• Posted On Monday, April 5, 2021 by Evan Lamolinara

    Foodmar21

    SalesLeads announced today the March 2021 results for the new planned capital project spending report for the Food and Beverage industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 70 new projects in the Food and Beverage sector.

    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 - 20 New Projects

               

    Food and Beverage Project Scope/Activity

                New Construction - 26 New Projects

                Expansion - 18 New Projects

                Renovations/Equipment Upgrades - 35 New Projects

                Plant Closing - 2 New Projects

     

    Food and Beverage Project Location (Top 10 States)

                California - 6

                New York - 5

                Texas - 4

                Missouri - 4

                Pennsylvania - 3

                Ohio - 3

                Connecticut - 3

                Illinois - 3

                Virginia - 3

                Wisconsin - 3

               

    Largest Planned Project

    During the month of March, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Royal Canin, who is planning to invest $390 million for the construction of a processing facility at 6574 OH-503 in LEWISBURG, OH. They have recently received approval for the project. Completion is slated for Fall 2023.

     

    Top 10 Tracked Food and Beverage Projects

    NEW YORK:

    Brewery is planning for the renovation and equipment upgrades of their production facility in BALDWINSVILLE, NY. They are currently seeking approval for the project.

     

    ILLINOIS:

    Beverage mfr. is planning to invest $80 million for a 225,000 sf expansion and equipment upgrades on their processing facility in PLAINFIELD, IL. They have recently received approval for the project.

     

    NEW JERSEY:

    Food products mfr. is planning to invest $45 million for the construction of a 72,000 sf processing facility on Gorton Road in MILLVILLE, NJ. Completion is slated for Summer 2022.

     

    INDIANA:

    Pet food mfr. is planning to invest $30 million for the expansion and equipment upgrades on their processing facility at 1011 West 11th Street in MISHAWAKA, IN. They are currently seeking approval for the project. Construction is expected to start in Summer 2021, with completion slated for Spring 2022.

     

    MICHIGAN:

    Beet processing company is planning to invest $33 million for the construction of facilities and the expansion, renovation, and equipment upgrades of facilities at their existing warehouse and processing locations in CROSWELL, BAY CITY, and SEBEWAING, MI. They have recently received approval for the project.

     

    CALIFORNIA:

    Specialty food products mfr. is considering relocating and currently seeking a 250,000 sf laboratory, office, and processing facility in NORTHERN CALIFORNIA. Watch SalesLeads for updates.

     

    MISSOURI:

    Specialty food ingredients mfr. is planning to invest $24 million for the construction of an 80,000 sf processing facility in ST. JOSEPH, MO. They have recently received approval for the project. Completion is slated for early 2022.

     

    TENNESSEE:

    Distillery is planning to invest $12 million for the renovation of a production facility on W. Walnut Street in JOHNSON CITY, TN. They are currently seeking approval for the project. Completion is slated for Summer 2022.

     

    OHIO:

    Food bank is planning for the construction of a 198,000 sf distribution center and office facility on Coit Road in CLEVELAND, OH. They are currently seeking approval for the project. Completion is slated for Summer 2022.

     

    ARKANSAS:

    Pet food mfr. is planning for a 90,000 sf expansion, renovation, and equipment upgrades on their processing facility at 316 N. Hico St. in SILOAM SPRINGS, AR. Completion is slated for Fall 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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