Cypress Cold Storage building Springdale warehouse, adding 50 jobs
by April 24, 2023 4:23 pm 1,782 views
Cypress Cold Storage, a provider of temperature-controlled warehouse space and value-added services for the food sector, broke ground Monday (April 24) on a new 207,285 sq. ft. cold storage facility in Springdale.
The project will be located at 1440 Angell Drive in Springdale and will create 50 new jobs. The company did not disclose its capital investment. The project is expected to finish in Spring 2024.
“Cypress Cold Storage is thrilled to bring this best-in-class facility to the Springdale market and continue expanding our presence in Northwest Arkansas,” said Tony Nichols, Chief Executive Officer of Cypress Cold Storage. “We look forward to providing customers with top-tier solutions and bringing even more career opportunities to the local community.”
The facility will include more than 170,000-square-feet of temperature-controlled space, including a blast freezer and multiple convertible freezers capable of accommodating a range of temperature requirements from -5°F to 28°F. The freezer space will have a clear height of 34’6” and will include max density racking, allowing for more than 22,000 pallet positions.
Additional facility features include insulated metal panel exterior construction, an 8,450-square-foot office, 21 dock positions, and an ammonia refrigeration system.
“This state-of-the-art facility hits the sweet spot for Arkansas. It creates new warehouse capacity for the food and beverage industry while bringing 50 jobs to an area that is a proven leader in distribution and transportation,” said Clint O’Neal, executive director of the Arkansas Economic Development Commission. “Cypress Cold Storage continues to grow and invest in Arkansas, creating new jobs in Northwest Arkansas. We look forward to their future success in The Natural State.”
Cypress Cold Storage, LLC, a provider of temperature-controlled warehouse space and value-added services for the food sector, was established in April 2019 with the purchase of two existing facilities in North Little Rock and Maumelle, Arkansas.
The company has expanded, completing its first new construction – a 12,000 pallet position addition to the Maumelle facility – in 2021.
“Low taxes, great schools, and safe streets: that’s the recipe that will attract jobs and businesses to Arkansas. And it’s been at the top of my agenda since the day I took office,” said Gov. Sarah Sanders. “I’m grateful for Cypress Cold Storage’s continued investment in Arkansas and look forward to the new jobs they’ll create in the Natural State.”