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Farmmi, Inc. Announces Expansion into the U.S. East Coast Market with New Warehouse in New Jersey

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Farmmi (NASDAQ: FAMI) has announced a significant expansion of its U.S. operations with a new warehouse in Somerset, New Jersey. This strategic move extends the company's presence from the West Coast to the East Coast market. Farmmi USA Inc., the company's U.S. subsidiary, has secured a lease agreement for a facility at 1100 Randolph Road, situated within a multi-tenant industrial park.

The expansion aims to enhance warehousing capabilities, optimize logistics operations, and reduce delivery times for East Coast customers. CEO Yefang Zhang emphasized the company's commitment to optimizing their distribution network and providing high-quality agricultural products to their growing customer base.

Farmmi (NASDAQ: FAMI) ha annunciato una significativa espansione delle sue operazioni negli Stati Uniti con un nuovo magazzino a Somerset, nel New Jersey. Questa mossa strategica estende la presenza dell'azienda dal mercato della Costa Ovest a quello della Costa Est. Farmmi USA Inc., la filiale statunitense dell'azienda, ha ottenuto un contratto di locazione per una struttura situata al 1100 di Randolph Road, all'interno di un parco industriale multi-tenant.

L'espansione mira a migliorare le capacit脿 di stoccaggio, ottimizzare le operazioni logistiche e ridurre i tempi di consegna per i clienti della Costa Est. Il CEO Yefang Zhang ha sottolineato l'impegno dell'azienda a ottimizzare la propria rete di distribuzione e a fornire prodotti agricoli di alta qualit脿 alla propria crescente base di clienti.

Farmmi (NASDAQ: FAMI) ha anunciado una expansi贸n significativa de sus operaciones en EE. UU. con un nuevo almac茅n en Somerset, Nueva Jersey. Este movimiento estrat茅gico extiende la presencia de la empresa desde la Costa Oeste hasta el mercado de la Costa Este. Farmmi USA Inc., la subsidiaria estadounidense de la compa帽铆a, ha asegurado un contrato de arrendamiento para una instalaci贸n en 1100 Randolph Road, ubicada dentro de un parque industrial de varios inquilinos.

La expansi贸n tiene como objetivo mejorar las capacidades de almacenamiento, optimizar las operaciones log铆sticas y reducir los tiempos de entrega para los clientes de la Costa Este. El CEO Yefang Zhang enfatiz贸 el compromiso de la empresa con la optimizaci贸n de su red de distribuci贸n y la provisi贸n de productos agr铆colas de alta calidad a su creciente base de clientes.

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Farmmi (NASDAQ: FAMI) a annonc茅 une expansion significative de ses op茅rations aux 脡tats-Unis avec un nouvel entrep么t 脿 Somerset, dans le New Jersey. Ce mouvement strat茅gique 茅tend la pr茅sence de l'entreprise du march茅 de la c么te ouest au march茅 de la c么te est. Farmmi USA Inc., la filiale am茅ricaine de l'entreprise, a s茅curis茅 un contrat de location pour une installation situ茅e au 1100 Randolph Road, dans un parc industriel multi-locataires.

Cette expansion vise 脿 am茅liorer les capacit茅s d'entreposage, 脿 optimiser les op茅rations logistiques et 脿 r茅duire les d茅lais de livraison pour les clients de la c么te est. Le PDG Yefang Zhang a soulign茅 l'engagement de l'entreprise 脿 optimiser son r茅seau de distribution et 脿 fournir des produits agricoles de haute qualit茅 脿 sa client猫le en pleine croissance.

Farmmi (NASDAQ: FAMI) hat eine bedeutende Erweiterung seiner US-Operationen mit einem neuen Lagerhaus in Somerset, New Jersey, angek眉ndigt. Dieser strategische Schritt erweitert die Pr盲senz des Unternehmens vom Westk眉stenmarkt zum Ostk眉stenmarkt. Farmmi USA Inc., die US-Tochtergesellschaft des Unternehmens, hat einen Mietvertrag f眉r eine Einrichtung in der Randolph Road 1100, die sich innerhalb eines Mehrmieter-Industrieparks befindet, gesichert.

