The indoor farming company that recently built a 3-acre warehouse in Pasco has secured $10 million in new funding from an existing investor and taken steps to reduce its debt, the company announced Aug. 4.
The Port of Pasco has selected the consultant that will help inform efforts to revitalize Connell’s economy after Lamb Weston closed its production facility there.
French fry producer Lamb Weston is beginning to see its financials turning a corner. But its corporate leaders acknowledge that they don’t anticipate smooth sailing just yet.
After Lamb Weston’s abrupt departure from Connell left hundreds unemployed and the city’s budget devastated, the community now may have a clearer path to bringing a new company to town.
A $100,000 state grant to study potential industrial sites in Connell may provide a path to economic sustainability for a community still dealing with the closure of its largest employer.
The company known for the branded Milky Way tankers seen on highways ferrying milk from dairies to processors is buying land near one of its biggest partners north of Pasco.