IMI SalesLeads announced today the March 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 67 new projects in March as compared to 62 in February 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 – 47 New Projects
Distribution and Industrial Warehouse – 20 New Projects
Food and Beverage Project Scope/Activity
New Construction – 29 New Projects
Expansion – 15 New Projects
Renovations/Equipment Upgrades – 24 New Projects
Plant Closing – 5 New Projects
Food and Beverage Project Location (Top 10 States)
Tennessee – 4
Ontario – 4
California – 3
Illinois – 3
Michigan – 3
New York – 3
Virginia – 3
Florida – 2
Georgia – 2
Idaho – 2
Opportunities – By Equipment Need
Air Emissions Control Equipment – 46
Compressed Air Systems – 61
Control Systems and Instrumentation – 46
Conveyors – 52
Floor Coatings – 37
Material Handling/Storage Equipment – 59
Mechanical Construction – 54
Packaging Equipment – 40
Process Equipment – 38
Tanks/Vessels – 24
Largest Planned Project
During the month of March, our research team identified 5 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by McCain Foods, who is planning to invest $600 million for the expansion and equipment upgrades on their processing facility in COALDALE, AB. They have recently received approval for the project. Completion is slated for late 2023.
Top 10 Tracked Food and Beverage Projects
GEORGIA:
Company Name: Sam’s Club
Membership-only grocery and retail chain is planning to invest $142 million for the construction of a distribution center at 1000 Douglas Hill Rd. in LITHIA SPRINGS, GA. They have recently received approval for the project.
Anticipated Investment: $142,000,000
Reason Behind Expansion: Establish a new distribution facility
Tax Incentives: Undisclosed
Project Contacts:
Matt Connolly – VP Supply Chain, Distribution
RJ Zanes – Sr. Dir. Facilities Maintenance
Patrick Adolphson – Sr. Mgr. Design and Construction
Equipment OppAlerts:
- 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
TENNESSEE:
Company Name: WebstaurantStore
Online restaurant supply retailer is planning to invest $104 million for the renovation and equipment upgrades on a 980,000 sf distribution center in LEBANON, TN. They are currently seeking approval for the project. Completion is slated for late 2023.
Anticipated Investment: $104,000,000
Reason Behind Expansion: Modernize equipment and renovation of a distribution facility
Tax Incentives: Undisclosed
Project Contacts:
Jamie Yoder – VP, Operations
Caleb Clugston – VP Network optimization
Isaac Shertzer – Distribution Center GM
Equipment OppAlerts:
- Building Renovation
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Fire Protection Equipment
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
SOUTH CAROLINA:
Company Name: Southern Glazer’s Wine & Spirits
Beverage distribution company is planning to invest $80 million for the construction of a distribution center in WEST COLUMBIA, SC. They are currently seeking approval for the project and will relocate their operations upon completion.
Anticipated Investment: $80,000,000
Reason Behind Expansion: Establish a new distribution facility
Tax Incentives: Undisclosed
Project Contacts:
Steve Baker – EVP and GM
Johnny Burg – VP, Operations
Sonny Blocker – Dir. Facility Operations
Equipment OppAlerts:
- Building Construction
- Compressed Air Systems
- Control Systems and Instrumentation
- Conveyors
- Cranes and Hoists
- Equipment Relocation
- Fire Protection Equipment
- Floor Coatings
- HVAC Equipment
- Lift Trucks
- Lighting
- Loading Dock Equipment
- Material Handling/Storage Equipment
- Mechanical Construction
- Networking/Security Equipment
KANSAS:
Company Name: Chick-fil-A Supply
Restaurant chain is planning to invest $31 million for the construction of a 148,000 sf distribution center in OLATHE, KS. They are currently seeking approval for the project. Completion is slated for early 2024.
Anticipated Investment: $31,000,000
Reason Behind Expansion: Establish a new distribution facility
Tax Incentives: Undisclosed
Project Contacts:
Tyrone Dillard – Sr. Dir. Real Estate
Wallis Shoppy – Sr. Dir. Corporate Procurement
Christianna Hansen – Sr. Project Coord., Facilities and Projects
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
WASHINGTON:
Company Name: No Meat Factory (NMF)
Specialty meat product mfr. is planning to invest $20 million for the renovation and equipment upgrades on a 200,000 sf processing facility at 10120 269th Place in STANWOOD, WA. They have recently received approval for the project. Completion is slated for late 2023.
Anticipated Investment: $20,000,000
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: $200,000
Project Contacts:
Leon Bell – COO
Pablo Morales Rico – Operations Mgr.
Braydon Spraggs – Production 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
- Tanks/Vessels – Stainless
NEBRASKA:
Company Name: Wholestone Farms
Meat processing company is planning for the expansion of their processing facility in FREMONT, NE by 112,000 sf. They are currently seeking approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Expansion of their processing facility
Tax Incentives: $25,000,000
Project Contacts:
Steve Weers – COO
Warren Percell – VP, IT
Jim Peterman – Dir. Purchasing
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
NEW JERSEY:
Company Name: Massimo Zanetti Beverage USA
Coffee company is planning for the construction of a 103,000 sf warehouse at 10 Empire Blvd. in MOONACHIE, NJ. They are currently seeking approval for the project.
Anticipated Investment: Undisclosed
Reason Behind Expansion: Establish a new warehouse facility
Tax Incentives: Undisclosed
Project Contacts:
Douglas Nesmith – SVP Supply Chain
Bobby Baucom – Facilities Maintenance Mgr.
Kelli Seal – Purchasing 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
FLORIDA:
Company Name: Performance Food Group
Food service distributor is planning to invest $10 million for the renovation and equipment upgrades on a processing facility in KISSIMMEE, FL. They will consolidate their regional operations upon completion in Spring 2024.
Anticipated Investment: $10,000,000
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: $290,000
Project Contacts:
Jeff Williamson – Corporate SVP, Operations
Chris Crowe – VP, Real Estate
Tom Butchko – VP, Warehousing and Engineering
Equipment OppAlerts:
- Air Emissions Control Equipment
- Building Renovation
- 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
TENNESSEE:
Company Name: MDS Foods
Cheese mfr. is planning to invest $9 million for the expansion of their manufacturing facility in TULLAHOMA, TN by 58,000 sf. They have recently received approval for the project.
Anticipated Investment: $9,000,000
Reason Behind Expansion: Expansion of their processing facility
Tax Incentives: Undisclosed
Project Contacts:
Madison Straughn – General Mgr.
Scott Ward – 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
MISSOURI:
Company Name: Jones Poultry
Poultry processing company is planning to invest $6 million for the renovation and equipment upgrades on a 167,000 sf processing facility in HANNIBAL, MO. They have recently received approval for the project. Completion is slated for early Summer 2023.
Anticipated Investment: $6,000,000
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tax Incentives: Undisclosed
Project Contacts:
Duane Venvertloh – CEO
Shelby Venvertloh – Dir. of Operations
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
- 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.
Each month, our team provides hundreds of industrial reports within a variety of industries, including:
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