Page 207 - Roduce Editorials News Today

Local Bounti Corp., an indoor agriculture company, has entered into a definitive agreement to acquire California-based complementary indoor farming company Hollandia Produce Group Inc., which operates under the name Pete's®, for total consideration of $122.5 million, subject to customary adjustments.  The transaction consideration will comprise $92.5 million in cash, expected to be provided pursuant to Local Bounti's existing lending facility with Cargill, and the remaining $30 milli...

The Hunts Point Produce market is on its way to being bigger and better than ever, thanks to an injection of $140 million courtesy of an economic recovery blueprint introduced by New York City Mayor Eric Adams.

Walmart Inc. plans today to make Toronto, ON, and Atlanta two new Walmart Global Tech hubs because of their growing tech presence, connection to Walmart and broad and diverse local talent. The expansion is part of Walmart Global Tech’s plan to hire more than 5,000 associates globally this fiscal year.

As the first day of spring approaches, Bobalu Berries is launching new video content that captures the essence of spring for shoppers.  One key video focuses on stem berries that are synonymous with spring holidays.  

A large crowd turned out for the Bozzuto's Independent Retailer Conference, held March 1-2 at Mohegan Sun in Uncasville, CT, a new venue for the event. As always, a great many produce vendors from all over the country were on hand to display the latest products. "It drew a lot of interest," said Greg Veneziano, vice president of perishables at the wholesaler grocer. "We had a great turnout, and it was a great show."

ORLANDO, FL —  It was a return to normalcy as the Southeast Produce Council’s Southern Exposure expo was bursting at the seams with smiling attendees and exhibitors. Following a rousing keynote address by Tim Tebow, the buzz on the show floor was immediate, palpable  — and lasting — as it remained busy until closing.

Mark Smith, general manager of the Philadelphia Wholesale Produce Market, was selected by the National Association of Produce Market Managers as Market Manager of the Year at its annual conference, held this month in New Orleans. NAPMM’s Market Manager of the Year award winner is selected annually by the NAPMM executive board and recognizes a market manager for their work and accomplishments at their respective market. All entries are judged on overall accomplishments, with measurable outcomes...

As new research confirms that COVID-19 has made people more health-conscious, the potato is trending again with shoppers, scientists and the media. Recent stories in major media outlets remind consumers that potatoes "loaded with nutrients like vitamin C, potassium and B6 and fiber" are "uber-healthy."

Lipman Family Farms’ Crimson tomato has been developed to exceed expectations of the ideal tomato. The Crimson is picked at peak freshness and specially bred for its signature deep red color, intense flavor, and high lycopene content with antioxidant properties to provide consumers with maximum health benefits.

Harps Food Stores Inc. has appointed several directors to vice president, including the elevation of Mike Roberts to vice president of produce.