Just two years into operations, Colds, a company specializing in logistics solutions and cold chain storage, has an ambitious expansion plan projecting a 140% growth by its third year of operation.
The surge in demand for cold chain logistics services stemmed from the need in the food industry for specialized services, noted David Guerrero, CEO of Colds, emphasizing that it’s one of the industries relying heavily on the integrity of this chain to keep food in optimal condition.
In 2021, the National Directory of Economic Units (DENUE), by the National Institute of Statistics and Geography (Inegi), reported 110 companies utilizing refrigerated storage, owning 176 refrigerated warehouses in the country. However, according to Guerrero, due to the increased demand for cold chain services, companies have had to invest in expanding storage capacities.
In an interview, Guerrero highlighted that Colds started with a thousand positions, and by the end of the first year, they already had 9,500 positions in their warehouses. By the close of the second year in March, Colds had 14,500 storage positions.
Currently, the company operates warehouses in Nuevo León, Estado de México, and recently in La Paz, Baja California Sur.
Their expansion plan includes the warehouse in La Paz, aimed at meeting the cold chain demand in that region and, consequently, in Los Cabos. This project came about due to a client’s need for space, serving as a pilot to eventually expand their offerings in that infrastructure.
“It puts us five years ahead because La Paz wasn’t on the radar, but there’s no cold storage player there. The way we’ve opened is a pilot because it’s a very small phase, and within the same park, we’re designing the development of a warehouse similar in size to Monterrey’s, with between four to six thousand positions,” Guerrero affirmed.
Additionally, he mentioned plans to expand their presence in Nuevo León with a new warehouse in the municipality of Guadalupe, as well as increasing their capacity in the Apodaca and Huehuetoca warehouses, Estado de México.
In this regard, Guerrero pointed out to T21 that as they grow, they are not losing sight of their clients’ needs, emphasizing Colds’ added value in focusing on client-centric services, aiming to tailor storage solutions to their specific needs.
“Our focus is on clients who may have special manufacturing needs, who in turn need to meet the demands of their clients, particularly in the highly demanding self-service sector. We aim to create a hybrid model, combining a personalized touch for the client with the best locations,” he stated in the interview.
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