AppHarvest

AppHarvest.com

An innovative ag tech company in Kentucky building some of America’s largest indoor farms went public on Nasdaq Feb. 1.

Morehead-based AppHarvest rang the opening bell on Nasdaq virtually on Monday, and is trading under the new ticker symbol APPH.

The new publicly traded company was created when AppHarvest was  acquired by Novus Capital, a 'special purpose acquisition company' or SPAC.  

The goal of SPACs is to acquire private companies, allowing them to go public faster and with fewer regulatory hurdles than the standard Initial Public Offering, or IPO, process.


AppHarvest

An eastern Kentucky agritech company is breaking ground on a third greenhouse in the region after cutting the ribbon on one greenhouse and breaking ground on another last week. AppHarvest said Monday that the planned 15-acre facility in Berea will use recycled rainwater like the company’s other facilities.

The company recently cut the ribbon on a 2.76-million square foot greenhouse growing tomatoes in Morehead and broke ground on another similarly-sized greenhouse in Madison County. The facility near Berea will be used to produce leafy greens.

AppHarvest

An eastern Kentucky agritech company that is cutting the ribbon this week on a massive greenhouse in Morehead is also announcing construction of another large-scale greenhouse in the region. 

AppHarvest said in a release Tuesday that the second large-scale greenhouse will exceed more than 60 acres when completed in Madison County, south of Lexington. The company states the greenhouse would double AppHarvest’s growing space for fruits and vegetables, to go along with the company’s freshly-minted 2.76 million-square-foot greenhouse in Morehead.