Food & Beverage Industry Projects in June 2024
Planned projects have climbed in June.
In June there were 71 new projects planned for the North American food and beverage industry including new plant construction, expansions, renovations/equipment upgrades, and plant closings, according to research firm SalesLeads. June had the second highest number of projects in the first half of the year. May had 57, April with 66, January and February had 66, and March saw 72.
Of the new projects, 50 were new processing facilities, and 30 were distribution and warehouses.
Food and Beverage Project Scope/Activity
New Construction ‒ 28 New Projects
Expansion ‒ 16 New Projects
Renovations/Equipment Upgrades ‒ 24 New Projects
Plant Closing ‒ 8 New Projects
Food and Beverage Project Location (Top 10 States)
California ‒ 7
Pennsylvania ‒ 7
Florida ‒ 6
New York ‒ 5
Georgia ‒ 4
Colorado ‒ 3
Indiana ‒ 3
North Carolina ‒ 3
Texas ‒ 3
Illinois ‒ 2
SalesLeads reported 5 new food and beverage facility construction projects with an estimated value of $100 million or more. The largest project is owned by Niagara Bottling, who is investing $420 million for the construction of a 1.4 million-sq.-ft processing and distribution facility in Winter Haven, FL.
Top 10 Tracked Food & Beverage Projects
GEORGIA
Lee Kum Kee Sauce Group, a manufacturer of sauces and condiments, is planning to invest $288 million for the construction of a processing facility in Lagrange, GA. The company is seeking approval for the project.
CALIFORNIA
Marquez Brothers International, a dairy company, is planning construction of a 730,000-sq.-ft processing, warehouse, and office campus in Hanford, CA. It is seeking approval for the project. A portion of the company’s operations will be relocated upon completion.
PENNSYLVANIA
Campbell Soup Co. is planning to invest $72 million for the expansion of and equipment upgrades at their processing facility in Hanover, PA. The company is seeking approval for the project.
OHIO
Gold Medal Products, a concession equipment and supplies mfr. is planning for the renovation and equipment upgrades on a recently acquired 196,000-sq.-ft processing and warehouse facility in Evendale, OH. The project has been approved.
MASSACHUSETTS
A specialty food product company is planning on expanding its processing and warehouse facility in AYER, MA by 177,000 sq. ft. It is currently seeking approval for the project.
GEORGIA
Tous les Jours, a bakery company is planning to invest $10 million for constructing a 113,000-sq.-ft processing, warehouse, and office facility at 1895 Fulenider Rd. in GAINESVILLE, GA. The bakery is seeking approval for the project.
WASHINGTON
Washington Hops, is planning for the construction of a 138,000-sq.-ft cold storage warehouse Grandview, WA. Approval has been received for the project.
INDIANA
Swanel Beverages is planning to invest $7 million for the construction of a processing facility in Hammond, IN. The company is seeking approval for the project.
ILLINOIS
Specialty food processing company Perla Foods is planning for the renovation and equipment upgrades on a recently leased 52,000-sq.-ft warehouse in Bartlett, IL.
NEW HAMPSHIRE
Lilly’s Fresh Pasta, a specialty food product manufacturer, is planning for the renovation and equipment upgrades on a recently acquired 51,000-sq.-ft processing and warehouse facility at in Manchester, NH. Completion is slated for late 2024.
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