Sow Good Signs Lease for New Distribution Facility in Dallas, Texas
29 Mayo 2024 - 3:30PM
Sow Good, Inc. (Nasdaq: SOWG) (“Sow Good” or “the Company”), a
trailblazer in the freeze-dried candy and treat industry, proudly
announces a major expansion with a long-term lease for a new
324,000 sq. ft. production facility in Dallas, Texas. This
strategic move is set to dramatically boost the Company’s
production capacity, accelerating Sow Good’s ability to meet the
soaring demand for its innovative freeze-dried treats.
The state-of-the-art Dallas facility dedicates
approximately 306,500 sq. ft. to production, packaging, and
distribution, while reserving 17,400 sq. ft. for office space. This
new hub will streamline logistics and distribution, centralizing
all future in-house production expansions. Sow Good has already
secured initial deposits for five cutting-edge freeze driers, with
three of these scheduled to be operational within the next six
months and the other two shortly thereafter, underscoring the
Company’s commitment to maintaining its growth trajectory.
“Securing the new Dallas facility marks a
significant milestone in our expansion journey,” stated Ira
Goldfarb, Executive Chairman of Sow Good. “As the demand for freeze
dried candy continues growing, we continue making bold, strategic
investments to maintain our position as the category leader. This
enhanced capacity optimizes our raw material storage, product
packaging, and overall operational efficiencies to fulfill the
increased order volumes we receive. This expansion also allows us
to uphold our stringent food safety and quality standards while
integrating more of our custom-built proprietary freeze driers and
specialized packaging environments.”
The Company plans to commence distribution from
the new facility within the next month, initiate packaging
operations within four months, and begin freeze-drying production
within six months.
About Sow Good Inc.Sow Good
Inc. is a trailblazing U.S.-based freeze dried candy and snack
manufacturer dedicated to providing consumers with innovative and
explosively flavorful freeze dried treats. Sow Good has harnessed
the power of our proprietary freeze-drying technology and
product-specialized manufacturing facility to transform traditional
candy into a novel and exciting everyday confectionaries
subcategory that we call freeze dried candy. Sow Good is dedicated
to building a company that creates good experiences for our
customers and growth for our investors and employees through our
core pillars: (i) innovation; (ii) scalability; (iii) manufacturing
excellence; (iv) meaningful employment opportunities; and (v) food
quality standards.
Sow Good Investor
Inquiries:Cody Slach or Jackie KeshnerGateway Group,
Inc.1-949-574-3860SOWG@gateway-grp.com
Sow Good Media Inquiries:Sow Good,
Inc.1-214-623-6055pr@sowginc.com
Sow Good (NASDAQ:SOWG)
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