Thanks to the last two years of meteoric growth in the green industries, many growers had a surplus to use on capital improvements. Continued labor shortages, input price increases and supply chain bottlenecks may have prevented some growers from doing all their planned projects. However, the high demand for plants coupled with the higher input costs pushed a lot of growers to raise prices, which also spurred companies to earmark money for projects and improvements.
In a move to increase efficiency and help produce a top-notch crop, some growers have already invested in LED technology. This year’s survey reveals LEDs are often the top choice for greenhouse production. And for those planning to complete capital investments, the majority are considering LEDs.
Explore the July 2022 Issue
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