Lineage's first operation in South Carolina will create an additional logistics hub on the East Coast
COLTON, Calif.--(BUSINESS WIRE)--Lineage Logistics ("Lineage"), a warehousing and logistics company backed by Bay Grove, will break ground on a state-of-the-art 340,000 sq. ft. cold storage distribution facility in Charleston County, SC in July 2014. The project is expected to create more than 80 new jobs when completed.
Distribution and logistics companies represent one of the fastest-growing industries in our state today
Specific customer needs and comprehensive infrastructure in the world-class Port of Charleston makes this key logistics hub an important addition to our other port-centric facilities on the East Coast. Our team has been working in partnership with state and local officials for over a year to bring a significant investment and new jobs to the Charleston community - the ease of doing business has been impressive and will accelerate completion of this facility, said Bill Hendricksen, CEO of Lineage Logistics.
Distribution and logistics companies represent one of the fastest-growing industries in our state today, said South Carolina Secretary of Commerce Bobby Hitt. This will be a great addition to the state's logistics sector, and we are pleased that Lineage is bringing this project to fruition.
This new facility will be located in the Palmetto Commerce Park, at 7748 Palmetto Commerce Parkway in North Charleston with immediate access to the Port of Charleston and rail access providing regular service on Norfolk Southern switches.
"The SCPA and maritime community are pleased to welcome Lineage to Charleston. The Port is experiencing strong growth in the refrigerated container business, the addition of Lineage's cold storage and blast freezing facility provides Charleston with the increased capabilities necessary to meet the needs of this important cargo segment," said Jim Newsome, president and CEO, South Carolina Ports Authority.
Alan Julian, Director of Marketing for Ag and Consumer Products at Norfolk Southern, said, "The partnership with Lineage is an exciting opportunity to export more refrigerated products from various inland points to the world market through the Port of Charleston."
The facility will have the latest technology in high capacity blast freezing and new transportation solutions to provide customers a highly efficient solution to export proteins to foreign markets. It will also include new design features that expedite domestic consumer access to imported products.
We believe the world-class Port of Charleston, along with our excellent intermodal logistics, offer unparalleled access to domestic and international markets. Those assets, along with our productive workforce and renowned quality of life, will help sow the seeds for success, said Teddie Pryor, Chairman of Charleston County Council. Charleston County looks forward to partnering with Lineage Logistics as it establishes its new state-of-the-art facility, and as it grows a very successful business for years to come.
Note to the editor: The date for the official groundbreaking will be announced shortly.
About Lineage Logistics: Lineage Logistics is one of the largest temperature-controlled warehousing and logistics companies in the world. The company was founded through the combination of premier, temperature-controlled warehousing companies, some of whose roots date back to the early 1900s. Today, all its companies are unified with a shared vision of being the leading national supply chain company serving the nation's food, retail, agriculture and distribution companies. (www.lineagelogistics.com)
About Bay Grove: Bay Grove is a principal investment firm dedicated to partnering with strong management teams to invest in and build long-term platform investments. Over the last five years, Bay Grove has built Lineage Logistics through acquisitions and investments completed in partnership with entrepreneurs, managers and employees. The firm has deep experience in the warehousing and logistics industry and also seeks to make investments in other attractive sectors. Bay Grove is based in San Francisco. (www.bay-grove.com)
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