Farmmi USA Inc. Signs Lease for A New Warehouse in New Jersey

Farmmi (NASDAQ:FAMI) announced that its U.S. subsidiary, Farmmi USA Inc., has signed a lease for a new 183,000 square foot warehouse in Robbinsville, New Jersey.

Rhea-AI Summary

Farmmi (NASDAQ:FAMI) announced that its U.S. subsidiary, Farmmi USA Inc., has signed a lease for a new 183,000 square foot warehouse in Robbinsville, New Jersey. The facility, located at 3 Montgomery Way, will increase the company's total U.S. warehousing footprint to 640,000 square feet.

The company expects to take possession of the premises by September 1, 2025, or upon receiving a certificate of occupancy. This expansion aims to strengthen Farmmi's logistics and distribution capabilities in the U.S. market, improve supply chain efficiency, and enhance delivery speed while controlling costs across both East and West Coast operations.

Positive

• Expansion of U.S. warehousing footprint by 183,000 square feet to a total of 640,000 square feet
• Strategic location enhancement improving East and West Coast distribution capabilities
• Potential for improved operational efficiency and cost control through expanded logistics infrastructure

Negative

• Additional lease obligations and operational costs from new facility

Argus Aug 13 session

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News Market Reaction – FAMI

On Aug 13, the day this news came out, FAMI closed 7.86% above the previous close.

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LISHUI, China, Aug. 13, 2025 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI) today announced that its U.S. subsidiary, Farmmi USA Inc., has signed a lease agreement for a new warehouse located at 3 Montgomery Way, Robbinsville, New Jersey. The new warehouse spans approximately 183,000 square feet and will bring Farmmi USA Inc.'s total warehousing footprint in the U.S. to 640,000 square feet. The Company expects to take delivery of the leased premises by the later of September 1, 2025 or the date of receiving a certificate of occupancy.

This strategic expansion represents an important step in Farmmi's continued efforts to strengthen its logistics and distribution capabilities in the U.S. market. The new Robbinsville facility will support growing customer demand, facilitate the improvement of supply chain efficiency, and further enhance delivery speed and cost controls, helping to seamlessly integrate warehousing and logistics operations across both the East and West Coasts.

Ms. Yefang Zhang, Chairwoman and CEO of Farmmi, commented:
"Our continued investment in logistics infrastructure across the U.S. reflects our deep commitment to meeting the evolving needs of our customers. With the addition of this large-scale facility in Robbinsville, Farmmi USA Inc. will be equipped with even greater responsiveness and service capabilities, allowing us to better support growing demand. This expansion also aligns with our long-term strategy to strengthen our international presence and further enhance Farmmi's global competitiveness."

About Farmmi, Inc.
Founded in 1998, Farmmi, Inc. (Nasdaq: FAMI) is a China-based agricultural products supplier, specializing in the processing, marketing, wholesale and retail of edible fungi (including shiitake and wood ear mushrooms) and other agricultural products. The company serves global markets with quality products through its own distribution network. In 2024, the company started warehouse and logistics services in the U.S. to provide cargo transfer and bonded warehouses services. For more information, please visit Farmmi's official website at https://www.farmmi.com.

Forward-Looking Statements
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws.

Certain statements in this press release regarding the Company's future growth prospects are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to: our ability to secure financings on acceptable terms; fulfillment of customer orders; fluctuations in earnings; fluctuations in foreign exchange rates; our ability to manage growth; our ability to realize revenue from our expanded operations and acquisitions in China; our ability to attract and retain qualified professionals; customer concentration; concentration in certain market segments; regulatory and geopolitical risks, risks related to trade barriers, and other risks affecting our industry and general economic conditions.

Additional information regarding risks that may affect the Company's future operating results is included in filings with the U.S. Securities and Exchange Commission (SEC), which can be viewed at www.sec.gov. Farmmi may make additional written or oral forward-looking statements from time to time, including those contained in the Company's filings with the SEC and in shareholder reports. Please note that any forward-looking statements herein are made as of the date of this press release, and unless required by law, the Company undertakes no obligation to update or revise them.

For more information, please contact:

Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com 

View original content:https://www.prnewswire.com/news-releases/farmmi-usa-inc-signs-lease-for-a-new-warehouse-in-new-jersey-302527996.html

SOURCE Farmmi, Inc.

FAQ

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What is the size of Farmmi's new warehouse in New Jersey?

Farmmi USA Inc.'s new warehouse in Robbinsville, New Jersey spans 183,000 square feet.

When will Farmmi (FAMI) take possession of the new New Jersey warehouse?

Farmmi expects to take possession by September 1, 2025, or upon receiving a certificate of occupancy.

What is Farmmi's total warehouse space in the US after the New Jersey expansion?

After the New Jersey expansion, Farmmi's total U.S. warehousing footprint will reach 640,000 square feet.

Where is Farmmi's new warehouse located?

The new warehouse is located at 3 Montgomery Way, Robbinsville, New Jersey.

How will the new warehouse benefit Farmmi's operations?

The facility will improve supply chain efficiency, enhance delivery speed, strengthen logistics capabilities, and help control costs across both East and West Coast operations.