Posts Tagged “Cold Storage Co.”
Produce related company acquisitions seem to pick up as the economy improves and here are just three examples of moves by operations on both coasts of the U.S. From Premier Citrus in Florida, to the Cold Storage Co. in Oregon and Volm Cos. in Washington state, expansions have occurred either through buy-outs are building new facilities.
Premier Citrus of Vero Beach, FL has acquired Greene River Marketing, also based in Vero Beach.
The acquisition allows Premier Citrus to expand its fruit volume and return marketing of its domestic fruit back in-house.
DNE World Fruit, of Ft. Pierce, FL was acquired in February by Wonderful Citrus, previously marketed Premier’s domestic fruit the past three seasons. Greene River will continue operating under the same name this season, but will eventually transition into part of Premier Citrus Marketing.
The purchase means Premier will be the largest domestic marketer in the Indian River growing region.
Oregon Cold Storage Opens
Cold Storage Co. of Salem, OR has opened its second facility in Salem., with 6 million cubic feet of new cold storage capacity. The 94-year-old, family-owned refrigerated warehousing company’s newest facility is in the Mill Creek Corporate Center in Salem. The cold storage is 176,000-square-feet. The 34-acre, 26,000-pallet operation will serve as a hub for food processors
With the second facility in Salem coming online, Henningsen now offers over 60 million total cubic feet of temperature controlled space in 11 facilities across the United States.
Washington Distribution Center Opens
Volm Cos. Inc., based in Antigo, WI, has opened a new 90,000-square-foot facility Pasco, WA. The new distribution facility is located less than two miles from the former location. The facility houses warehouse space for inventory, LENO manufacturing equipment, equipment and parts area as well as increased office space for the growing business. Volm came to the Tri-Cities area in 2007 through an acquisition.