SalesLeads announced today the December 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 82 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 - 59 New Projects
Distribution and Industrial Warehouse - 23 New Projects
Food and Beverage Project Scope/Activity
New Construction - 34 New Projects
Expansion - 23 New Projects
Renovations/Equipment Upgrades - 31 New Projects
Plant Closing - 4 New Projects
Food and Beverage Project Location (Top 10 States)
New York - 9
Pennsylvania - 9
California - 5
Tennessee - 4
Texas - 4
Ohio - 4
Wisconsin - 4
Arkansas - 3
Virginia - 3
Washington - 3
Largest Planned Project
During the month of December, our research team identified 2 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Sazerac Company, who is planning to invest $400 million for the construction of a production facility in CHARLESTOWN, IN. They are currently seeking approval for the project.
Top 10 Tracked Food and Beverage Projects
Snack food mfr. is planning to invest $100 million for the construction of a 150,000 sf warehouse and distribution facility in EAST FISHKILL, NY. Construction is expected to start in 2022, with completion slated for 2024.
Pet food mfr. is planning to invest $75 million for the expansion of their processing facility in SEWARD, NE by 70,000 sf. Completion is slated for early 2023.
Meat products mfr. is planning to invest $50 million for the renovation and equipment upgrades on a recently acquired processing facility in DICKSON, TN.
Bakery company is planning to invest $32 million for the construction of a 150,000 sf cold-storage warehouse and distribution facility in CLEVELAND, OH. They are currently seeking approval for the project.
Coffee company is planning for the renovation and equipment upgrades on a recently acquired 524,000 sf processing facility in CONWAY, AR. Completion is slated for early 2023.
Beer distributor is planning for the construction of a 225,000 sf distribution and office facility in SPOKANE, WA. They are currently seeking approval for the project. They will relocate operations upon completion.
Meat products mfr. is planning to invest $18 million for the construction of an 80,000 sf processing facility on East Seventh St. in WILMINGTON, DE. Construction is expected to start in 2022, with completion slated for late 2023. The site allows for a future 70,000 sf expansion.
Egg farm is planning for the renovation and equipment upgrades on their recently fire-damaged 137,000 sf processing facility in CLEARFIELD, IA.
Specialty food processing company is planning for the expansion of the processing facility in FULLERTON, CA by 100,000 sf. They are currently seeking approval for the project.
Indoor vertical farming company is planning for the construction of a 74,000 sf processing facility at 108 Ave. in CALGARY, AB. They have recently received approval for the project. Completion is slated for late 2022.
About SalesLeads, Inc.
Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.
Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including: