PenserSC acquires Caribbean Cold Storage - Jacksonville Business Journal:

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has gained about 1.5 million cubic feet of frozenh and refrigerated space by buying Caribbean Cold Storage for anundisclosef amount. The acquisition of the which has beenrenamed PenserCold, also bringxs the following services: on-site United States Department of Agriculture export and import services and freighy forwarding. “Our customers have many complexitiesa within their supply chains including multipletemperaturwe requirements,” said PenserSC CEO Shawn “PenserCold dovetails with our corporate integrated supply chain strategyg and complements our other linesz of business” He said PenserCold won’f compete with larger providers of refrigeratecd warehousing, such as , but small and medium-sizerd food distributors will get the attention they need.
PenserSC expects to complete the acquisitiom of another warehouse companyh with morethan 1.7 million-square-feet of space, givingb it nearly 3 million squarde feet of warehouse space in Florida. Barnet said the company is also working to develoopa 52-door, 50,000-square-foot cross dock facility about 1.5 miles from the The facility is expected to be open by Novembetr 2010. • Rail services. PenserSC can load and unloasd from , and rail lines. Port services. The company offers drayage, which is the hauling of shipping containers betweehn modes of transportation or totheir destinations.
It can also handlew trapped freight, which is when goodsw from various orders are grouped together forone shipment. Manufacturing support. PenserSC can transport raw materials through various steps of themanufacturing processes. • Transportation. The company has capabilities for truckload, less-than-truckload, dedicated and multi temperature-controllesd transportation through its fleet of about30 tractor-trailers. • Flexible warehousinbg services. PenserSC’s 1 millionn square feet of warehouse space atits Jacksonville, Miamio and Orlando facilities is electronically integratedr with its four other major services.