Rising Farms announced the launch of its latest indoor farming facility. With the addition of the new facility, the total acreage of indoor space is reportedly the size of 50 football fields. The company says that its expansion will increase the hydroponics growing capacity of specialty crops to 4x the normal amount sold to the North American market and brings 500 new job opportunities for its team during the first half of 2023.
According to chairman of the board of directors, Pablo Ricaud, "We are excited to make this announcement during an economic downturn. Not only are we able to increase our capacity to provide the highest quality hydroponic vegetables, but we are also able to bring highly skilled jobs to our communities, something that makes us very proud."