Mexican high-tech greenhouse company Rising Farms has announced its latest expansion through the acquisition of a high-tech production facility in San Luis Potosí. With this addition, the company increases its installed capacity by 52% and integrates 350 new employees, bringing its total workforce to 900. Rising Farms now operates a total of 4.1 million square feet (38 hectares) of high-tech greenhouse space.
© Rising Farms
"With our third facility and first operation outside our home state, we strengthen our position in both the domestic and international markets. The location in San Luis Potosí provides logistical and climatic advantages that will support production and distribution efficiency for its hydroponic crops", shares Co-CEO Mauricio Ricaud. "This is an exciting challenge that we are eager to embrace, and we do so with great responsibility and commitment to our mission. A heartfelt thank you to everyone who has been part of this journey—our investors, colleagues, clients, and shareholders. Your support and dedication have made this possible."
Rising Farms specializes in controlled-environment agriculture, using technology that reduces water consumption to just 10% of traditional methods while achieving up to 30 times higher yields per square meter. The company maintains a focus on sustainability and skilled job creation, reporting a sustained annual growth rate of over 70% since its inception.
In 2023, the company fivefolded its acreage by expanding from 12 to 62 acres (25 hectares).
For more information:
Rising Farms
Pablo Ricaud, President
pra@risingfarms.co
www.risingfarms.co
.