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First Atkins Group completes land purchase for its 8th cold storage

22 September 2023
in Business
Reading Time: 2 mins read
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First Atkins Group completes land purchase for its 8th cold storage
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The First Atkins Group continues its commitment to promoting food sufficiency as it unveils plans for its 8th cold storage facility. First Atkins Holdings Corp. (FAHC), through its subsidiary First Inland Kingdom Realty Corp. (FIKRC), has successfully acquired a 34,558-square-meter (3.46 hectares) industrial estate from Aboitiz Equity Ventures (AEV) subsidiary, Lima Land, Inc.

This new facility, to be situated within the industrial estate, is poised to become the largest of its kind in the country, boasting more than 20,020 pallet positions (PP) for frozen meat and a capacity of 5 million kilos for onions. It will incorporate state-of-the-art Japanese technology, particularly its Automated Storage and Retrieval Systems (ASRS), a robotics-aided system designed for efficient item retrieval and storage. This project represents one of FAHC’s multibillion-peso initiatives aimed at bolstering food security.

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