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62 New Food and Beverage Industry Planned Projects with 25% Increase in Distribution and Industrial Warehouses for February 2023

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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:

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:

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:

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:

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:

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:

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:

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:

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:

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:

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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