FlexCold plans to open its second U.S. cold storage facility, which will be built in Charleston, South Carolina, where the company’s headquarters are located. The new facility is expected to be operational by late summer 2024, FlexCold said.
The first facility, located in Jacksonville near the Jacksonville Port Authority, opened last year.
The Charleston facility represents a $50 million investment and will be strategically located within 30 minutes of the Port of Charleston, benefit customers and the overall supply chain, the company added. Operationally, the location will support critical import and export business, specifically seafood, blast freezing, USDA and FDA inspections, and a range of other services. FlexCold designed the facility from the ground up, leveraging its end-to-end expertise in modern infrastructure and storage densification to maximize efficiency.
The facility will offer more than 30,000 pallet positions of cold storage space.
“We are excited to keep growing the FlexCold business by establishing operations in strategic locations that are advantageous to today’s evolving food supply chain, such as this new planned facility for Charleston, which will support critical import and export business,” said Jeff Manno, FlexCold co-founder. “With a unique, expert-driven perspective on how to maximize efficiencies, supported with our people-centric culture, we can provide customers with unparalleled flexibility to meet their cold storage challenges today, and well into the future.”
The company said it will continue to expand, with additional facility announcements planned for later this year.