PR Newswire | 739 days 21 hours 33 minutes ago
Whole Foods Market Provides $1 Million in Loans to Small-Scale Local Food Producers to Aid Growth
AUSTIN, Texas, Nov. 13 /PRNewswire-FirstCall/ -- Whole Foods Market, Inc.
"Local food growers and artisans have been vital to the success of Whole Foods Market during our 27 years in business. Today we are proud to emphasize our commitment to producers by announcing our first $1 million in financial support to 22 program participants," said John Mackey, Whole Foods Market CEO and co-founder. "We believe the Local Producer Loan Program can make a very significant difference in helping local agriculture grow and flourish, and $1 million in loans represents just the initial phase of our efforts."
The most recent loan recipient is Don Lunsford of 3L Farms in Durham, N.C. Lunsford worked as a golf course superintendent before deciding to return to his family's farming roots. In operation since 2002, Don is most proud of growing good quality and consistent products; he has dreams of expanding the business to include shiitake mushrooms and tomatoes. Named for the "3 Lunsfords" in the family, 3L Farms will use the loan money to build a greenhouse for hothouse tomatoes.
"I've never been able to obtain the finances to expand my small business until Whole Foods Market started this program," Lunsford said. "With the new greenhouses, my goal is to be into production with tomatoes by May of next year."
Whole Foods Market's Local Producer Loan Program aims to strengthen the company's partnership with independent and small-scale local growers and food artisans. The Company has committed $10 million annually to these low-interest loans. Loan recipients must meet Whole Foods Market's quality standards, use the funds for expansion, and have a viable business plan. Loan amounts are between $1,000 and $100,000 with low, fixed interest rates currently between 5% and 9%. Applications and additional information are available at http://www.wholefoodsmarket.com/loans.
About Whole Foods Market(R):
Founded in 1980 in Austin, Texas, Whole Foods Market (www.wholefoodsmarket.com) is the world's leading natural and organic foods supermarket and America's first national certified organic grocer. In fiscal year 2006, the company had sales of $5.6 billion and currently has more than 270 stores in the United States, Canada, and the United Kingdom. The Whole Foods Market motto, "Whole Foods, Whole People, Whole Planet"(TM) captures the company's mission to find success in customer satisfaction and wellness, employee excellence and happiness, enhanced shareholder value, community support and environmental improvement. Whole Foods Market, Fresh & Wild(TM), and Harry's Farmers Market(R) are trademarks owned by Whole Foods Market IP, LP. Wild Oats(R) and Capers Community Market(TM) are trademarks owned by Wild Marks, Inc. Whole Foods Market employs more than 50,000 Team Members and has been ranked for ten consecutive years as one of the "100 Best Companies to Work For" in America by FORTUNE magazine.
Fact Sheet
Local Producer Loan Program Recipients
Arizona
Laughing Giraffe Organics, Phoenix, AZ. This young, passionate
entrepreneur started his company making organic, raw, vegan,
gluten-free macaroons & granola. The loan is purchasing equipment
to aid expansion.
California
Dr. Melina, San Francisco, CA. Dr. Melina is a physician,
nutrition specialist, and board-certified internist specializing
in nutrition for weight loss and disease. The loan is being used
to produce her new nutritional protein bars.
Kombucha Botanica, Santa Cruz, CA. This maker of raw, organic,
Fair Trade, kosher kombucha will use his loan funds to add three
additional fermentation rooms.
Mudslinger's Freestyle, San Francisco, CA. A local ice cream shop
is expanding the retail distribution of is unique coconut-milk
based non-dairy desserts.
Revolution Foods, Emeryville, CA. This start-up is providing a
healthy alternative for schoolchildren with its retail line,
exclusive to Whole Foods Market.
Valley End Farm, Santa Rosa, CA. An organic family farm run by a
mother and her two children is installing improved irrigation
systems that reduce water waste.
Colorado
Full Circle Farms, Longmont, CO. This organic grower and
long-time Whole Foods supplier is building a refrigerated
produce-packing room and a concrete loading area with new material
handling equipment.
Haystack Mountain Goat Dairy, Boulder, CO. The goat cheese maker
is expanding its herd, building a nursery for the goat kids, and
upgrading its irrigation system.
Justin's Nut Butter, Boulder, CO. Loan funds will help this young
company expand its line of nut butter in single-serving packages.
MouCo Cheese, Fort Collins, CO. This husband-and-wife artisanal
cheese company is purchasing cheese-making forms and support
equipment.
Florida
Buzzn Bee, West Palm Beach, FL. This honey and bee product maker
is using the loan to purchase freezer units to expand its product
line.
Massachusetts
Old School Baking, Northampton, MA. The husband and wife who
started this artisanal bakery are using the funds for a
much-needed additional rack oven.
Missouri
Yummy's Choice, Kansas City, MO. This producer's Mediterranean
foods are a hit in Kansas City, and, thanks to the loan proceeds,
are available in Colorado.
New Mexico
Desert Blends of Taos, Taos, NM. The woman owning this small
business is purchasing equipment for in-house filling and packing
of her wild-crafted desert herb-infused bath and body products.
New Jersey
Upper Meadows Farm, Montague, NJ. This organic family farm has
been devoted to sustainable holistic agriculture since 1987 and
certified organic since 1991. The loan is helping to complete a
packing shed.
New York
Red Jacket Orchards, Geneva, NY. This third-generation family farm
has been producing fruit with passion and integrity since 1958.
They will use the loan funds to purchase high tunnels to protect
delicate crops from the elements.
Wine Cellar Sorbets, Brooklyn, NY. Two childhood friends from
Brooklyn are purchasing a batch freezer to allow more efficient
production of their tasty creations.
North Carolina
3L Farms, Durham, NC. This small producer has been providing
greenhouse lettuce to Whole Foods Market since 2002 and is using
his loan funds to expand into tomatoes.
Ohio
Mills Rest Ranch, Mt. Gilead, OH. The Mills family runs this small
farm/ranch producing primarily beef and poultry for farmers'
markets and local residents. The loan will enable them to build a
2-part poultry barn to increase their production of heritage
turkeys for Whole Foods Market.
Texas
Adams Blackland Prairie, Ladonia, TX. Wesley and Kelly Adams
operate a family farm where they raise pasture-fed beef, with
stress-reducing techniques and no hormones or antibiotics. They
will be purchasing young heifers with the loan funds.
Blumetti's Gourmet Foods, Dallas, TX. Jim Blumetti sells his
grandmother's Italian sauces, using 100 percent natural
ingredients and hand crafted in micro-batches. With the loan funds
he will be able to introduce three new flavors.
Holy Cow Beef, Graham, TX. Ann and Weldon Warren are new ranchers
who treat their animals and land well, using rotational grazing
and no pesticides. This loan will enable the purchase of
additional livestock.
Contact: Amy Schaefer
CONTACT: Contact: Amy Schaefer of Whole Foods Market, Inc.,
+1-512-542-0380,
Web site: http://www.wholefoodsmarket.com/
http://www.wholefoodsmarket.com/loans//
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