Kingsville, ON – Mastronardi Produce envisions a new market in which to develop clusters of partnerships and controlled farming facilities, in its continued efforts to advance sustainable methods that meet the growing demand for fresh produce. The first of these efforts includes an agreement with investment firm AgriCapital Holdings Corp. to support the development of a new agropark in Panama.
“There is no doubt that we must respond to the growing concern of food insecurity, and environment-controlled agriculture is a prime solution that is poised for rapid growth,” said Dean Taylor, vice president of business development for Mastronardi Produce Ltd. âAs leaders in the industry, we are always looking for opportunities to deliver more sustainably grown produce to people in an efficient manner. This includes finding new markets and helping them grow with our support.
AgriCapital will draw on the knowledge and expertise of Mastronardi for the new Agropark Panama, which aims to be the first 100% clean energy agrological park in the world. The objective of the agropark is to provide state-of-the-art infrastructure to farms that wish to expand their cultivation activities, but face increasing limitations in the availability of labor for their agriculture-to-environment operations. control. The project will also help increase job creation in rural areas of Panama and Central America.
âWe couldn’t find a better advisor and ally for our project,â said Juan Carlos Mastellari, Managing Partner of AgriCapital Holdings. “We admire the Mastronardi team and the magic they have done with the Sunset brand.”
The company believes Panama is a market well prepared to meet growth expectations. Its geographic location, including the Panama Canal connectivity platform, means that goods can reach major markets in 4 days by sea, and as one of the fastest growing economies in Latin America, it already ships a large number of goods to the United States, including bananas. and pineapple.
About Mastronardi Produce Ltd.Â®
A pioneer and leader in the gourmet greenhouse industry, Mastronardi Produce grows and markets nationally recognized products under the SUNSETÂ®, Backyard FarmsÂ®, BerryWorldÂ® and Queen of GreensÂ® brands, including CampariÂ® tomatoes, Flavor BombsÂ® and Angel SweetÂ®. Mastronardi Produce has been family owned for over 70 years and takes pride in producing consistently tasty gourmet tomatoes, peppers, cucumbers, lettuce and berries.
About AgriCapital Holdings Corp.
AHC is a Panama-based business development and investment company that has caught the attention of leading private and multilateral investors and other strategic allies in the region to invest in agro-tech and agrology assets. AgroPark Panama will be a high-tech environment-controlled agricultural asset that aims to become a strategically located part of the solution to the global food challenges our world will face over the next 30 years.