SalesLeads today announced the results of the October 2021 Food and Beverage Industry’s new planned capital project expenditure report. The company tracks planned industrial capital project activities in North America; including facility expansion, new plant construction, and major equipment modernization projects. The study confirmed 59 new projects in the food and beverage industry.
Types of Catering Items
Distribution and industrial warehouses-15 new projects
Food and beverage project scope/activities
Retrofits/equipment upgrades-19 new projects
Food and beverage project location (top 10 states)
In October, our research team identified 9 new food and beverage facility construction projects with an estimated value of US$100 million or more.
The largest project is owned by Leprino Foods, which plans to invest US$870 million to build a processing facility in Lubbock, Texas. They recently received approval for the project.
Top 10 tracking food and beverage items
Company Name: Tyson Foods Company
The food processing company plans to invest US$355 million to build a 400,000 square foot processing facility in BOWLING GREEN, Kentucky. They are currently seeking approval for the project. The completion time is scheduled for the end of 2023.
The reason behind the expansion: the establishment of a new processing facility
Matt McCain-Associate Professor. Catalog Supply Chain
Shannon Davidson-Associate Professor. Catalog Procurement
Company Name: Nature's Variety, Inc.
The pet food manufacturer plans to invest $180 million to build a 250,000 square foot warehouse and processing facility at SW 32nd and West O St. in Lincoln, New Jersey. They are currently seeking approval for the project. They will integrate regional operations after completion.
The reason behind the expansion: the establishment of new warehouses and processing facilities
Joanne Scheidt-Vice President of Supply Chain
Wes Oertli-Supervisor. Capital project management.
Manufacturer of dairy products. Plan to invest 168 million US dollars for the expansion of processing facilities and equipment upgrades of 210,000 square feet at 2701 Freedom Rd. In LITTLE CHUTE, WI. The completion time is scheduled for early 2023.
Reasons behind the expansion: modern equipment and expansion of processing facilities
Brian Routh – Sr. Dir. purchase
Kevin Kastenschmidt-Regional Director. project.
Company Name: Veronesi Holding SPA
Manufacturer of specialty meat products. Plan to invest 100 million U.S. dollars to build a processing and storage facility in Harrisonburg, Virginia. They are currently seeking approval for the project. It is expected to be completed in the fall of 2025.
The reason behind the expansion: the establishment of new warehouses and processing facilities
Alessandro Agnoli-Facilities Engineering Manager.
The Mushroom processor plans to invest US$31 million in the construction and equipment upgrade of a 135,000-square-foot processing facility in the Thames Center, Ontario. They recently received approval for the project.
Reasons behind the expansion: construction of modern equipment and processing facilities
Company name: Alliance freeze-dried
The pet food manufacturer is planning to build a 220,000 square foot warehouse and processing facility at 675 Redwood Rd. In Linden, Washington. They recently received approval for the project.
The reason behind the expansion: the establishment of new warehouses and processing facilities
Company Name: Fork Food Lab
The shared commercial kitchen service provider is planning to refurbish and upgrade the 42,000 square foot production facility at 97 Darling Avenue, South Portland, USA. They are currently seeking approval for the project and will relocate and operate upon completion.
Reasons behind the expansion: modern equipment and processing facilities transformation
Food Technology is planning to refurbish a recently acquired 24,000 square foot laboratory and office facility located on Ramco Street in West Sacramento, California. The renovation project is expected to start in early 2022 and is expected to be completed in the summer of 2022.
Reasons behind the expansion: refurbishment of recently acquired laboratories and office facilities
Specialty food manufacturer. Plans are underway to refurbish and upgrade the 19,000 square foot refrigerated warehouse at 60 Fifth Avenue in Hawthorne, New Jersey. They recently received approval for the project.
Reasons behind the expansion: updating equipment and refurbishing cold storage warehouses
John Haug-Vice President of Technical Services
Ramon Lopez-Director. Manufacturing business
Company Name: Jiahe Food Bank
The Food Bank is expanding and plans to invest US$2 million to refurbish 13,000 square feet of warehouse space in Augusta, Georgia. They are currently seeking approval for the project.
Expansion reason: warehouse space transformation
Since 1959, SalesLeads, headquartered in Jacksonville, Florida, has been a leader in providing industrial capital project intelligence and exploration services to sales and marketing teams to ensure a predictable and scalable pipeline. Our industrial market intelligence IMI provides timely insights into companies that plan major capital investments, such as new construction, expansion, relocation, equipment modernization, and factory closure of industrial facilities. Outsourcing exploration services is an extension of your sales team, designed to drive growth through qualified meetings and appointments with internal sales teams.
Every month, our team provides hundreds of industrial capital project intelligence reports in various industries, including:
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