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AM Best Assigns Credit Ratings to Revol One Insurance Company

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Wednesday, March 27, 2024

Insurance, Professional Services, Risk management, Growth, ALL, News, Revol, Credit, AM Best, Good

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Revol One Insurance Company (Revol One Financial) (Spring Lake, MI, with administrative offices in Urbandale, IA).

Key Points:

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Revol One Insurance Company (Revol One Financial) (Spring Lake, MI, with administrative offices in Urbandale, IA).
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Revol Greens Further Expands Its New Texas Greenhouse Adding 10 Acres, Increasing Output By 50 Percent

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Thursday, November 16, 2023

TEMPLE, Texas , Nov. 16, 2023 /PRNewswire-PRWeb/ -- Today Revol Greens, a leading producer of high-quality, locally grown, greenhouse lettuce, announces the successful completion of a facility expansion to its Temple, TX greenhouse. The site's step-up to 20 acres scales the company's output to meet accelerated local Texas consumer demand for Revol Greens' fresh, greenhouse-grown organic baby leaf and romaine head lettuce programs. It marks a significant milestone in Revol Greens' commitment to serve Texas (and beyond) by product delivered from its greenhouse to local stores and restaurants within 24 – 48 hours of harvest to customers including Sprouts, Walmart, Target, Costco, Amazon Fresh, Aldi, US Foods, and United Supermarkets.

Key Points:

The site's step-up to 20 acres scales the company's output to meet accelerated local Texas consumer demand for Revol Greens' fresh, greenhouse-grown organic baby leaf and romaine head lettuce programs.
- Michael Wainscott, CEO of Revol Greens
"We are thrilled to share this exciting news with our customers and partners," said Michael Wainscott, CEO of Revol Greens.
Throughout 2023, Revol Greens has significantly expanded its romaine program and now Revol's romaine heads are sold in over 2,500 retail stores nationwide.
Revol Greens products can currently be found between $2.99-$3.99 retail in Walmart, Costco, Sam's Club, Amazon Fresh, Target, Sprouts, and United Supermarkets.

Revol Greens Partners With Blue Radix to Add Autonomous Growing To US Greenhouses

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Wednesday, November 30, 2022

AI, Food, Lettuce, Weather, Partnership, Social media, Herbicide, Flower, Temperature, Water, Intelligence, Humidity, Carbon dioxide, Algorithm, Agriculture, Renewable energy, Revol

AUSTIN, Texas, Nov. 30, 2022 /PRNewswire/ -- Revol Greens, the largest sustainable greenhouse lettuce grower in North America, has chosen Blue Radix, an independent Dutch autonomous growing specialist, to provide technology services to all of Revol's US-based greenhouses. Blue Radix will offer artificial intelligence technology and services for Revol Green's daily greenhouse operations including climate control, irrigation, and energy management. Revol Greens' investment in AI will increase crop yield levels and reduce energy costs, furthering its mission to grow lettuce and greens in a more sustainable way that is better for people and the planet. The two companies started their cooperation in April this year.

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AUSTIN, Texas, Nov. 30, 2022 /PRNewswire/ -- Revol Greens, the largest sustainable greenhouse lettuce grower in North America, has chosen Blue Radix, an independent Dutch autonomous growing specialist, to provide technology services to all of Revol's US-based greenhouses.
Blue Radix will offer artificial intelligence technology and services for Revol Green's daily greenhouse operations including climate control, irrigation, and energy management.
"We are very proud to be working with Revol Greens, one of the most forward-thinking lettuce companies in the US," says Ronald Hoek, CEO of Blue Radix.
Revol Greens' partnership with Blue Radix will allow Revol Greens to control production more precisely across multiple locations in Minnesota, California, Georgia, and Texas.

REVOL GREENS DOUBLES ITS SUSTAINABLE, GREENHOUSE-GROWN ROMAINE PRODUCTION CAPABILITIES

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Tuesday, October 11, 2022

Sprouts, Method, Clean Green Cayo, Club, Herbicide, Revol, Albertsons, Sam's Club, Nitrate, Target, INSV, Industry, Safeway, Water, Social media, Lettuce, Walmart, Agriculture, Costco

OWATONNA, Minn. , Oct. 11, 2022 /PRNewswire/ -- Revol Greens, the largest sustainable greenhouse lettuce grower in North America, has announced it will double its romaine lettuce production throughout the remainder of 2022 and into 2023. The notable increase in production is supported by Revol Greens' innovative indoor growing facilities in Minnesota, California, and Georgia, as well as a new 20-acre facility in Temple, Texas. Thanks to its Clean & Green® growing process and its protected growing environments, Revol Greens, which grows organic and conventional lettuce products and offers over 7 romaine products in both head lettuce and baby leaf product types, can produce fresh, delicious, and clean lettuce 365 days a year without the threat of recalls.

