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59 New Food and Beverage Industry Planned Project Reports – October 2021 Recap

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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.

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

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 – 3 

Indiana – 2

Wisconsin – 2

 

Opportunities – By Equipment Need

Air Emissions Control Equipment – 44  

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. 

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: 

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:

 

NEBRASKA: 

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:

 

WISCONSIN: 

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:

 

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:

 

ONTARIO: 

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:

 

WASHINGTON: 

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:

 

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:

 

CALIFORNIA: 

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:

 

NEW JERSEY: 

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:

 

GEORGIA: 

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:

 

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. 

Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including:

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