Originally posted by Red Baron
The Freshero update was quite enlightening.
Their web site states they will utilise land owned by the major retailer.
RGI's Qtly states Freshero will expand their trials at a showroom & research facility they are currently sourcing in NSW and that the same location will be used for their first commercial operation in 2H of 2019.
Very good they are sourcing a facility & wont be building one from scratch. Again very good the trials are going better than expected. Even better they will be establishing their 1st commercial operation later this year. Remember they are supplying a major Australian supermarket & the 1st facility is in NSW. Now you don't do this small scale, if Gibio are using 420 8' machines (equivalent of 840 4' machines) to supply one product line to Quebec city (population < 1m ) how many would Freshero need to supply several lines to Sydney - population > 4m?
