Recent Asset Acquisition The sale of Bellingham Cold Storage assets to Lineage indicates a significant industry consolidation and a shift in market dynamics, presenting opportunities to engage with the new asset owner for storage and logistics services.
Expansion Activities Bellingham Cold Storage's recent expansion into Washington, including opening new facilities in Burlington, suggests a growing footprint and increased capacity, which could require partnerships for equipment, technology, or ancillary services.
Market Position & Revenue With annual revenues estimated between 25 and 50 million dollars and operations in cold storage, the company offers considerable volume for logistics, temperature-controlled transportation, and supply chain solutions tailored for perishable goods.
Ownership Changes The acquisition by Joshua Green Corporation in 2018 indicates ongoing investment interest in the company, positioning it as a potential client for financing, capital services, or strategic partnerships to support growth initiatives.
Industry Focus & Capabilities Specializing in handling seafood, meats, fruits, and vegetables with services like freezing and cargo handling, Bellingham Cold Storage represents a prime target for technology providers in cold chain management, automation, and process optimization to enhance operational efficiency.