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Stock impact report

Lineage Breaks Ground on New Automated Facility in Dallas Market

Lineage, Inc. (LINE) 
Company Research Source: Business Wire
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, broke ground recently on its newest automated cold storage facility in the Dallas Metroplex. The project is part of Lineage’s previous announcement to design, build and operate two next-generation cold storage warehouses that expand automation capabilities in key U.S. markets for a long-time customer.Lineage’s facility is strategically located in Hutchins, Texas, to support the needs of food and beverage producers, retailers and distributors. With its central position in the continental U.S. and combination of major highways, airports and rail lines, the Dallas area can reach a significant majority of the U.S. population and international markets like Mexico quickly and efficiently.“Dallas has long been a key market for Lineage, serving as a critical connecting point between food producers and the global food supply chain,” said Tim Smith, C Show less Read more
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