NewCold investing in Canadian food processing

Global automated warehouse and cold chain logistics provider, NewCold, has announced plans to invest $222 million (CND) into Canada’s agri-food sector.

With support from the  province of Alberta government, NewCold will expand into the southern Alberta community of Coaldale, creating a food storage facility that will build on the region’s strength as a food corridor.

“We recognise Alberta’s growing importance in North America’s food supply chain, so developing a facility in the province is a key part of our strategic global expansion,” said NewCold Founder and CEO, Bram Hage. “NewCold is committed to building a better food supply chain that is more resilient and efficient. Our new state-of-the-art facility will bring advanced food logistics to Alberta, ultimately helping our customers serve theirs and benefiting consumers.”

NewCold identified the area as an ideal location to support the growing food processing industry in the region with its  automated cold store. NewCold will also invest in improving Canadian Pacific Kansas City rail connectivity, to give businesses ready access to export products.

“Announcing our automated cold store in one of Canada’s largest and fastest-growing food production areas marks an exciting milestone of NewCold’s expansion in the North American market,” said NewCold Executive Vice President Commercial and Chairman in North America, Jonas Swarttouw. “We are grateful for the excellent collaboration from our Alberta and Coaldale partners in making this new advanced storage facility a reality.”

NewCold’s warehouse will use proprietary software and technology to ensure food safety and quality, while being 50 per cent more energy efficient than traditional cold stores. It is also poised to initiate construction, acquire equipment and start hiring immediately, with the goal of having more than 50 employees onsite by the end of 2026.

“Agriculture is a key industry for Alberta and NewCold’s investment is a win for both processors and producers,” said Alberta’s Minister of Agriculture and Irrigation, RJ Sigurdson. “This project is a welcome boost to our economy and will help cement Alberta’s position as a leader in agriculture and agri-food investment.”

In other news, Yusen Logistics has announced it has acquired a day and night automotive part distribution in western Europe.

Send this to a friend