Guatemala. Temperature-controlled logistics and warehousing solutions provider, Emergent Cold Latin America, has begun the expansion of its infrastructure located in Palín, Guatemala.
The facilities in question are strategically located between the country's capital and the port of Quetzal. There, an additional 9,200 pallet positions will be added, reaching a total of 24,500 positions, mainly intended for the storage of meat, fruit and vegetables. Construction is expected to be complete in 18 months.
Alain Eichmann, Executive Director of Emergent Cold LatAm for the Caribbean region, highlighted: "Two expansions in just over a year demonstrate the relevance of Guatemala in the company's strategies and our commitment to the country's economic development and logistics infrastructure. In addition, we reinforce our position as the largest temperature-controlled food storage company in Guatemala."
Emergent Cold LatAm began operations in Guatemala in May 2022 with the acquisition of Bodegas Frías. In September of the same year, the first expansion of the Palín facility was completed, adding 5,000 positions.
David Palfenier, co-founder and president of Emergent Cold LatAm, commented that "the trust that our customers place in us and the good performance of the company in Guatemala are key drivers of our growth. In addition, we have the support of a significant local investor, LOSA Group, which is equally committed to the transformation we are driving in the cold chain in the region."
Meanwhile, Felipe Bosch, president of LOSA Group said: "Emergent Cold LatAm is the materialization of the strategy we seek to promote to promote transformative projects that generate an increasingly positive impact and long-term value in our region. We achieve this by partnering with leading operators such as Emergent Cold, a company that is revolutionizing cold storage infrastructure across Latin America."
Emergent Cold LatAm currently has three facilities in Guatemala, located in Palín, Xela and Villa Nueva, with a storage capacity of 89,000 cubic meters.