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. Americans have treated their freezers a bit like security blankets over the past year, stuffing them full of staples and indulgences, a consumer behavior pattern that has had ripple effects beyond the walls of their kitchens. Developers that focus on cold-storage facilities say they are seeing growing interest from companies seeking to build, buy or invest in the sector, despite construction costs that are roughly triple that of an ordinary warehouse. Americold, a logistics company focused on the cold-storage supply chain, reported that its revenue grew 11.4% in 2020 from the previous year. “We gave guidance pre-COVID for our 2020 year, and we’re one of the few companies that didn’t lift or change that guidance,” said Fred Boehler, CEO of Americold, which added 46 facilities to its portfolio through a $1.74 billion acquisition of Agro Merchants Group last year. “What we eat and where we eat will change, but we’re going to eat.”

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