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May 9, 2024 · Alberta’s agriculture sector is growing with a $222-million investment from NewCold to develop its first Canadian facility in southern Alberta. “We’re thrilled to welcome NewCold to Coaldale and look forward to celebrating the grand opening of its brand-new, state-of-the-art, cold storage facility,” said Town of Coaldale Mayor, Jack Van ...
Apr 29, 2024 · The Government of Alberta has announced that a $222-million cold storage facility is being built in the town by NewCold, with construction to begin “almost immediately”. The facility will offer capacity for Alberta food processors to boost production.
Apr 29, 2024 · Netherlands-based NewCold is building a $222-million cold food storage facility in Coaldale, creating more than 50 permanent jobs in the southern Alberta town.
Apr 30, 2024 · NewCold identified Southern Alberta as an ideal location to support the growing food processing industry in the region with its highly automated cold store. The facility will create critical infrastructure to supply food across Canada, further enhancing the region’s growth as an agri-food corridor.
Mar 20, 2024 · In response to the slowly cooling demand for cold storage, recent trends in rental lease rates for facilities have somewhat stabilized from the increases witnessed throughout COVID. The sector should see continued growth over the short-term, with higher demand from Canada’s food and beverage sectors driving the growth.
Feb 23, 2022 · The pre-COVID Canadian cold storage landscape was growing, with trends in domestic and global food markets driving much of that demand. Since 2019, quick growth of the pharmaceutical industry and enhanced food safety standards have led to roughly 8% growth in capacity.
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Number of Partners (vendors): . By Arasu Kannagi Basil (Reuters) -Cold storage real estate investment trust Lineage said on Tuesday it was targeting a valuation of up to $19.16 billion in its U.S ...
