InterChange Cold Storage LLC building new facility in Rockingham County
InterChange Cold Storage LLC is building a 250,000-square-foot cold storage and freezing facility in Rockingham County.
The $41.6 million investment is expected to create 88 jobs.
The facility will provide warehousing to food and beverage manufacturers, as well as blast freezing for the poultry industry. Interchange Cold Storage is owned by Mount Crawford-based InterChange Group, which provides warehousing and transportation services.
Gov. Ralph Northam approved a $300,000 grant from the Governor’s Agriculture and Forestry Industries Development Fund for the project. The county also is receiving $650,000 from the Virginia Department of Transportation’s Economic Development Access Fund and $450,000 in funding from Rail Industrial Access Program administered by the Virginia Department of Rail and Public Transit. The company also is eligible to receive up to $44,000 from the Virginia Jobs Investment Program, which provides funding to support employee training activities. Rockingham County also is matching $300,000 in funds for rail and road improvements at the site.