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Stock impact report

Lineage Celebrates Expansion of Hobart, Indiana Facility

Lineage, Inc. (LINE) 
Company Research Source: Business Wire
The celebration included a ribbon cutting ceremony with community leaders; local non-profit organizations received $50,000 in grants NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, celebrated the latest expansion of its cold storage facility in Hobart, Indiana. The project added approximately 188,000 square feet of space and 58,000 pallet positions featuring next-generation automation technology to Lineage’s existing Hobart site. This is the third expansion of the building since 2008, making it the Company’s largest North American facility serving multiple customers.“This Hobart expansion represents an investment in innovation and supply chain solutions connectivity that helps our customers succeed,” said Greg Bryan, Chief Integrated Solutions Officer at Lineage. “As part of our Velocities program, this project shows how we’re working alongside our customers to provide cost competitive and Show less Read more
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