CHILE – Emergent Cold Latin America (Emergent Cold LatAm), a leading provider of temperature-controlled logistics and storage for food in Latin America and the Caribbean, has inaugurated Chile’s largest frozen food warehouse in Talcahuano.
This facility marks Emergent Cold LatAm’s most substantial expansion in the region with a storage capacity of 294,000 m³ and 37,000 pallets.
The launch signifies a strategic enhancement of Chile’s cold chain infrastructure, particularly in a region globally acclaimed for its seafood and fruit production and exports.
Joaquín Del Campo, Managing Director for the Pacific Region at Emergent Cold LatAm, underscored the strategic significance of this investment, stating, “We are committed to supporting the Chilean seafood and agriculture industries.
The increase in mackerel quotas and the growth in Coho salmon and IQF fruit production require enhanced capacity for temperature-controlled storage, perfectly aligned with this new facility.”
Neal Rider, Co-Founder and CEO of Emergent Cold LatAm, emphasized Chile’s pivotal role in the global food supply chain and the company’s commitment to supporting its growth.
Rider stated, “Chile’s importance in the global food supply chain makes it an important part of our regional investment strategy. This investment is part of our ongoing efforts to support the growth of the seafood and agriculture industries and other sectors requiring cold storage solutions.”
Upon completion, the warehouse is expected to generate 150 direct and approximately 500 indirect jobs, significantly boosting the local economy.
Moreover, plans for an expansion phase are already underway and scheduled for completion by early 2025, which will double the current availability of cold storage capacity in the Concepción region and signify a 50 percent increase in total storage capacity in the country.
This development aligns with Emergent Cold LatAm’s recent funding raise of US$500 million in December, aimed at expanding its regional cold storage network through various avenues, including business acquisitions, greenfield projects, and expansions of existing facilities.
Currently, the company operates over 70 cold storage facilities across 11 countries in Latin America, with additional warehouses under construction.
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