Revol Greens Plans Temple, Texas, Greenhouse Complex
According to Temple Economic Development Corporation, pending final negotiations with Bell County Commissioners Court, the company will construct a 40-acre advanced greenhouse as part of a $110 million investment. Upon approval, Revol Greens will break ground on the new operation in 2021, which will include two phases of what will ultimately be a four-phase expansion, expected to be the largest lettuce greenhouse globally at full build out.
"Revol Greens selected Temple for our new facility in order to expand our production and distribution capabilities," said Mike Wainscott, CFO of Revol Greens. "The Temple greenhouse will produce upwards of 17 million pounds of greens annually upon completion of phase two. Temple's central location in Texas means our products will reach shelves and tables throughout the southern U.S. efficiently. We're eager to begin production in Temple and appreciate the work that the Temple EDC has invested over the past eight months to make this project happen."
The new Temple operation represents Revol's first southern expansion, which will allow the company to distribute its sustainably produced, organic lettuce products throughout Central Texas and the South. Products will move from the facility to market three to four days faster than food products coming from the west coast, enhancing freshness.
"We are thrilled to welcome Revol Greens to Temple," said Adrian Cannady, president and CEO of Temple Economic Development Corporation. "Revol joins a growing roster of food and beverage companies that choose to base their manufacturing and distribution operations in Temple, Texas."
With locations in Minnesota, California and now Temple, Revol Greens is the largest lettuce greenhouse grower in North America. Applying advanced growing methods and greenhouse technology, the company uses 90% less water than traditional field-grown greens. Currently, Revol's products are available in stores and restaurants across the Midwest.
The Temple facility will be financed by Equilibrium Capital, the leading investor in the greenhouse and controlled environment sectors in North America, according to Temple Economic Development Corporation. In addition to investments with AppHarvest in Kentucky, Houweling's in California and Utah, and Finka in Mexico, Equilibrium's Controlled Environment Foods strategy investments also include Revol's existing facilities in Minnesota and California.
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