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Americold Purchases East Point, GA Facility to Add Capacity in the US Southeast

ATLANTA, July 25, 2016 (GLOBE NEWSWIRE) -- Americold (www.americold.com), the global leader in temperature-controlled warehousing and logistics to the food industry, announced today that it has concluded the purchase of the temperature-controlled storage facility at 1239 Oakleigh Drive, East Point, GA, bolstering the company’s Georgia-based facility network to 15 and controlling more than 90 million cubic feet of capacity.

“We’re fortunate to be supporting some very successful food producers and retailers who are rapidly expanding throughout the Southeast. They needed additional, dedicated capacity and challenged us to become their provider of choice,” commented Fred Boehler, President and CEO of Americold. “The East Point site is centrally accessible within the Atlanta metro area and is a critical component of our Atlanta distribution strategy. It will complement our existing network very well.”

“The city of East Point, GA has a long standing tradition of being an active community regarding its citizens. The Americold facility purchase and subsequent hiring from the local community is a very exciting prospect for us,” remarked Maceo Rogers, Director of East Point’s Department of Economic Development.

The site is expected to add more than 60 new jobs as it ramps up operations during the second half of 2016.

“Logistics service providers and temperature-controlled warehousing companies in Georgia have access to a variety of competitive and strategic business advantages,” said Georgia Department of Economic Development Commissioner Chris Carr. “Companies like Americold reinforce Georgia’s reputation as a super-hub for cold-chain storage and transportation in the Southeast, and we look forward to supporting them in future growth.”

In the USA, Americold owns and operates more than 150 facilities in every major food production and consumption market across 35 states. With public refrigerated warehouses, port-specific facilities, customer-dedicated sites, managed facilities, and national less-than truckload and truck load transportation programs, Americold’s suite of temperature-controlled supply chain solutions for the food & beverage industry is unmatched in scale and scope, and supports the storage and distribution of products for local artisans, regional and national enterprises, and international organizations alike.

Terms of the sale were not made public.

About Americold

Americold is the global leader in temperature-controlled warehousing and logistics to the food industry, offering the most comprehensive warehousing, transportation and logistics solutions in the world. Based in Atlanta, Georgia, Americold owns and operates over 180 temperature-controlled warehouses, with more than 1 billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina and Canada. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers. Americold serves more than 3,000 customers and employs 11,000 associates worldwide.

More information about Americold is at www.americold.com.

Media contact: Daniel Cooke Director of Marketing Americold 10 Glenlake Parkway Atlanta, GA 30328 MediaRelations@americold.com

Source: Americold