SalesLeads announced today the May 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 56 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 - 42 New Projects
Distribution and Industrial Warehouse - 16 New Projects
Food and Beverage Project Scope/Activity
New Construction - 23 New Projects
Expansion - 9 New Projects
Renovations/Equipment Upgrades - 26 New Projects
Plant Closing - 1 New Project
Food and Beverage Project Location(Top 10 States)
Texas - 6
Georgia - 4
Michigan - 4
Ohio - 3
Indiana - 3
California - 3
North Carolina - 2
Kentucky - 2
Pennsylvania - 2
Massachusetts - 2
Largest Planned Project
During the month of May, our research team identified 5 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Hilmar Cheese Company, Inc., who is planning to invest $460 million for the construction of a processing facility in DODGE CITY, KS. Construction is expected to start in Summer 2021, with completion slated for 2024.
Top 10 Tracked Food and Beverage Projects
Global agricultural, energy, and supply chain company is planning to invest $350 million for the construction of a canola processing plant and refinery at their existing complex in NORTHGATE, SK. Completion is slated for Summer 2024.
Snack food mfr. is planning to invest $235 million for an expansion and equipment upgrades on their processing facility in KILLINGLY, CT. Construction is expected to start in Spring 2022, with completion slated for Spring 2024.
Restaurant chain is planning to invest $60 million for the construction of a 335,000 sf processing and office facility in SAN ANTONIO, TX. They are currently seeking approval for the project. They will relocate operations upon completion.
Frozen food and ice-cream distributor is planning for the construction of a 344,000 sf office, warehouse, and distribution facility in LOGAN, NJ. They have recently received approval for the project. They will consolidate operations upon completion.
Specialty food products mfr. is planning for the expansion of their processing, warehouse, and office facility at 5310 Industrial Way in PASCO, WA by 260,000 sf. They have recently received approval for the project.
Beverage accessory designer and supplier is planning to invest $14 million for the construction of a 200,000 sf distribution center in HANCOCK COUNTY, IN. They have recently received approval for the project. They will relocate regional operations upon completion in late 2022.
Beverage distributor is planning for the construction of a 163,000 sf warehouse and office facility in MCCALLA, AL. They will relocate operations upon completion in 2022.
Meat products mfr. is planning to invest $10 million for the renovation and equipment upgrades on a processing facility at 3480 E. Kemper Rd. in SHARONVILLE, OH. Completion is slated for early 2022.
Bottled water mfr. is planning to invest $4.6 million for the construction of a processing facility in ATLANTA, GA. They are currently seeking approval for the project.
Flavored vape mfr. is planning for the renovation of a 14,000 sf laboratory and office facility at 2039 Alma Ave. in PUEBLO, CO. They are currently seeking approval for the project. They will relocate operations upon completion.
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: