Plenty closes Compton leafy greens farm to focus on strawberries

The company said the closure is in response to increased costs of farming in California and growing demand for vertically farmed strawberries.

A propagation space for indoor agriculture company Plenty.
A propagation space for indoor agriculture company Plenty.
(Photo courtesy of Plenty Unlimited)

In a social media post, indoor vertical farming company Plenty said it closed its Compton, Calif., leafy greens farm, part of a strategic decision to focus on strawberries.

“The rising cost of doing business in California, including climbing energy prices, made operating here challenging,” the company said in the post. “Closing this chapter was not a decision we made lightly, but it was a necessary step as we shift our focus to strawberries.”

In the post, the company said it was a bittersweet moment following the opening and first planting in its Richmond, Va., strawberry farm. The company said its Compton farm was the first for the business and helped the company solve challenges in agriculture and engineering.

“Our Compton team has worked tirelessly to overcome the inevitable challenges of a first instance farm,” the company said. “They brought agriculture back to Compton, proving the positive impact vertical farming can have on communities.”

Plenty said in the post that it thinks vertically-farmed strawberries provide a supply gap of locally-grown produce with peak-season flavor and a premium price.

“While most vertical farms are limited to lettuces, Plenty spent the past decade designing a modular growing system flexible enough to support a wide variety of crops,” the company said. “That advanced technology, coupled with our close partnerships, make Plenty uniquely positioned to succeed in strawberries.”

The Packer logo (567x120)
Related Stories
A pioneering pilot from the U.S. Food Waste Pact reveals that redirecting farm-level surplus strawberries into commercial kitchens can deliver an 80% revenue boost over juicing channels for growers while offering foodservice operators a 22.4% cost savings.
As the CEA sector faces widespread headwinds, the company is bucking the trend with 14% revenue growth, record yields and a disciplined playbook driving it toward positive EBITDA.
Federal trade officials set an initial duty on winter strawberries from Mexico following allegations that low-priced imports have damaged domestic producers.
Read Next
Discover how retailers can reverse declining produce sales among high-value Hispanic shoppers by tuning into The Packer’s new on-demand webinar, “Billions in the Basket,” featuring actionable, year-round engagement strategies from industry experts.
Get Daily News
GET MARKET ALERTS
Get News & Markets App