Local Bounti Now Shipping Product to Brookshire Grocery Company
Expanded distribution brings Local Bounti's full assortment of product offerings to more than 180 BGC locations
Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it is now shipping to Brookshire Grocery Company ("BGC") locations from its new Mount Pleasant, Texas facility. BGC is stocking Local Bounti's full line of produce products - including its Grab-and-Go Salad Kits, living lettuce and baby leaf varieties - to more than 180 Brookshire store locations across three states in the Southeast and Southwest United States.
"We are excited about the opportunity to partner with Brookshire's, as it marks another significant distribution win for Local Bounti, bringing us closer to our mission of delivering fresh, locally grown produce to more communities across the country," said Kathleen Valiasek, President and Chief Financial Officer of Local Bounti. "Our ability to develop key accounts like this is made possible by our efforts to increase capacity through both our facility expansions and relentless optimization of our operations. Our new Texas facility will play a crucial role in ensuring that a reliable supply of fresh, sustainable, and locally grown produce makes its way to consumers across the South."
For more than 95 years, BGC has been a family-owned and led company that has strived to remain true to the strong values of its founder, Wood T. Brookshire, who opened its first store in Tyler, Texas, in 1928. These include remarkable customer service, clean stores, fresh products, and strong community support. Through the years, BGC has grown to become a leading regional grocery retailer with more than 17,000 employee-partners and more than 210 store locations in four states. Stores operate under the banners of Brookshire's, Super 1 Foods, Spring Market, FRESH by Brookshire's and Reasor's.
"We are thrilled to bring Local Bounti's fresh, innovative products to our customers," said Brad Brookshire, Chairman and CEO of Brookshire Grocery Company. "Local Bounti is enabling us to offer a consistent source of locally grown, greenhouse-fresh produce and convenient salad kits that perfectly align with our commitment to quality and freshness. We're confident our shoppers will love these delicious, ready-to-eat options that make healthy eating a breeze."
About Local Bounti
Local Bounti is redefining indoor farming with an innovative method - its patented Stack & Flow Technology® - that significantly improves crop turns, increases output and improves unit economics. Local Bounti operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Local Bounti grows healthy food utilizing a hybrid approach that integrates the best attributes of controlled environment agriculture with natural elements. Local Bounti's sustainable growing methods are better for the planet, using 90% less land and 90% less water than conventional farming methods. With a mission to 'revolutionize agriculture, ensuring accessibility to fresh, sustainable, locally grown produce and nourishing communities everywhere for generations to come,' Local Bounti's food is fresher, more nutritious, and lasts longer than traditional agriculture. To find out more, visit localbounti.com or follow Local Bounti on LinkedIn for the latest news and developments.