Posted On Friday, January 03, 2025 by Evan Lamolinara

Fooddec24

Industrial SalesLeads, a trusted source for verified industrial project intelligence since 1959, has published its December 2024 Food & Beverage Industry Project Report. Our research team identified 69 new planned capital projects for the month, underscoring robust momentum in this essential manufacturing sector.

πŸ” Key Takeaway: Facility Renovations Top the List

Renovations and equipment upgrades remain the most frequent project type this month, accounting for 32 projects, while new construction and expansions add to the mix. This trend points to the industry’s commitment to modernize aging facilities, boost production capabilities, and keep pace with evolving food safety and sustainability standards.

Q: Why are equipment upgrades prioritized in Food & Beverage?
A: They improve efficiency, ensure compliance with strict food safety regulations, and extend the life of existing plants.

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

πŸ—‚οΈ Project Type Breakdown

  • Processing Facilities: 41 new projects

  • Distribution & Industrial Warehouses: 34 new projects

Processing Facility: A site where raw materials are transformed into finished food or beverage products, ready for packaging and distribution.

πŸ—οΈ Project Scope & Activity

  • New Construction: 24 projects

  • Expansions: 14 projects

  • Renovations/Upgrades: 32 projects

  • Plant Closures: 9 facilities

Q: How does new construction differ from expansions?
A: New construction means building from the ground up, while expansions increase capacity at existing sites.

πŸ“ Top 10 Project Locations

States and provinces seeing the highest activity:

  1. New York (8 projects)

  2. Pennsylvania (5)

  3. New Jersey (4)

  4. Ohio (4)

  5. Ontario (4)

  6. California (3)

  7. Colorado (3)

  8. Indiana (3)

  9. Kansas (3)

  10. North Carolina (3)

πŸ’‘ Largest Planned Investment

In December, 5 new Food & Beverage projects were each valued at $100 million or more. The standout is Schreiber Foods, investing $211 million in a new 168,000 sf processing facility in Carthage, MO β€” with construction starting in early 2025 and completion planned for 2027.

Capital Project: A large-scale, long-term investment in facilities or equipment that adds value over time.

πŸ”Ž Top 10 Tracked Projects

Here’s a snapshot of significant developments:

  • NORTH DAKOTA: Vegetable processor investing $150M to expand and upgrade their Jamestown plant.

  • OHIO: Chemical company building a $130M, 100,000 sf processing facility in Reading.

  • SOUTH CAROLINA: Beverage producer planning $100M for new processing/warehouse in West Columbia.

  • TENNESSEE: Foodservice distributor upgrading its Morristown plant with a $33M expansion.

  • PENNSYLVANIA: Greenhouse farm planning a massive 1.5M sf growing & processing facility in East Allen Township.

  • DELAWARE: Beverage company renovating a 359,000 sf warehouse in Claymont.

  • MISSOURI: Food retailer renovating a 266,000 sf distribution hub in Hazelwood.

  • OHIO: Convenience chain upgrading a 266,000 sf DC in Lockbourne.

  • CALIFORNIA: Startup winery building a 62,000 sf production facility in Sonoma.

  • NEW YORK: Food processor modernizing its Lowville facility.

Q: What industries benefit from these projects?
A: Equipment suppliers, contractors, engineers, and logistics providers can all find contract opportunities during design, build, and post-construction phases.

βœ… About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL, has been the go-to partner for actionable industrial capital project intelligence. Our Industrial Market Intelligence (IMI) platform tracks planned construction, expansions, relocations, modernizations, and plant closings so sales and marketing teams can identify opportunities early and keep their pipeline full.

Our Outsourced Prospecting Services work as an extension of your sales team, setting qualified appointments and warm leads to shorten your sales cycle and drive predictable growth.

Industrial Market Intelligence (IMI): Up-to-date insights on planned capital projects so suppliers and service providers can connect at the right time.

βœ… Industries We Serve

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

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