JULY 2023CONSTRUCTIONBUSINESSREVIEW.COM6In the vast and intricate world of supply chain management, cold storage construction stands as a critical pillar that ensures the integrity and safety of temperature-sensitive goods. From perishable foods to pharmaceuticals and chemicals, cold storage facilities provide the essential infrastructure for preserving freshness and maintaining product quality.The preservation of freshness and safety lies at the core of cold storage construction. These facilities are meticulously designed and constructed to create controlled environments with precise temperature, humidity, and ventilation parameters. Insulated panels, advanced refrigeration systems, and sophisticated monitoring technology work in harmony to maintain optimal conditions for perishable goods.The advent of digital technologies has revolutionized cold storage construction by introducing advanced monitoring and traceability systems. Real-time monitoring systems track temperature, humidity, and other vital parameters to ensure optimal storage conditions. Automated alerts and notifications enable swift responses to any deviations, minimizing the risk of product damage. Furthermore, integrated traceability systems allow for accurate tracking of products throughout the storage process, enhancing transparency and enabling efficient recall management.According to Grand View Research, the global cold storage market is expected to reach $326.2 billion by 2028, growing at a compound annual growth rate (CAGR) of 12.5 percent between 2021 and 2028. The key factors driving this growth include rising demand for perishable food goods, medications and the expansion of organized retail.This edition of Construction Business Review delivers a bird's-eye view of recent developments in the cold storage construction arena and insights into how organizations can align with these trends and adopt new ways to replace cold storage practices.We have curated thought leadership articles from industry experts, including May Winfield, Global Director of Commercial, Legal, and Digital Risks, Buro Happold and Jason Ponosh, Construction Director, Clough.We also took a deep dive into market trends to narrow down the list of companies delivering innovative cold storage construction services. Equipped with innovative capabilities, companies like GEMCO, CleanSpace, North American Fire Protection, Triumph Specialty Construction, and S&S Refrigeration help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Construction Business Review will help you identify and build the partnership you and your organization need to succeed.Let us know your thoughts!Building the Backbone of Temperature-Controlled LogisticsEDITORIALCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsVisualizersJames D. PhillipsRobert MathewsManaging Editoreditor@constructionbusinessreview.comJULY - 15- 2023, Vol 03 Issue 14 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Email:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com
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