Ahold Delhaize Automated Facilities Development Overview
Russellville, AR Expansion for Conagra Brands
Expansion Overview
The Russellville highly automated expansion is an opportunity to provide mission critical, long-term
infrastructure for a top tier strategic customer
■ COLD is expanding its Russellville, Arkansas facility for a total of
~$92mm in a dedicated build for Conagra Brands (1)
Operation expected to commence in Q2 2023 and is expected to
fully stabilize in Q3 2024
ameriCOLO.
-
Expected to generate stabilized NOI ROIC of ~10%-12%
Conagra Brands (NYSE: CAG) is one of North America's leading
branded food companies
CAG is a top tier strategic customer
COLD has served CAG for decades in multiple locations
CAG is rated BBB-/Baa3/BBB- by S&P, Moody's, Fitch (2)
Expansion at a Glance
Clear Height
~130 feet
Cubic Feet
Pallet Positions
slim
Jim
~13mm cubic feet
gardein
~42K pallet positions
(1)
(2)
Reflects midpoint of Management's estimated cost range to complete as of March 31, 2023
Ratings as of Q1 2023
CONAGRA
BRANDS-
Duncan
Hines
Marie
Callender's
earth
balance
Healthy
Choice
Reddi
Wip
vlasic
NATURAL
Hunt's
Orville
Redenbachers
BIRDS EYE
ANGIE'S
BOOM
CHICKA
POP
Frontera
udis
Gluten Free
DUKES
PAM
17
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