• Posted On Saturday, September 5, 2020 by Evan Lamolinara

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    SalesLeads announced today the August 2020 results for the new planned capital project spending report for food and beverage. The Firm tracks North American planned industrial capital activity including expansions, new plant construction and equipment modernizations. Research confirms 74 new food and beverage industrial projects. 

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

    Food and Beverage Project Type

    •  Processing Facilities - 55 New Projects
    •  Distribution and Industrial Warehouse - 33 New Projects

               

    Food and Beverage Project Scope/Activity

    •   New Construction - 29 New Projects
    •   Expansion - 24 New Projects
    •   Renovations/Equipment Upgrades - 32 New Projects
    •   Plant Closing - 0 New Projects

     

    Food and Beverage Project Location (Top 10 States)

    •   California - 9
    •   Texas - 7
    •   North Carolina - 6
    •   New York - 5
    •   Georgia - 4
    •   Idaho - 3
    •   Ohio - 3
    •   Colorado - 3
    •   Wisconsin - 3
    •   Oregon - 2

                

    Largest Planned Project

    During the month of August, 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 Plumrose USA, who is considering investing $200 million for the construction of a processing facility and currently a seeking site in COLORADO. Watch SalesLeads for updates. 

     

    Top 10 Tracked Food and Beverage Projects

    NORTH CAROLINA:

    Food ingredient mfr. is planning to invest $30 million for the construction of a 260,000 sf processing facility in GASTONIA, NC. Construction is expected to start in Fall 2020, with completion of Phase 1 slated for Fall 2021.

     

    KANSAS:

    Specialty food products mfr. is planning for a 400,000 sf expansion and equipment upgrades at their processing, distribution, and office facility in SALINA, KS. They have recently received approval for the project. Completion is slated for late 2022.

     

    COLORADO:

    Beverage company has recently agreed to pre-lease a 284,000 sf distribution facility in DENVER, CO. Completion is slated for Fall 2021.

     

    TENNESSEE:

    Food products supplier is planning for the renovation of their weather-damaged 151,000 sf distribution facility in NASHVILLE, TN. They have recently received approval for the project.

     

    GEORGIA:

    Bakery products mfr. is planning to invest $10 million for the construction of a 31,000 sf processing facility on Browns Mill Rd. in ATLANTA, GA.

     

    IOWA:

    Meat products mfr. is planning to invest $20 million for the construction of a 66,000 sf cold storage facility on their processing complex in DES MOINES, IA. The project also includes the construction of a new processing, office, and laboratory facility at the site.

     

    INDIANA:

    Agricultural co-operative is planning to invest $5.6 million for the expansion of their warehouse and manufacturing facility in COLUMBIA CITY, IN by 37,000 sf. Construction is expected to start in Fall 2020, with completion slated for Spring 2021.

     

    KENTUCKY:

    Tobacco products distributor is planning to invest $11 million for the renovation and equipment upgrades on a distribution center in SHEPHERDSVILLE, KY. They have recently received approval for the project. They plan to consolidate operations upon completion.

     

    CALIFORNIA:

    Refrigerated trucking company is planning for the renovation and equipment upgrades on a recently acquired 239,000 sf cold storage and meal processing facility in FRESNO, CA.

     

    OREGON:

    Natural food products mfr. is considering expanding and currently seeking 100,000 sf of warehouse space in MILWAUKIE, OR. Watch SalesLeads for updates.

     

    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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