Local Bounti announces two-year contract with multinational retailer

The company said it will supply its living butter lettuce to 13 of the retailer’s distribution centers.

Local Bounti
Local Bounti said it will provide a large multinational retailer with its living butter lettuce to 13 distribution centers for the retailer.
(Photo courtesy of Local Bounti)

Indoor agriculture company Local Bounti says it received a two-year award from a large multinational retailer to supply its living butter lettuce product to 13 of the retailer’s distribution centers.

Local Bounti will supply the living butter lettuce from its California and new Texas facilities, according to a news release, which did not identify the retailer.

“This new award with a large multinational retailer is a prime example of the demand for fresh, sustainable, locally grown produce and the unmet need for capacity that we are addressing with our expanded footprint across the southern U.S.,” Craig Hurlbert, CEO of Local Bounti, said in the release. “By methodically aligning our capacity with specific customer demand, we are able to offer unique and high-quality products that differentiate us in the market. Importantly, this award is the direct result of our customer-centric approach, ensuring that every capacity decision we make directly connects to and supports our retail partners’ needs.”

Local Bounti said this latest contract is the result of strategic discussions with existing customers and retail partners.

The Packer logo (567x120)
Related Stories
The Union City, Calif.-based company is eyeing a potential 50% boost in sales following the first acquisition in its 63-year history, a strategic expansion engineered to master the high-stakes world of just-in-time produce logistics.
Albertsons Cos. has launched the AI-powered Intelligent Quality Control tool that uses computer vision to help distribution center associates more accurately and consistently inspect fresh produce.
The International Fresh Produce Association event is set for May 21 in Yakima, Wash., offering a day of accessible leadership development focused on courage, clarity and authentic leadership for over 225 women in agriculture.
Read Next
Barbara Ruhs, director of nutrition affairs and communications for Pears USA, explains how the produce industry can use her “science sandwich” method to leverage viral TikTok movements and reach younger consumers to share the benefits of a diet rich in fresh produce.
Get Daily News
GET MARKET ALERTS
Get News & Markets App