IMI SalesLeads announced today the January 2023 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 91 new projects in January as compared to 69 in December 2022 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 – 72 New Projects
Distribution and Industrial Warehouse – 20 New Projects
Food and Beverage Project Scope/Activity
New Construction – 35 New Projects
Expansion – 20 New Projects
Renovations/Equipment Upgrades – 45 New Projects
Plant Closing – 2 New Projects
Food and Beverage Project Location (Top 10 States)
Florida – 7
Pennsylvania – 7
California – 5
Michigan – 5
Ontario – 5
Virginia – 5
Kentucky – 4
South Carolina – 4
Wisconsin – 4
Ohio – 3
Opportunities – By Equipment Need
Air Emissions Control Equipment – 66
Compressed Air Systems – 82
Control Systems and Instrumentation – 66
Conveyors – 76
Floor Coatings – 48
Material Handling/Storage Equipment – 88
Mechanical Construction – 76
Packaging Equipment – 61
Process Equipment – 59
Tanks/Vessels – 35
Largest Planned Project
During the month of January, our research team identified 7 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by SK Food Group, who is planning to invest $205 million for the construction of a 525,000 sf processing facility in CLEVELAND, TN. They are currently seeking approval for the project. Construction is expected to start in late 2023, with completion slated for 2025.
Top 10 Tracked Food and Beverage Projects
MISSOURI:
Company Name: West Liberty Foods LLC
Food processing company is planning to invest $200 million for the construction of a 327,000 sf processing facility in KANSAS CITY, MO. They are currently seeking approval for the project.
Anticipated Investment: $200,000,000
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Brandon Achen – President and CEO
Ed Claussen – Dir. Engineering and Maintenance
Chad Schnepper – Operations 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 – All
- Tanks/Vessels – Stainless
LOUISIANA:
Company Name: Niagara Bottling LLC
Beverage company is planning to invest $160 million for the construction of a 500,000 sf processing facility in HAMMOND, LA. They have recently received approval for the project. Construction is expected to start in Spring 2023.
Anticipated Investment: $160,000,000
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: $750,000
Project Contacts:
Bill Hall – EVP, Manufacturing and Engineering
Bhaskar Tatke – VP, Supply Chain Planning
Todd Uhlick – VP, Expansion and Real Estate
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
- Tanks/Vessels – Stainless
IOWA:
Company Name: Upper Iowa Beef
Meat processing company is planning to invest $48 million for the expansion and equipment upgrades on their processing facility in LIME SPRINGS, IA. They have recently received approval for the project.
Anticipated Investment: $48,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Ed Greiman – General Mgr.
Dan Reynolds – Plant Mgr.
Michelle Ruggeberg – Purchasing Lead
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
- Tanks/Vessels – Stainless
SOUTH CAROLINA:
Company Name: Highland Baking Company
Bakery is planning to invest $35 million for the expansion and equipment upgrades on their processing facility in SPARTANBURG, SC. They have recently received approval for the project. Completion is slated for late 2023.
Anticipated Investment: $35,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Ronnie Williams – Dir. Engineering
Ricky Lewis – Production Mgr.
Jimmy White – Asst. Maintenance 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
- Tanks/Vessels – Stainless
SOUTH DAKOTA:
Company Name: CHS Inc.
Agribusiness company is planning for the construction of a 1.1 million sf grain house and shuttle complex in SIOUX FALLS, SD. They are currently seeking approval for the project. Construction is expected to start in Spring 2023.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Kevin Hall – VP, Supply Chain and Continuous Improvement Agriculture
Scott Pearson – Dir. Operations, EHS, and Energy Equipment
Roger Tschida – Dir. Real Estate
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
MONTANA:
Company Name: Montana Specialty Mills LLC
Oilseed mill is planning to invest $15 million for the expansion and equipment upgrades on their processing facility in GREAT FALLS, MT. They are currently seeking approval for the project. Completion is slated for early 2024.
Anticipated Investment: $15,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Dave Loboy – President
Todd Toney – Plant Mgr.
Christopher Knight – Dir. Operations
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
- Tanks/Vessels – Stainless
FLORIDA:
Company Name: IMG Citrus
Citrus grower is planning for the renovation and equipment upgrades on a recently acquired 185,000 sf processing, warehouse, and cold storage facility in VERO BEACH, FL.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment and renovation of a processing, warehouse, and cold storage facility
Tax Incentives: Undisclosed
Project Contacts:
Melanie Ressler – Co-CEO
Timothee Sallin – Co-CEO
Chloe Gentry – Co-CEO
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
- Tanks/Vessels – Stainless
CALIFORNIA:
Company Name: Costco Wholesale Corporation
Global food and retail chain is planning for the construction of a 161,000 sf warehouse at 3881 E. Commerce Way in SACRAMENTO, CA. They are currently seeking approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new warehouse facility
Tax Incentives: Undisclosed
Project Contacts:
Mark Mattis – VP Supply Chain
Tim Anderson – AVP Construction
Seth Katz – AVP Real Estate
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
OHIO:
Company Name: International Food Solutions
Frozen food processing company is planning to invest $9.6 million for the renovation and equipment upgrades on a recently acquired 29,000 sf processing facility in CLEVELAND, OH.
Anticipated Investment: $9,600,000
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: Undisclosed
Project Contacts:
Lincoln Yee – Co-President
Allan Lam – Co-President
Aahtyn Hilger – VP Operations
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
- Tanks/Vessels – Stainless
CALIFORNIA:
Company Name: Marquez Brothers International, Inc.
Cheese mfr. is planning for a 55,000 sf expansion, renovation, and equipment upgrades on their processing facility in HANFORD, CA. They are currently seeking approval for the project. Construction will occur in 4 phases.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Modernize equipment, expansion, and renovation of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Victor Flores – EHS Dir.
Jason Firkus – Project and Infrastructure Manager
Mike Quezada – Production Mgr.
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Construction
- Building Renovation
- 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
- Tanks/Vessels – Stainless
About IMI SalesLeads, Inc.
Since 1959, IMI 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. Visit us at salesleadsinc.com.
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