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Friday, November 15, 2024

Cox Farms Becomes North America’s Largest Indoor Farmer

Cox Farms, a recently launched subsidiary of telecommunications conglomerate Cox Enterprises, said it is now the largest indoor farming operator in North America following its latest acquisition of a greenhouse facility in Canada. Cox-owned Mucci Farms added to its footprint with the acquisition of Greenhill Produce, a nearly 150-acre facility in Kent Bridge, Ontario, that specializes in bell peppers. Financial details were not disclosed. The purchase gives Cox Farms more than 700 acres of greenhouse space across its two brands. In addition to Mucci Farms, Cox also owns leafy greens grower BrightFarms. Since launching in March, Cox Farms has embarked on a rapid acquisition spree and doubled the acreage across its two brands in roughly nine months. “Seeing Cox Farms become North America’s largest greenhouse operator is a proud moment for us,” Alex Taylor, chairman and CEO of Cox Enterprises, said in a statement. “Cox Farms is not only providing fresh food options to millions but is also setting a powerful example of building a better future in agriculture.”