U.S. Cold Storage's recent purchase of a Lebanon County property won't lead to jobs anytime soon.
Representatives from the Voorhees, N.J.-based refrigeration company said the buy of the Bethel Township land is for future use, and there are no plans for development.
“(U.S. Cold Storage) has no immediate plans for this property,” Mickey Hoffman, director of corporate development, wrote in an email. “It will be kept as a land bank for future growth in Pennsylvania.”
In October, U.S. Cold Storage bought a 24.5-acre property along Route 22 in the township for $3,428,600, according to records. Company officials said in the summer the site was under consideration for a $21 million distribution warehouse.
The Bethel Township site would give easy access to both the Interstate 81 and I-78 corridors. However, the company already has one distribution facility in Pennsylvania on the I-81 corridor in Hazleton and another on the I-78 corridor in Bethlehem. Both locations have more than 13 million cubic feet of storage space, according to U.S. Cold Storage’s website.
The company also has proposed a new distribution facility in Richland Township, Bucks County, near Quakertown, according to the township’s website. It has 35 facilities in 12 states.