Key Points:

OWATONNA, Minn., Oct. 11, 2022 /PRNewswire/ -- Revol Greens , the largest sustainable greenhouse lettuce grower in North America, has announced it will double its romaine lettuce production throughout the remainder of 2022 and into 2023.
The notable increase in production is supported by Revol Greens' innovative indoor growing facilities in Minnesota, California, and Georgia, as well as a new 20-acre facility in Temple, Texas.
Revol Green's increase in romaine lettuce production is largely due to its new 20-acre advanced greenhouse in Temple, Texas that will produce upwards of 17 million pounds of greens annually upon phase 2 completion.
While doubling its romaine output, Revol Greens' indoor greenhouses continue to use significantly less water and land than field-grown lettuce.

Revol Greens Continues Expansion with New Texas Greenhouse

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Wednesday, July 20, 2022

CA, Knowledge, Water, Herbicide, Revol, Industry, Social media, Lettuce, Method, Dole Food Company, Phase 1, Warren Bishop, Growth, Farmer, Renewable energy, Agriculture

OWATONNA, Minn., July 20, 2022 /PRNewswire-PRWeb/ -- Revol Greens, the largest greenhouse lettuce grower in North America is moving full steam ahead with growth plans to continue meeting consumer demand as they prepare for the opening in Temple, TX, their largest facility to date. Planting within the first of 20 planned acres in Phase 1 of this new greenhouse is expected to start by the end of 2022. At scale, and coupled with existing capacity, the Texas facility will provide Revol Greens with nearly 50 acres of organic baby leaf production equaling over 25 million pounds of fresh product annually.

Key Points:

At scale, and coupled with existing capacity, the Texas facility will provide Revol Greens with nearly 50 acres of organic baby leaf production equaling over 25 million pounds of fresh product annually.
To further bolster the success of the new Texas facility, Revol Greens is investing in new talent with the recent addition of Warren Bishop, as the Director of Sales for the Texas region.
"We are focused on meeting the ever-increasing consumer demand for high-quality, sustainable, greenhouse-protected leafy greens", says Michael Wainscott, Chief Executive Officer of Revol Greens.
Revol Greens adopts the most advanced greenhouse technology and growing methods in the industry, including facilities that use 90 percent less water than traditional field-grown greens, irrigation from UV-sterilized water, and sustainable sunlight.

Revol Greens Pioneers in Selecting IUNU as Advanced Technology Partner to Drive Higher Yield, Sustainable Greenhouse Lettuce at Scale

Retrieved on:

Monday, June 20, 2022

OWATONNA, Minn., June 20, 2022 /PRNewswire-PRWeb/ -- Revol Greens, America's largest greenhouse lettuce grower, announced today that it has chosen IUNU as its technology partner to deliver a fully integrated approach of artificial intelligence, digital solutions, and automation at scale to meet rising consumer demand for greenhouse-grown leafy greens. Revol Greens is the only greenhouse operation to connect learned AI technologies with their proprietary organic cultivation program.

Key Points:

Revol Greens is the only greenhouse operation to connect learned AI technologies with their proprietary organic cultivation program.
As part of this commitment, Revol Greens is executing an ambitious digital strategy and quickly becoming the global leader in automated and advanced greenhouse operations.
IUNU's LUNA Platform is the most advanced horticultural platform on the market and helps greenhouse operators drive higher yields and produce better crops.
Revol Greens adopts the most advanced greenhouse technology and growing methods in the industry, including facilities that use 90 percent less water than traditional field-grown greens, irrigation from UV-sterilized water, and sustainable sunlight.

Revol Greens Acquires Living Fresh in Athens, Georgia

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Thursday, October 14, 2021

Sprouts, Lettuce, Technology, General manager, Butter, Mills, The Non-GMO Project, Whole Foods Market, Head, Bentley, Walmart, USDA, Revol, CEA, BJ, Research, Oil, Renewable energy, Agriculture

MINNEAPOLIS, Oct. 14, 2021 /PRNewswire-PRWeb/ -- North America's largest greenhouse lettuce grower, Revol Greens, has acquired BJ's Produce Inc, operating under the widely recognized Living Fresh brand, in Athens, Georgia, to establish its first East Coast greenhouse operation.

