California Olive Ranch Gets $35M Investment
COR said it had received the largest investment ever for an American producer that will be used for research, expansion, and the implementation of environmental initiatives.
By JOANNE DRAWBAUGH on December 15, 2017
The equity investment of $35 million was made by what the company called “major US-based institutional and existing investors.” COR said the investment will help make American-made olive oil a player on the global stage.
This investment will accelerate the future of the American olive oil movement, innovate our sustainable harvesting methods and revolutionize our production technology.