Walmart Inc. plans today to make Toronto, ON, and Atlanta two new Walmart Global Tech hubs because of their growing tech presence, connection to Walmart and broad and diverse local talent. The expansion is part of Walmart Global Tech’s plan to hire more than 5,000 associates globally this fiscal year.

With its headquarters situated in Secaucus, NJ, less than 20 miles from the Hunts Point Market, third-generation family-owned Maurice Auerbach Inc. enjoys decades of great relationships with many on the market.

“We have several customers at the market that we deal with on a daily basis,” said Bruce Klein, director of marketing for the company. “The Hunts Point Market is an avenue for us to get to the people we need, and the accounts on the market are very important to us as we have several large customers.”

D’Arrigo New York has a rich history as part of the Hunts Point Produce Market and is one of the most prominent produce players in New York state.

The company is situated on Row C, evolving from four stalls in 1948 to 36 stalls today. It also has a piece of property across the street, and another facility at 1303 Randall Avenue, about a half mile away. That added another 35,000 square feet additional to the 112,000 square feet it operates on the market.

The Hunts Point Produce market is on its way to being bigger and better than ever, thanks to an injection of $140 million courtesy of an economic recovery blueprint introduced by New York City Mayor Eric Adams.

Local Bounti Corp., an indoor agriculture company, has entered into a definitive agreement to acquire California-based complementary indoor farming company Hollandia Produce Group Inc., which operates under the name Pete's®, for total consideration of $122.5 million, subject to customary adjustments.  The transaction consideration will comprise $92.5 million in cash, expected to be provided pursuant to Local Bounti's existing lending facility with Cargill, and the remaining $30 million of consideration payab