Edible Garden products come to Stop & Shop
Edible Garden, a subsidiary of Terra Tech Corp, is bringing its naturally grown living produce to Stop & Shop shelves.
The urban agricultural products will be hitting 182 Stop & Shop grocery stores in the Northeast, with the first order shipping Wednesday.
"This is a huge success, we have been working for close to a year to get our products into Stop & Shop," says Ken Vande Vrede, COO Terra Tech Corp. "So many retailers are now in support of local farmers, helping create local jobs, and investing in their local communities, which has led to rapid Edible Garden brand expansion. The division is now cash flow positive and we are excited that our fundamentals are beginning to shape up. "
Edible Garden also recently achieved organic certification and is actively pursuing additional retail partners to fill out their new 5-acre facility, as well as the facilities of their cultivation partners in Florida and the Midwest.
Eco Building Products lands in Tacoma
Eco Building Products has wrapped up a move from Salem, Oregon, to Tacoma, Washington, where it has established its largest facility.
With the Tacoma plant now producing Eco's highest output, the company is in a better position to penetrate the growing Western and Northeastern U.S. multi-family and single-family new home construction markets.
"Tacoma is positioned to provide western wood species coating for our Western customers as well as our customers in the Northeast because of its proximity to rail," said president and CEO Tom Comery. "Coupled with the newly acquired Augusta, GA facility, Tacoma rounds out our coating footprint to provide services in key high growth markets. We expect Tacoma to become our highest output facility and we have put a very talented team in place there, led by regional vice president, Nathaniel Bruce."
The Tacoma facility will produce all of Eco's core products, including Eco Red Shield, AFL (Advanced Framing Lumber); Eco FT (Fire Treated), Eco's Class 'A' Doug Fir studs; Eco Sill Plate and Eco Trim.
"Working with the Port has been a great experience," Bruce said. "They have been very accommodating of our planned need to expand. We were adamant that we have the facility laid out in a manner that when the time comes in early 2016 to add an automated line we can simply bolt it down and go. In addition, we have a paint line in the final stages of assembly and will have it up and running by the end of the summer as well. We are building an order file and actually coated our first orders last week. It is a very exciting time!"
Eco Building Products now has operations in three key market areas – the Pacific Northwest, the Southeast and the Northeast.
From high finance to Fortune’s board
Fortune Brands Home & Security, an industry-leading home and security product company, elected Susan Saltzbart Kilsby to its board of directors. She was elected by the board at its July 28, 2015, board meeting, and her position is effective immediately.
“We are excited to welcome Ms. Kilsby to Fortune Brands’ board of directors. She is a well-respected and accomplished global business leader who brings a wealth of experience to our organization,” said David Thomas, non-executive chairman, board of directors, Fortune Brands. “Her vast experience combined with deep industry knowledge is a true asset to help lead our organization towards continued success.”
Kilsby spent most of her career at Credit Suisse AG, holding a variety of senior positions, including managing director of European mergers and acquisitions of Credit Suisse and most recently serving as senior adviser until her retirement in May 2014.
Kilsby also worked in investment banking having held senior positions with The First Boston Corporation, Bankers Trust and Barclays de Zoete Wedd.