• Food and Beverage Industry News and Planned Industrial Project Reports - June 2019 Recap

    Posted On Monday, July 1, 2019 by SalesLeads, Inc.

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    Research by SalesLeads’ experienced industrial market research team, shows 70 new planned Food and Beverage industry projects tracked during the month of June.

    Planned industrial project activity within the sector decreased by 21% from the previous month, but is up 2.5% YTD from the previous year.

    The following are selected highlights on new Food and Beverage industry construction news.

    Food and Beverage Project Type

              Processing Facilities - 56 New Projects

              Distribution and Industrial Warehouse - 18 New Projects

             

    Food and Beverage Project Scope/Activity

              New Construction - 25 New Projects

              Expansion - 16 New Projects

              Renovations/Equipment Upgrades - 32 New Projects

              Plant Closing - 2 New Projects

     

    Food and Beverage Project Location(Top 10 States)

              Texas - 7

              Ohio - 4

              Kentucky - 4

              Massachusetts - 4

              California - 3

              New York - 3

              Nebraska - 3

              North Carolina - 3

              Florida - 3

              Missouri - 2

             

    Largest Planned Project

    During the month of June, our research team identified 2 new Food and Beverage facility construction projects with an estimated value of $100 million of more.

     The largest project is owned by Ben E Keith Company, who is planning to construct a new, 425,000 square foot office and distribution center in New Brockton, AL. Construction is expected to start in Dec. 2019. They will relocate their corporate HQ operations upon completion in Dec. 2021.

      

    Top 10 Tracked Food and Beverage Projects

    ALBERTA:

    Fresh produce company is planning for the expansion of their greenhouse facility in MEDICINE HAT, AB by 435,000 sf. Construction is expected to start in Fall 2019.

    IOWA:

    Specialty farm is planning to invest $35 million for the construction of a hydroponic facility in MASON CITY, IA. They are currently seeking approval for the project.

    NEBRASKA:

    Meat products mfr. is investing $95 million and has recently started a 107,000 sf expansion and equipment upgrades on their processing facility in GRAND ISLAND, NE. Completion is slated for early 2021.

    NEW HAMPSHIRE:

    Meat processing company is investing $26 million for the construction of a 105,000 sf processing, warehouse, and cold storage facility on Jacks Bridge Rd. in LONDONDERRY, NH. Construction has recently started, with completion slated for February 2020.

    OHIO:

    Organic baby food mfr. is planning to invest $32 million for the construction of a 90,000 sf warehouse and processing facility in HEATH, OH. They have recently received approval for the project. Completion is slated for January 2020.

    PENNSYLVANIA:

    Online restaurant supply company is planning to invest $33 million for the construction of a 586,000 sf distribution center in BLOOMSBURG, PA. They have recently received approval for the project.

    TEXAS:

    Produce company has recently started the renovation and equipment upgrades on a 635,000 sf hemp growing and processing facility in MONAHANS, TX. Completion is slated for Summer 2019. 

    ARKANSAS:

    Peanut processing company is planning to invest $20 million for the construction of a 150,000 sf processing plant at 9701 C.W. Post Rd. in JONESBORO, AR. They have recently received approval for the project.

    KENTUCKY:

    Distillery is planning to invest $12 million for the renovation and equipment upgrades of a production facility on Dee Head Rd. in NEW HAVEN, KY. They have recently received approval for the project.

    MISSOURI:

    Specialty food products mfr. is planning to invest $12 million for the renovation and equipment upgrades on a processing facility in ST JOSEPH, MO. They have recently received approval for the project.

      

    Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.

    Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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