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Buyer of former Iron Ox site in Lockhart on the hunt for tenants

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Buyer of former Iron Ox site in Lockhart on the hunt for tenants

The Evergen acquisition marks the latest development in the Iron Ox saga. Iron Ox opened its greenhouse to much fanfare in 2022 as it aimed to disrupt the produce market by growing, selling and manufacturing products indoors using robots. Despite raising nearly $100 million from investors, however, it had financial troubles and eventually laid off half its 100-person workforce in 2022. This article looks at what’s happening to its site. Opportunities for other businesses abound.