Irving-based Sow Good has expanded with a long-term lease for a new 324,000-square-foot production, packaging, and distribution facility in Dallas.
Sow Good, a trailblazer in the freeze-dried candy and treat industry, said the new facility is designed to dramatically boost its production capacity and accelerate its ability to meet “soaring demand” for its innovative freeze-dried treats.
“Securing the new Dallas facility marks a significant milestone in our expansion journey,” Sow Good Executive Chairman Ira Goldfarb said in a statement. “As the demand for freeze dried candy continues growing, we continue making bold, strategic investments to maintain our position as the category leader.”
“This enhanced capacity optimizes our raw material storage, product packaging, and overall operational efficiencies to fulfill the increased order volumes we receive,” he added. “This expansion also allows us to uphold our stringent food safety and quality standards while integrating more of our custom-built proprietary freeze driers and specialized packaging environments.”
Sow Good CEO Claudia Goldfarb (center in pink) and her husband, Executive Chairman Ira Goldfarb (beside her in light blue tie), ring the opening bell at Nasdaq May 20, 2024 [Photo: Nasdaq]
The Sow Good team recently celebrated its May 2 listing on Nasdaq under the ticker symbol SOWG by ringing the Nasdaq morning bell in New York City.
Office space included in new Dallas facility
The company’s new “state-of-the-art” facility in Dallas dedicates roughly 306,500 square feet of space to production, packaging, and distribution, while reserving 17,400 square feet for office space.
Sow Good said the new hub will streamline logistics and distribution, centralizing all future in-house production expansions. The company has already secured initial deposits for five cutting-edge freeze driers, with three of these scheduled to be operational within the next six months and the other two shortly thereafter, underscoring its commitment to maintaining its growth trajectory.
Sow Good said it plans to begin distribution from the new facility within the next month, initiate packaging operations within four months, and begin freeze-drying production within six months.
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R E A D N E X T
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Decades ago, Goldfarb's father rang the opening bell for his G-III Apparel Group, an American clothing company that designs, manufactures, markets, and sells women's and men's apparel with a global portfolio of licensed, owned, and private label brands. Today, the executive chairman of Irving-based Sow Good carried on the family tradition by ringing the opening bell at Nasdaq in New York's Times Square with Co-Founder and CEO Claudia Goldfarb and their team.
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Brendon Fischer has been appointed interim chief financial officer of Irving-based Sow Good Inc., a trailblazer in the freeze-dried candy and treat industry, following the resignation of former CFO, Keith Terreri. “Brendon has been instrumental as we continue progressing our strategic growth initiatives to meet the robust demand in the freeze-dried candy space,” Sow Good Executive Chairman Ira Goldfarb said in a statement. “With his existing knowledge of Sow Good’s business model and decades of financial experience, we are confident in his abilities to support us through this transition. We would like to thank Keith for his time at Sow…
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Irving-based freeze-dried candy and treat company Sow Good Inc., announced the appointment of Keith Terreri as permanent chief financial officer, beginning Dec. 4, and said it completed a $2.77 million private placement raised from 426,288 newly issued shares. The share price of $6.50 represents a 30% premium to Sow Good’s last equity raise in September 2023, the company said. The additional flexibility this raise provides will help it meet growing customer demand. Before joining Sow Good, Terreri was executive vice president of business operations at NEC Corp. of America in Irving. Previously, he spent eight years as NEC’s CFO, and…
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With Target and Cracker Barrel joining current retailers Hy-Vee, FYE, Big Lots, and Five Below, Irving-based Sow Good's freeze-dried candy sales continue to find sweet success. Next up: A new freeze-dried ice cream line is slated to launch in Q4 2023.
