Investment in AppHarvest by JD Vance
JD Vance invested in AppHarvest, a high-tech farming startup in Eastern Kentucky, promoting it as a business that would help American communities. However, the company eventually declared bankruptcy after facing debt. Workers reported grueling conditions, lack of safety measures, and mistreatment. Vance's role in the company contradicted his image as a champion for the working class. The company faced multiple lawsuits and ultimately filed for bankruptcy.
Key Points
- Vance invested in AppHarvest for its potential to benefit American communities
- AppHarvest failed as a business and mistreated its workers
- Vance's involvement contradicted his image as a working-class champion
Pros
- Initial promise of high-tech farming future for Eastern Kentucky
- Creation of local jobs in economically distressed area
Cons
- Company declared bankruptcy
- Grueling working conditions reported by employees
- Allegations of mistreatment and lack of safety measures