Seattle-based investment company The Joshua Green Corporation (JGC), is buying a majority stake in Bellingham Cold Storage.
Bellingham Cold Storage has been wholly owned by the Talbot family since 1946.
After this sale, JGC will own a majority of the company, and the Talbot family will remain as shareholders.
Siblings Stowe and Jane Talbot — who also own the Barkley Village real estate development — are third-generation owners of Bellingham Cold Storage.
In late 2017, they decided to look for an investment partner that would enable the family to continue its involvement in the company at a reduced level while also encouraging its future growth.
