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March 15, 2005
Caribbean Cold Storage Named An Approved Distributor For Yum Brands
Jacksonville based Caribbean Cold Storage has been named an approved distributor for Yum! Brands. They are one of only three companies in the United States approved as a distributor for the export market.
(PRWEB) March 15, 2005 -- Jacksonville based Caribbean Cold Storage has been named an approved distributor for Yum! Brands. They are one of only three companies in the United States to have such recognition. Yum! Brands is a holding company comprised of Pizza Hut, Taco Bell, Kentucky Fried Chicken, Long John Silver's and A&W Restaurants. They are a Fortune 300 Company based in Louisville, KY. They are the world's largest quick-service restaurant company with over 33,000 restaurants in 100 countries.
The road to becoming a Yum! Brands approved distributor is not an easy one. There are stringent guidelines and policies that a company must have in place to even be considered. Then, the facility must remain in compliance, which is verified through a series of annual audits.
"Developing a partnership with Yum! Brands is the perfect strategic match for our future diversification. Yum! Brands operates a centralized purchasing system, which puts all buyers on a level playing field," explained Paul Robbins, CEO. "This will allow Caribbean Cold Storage and Caribbean Shipping Services to showcase our strengths: Logistics and Export. I feel that our business is a wonderful complement to the Yum! Brands' operations."
“One of the long term goals of the Caribbean companies is to duplicate our East Coast business model on the West Coast by establishing warehousing, inland transportation and ocean service capabilities in that region,” adds Bill Reed, Special Assistant to the President. “We are thrilled with the opportunities presented to us by establishing a relationship with Yum! Brands.”
“We are very focused on our future growth right now. Currently, most of our customers associate us with refrigerated shipping, but we are working hard to expand our presence in the dry shipping arena,” said Robbins. “We already have the infrastructure in place to offer the same cost effective and reliable services to the dry freight market. We are always searching for strategic business partners who are interested in expanding their business where we are a significant player, and Yum! Brands definitely fits that description.”
Today Caribbean operates from their main offices in Jacksonville, FL and satellite offices in San Juan, PR, Charlotte, NC and Howell, NJ. The company has twice been named to INC Magazine’s list of 100 Fastest Growing Inner City Companies. Since 1999 they have also been included in the First Coast 50, a listing of the top fifty privately owned companies in Northeast Florida.
Posted by Industrial at March 15, 2005 11:58 PM