Cold storage facility owner and operator Americold Realty Trust (NYSE: COLD) announced it has resumed construction on its New Zealand expansion project.
The company plans to spend approximately 65 million New Zealand dollars (U.S. $41.9 million) on the Auckland infrastructure project, which will add 4.6 million cubic feet and 27,000 pallet positions to the facility.
“We are excited to move forward on this opportunity to grow with our customers in this dynamic market. With this expansion,...
https://www.freightwaves.com/news/americold-moving-forward-with-new-zealand-expansion