SalesLeads announced today the March 2022 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 69 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
Distribution and Industrial Warehouse – 17 New Projects
Food and Beverage Project Scope/Activity
Renovations/Equipment Upgrades – 31 New Projects
Food and Beverage Project Location (Top 10 States)
During the month of March, our research team identified 4 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by PepsiCo Beverages, who is planning to invest $260 million for a 260,000 sf expansion and equipment upgrade at their processing facility in STONE MOUNTAIN, GA. They have recently received approval for the project.
Top 10 Tracked Food and Beverage Projects
Company Name: Diageo North America
Distillery is planning to invest $245 million for the construction of a production, warehouse, and distribution facility in ST. CLAIR TOWNSHIP, ON. They are currently seeking approval for the project.
Reason Behind Expansion: Establish a new production, warehouse, and distribution facility
Perry Jones – President North America Supply and Procurement
John Longo – Head of Facilities N.A.
Kelly Turner – Dir. of Procurement
Company Name: Niagara Bottling, LLC
Beverage company is planning to invest $112 million for the construction of a 500,000 sf processing and distribution facility in OPELIKA, AL. Construction is expected to start in late Spring 2022, with completion slated for Spring 2023.
Reason Behind Expansion: Establish a new processing and distribution facility
Bill Hall – EVP, Manufacturing and Engineering
Rali Sanderson – EVP, Procurement and Engineering
Todd Uhlick – VP, Expansion and Real Estate
Company Name: Living Greens Farm
Greenhouse farming company is planning to invest $70 million for the construction of a 200,000 sf processing facility in MUNCIE, IN. They have recently received approval for the project.
Reason Behind Expansion: Establish a new processing facility
Ken Sourbeck – VP/General Mgr.
Melanie Faust – VP, Supply Chain
Jay Bauer – Engineering and IT Mgr.
Grocery retail chain is planning for the construction of a 270,000 sf warehouse and distribution center in CLEVELAND, OH. They are currently seeking approval for the project. Completion is slated for 2024.
Reason Behind Expansion: Establish a new warehouse and distribution facility
Joe Obermeier – VP, Supply Chain Operations
Don Barnett – Sr. Dir. Corporate Real Estate
Cliff Brown – Sr. Dir. Construction
Dairy products mfr. is planning to invest $26 million for the construction of a 45,000 sf processing facility in BATAVIA, NY. They have recently received approval for the project. Completion is slated for late 2023. The site allows for a future expansion.
Reason Behind Expansion: Establish a new processing facility
Neil Rutledge – Head of Supply Chain
Company Name: E & M Ice Cream
Ice-cream distributor is planning to invest $13 million for the construction of a 48,000 sf cold storage facility at 380 Oser Ave. in HAUPPAUGE, NY.
Reason Behind Expansion: Establish a new cold storage facility
Company Name: King’s Hawaiian
Bakery company is expanding and planning for the construction of a 132,000 sf processing facility at 5340 H.F. Reed Industrial Pkwy. in OAKWOOD, GA. They are currently seeking approval for the project. The site will allow for a future 134,000 sf expansion.
Reason Behind Expansion: Establish a new processing facility
Tony Navarro – VP, Supply Chain
Company Name: Superior Dairy, Inc.
Dairy products mfr. is planning for the renovation and equipment upgrades on their processing facility in CANTON, OH. They are currently seeking approval for the project.
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Company Name: Seven Acre Dairy Company
Dairy company is planning to invest $10 million for the renovation and equipment upgrades on a processing facility in BELLEVILLE, WI. They have recently received approval for the project. Completion is slated for Fall 2022.
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Company Name: Republic National Distributing Company
Beverage distributor is planning to invest $6.4 million for the construction of a 39,000 sf warehouse at 2801 Blankenbaker Pkwy. in LOUISVILLE, KY. They are currently seeking approval for the project.
Reason Behind Expansion: Establish a new warehouse facility
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.