NewCold announces over $275M investment in Maryland, USA 

NewCold has plans to invest over $275 million in a cutting-edge, temperature-controlled automated warehouse in Hagerstown, Maryland.

“Since our founding in 2012, NewCold has a history of partnering with like-minded communities to foster economic growth and create high-quality employment opportunities,” said Bram Hage, NewCold Founder and CEO. “We are excited to bring our innovative solutions and proprietary technology to the City of Hagerstown, contributing to its vibrant future.”

This advanced facility will significantly boost the local economy by creating significant employment opportunities and fostering long-term regional growth.

“The City is pleased to welcome NewCold to our business community,” said City of Hagerstown Mayor William McIntire. “This project will create 125 to 150 new employment opportunities for area residents. NewCold’s state-of-the-art, automated facility will require a number of technology and specialized workers. The new investment and quality, skilled jobs will be a boost to our economy.”

The project has garnered strong support across all levels of government, with state officials also championing its long-term value to the region.

“We’re thrilled to partner with NewCold to bring new jobs and new technology to Maryland,” said Maryland Gov. Wes Moore. “Maryland is focused on growing our economy, investing in industries of the future, and making our state more business friendly. This will be Maryland’s decade, and it’s collaborations like this one that remind us why we continue to be a destination of choice for businesses looking to build and expand.”

Positioned near the Port of Baltimore, the site reflects a strategic decision to tap into the region’s robust logistics ecosystem and growing importance in the national supply chain.

“We’re excited to welcome NewCold to Maryland, where it will be able to serve international customers with ease,” said Maryland Department of Commerce Secretary Harry Coker, Jr. “With access to numerous rail lines, interstates, and airports, as well as close proximity to the Port of Baltimore, our Mid Atlantic location will help NewCold expand its reach throughout the globe.”

This project has been made possible through the strong support and collaboration of our local government partners. We extend our heartfelt appreciation to the City of Hagerstown for their unwavering commitment and efforts in facilitating this investment. Their proactive approach and dedication to economic development have been instrumental in bringing this project to fruition.

NewCold’s advanced facilities use state-of-the-art proprietary technology, including automated storage and retrieval systems (ASRS), to automatically move and store products in high-bay warehouses. These highly automated facilities offer a variety of high-skilled jobs for residents, creating the jobs of the future for decades to come.

“We are committed to becoming long-term members of the communities in which we operate,” said Mike Shawgo, NewCold President of North America. “We work to locally recruit and train teams to operate our facilities. By providing these high-tech roles, we create long-term career opportunities for residents.”

NewCold’s investment in Hagerstown marks a significant milestone in the company’s expansion and commitment to building resilient, efficient supply chains. The company looks forward to becoming an integral part of the Hagerstown community and contributing to its economic prosperity.

About NewCold:

NewCold, the world’s third-largest refrigerated food logistics provider, offers advanced temperature-controlled supply chain solutions. With 25 state-of-the-art, highly automated, and energy-efficient warehouses across three continents, NewCold offers a combined capacity of more than 1.9 million pallet positions. With a growing transport fleet, NewCold provides end-to-end supply chain solutions to leading food companies powered by proprietary technology and backed by a team of 2,700 people from over 40 cultures.

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