Ryder System, Inc. (NYSE: R), a leader in supply chain, warehousing, and transportation management solutions, today announced it has expanded its food packaging and distribution capability by investing in significant enhancements to its 327,000-square-foot food packaging and distribution center in Beaver Dam, Wis.
Strategically located in the heart of the Midwest’s agricultural region, the Beaver Dam Logistics Center (BDLC) serves food manufacturers with distribution, packaging, and production capabilities for a wide array of frozen and refrigerated foods. The facility, which features a low-temperature environment (-10° to 45° degrees Fahrenheit), was recently expanded with a 15,000-square-foot, temperature-controlled addition that has been equipped to package refrigerated and frozen foods, vegetables, fruits, and meats. Ryder also added a state-of-the-art packaging line with seven-station blending capability that includes high-speed robotic palletizing and automatic and semi-automatic cartoning. With a total expanded space of 342,000 square feet and the new technology, the BDLC will be able to add lines quickly and easily to meet increased volume requirements as well as provide packaging for a greater variety of products, packaging sizes, and blends.
“Increased consumer demand for frozen and refrigerated foods in convenient formats is driving food manufacturers to look for unique and cost-effective ways to better manage how they process, package and distribute their products,” said Darin Cooprider, Vice President of Consumer Packaged Goods, Ryder Supply Chain Solutions. “With this large, multi-client facility, our customers can take advantage of the investments Ryder has already made in the technology, equipment, and processing capabilities, while also enjoying the flexibility of a space that can be adjusted to meet their changing needs.”
Overall capabilities at the BDLC include vertical form-fill seal for vegetables, fruit, and other foods; blending and mixing; individual quick freeze (IQF); vegetable processing, including cleaning, cutting, inspection, and sorting; and high-speed robotic palletizing. Packaging formats include zipper top, pillow pack, steamer, and upright (doyen) bags. The BDLC processes approximately 75 million pounds of goods per year and features 40 shipping doors and three rail doors. It has a “Superior Rating” from AIB International and is Safe Quality Food (SQF) certified.
“Ryder offers primary and secondary packaging facilities in many U.S. markets,” added Mr. Cooprider. “With our logistics footprint across North America, our full suite of capabilities and our focus on excellence in execution, Ryder is well suited to provide both a turnkey solution that handles the entire food packaging and distribution process for our customers, as well as a solution adapted to meet specific customer needs, such as supplemental capacity during peak seasons.”
Ryder Supply Chain Solutions is a business segment of Ryder System, Inc. The SCS network includes over 28 million square feet of warehouse space and more than 230 warehouses in the U.S., Canada, Mexico, China, Singapore, and Europe.
Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and included Ryder in its 2011 and 2010 “Green Partners” listing. Ryder has also been ranked two years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, and Twitter.
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Cindy Haas, 305-500-4526
Marilu Del Toro, 305-500-3161
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