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Devens produce grower Little Leaf Farms on Wednesday said it has received $38 million in financing from Bank of America, as it plans expansions in Devens, Pennsylvania and North Carolina.
Founded four years ago when the first truck shipped fresh baby greens to New England supermarkets, today, Little Leaf produces 1 million boxes of greenhouse-grown baby green lettuce monthly for every major supermarket chain in New England usually within 24 hours year-round, the company said.
As a result, founder and CEO Paul Sellew said he expects to double the farm’s growing capacity to 10 acres in Devens and expand distribution to New York and New Jersey’s major supermarket chains in May.
Little Leaf Farms plans to break ground in Eastern Pennsylvania on a 20-acre greenhouse to supply stores locally, followed by another 20-acre site in North Carolina to extend distribution of its locally-grown lettuce.
Sellow said each acre of greenhouse will yield 25 times that of lettuce grown on an outdoor farm.
“We know there is tremendous opportunity to expand to new geographies and feed families, a fresher, cleaner, more nutritious lettuce than what they can buy today,” Sellew said in a statement.
Great news! By far the best, freshest lettuce available on the market.
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