Agribusiness: Colorado Greenhouse expands to New Mexico

FORT LUPTON — After tucking $30 million in sales under its belt in 1996, Colorado Greenhouse LLC will expand out-of-state for the first time as part of its plan to put an additional 40 acres under glass.

The company produces hydroponically raised tomatoes on approximately 70 acres under greenhouse and, “We sell out everything we’ve got, so that’s why we’re expanding,´ said A.E. Bridgwater, marketing director.

By the end of 1998, the expansion should bring in an additional $16 million to $17 million in annual sales, Bridgwater said, or more than a 50 percent increase over 1996 revenues.

Half of the 40-acre expansion…