• Posted On Monday, September 6, 2021 by Evan Lamolinara

    Foodaugust2021

    SalesLeads announced today the August 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 86 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 - 67 New Projects

              Distribution and Industrial Warehouse - 24 New Projects

             

    Food and Beverage Project Scope/Activity

              New Construction - 22 New Projects

              Expansion - 26 New Projects

              Renovations/Equipment Upgrades - 44 New Projects

              Plant Closing - 5 New Projects

     

    Food and Beverage Project Location (Top 10 States)

              North Carolina - 7

              Ohio - 7

              New York - 6

              Texas - 5

              Wisconsin - 5

              Florida - 4

              Missouri - 4

              California - 3

              Illinois  - 3

              Indiana - 2

         

    Largest Planned Project

    During the month of August, 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 Lamb Weston, who is planning to invest $415 million for the expansion, renovation, and equipment upgrades on their processing facility in AMERICAN FALLS, ID. Completion is slated for Summer 2023.

     

    Top 10 Tracked Food and Beverage Projects

    FLORIDA:

    Snack food mfr. is planning to invest $180 million for the construction of a 355,000 sf warehouse and distribution center at 1496 S. Poinciana Blvd. in KISSIMMEE, FL. Construction will start in early 2022, with completion slated for 2024.

    ALBERTA:

    Brewery is planning to invest $69 million for a 60,000 sf expansion, renovation, and equipment upgrades on their warehouse and production facility in EDMONTON, AB. They are currently seeking approval for the project.

    KENTUCKY:

    Tea processing company is planning to invest $53 million for the construction of a 334,000 sf processing facility on Blankenbaker Rd. in JEFFERSONTOWN, KY. Construction is expected to start in Spring 2022. They will relocate regional operations upon completion in Summer 2024.

    LOUISIANA:

    Beverage company is planning to invest $42 million for a 120,000 sf expansion, renovation, and equipment upgrades on their warehouse and processing facility in BATON ROUGE, LA. They have recently received approval for the project.

    INDIANA:

    Meat processing company is planning to invest $33 million for a 22,000 sf expansion, renovation, and equipment upgrades on their processing facility in HUNTINGBURG, IN. Construction is expected to start in Fall 2021, with completion slated for Fall 2022.

    NORTH CAROLINA:

    Dietary supplements mfr. is planning to invest $19 million for the renovation and equipment upgrades on a 426,000 sf office and processing facility in WINSTON-SALEM, NC. They have recently received approval for the project. They will consolidate operations upon completion.

    OHIO:

    Specialty snack foods mfr. is planning to invest $16 million for the renovation and equipment upgrades on a recently acquired 240,000 sf processing facility at 3100 Upper Valley Pike in SPRINGFIELD, OH. They have recently received approval for the project.

    WISCONSIN:

    Agricultural supply company is planning to invest $13 million for the construction of a 75,000 sf warehouse, office, and storage facility on South Carferry Dr. in MILWAUKEE, WI.

     NEW YORK:

    Poultry farm is planning to invest $12 million for the construction of a 28,000 sf egg hatchery in WATERTOWN, NY. They are currently seeking approval for the project. Completion is slated for Summer 2022.

    BRITISH COLUMBIA:

    Specialty food products mfr. is planning for the renovation and equipment upgrades on a 70,000 sf processing facility in DELTA, BC. They have recently received 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:


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