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Benzinga
Benzinga
Business
Shivani Kumaresan

AgroFresh Opens New Innovation Center In Chile

  • AgroFresh Solutions Inc (NASDAQ:AGFS) has launched a new global innovation center in Rancagua, Chile.
  • The new center will be staffed by researchers and operations teams and will support growers, packers, shippers, and retailers throughout Latin America.
  • The center will provide operational and technical support services and post-harvest solutions.
  • In addition, the center will support the Control-Tec ECO application equipment, which has helped cherry customers in Chile reduce water usage by up to 60% during the packing process.
  • The Rancagua global innovation center is one of AgroFresh's seven such centers on four continents in key fruit-growing regions.
  • Price Action: AGFS shares are trading flat at $1.81 on the last check Tuesday.
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