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AppHarvest, Inc. is an American food production company developing and operating indoor farms in Appalachia. The company operates a 60-acre tomato farm in Morehead, Kentucky, [1] [2] with plans to operate an additional 3 farms across Kentucky. [3] [4] Founded by Jonathan Webb, the company aims to use Kentucky's central geographic location to ...
Meanwhile, two indoor farming companies that attracted strong startup money — New Jersey's AeroFarms and Kentucky's AppHarvest — filed for bankruptcy reorganization. And a five-year-old ...
A 2020 survey of indoor farming in the U.S. [18] found that indoor production was: 26% leafy greens, 20% herbs; 16% microgreens; 10% tomatoes; 28% other; AeroFarms, founded in 2011, raised $40 million in 2017 and reportedly opened the largest indoor farm in the world in Newark, New Jersey in 2015; [19] by 2018 it built its 10th indoor farm. [19]
The history of the company goes back to 1895 and was known for feed milling. [4] In 1916, D.W. McMillen started manufacturing a feed by the name of 'Wayne' which was later chosen as a name for the company. [4] In 1965, Allied Mills spun-out its poultry business in order to focus on manufacturing and named the new company, Wayne Farms. [4]
Westford, USA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the indoor farming market size will attain a value of USD 101.92 billion by 2031, with a CAGR of 12.9% over the forecast period (2024-2031). Diminishing availability of arable land around the world and advancements in grow light and LED technologies are expected to ...
AppHarvest, a Kentucky-based indoor farming company that was backed by Martha Stewart when it began shipping tomatoes in early 2021, has filed for bankruptcy, officials announced on Monday. The ...