KAL Kalera

US Foods Partners With Vertical Farming Innovator Kalera® to Expand Its Local and Sustainable Fresh Produce Portfolio

US Foods Partners With Vertical Farming Innovator Kalera® to Expand Its Local and Sustainable Fresh Produce Portfolio

National Vertical Farming Partnership for US Foods Brings Consistent Year-Round Availability of High-Quality Leafy Greens to Customers

ROSEMONT, Ill., May 18, 2022 (GLOBE NEWSWIRE) -- US Foods Holding Corp. (NYSE: USFD) today announced a strategic agreement with one of the world’s leading hydroponic indoor vertical farming companies. This is US Foods’ largest vertical farming relationship to date. The agreement underscores US Foods’ commitment to bringing foodservice operators a broad assortment of high-quality produce, year-round. It will also expand the portfolio of local farms that US Foods is sourcing from in various markets in support of its growing Serve Local program. As part of the agreement, Kalera and its wholly owned seed technology business , will work closely with US Foods to develop and launch new products to US Foods customers in markets across the country.

Kalera will bring consistently fresh, sustainable produce year-round to US Foods through its network of controlled environment, indoor farms. The innovative indoor farms use clean room technology, advanced proprietary equipment, and plant and seed science to provide a wide range of high-quality greens such as whole head lettuce, salad mix blends, microgreens, burger leaf toppers, and arugula with less water as compared to traditional field farming.

“Our agreement with Kalera will fundamentally change the manner in which vertical farmed products are made available to restaurants and other foodservice operators across our footprint,” said Josh Waters, senior vice president of produce category management for US Foods. “We are energized by the high-quality, sustainably grown, year-round offerings that will be available to US Foods customers in partnership with Kalera, and we look forward to continuing to grow our produce portfolio and partnering on new product offerings in the future.”

”US Foods and Kalera are helping to bring the future of farming to the foodservice industry today,” said Curtis McWilliams, Chairman-elect and former CEO of Kalera. “This relationship will help set a precedence for the foodservice industry by providing customers with accessible fresh produce all year-round thanks to US Foods.”

For Kalera, the partnership represents an opportunity to allocate up to 50% of its United States production capacity to the restaurant and food service industry. Kalera currently operates farms in the United States in Atlanta, Denver, Houston, and Orlando, as well as in Munich and Kuwait. The company also has five farms under construction in Seattle, Columbus, Ohio, Honolulu, St. Paul, Minn.; and Singapore.

About US Foods

With a promise to help its customers Make It, US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 restaurants and foodservice operators to help their businesses succeed. With 69 broadline locations and more than 80 cash and carry stores, US Foods and its 28,000 associates provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill. Visit  to learn more.

About US Foods Serve Local Program

US Foods launched the Serve Local program in 2018, in select markets to better connect US Foods customers with regional farmers, producers and/or manufacturers. Products offered through Serve Local are sourced within 400 miles from the location where US Foods ships the product or within the state from where US Foods ships the product.

About Kalera:

Kalera is a vertical farming company headquartered in Orlando, Florida. Kalera uses proprietary technology and plant and seed science to sustainably grow year-round, local, non-GMO leafy greens that are nutrient-rich. It has spent years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence capabilities. Kalera currently operates farms in the U.S. (Orlando, Atlanta, Houston, and Denver) as well as in Munich and Kuwait. Additional farms are in development. More information is available at .

US FOODS MEDIA CONTACT:

Sara Matheu

Director of Media Relations

773-580-3775

KALERA MEDIA CONTACT:

Kathleen Komarzec

616-916-4092

  


EN
18/05/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kalera

 PRESS RELEASE

KALERA PLC RECEIVES NOTICE OF DELISTING FROM NASDAQ

KALERA PLC RECEIVES NOTICE OF DELISTING FROM NASDAQ Orlando, Fla, April 10, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera PLC” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced that on April 6, 2023, it received a delisting notification from Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that Nasdaq would suspend trading of the Company’s common stock as of the opening of business on April 17, 2023. Nasdaq’s determination was based on the following: (i) Under Listing Rule 5101, the Company is a public s...

 PRESS RELEASE

KALERA PLC ANNOUNCES ITS WHOLLY-OWNED AND MAIN OPERATING SUBSIDIARY, K...

KALERA PLC ANNOUNCES ITS WHOLLY-OWNED AND MAIN OPERATING SUBSIDIARY, KALERA, INC., FILES FOR CHAPTER 11 PROTECTION TO PURSUE FINANCIAL AND OPERATIONAL REOGRANIZATION Kalera, Inc. Files for Protection under Chapter 11 to Explore Strategic Alternatives Kalera, Inc. Agrees to $5.1 million Debtor-in-Possession (DIP) Financing to Support Continuing of Operations During Proceedings Kalera, Inc. Will Continue to Operate Houston and Denver Facilities and These Will Continue to Serve Kalera’s Existing Customer Base Orlando, Fla, April 04, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (...

 PRESS RELEASE

KALERA PLC ANNOUNCES COMPLETING THE SEPARATION OF INTERNATIONAL ASSETS...

KALERA PLC ANNOUNCES COMPLETING THE SEPARATION OF INTERNATIONAL ASSETS ACCELERATING TRANSFORMATION Separation will advance transformation of Kalera into a pure-play U.S. vertical farming company positioned for long-term growth and shareholder value creation; Reinforces Kalera’s commitment to reduce cash burn and accelerate time to become a cash flow positive company in the U.S. Orlando, Fla, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, announced today that in the ...

 PRESS RELEASE

Kalera Outlines Additional Actions to Improve Profitability

Kalera Outlines Additional Actions to Improve Profitability Orlando, Fla, Jan. 13, 2023 (GLOBE NEWSWIRE) --  Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, provided an update on the steps it has taken and its plans going forward to achieve cash flow break-even by the end of fiscal year 2023. “I continue to be very pleased with the commercial side of our business, specifically sales and operations. Demand for our products is stronger than ever across all channels, and our facilities are operating bette...

 PRESS RELEASE

Kalera Shareholders Approve Reverse Stock Split

Kalera Shareholders Approve Reverse Stock Split Kalera ordinary shares expected to begin trading on a split-adjusted basis on December 23, 2022 Orlando, Florida, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced that shareholders approved a reverse stock split of its outstanding ordinary shares (the “Ordinary Shares”) at a ratio of 100-for-1. The reverse stock split will become effective today, December 23, 2022, and Ordinary Shares will begin trading o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch