Yesterday, developers broke ground on an almond cold storage facility in Madera. It will be open to all growers, in hopes of alleviating price pressures on the product. The owners hope the facility will be the first of many throughout the Central Valley.
A project over seven years in the making, Almond World looks to open by the second quarter of 2023, said Robert Sullivan, managing partner for the company. The two 250,000-square-foot buildings are focused entirely on almonds. What separates this facility from others is that they will take almonds from any grower, said Steve Sagouspe, managing partner along with Sullivan.
The cold storage will allow almonds to be stored up to two years, meaning during times of plenty, growers can keep the nut in storage rather than bringing it to market. Each building will be able to store 50 million pounds of finished product.
Source: thebusinessjournal.com