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

    Posted On Tuesday, October 15, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 67 new planned Food and Beverage industry projects tracked during the month of September.

    Planned industrial project activity within the sector decreased by 18% from the previous month, and is down 1% 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 - 17 New Projects

    Food and Beverage Project Scope/Activity

                New Construction - 21 New Projects

                Expansion - 17 New Projects

                Renovations/Equipment Upgrades - 33 New Projects

                Plant Closing - 4 New Project

     Food and Beverage Project Location(Top 10 States)

                Pennsylvania - 6

                New York - 5

                Florida - 5

                California - 5

                Illinois - 4

                Indiana - 3

                Ontario - 3

                Michigan - 3

                Minnesota - 3

                Texas - 3

    Largest Planned Project

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

    The largest project is owned by Nongshim America, Inc., who is planning to invest $200 million for the construction of a processing and distribution facility on Interstate 15 in CORONA, CA. Construction is expected to start in early 2020, with completion slated for late 2021.

    Top 10 Tracked Food and Beverage Projects

    NEW YORK:

    Bioenergy company is planning to invest $110 million for the construction of greenhouse facilities in MASSENA, NY. They have recently received approval for the project. Construction will occur in four phases.

    INDIANA:

    Beverage company is planning to invest $70 million for an expansion and equipment upgrades of their warehouse and processing facility in FRANKFORT, IN. They have recently received approval for the project. 

    KENTUCKY:

    Startup hydroponic farming company is planning to invest $97 million for the construction of a 3 million sf greenhouse in MOREHEAD, KY. They plan to be operational in late 2020.

    MINNESOTA:

    Food processing company is planning to invest $75 million for the renovation and equipment upgrades on their processing facility in DAWSON, MN. They have recently received approval for the project. They expect to be operational in late 2020. 

    MISSOURI:

    Beverage bottling company is investing $100 million for the construction of a 400,000 sf warehouse and distribution facility at 1777 N. Packer Rd. in SPRINGFIELD, MO. Construction has recently started, with completion slated for Fall 2020. 

    CALIFORNIA:

    Nut processing company is planning for a 306,000 sf expansion and equipment upgrades of their warehouse, office, and processing facility at 8133 East Service Rd. in HUGHSON, CA. They are currently seeking approval for the project. 

    OHIO:

    Insect-based feed ingredients mfr. is planning to invest $35 million for the renovation and equipment upgrades on a 200,000 sf processing facility in MARION, OH. Construction is expected to start in December 2019. 

    QUEBEC:

    Poultry processing company is investing $45 million for the construction of a 121,000 sf processing facility in DRUMMONDVILLE, QC. Construction has recently started, with completion slated for early 2021. 

    GEORGIA:

    Specialty food processing company is planning to invest $10 million for the renovation and equipment upgrades on a 110,000 sf processing facility in MILLEDGEVILLE, GA. They have recently received approval for the project. Completion is slated for Spring 2020. 

    NEVADA:

    Ice cream mfr. is planning for the renovation and equipment upgrades on a recently acquired 200,000 sf processing facility at 1001 Olsen St. in HENDERSON, NV.

     

    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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