New Channels News In Brief…
Maryland-based MOM’s Organic Market has begun purchasing all power from a designated solar farm in Kingsville, Maryland. This 1.5-megawatt DC system is projected to output 2,124,000 kilowatts per year. MOM’s will purchase the entire system’s output for the next 20 years. The power generated by the solar farm will account for 25 percent of the total power needs of MOM’s stores in Washington, D.C., Maryland, Pennsylvania and Virginia. “Our 20-year agreement to purchase this solar array’s output signifies our dedication to renewable, clean energy,” says Scott Nash, founder and CEO of the family-owned and –operated company. “With expanding options for solar, we hope other businesses follow suit!”…
SC Johnson has signed an agreement to acquire Babyganics, a baby brand providing household and personal care products for the family. The Babyganics line includes skin, bath, oral and sun care, insect repellent, hand hygiene products, surface cleaners, laundry products, dish soaps, diapers and wipes…
L.A. Aloe LLC, maker of certified organic aloe water beverages called Aloe Gloe, has received an investment from the Venturing & Emerging Brands (VEB) unit of Coca-Cola Co. Aloe Gloe is certified organic, non-GMO, kosher and gluten free. It was introduced in 2012 and has had a two-year growth rate of 64 percent, according to Nielsen research. The idea for the product originated when co-founder Danny Stepper gashed open his forehead while surfing in Manhattan Beach, California. Stepper needed stitches; his doctor prescribed topical aloe vera and recommended that he also drink an aloe beverage. Stepper wasn’t satisfied with the options available. But Stepper and his business partners happened to be entrepreneurs who are veterans of the beverage business. They used their experience and expertise to create Aloe Gloe, which also is low in sugar and calories and sustainably produced.
