Newberry lands $75 million in AgTech investment

8 hours ago
By AI, Created 14:00 UTC, Oct 06, 2026, AGP -

Newberry, Florida, is drawing $75 million in public and private investment tied to a new industrial hydroponic greenhouse, infrastructure upgrades and an AgTech entrepreneurship push at its F-300 AgFoodTech Innovation Park. The project is expected to bring more than 55 jobs and strengthen North Central Florida’s emerging food-innovation corridor.

Why it matters: - Newberry is using a mix of private capital, state funding and education partnerships to position itself as an AgTech hub in rural North Central Florida. - The investments are expected to add high-wage jobs, improve local infrastructure and expand year-round food production capacity. - Harvest Singularity’s project is designed to use less water and land than conventional farming while producing leafy greens and soft fruits closer to Florida markets.

What happened: - Newberry marked a groundbreaking at its 170-acre F-300 AgFoodTech Innovation Park. - The event highlighted approximately $69 million from Harvest Singularity and a $5.6 million public infrastructure grant from the Governor of Florida. - U.S. Congresswoman Kat Cammack delivered the keynote at the ceremony. - The city also pointed to a collaboration with the National Association for Community College Entrepreneurship and a startup business accelerator as part of the park’s growth strategy.

The details: - Harvest Singularity, a Florida-based controlled environment agriculture company headquartered in Newberry, will build its first industrial-scale hydroponic greenhouse at the park. - The greenhouse will span 325,000 square feet. - The facility is expected to produce about 3.9 tons of premium leafy greens and soft fruits per day. - The greenhouse is expected to use about 2.8 MW of power, below the power demand of conventional cold-storage warehouse facilities that can require up to 10 MW. - The system is designed to support more than 20 harvests per year. - The project is designed to use up to 95% less water and about 94% less land than conventional farming. - The growing environment is designed to produce premium leafy greens and soft fruits without pesticides, herbicides or fungicides. - The first greenhouse is expected to create more than 55 full-time jobs with an average annual salary of about $91,000. - Harvest Singularity plans to build a network of 10 controlled-environment agriculture farm facilities in Florida. - The project site is near the University of Florida Institute of Food and Agricultural Sciences Alachua County Extension Office, which currently anchors the park. - The Florida Job Growth Grant will fund a roadway and utilities at the park. - NACCE selected Newberry for a pilot program that will support AgTech entrepreneurship among college students through an AI-powered entrepreneurship center. - The F-300 AgFoodTech Startup Business Accelerator graduated four companies from its Spring 2026 cohort.

Between the lines: - Newberry is pairing physical infrastructure with talent development, which suggests the city is trying to build a full AgTech ecosystem rather than attract a single project. - The park’s mix of greenhouse production, university links and startup programming could make it easier to recruit additional companies and workers. - Harvest Singularity’s expansion plan signals that Newberry may serve as a launch point for a broader Florida network. - Mayor Tim Marden said the city is building an agricultural innovation ecosystem with advanced technologies that modernize and strengthen production. - Charles A. Garza, CEO of Harvest Singularity, said the company wants to combine advanced greenhouse systems with Florida agriculture to produce fresh, high-quality food year-round while using land and water more efficiently. - Garza also said Newberry’s leadership, commitment to agricultural innovation and the resources around the park influenced the location decision. - Dr. Damian C. Adams, executive director of the UF/IFAS Office of Strategic Partnerships and Innovation, said the investment and grant are laying the groundwork to grow the AgTech sector in North Central Florida.

What's next: - Harvest Singularity is expected to move forward with construction of its first commercial greenhouse in Newberry. - Newberry will use the state grant to build the roadway and utilities needed for the park. - The city, UF/IFAS and education partners are expected to continue building the park’s innovation and workforce pipeline. - Harvest Singularity’s long-term Florida rollout will depend on execution at the first site and demand for additional facilities.

The bottom line: - Newberry is trying to turn a single greenhouse project into a broader AgTech cluster backed by public money, education partners and startup support.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Smart's Business Wire

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Smart's Business Wire

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.