• Posted On Thursday, July 8, 2021 by Evan Lamolinara

    Food June 2021

    SalesLeads announced today the June 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 - 53 New Projects

              Distribution and Industrial Warehouse - 23 New Projects

             

    Food and Beverage Project Scope/Activity

              New Construction - 28 New Projects

              Expansion - 24 New Projects

              Renovations/Equipment Upgrades - 26 New Projects

              Plant Closing - 1 New Project

     

    Food and Beverage Project Location (Top 10 States)

              Texas - 7

              Mississippi - 5

              Iowa - 5

              Wisconsin - 4

              Pennsylvania - 4

              Florida - 4

              New York - 4

              Indiana - 3

              Connecticut - 3

              Virginia - 2

     

    Largest Planned Project

    During the month of June, 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 Cattlemen's Heritage, who is planning to invest $325 million for the construction of a processing facility in MILLS COUNTY, IA. Construction is expected to start in Spring 2022, with completion slated for late 2023.

     

    Top 10 Tracked Food and Beverage Projects

    KANSAS:

    Pet food mfr. is planning to invest $250 million for the construction of a processing facility in TONGANOXIE, KS. They are currently seeking approval for the project. Construction is expected to start in Fall 2021, with completion slated for 2023.

    TEXAS:

    Snack food mfr. is planning to invest $200 million for an expansion of their processing facility in ROSENBERG, TX. They have recently received approval for the project. Completion is slated for late 2023.

    FLORIDA:

    Foodservice distributor is planning to invest $55 million for the construction of a 427,000 sf distribution center on Becker Rd. in PORT ST. LUCIE, FL. Construction is expected to start in early 2022, with completion slated for Summer 2023.

    ONTARIO:

    Ice cream mfr. is planning to invest $41 million for the expansion of their processing facility on Wilton Grove Rd. in LONDON, ON by 27,000 sf. Construction is expected to start in Fall 2021, with completion slated for 2023.

    WISCONSIN:

    Specialized ingredient processing mfr. is planning to invest $30 million for the construction of a 75,000 sf warehouse and manufacturing facility on Colley Rd. in BELOIT, WI. They have recently received approval for the project.

    PENNSYLVANIA:

    Specialty bakery products mfr. is planning for the expansion of their processing facility in HERMITAGE, PA by 200,000 sf. They are currently seeking approval for the project. The project also includes a 3,000 sf expansion of their warehouse and cone processing facility at the same location.

    MASSACHUSETTS:

    Cooking oil processing company is planning to invest $14 million for the expansion of their processing facility in AYER, MA by 52,000 sf. They have recently received approval for the project.

    INDIANA:

    Specialty food products mfr. is planning to invest $13 million for the renovation and equipment upgrades on a recently leased 90,000 sf processing facility in MERRILLVILLE, IN. Completion is slated for Fall 2021.

    MICHIGAN:

    Snack food mfr. is planning for the renovation of a 24,000 sf office, warehouse, and processing facility in TRAVERSE CITY, MI. They will relocate operations upon completion in Fall 2021. The site allows for a future 40,000 sf expansion.

    OHIO:

    Hydroponic produce company is expanding and planning for the renovation of 20,000 sf of warehouse space at 870 Hanover St. in HAMILTON, OH. They are currently seeking 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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