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Cold storage to boost ag industry in North Carolina

Demand for cold storage is growing as demands and opportunities for exports continue to rise in the nation. North Carolina is solving this problem with the production of a new 101,000 square foot cold storage warehouse located in the Port of Wilmington. It marks the first in port located cold storage warehouse in the state and one of the few in the entire country.

Cold storage facilities allow companies to distribute their perishable goods locally, nationally, and globally. According to industry analysts, 88 percent of the demand for refrigerated storage is from the food industry, with the remaining 12 percent consumed mainly by pharmaceutical, floral and fur producers that require temperature-controlled storage. Pharmaceutical companies, in particular, are expected to increase their demand for cold storage as they increase production of temperature controlled vaccines and biologic drugs.

“Agriculture is an $84 billion industry for North Carolina and the #1 industry in the state,” said Chuck McCarthy, President and CEO of PWCS. “And the demand for US meats and vegetables abroad is very high, particularly in Asia. We anticipate that PWCS is going to allow NC producers and processors to significantly grow their export business by providing them with a more cost-effective alternative to trucking their products to out-of-state ports. And we also hope that local growers who may have thought export was out of their reach will consider working with us to help them grow their market overseas.”

source: ajot.com

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