GATX Corporation (ticker: GMT, exchange: New York Stock Exchange (.N))
News Release -
GATX Logistics and Agrilink Foods Finalize Logistics AgreementJACKSONVILLE, April 1--GATX Logistics, Inc., and Agrilink Foods, Inc., a wholly owned subsidiary of Pro-Fac
Cooperative (Nasdaq:PFACP) today jointly announced that they have completed a logistics agreement for GATX Logistics to
be the sole source for integrated logistics services for the Midwestern operations of Agrilink's Curtice Burns business unit.
GATX Logistics will provide freight management, packaging and labeling services, and distribution support for
work-in-process and finished products to and from Curtice Burns' production facilities located in and around Coloma,
Michigan. Terms of the agreement were not released.
Agrilink Foods, Inc. processes and markets a variety of product lines of regional branded, private label and food service
products in facilities located throughout the United States. Pro-Fac Cooperative, an agricultural marketing cooperative which
consists of more than 600 members, processes fruits, vegetables and popcorn through Agrilink Foods, Inc. Curtice Burns is
Agrilink's largest business unit, with plant facilities in Delaware, Georgia, Michigan, New York, and Texas. Product lines
include fruit fillings, desserts, frozen vegetables, cheese sauces, puddings, and canned chili beans, marketed under well known
brands such as Comstock, Thank You, Wilderness, McKenzie and Brooks.
GATX Logistics, Inc., a leading provider of contract logistics services, helps its broad customer base manufacture, store,
process and deliver its products through a wide range of integrated logistics services. GATX Logistics is a subsidiary of
Chicago-based GATX Corporation (NYSE:GMT).
GATX Corporation provides more than $6 billion of service-enhanced assets primarily used to help its customers transport,
store, or distribute their products and information. GATX's assets include railcars and locomotives, bulk liquid terminals and
pipelines, ships, warehouses, commercial aircraft, technology equipment, and other capital assets and related services
worldwide. GATX also offers a variety of financial services focusing on owning or managing transportation and distribution