The temperature-controlled warehousing and logistics services provider for the food industry will partner with Icelandic shipping company Eimskip to construct a new cold storage facility in Portland, Maine.
Refrigerated warehousing and logistics specialist Americold will construct a cold storage warehouse on the Portland, Maine waterfront to allow the port to compete with larger, more congested East Coast ports and to boost the state’s seafood, agriculture and food and beverage industries.
The Maine Port Authority announced Americold will develop the site, located adjacent to the International Marine Terminal, in conjunction with Icelandic shipping company Eimskip, according to a report in the Portland Press Herald. Eimskip will be an investor and the anchor tenant at the new facility.
The facility, which will be constructed on a 6.3-acre site, will be 150,000 square feet and have the capability to hold up to 15,000 pallets of goods with room for expansion.
Americold already operates a cold-storage warehouse in Portland and is currently evaluating whether or not it will keep it in operation.
Construction is scheduled to begin in the fourth quarter of 2016 and be completed in the third quarter of 2017. The cost for the new cold storage warehouse was not disclosed.