2023-03-06 08:12:10 ET
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G. Willi-Food ( NASDAQ: WILC ) received a building permit to construct a new refrigerated and frozen distribution center with an investment of $24.6M.
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The permit was received after a year and a half of planning and obtaining approvals from various authorities.
- The new logistics center will be built on property owned by the company in Yavne, adjacent to the old logistics center currently in operation and will allow the company to significantly expand its storage, collection and distribution space in order support the company's continued growth and increased activity in the Israeli food market, including expansion into new categories and increasing market share.
- The center will be automated and computerized and designed to effectively and efficiently support the company's expansion and growth plans for the coming years, including the potential entry into new product categories, of frozen and chilled foods.
For further details see:
G Willi Food to construct a new logistics center with an investment of $24.6M