Expansion includes four acquisitions and two greenfield developments with full automation.
Lineage, Inc. has entered a definitive agreement to acquire four cold storage warehouses from Tyson Foods, Inc. as part of a broader $1 billion investment to expand its U.S. cold-chain footprint. The deal also includes plans to develop two fully automated warehouses in major distribution markets, reinforcing the long-standing relationship between the two companies.
The acquired facilities, located in Pottsville (PA), Olathe (KS), Rochelle (IL), and Tolleson (AZ), total approximately 49 million cubic feet with 160,000 pallet positions. The transaction is valued at $247 million and is expected to close in Q2 2025, pending customary conditions. Lineage also plans to retain over 1,000 Tyson Foods employees from the sites.
In parallel, Lineage will invest over $740 million in greenfield developments for two next-generation, fully automated warehouses. These facilities will add more than 80 million cubic feet and nearly 260,000 pallet positions to Lineage’s U.S. network. Tyson Foods will serve as the anchor tenant in both facilities under a new long-term agreement. Additionally, Tyson will begin storing product at Lineage’s recently developed automated warehouse in Hazelton, Pennsylvania, which features Lineage’s proprietary LinOS warehouse execution system.
“This transaction is the result of a longstanding relationship rooted in shared values,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage. “We’re proud to partner with our valued customer on these landmark agreements, leveraging our global footprint, data-driven approach, LinOS, and automation technology.”
Lehmkuhl added, “We’re creating more than cold storage infrastructure—we’re setting the foundation for agile, intelligent supply chains built for resilience and precision.”
As the greenfield sites become operational, Lineage plans to transition the acquired facilities into public cold storage assets as part of its global network strategy.
