SalesLeads announced today the October 2021 results for the new planned capital project spending report for the Food and Beverage industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 59 new projects in the Food and Beverage sector.
Food and Beverage Project Type
Processing Facilities – 46 New Projects
Distribution and Industrial Warehouse – 15 New Projects
Food and Beverage Project Scope/Activity
New Construction – 26 New Projects
Expansion – 16 New Projects
Renovations/Equipment Upgrades – 19 New Projects
Plant Closing – 4 New Projects
Food and Beverage Project Location (Top 10 States)
Texas – 6
Florida – 5
Michigan – 4
California – 4
Ohio – 3
Ontario – 3
Virginia – 3
Georgia – 3Â
Indiana – 2
Wisconsin – 2
Opportunities – By Equipment Need
Air Emissions Control Equipment – 44Â Â
Compressed Air Systems – 55
Control Systems and Instrumentation – 43
Conveyors – 49
Floor Coatings – 37
Material Handling/Storage Equipment – 54
Mechanical Construction – 50
Packaging Equipment – 40
Process Equipment – 39
Tanks/Vessels – 32
Largest Planned Project
During the month of October, our research team identified 9 new Food and Beverage facility construction projects with an estimated value of $100 million or more.Â
The largest project is owned by Leprino Foods, who is planning to invest $870 million for the construction of a processing facility in LUBBOCK, TX. They have recently received approval for the project.
Top 10 Tracked Food and Beverage Projects
KENTUCKY:Â
Company Name: Tyson Foods Inc.
Food processing company is planning to invest $355 million for the construction of a 400,000 sf processing facility in BOWLING GREEN, KY. They are currently seeking approval for the project. Completion is slated for late 2023.
Anticipated Investment: $355,000,000
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Cedric Ficklin – VP, Operations
Matt McCain – Assoc. Dir. Supply Chain
Shannon Davidson – Assoc. Dir. Procurement
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
NEBRASKA:Â
Company Name: Nature’s Variety, Inc.
Pet food mfr. is planning to invest $180 million for the construction of a 250,000 sf warehouse and processing facility at SW 32nd and West O St. in LINCOLN, NE. They are currently seeking approval for the project. They will consolidate regional operations upon completion.
Anticipated Investment: $180,000,000
Reason Behind Expansion: Establish a new warehouse and processing facility
Tax Incentives: $3,400,000
Project Contacts:
Bobby Harris – COO
Joanne Scheidt – VP, Supply Chain
Wes Oertli – Dir. of Capital Project Mgmt.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Equipment Relocation
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
WISCONSIN:Â
Company Name: Agropur US
Dairy products mfr. is planning to invest $168 million for a 210,000 sf expansion and equipment upgrades on their processing facility at 2701 Freedom Rd. in LITTLE CHUTE, WI. Completion is slated for early 2023.
Anticipated Investment: $168,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Doug Simon – President
Brian Rouse – Sr. Dir. Procurement
Kevin Kastenschmidt – Regional Dir. Engineering.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
VIRGINIA:
Company Name: Veronesi Holding S.P.A.
Specialty meat product mfr. is planning to invest $100 million for the construction of a processing and warehouse facility in HARRISONBURG, VA. They are currently seeking approval for the project. Completion is slated for Fall 2025.
Anticipated Investment: $100,000,000
Reason Behind Expansion: Establish a new warehouse and processing facility
Tax Incentives: $3,800,000
Project Contacts:
Luigi Fasoli – CEO
Lorenzo Didone – Group CIO
Alessandro Agnoli – Facilities Engineering Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
ONTARIO:Â
Company Name: Shogun Maitake
Mushroom processor is planning to invest $31 million for the construction and equipment upgrades on a 135,000 sf processing facility in THAMES CENTRE, ON. They have recently received approval for the project.
Anticipated Investment: $31,000,000
Reason Behind Expansion: Modernize equipment and construction of a processing facility
Tax Incentives: $4,500,000
Project Contacts:
Yoshinobu Odaira – CEO
Maeda Michiko – Production Supervisor
Equipment OppAlerts:
- Air Emissions Control Equipment
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
WASHINGTON:Â
Company Name: Alliance Freeze Dry
Pet food mfr. is planning for the construction of a 220,000 sf warehouse and processing facility at 675 Redwood Rd. in LYNDEN, WA. They have recently received approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new warehouse and processing facility
Tax Incentives: Undisclosed
Project Contacts:
Jason Pan – Operations Mgr.
Shawn Li – Plant Mgr.
Sherry Song – Procurement Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
- Tank/Vessels
MAINE:
Company Name: Fork Food Lab
Shared commercial kitchen service provider is planning for the renovation and equipment upgrades on a 42,000 sf production facility at 97 Darling Ave. in SOUTH PORTLAND, ME. They are currently seeking approval for the project and will relocate operations upon completion.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: Undisclosed
Project Contacts:
Bill Seretta – Exec. Dir.
Corinne Tompkins – General Mgr.
Nick Kafer – Operations Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Renovation
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Equipment Relocation
- Fire Protection Equipment
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Manufacturing Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
CALIFORNIA:Â
Company Name: TurtleTree
Food-tech company is planning for the renovation of a recently acquired 24,000 sf laboratory and office facility on Ramco St. in WEST SACRAMENTO, CA. Renovations are expected to start in early 2022, with completion slated for Summer 2022.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Renovation of a recently acquired laboratory and office facility
Tax Incentives: Undisclosed
Project Contacts:
Max Rye – Chief Strategist
Equipment OppAlerts:
- Compressed Air Systems
- Control Systems and Instrumentation
- Fire Protection Equipment
- Heat Exchangers
- HVAC Equipment
- Lighting
- Mechanical Construction
- Networking/Security Equipment
NEW JERSEY:Â
Company Name: Premio Foods
Specialty food products mfr. is planning for the renovation and equipment upgrades on a 19,000 sf refrigerated warehouse at 60 Fifth Ave. in HAWTHORNE, NJ. They have recently received approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment and renovation of a refrigerated warehouse
Tax Incentives: Undisclosed
Project Contacts:
John Haug – VP, Technical Services
Ramon Lopez – Dir. Manufacturing Operations
Steven Glaser – Maintenance Mgr.
Equipment OppAlerts:
- Compressed Air Systems
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
GEORGIA:Â
Company Name: Golden Harvest Food Bank
Food bank is expanding and planning to invest $2 million for the renovation of 13,000 sf of warehouse space in AUGUSTA, GA. They are currently seeking approval for the project.
Anticipated Investment: $2,000,000
Reason Behind Expansion: Renovation of warehouse space
Tax Incentives: Undisclosed
Project Contacts:
Amy Breitmann – Exec. Dir.
Norman Stafford – Dir. Operations
Equipment OppAlerts:
- Building Construction
- Building Renovation
- Compressed Air Systems
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Floor Coatings
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
About SalesLeads, Inc.
Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.Â
Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including:
- Industrial Manufacturing
- Plastics
- Food and Beverage
- Metals
- Power Generation
- Pulp Paper and Wood
- Oil and Gas
- Mining and Aggregates
- Chemical
- Research and Development
- Distribution and Supply Chain
- Pipelines
- Pharmaceutical
- Misc. Industrial Buildings
- Waste Water Treatment
- Data Centers
