Farmmi USA Inc. has leased a new 183,000 sq. ft. warehouse in New Jersey, increasing its total US warehousing space to 640,000 sq. ft. The expansion aims to enhance logistics and distribution capabilities across both East and West Coast operations. The new facility is expected to be operational by September 2025, improving supply chain efficiency and meeting growing customer demands.
Farmmi USA Inc., a subsidiary of Farmmi, Inc. (NASDAQ: FAMI), has signed a lease agreement for a new 183,000 square foot warehouse in Robbinsville, New Jersey. This expansion brings the company's total U.S. warehousing footprint to 640,000 square feet [1, 2, 3, 4]. The new facility, located at 3 Montgomery Way, is expected to be operational by September 2025 or upon receiving a certificate of occupancy [1, 2, 3, 4].
The strategic location of the Robbinsville facility aims to bolster Farmmi's logistics and distribution capabilities, improve supply chain efficiency, and enhance delivery speed across both East and West Coast operations [1, 2, 3, 4]. Ms. Yefang Zhang, Chairwoman and CEO of Farmmi, commented on the expansion: "Our continued investment in logistics infrastructure across the U.S. reflects our deep commitment to meeting the evolving needs of our customers. With the addition of this large-scale facility in Robbinsville, Farmmi USA Inc. will be equipped with even greater responsiveness and service capabilities, allowing us to better support growing demand. This expansion also aligns with our long-term strategy to strengthen our international presence and further enhance Farmmi's global competitiveness" [1, 2].
Farmmi, Inc., founded in 1998, specializes in the processing, marketing, wholesale, and retail of edible fungi and other agricultural products. The company serves global markets with quality products through its own distribution network. In 2024, Farmmi began offering warehouse and logistics services in the U.S., including cargo transfer and bonded warehouses [1, 2].
The expansion comes as Farmmi continues to invest in its logistics infrastructure to meet the growing demands of its customers and improve operational efficiency. The company's forward-looking statements, including those related to future growth prospects, are subject to risks and uncertainties, such as the ability to secure financings, fulfill customer orders, and manage growth [1, 2].
References:
[1] https://www.marketscreener.com/news/farmmi-usa-inc-signs-lease-for-a-new-warehouse-in-new-jersey-ce7c51dbdd8ef224
[2] https://www.ainvest.com/news/farmmi-expands-warehousing-footprint-640-000-sq-ft-2508/
[3] https://www.stocktitan.net/news/FAMI/farmmi-usa-inc-signs-lease-for-a-new-warehouse-in-new-259fsvk1z7kt.html
[4] https://www.prnewswire.com/news-releases/farmmi-usa-inc-signs-lease-for-a-new-warehouse-in-new-jersey-302527996.html
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