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AeroFarms and CArdinal News

AeroFarms avoids shutdown, says it will be a ‘stronger, more stable business’

From Cardinal News…

After warning of a possible shutdown for months, an indoor agriculture company operating in Pittsylvania County has canceled the prospect of a mass layoff and now says it will be a “stronger, more stable business.”

Between December and late March, the company, AeroFarms, sent multiple notices to state and local officials under the Worker Adjustment and Retraining Notification Act, or WARN Act, which requires large employers to provide advance notice of major layoffs or plant closures.

The notices originally indicated that AeroFarms would permanently close its Pittsylvania County facility but changed course to say that the company had secured short-term funding to stay open as it sought a buyer for the operation. At least 120 employees’ jobs were at stake as the saga unfolded.

Read full story from Cardinal News…

 

aerofarms, Funding, vertical farming