Printer Friendly

Chinese frozen seafood packer building new coldstore in Shishi.

China Marine Food Group Ltd (CMFO) has broken ground in the Chinese fishing port of Shishi for a 20,000-ton cold storage facility to be opened in 2011.

CMFO is a manufacturer of seafood-based snack foods and marine algae-based soft drinks, and a distributor of frozen marine products. The new coldstore will be built on an 8,691 square meter site next to the company's processing facilities.

Construction costs will be funded from capital generated by operations. The warehouse will also supply the fishing port with needed storage. CMFO expects that, when fully operational, the facility will bring in $8 million in annual storage, blast freezing and ice revenues, plus ring up $4 million in net income.
COPYRIGHT 2010 E.W. Williams Publications, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Warehousing World
Publication:Quick Frozen Foods International
Date:Oct 1, 2010
Previous Article:SnoTemp Cold Storage facility maximizing energy efficiency.
Next Article:Nash Finch boosts freezer space at distribution center in Ohio.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters