SalesLeads announced today the June 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 81 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 – 27 New Projects
Food and Beverage Project Scope/Activity
Renovations/Equipment Upgrades – 36 New Projects
Food and Beverage Project Location (Top 10 States)
During the month of June, 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 UPSIDE Foods, who is planning to invest $400 million for the construction of a processing facility in SAN FRANCISCO, CA. They are currently seeking approval for the project. Completion is slated for early 2024.
Top 10 Tracked Food and Beverage Projects
Company Name: Do Good Foods, LLC.
Animal feed mfr. is planning to invest $100 million for the construction of a processing facility in SELMA, NC. They have recently received approval for the project.
Reason Behind Expansion: Establish a new processing facility
Matt Kamine – Co-CEO and Co-Founder
Company Name: Hudsonville Creamery And Ice Cream
Ice cream mfr. is planning to invest $65 million for an expansion, renovation, and equipment upgrades on their processing facility in HOLLAND, MI. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment, expansion, and renovation of their processing facility
Dan DeJones – Plant Engineer and Facility Mgr.
John St. Aubin – Sr. Dir. Business Operations
Company Name: Masters Gallery Foods, Inc.
Cheese products mfr. is planning to invest $60 million for an expansion and equipment upgrades at their processing and distribution facility in OOSTBURG, WI. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment and expansion of their processing and distribution facility
Casey Liddicoat – Sr. Dir. Manufacturing Operations
Aron Schilsky – Procurement Mgr. Operations
Company Name: Carnivore Meat Company, LLC.
Pet food mfr. is planning to invest $55 million for the construction of a 220,000 sf processing and office facility on Grandview Rd. in GREEN BAY, WI. They have recently received approval for the project. They will relocate a portion of operations upon completion.
Reason Behind Expansion: Establish a new office and processing facility
Steve Marcelle – Sr. Supply Chain Mgr.
Food products mfr. is planning to invest $42 million for the construction of a 100,000 sf processing facility in GASTONIA, NC. They have recently received approval for the project.
Reason Behind Expansion: Establish a new processing facility
Brett Gent – Sr. Mgr. Supply and Demand Planning
Jerry O’Leary – Facility Engineer
Company Name: High Liner Foods
Seafood processing company is planning to invest $30 million for the renovation and equipment upgrades on their 240,000 sf processing facility in NEWPORT NEWS, VA. They have recently received approval for the project.
Reason Behind Expansion: Modernize equipment and renovation of their processing facility
Thomas Courtney – Plant and Project Engineer
Randy Nelson – Procurement Planning Coordinator
Company Name: Four Roses Distillery, LLC.
Distillery is planning to invest $23 million for the construction of a 776,000 sf warehouse and distribution complex in COXS CREEK, KY. They have recently received approval for the project. Completion is slated for 2024.
Reason Behind Expansion: Establish a new warehouse and distribution complex
Corey Ballard – Dir. of Warehousing and Packaging
Rice processing company is planning to invest $16.2 million for the construction of a processing facility in MERMENTAU, LA. The project includes the expansion of their existing processing facility in CROWLEY, LA. They are currently seeking approval for the project. Construction is expected to start in late 2022.
Reason Behind Expansion: Establish a new processing facility and expansion of their existing facilities
Company Name: Winfield Solutions, LLC.
Agricultural company is planning to invest $14 million for the construction of a 100,000 sf processing facility in WICHITA FALLS, TX. They have recently received approval for the project. They will consolidate operations from their locations in TEXAS and OKLAHOMA upon completion.
Reason Behind Expansion: Establish a new processing facility
Kyle Maple – VP, Strategic Alliances and Procurement
Jeffrey Carr – Dir. of Operations
Kyle Lindburg – Sr. Supply Chain Planner
Poultry processing company is planning to invest $10 million for the renovation and equipment upgrades on a recently acquired processing facility in FLORENCE, SC. Completion is slated for late Summer 2022.
Reason Behind Expansion: Modernize equipment and renovation of a processing facility
David Strawn – Owner and Partner
Jimmy Young – VP, Supply Chain and Sales
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.