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Saturday, October 5, 2024

ARKANSAS ECONOMIC DEVELOPMENT COMMISSION: Americold Announces $84 Million Investment with Expansion at Russellville Plant

Money 02

Arkansas Economic Development Commission issued the following announcement on Aug. 12.

Americold Realty Trust (Americold), a global leader in integrated temperature-controlled warehousing and transportation solutions for the food industry, will expand its operations in Russellville, Ark., investing approximately $84 million and creating 30 new jobs, the company announced.

“We are excited to expand our presence in the state of Arkansas,” stated Fred Boehler, President and Chief Executive Officer of Americold. “The Russellville facility will be highly automated to provide mission critical, long term infrastructure for one of our top tier strategic customers and one of North America's leading branded food companies.”

Americold has begun constructing a new 131,000-square-foot state-of-the-art cold storage and distribution facility at its existing Russellville site, which currently employs more than 70 full-time employees. The new facility will feature high-bay automation to maximize footprint efficiency and lower energy costs. With this expansion, Americold will add 13 million cubic feet to the facility, creating approximately 42,000 pallet positions for product storage. This facility will be built to suit the operational needs of one of Americold’s top-tier clients, Conagra Brands.

Original source can be found here.

Source: Arkansas Economic Development Commission

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