Cold-Link Logistics, a Miami, Florida-based cold storage warehousing firm, has committed to purchase 40 acres of the City’s 27 Flags industrial site to construct a multi-phased cold storage facility to serve the growing food processing industry in the Sioux City region. The first phase of the project represents a capital investment of nearly $60 Million and will be the first industrial development on the site, creating 60 new jobs. The initial phase will include 185,000 square feet of cold storage warehousing space, approximately 20,000 pallet positions and blast freezing plus t