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    AMCON Distributing Company Acquires A New Distribution Facility Located In Colorado City, Colorado.

    2/23/24 9:16:02 AM ET
    $DIT
    Food Distributors
    Consumer Discretionary
    Get the next $DIT alert in real time by email

    AMCON Distributing Company ("AMCON") (NYSE:DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has acquired a new distribution facility located in Colorado City, Colorado.

    "This strategic move represents a significant expansion of our operations and underscores AMCON's commitment to enhanced service for our customers in the Rocky Mountain, Intermountain and Southwest regions of the United States. We are making meaningful additional investments to this facility to expand the frozen and refrigerated footprint to support our growing foodservice initiatives," said Christopher H. Atayan, AMCON's Chairman and Chief Executive Officer. Mr. Atayan further noted, "Our team is working closely with the Southern Colorado Economic Development District ("SCEDD"), as we seek to become the premier employer and support economic growth in Pueblo County."

    The facility is 249,200 square feet set on 38 acres and will feature significant refrigerated and frozen capability, refrigerated docks, extensive docks, parking and excess land for future expansion. Zoning/certifications include I-2 (Heavy Industrial) and Level 1 Certified Food Facility.

    Andrew C. Plummer, AMCON's President and Chief Operating Officer noted, "This facility aligns with AMCON's strategic geographic growth objectives and enables us to significantly enhance our distribution capabilities. The prime location and extensive amenities of this new distribution facility will enable us to provide cutting edge service to our customers and accommodate a diverse range of needs across the Colorado, Utah, New Mexico, Texas, Oklahoma Panhandle, and Western Kansas markets."

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