Food and Beverage Industry Projects for January 2024

January had 66 new projects planned for the North American food and beverage industry including facility expansions, new plant construction, significant equipment modernization projects, and plant closings, according to research firm SalesLeads.

Out of the new projects, 47 were in new processing facilities, and 24 were in distribution and warehouse.

Project Scope / Activity

Project Location (Top 10 States)

During the month of January, SalesLeads identified three new Food and Beverage facility construction projects with an estimated value of $100 million or more.

The largest project is Natures Bakery, who is planning to invest $237 million for construction of a 339,000-sq.-ft processing facility in Salt Lake City, UT. Completion is expected in summer 2025.

Top 10 Food & Beverage Projects

ONTARIO

Sucro Can Sourcing LLC, a sugar producer, is planning to invest $135 million for the construction of a refinery/processing facility in Hamilton. It is currently seeking approval for the project. Completion is slated for 2025.

CALIFORNIA

Global retail chain is planning for the construction of a 1.8 million-sq.-ft distribution and warehouse complex in Tracy. The retail chain is currently seeking approval for the project.

NEBRASKA

Meat processing company WR Reserve is planning to invest $43 million in the expansion of its HASTINGS processing facility by 11,000 sq. ft. It is currently seeking approval for the project.

ARKANSAS

Hope Baking Co. is planning to invest $37 million in the expansion and equipment upgrades on its processing facility in Hope. Approval has recently been given.

WISCONSIN

Haribo is planning a renovation and equipment upgrades on a recently leased 447,000-sq.-ft distribution center in BRISTOL. The company will relocate a portion of their regional distribution operations upon completion in summer 2024.

ILLINOIS

Peoria Distillery is planning for the renovation and equipment upgrades on a 157,000-sq.-ft production and warehouse facility in Peoria. Approval is being sought for the project.

GEORGIA

Herbal supplement manufacturer Bactolac Pharmaceutical is planning for the renovation and equipment upgrades on an 85,000-sq.-ft warehouse space in Buford. The manufacturer is currently seeking approval for the project.

MICHIGAN

Pickle products manufacturer Gielow Pickles Inc. is planning to invest $10 million for the expansion of its processing and warehouse facility in Lexington. The pickle company is currently seeking approval for the project.

NORTH CAROLINA

A distillery is planning to invest $10 million for the construction of a 28,000-sq.-ft production facility in Statesville. They are currently seeking approval for the project.

FLORIDA

A snack food manufacturer is planning to build a 104,000-sq.-ft distribution center in Fort Myers. It is currently seeking approval for the project.