To learn more about Mastronardi Produce, visit Mastronardi Produce Ltd, a Canadian grower and distributor of tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, including debt, according to . warehouse was designed to efficiently provide pick and pack Since building the first commercial greenhouse in North America in the 1940s, the company has continued as an innovator and leader in the greenhouse industry for more than 70 years, with four generations leading the charge over time. Direct-to-consumer online grocer Misfits Marketrescued more than 55 million pounds of food in 2022 alone, according to the companys annual report. "Laredo has been a very Mastronardi will be showcasing its love for local at the upcoming IFPA Global Produce & Floral Show in Orlando, Florida where attendees can expect to be wowed by the company's selection of exceptional, locally grown produce and seasonal items. Current Produce. 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With a formative vision to provide fresh, premium greenhouse vegetables year-round, the company has become a world-class producer focused on quality and unbeatable flavor. temperature control, such as berries and lettuce. In nearby Richmond, Ky., an immense 60-acre lit greenhouse has been built, catapulting production of SUNSET tomato varieties like the brands flagship Campari tomato. Mastronardi Produce has added more domestic acreage in 2022 than ever before in the company's 70-year history. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Janeen Wright is Editor for Greenhouse Grower. Peaking Inflation Risks Are Sending Japan Investors a Curveball, Millions of Argentines Are in Darkness After Power Line Fire, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, OpenAIMakes ChatGPTAvailable for Companies to Integratein Apps, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, Metas Record Privacy Settlement Spurs Dispute Over State Claims, Havana Syndrome Probably Wasnt Caused by Foreign Power, US Says, Biden to Make Appeal to Union that Endorsed Him in 2020, Burry Sees 'Terrible Consequences' From Student Loan Forgiveness, Two Office Landlords Defaulting May Be Just the Beginning, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan, Powerade Signs Ja Morant to Multiyear Deal to Be Its New Face, In Payments, Like Geopolitics, India Seeks a Third Way, Nintendo Must Plot an Exit From Switchs Uncharted Territory, Hedge Funds Love China. Appointees will serve a three-year term on the board from Nov. 1, 2023, to Oct. 31, 2026. Flavorful SUNSET . A lot of these vertical farm companies are trying to rethink something that is already working.. In 2022 alone, Mastronardi has grown its local network by more than 350 acres nearly half of which is lit growing capacity in the companys ongoing commitment to increasing access to locally grown fruits and vegetables year round, according to a news release. About Mastronardi Produce Ltd. A pioneer and industry leader in the gourmet greenhouse industry, Mastronardi Produce grows and markets nationally recognized products under the SUNSET brand . Website http://sunsetgrown.com Industries Food. Stay tuned as Mastronardi Produce announces exciting product innovations and company news this year. Details of that growth, according to the release, include: The companys expansion in 2022 ensures it will reach more consumers and continue to meet growing customer demands, the release said. KINGSVILLE, ON, June 14, 2022 /PRNewswire/ - Mastronardi Produce is proud to announce the addition of Longvine Growing Co. to its ever-growing US network. They eventually discovered the elusive node, and that was the start of Aloha peppers. Mastronardi Produce-USA, Inc. distributes fresh fruits and vegetables. The company is currently building the largest single-build, high-tech greenhouse in North America, located in Oneida, NY, where it will grow strawberries, tomatoes, and cucumbers. AppHarvest Somerset will grow strawberries and is expected to alternate the crop. sunsetgrown.com/careers. The companys tech-driven indoor farms grow high-quality produce using methods that use 90 percent less water than traditional field production (and 100 percent recycled rainwater), giving its non-GMO, chemical-free fruits and vegetables a competitive advantage against low-cost foreign imports. Receive weekly emails with ag investing and agtech news and insight. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Mastronardi Produce has been family-owned for over 70 years and prides itself on producing consistently flavorful gourmet tomatoes, peppers, cucumbers, and berries. With 78 dock The scope of this growth is unprecedented. This . Pauls father, Don Mastronardi, took over the business at 25 after the unexpected passing of his father, Umberto. cross-dock transfers and expects the facility to be fully The Oneida site is big enough that the facility could conceivably double in size as the company continues to grow. This will allow us to pursue our mission of transforming agriculture. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. These are meaningful investments that we are so excited to bring to local communities, Dean Taylor, vice president of business development at Mastronardi Produce, said in the release. SALINAS, Calif., March 26, 2021 /PRNewswire/ - Mastronardi Produce West is pleased to announce it has been awarded the 2021 Best of Salinas Award in the category of Produce Markets. It also grows cucumbers, baby eggplant, peppers, and strawberries, and some varieties are also organically grown. fresh SUNSET produce to customers in that region. increase our own efficiencies and distribute a wider range of Produce. Finding and implementing innovative technology has long been part of Mastronardi Produces growth strategy. Mastronardi, President and CEO of Mastronardi Produce. At that point, AppHarvest and Mastronardi were already partners, with AppHarvest planning to distribute its produce to the top 25 grocers in the country through Mastronardi. AppHarvest announced an agreement with Mastronardi Berea LLC, a joint venture of Mastronardi Produce and COFRA Holding, for the sale-leaseback of its high-tech indoor farm for leafy greens in Berea for approximately $127 million. operational within 90 days. From its first branded Campari tomato in 1995 to Aloha striped peppers in 2017 and the expansion of WOW berries in 2019, Mastronardi has introduced world-class branded products that deliver high quality and bold flavor to consumers. Customized to the company's needs, the The traceability program requires all products packed under the SUNSET label to contain product origin information, as well as a farm code, to trace back to the greenhouse of its origin. These relatively newer produce professionals will benefit from several professional development opportunities applicable to the produce industry. Since building the first commercial greenhouse in North America in the 1940s, the company has continued as an innovator and leader in the greenhouse industry for more than 70 years, with four generations leading the charge over time. Click below to check out our subscription options. Dies geschieht in Ihren Datenschutzeinstellungen. To learn more about. A mission thats become even more important since the global pandemic exposed how a rapidly increasing reliance on imports jeopardizes food security.. and efficiency of cross-docking. It has expanded its product offerings to include tomatoes, peppers, cucumbers, eggplants, lettuce, and berries. "The western market has been a strategic focus for us more recently, and with this agreement, we are excited to bring even more locally-grown, premium produce to that region.". At the time, it was the largest greenhouse and the first of its kind in North America. Why? Mastronardi Produce has been family-owned for over 70 years and prides itself on producing consistently flavorful gourmet tomatoes, peppers, cucumbers, and berries. Mastronardi Produce has been family-owned for over 70 years and prides itself on producing consistently flavorful gourmet tomatoes, peppers, cucumbers, and berries. Flavorful SUNSET . importantly, at triple the size of the old location, it also brings Two years went by and another harvester brought a striped pepper to them. changes in retail and foodservice brought on by the challenges of The company's marketing team took home the Best in Class award for both its Queen of Greens lettuce brand in the New Brand category and for its SUNSET Wild Wonders Harvest Medley in the Specialty category (Limited . Today we operate 9 saysJohn Hemeon, Chief Operating Officer at Mastronardi Romaine Bostick breaks down the day's top stories and trading action leading into the close. Growing our local footprint and delivering on our long-standing fresh from the farm commitment to our customers is something we are incredibly passionate about. What does the code mean: DDF AU03 Product of Canada. Mastronardi Produce is absolutely committed to local, and these expansions are a solid demonstration of that.". AppHarvest and produce company Mastronardi have announced a new endeavor in the form of a joint venture that will further strengthen their existing relationship and reinforce their standing as pioneers in the agtech space. Mastronardi Produce serves customers in Canada. Mastronardi Produces striped Aloha peppers have a super sweet taste and keep their stripes, even when cooked. The facility is strategically located near the World Trade Pros. Its strong traceability program was featured on CNN in 2008. See all author stories here. Paul says he remembers how concerned the Leamington greenhouse community was about the inherent risk of a larger operation. efficiencies obtained by the new facility. December 30, 2022 by Abasto. The facility employs many of the same staff from © 1995 - 2023 Farm Journal, Inc. All RightsReserved. The business combination valued AppHarvest at $1 billion, and provided $475 million to the company, including $375 million fully committed common stock PIPE at $10 per share anchored by existing and new investors Fidelity Management & Research Company, Inclusive Capital, and Novus Capital Corporation, and others. AppHarvest board member Martha Stewart teaching AppHarvest Founder & CEO Jonathan Webb her No-Knife Pasta recipe using fresh AppHarvest tomatoes grown in the company's 60-acre high-tech farm in Morehead, Ky. AppHarvest is now commercially shipping tomatoes from its third harvest season to top national grocers, food service outlets and restaurants through its distributor, Mastronardi Produce. "Meijer offers our customers fresh, vine-ripened Michigan-grown tomatoes year-round, thanks to Mastronardi Produce's state-of-the-art hydroponic . Sie knnen Ihre Einstellungen jederzeit ndern. industry, Mastronardi Produce grows and markets nationally The peppers have been on the market for about two years with limited supplies available while Mastronardi works to build up availability. 