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For example, there is an increasing need for distributors to use cold rooms to hold finished products at various temperatures.
This is important in warehouse storage as well as in delivery trucks that hold the perishable goods.
Conveyors, Racking, Packaging and Wrapping Equipment Automated equipment can increase speed while also reducing labor costs.
To create efficiencies in operations, improve safety and reduce breakage and labor costs, distributors may want to capitalize on advances in automation and technology—such as automated warehouse equipment (e.g., Vertique systems) or voice pick systems.
Furthermore, new technology may yield greater efficiency in accounting and logistics.
Additionally, for unpasteurized beer, cold storage is essential on trucks and trailers to preserve product freshness—which consumers today demand.
Executive Director of Beverage Finance, Commercial Banking Karyn Miller has more than 23 years in the banking industry, and her last six years have been focused in Beverage Finance. Morgan’s 65-year focus on the industry that covers over 130 beverage clients nationwide with nearly .4 billion in commitments. or Chase Investment Services Corporation or by such other affiliates as may be appropriate to provide such services under applicable law.
In her current role as Executive Director for the national Beverage Finance team, she leads a team that is dedicated to understanding and finding solutions for the unique financial and operational challenges of the beverage space. Director of Asset Valuation, Equipment Finance, Commercial Banking Mike O’Grady has 19 years of valuation experience focusing on numerous asset types from various industries. Morgan and JPMorgan Chase are marketing names for certain businesses of JPMorgan Chase & Co. Such securities are not deposits or other obligations of any such commercial bank, are not guaranteed by any such commercial bank and are not insured by the Federal Deposit Insurance Corporation.