Business
Vital Farms is Building Its Next World Class Egg Washing and Packing Facility in Seymour, Indiana
Second facility opening in 2027 will support family farmers, create new jobs and is a critical part of brand’s journey to achieve at least $1 billion in
About this update from Vital Farms, Inc.
[{"type":"text","content":"Second facility opening in 2027 will support family farmers, create new jobs and is a critical part of brand’s journey to achieve at least $1 billion in annual net revenue by 2027\nAUSTIN, Texas, June 26, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today has announced plans to expand its resilient supply chain with a second world-class egg washing and packing facility located in Seymour, Indiana. The 72-acre future home of Egg Central Station (ECS) Seymour will build upon key successes from the brand’s first facility in Springfield, Missouri. The new facility will enable Vital Farms to continue growing its pasture-raised egg business, create 150+ jobs for the Seymour community in its first phase, and is expected to help generate over $350 million in additional revenue for the brand as we push to our 2027 target of $1 billion in company revenues. Putting down roots in Seymour for Vital Farms’ second facility allows the brand to continue to expand its strong network of more than 300 family farms to support new farm development within a day’s drive of the new facility. Vital Farms expects this new facility, in its first phase, will support approximately 165 family farmers producing the leading U.S. brand of pasture-raised eggs by retail dollar sales. “This is an exciting milestone for Vital Farms. We continue to invest in our robust and resilient supply chain to expand our network of family farmers and continue our mission to bring ethical food to the table,” said Russell Diez-Canseco, President and CEO, Vital Farms. “We are grateful for the outpouring of support we’ve received from the City of Seymour, Jackson County Industrial Development Corporation and Indiana Economic Development Corporation, and we look forward to deepening our relationship and building an even stronger connection to Southern Indiana and its surrounding communities in the years ahead.” “Indiana boasts a rich tradition of agriculture – one that continues to grow and evolve thanks to the vision and commitment of companies like Vital Farms,” said Ann Lathrop, chief strategy officer at the Indiana Economic Development Corporation (IEDC). “This investment will not only result in increased economic activity – bolstering a statewide ecosystem that generates $4.6 billion in...