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Indigo Ag, Inc. 2
Summary
Indigo Ag received a $150,000 cost reimbursement grant from EDGE as part of an incentive package that will assist the company in retrofitting of the company’s new headquarters at 175 Toyota Plaza in Memphis, TN. Indigo Ag will invest a total of $5.2 million in real and personal property at its location and retain 75 jobs and create 625 new jobs.Indigo improves grower profitability, environmental sustainability, and consumer health through the use of natural microbiology and digital technologies. Utilizing beneficial plant microbes and agronomic insights, Indigo works with growers to sustainably produce high quality harvests. The company then connects growers and buyers directly to bring these harvests to market. Working across the supply chain, Indigo is furthering its mission of harnessing nature to help farmers sustainably feed the planet.
Financing Amount:
$150,000
Projected Total Jobs:
700
Total Investment:
$5,214,088
Approved
12/19/2018