NewCold Doubles Investment In Lebanon With $150 Million Expansion

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.