Tuesday, November 5, 2024

Mastronardi Produce Expands with New Greenhouse Acquisitions

Mastronardi expands with greenhouse acquisitions in a strategic move to strengthen its Canadian operations, acquiring 91 acres of greenhouse capacity. This substantial addition allows Mastronardi Produce, renowned for its SUNSET® brand, to meet increasing consumer demand for high-quality, flavorful produce while supporting local agriculture. With this acquisition, Mastronardi will boost its year-round production of locally grown fruits and vegetables, aligning with its goal of reducing import reliance and supporting sustainability.

The acquisition encompasses a 27-acre, high-tech greenhouse in Kingsville, Ontario, completed in 2020. This modern facility boasts advanced technology and specialized lighting to optimize growing conditions, ensuring consistently superior produce quality. Additionally, exclusive marketing agreements with J.C. Fresh Farms Ltd. and Orangeline Farms Limited contribute another 64 acres in Kingsville and Leamington, Ontario. These partnerships expand Mastronardi’s footprint in Canada, providing fresh produce year-round and bolstering the company’s local supply chain.

Paul Mastronardi, President & CEO, remarked on this strategic growth, “This additional greenhouse acreage allows us to further our mission of delivering WOW flavor experiences with locally grown fruits and vegetables.” With this addition, Mastronardi expands with greenhouse acquisitions to advance its mission of providing premium produce under the SUNSET® brand, meeting growing consumer expectations for flavor, freshness, and quality.

These acquisitions build on a history of strategic expansion by Mastronardi Produce. Earlier in 2023, Mastronardi formed a joint venture with Intergrow Greenhouses Inc., adding 105 acres of high-tech greenhouse production in New York. This move strengthened its U.S. presence and enhanced its production capabilities. Additionally, in October 2023, Mastronardi incorporated two new greenhouse facilities in Kentucky, expanding its network further. Each of these steps reflects Mastronardi’s dedication to sustainable agriculture and quality, positioning the company as a formidable player in the North American greenhouse industry.

For industry professionals and investors, this latest expansion by Mastronardi underscores its focus on sustainable growth, innovation, and strategic alignment with market demands. Mastronardi expands with greenhouse acquisitions to secure its place as a trusted leader in the sector, with a robust commitment to locally sourced, sustainably grown produce. As Mastronardi’s operations expand, it continues setting benchmarks for quality and freshness, driving the market forward with bold innovations in greenhouse farming.

Mastronardi’s expansion signifies an evolving landscape for fresh produce in North America, where local production is increasingly important. By scaling its operations through strategic acquisitions, Mastronardi bolsters its role in delivering fresh, high-quality fruits and vegetables year-round, offering investors and stakeholders a promising outlook on the future of sustainable, locally grown agriculture.

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