• Posted On Monday, April 13, 2020 by Evan Lamolinara

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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 March. 

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

    Food and Beverage Project Type

                Processing Facilities - 43 New Projects

                Distribution and Industrial Warehouse - 26 New Projects

               

    Food and Beverage Project Scope/Activity

                New Construction - 18 New Projects

                Expansion - 17 New Projects

                Renovations/Equipment Upgrades - 27 New Projects

                Plant Closing - 4 New Projects

     

    Food and Beverage Project Location(Top 10 States)

                Michigan - 5

                Florida - 5

                New York - 5

                Kentucky - 4

                Texas - 4

                Indiana - 3

                Connecticut - 3

                South Carolina - 3

                Georgia - 3

                Illinois - 3

                           

    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 Metro Inc., who is investing $420 million for the construction of a 600,000 sf distribution center in TERREBONNE, QC. Completion is slated for 2023.

     

    Top 10 Tracked Food and Beverage Projects

    FLORIDA:

    Global beverage company is planning to invest $300 million for the construction of a 1 million sf processing and distribution facility in BRANDON, FL. They have recently received approval for the project.

     

    GEORGIA:

    Nutritional and food additive products mfr. is planning to invest $125 million for the expansion and equipment upgrades of their processing facility in ROME, GA. Completion is slated for early 2021.

     

    SOUTH DAKOTA:

    Seafood company is planning to invest $300 million for the construction of a processing facility in MADISON, SD. Watch SalesLeads for updates.

     

    TENNESSEE:

    Bakery company is planning to invest $225 million for an expansion and equipment upgrades of their processing facility on Apison Pike in COLLEGEDALE, TN. They have recently received approval for the project. Construction is expected to start in Summer 2020.

     

    ARKANSAS:

    Meat processing company is planning to invest $65 million for the construction of a processing facility in SPRINGDALE, AR. Watch SalesLeads for updates.

     

    ARIZONA:

    Energy drink mfr. is expanding and planning for the construction of a 700,000 sf distribution center on a recently acquired 67-acre site in GLENDALE, AZ. Completion is slated for 2021.

     

    KENTUCKY:

    Specialty food mfr. is planning to invest $90 million for a 185,000 sf expansion and equipment upgrades at their processing facility in MUNFORDVILLE, KY. They are currently seeking approval for the project. Completion is slated for Summer 2021.

     

    CALIFORNIA:

    Beverage bottling and distribution company has recently started the construction of a 422,000 sf warehouse and distribution facility at 3685 Massie Court in WEST SACRAMENTO, CA. Completion is slated for Fall 2020.

     

    ILLINOIS:

    Snack food mfr. is planning for the renovation and equipment upgrades on a recently acquired 177,000 sf processing facility at 1415 West 44th St. in CHICAGO, IL. They will relocate operations upon completion.

     

    SASKATCHEWAN:

    Specialty food products mfr. is planning to invest $20 million for the construction of a processing facility in ROWATT, SK. Construction is expected to start in Spring 2020, with completion slated for 2021.

     

    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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