GMAC Logitech Refrigeration Corporation (GMAC), a joint venture between AC Logistics Holdings Corporation and Glacier Megafridge, Inc. (GMI), has opened its new cold chain storage facility in Cagayan De Oro.
In a statement, Ayala Corporation said the construction of GMAC CDO, which is situated in Brgy. Tablon, started in 2022 and is now ready to serve clients and communities.
(L-R) Rene Almendras, AC Logistics President & CEO, GMAC Director; Janet Bautista, AC Logistics Vice President for Business Development; Carlos Villanueva, GMAC Chief Operating Officer; Arturo Yan, GMI President, GMAC Chairman & President; Annabel Yu, GMAC Chief Finance Officer; Nona Torres, AC Logistics Chief Commercial Officer, GMAC Director
The facility can store up to 5,348 industrial pallets and is expected to service the increasing cold storage demand of various industries in Northern Mindanao, help ensure food preservation for the community, and be a key player in the region’s economic development.
AC Logistics, a wholly owned subsidiary of Ayala Corporation, serves as Ayala group’s portfolio company for logistics solutions services providing end-to-end supply chain solutions through its subsidiaries.
The company’s partnership with GMI is a testament to its commitment to address the country’s need for reliable and efficient supply chain solutions that can foster food preservation and security.
“AC Logistics aims to use technology-driven supply chain solutions in addressing the country’s most pressing problems,” said of AC Logistics President and CEO Rene Almendras.
He added that, “We are sincerely proud to be partnering with Glacier Megafridge in helping our stakeholders ensure food security and preservation in Cagayan de Oro.”
“This is only the start of a very meaningful venture and we look forward to aggressively expanding our cold chain solutions across key areas in the Philippines,” Almendras noted.
“Glacier Megafridge, Inc. has always been committed to creating logistics solutions that address its stakeholders’ supply chain needs,” said GMI President Arturo Yan.
He noted that, “Through our cold chain facilities, we ensure the quality and safety of food in different parts of the country. We use the industry’s gold standards in building and operating our facilities.”
“Our team is excited to use our technical expertise in providing logistics services to more clients and addressing supply chain challenges in Cagayan de Oro,” Yan said.
GMI has been in the cold storage and logistics industry since 2005 with over 65,000 pallet capacity throughout the country.
As the leading cold storage service provider, the company builds and operates cold chain industrial facilities using Japanese technology for perishable meat, poultry, aquamarine, and dairy products around Metro Manila and key emerging cities in Bicol, Panay, Bulacan, and Samar.
The company provides services including Warehouse Management, Cold Storage Racks, Processing and Repacking, Plug-In Services, Blast Freezing, Inventory Management, and Transport Management.
GMI is also recognized and certified by a variety of Government and Professional organizations such as the National Meat Inspection Service (NMIS), Department of Agriculture (DA), Hazard Analysis Critical Control Point (HACCP), International Finance Corporation (IFC), and International Organization for Standardization (ISO).
AC Logistics said the combined expertise and capabilities of AC Logistics and GMI provide GMAC Logitech Refrigeration Corporation a very competitive service for its clients.
It added that this joint venture is committed to aggressively grow its cold chain portfolio throughout the country as it ensures food security and preservation in the cold chain corridor.
If you like this article, share it on social media by clicking any of the icons below.
Or in case you haven’t subscribed yet to our newsletter, please click SUBSCRIBE so you won’t miss the daily real estate news updates delivered right to your Inbox.
The article was originally published in Manila Bulletin and written by James A . Loyola.
About Post Author
More Stories
Lamudi’s Property Fair Opens in Metro Manila May 3, Heads to Cebu in August
PHL to attract int’l real estate investors, occupiers — Cushman & Wakefield
Expansions, upgrades fuel Manila office market