Revol Greens has revealed 89 employees at its original greenhouse in Medford, Minn., could lose their jobs if the site isn’t sold or refinanced by Oct. 4, 2026 — the date the company says it will otherwise permanently close. The facility grows baby leaf greens and arugula, and was Revol’s first greenhouse when it opened in 2017.
The notice is conditional, not a confirmed shutdown. It follows a Sept. 2025 WARN notice covering the 42 remaining employees at the company’s Tehachapi, Calif., greenhouse (jobs had already been reduced from 142 in June 2025). The operation was shuttered last November in a move to concentrate Revol’s resources on its more profitable Texas, Georgia and Minnesota locations.
The California closure came after Revol’s largest shareholder, Equilibrium Capital, brought in Dutch greenhouse operator FoodVentures in 2024 to restructure Revol’s money-losing operating company. Only four years earlier, Equilibrium led a $68 million funding round, bringing Revol’s total funding to $215 million. The financing paid for development of the Texas facility and expansions in Minnesota and California.
FoodVentures CEO Dirk Aleven, who has also served as Revol’s president since January 2025, said previously California proved non-viable: high energy and labor costs, weak local sales, and the need to ship product nationally undercut the local-supply advantage central to controlled-environment agriculture. Equilibrium is now marketing for sale or lease the 62-acre Tehachapi site, which is comprsed of 14 acres of lighted lettuce production, 32 acres of semi-closed high-wire greenhouse, restorable acreage and a packhouse.
Revol’s changes follow a similar reckoning at Bushel Boy Farms, a longtime hydroponic tomato grower in Owatonna, Minn. In May 2025, it ceased operations at its Minnesota and Iowa greenhouses and sold its assets to a newly formed operator, Best Boy Farms.
