Catalyst-backed BrightFarms announced its fifth production greenhouse will be built in Abilene, Texas. The company has production facilities in Rochelle, Ill., Bucks County, Pa., and Culpepper County, Va. A Wilmington, Ohio, facility is scheduled to open in July.
Catalyst-backed Fusion Risk Management, Inc. announced the addition of two senior sales executives in the United Kingdom. Derek McGee and Laura Sloan joined Fusion this month as the company expands European operations to meet rapidly growing demand for its solutions.
Catalyst-backed WeddingWire WeddingWire, the global online leader connecting engaged couples with wedding professionals, launched its website in the United Kingdom, WeddingWire.co.uk.
Catalyst-backed BrightFarms Inc. broke ground in Wilmington on its first greenhouse farm in Ohio. The 120,000 square-foot farm will provide locally grown salad greens and herbs to supermarkets in the Dayton, Cincinnati and Columbus metro areas. The farm will create 30 permanent jobs, reduce the amount of miles food has to travel to consumers and improve the environmental impact of the food supply chain.
Fusion Risk Management, Inc., the leading provider of business continuity risk management software and services, has expanded its European presence to keep pace with rapidly growing market demand and to support engagement among its burgeoning community of enterprise customers in Europe.
Less than a year ago, Xplornet announced that it would invest at least $40 million in its new Cornwall operations. Cornwall was selected as the preferred location because of its strong local economy and the quality of its workforce.
Catalyst-backed Reputation Institute continues to build upon strong global growth and investments with the expansion of locations across the United States and the appointment of Sue Tobias, William Shifflett, Phil Fox and Ivan Rocabado as Vice Presidents and Consulting Directors to lead strategic hubs in Chicago, Atlanta and the West Coast.
Since last year, BrightFarms four-acre greenhouse south of Rochelle has been providing top quality fresh greens and herbs, along with tomatoes. The company grows 75 percent greens and 25 percent tomatoes in its hydroponic greenhouse and insists on being pesticide free.
Reputation Institute appointed Michele Tesoro-Tess to the leadership team as Executive Partner for North America. His appointment builds upon the acceleration of global growth for Reputation Institute.
Videology received an $80 million credit facility from lending and payment services provider FastPay and Tennenbaum Capital. Since its founding a decade ago, Videology has raised about $121 million in capital financing.