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  • Posted On Thursday, January 30, 2020 by Evan Lamolinara

    2019food.jpg

    Research by SalesLeads’ experienced industrial market research team, shows 950 new planned Food and Beverage industry projects tracked during the year 2019. 

    Planned industrial project activity within the sector decreased by 6% from the previous year. 

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

      

    Food and Beverage Project Type

                Processing Facilities - 753 New Projects

                Distribution and Industrial Warehouse - 265 New Projects

               

    Food and Beverage Project Scope/Activity

                New Construction - 330 New Projects

                Expansion - 239 New Projects

                Renovations/Equipment Upgrades - 468 New Projects

                Plant Closing - 36 New Projects

     

    Food and Beverage Project Location(Top 10 States)

                California - 80

                New York - 64

                Texas - 53

                Ohio - 47

                Michigan - 42

                Indiana - 38

                Pennsylvania - 37

                Florida - 33

                Wisconsin - 29

                Illinois - 27               

      

    Largest Planned Project 

    During the year 2019, our research team identified 27 new Food and Beverage facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Nordic Aquafarms, Inc., who is investing $400 million for the construction of a 600,000 sf processing facility in EUREKA, CA.

     

    Top 10 Tracked Food and Beverage Projects 

    WASHINGTON:

    Specialty frozen food mfr. is investing $300 million for a 170,000 sf expansion and equipment upgrades at their processing facility in OTHELLO, WA. Completion is slated for early 2021.

     

    UTAH:

    Meat processing company is planning to invest $300 million for the construction of a 400,000 sf processing facility and currently seeking a site in SALT LAKE CITY, UT.

     

    INDIANA:

    Food and beverage company is planning to invest $200 million for the renovation and equipment upgrades of their processing facility in ANDERSON, IN. They are currently seeking approval for the project.

     

    NEW YORK:

    Fresh produce company is planning to invest $200 million for the construction of a growing and processing facility in WEBSTER, NY. They have recently received approval for the project.

     

    CALIFORNIA:

    Noodles mfr. is planning to invest $200 million for the construction of a processing and distribution facility on Interstate 15 in CORONA, CA. Construction is expected to start in early 2020, with completion slated for late 2021.

     

    FLORIDA:

    Distillery is planning to invest $120 million for the construction of a 300,000 sf manufacturing facility in WINTER HAVEN, FL. They have recently received approval for the project. They expect to be operational in early 2021.

     

    INDIANA:

    Foodservice distributor is investing $150 million for the construction of a 500,000 sf distribution center in WESTFIELD, IN. Construction is expected to start in Spring 2020, with completion slated for late 2021.

     

    MAINE:

    Seafood processor is planning to invest $110 million for the construction of a processing facility in JONESPORT, ME. They are currently seeking approval for the project. Construction is expected to start in early 2021.

     

    OHIO:

    Poultry processing company is investing $126 million for a 180,000 sf expansion, renovation, and equipment upgrades on their warehouse and processing facility in WINESBURG, OH.

     

    QUEBEC:

    Bakery company is investing $170 million for an expansion and equipment upgrades on their processing facility in BOUCHERVILLE, QC.

     

    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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