Vertical Cold Storage, a developer and operator of temperature-managed distribution facilities backed by staunch estate funding company Platform Ventures, has finalised the acquisition of the frozen distribution center from Dothan Warehouse Investors in Dothan, Alabama. Terms had been no longer disclosed.
“We are excited to add Dothan to our rising community of temperature-managed distribution facilities and are taking a detect ahead to partnering with them as we focal level on integrating the industry and serving our potentialities. Dothan is the third operation we’ve added to our community this twelve months and we are able to manufacture the twelve months with out a no longer as a lot as one, perchance two more,” acknowledged West Hutchison, President and CEO of Vertical Cold Storage.
The Dothan facility opened in April 2019 and is found come plenty of interstate highways. The first focal level of the distance is providing export services and products to native poultry producers nonetheless is nicely-suited to make stronger a substantial vary of temperature-managed distribution services and products. It has one-day birth service to ports in Florida, Alabama, Georgia and Louisiana, is USDA-licensed, and employs 40 paunchy-time team participants.