Ren Seafoods shells out USD 4.17 million for Alabama property as it establishes new processing hub
Ren Seafoods has purchased a former Smith’s Bakery building for USD 4.17 million (EUR 3.41 million) in Mobile, Alabama, U.S.A., where it is establishing a seafood processing facility and distribution hub.
The recently purchased property includes 15.63 acres, complete with a 70,130-square-foot production area, a 35,684-square-foot cross dock, and a 4,826-square-foot truck service facility, AL.com reported. About 30,000 square feet of the facility, used by the bakery for storage and distribution, is leased by Frios Gourmet Pops, according to the media outlet.
An affiliate of Pennsylvania-based The Fishin’ Co., Ren Seafoods announced an investment of USD 12.4 million (EUR 10.2 million) into a shuttered manufacturing facility in Mobile in March of this year as part of its seafood hub ambitions. Construction of the site, which will create 54 jobs, is expected to tentatively wrap later this year, Area Development reported.
Ren Seafoods CEO Javier Infante said at the time that the firm viewed the U.S. Southeast as a setting with considerable opportunity.
“We are creating a hub for seafood distribution covering the Southeast region,” Infante said in March. “We are following their path and its vicinity allows us to combine product deliveries to have a unique logistics operation. In addition, there is high-quality, local seafood in this region that we will be able to access for our customer base.”
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