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New Hampshire Business Journal

Auction Announcement for North Country Growers Greenhouses

Location: 183 East Milan Road
Date & Time: October 28 at 11 a.m.


Background:

The North Country Growers greenhouse operations halted in March, leading to job losses and a disruption in fresh produce availability for local businesses. The facility was envisioned by Richard Rosen, CEO of American Ag Energy, as a source of good-paying jobs and year-round greens.

However, financial backing fell through, with Service Credit Union withdrawing its support for necessary operational funds.


Auction Details:

  • Auction Conducted By: Paul Mcinnis

  • Facility Overview:

    • 8-acre hydroponic greenhouse designed for growing lettuce
    • 2-acre work hall for germination, transplanting, harvest, and shipping
    • Plans for additional 2-acre tomato greenhouse on a 168-acre expansion site
    • Includes irrigation systems, water treatment, electrical systems, and cogeneration for energy needs
  • Bidders Notes:

    • Required deposit: $100,000 via certified check to participate in bidding
    • For property information and to schedule an inspection, contact Paul Mcinnis at paul@paulmcinnis.com or call (603) 964-1307.

Financial Agreement:

  • A payment-in-lieu-of-taxes (PILOT) plan was established with the city to span 20 years, starting at $100,000 by July 1, 2025.
  • Future payments scale based on greenhouse expansion, with significant increases projected by 2035.

This auction represents a significant opportunity for potential buyers interested in greenhouse production and expansion in the region.

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