The coming InterChange Cold Storage facility was announced in the Virginia Maritime Associations’s August bulletin. The Virginia Maritime Bulletin is a monthly publication specializing in business relating to the Port of Virginia and distributed to Association members.
The article pointed out that the investment will create 88 new jobs for the region and an investment $41.6M into the Shenandoah Valley region.
“Our new cold storage facility will provide further opportunity to add value to the Shenandoah Valley’s agricultural products and increase exports through Virginia’s ports,” InterChange president Devon Anders told the Bulletin. Anders is Chairman of the Virginia Maritime Association’s Valley Chapter.
Virginia Governor Ralph Northam approved a $300,000 grant for the project. “This project creates vital infrastructure for the large and growing cluster of food and beverage industries in the Shenandoah Valley, which in turn produce major markets for Virginia farmers,” Governor Northam explained.
Phase 1 construction of the InterChange Cold Storage facility with approximately 16,000 pallet positions has started with a planned completion in the second quarter of 2019. A similarly-sized Phase 2 will follow almost immediately that will include features such as blast freezing and rail access.
The Virginia Maritime Association is based in Norfolk, Virginia with membership comprised of over 450 companies. For more information visit vamaritime.com.