Food and Beverage Report

Research by SalesLeads experienced industrial market research team, shows 67 new planned Food and Beverage industry projects tracked during the month of December.

Planned industrial project activity within the sector increased by 3% from the previous month, but is down 6% YTD from the previous year.

The following are selected highlights on new Food and Beverage industry construction news.

Food and Beverage Project Type

  • Processing Facilities – 53 New Projects
  • Distribution and Industrial Warehouse – 19 New Projects.

Food and Beverage Project Scope/Activity

  • New Construction – 22 New Projects
  • Expansion – 26 New Projects
  • Renovations/Equipment Upgrades – 30 New Projects
  • Plant Closing – 0 New Projects

Food and Beverage Project Location(Top 10 States)

  • Texas – 6
  • New York – 5
  • Ohio – 4
  • Indiana – 4
  • Michigan – 4
  • Wisconsin – 3
  • Florida – 3
  • Pennsylvania – 3
  • California – 2
  • Vermont – 2

Largest Planned Project
During the month of December, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Nestle USA, who is planning to invest $200 million for the renovation and equipment upgrades of their processing facility in ANDERSON, IN. They are currently seeking approval for the project.

FLORIDA:
Distillery is planning to invest $120 million for the construction of a 300,000 sf manufacturing facility in WINTER HAVEN, FL. They have recently received approval for the project. They expect to be operational in early 2021.

ARIZONA:
Food service company is planning to invest $46 million for the expansion of their distribution center in BULLHEAD CITY, AZ by 70,000 sf. They have recently received approval for the project.

CONNECTICUT:
Supermarket chain is planning for the renovation and equipment upgrades on recently leased 975,000 sf of distribution space at 1339 Tolland Turnpike in MANCHESTER, CT. They expect to occupy the space in April 2020.

IOWA:
Specialty food ingredients mfr. is planning to invest $29 million for a 20,000 sf expansion and equipment upgrades of their processing facility in CEDAR RAPIDS, IA. They have recently received approval for the project.

MISSOURI:
Dairy products mfr. is expanding and planning for the construction of a 420,000 sf distribution facility in CARTHAGE, MO. They are currently seeking approval for the project.

NORTH CAROLINA:
Produce company is planning to invest $86 million for the construction of a growing and processing complex in BURNSVILLE, NC. They have recently received approval for the project.

CALIFORNIA:
Dry fruit processing company has recently started the construction of a 300,000 sf processing facility in FRESNO, CA

PENNSYLVANIA:
Beer distributor is planning for the construction of two warehouse and distribution facilities totaling 300,000 sf at 2801 E. Township Line Rd. in HATFIELD, PA. They have recently received approval for the project.

VIRGINIA:
Indoor vertical farming company is planning to invest $42 million for the construction of a 150,000 sf growing and processing facility in DANVILLE, VA. They have recently received approval for the project.

Since 1959, SalesLeads, based out  of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Supplier Catalog - Software - Alithya

RELATED ARTICLESMORE FROM AUTHOR