The state is investing a lot of green — $3 million in financing — to get an indoor agriculture venture off the ground in Suffield.
Gov. Dannel P. Malloy announced Friday that Four Seasons Farm LLC, the project for which the state is providing financing, is expected to create 40 new jobs over the next two years. The money from the state Department of Economic and Community Development will be used to purchase equipment and machinery for the 10-acre indoor farm, which initially will grow millions of pounds tomatoes Although the farm will be located in northern Connecticut, one of the partners in the project is a well-known New Haven County farmer Joe Geremia, who runs seven acres of greenhouses in Wallingford, is one of three partners in the project. The other two partners are Henry Froese, a pioneer and expert in the building of greenhouse operations, and Herbert Soroca, chief executive officer of Stamford-based North Cove Capital Advisors, which works with emerging growth companies. Read more -
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