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December 2023 Ends with Modest Improvement with 67 New Food and Beverage Industry Planned Projects

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Sales Leads

SalesLeads announced today the December 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 as compared to 61 in November 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 – 46 New Projects

Distribution and Industrial Warehouse – 26 New Projects

Food and Beverage Project Scope/Activity

New Construction – 22 New Projects

Expansion – 27 New Projects

Renovations/Equipment Upgrades – 28 New Projects

Plant Closing – 3 New Projects

Food and Beverage Project Location (Top 10 States)

New York – 10

California – 6

Ohio – 6

Connecticut – 4

Florida – 3

Kentucky – 3

Nebraska – 3

Tennessee – 3

Texas – 3

Wisconsin – 3

Opportunities – By Equipment Need

Air Emissions Control Equipment – 45

Compressed Air Systems – 63

Control Systems and Instrumentation – 45

Conveyors – 57

Floor Coatings – 42

Material Handling/Storage Equipment – 64

Mechanical Construction – 55

Packaging Equipment – 42

Process Equipment – 41

Tanks/Vessels – 22

Largest Planned Project

During the month of December, 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 Plant Agricultural Systems, who is planning to invest $750 million for the construction of an 8 million sf growing and processing hydroponics farm in SANDERSON, FL. They have recently received approval for the project. Construction is expected to start in early 2024.

Top 10 Tracked Food and Beverage Projects

OHIO:

Company Name: Louis Dreyfus Company

Agricultural merchant and processing company is planning to invest $500 million for the construction of a soybean processing plant in UPPER SANDUSKY, OH. They have recently received approval for the project.

Anticipated Investment: $500,000,000

Reason Behind Expansion: Establish a new processing facility

Tax Incentives: Undisclosed

Project Contacts:

Johannes de Heer – EVP Operations

Mano Kumar – VP and CTO – Plant Proteins

Joana Giacomini – Supply Chain Logistics Mgr.
Equipment OppAlerts:

NEBRASKA:

Company Name: USDA – USACE Omaha

Governmental agency is planning to invest $160 million for the construction of a 145,000 sf institutional, processing, laboratory, and office facility on their campus in LINCOLN, NE. Construction is expected to start in Summer 2024.

Anticipated Investment: $160,000,000

Reason Behind Expansion: Establish a institutional, processing, laboratory, and office facility

Tax Incentives: Undisclosed

Project Contacts:

Michael Valivullah – CTO

Mark Rucker – Acting Dir. Office of Operations

Jodey Barnes-Edwards – Dpy. Dir., Office of Procurement and Property Management
Equipment OppAlerts:

WISCONSIN:

Company Name: Haribo of America

Candy mfr. is planning for the expansion of their processing and distribution facility in PLEASANT PRAIRIE, WI by 1.5 million sf. They are currently seeking approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Expansion of their processing and distribution facility

Tax Incentives: Undisclosed

Project Contacts:

Martin Smik – Dir. Construction and Infrastructure

Brent Butterfield – Sr. Mgr. Engineering and Maintenance

Joe Neary – Facilities Mgr.
Equipment OppAlerts:

MICHIGAN:

Company Name: WK Kellogg Co.

Breakfast cereal and snack food mfr. is planning to invest $44 million for the expansion, renovation, and equipment upgrades on their processing facility at 425 Porter St. in BATTLE CREEK, MI. They are currently seeking approval for the project.

Anticipated Investment: $44,000,000

Reason Behind Expansion: Modernize equipment, renovation, and expansion of their processing facility

Tax Incentives: $5,000,000

Project Contacts:

Mark Clapper – Director of Facility and Utility Systems

Larry Finney – Plant Mgr.

Lisa Emery – Project Mgr. Supply Chain
Equipment OppAlerts:

NEW YORK:

Company Name: Adirondack Beverages

Beverage company is planning to invest $16 million for the expansion and equipment upgrades on their processing facility in GLENVILLE, NY. They have recently received approval for the project.

Anticipated Investment: $16,000,000

Reason Behind Expansion: Modernize equipment and expansion of their production and warehouse facility

Tax Incentives: $2,175,000

Project Contacts:

Brian Aceto – Dir. Operations

Erina Jess – Dir. Purchasing and Product Development

Joe Mennella – Maintenance Mgr.
Equipment OppAlerts:

CONNECTICUT:

Company Name: Subway

Restaurant chain is planning for the construction of a 160,000 sf warehouse at 305 Subway in MILFORD, CT. They are currently seeking approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Establish a new warehouse facility

Tax Incentives: Undisclosed

Project Contacts:

Patrick Rose – Sr. Dir. Global Design and Construction

Robyn Batz – Sr. Dir. Supply Chain Transformation

Bradford Emmet – Director, IT Sourcing and Procurement
Equipment OppAlerts:

OHIO:

Company Name: Fresh Mark Inc.

Meat processing company is planning for a 38,000 sf expansion and equipment upgrades on their processing facility in SALEM, OH. They are currently seeking approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Modernize equipment and expansion of their processing facility

Tax Incentives: Undisclosed

Project Contacts:

Chris Dennis – Corporate Director of Contract Purchasing

Stephen Marsh – Maintenance Automation and Project Supervisor

William Faith – Warehouse Inventory and Maintenance Parts Mgr.
Equipment OppAlerts:

TEXAS:

Company Name: Vikmar Foods

Specialty food mfr. is planning for the renovation and equipment upgrades on a 35,000 sf warehouse in AUSTIN, TX. They have recently received approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Modernize equipment and renovation of a warehouse facility

Tax Incentives: Undisclosed

Project Contacts:

Jerry Bajus – VP Operations

Pankhuri Sandhu – Project Contact
Equipment OppAlerts:

INDIANA:

Company Name: Gleaners Food Bank of Indiana

Non-profit organization is planning for a 33,000 sf expansion and equipment upgrades at their warehouse and cold storage facility in INDIANAPOLIS, IN. They are currently seeking approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Modernize equipment and expansion of their warehouse and cold storage facility

Tax Incentives: Undisclosed

Project Contacts:

Fred Glass – CEO

Julie Beamer – COO

Ibzan Way – Building and Equipment Manager
Equipment OppAlerts:

WASHINGTON:

Company Name: Franz Bakery

Bakery is planning for the construction of a 17,000 sf warehouse at 3108 Ahtanum Ridge Dr. in UNION GAP, WA. They have recently received approval for the project.

Anticipated Investment: Undisclosed

Reason Behind Expansion: Establish a new warehouse facility

Tax Incentives: Undisclosed

Project Contacts:

Justus Larson – Sr. Dir. Operations

Michael Swatman – IT Director

Jim Davidson – Corporate Safety, Health and Environmental Mgr.
Equipment OppAlerts:

About Industrial SalesLeads, Inc.

Since 1959, Industrial 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  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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