Pasco won economic development gold in 2021 with Amazon and others. How it's paying off [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
If economic development were an Olympic sport, 2021 was Pasco's gold medal year. That's the year Amazon Inc., Darigold Inc. and Local Bounti Inc. all confirmed plans to collectively invest nearly $1 billion in new business facilities in Pasco, bringing the promise of jobs and new tax revenue. Three years later, the promises of 2021 are starting to bear fruit. Amazon ($250 million) and Local Bounti ($40 million) are operating in Pasco and Darigold ($600 million) is close behind, with plans to open in “the first part of 2025.” Amazon confirmed that one of the two warehouses constructed on its behalf near Sacajawea State Park began operating in late July, about a month after it began hiring 1,000-1,500 associates. “Yes, the site is partially open and in the early stages of operations. It takes a while for things to be fully operational and ready for visitors,” Leigh Anne Gullett, Amazon spokeswoman, told the Tri-City Herald. Don't expect to see the inside just yet: Amazon won'
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LOCL
News
- Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Local Bounti Announces Second Quarter 2024 Financial ResultsPR Newswire
- Local Bounti Now Shipping Product to Brookshire Grocery CompanyPR Newswire
- Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024PR Newswire
- Several Insiders Invested In Local Bounti Flagging Positive News [Yahoo! Finance]Yahoo! Finance
LOCL
Earnings
- 8/13/24 - Beat
LOCL
Sec Filings
- 8/13/24 - Form 10-Q
- 8/13/24 - Form 8-K
- LOCL's page on the SEC website