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Netherlands-founded firm plans $333m cold storage warehouse in Georgia
Transactions - OCTOBER 27, 2022

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Netherlands-founded firm plans $333m cold storage warehouse in Georgia

by Andrea Zander

Netherlands-founded NewCold will invest $333 million to construct a new automated cold storage facility off highway 42 in McDonough, Ga.

The planned automated facility will serve food clients in suburban Atlanta. It will be the largest single capital investment ever made in Georgia’s Henry County by a business.

"Henry County is excited to welcome NewCold to our community," said Carlotta Harrell, Henry County board of commissioners chair. "This project will represent the largest single investment in Henry County’s history by a business. This new automated facility will bring jobs not only in logistics, but mechatronics and robotics, which are two key sectors in Henry County Schools’ recent STEM development efforts for our students."

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