SalesLeads announced today the May 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 86 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 – 20 New Projects
Food and Beverage Project Scope/Activity
Renovations/Equipment Upgrades – 35 New Projects
Food and Beverage Project Location (Top 10 States)
During the month of May, our research team identified 2 new Food and Beverage facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Phyto Organix Foods, who is planning to invest $225 million for the construction of a 100,000 sf processing facility in STRATHMORE, AB. They have recently received approval for the project. Completion is slated for 2024.
Top 10 Tracked Food and Beverage Projects
Company Name: West Liberty Foods
Turkey processing company is planning to invest $100 million for the construction of a 200,000 sf processing facility in WEST LIBERTY, IA. They are currently seeking approval for the project. They will relocate operations upon completion.
Reason Behind Expansion: Establish a new processing facility
Ed Claussen – Dir. of Engineering and Maintenance
Company Name: Blue Core Labs
Nutritional products mfr. is planning to invest $50 million for the construction of a processing facility in BEAVER, UT. They are currently seeking approval for the project.
Reason Behind Expansion: Establish a new processing facility
David Wheeler – COO, CSO, and Director
Ethanol production company is planning to invest $50 million for the expansion and equipment upgrades at their processing facility in SHENANDOAH, IA. Construction is expected to start in late Summer 2022, with completion slated for Summer 2023.
Reason Behind Expansion: Modernize equipment and expansion of their processing facility
Company Name: E.A. Sween Company
Specialty food products mfr. is planning to invest $38 million for the renovation and equipment upgrades on a 100,000 sf processing facility at 5730 US Hwy. 25 in GREENWOOD, SC. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Renee Nielsen – Sr. Dir. of Supply Chain
Patty Lopez-Hawes – Dir. of Operations
Company Name: Ancient Brands Milling
Food processing company is planning to invest $27 million for the construction of a 92,000 sf processing facility in DYERSVILLE, IA. They have recently received approval for the project. They will relocate operations upon completion in Spring 2023.
Reason Behind Expansion: Establish a new processing facility
Timothy Hemminger – VP, Global Supply Chain
Fresh produce company is planning for the construction of a 220,000 sf processing facility in SEAGOVILLE, TX. Completion is slated for late 2022.
Reason Behind Expansion: Establish a new processing facility
Elias Santana – Dir. Supply Chain and Procurement
Mike Zee – Dir. Development and Construction
Company Name: Do Good Foods
Animal feed mfr. is planning for the renovation and equipment upgrades on a 150,000 sf warehouse, distribution and processing facility at 8645 Aviation Dr. in FORT WAYNE, IN. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment and renovation of a warehouse, distribution and processing facility
Beverage company is planning for the renovation and equipment upgrades on a recently acquired 200,000 sf warehouse and processing facility in FORT WORTH, TX. They will relocate operations from their DALLAS, TX location upon completion.
Reason Behind Expansion: Modernize equipment and renovation of a warehouse and processing facility
Company Name: The Simply Good Foods Company
Specialty food products mfr. is planning for the renovation and equipment upgrades on a 184,000 sf processing facility at 11802 Ridge Pkwy. in BROOMFIELD, CO. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
Tim Dickman – VP, Strategic Procurement
Company Name: Old Trapper Smoked Products
Meat products mfr. is planning for the construction of a 50,000 sf processing facility in RICHLAND, WA. They are currently seeking approval for the project. The site allows for a future 150,000 sf expansion.
Reason Behind Expansion: Establish a new processing facility
Mike Mannen – Warehouse Facility and Project Mgr.
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.
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