RICHMOND, VA (STL.News) Governor Ralph Northam today announced that Beanstalk, an indoor vertical farming start-up, will create 29 new jobs and invest more than $2 million to significantly expand production and relocate within Fairfax County. The company’s new facility will produce a variety of pesticide-free leafy greens and specialty herbs year-round using proprietary hydroponic growing technology, achieving annual sales of over $5 million in the next three years. Beanstalk sells its fresh salad mixes and fresh-cut herbs through national grocery retailers, Northern Virginia farmers markets, and in its on-site retail store.
“Fairfax County is the perfect place for a startup like Beanstalk to put down roots and grow their company,” said Governor Northam. “We are pleased to support a project that blends agriculture, Virginia’s oldest and largest industry, with technology, one of the fastest-growing sectors of our economy. Innovative entrepreneurs like Mike and Jack Ross are demonstrating how STEM fields can help cultivate new techniques like hydroponics that make fresh produce more accessible.”
Beanstalk is a sustainable farming company that focuses on agricultural innovations with a mission to grow the world’s consumption of fresh produce. Founders and Alexandria natives, Mike and Jack Ross have notable engineering experience and a keen interest in the local food movement and solving problems of the modern food system.