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

    Posted On Monday, June 10, 2019 by Evan Lamolinara

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    FOOD & BEVERAGE INDUSTRY NEWS AND PLANNED INDUSTRIAL PROJECT REPORTS           MAY 2019 RECAP

    Research by SalesLeads’ experienced industrial market research team, shows 89 new planned Food & Beverage industry projects tracked during the month of May 2019.

    Planned industrial project activity within the sector decreased by 9% from the previous month, but is up 23% YTD from the previous year. 

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

    Food & Beverage Project Type

    • Processing Facilities - 64 New Projects
    • Distribution and Industrial Warehouse - 22 New Projects 

    Food & Beverage Project Scope/Activity

    • New Construction - 27 New Projects
    • Expansion - 21 New Projects
    • Renovations/Equipment Upgrades - 43 New Projects
    • Plant Closing - 3 New Projects

    Food & Beverage Project Locations (Top 10 States)

    • California - 9 
    • Texas - 7 
    • Michigan - 6
    • Virginia - 6
    • New York - 4 
    • Ohio - 4
    • Wisconsin - 4
    • Indiana - 3 
    • Kentucky - 3
    • North Carolina – 3

     

     Largest Planned Project

    During the month of May, our research team identified 3 new Food and Beverage facility construction projects with an estimated value of $100 million of more. 

    The largest project is owned by Tyson Foods, who is planning to construct a new, 400,000 square foot plant in Salt Lake City, UT. The project is currently in the early planning stages. 

     

    Top 10 Tracked Food and Beverage Projects

    CONNECTICUT: 

    Produce distributor is planning for the construction of a 202,000 sf office, warehouse, and processing facility in EAST WINDSOR, CT. They are currently seeking approval for the project. They plan to relocate operations upon completion.

    INDIANA: 

    Seed company is planning to invest $62 million for the construction of an office, warehouse, and processing facility in ATLANTA, IN. They have recently received approval for the project. Completion is slated for 2022.

    KANSAS: 

    Snack food mfr. has recently agreed to pre-lease a 765,000 sf distribution facility on Waverly Road in EDGERTON, KS. They will relocate operations from their location in CHICAGO, IL upon completion in early 2020.

    MICHIGAN:

    Poultry processor is planning to invest $13 million for equipment upgrades of their processing facility in WYOMING, MI. They have recently received approval for the project.

    MISSOURI: 

    Beverage company is planning for the construction of a 426,000 sf processing and distribution facility at CenterPoint Intermodal Center in KANSAS CITY, MO. They are currently seeking approval for the project.

     NORTH CAROLINA: 

    Brewery is planning to invest $3 million for the renovation and equipment upgrades on a 6,000 sf production facility at 954 N. Davidson St. in CHARLOTTE, NC. They plan to be operational in Spring 2020.

    OHIO:

    Dairy and food products mfr. is planning to invest $11 million for the renovation and equipment upgrades on a 45,000 sf office and processing facility in CINCINNATI, OH. They are currently seeking approval for the project.

    VIRGINIA: 

    Frozen food mfr. is planning to invest $46 million for the expansion of a recently acquired processing facility in DANVILLE, VA. They are currently seeking approval for the project.

    TEXAS:

    Specialty coffee company is planning for the renovation and equipment upgrades on a recently leased 16,000 sf warehouse in PLANO, TX. They plan to be operational in late 2019.

    WASHINGTON: 

    Distillery is planning to invest $5 million for the construction of a 25,000 sf warehouse and office facility in QUINCY, WA. They are currently seeking approval for the project.

    About SalesLeads, Inc. 
    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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