Friday, March 29, 2024

Affinor Growers Signs Commercialization Agreement With Britespan Building Systems for New Polycarbonate Greenhouse Structure

Affinor Growers Inc.is pleased to announce it has signed a commercialization agreement dated November 29, 2021 (the “Commercialization Agreement”) with Britespan Building Systems Inc. (“Britespan”), a private Ontario Corporation, to engineer and manufacture new polycarbonate greenhouses co-designed by Affinor and Britespan.

Also Read: Origin Agritech’s Next-Generation GMO Corn Trait Advances in Approval Process

Britespan currently designs, engineers, and manufactures prefabricated buildings in Canada and internationally. Affinor conceived the “Atlantis” greenhouse (the “Atlantis Greenhouse”) by adding a polycarbonate material to the outside surface of the Britespan building trusses, dramatically improving certain key performance characteristics of commercial greenhouse systems. The Atlantis Greenhouse optimally accommodates Affinor’s vertical growing technology and processes.

Pursuant to the terms and conditions of the Commercialization Agreement, Affinor will be the exclusive worldwide dealer of the Atlantis Greenhouse and Britespan will be the exclusive worldwide supplier of the Atlantis Greenhouse Structure for a term of ten years, with automatic 2-year renewals thereafter. Affinor and Britespan have joint right, title and interest in the Atlantis Greenhouse, including any enhancements, changes or improvements introduced by either party. Britespan has agreed to pay all costs required to design the Atlantis Greenhouse Structure, as well as prefabricate and manufacture the component parts. Affinor retains sole responsibility for ongoing servicing of contracts and relations of customers having purchased an Atlantis Greenhouse.

Affinor Growers and Britespan have also agreed to work together to manufacture the first full-scale demonstration greenhouse (the “Demonstration Greenhouse”), to be built adjacent to Affinor’s current lease location on Page Road in Abbotsford. Affinor is responsible for the operation of the Demonstration Greenhouse, including the collection and interpretation of data, and the reporting of the greenhouse performance. This data will form a basis by which Affinor and Britespan will price the Atlantis Greenhouse for commercial sale.

This agreement puts Affinor in a unique position of having complete, turnkey systems for vertical farming technology and processes. The greenhouse design is expected to be competitively priced and quick to build, with special characteristics to accommodate any climate. The Atlantis Greenhouse is a key component of Affinor’s 5-year scaleup and growth plan.

Subscribe Now

    Hot Topics