Ocado invests in 'vertical farms' to grow produce near distributors
by Sarah Butler from Environment | The Guardian on (#4GWR6)
17m investment includes formation of venture to develop systems to sell to other retailers
Ocado is investing 17m in high-tech farming with the aim of growing herbs and other produce alongside its robot-run distribution centres around the world.
The online grocery specialist has bought a 58% stake in Jones Food, a "vertical farm" that grows 420 tonnes of basil, parsley and coriander a year in stacked trays under 12km (7.5 miles) of LED lights in a warehouse in Scunthorpe. The grower currently supplies businesses such as sandwich maker Greencore.
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