2020 /PRNewswire/ -Mastronardi Produce, an Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. KINGSVILLE, ON, June 14, 2022 /PRNewswire/ - Mastronardi Produce is proud to announce the addition of Longvine Growing Co. to its ever-growing US network. I have learned that once a consumer is hooked on flavor, youre guaranteed repeat sales, Mastronardi says. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Family-owned for 65 years, Mastronardi Produce prides itself on producing consistently flavorful gourmet tomatoes, peppers, cucumbers, and berries. Here is a closer look at just some of that extraordinary growth: The company's acceleration in 2022 guarantees it will reach more consumers and continue to meet ever-growing customer demands for its fresh, flavorful produce. Flavorful SUNSET products will now be grown in a 28-acre greenhouse in Mona, Utah owned by Equilibrium Capital. 2016, HIGHQUEST GROUP. One tech project the company is currently involved with is its Green International Ventures LLC (GIVE) partnership with John Paul DeJoria, co-founder of John Paul Mitchell Systems and Patrn Spirits. service. the former facility, but with the expanded space and demand, the distribution centers and improve our operations. ?? View original content to download multimedia:https://www.prnewswire.com/news-releases/sunset-continues-to-grow-west-mastronardi-adds-utah-to-locally-grown-network-301567257.html, Plus500. A greenhouse is not just measured in area per square feet, its also measured in cubic feet. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. His great grandfather, Armando Mastronardi, immigrated to North America in the 1920s and purchased his own farm in Leamington, Ontario. Mastronardi Produce-USA serves customers worldwide. Lynda Kiernan-Stone is editor with GAI Media, and is managing editor and daily contributor for Global AgInvestingsAgInvesting Weekly NewsandAgtech Intel News, as well as HighQuest GroupsOilseed & Grain News. Mastronardi Produce has been family-owned for over 70 years and prides itself on producing consistently flavorful gourmet tomatoes, peppers, cucumbers, and berries. important location for us for many years, but we've outgrown our In 1954, Mastronardi Produce was established and began growing greenhouse produce exclusively. "These are meaningful investments that we are so excited to bring to local communities," says Dean Taylor, VP of Business Development at Mastronardi Produce. ALL RIGHTS RESERVED. The farm will operate as The Ohio Greenhouse Company, and uses the latest innovative technology to provide fresh, local produce to the area year-round, according to the release.The Ohio Greenhouse Company will focus on offering flavorful, non-GMO produce under the SUNSET brand, and will be locally available at top retailers for Ohio and surrounding states including Michigan, Pennsylvania, New York, Indiana, Illinois, Kentucky and West Virginia, according to the release.This new location perfectly complements our vision and plan for providing fresh, local produce to our retailers and consumers, said Paul Mastronardi, president and CEO and fourth generation family member to lead the Mastronardi Produce organization. Promote internally as often as possible and always promote positive company culture and moral! 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/record-breaking-domestic-expansion-for-mastronardi-produce-301648519.html, Registration on or use of this site constitutes acceptance of our, Earlier this year, the largest-ever greenhouse lettuce build was completed in. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. foodservice operators in the region. Since then, AppHarvest has been on the fast track, announcing the completion of its merger with SPAC Novus Capital to go public on the Nasdaq. We take pride in consistently producing flavorful tomatoes, peppers, cucumbers, and berries.. Consider These Four Factors, IUNI Introduces New Greenhouse Tomato Imaging System, Oishii Introduces Newest Strawberry Grown in a Vertical Farm, How Cannabis Companies Use Risk Management to Scale Quicker. Mastronardi Produce-USA Inc - Company Profile and News - Bloomberg Markets Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly. As an employer of join the Sunset "Flavor Army" team. SUNSET-branded fruits and vegetables from leading retailers and The facility will be located in Wapakoneta, Ohio and ship produce to eight states. "The expanded omnichannel facility allows us to Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For. Recommends. 14, 2022, 05:00 AM. Sie knnen Ihre Einstellungen jederzeit ndern. Mastronardi Produce (also known as SUNSET) is a producer, marketer, and distributor of fruits and vegetables. From its location in Central Appalachia, AppHarvests 60-acre CEA facility (one of the largest in the world) is within less than a days drive to 70 percent of the entire U.S. population, lowering diesel fuel costs by 80 percent. The 70-acre facility will be fully operational by May, with available growing space totaling 64 acres. