Key Takeaways
- Edible Garden received a $2.66 million incentive package from the Iowa Economic Development Authority to redevelop the former National Shrimp facility in Webster City, Iowa.
- The 400,000-square-foot facility will be converted into a high-capacity, automated production plant for shelf-stable ready-to-drink nutritional beverages.
- At full capacity, the facility is expected to produce more than 100 million RTD beverage units annually, supporting the company's Farm to Formula strategy.
- The project transforms Edible Garden's capabilities beyond cultivation into value-added food and beverage manufacturing using sustainable production methods.
- Jim Kras serves as Chief Executive Officer of Edible Garden, while Margaret Riter holds the position of Managing Principal at Steadfast City.
Edible Garden Expands into Beverage Manufacturing
Edible Garden AG Incorporated announced the strategic redevelopment of a former aquaculture facility in Webster City, Iowa, into a large-scale ready-to-drink beverage production hub. The controlled environment agriculture company received approval for a $2.66 million incentive package from the Iowa Economic Development Authority to support this expansion.
The 400,000-square-foot facility, previously operated as the National Shrimp facility, will undergo conversion into a high-capacity, automated production plant. The transformation extends the company's vertically integrated capabilities beyond cultivation into value-added food and beverage manufacturing.
Production Capacity and Technology Focus
The facility will concentrate on producing shelf-stable, plant- and dairy-based protein beverages using advanced precision processing, automation, and sustainable production methods. At full capacity, the plant expects to manufacture more than 100 million RTD beverage units annually, positioning the company to capitalize on the expanding functional and clean nutrition beverage market.
