GMAC Logitech Refrigeration Corp., a joint venture between AC Logistics and Glacier Megafridge Inc., on Thursday opened a new cold chain storage facility in Barangay Tablon, Cagayan De Oro City.
GMAC said in a statement the facility could store up to 5,348 industrial pallets, service the increasing cold storage demand of various industries in Northern Mindanao and help ensure food preservation for the community.
“AC Logistics aims to use technology-driven supply chain solutions in addressing the country’s most pressing problems. We are sincerely proud to be partnering with Glacier Megafridge in helping our stakeholders ensure food security and preservation in Cagayan de Oro,” said AC Logistics president and chief executive Rene Almendras.
Almendras said the opening of the facility is just the start of the group’s plan to aggressively expand its cold chain solutions across key areas in the Philippines.
AC Logistics, a wholly-owned subsidiary of Ayala Corp., serves as Ayala Group’s portfolio company for logistics solutions services.