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- AgroFresh Solutions Inc (NASDAQ:AGFS) has launched a new global innovation center in Rancagua, Chile.
- The new center will be staffed by researchers and operations teams and will support growers, packers, shippers, and retailers throughout Latin America.
- The center will provide operational and technical support services and post-harvest solutions.
- In addition, the center will support the Control-Tec ECO application equipment, which has helped cherry customers in Chile reduce water usage by up to 60% during the packing process.
- The Rancagua global innovation center is one of AgroFresh's seven such centers on four continents in key fruit-growing regions.
- Price Action: AGFS shares are trading flat at $1.81 on the last check Tuesday.