Research by SalesLeads shows 89 new planned food and beverage industry projects tracked during the month of January. Planned industrial project activity within the sector increased by 8% from the previous month.
The following are highlights of new food and beverage industry construction:
· 58 new construction of food and beverage processing facilities.
· 20 new distribution and industrial warehouse projects.
· 25 new project renovations/equipment upgrades.
· 9 plant closings.
Top tracked food and beverage projects
FLORIDA: A fruit juice manufacturer is planning to invest $98 million for the construction of a 320,000-square-foot processing facility in Bartow, Fla., with completion slated for January 2021.
ARIZONA: A beverage company has agreed to lease a 916,000-square-foot production and warehouse facility in Glendale, Ariz., which is scheduled to be completed in the fall.
IOWA: Diversified food products manufacturer is planning to invest $32 million for equipment upgrades on its Fort Madison, Iowa, processing facility.
ILLINOIS. Meat processing company is planning to invest $27 million for an expansion of its Caseyville, Ill., processing facility.
MISSISSIPPI. Specialty frozen food manufacturer is planning to invest $27 million for an expansion of processing facility in Oakland, Miss.
NORTH CAROLINA. Poultry processing company is planning to invest $60 million for a 38,000-square-foot expansion and equipment upgrade of its processing facility in Mocksville, NC.