Post Harvest Technologies, Inc

PHT, Inc. is a Delaware C-Corporation owned by PHT Holdings, LLC. PHT, Inc. owns four portfolio companies: Central Coast Cooling, LLC, PHT Investment Group, LLC, PHT Development Group, LLC and Facilities Management Group, LLC.

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Historical Roots

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PHT Inc. Inception

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PHT Inc. Growth

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PHT Inc. Transition

pht, Inc.

Historical Roots

Our roots date back to 1936 when the original founders of Growers Ice Company (GIC) established this innovative business to service the fresh produce industry in the Salinas Valley.

The GIC founders became pioneers of the industry, and were instrumental in Salinas becoming the “salad bowl” of the United States.

By the end of World War I, the “green gold” growing in the fields helped make Salinas one of the wealthiest cities (per capita) in the United States.

The name “iceberg lettuce” was coined in the 1930’s when train cars full of lettuce were shipped cross country using ice produced at the GIC facility. Today, Salinas fuels a $2 billion Ag industry which supplies 80% of the country’s lettuce.

PHT, INC.

Inception

Post Harvest Technologies, Inc. (PHT), a California Corporation, was originally formed on May 25, 1989 with the mission to manufacture pre- and post-cooling equipment. PHT was a manufacturer for many companies in the agriculture industry, as well as Growers Ice Company.

Over a quarter of a century, PHT, Inc.’s story has been about a commitment to putting clients first, innovative thinking, passion for performance and a remarkable collaboration.

pht, Inc.

Growth

PHT, Inc. hit their growth phase and expanded their manufacturing capabilities. They began establishing their position in the market as a leading manufacturing company for innovative, pre- and post-harvest equipment in the Ag Tech industry.

PHT, Inc. also continued their commitment as the exclusive manufacturer for GIC, substantially growing their pre- and post-cooling inventory.

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Transition

On July 27, 2017, a new Delaware C-Corp was formed, which operates currently as Post Harvest Technologies, Inc.

PHT, Inc. is now 100% owned by PHT Holdings, LLC and has reestablished the brand identity as a management, investment and consulting company. Through a strategic reorganization in 2018, GIC transferred its ownership of Growers Custom Equipment, LLC (GCE) and Central Coast Cooling, LLC (CCC) to PHT, Inc.

PHT, Inc. established a qualified opportunity fund, PHT Opportunity Fund LP, on February 6, 2019. The Fund was converted to a Limited Partnership on February 27, 2020. PHT, Inc. formed the General Partner of the Fund, PHT OF GP, LLC on February 27, 2020, and subsequently changed the General Partner’s name to PHT Investment Group LLC on June 4, 2021.

PHT, Inc. created a conventional investment fund on June 4, 2021 called PHT Growth Fund LP. The General Partner for PHT Growth Fund LP is also PHT Investment Group LLC. PHT, Inc. owns 100% of PHT Investment Group LLC, which controls both PHT Opportunity Fund LP and PHT Growth Fund LP as each fund’s General Partner.

Facilities Management Group LLC (FMG), was established in May 2021. Its purpose is to be a pure contracting and consulting company, working with customers and clients to manage and service facilities and precooling equipment for the cold storage industry.

Our Team

Jim White, PhD

President & CEO

Dr. Jim White is Chairman and CEO of Post Harvest Technologies, Inc. and Growers Ice Company, Inc., Founder and CEO of PHT Opportunity Fund LP and PHT Investment Group LLC, and Founder and President of JL White International, LLC. He is the author of several acclaimed books, including the first published book on Qualified Opportunity Funds: Opportunity Investing: How to Revitalize Urban and Rural Communities with Opportunity Funds.

Dr. White achieved international recognition as CEO of Blount World Trade Corporation, Owner and Managing Director of ACEC Centrifugal Pumps NV, Belgium, and as Vice President and Division Manager of Ingersoll Rand Equipment Corporation. Throughout his 40+ year career, he has bought, expanded, and sold 23 companies, operating in 44 countries. Dr. White acquires struggling businesses to revive and develop them into profitable enterprises using his business turnaround strategy. In addition to turning around struggling businesses, Dr. White has worked on dozens of industrial and commercial real estate development and Design-Build projects, infrastructure projects, as well as mining, power, oil & gas, agriculture, and manufacturing projects. To date, Dr. White has generated more than $1.8 billion in revenue. Dr. White holds a B.S. in civil engineering, an MBA, and a doctorate in psychology and organizational behavior.

Jakob Levison

Senior Associate

Jakob Levison is a Senior Associate overseeing PHT Investment Group’s Business Development and Investor Relations efforts, responsible for equity raising, new business generation, leasing and marketing, and relationship management with current and prospective investors in PHT Funds and Joint Ventures. Prior to joining PHT Investment Group, Jakob worked at Morgan Stanley Wealth Management, M&T Bank’s Management Development Program, and most recently Blockworks – a fast-growing startup at the intersection of finance and digital assets. Jakob received his B.A. in Philosophy, Politics, and Economics (PPE) with a concentration in Choice and Behavior from the University of Pennsylvania.

Scott Klein

Director of External Affairs

Scott Klein is a well-regarded community activist and entrepreneur. Scott is a published author who hosts the popular “Get Down to Business” radio show in Chicago and serves as an Officer in the US Army Reserves, as well as the Chairman of the Village of Skokie Economic Development Commission. Scott holds a doctorate in educational leadership and a master’s degree in non-profit management. He is an active leader for the Employer Support of the Guard and Reserve (ESGR). As Director of External Affairs, Scott brings his extensive community relations, communications and management experience to PHT’s portfolio to drive awareness and growth.

Nick Stoll

Chief Administrative Officer

Nick Stoll is the Chief Administrative Officer of Post Harvest Technologies (PHT). He oversees the financial and business operations that support our business strategy, and is responsible for finance, controllership and corporate development and strategy, in addition to creating goals, policies, and procedures for efficiency and compliance.

For the last 18 years, Nick was the Controller for various businesses including Growers Ice Company (affiliate of PHT), New Leaf Community Markets (Division of New Seasons), Prescience International (acquired by Johnson and Johnson), and Multigig, Inc (acquired by Analog Devices).

In the first 11 years of his career Nick lived and led businesses in Spain. He holds a Masters in Finance and a Masters in Management of Technology from Golden Gate University, and he received his Bachelor’s degree from the University of California, Davis. Nick played football and rugby at UC Davis, currently referees Junior College football, and regularly travels to Europe to visit his grown children.