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Posted On Thursday, July 04, 2024 by Evan Lamolinara

Foodjune2024 (1)

Industrial SalesLeads announced the June 2024 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 71 new projects in the Food and Beverage sector, compared to 57 in May.

The following are selected highlights on recent Food and Beverage industry construction news.

Food and Beverage Project Type:

  • Processing Facilities - 50 New Projects

  • Distribution and Industrial Warehouses - 30 New Projects

Food and Beverage Project Scope and Activity:

  • New Construction - 28 New Projects

  • Expansion - 16 New Projects

  • Renovations/Equipment Upgrades - 24 New Projects

  • Plant Closings - 8 New Projects

Food and Beverage Project Location (Top 10 States):

  • California - 7

  • Pennsylvania - 7

  • Florida - 6

  • New York - 5

  • Georgia - 4

  • Colorado - 3

  • Indiana - 3

  • North Carolina - 3

  • Texas - 3

  • Illinois - 2

Largest Planned Project:

During June 2024, our research team identified five new Food and Beverage facility construction projects with an estimated value of $100 million or more.

  • Owner: Niagara Bottling LLC

  • Investment: $420 million

  • Facility: 1.4 million square foot processing and distribution facility

  • Location: 3935 Intermodal Dr., Winter Haven, FL

  • Status: Currently seeking approval

Top 10 Tracked Food and Beverage Projects:

  • Georgia: Sauce and condiment manufacturer planning a $288 million processing facility in LaGrange, GA. Currently seeking approval.

  • California: Dairy company planning a 730,000 square foot processing, warehouse, and office campus on Lacey Blvd., Hanford, CA. Will relocate a portion of operations upon completion.

  • Pennsylvania: Snack food manufacturer planning a $72 million expansion and equipment upgrades at their Hanover, PA processing facility.

  • Ohio: Concession equipment and supplies manufacturer planning renovation and equipment upgrades at a 196,000 square foot processing and warehouse facility in Evendale, OH.

  • Massachusetts: Specialty food product manufacturer planning a 177,000 square foot expansion of their Ayer, MA processing and warehouse facility.

  • Georgia: Bakery company planning a $10 million, 113,000 square foot processing, warehouse, and office facility in Gainesville, GA.

  • Washington: Hop grower planning a 138,000 square foot cold storage warehouse in Grandview, WA.

  • Indiana: Beverage company planning a $7 million processing facility at 712 Highland St., Hammond, IN.

  • Illinois: Specialty food processing company planning renovation and equipment upgrades at a 52,000 square foot warehouse in Bartlett, IL.

  • New Hampshire: Specialty food product manufacturer planning renovation and equipment upgrades at a 51,000 square foot processing and warehouse facility in Manchester, NH. Completion slated for late 2024.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL, has been 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 and industrial project reports identify 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. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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