Cold chain logistics company NewCold has loaded another $160 million into its Truganina cold storage facility.
The Netherlands-based company has also partnered with food manufacturer Simplot Australia.
The cash splash brings NewCold’s total investment in Victoria to $460 million.
The current facility will more than double in size once construction is complete.
Pallet positions will almost double to 225,000, with 30,000 for chilled and 85,000 for frozen goods.
The expanded facility is scheduled to be operational in 2022. Simplot will transition all of its frozen products in 2023.
The cold storage facility will use state-of-the-art technology including automated storage and retrieval systems (ASRS) to automatically move and store products in the high-bay warehouse.
Simplot Australia Managing Director, Graham Dugdale, says the company was attracted to Newcold’s fully automated ASRS high-bay solution.
“The new facility will ensure Simplot can continue to efficiently deliver the products that Australia’s leading retail and foodservice customers depend on,” Graham says.
Bram Hage, Founder and CEO of NewCold, says the logistics specialists have delivered at least six new capital projects.
“This momentum confirms a very positive future for customers and an innovation boost for the industry,” he says.
Mobilisation and construction activities started at the end of May.