NewCold announced the expansion of its Lebanon facility, doubling its capital investment in the community, with more than $300 million now earmarked for the project. NewCold is a leader in advanced automated temperature-controlled warehouses and is one of the fastest-growing food logistics companies globally. The company announced initial plans to locate in Lebanon in 2020, with an initial $150 million investment, and became operational in the Fall of 2022. The expansion is under construction and is expected to be operational in Summer 2024.
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