The United States remains among the world’s largest markets for refrigerated/frozen warehousing services, with 131 million cubic meters of cold storage warehouse capacity – second only to India – according to the 2018 GCCA Global Cold Storage Capacity Report. Together with China, these three nations account for 60 percent of the global total for cold storage space. And the industry continues to grow. The report showed that global cold storage capacity increased 2.7 percent since 2016, while trend data from the frozen food and pharmaceutical industries suggest this growth will continue for several years to come. Great River Energy’s economic development tea...

A recent study highlights northern Minnesota’s strong commercial market, accessibility to supply chain and opportunities for economic impact, suggesting it as a uniquely positioned area to propel development of mass timber manufacturing. “The Economic Feasibility of Mass Timber Manufacturing in Minnesota” – commissioned by the Area Partnership for Economic Expansion (APEX) and sponsored by Great River Energy, the Blandin Foundation, the Minnesota Department of Iron Range Resources and Rehabilitation (IRRR), among others – also examined the state’s capacity to build a mass timber manufacturing facility in northern Minnesota. “The forest products industry in our region has always been strong,” said Brian Hanson...