Landec Corporation Extends Strategic Investment in Windset Farms For Five More Years
Landec Corporation (LNDC)
Last landec corporation earnings: 3/31 04:05 pm
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Source: GlobeNewswire
MENLO PARK, Calif., March 21, 2017 (GLOBE NEWSWIRE) -- Landec Corporation (NASDAQ:LNDC), a leading innovator of diversified health and wellness solutions within the natural packaged food and biomaterial markets, announced today that Apio, Inc., Landec’s packaged fresh vegetable subsidiary, and Windset Holdings 2010 Ltd. (“Windset”) have agreed to extend their relationship and Apio’s investment in Windset for five more years.“We are very excited about continuing our relationship and commitment to Windset,” commented Molly Hemmeter, Landec’s President and CEO. “Windset is one of the most advanced and highest yielding hydroponic greenhouse vegetable producers in North America, where the demand for hydroponic greenhouse grown produce is rapidly increasing. Since Apio’s initial investment six years ago, Windset has significantly grown its business as demand continues to outpace supply. With Windset’s high quality product offerings and continued growth plans, we believe that extending ou
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