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BrightFarms, GIANT Food Stores break ground on greenhouse

The greenhouse will deliver fresh, local produce to Pennsylvania supermarkets within 24 hours of harvest.
May 24, 2019
BrightFarms, New York, partnered with GIANT Food Stores, Carlisle, Pa., to develop a new 250,000-square-foot foot greenhouse in Snyder County, Pa.
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sustainability farm

Silo lands $3M seed round to bring wholesale, perishable agriculture online

Silo’s AI and machine learning technology adapts to existing workflows, seamlessly automating the entire supply chain from harvest management and quality control to forecasting and negotiation through logistics and payment.
May 24, 2019
Silo, a San Francisco-based technology-driven marketplace that uses artificial intelligence (AI) to streamline supply chains for perishable agribusiness, announced a seed round of $3 million in capital.
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Golding Farms Foods acquires Arcobasso Foods

The acquisition enhances Golding Farms' product offerings and capabilities in numerous categories.
May 24, 2019
Golding Farms Foods, Inc., a Winston-Salem, N.C.-based manufacturer of private label and branded sauce and condiment products, acquired Arcobasso Foods, Inc., a Hazelwood, Mo.-based manufacturer of refrigerated dressings, sauces and beverage mixers.
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MOD Pizza

MOD Pizza announces $160M equity financing to maintain rapid growth

With this additional capital, MOD plans to maintain its rapid growth across existing and new markets in the United States and internationally.
May 24, 2019
MOD Super Fast Pizza Holdings, LLC, Seattle, Wash., announced a $160 million equity financing led by Clayton, Dubilier & Rice (CD&R), a New York-based private investment firm.
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Perdue acquires Panorama Meats

Panorama Meats prides on its humane animal care, commitment to traditional ranching practices and conservation efforts of America’s grasslands.
May 23, 2019
Perdue Premium Meat Co., Inc., Salisbury, Md., announced plans to acquire Panorama Meats.
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Survey shows how fleets lack access to business intelligence

Approximately 33% of respondents said they still do not have a software platform that allows them to manage their fleet’s total cost of ownership all in one place.
May 23, 2019
Fleet Advantage, Fort Lauderdale, Fla., announced results of its latest industry-wide survey addressing the gap that remains for today’s fleets in the way they utilize data and business intelligence to run their trucks and fleet operations.
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Study: Plant-based meat market worth $27.9B by 2025

Burger patties are one of the most popular plant-based meat products available in the market.
May 23, 2019
The plant-based meat market is estimated at $12.1 billion in 2019, and is projected to grow at a CAGR of 15% from 2019-2025, reaching $27.9 billion by 2025, according to a report published by MarketsandMarkets, Chicago.
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