

Montana-based Local Bounti paid $3.1 million for 28 acres at Oregon Avenue and A Street north of Big Pasco Industrial Park. The indoor ag startup raises lettuce and herbs in high-tech greenhouses.
Courtesy Local BountiAn indoor agriculture company with greenhouses in Pasco has secured an additional $15 million in financing as it looks to grow its operations.
Montana-based Local Bounti announced the new funding from one of its existing investors on March 17.
“We are pleased to continue to have the strong support of our financing partners as we execute on our growth strategy,” said Kathleen Valiasek, the company’s president and CEO, in a statement, adding that the new funding provides Local Bounti “with the financial flexibility to invest in our operations and drive long-term value creation.”
Local Bounti opened its Pasco facility in May 2024 and employs more than 40 people. It has seen regular growth in sales of its produce, which includes salad kits.
