Dedeaux Properties and joint venture partner Brasa Capital Management have sold a fully-leased 73,992-square-foot Class A industrial distribution building in the Inland Empire city of Redlands, California, to LBA Realty, completing the disposition of a brand new two-building complex. The building includes 20,000 square feet of cold storage space with two coolers at 55 and 34 degrees, and is currently leased to In-N-Out Burger.
Fresh Del Monte Produce, one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, is pleased to announce the election of two additional members to its Board of Directors, Lori Tauber Marcus and Kristin Colber-Baker.
TricorBraun Flex, the flexible packaging division of global packaging leader TricorBraun, has launched Biotre 3.0, a fully-compostable, plant-based packaging material. Biotre is a flexible packaging film made from renewable and compostable resources, such as wood and pulp. Available in a range of sizes, Biotre can reduce the amount of packaging in waste disposal because it breaks down naturally in a home composting environment. Biotre also preserves natural resources by reducing the use of fossil fuel and mineral resources.
ARYZTA has completed the disposal of the equity and assets of its North American business in the USA and Canada to an affiliate of Lindsay Goldberg LLC for $850 million.
Monogram Foods has started construction on a new 135,000-square-foot production facility in Creek Brook Park, Haverhill, Massachusetts. Monogram has plant and warehousing facilities in Indiana, Iowa, Minnesota, Virginia and Wisconsin. This is Monogram’s 3rd Massachusetts location, and will feature 109,000 square feet of multi-temperature warehouse space, plus a 26,000-square-foot sandwich assembly area. The facility is expected to be completed by mid-2022.
Jeremy Olberding, has been promoted to vice president of Colmac Coil. Olberding’s responsibilities will be sales and marketing team leadership, accelerating Colmac Coil’s new product development, business development, and contributing to overall strategy and operations. This announcement follows the appointment of Joe Fazzari to President, Colmac Coil Manufacturing.
RWS Facility Services (RWS), a provider of comprehensive managed facility services, announced it has appointed Tom LaMartina to the role of vice president of facility managed services. In this role, LaMartina will be responsible for overseeing the RWS sales and service organization that provides support services to facilities in manufacturing, distribution, pharma and commercial offices in the company’s growing national footprint of facility services clients.
BW Flexible Systems, a Barry-Wehmiller Packaging Systems company, has announced the appointment of Matt Venezia to Vice President of Global Equipment Sales. As a member of the company’s global leadership team, Venezia will dedicate himself to earning the trust of customers by helping them grow their businesses over the long-term.
Vortex Cold Storage, providing temperature-controlled warehousing and supply chain solutions to the Midwest food and beverage industry, broke ground on its 173,400-square-foot cold storage facility in Albert Lea, Minnesota.
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