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Americold Realty Trust, Inc. is an American temperature controlled warehousing and transportation company based in Atlanta, Georgia, United States. It is in the business of modern commercialized temperature controlled warehousing for the storage of perishable goods, one of the forms of food preservation. Americold is the 2nd largest temperature-controlled warehousing and distribution services provider in the world.[1][2][3]

History

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When food preservation using ice became commercialized, cold storage companies began to appear. Ice was farmed from lakes during the winter, and stored, surrounded by straw to insulate it, so that it could be used well into early summer. Ice houses and ice warehouses began to appear and sold blocks of ice for domestic and commercial use. Then in 1922, Clarence Birdseye founded the modern frozen food industry, by pioneering fast freezing (now called blast freezing), based on learning the benefits of low temperature freezing of fish practiced by the Inuit in Arctic regions.

Americold's history began in the early 20th century, around the time of the first ice and coal companies. Americold came from mergers and acquisitions involving Atlanta Ice and Coal Company, Atlanta City Brewing Company (later known as Atlanta Brewing and Ice Company,) Versacold, Munford, Jackson Atlantic, United Refrigerated Services, Atlas Cold Storage, and others.

In 1903, entrepreneur Ernest Woodruff merged three cold storage warehouses to form Atlanta Ice and Coal Company and in 1909 renamed the company Atlantic Ice and Coal as part of a large consolidation of ice and coal companies throughout the eastern states. In 1919, Woodruff bought [4] the Coca-Cola Company from Asa Candler’s children for $25,000,000.

In 1935, Atlantic Ice & Coal Company changed names to Atlantic Company[5] and began to expand into a variety of different businesses, including cold storage and beer production, the latter contributing up to 50% of the company's revenues at its peak.

Atlantic Company diversified into ice convenience store development under the name EZ stores, before household refrigerators were commonplace. It also ran a fast food operation called Wishbone Fried Chicken.[citation needed]

Atlantic Company merged with Munford Do it Yourself stores and became Atlantic-Munford, rapidly developing its convenience store growth.[6]

The company then merged with Jackson Minit Market and Handy Andy, and was renamed Jackson Atlantic, growing to 40 warehouses in the USA. It was one of the largest warehouse networks at that time. The company went public in 1968 and a few years later merged with United Refrigerated Services. The company then set out to develop the USA's most comprehensive cold storage network.[citation needed]

Atlanta became the company's home again in the early 1980s.[citation needed]

Acquisitions and mergers continued during the 1980s and 1990s with the company's current name, Americold, appearing in 1997.[citation needed]

In 2010, Americold acquired Versacold to become the largest temperature-controlled warehousing and distribution services provider in the world.[7]

in 2020, Americold acquired Agromerchants the fourth largest temperature-controlled warehousing in the world.

Services

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Americold provides temperature-controlled warehousing along with consolidation and multi-vendor consolidation transportation programs.[citation needed] Value added services complement typical warehousing and distribution services and include blast freezing, pick n pack,[clarification needed] labeling/relabeling, repacking, kitting, staging, cross-dock, sloughing/tempering, plus light assembly and food processing services. Americold owns and operates over 245 temperature-controlled warehouses, with more than 1 billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina, and Canada. Americold's warehouses are a part of the supply chain connecting food producers, processors, distributors, and retailers to consumers.

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Organization

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Americold has more than 245 locations[8] worldwide.

Americold owns and operates a quarry in Carthage Underground both for the stone excavated and using the caverns and refrigerated storage chambers.[citation needed]

See also

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References

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Lineage and Americold Logistics are by far the largest refrigerated warehousing and logistics providers in North America—in fact in the world—according to the latest ranking from the Global Cold Chain Alliance (GCCA). 

GCCA, which is an industry association representing all major industries engaged in temperature-controlled warehousing, logistics and transportation, publishes an annual list that ranks the total capacity of temperature-controlled space operated by GCCA Warehouse Members.

For the North American region, that list is topped by Lineage (2.1 billion cubic feet), Americold (1.28 billion cubic feet), and United States Cold Storage Inc. (405 million cubic feet). The rest of the top 10 include: Interstate Warehousing Inc., FreezPak Logistics, Vertical Cold Storage, Arcadia Cold Storage & Logistics, Conestoga Cold Storage, Congebec Inc., and NewCold Holdings LLC.

Although it operates less than one-twentieth the amount of warehouse space that Lineage does, Kansas City, Missouri-based Vertical Cold Storage said its sixth-place ranking shows swift growth from last year’s 15th place spot.

The company, which is sponsored by real estate investment firm Platform Ventures, now has more than 77 million cubic feet of capacity in nine locations and employs more than 400 full-time team members. In the past 12 months, Vertical Cold acquired MWCold in Indiana, purchased a second facility in the Dallas-Fort Worth market, and is currently finishing the construction of its first distribution center in the Kansas City market.

“It’s been a great year for Vertical Cold, with expansion in new and existing markets,” West Hutchison, president and CEO of Vertical Cold Storage, said in a release. “Our growth platform is strong. There will be continued growth through acquisition, expansion, and development in pursuit of our goal to have a national network that embraces the complexities of our customers, which many of our competitors avoid or price their way out of.”
 

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