The Latest News on AppHarvest Filing for Bankruptcy, and What’s …
WEBAug 9, 2023 · The Latest News on AppHarvest Filing for Bankruptcy, and What’s Next for the CEA Market. By Brian D. Sparks | August 9, 2023. AppHarvest has become a familiar name and brand to the controlled-environment agriculture (CEA) industry since the company harvested its first crop of tomatoes in early 2021. Founder and CEO Jonathan Webb saw a need to ...
AppHarvest Was Touted As Appalachia’s Future. What Happened?
WEBFeb 14, 2024 · AppHarvest got a lot of attention — from national media, politicians and investors. But then, last year, the company filed for bankruptcy. Austyn Gaffney recently reported on AppHarvest’s downfall in a story for Grist and Louisville Public Media. Inside Appalachia Host Mason Adams spoke with Gaffney to learn more.
Indoor farming company backed by Martha Stewart files for …
WEBJul 24, 2023 · MOREHEAD, Ky. (AP) — AppHarvest, a Kentucky-based indoor farming company that was backed by Martha Stewart when it began shipping tomatoes in early 2021, has filed for bankruptcy, officials announced on Monday.
AppHarvest bankruptcy: Who will own Morehead, Richmond farms ...
WEBAug 31, 2023 · AppHarvest’s three remaining greenhouses will likely have new owners. Equilibrium, an Oregon-based investment firm, submitted the only bid — a $113 million credit bid — in an auction Wednesday to...
AppHarvest’s $4.85 Million Settlement Deal Gets Preliminary Nod
WEBMar 7, 2024 · Investors of AppHarvest Inc. will likely get their proposed $4,850,000 securities class action settlement approved as fair, reasonable, and adequate, a federal judge said in preliminarily approving the deal.
Is the biggest greenhouse in the US the future of farming?
WEBOct 6, 2021 · AppHarvest's greenhouse in Appalachia, Kentucky, is the biggest in the US. Using artificial intelligence (AI) and robotics, the company says it yields 30 times more per acre than open fields ...
AppHarvest defends cash payouts to executives as part of ... - WDRB
WEBJul 19, 2023 · LOUISVILLE, Ky. (WDRB) — Kentucky agriculture startup AppHarvest may run out of money, and three of its four high-tech indoor farms are subject to potential foreclosure or eviction actions.
AppHarvest announces Chapter 11 filing to support a financial and ...
WEBJul 24, 2023 · To pursue its transition, AppHarvest, Inc. has filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for ...
AppHarvest begins commercial shipments from first harvest at …
WEBJan 18, 2023 · All four farms in the AppHarvest network are now commercially shipping tomatoes, strawberries and salad greens to top retailers, restaurants and foodservice outlets. AppHarvest Somerset will...
AppHarvest announces 2022 Q4 and full-year results, achieving …
WEBMar 9, 2023 · Company successfully quadrupled to a four-farm network in 2022, setting the stage for expected year-over-year sales increases throughout 2023. Company increased net sales by 60% year-over-year.
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