Die Expansion zielt darauf ab, die Lagerkapazit盲ten zu verbessern, die Logistikoperationen zu optimieren und die Lieferzeiten f眉r Kunden an der Ostk眉ste zu verk眉rzen. CEO Yefang Zhang betonte das Engagement des Unternehmens, sein Vertriebsnetz zu optimieren und hochwertige landwirtschaftliche Produkte an die wachsende Kundenbasis zu liefern.

Positive
  • Geographic expansion into East Coast market strengthens U.S. presence
  • Enhanced logistics capabilities and reduced delivery times
  • Improved operational efficiency through expanded warehouse network
Negative
  • None.

LISHUI, China, March 24, 2025 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI) today announced that the Company has expanded its U.S. logistics and warehousing operations to the East Coast market. This significant milestone marks the Company's business expansion from the West Coast to the East Coast, now covering a substantial portion of the U.S. market and laying a solid foundation for further expansion in the future.

Farmmi's U.S. subsidiary, Farmmi USA Inc., has signed a lease agreement for a new warehouse located at听1100 Randolph Road, Somerset, New Jersey. The warehouse is part of a multi-tenant industrial park, and this expansion will significantly enhance the Company's warehousing capabilities, optimize logistics operations, and shorten delivery times for customers in the East Coast region.

Ms. Yefang Zhang, CEO of the Company, stated, "As an agricultural products supplier and distribution logistics services provider, the company is committed to optimizing our distribution network and providing high-quality products to our growing customer base. The establishment of the New Jersey warehouse further strengthens Farmmi's competitiveness in the U.S. market, enhances operational efficiency, and advances our long-term strategic objectives."

About Farmmi Inc.

Founded in 1998, Farmmi, Inc. (NASDAQ: FAMI) is an agricultural product supplier specializing in the processing, sales, and retail of edible fungi, including shiitake mushrooms and black fungus, as well as other agricultural products. The Company supplies high-quality agricultural products to global markets through both online and offline channels. For more information, please visit Farmmi's official website.

Forward-Looking Statements

Nothing in this press release should be construed as an offer to buy or sell any securities. Such offers may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning the Company's future growth prospects constitute forward-looking statements听intended to comply with the "safe harbor" provisions of the听Private Securities Litigation Reform Act of 1995. These forward-looking statements involve various risks and uncertainties that may cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to, the Company's ability to secure financing under specific terms, order fulfillment, profit fluctuations, exchange rate fluctuations, the Company's ability to manage growth, the success of business expansion and asset acquisitions in China, the ability to attract and retain professional talent, customer concentration, industry segment concentration, and overall economic conditions affecting the industry. Additional risks that may affect the Company's future operational performance are detailed in the Company's filings with the U.S. Securities and Exchange Commission (SEC), which can be accessed at . Farmmi may from time to time issue additional forward-looking statements in written or oral form, including in documents filed with the SEC and reports to shareholders. Furthermore, please note that any forward-looking statements in this press release are based on assumptions that the Company believes to be reasonable as of the date of publication. Unless required by law, the Company does not undertake any obligation to update or revise its forward-looking statements.

For more information, please contact:

Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
[email protected]

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SOURCE Farmmi, Inc.

FAQ

Where is Farmmi's new East Coast warehouse located?

Farmmi's new East Coast warehouse is located at 1100 Randolph Road, Somerset, New Jersey.

What are the main benefits of FAMI's East Coast expansion?

The expansion enhances warehousing capabilities, optimizes logistics operations, and reduces delivery times for East Coast customers.

How will the New Jersey warehouse impact FAMI's U.S. market coverage?

The warehouse expands Farmmi's presence from West Coast to East Coast, covering a substantial portion of the U.S. market.

What is the strategic significance of FAMI's East Coast expansion?

It strengthens Farmmi's U.S. market competitiveness, enhances operational efficiency, and advances long-term strategic objectives.
Farmmi Inc

NASDAQ:FAMI

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2.00M
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Packaged Foods
Consumer Defensive
China
Lishui