Americold Realty Trust Announces Grand Opening of Its Middleborough, MA Facility in Partnership With Ocean Spray


ATLANTA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE:COLD), the world’s largest owner and operator of temperature-controlled warehouses, announced today that its brand new Middleborough, MA facility is now officially open.

Americold’s Middleborough facility comprises three temperature-controlled rooms and a loading dock with 165,000 square feet of capacity. The facility, designed in partnership with Ocean Spray, can rapidly freeze up to 79,000,000 pounds of cranberries to ensure the fruit’s integrity, flavor, and health benefits.

“Ocean Spray and Americold have shared the same commitment to operational excellence and customer satisfaction for decades. This new facility represents the best of both companies: state-of- the-art, uninterrupted temperature-controlled supply chain integrity and efficiency with nutritious, high-quality food,” commented Fred Boehler, President and Chief Executive Officer of Americold.

The desire to rapidly freeze such large volumes of product necessitated significant refrigeration horsepower. Americold’s engineering team provided a solution that met Ocean Spray’s exacting specifications for both present needs and the foreseeable future. 

“Americold and Ocean Spray have partnered for close to 40 years—the Middleborough site represents the latest addition to our ongoing strategic relationship,” said Earl Larson, Vice President, Global Supply Chain and Operations, Ocean Spray. “With this facility now in place, Ocean Spray can expand its commitment to our customers and continue to provide the products our consumers know and love.”

The opening of this facility is in line with Americold’s mission as the global provider of choice for temperature-controlled infrastructure and supply chain solutions for the food and beverage industry.

The new site, Americold’s fifth in the state of Massachusetts, joins facilities in Boston, Taunton, and two in Gloucester, bringing Americold’s total capacity to almost 19 million cubic feet for the state.

About Americold Realty Trust

Americold is the world’s largest owner of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 156 temperature-controlled warehouses, with almost 924 million cubic feet of storage, in the United States, Australia, New Zealand, Canada and Argentina. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers. Americold serves more than 2,400 customers and employs approximately 11,500 associates worldwide.

About Ocean Spray

Ocean Spray is a vibrant agricultural cooperative owned by more than 700 cranberry farmers in the United States, Canada and Chile who have helped preserve the family farming way of life for generations. Formed in 1930, Ocean Spray is now the world's leading producer of cranberry juices, juice drinks and dried cranberries and is the best-selling brand in the North American bottled juice category.

The Cooperative's cranberries are currently featured in more than a thousand great-tasting, good-for-you products in over 100 countries worldwide. With more than 2,000 employees and nearly 20 cranberry receiving and processing facilities, Ocean Spray is committed to managing our business in a way that respects our communities, employees and the environment. For more information visit: www.oceanspray.com.

Americold

Investor Relations:
678.459.1959
investor.relations@americold.com

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www.americold.com

Source: Americold Realty Trust

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bc2d5bd4-cb2b-49ae-bd58-793599077fa7

Americold_OS_Middleborough Facility Opening