A cold-storage company in Woodburn plans to invest $22.75 million in real estate and equipment and add 40 jobs.
According to documents filed with the Department of Planning Services, P&B Cold Storage Inc. and B&P Real Estate Holdings LLC of 23202 Roemer Drive are asking to have a new location at 23288 Roemer Drive declared an Economic Revitalization Area.
The designation would allow the company to qualify for tax abatements related to the expansion.
The real estate improvements would come in the form of a new, 192,695-square-foot refrigerated warehouse at a vacant site in Woodburn Industrial Park. The building would cover an area bigger than three football fields, including the end zones.
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