• Posted On Wednesday, October 6, 2021 by Evan Lamolinara

    Food Sept 2021

    SalesLeads announced today the September 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 61 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 - 45 New Projects

                Distribution and Industrial Warehouse - 19 New Projects

               

    Food and Beverage Project Scope/Activity

                New Construction - 25 New Projects

                Expansion - 16 New Projects

                Renovations/Equipment Upgrades - 22 New Projects

                Plant Closing - 5 New Projects

     

    Food and Beverage Project Location (Top 10 States)

                California - 6

                Georgia - 5

                Ontario - 3

                Washington - 3

                Ohio - 3

                Iowa - 3

                Pennsylvania - 3

                Illinois - 3

                Indiana - 3

                Minnesota - 3

               

    Largest Planned Project

    During the month of September, 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 Platinum Crush, LLC., who is planning to invest $350 million for the construction of a processing facility in ALTA, IA. They are currently seeking approval for the project. Construction is expected to start in late 2021, with completion slated for early 2024.

     

    Top 10 Tracked Food and Beverage Projects

    ARKANSAS:

    Pet food mfr. is planning to invest $117 million for a 47,000 sf expansion and equipment upgrades at their warehouse and processing facility in FORT SMITH, AR. Completion is slated for 2023.

     

    SOUTH CAROLINA:

    Peanut production company is planning to invest $64 million for the construction of a processing facility in ORANGEBURG COUNTY, SC. They are currently seeking approval for the project. Completion is slated for Spring 2022.

     

    VIRGINIA:

    Restaurant chain is planning to invest $30 million for the construction of a 57,000 sf processing facility in VERONA, VA. They have recently received approval for the project.

     

    TEXAS:

    Food bank is planning to invest $30 million for the construction of a 100,000 sf refrigerated warehouse and distribution facility in CORPUS CHRISTI, TX. They are currently seeking approval for the project.

     

    MINNESOTA:

    Cooperative food wholesaler is planning for the construction of a 330,000 sf fresh and frozen warehouse and distribution facility in ST. CLOUD, MN. They are currently seeking approval for the project. The site allows for a future 470,000 sf expansion.

     

    ONTARIO:

    Agricultural co-operative is planning to invest $16 million for the construction of a fertilizer coating plant in ST. THOMAS, ON. Construction is expected to start in Fall 2021, with completion slated for early Fall 2022.

     

    IOWA:

    Meat processing company is planning to invest $15 million for the renovation and equipment upgrades on their processing facility in COLUMBUS JUNCTION, IA. They have recently received approval for the project.

     

    NEBRASKA:

    Snack food mfr. is planning for the renovation and equipment upgrades on 123,000 sf of recently leased processing space in WACO, NE.

     

    WASHINGTON:

    Fresh produce company is planning for the construction of a 78,000 sf processing facility in PASCO, WA. They have recently received approval for the project.

     

    KANSAS:

    Beverage company is planning for the expansion of their distribution center at 127th St. and Kansas City Rd. in OLATHE, KS by 74,500 sf. They are currently seeking approval for the project. Completion is slated for Spring 2022.

     

    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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