New Orleans Cold Storage will double the size of its existing storage space at the Port of Charleston, the company announced Thursday, which includes an investment of more than $14 million.
The company said the South Carolina State Ports Authority has approved a $12-million contribution to the expansion project.
NOCS said the increase will set the company up for growth in the market.
“Not only will our storage space be increasing dramatically by over 150 percent, but we will also be increasing our blast freezing capacity by 100 percent, giving us the ability to grow with the market well into the future,” said President and Chief Executive Officer Mark Blanchard in a statement.
NOCS came to the Port of Charleston in 1986 because of the import meat trade, it said. It has been providing logistics services for time- and temperature-sensitive cargoes for more than 100 years.