Key Points:

MINNEAPOLIS, Oct. 14, 2021 /PRNewswire-PRWeb/ -- North America's largest greenhouse lettuce grower, Revol Greens, has acquired BJ's Produce Inc, operating under the widely recognized Living Fresh brand, in Athens, Georgia, to establish its first East Coast greenhouse operation.
"Revol Greens is bringing a national presence to our local supply of Living Fresh branded fresh greens and will maintain the connections we've built with retail customers and consumers," says Mills.
Revol Greens already produces a vast array of product innovations, including Organic living head lettuces, Organic baby leaf blends, as well as the new Premium Organic Salad Kits.
To learn more about Revol Greens sustainable greenhouse technology and Grown Clean and Green process and find products, visit http://www.RevolGreens.com .

Revol Greens Expands to Temple, Texas

Retrieved on:

Tuesday, June 1, 2021

Revol, Vegetables, Greens, Leaf vegetable, Greenhouse, Green politics, Natural environment, Articles, Agriculture

TEMPLE, Texas, June 1, 2021 /PRNewswire/ -- Revol Greens , a Minnesota-based producer of greenhouse lettuce, has plans to locate a new a manufacturing operation in Temple, Texas.

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TEMPLE, Texas, June 1, 2021 /PRNewswire/ -- Revol Greens , a Minnesota-based producer of greenhouse lettuce, has plans to locate a new a manufacturing operation in Temple, Texas.
"We are thrilled to welcome Revol Greens to Temple," said Adrian Cannady, president and CEO of Temple Economic Development Corporation.
Applying advanced growing methods and greenhouse technology, Revol Greens uses 90% less water than traditional field-grown greens.
"Revol Greens selected Temple for our new facility in order to expand our production and distribution capabilities," said Mike Wainscott, CFO of Revol Greens.

Revol Greens Adds Chopped Romaine Program to Robust Greenhouse Lettuce Offering

Retrieved on:

Thursday, March 25, 2021

Leaf vegetables, Romaine, Lettuce, Revol, Leaf vegetable, Agronomy, Domesticated plants, Agriculture

We began the extensive research and development process into perfecting our greenhouse grown chopped romaine over three years ago so that we could provide this reliable romaine product for consumers and retailers," says Brendon Krieg co-founder of Revol Greens.

Key Points:

We began the extensive research and development process into perfecting our greenhouse grown chopped romaine over three years ago so that we could provide this reliable romaine product for consumers and retailers," says Brendon Krieg co-founder of Revol Greens.
Revol Green's non-GMO romaine is chopped, washed and blended with other fresh ingredients, including carrots and radicchio.
The three new SKU's join Revol Greens' existing romaine offerings, including Romaine Crunch (baby leaf romaine), Romaine Twins (two baby head lettuces) and other baby leaf blends.
Revol Greens is the largest greenhouse lettuce grower in North America and benefit corporation with facilities in Minnesota, California and Texas.

Revol Greens Innovates with Industry-First Plant-Based Nutrient Source and New Certified Organic Greenhouse Lettuce Line

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Wednesday, February 17, 2021

Songs, Articles, Earth sciences, Revol, Product certification, Organic food, Nutrient, Food, Heterotroph

OWATONNA, Minn., Feb. 17, 2021 /PRNewswire/ -- Revol Greens , the largest greenhouse lettuce grower in North America, announces another innovation with the rollout of a proprietary plant-based organic nutrient source that marks the next step in a nationwide organic greenhouse program.

Key Points:

OWATONNA, Minn., Feb. 17, 2021 /PRNewswire/ -- Revol Greens , the largest greenhouse lettuce grower in North America, announces another innovation with the rollout of a proprietary plant-based organic nutrient source that marks the next step in a nationwide organic greenhouse program.
"The path to organic is a natural evolution for Revol Greens," says Mark Schulze, CEO at Revol Greens.
As with all Revol Greens products, the new plant powered nutrient source and organic line are non-GMO.
Consumer interest in plant-based foods is at an all-time high, which further inspired the choice for Revol Greens to pursue an organic nutrient source.