SalesLeads announced today the January 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 60 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 - 47 New Projects
Distribution and Industrial Warehouse - 20 New Projects
Food and Beverage Project Scope/Activity
New Construction - 23 New Projects
Expansion - 12 New Projects
Renovations/Equipment Upgrades - 26 New Projects
Plant Closing - 5 New Projects
Food and Beverage Project Location(Top 10 States)
New York - 4
Georgia - 4
Indiana - 4
Texas - 4
California - 3
Alabama - 3
Ohio - 3
Florida - 3
Wisconsin - 3
Washington - 3
Largest Planned Project
During the month of January, our research team identified 3 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Walmart, who is planning to invest $800 million for the construction of two distribution centers totaling 2 million sf in LANCASTER, TX. They have recently received approval for the project.
Top 10 Tracked Food and Beverage Projects
Pet food mfr. is planning to invest $145 million for a 200,000 sf expansion and equipment upgrades of their processing facility in FORT SMITH, AR. They have recently received approval for the project. Completion is slated for 2022.
Ice cream mfr. is planning to invest $87 million for an expansion of their processing facility in DUNKIRK, NY. They have recently received approval for the project. Construction will occur in multiple phases.
Fresh egg producer is planning to invest $40 million for an expansion of their processing facility in GUTHRIE, KY. They have recently received approval for the project. Completion is slated for late 2022.
Specialty food products mfr. is planning for the construction of a 700,000 sf processing facility in SIOUX FALLS, SD. They are currently seeking approval for the project.
Shrimp producer is considering investing $25 million for the construction of a processing facility and currently seeking a site in NORTHERN FLORIDA. Watch SalesLeads for updates.
Bakery products mfr. is planning for the construction of an 18,000 sf warehouse in MERRILLVILLE, IN. They have recently received approval for the project.
Food processing company is planning for the renovation of 23,000 sf of processing, warehouse, and office space at 2700 E. Ferry Avenue in SPOKANE, WA. They are currently seeking approval for the project.
Winery is planning to invest $5 million for the construction of a 9,000 sf warehouse and production facility at 5500 W. Hwy. 34 in LOVELAND, CO. 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: