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Indoor Farms of America Sales Exceed 2016 Total in First Four Months of 2017 as Growth Escalates


News provided by

Indoor Farms of America

May 23, 2017, 11:56 ET

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LAS VEGAS, May 23, 2017 /PRNewswire/ -- Indoor Farms of America is pleased to announce that sales through the first four months of 2017 have exceeded the entire year of 2016, when the company first sold its patented vertical aeroponic indoor farm equipment.

According to company CEO David Martin, "During 2016, our first year selling our equipment, we enjoyed what we consider a very solid year for launching our unique vertical farming equipment, and 2017 has already eclipsed that in dollar volume and diversity of farms being sold, built and delivered."

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Indoor Farms of America two story display at 2017 Indoor AgCon Las Vegas
Indoor Farms of America two story display at 2017 Indoor AgCon Las Vegas
GrowTruck Container Farm Display at 2017 Indoor AgCon Las Vegas
GrowTruck Container Farm Display at 2017 Indoor AgCon Las Vegas

The company sold numerous smaller farm packages and container farms during 2016, many of which were considered "pilot farms," to allow potentially large warehouse farm operators to get a feel for this amazing vertical equipment, prior to making larger commitments.

"We knew when we introduced the equipment throughout the previous year, it would somewhat be a year of "tire kickers," and we were overwhelmed at the positive response to our total farm solutions. Those tire kickers are now converting into sold larger farms, as we continue to see positive crop growing results by folks across the U.S. and in key international markets."

Indoor Farms of America spent several years designing and developing its patented ultra high yield vertical aeroponic equipment. The firm manufactures a robust line of aeroponic products, including the world's most productive containerized farms, for deployment in any area of the world that has real need for such a unique small farm platform that produces commercial quantities of fresh produce in an manner superior to any other container farm manufacturer. 

Other "turn-key" complete farm packages were specifically developed for fully scalable indoor farm applications to drive down initial capital costs as well as the ongoing operational costs. This focus combines to provide the operator with the single most cost-effective indoor agriculture equipment available in the world.

Ron Evans, company President, stated it this way: "We received numerous affirmations throughout 2016 from third party growers using our farm technology that it delivers on what we promise in overall farm performance. We are committed to the concept that if you are going to own and operate an indoor farm, it should provide you a very sound financial return."

"So many farm platforms that Ron and I analyzed in the early R&D phase back in 2013 and 2014, we believed were doomed to financial failure due to poor design with off the shelf 30 year old growing technology that was not innovative. We recognized that if those marginally profitable operators made errors in execution, they would not survive. It was our mandate internally to develop a complete farming solution that would transcend anything on the market, and we achieved that", stated Martin.

New sales by the company for 2017 to date include numerous locations around the U.S., as well as other countries, as the company continues on a path of rolling out the products in key markets that will benefit dramatically from truly locally grown fresh produce.

"We have sold our first farm for Alaska, destined for Juneau in the next couple months. As well, we have sold our first farm for the GCC region, destined for Dubai. This farm will change the landscape for food production in the Middle East." stated Martin. "Further developments include complete farms sold for multiple regions of Canada, including Alberta, Manitoba and Ontario provinces, and that region is about to explode with growth in the use of our farm solution."

Martin added, "We have sold our first large scale farm for Africa, destined for the country of Botswana.  We have had a farm in operation in Johannesburg for many months, and our distributor there reports how amazed potential customers are with the robust growing they experience with our vertical aeroponics platform."

The company has spent thousands of hours developing new crops beyond leafy greens. Evans stated: "Leafy greens were the easy part, and ours does that better than anything else. We have proven out growing of certain varieties of cherry tomatoes, strawberries, peppers, peas and beans for proteins, and we are now working on specialty root crops like heirloom carrots and baby potatoes. We know a well-rounded garden approach is what many folks want to see, not just leafy greens, and we are rapidly developing those for commercial scale."

Indoor Farms of America has a showroom with demonstration farms operating in Las Vegas, Nevada and in multiple locations in Canada, and in South Africa, where their patented vertical aeroponic equipment is on display and receiving amazing reviews by industry leaders.

CONTACT:
David W. Martin, CEO   •   [email protected]   •   IndoorFarmsAmerica.com
4000 W. Ali Baba Lane, Ste. F Las Vegas, NV 89118
(702) 664-1236  or (702) 606-2691

SOURCE Indoor Farms of America

Related Links

https://www.indoorfarmsamerica.com

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