close
close

US Vital Farms announces new egg washing and packaging facility

US Vital Farms announces new egg washing and packaging facility

Vital Farms announced plans to build a new egg washing and packaging facility in Indiana.

“I am pleased to announce that we have signed an agreement to acquire land for a new state-of-the-art egg washing and packaging facility in southern Indiana. This strategic investment is part of our commitment to expansion and innovation and an integral part of our journey to achieve at least US$1 billion in annual net revenue by 2027,” said Russell Diez -Canseco, President and CEO of Vital Farms during its recent 2024 First Quarter Earnings Conference Call.

Diez-Canseco said the new plant will incorporate similar design principles as its Egg Central Station facility in Springfield, Missouri. The company anticipates that the new facility will initially be able to support 165 family farms and employ approximately 150 additional crew members.

Vital plans to break ground and begin construction in 2025, begin hiring employees in the summer of 2026, and be able to begin operations shortly thereafter. The producer expects the new plant to begin generating revenue in 2027 and could potentially add additional capacity thereafter.

“Our Egg Central Station team members will lead the way in bringing our new facility to life. They will create an important connection to the rigorous standards, deep institutional knowledge and execution excellence we have established in Springfield. This will also help us train and mentor our new workforce in Indiana,” he added.

“We are currently working with local Indiana stakeholders on an official announcement and will share the specific location of the new facility in the near future.”

Diez-Canseco explained that the new facility is a result of the company’s growing demand, profitable growth and plans to increase its commercial market share. Vital reported net revenue of US$147.9 million for the first fiscal quarter of 2024, a record for the company, according to its recent financial review.