• Posted On Sunday, June 7, 2020 by Evan Lamolinara

    May2020food.jpg

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

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

    Food and Beverage Project Type

              Processing Facilities - 39 New Projects

              Distribution and Industrial Warehouse - 20 New Projects

             

    Food and Beverage Project Scope/Activity

              New Construction - 19 New Projects

              Expansion - 17 New Projects

              Renovations/Equipment Upgrades - 32 New Projects

              Plant Closing - 1 New Project

     

    Food and Beverage Project Location(Top 10 States)

              Texas - 5

              Washington - 4

              California - 4

              Virginia - 3

              New York - 3

              Illinois - 3

              Indiana - 3

              Tennessee - 2

              Ontario - 2

              Michigan - 2

                        

    Largest Planned Project

    During the month of May, our research team identified 1 new Food and Beverage facility construction project with an estimated value of $100 million or more.

     The largest project is owned by Cargill Inc., who is planning to invest $230 million for the construction of a chemical processing facility at their complex in EDDYVILLE, IA. The project also includes equipment upgrades on their existing facilities at the same location. They have recently received approval for the project.

     

    Top 10 Tracked Food and Beverage Projects

    ALBERTA:

    Dairy cooperative is investing $50 million for the construction of a processing facility in LACOMBE, AB. Construction has recently started, with completion slated for Spring 2021.

     

    FLORIDA:

    Dairy products mfr. is planning for the construction of a 37,000 sf processing facility on Gran Bay Parkway in JACKSONVILLE, FL. They are currently seeking approval for the project.

     

    ILLINOIS:

    Specialty nicotine products mfr. is planning for an expansion and equipment upgrades at their processing facility in CHICAGO, IL. They have recently received approval for the project.

     

    INDIANA:

    Agriculture technology firm is planning to invest $18 million for the construction of a 100,000 sf office and processing facility in DALEVILLE, IN. Construction is expected to start in Fall 2020. They plan to relocate operations upon completion.

     

    MINNESOTA:

    Egg producer is planning for the construction of a poultry growing and processing facility in HARVEY TOWNSHIP, MN. They are currently seeking approval for the project.

     

    NEW JERSEY:

    Beverage company is expanding and has recently agreed to pre-lease 420,000 sf of distribution space in PHILLIPSBURG, NJ.

     

    NEW YORK:

    Real estate development company is considering the construction of a meat processing plant in WATERTOWN, NY. Watch SalesLeads for updates.

     

    TEXAS:

    Pizza mfr. has recently started the construction of a 59,000 sf warehouse and processing facility at 900 Igloo Road in KATY, TX. Completion is slated for late 2020.

     

    VIRGINIA:

    Bottled water mfr. is planning for an expansion and equipment upgrades at their processing facility in VERONA, VA.

     

    CALIFORNIA:

    Specialty food products mfr. is expanding and planning for the renovation and equipment upgrades on a 16,000 sf processing facility at 2490 Middlefield Rd. in REDWOOD CITY, CA. They are currently seeking approval for the project. Completion is 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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