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Bowery nottingham md12/12/2023 Stores served range from Whole Foods and independents to Ahold and Albertsons stores. In 2021, Bowery products could be found in 600 different stores, a figure that has now grown to over 1,000. The Fidelity fund group has come in as a lead investor, says Seawell, which she believes validates Bowery’s business strategy. It is located on a site that was once used for steel production, so it is a brownfield-“a property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant,” according to the Environmental Protection Agency.Īs a result, the land could never be used for conventional farming.īowery, founded in 2015 and privately held, doubled its revenue in 2021-22, says Seawell “exiting 2022, we feel we are on pace to double revenue again.” The Bethlehem facility is “our newest and most technologically advanced,” says Seawell. “We can be growing romaine lettuce side by side with butter lettuce.”Īt present, Bowery has three facilities, in Kearny, NJ Nottingham, MD and Bethlehem, PA. In fact, the company is developing two different strawberry cultivars: a “garden” variety, offering the best of what cultivated strawberries can deliver, and a “wild” variety, using European seed-which would be impossible to grow outdoors in this country.Ĭentral to Bowery’s production is its intricate operating system, Seawell says, which “integrates sensors, vision systems, robotics” and can regulate the intensity of light and air flow. Ingredients include roasted chickpeas, pepitas, and parm crisps, but, Seawell stresses, the lettuce-Crispy Leaf, Bowery’s spin on iceberg-”is the hero.”Īs fast as salad kits are growing, they remain an “underdeveloped” category in the organics and CEA space, Seawell says.Īrugula is one important focus of current development efforts: Bowery’s research facility in Kearny, NJ, got “200 kinds of germ plasms from the University of Arkansas,” Seawell says.īowery is moving beyond leafy greens, Seawell adds: in March, it had a limited release of strawberries in New York. It’s recently entered new terrain in launching salad kits-“the fastest-growing segment” of the leafy greens industry, with a compound annual growth rate of 14 percent. “We’re collapsing the supply chain into a single site,” Seawell points out-a big advantage at a time when supply chains are looking very fragile.Ĭurrently, Bowery is focused on leafy greens. It’s “the new gold standard in produce,” Seawell says. Vertical farming has a huge amount to offer: it doesn’t need much land, water can be applied extremely efficiently, and pesticide-free produce can be delivered to market in 48 to 72 hours.
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