Franklin Self Storage, Store All, a Canadian private company, is purchasing 30 composite containers from Innovative Composites International Inc. (ICI) to launch a mobile-storage business.
The self-storage company has developed a container-handling system that significantly reduces weight, and offers a foldable design with increased durability.
The first 30 containers, engineered specifically to meet Franklin’s requirements, will be used in a Cambridge, Ontario, facility that will house several hundred containers once fully operational. Franklin is planning to roll out the concept as an agency business across approximately 50 cities in North America over the coming years. Every agent would initially commit to purchasing 27 containers and order additional containers as needed. Each location should have a target capacity of approximately 200 containers.
"The quality of the product being produced by ICI and the cutting-edge technologies used by the firm are a natural fit for Stor All and we felt confident in choosing ICI to engineer and manufacture our proprietary storage containers,” said owner Tony Campbell. “Our business is built on a premise of expansion and we feel having ICI as a supplier can help us grow exponentially."