Preferred Freezer Services (PFS) is set to invest USD60m to construct a 200,000-square-feet cold storage warehouse in Portsmouth, Virginia.
The new facility will add 60 new jobs in the region, and will be used to import, export, process and distribute a variety of food products. The investment should allow the company to meet the growing demand for cold storage.
“Preferred Freezer Services’ new operation in the City of Portsmouth will harness the region’s valuable assets, including unparalleled access to global markets through the Port of Virginia and the world-class workforce in Hampton Roads. The company’s significant investment and major footprint expansion further reinforce the strength of the area’s logistics infrastructure, supply chain industry, and dedicated talent pipeline”, noted Virginia Governor Ralph Northam.
“We look forward to hiring over 60 people to service our customers throughout the area and manage the over 31,000 new pallet positions that will expand our import and export abilities,” said Brian Beattie, president of Preferred Freezer Services.
Headquartered in Chatham, New Jersey, Preferred Freezer Services – which also has existing operations in Chesapeake, Virginia – is a privately held company with over 1,800 employees worldwide. The company was founded in 1989 and operates over 300 million cubic feet of the state-of-the-art, full-service temperature-controlled warehouse space across the United States and Asia.