The Coral Gables, Fla.-based Del Monte is in negotiations with Montreal-based Logistec, a logistics and stevedoring company, to move Del Monte’s operations to a 200,000-square-foot cold storage operation at the Palmetto, Fla., port, according to news reports.
The new facility is in early design stages and through the operating agreement, Logistec would operate the $24.6 million public-private warehouse while Del Monte would become the facility’s principal tenant, according to a Jan. 22 report in the Bradenton Herald.
Del Monte imports fruit into a 58,000-square-foot warehouse at the port.
Del Monte and Logistec have not yet reached an agreement but are continuing discussions, André Dubois, Logistec’s director of operations at the port, said in the article.
The two are hoping to have “something in place” by early next year, Dubois said in the article.
If approved, Logistec would serve as the private partner and would pay $12.3 million of the construction cost with the Florida Department of Transportation funding the remaining $12.3 million, according to the report.
Port Manatee officials confirmed the talks but referred questions to Del Monte, which didn’t return calls.
The Tampa, Fla.-area port offers 207,000 square feet of refrigerated storage capacity.
The port is Del Monte’s second-biggest U.S. port operation, according to the article.