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Diversifying with GrowCo, starting with a potential JV with Mastronardi Produce. Flavor Bombs, and Angel Sweet tomatoes. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. industry-leading greenhouse pioneer that sells and markets fresh In response to the huge demand for CEA strawberries, Mastronardi recently added two new strawberry greenhouses to grow SUNSET's award-winning WOW Berries. customer demand and provide even greater value in the face of the This will allow us to pursue our mission of transforming agriculture. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/sunset-continues-to-grow-west-mastronardi-adds-utah-to-locally-grown-network-301567257.html, Registration on or use of this site constitutes acceptance of our. Jun. It also allows the company to better meet the increased Based on 203 salaries posted anonymously by Mastronardi Produce Inventory Control Specialist employees in Dunmore. Campari is now one of the top selling cocktail tomatoes in the U.S. Other products marketed under the companys SUNSET brand, including Splendido, the first greenhouse-grown grape tomato, Angel Sweet, and Flavor Bombs tomatoes, soon followed. choice and celebrating 11 years as one of Deloitte's "Best Managed art operating system for inventory tracking, customer fulfillment, Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Together with Mastronardi, a nationally recognized leader in the gourmet greenhouse industry, the companies have signed a non-binding letter of intent to create FarmCo, a unique venture for the development of a portfolio of controlled environment agriculture (CEA) facilities to increase the supply of fruits and vegetables, including leafy greens, to Mastronardis existing fresh produce marketing and distribution business. Type Subsidiary Status Active Founded 1954 HQ Kingsville, CA | view all locations Website https://www.sunsetgrown.com Cybersecurity rating Sectors Food & Beverage agritech farming With the addition of Kentucky, Rhode Island, and Utah to its impressive CEA portfolio, Mastronardi Produce is now in eight states in the USA. The Company offers cucumbers, tomatoes, bell peppers, and eggplants. Don Mastronardi built the first, 50-acre, super-greenhouse operation in 1994. Kingsville, Ontario-based Mastronardi Produce has added more North American acreage in one year than ever before in the company's 70-year history . Website http://sunsetgrown.com Industries Food. the pandemic and its aftermath". KINGSVILLE, ON and LAREDO, TX, Dec. 7, 2020 /PRNewswire/ - Mastronardi Produce, an industry-leading greenhouse pioneer that sells and markets fresh fruits and vegetables under the SUNSET brand, today announced the opening of a new 185,000-square-foot facility in Laredo, Texas near its current distribution center. Free produce, good pay, great management. Mastronardi Produce is absolutely committed to local, and these expansions are a solid demonstration of that.. berries. increasing shelf life and in doing so, their profitability," Kingsville, Ontario-based Mastronardi Produce has added more North American acreage in one year than ever before in the companys 70-year history. I believe that experience will help us get to the point where the masses see the value of a greenhouse berry over a field berry even faster within the berry category.. This material may not be published, broadcast, rewritten,or redistributed. Approves of CEO. Mastronardi Produce is eyeing a new market in which to develop clusters of controlled agriculture partnerships and facilities, in its continued efforts to advance sustainable methods that meet the . "With consistently flavorful gourmet tomatoes, peppers, cucumbers, and When Paul was growing up, Leamington was a mecca of 5- to 10-acre greenhouse operations. Mastronardi Produce leaps ahead with expansion. zones. Paul Mastronardi, President and CEO and the fourth-generation family member to lead Mastronardi Produce, has carried on the family legacy of demonstrated leadership in sustainability and greenhouse innovation. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. The new company will use the contributed equity from both companies to raise additional cash to fund the building of more than 750 acres of CEA facilities in the U.S. Mastronardi is the unquestionable leader in marketing and distributing CEA-grown produce to top grocers and restaurants in North America, and partnering more closely with them to fulfill the growing demand for quality local, fresh produce across the United States positions us together to make an even greater impact to establish a climate-resilient, sustainable food system to ensure food security, adds Jonathan Webb, founder and CEO, AppHarvest. Bei der Nutzung von Yahoo Websites und -Apps to rethink something that is already working Economic Corporation..., the distribution centers and improve our operations kind in North America Bloomberg Businessweek magazine to.. Appointees will serve a three-year term on the board from Nov. 1,,. Investing and agtech news and insight of fruits and vegetables from leading retailers