IMI SalesLeads announced today the February 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 62 new projects in the Food and Beverage sector. A 25% increase in distribution and industrial warehouse projects reported from the previous month with California leading the way with 9 projects.
The following are selected highlights on new Food and Beverage industry construction news.
Food and Beverage Project Type
Processing Facilities – 38 New Projects
Distribution and Industrial Warehouse – 25 New Projects
Food and Beverage Project Scope/Activity
New Construction – 28 New Projects
Expansion – 17 New Projects
Renovations/Equipment Upgrades – 19 New Projects
Plant Closing – 4 New Projects
Food and Beverage Project Location (Top 10 States)
California – 9
Wisconsin – 5
Texas – 4
Michigan – 3
New Jersey – 3
Pennsylvania – 3
Tennessee – 3
Connecticut – 2
Florida – 2
Indiana – 3
Opportunities – By Equipment Need
Air Emissions Control Equipment – 32
Compressed Air Systems – 55
Control Systems and Instrumentation – 33
Conveyors – 49
Floor Coatings – 39
Material Handling/Storage Equipment – 54
Mechanical Construction – 51
Packaging Equipment – 30
Process Equipment – 29
Tanks/Vessels – 19
Largest Planned Project
During the month of February, our research team identified 2 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Rich Products Corporation, who is planning to invest $117 million for a 159,000 sf expansion and equipment upgrades on their processing facility in BROWNSVILLE, TX. They are currently seeking approval for the project.
Top 10 Tracked Food and Beverage Projects
FLORIDA:
Company Name: Danone North America
Dairy product mfr. is planning to invest $65 million for the expansion and equipment upgrades on their processing facility in JACKSONVILLE, FL. They have recently received approval for the project.
Anticipated Investment: $65,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: $3,600,000
Project Contacts:
John Jennings – Plant Mgr.
Bobby Hayden – Plant Controller
Kathy Koutnik – 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 – All
- Tanks/Vessels – Stainless
MISSOURI:
Company Name: Refresco North America
Beverage company is planning to invest $22 million for the expansion and equipment upgrades on their processing facility in TRUESDALE, MO. They are currently seeking approval for the project.
Anticipated Investment: $22,000,000
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Tom Jablonsky – VP, Operations
Joe Emling – VP, Supply Chain
Steven Kaufman – Dir. Real Estate
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
BRITISH COLUMBIA:
Company Name: Red Bull North America
Beverage company is planning for the construction of a 185,000 sf processing facility in CHILLIWACK, BC. They are currently seeking approval for the project. Construction is expected to start in 2024.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Brad Paris – SVP Operations
Rufus Jones – Construction Sr. Mgr., Real Estate
Adam Babcock – Sr. Mgr. Supply Chain
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
MINNESOTA:
Company Name: CHS Oilseed Processing Mankato
Grain processor is planning to invest $11 million for the expansion of their processing facility in MANKATO, MN. They have recently received approval for the project.
Anticipated Investment: $11,000,000
Reason Behind Expansion: Expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Scott Pearson – Dir. Operations
Nick Lindberg – Engineering Dir. Global Grain and Processing
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
NEW JERSEY:
Company Name: Relema Inc
Meat distributor is planning for the construction of a 138,000 sf processing facility on W. Garden Rd. in VINELAND, NJ. They have recently received approval for the project. Construction will occur in phases.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new processing facility
Tax Incentives: Undisclosed
Project Contacts:
Stefano Tedesco – General Mgr.
Carlos Calderon – 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
- Tanks/Vessels – Stainless
CALIFORNIA:
Company Name: O’Connell Family Wines
Winery is planning for the construction of a 128,000 sf production facility at 4110 Dry Creek Rd. in NAPA, CA. They are currently seeking approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new production facility
Tax Incentives: Undisclosed
Project Contacts:
Gabrielle O’Connell – Co-Owner
Wayne O’Connell – Co-Owner
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
CALIFORNIA:
Company Name: The Ugly Company
Specialty snack food mfr. is planning to invest $9 million for equipment upgrades on their processing facility in FARMERSVILLE, CA. They are currently seeking approval for the project.
Anticipated Investment: $9,000,000
Reason Behind Expansion: Modernize equipment of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Ben Moore – CEO
Elizabeth Salazar – COO
Equipment OppAlerts:
- Air Emissions Control Equipment
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Heat Exchangers
- Lift Trucks
- Material Handling/Storage Equipment
- Packaging Equipment
- Process Equipment
- Tanks/Vessels – Stainless
ALBERTA:
Company Name: Brauerei Fahr
Brewery is planning to invest $6 million for the construction of a 25,000 sf production, storage, and event facility in DIAMOND VALLEY, AB. They have recently received approval for the project. Construction is expected to start in Summer 2023.
Anticipated Investment: $6,000,000
Reason Behind Expansion: Establish a new production, storage, and event facility
Tax Incentives: Undisclosed
Project Contacts:
Jochen Fahr – Owner
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
TENNESSEE:
Company Name: Tri-City Wholesale
Wholesale grocery distributor is planning to invest $5.9 million for the construction of a 53,200 sf warehouse and storage facility at 3525 Winchester Rd. in MEMPHIS, TN. They are currently seeking approval for the project.
Anticipated Investment: $5,900,000
Reason Behind Expansion: Establish a new warehouse and storage facility
Tax Incentives: Undisclosed
Project Contacts:
Ray Elk – Co-Owner
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
ILLINOIS:
Company Name: Woodman’s Food Market
Grocery store chain is planning for a 68,000 sf expansion of their warehouse facility at 151 Hansen Blvd. in NORTH AURORA, IL. They are currently seeking approval for the project. Completion is slated for Fall 2023.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Expansion of their warehouse facility
Tax Incentives: Undisclosed
Project Contacts:
Clinton Woodman – President
Bret Backus – VP, Real Estate
Charles Wright – VP, Procurement
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
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.
Each month, our team provides hundreds of industrial reports within a variety of industries, including:
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- Oil and Gas
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- Chemical
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