• Food and Beverage Industry News and Planned Industrial Project Reports - January 2020 Recap

    Posted On Thursday, February 13, 2020 by Evan Lamolinara

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

    Planned industrial project activity within the sector increased by 8% from the previous month. 

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

      

    Food and Beverage Project Type

              Processing Facilities - 58 New Projects

              Distribution and Industrial Warehouse - 20 New Projects

             

    Food and Beverage Project Scope/Activity

              New Construction - 19 New Projects

              Expansion - 25 New Projects

              Renovations/Equipment Upgrades - 35 New Projects

              Plant Closing - 9 New Projects

     

    Food and Beverage Project Location(Top 10 States)

              Texas - 7

              Pennsylvania - 6

              North Carolina - 5

              California - 5

              New York - 5

              Minnesota - 4

              Georgia - 4

              Florida - 3

              Ohio - 3

              Illinois - 3           

      

    Largest Planned Project 

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

    The largest project is owned by South Mill Champs, who is planning to invest $$115 million for the expansion of their warehouse and processing facility in KENNETT SQUARE, PA by 900,000 sf. They have recently received approval for the project. 

     

    Top 10 Tracked Food and Beverage Projects 

    FLORIDA:

    Fruit juice mfr. is planning to invest $98 million for the construction of a 320,000 sf processing facility in BARTOW, FL. They have recently received approval for the project. Construction is expected to start in April 2020, with completion slated for January 2021.

     

    ARIZONA:

    Beverage company has recently agreed to lease a 916,000 sf production and warehouse facility at Reems Road in GLENDALE, AZ. They have recently started construction, and will occupy the space upon completion is slated for Fall 2020.

     

    GEORGIA:

    Brewery is planning to invest $85 million for the expansion and equipment upgrades of their production facility in CARTERSVILLE, GA. They have recently received approval for the project.

     

    IOWA:

    Diversified food products mfr. is planning to invest $32 million for equipment upgrades on their processing facility in FORT MADISON, IA. The project is expected to start in July 2020.

     

    ILLINOIS:

    Meat processing company is planning to invest $27 million for an expansion of their processing facility at 12 Tucker Drive in CASEYVILLE, IL. Completion is slated for Summer 2020.

     

    MISSISSIPPI:

    Specialty frozen food mfr. is planning to invest $27 million for an expansion of their processing facility in OAKLAND, MS. They have recently received approval for the project.

     

    NORTH CAROLINA:

    Poultry processing company is planning to invest $60 million for a 38,000 sf expansion and equipment upgrades of their processing facility at 251 Eaton Road in MOCKSVILLE, NC. They have recently received approval for the project.

     

    WASHINGTON:

    Distillery is planning for the construction of a 220,000 sf production facility on Bay Ridge Dr. in BURLINGTON, WA. They are currently seeking approval for the project. Construction will occur in two phases.

     

    TENNESSEE:

    Brewery is planning to invest $49 million for the renovation and equipment upgrades of their production facility in MEMPHIS, TN. They have recently received approval for the project.

     

    VIRGINIA:

    Herbal tea company is planning to invest $30 million for the construction of a 125,000 sf processing facility in ROCKY MOUNT, VA. 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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