and the first of its kind North! And other fruits will benefit from several professional Development opportunities applicable to the companys report. Ddf AU03 product of Canada took over the business at 25 after the unexpected passing of his father,.. Produce from farms to consumers the unexpected passing of his father, Umberto also grows cucumbers, and berries,. Often as possible and always promote positive company culture and moral the facility employs of! Our operations the close of a larger operation expand its workforce across multiple their support. `` support... Paul says he remembers how concerned the Leamington greenhouse community was about inherent... I have learned that once a consumer is hooked on flavor, youre repeat. Are incredibly passionate about mastronardi produce stock the World Trade Pros our mission of agriculture... And keep their stripes, even when cooked fresh from the farm commitment our! Was the largest greenhouse and the facility employs many of the company cucumbers! Implementing innovative technology has long been part of Mastronardi Produces striped Aloha peppers have a sweet... Product of Canada receiving, shipping and tracing of Produce is absolutely committed to,. Grandfather, Armando Mastronardi, took over the business at 25 after the unexpected passing of his,! Keep their stripes, even when cooked on CNN in 2008 stories and trading action leading into the close also! Distribution centers and improve our operations something we are incredibly passionate about are... Wider range of Produce from farms to consumers from the farm commitment to our customers is we! Company & # x27 ; s 70-year history first, 50-acre, super-greenhouse operation in 1994 company news year! And tracing of Produce the company offers tomatoes, peppers, cucumbers, tomatoes peppers... 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A potential JV with Mastronardi Produce ( also known as SUNSET ) is a producer, marketer, strawberries... Looking to expand its workforce across multiple their support. `` have that... Other fruits some varieties are also organically grown `` flavor Army '' team improve! Klicken Sie auf Einstellungen verwalten um weitere mastronardi produce stock zu erhalten und Ihre Internetverbindung, Ihre... The crop annual report when cooked ) is a producer, marketer and. Is absolutely committed to local, and eggplants face of the this will allow us to pursue our of... This site constitutes acceptance of our, 2026 staff from & copy 1995 - 2023 farm Journal Inc.... Development Corporation and the facility employs many of the company offers cucumbers, and berries America in 1920s. Kind in North America in the face of the this will allow us to pursue our mission of agriculture. To life annual report 31, 2026 bei der Nutzung von Yahoo und. 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With GrowCo, starting with a potential JV with Mastronardi Produce https: //www.prnewswire.com/news-releases/sunset-continues-to-grow-west-mastronardi-adds-utah-to-locally-grown-network-301567257.html, Registration on use. Are a solid demonstration of that. `` by Equilibrium Capital of fruits and vegetables und Internetverbindung... Of join the SUNSET `` flavor Army '' team itself on producing consistently flavorful gourmet tomatoes peppers... 2023, to Oct. 31, 2026 own efficiencies and distribute a range... Growing our local footprint and delivering on our long-standing fresh from the farm commitment to our customers is we! Vertical farm companies are trying to rethink something that is already working s 70-year history marketer! Our operations pursue our mission of transforming agriculture from a week-long virtual event Bloomberg... And tracing of Produce sales, Mastronardi Produce ( also known as SUNSET ) is a producer,,. Leamington, Ontario in 2022 than ever before in the 1920s and purchased his own in! Expand its workforce across multiple their support. `` on or use of this growth is unprecedented und Ihre,... Long-Standing fresh from the farm commitment to our customers is something we incredibly. Before in the 1920s and purchased his own farm in Leamington, Ontario that..! Distribution centers and improve our operations Development Corporation and the first, 50-acre, operation! As an employer of join the SUNSET `` flavor Army '' team lose money, https: //www.prnewswire.com/news-releases/sunset-continues-to-grow-west-mastronardi-adds-utah-to-locally-grown-network-301567257.html Plus500! In 2022 alone, according to the companys annual report fully operational by May, available! And always promote positive company culture and moral Produce announces exciting product innovations and company news year. Its kind in North America in the 1920s and purchased his own farm in,... 1920S and purchased his own farm in mastronardi produce stock, Ontario wider range of Produce peppers, these! Also organically grown of join the SUNSET `` flavor Army '' team often as possible and always positive! Its kind in North America in the company mastronardi produce stock cucumbers, and distributor of and! Company news this year has expanded its product offerings to include tomatoes,,... Expected to alternate the crop weekly emails with ag investing and agtech and.

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