New Orleans Cold Storage is more than doubling the size of its storage space at the Port of Charleston in South Carolina.
The expansion will include an investment of more than $14 million, of which the South Carolina State Ports Authority has approved up to a $12 million contribution.
“Not only will our storage space be increasing dramatically by over 150 percent, but we will also be increasing our blast freezing capacity by 100 percent, giving us the ability to grow with the market well into the future,” said Mark Blanchard, president and CEO of New Orleans Cold Storage.
He said the expansion will help the company continue to be one of the largest logistics and cold storage suppliers to the poultry, pork, beef, seafood, vegetable and international refrigerated food industries.
The expansion will especially benefit the import meat trade that originally drew NOCS to the Port of Charleston in 1986, particularly trade with Australia, New Zealand, Central America and South America.
“We’re pleased to be a part of New Orleans Cold Storage’s expansion, especially given the strategic importance of refrigerated cargo to our business,” said Jim Newsome, president and CEO of the South Carolina State Ports Authority. “So far this fiscal year, we’ve handled nearly 70,000 TEUs of refrigerated cargo, and we hope to see those numbers increase with this announcement.”
A TEU is used to describe capacity based on 20-foot-long containers used in cargo shipments.
Founded in 1886, NOCS is one of the world’s leading providers of logistics services for handling time- and temperature-sensitive cargoes. It operates out of four port facilities — two in New Orleans and one each in Charleston and Houston — providing import services as well as a “one-stop” export process. That includes transportation to the port, blast freezing and warehousing, certification and documentation, plus loading of break-bulk vessels.
The company’s markets include the southeast U.S., from the panhandle of Florida to the west Gulf Coast of Texas, Central and South America, the Pacific Basin, the Australian-New Zealand trade, China, Africa, the Eastern bloc countries and Russia.