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Americold Breaks Ground on Cold Storage Facility in Saint John
Americold Realty Trust has commenced construction on its previously announced import-export hub in St. John, N.B.
The project at Port St. John is valued between $75 million and $80 million and marks Atlanta-based Americold’s expansion into Canada. The company plans to leverage existing partnerships with logistics giant DP World and Calgary-based railway operator Canadian Pacific Kansas City (CPKC), whose network spans Canada, the U.S., and Mexico.
The facility will feature approximately 22,000 pallet positions and aims to enhance food flows between Central and Eastern Canada and global markets, including Europe, South America, and the Asia-Pacific region.
Opportunities NB, the province’s economic development arm, will contribute up to $1.01 million in payroll rebates to support the creation of up to 100 jobs by 2029, with the project expected to generate up to $37 million in direct provincial GDP.
Americold is a global leader in temperature-controlled logistics, operating 239 warehouses across North America, Europe, Asia-Pacific, and South America.
Photo: Port St. John
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