IMI SalesLeads announced today the November 2022 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 78 new projects in November versus the 71 in October2022 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 – 65 New Projects
Distribution and Industrial Warehouse – 22 New Projects
Food and Beverage Project Scope/Activity
New Construction – 32 New Projects
Expansion – 24 New Projects
Renovations/Equipment Upgrades – 34 New Projects
Plant Closing – 1 New Project
Food and Beverage Project Location (Top 10 States)
New York – 9
California – 6
Georgia – 5
Kentucky – 5
Ontario – 5
Iowa – 4
North Carolina – 4
Texas – 4
Wisconsin – 4
Florida – 3
Opportunities – By Equipment Need
Air Emissions Control Equipment – 63
Compressed Air Systems – 75
Control Systems and Instrumentation – 59
Conveyors – 69
Floor Coatings – 49
Material Handling/Storage Equipment – 77
Mechanical Construction – 69
Packaging Equipment – 57
Process Equipment – 56
Tanks/Vessels – 39
Largest Planned Project
During the month of November, our research team identified 6 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Diageo Americas Supply, Inc., who is planning to invest $415 million for the construction of a production facility in MONTGOMERY, AL. They are currently seeking approval for the project.
Top 10 Tracked Food and Beverage Projects
GEORGIA:
Company Name: Grupo Bimbo
Bakery company is expanding and planning to invest $200 million for the construction of a 2nd processing facility in VALDOSTA, GA. They have recently received approval for the project.
Anticipated Investment: $200,000,000
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Lee Falk – VP Supply Chain Logistics
Tony Sabulski – VP Procurement
Michael Flanagan – Senior Mgr., Facilities and Maintenance
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 – All
NEBRASKA:
Company Name: Greater Omaha Packing
Meat processing company is planning to invest $100 million for the expansion of their processing and warehouse facility in OMAHA, NE. They are currently seeking approval for the project. Completion is slated for 2026.
Anticipated Investment: $100,000,000
Reason Behind Expansion: Expansion of their processing and warehouse facility
Tax Incentives: Undisclosed
Project Contacts:
Ryan Abell – VP, Operations
Preston Dau – VP, Supply Chain
Curtis Hobscheidt – 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 – All
KENTUCKY:
Company Name: Double D Group LLC
Specialty food processing company is planning to invest $42 million for the renovation and equipment upgrades on a 333,000 sf processing and warehouse facility in GREENVILLE, KY. They have recently received approval for the project.
Anticipated Investment: $42,000,000
Reason Behind Expansion: Modernize equipment and renovation of a processing and warehouse facility
Tax Incentives: $3,000,000
Project Contacts:
Orrin Mclendon – General Mgr.
Mitch Forstie – Plant Mgr.
Stephanie Reid – Purchasing Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
IOWA:
Company Name: Benson Hill Inc.
Specialty food products mfr. is planning to invest $28 million for a 15,000 sf expansion and equipment upgrades on their processing facility 1310 E. Howard St. in CRESTON, IA. They have recently received approval for the project.
Anticipated Investment: $28,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Chris Wilkins – COO
Jack Thompson – Sr. Dir. Facilities and EHS
Louis Maull – Operations 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 – All
GEORGIA:
Company Name: FPL Food LLC
Meat processing company is planning for the renovation and equipment upgrades on their processing facility in AUGUSTA, GA. They are currently seeking approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment and renovation of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Lab Kolshi – EVP Operations
Phyllis Reed – Supply Chain Mgr.
Hazel Stevens – Purchasing Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Renovation
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
WASHINGTON:
Company Name: Charlie’s Produce
Fresh produce company is planning to invest $17 million for the construction of an 84,000 sf warehouse and office facility at 6505 W. 40th Ave. in SPOKANE, WA. They are currently seeking approval for the project. Completion is slated for late 2023.
Anticipated Investment: $17,000,000
Reason Behind Expansion: Establish a new warehouse and office facility
Tax Incentives: Undisclosed
Project Contacts:
Rob Billow – Division President
Brian Namatame – Dir. Procurement
Trevor Magney – Operations Mgr.
Equipment OppAlerts:
- Building Construction
- 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
NEW YORK:
Company Name: Best Bev
Beverage company is planning to invest $15 million for the renovation and equipment upgrades on a recently leased processing space at 830 Talmadge Hill Road South in WAVERLY, NY. They will relocate their operations upon completion.
Anticipated Investment: $15,000,000
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: $3,200,000
Project Contacts:
Angus Rittenburg – COO
Joseph Moleski – Plant Engineering Mgr.
Andrew Zimmerman – Production Planning Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- 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
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process Equipment
KANSAS:
Company Name: Schwan’s Company
Food processing company is planning for the expansion of their refrigerated distribution space in SALINA, KS by 140,000 sf. Construction is expected to start in 2023, with completion slated for early 2025.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Expansion of their distribution facility
Tax Incentives: Undisclosed
Project Contacts:
Mandi Kirkpatrick – Plant Dir.
Amit Save – Sr. Mgr. Operational Excellence
Mike Dehaven – Facilities Maintenance Mgr.
Equipment OppAlerts:
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- 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
NORTH CAROLINA:
Company Name: Adams Beverages
Beverage company is planning for the construction of a 108,000 sf warehouse and office facility at 2265 Mercantile Dr. in LELAND, NC. They are currently seeking approval for the project. The site allows for a future 129,500 sf expansion.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new warehouse and office facility
Tax Incentives: Undisclosed
Project Contacts:
Rob Passi – VP
Brendan Finnigan – General Mgr.
Drew Ezzell – Dir. Operations
Equipment OppAlerts:
- Building Construction
- 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
GEORGIA:
Company Name: Hodie Meats, Inc.
Startup meat processing company is planning for the renovation and equipment upgrades on a 45,000 sf processing facility at 2850 Gainesville Hwy in ALTO, GA. They have recently received approval for the project. Completion is slated for late 2022.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: Undisclosed
Project Contacts:
Alvaro Villaveces – Owner
Equipment OppAlerts:
- Air Emissions Control Equipment
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- Heat Exchangers
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
- Packaging Equipment
- Process 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.
Each month, our team provides hundreds of industrial reports within a variety of industries, including:
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