Industrial and commercial market intelligence firm SalesLeads’ released its latest monthly report covering planned food & beverage construction projects, showing a notable decline from November, but still up year-over-year.
SalesLeads tracked 73 such projects in North America during December, down 13 from November, but up six from December 2019.
The firm’s December recap is broken down as follows:
- 59 projects were for processing facilities (69 in November, 59 in October, 47 in September)
- 20 were for distribution and industrial warehouse (34 in November, 17 in October, 30 in September)
- 23 were new construction projects (30 in November, 28 in October, 17 in September)
- 21 were expansion projects (35 in November, 16 in October, 23 in September)
- 33 projects entailed renovations and equipment upgrades (32 in November, 30 in October, 31 in September)
- There were no plant closure projects (1 in November, 0 in October, 1 in September)
- Ohio led all US states and Canadian provinces with seven November projects, followed by Colorado with five. Michigan, California and New York each had four, while Ontario, Kentucky, Texas, Maryland and Minnesota had three apiece.
During December, SalesLeads identified two new food & beverage facility construction projects with an estimated value of at least $100 million — compared to two in November and four in October. The largest December project is by Nestle Purina Petcare, which plans to invest $550 million to expand its processing facility in Hartwell, GA. It has recently received approval.
The other largest food & beverage facility. construction projects SalesLeads identified in December included:
- Nestle USA, which plans to invest $100 million for a 90,000-square-foot expansion, renovation and equipment upgrades on its processing facility in Jonesboro, AR.
- Frito-Lay North America, which plans to invest $60 million to expand and upgrade equipment at its processing facility in Frankfort, IN.
- Pet food maker Chasing Our Tails, which plans a renovation and equipment upgrades on its 215,000-square-foot processing facility in Sleepy Eye, MN for an undisclosed investment amount.
- Candy maker Clasen Quality Chocolate, which plans to build a 390,000-square-foot warehouse and processing facility in Milton, WI for an undisclosed investment amount.
- Food decorative products maker Signature Brands, which plans to build a 200,000-square-foot warehouse and distribution facility in Ocala, FL for an undisclosed investment amount.
- Specialty animal feed maker Eviroflight, which plans to invest $20 million o expand its processing facility in Maysville, KY by 61,000 square feet.
- Indoor vertical farming company Bowery Farming, which plans a renovation and equipment upgrades on a 150,000-square-foot processing facility in Bethlehem, PA for an undisclosed investment amount.
- Hydroponic farming company Kalera, which plans to build a 75,000-square-foot processing facility in Columbus, OH for an undisclosed investment amount.
- Meat processing company E.W. Grobbel Sons, which plans to invest $25 million to build a processing facility in Detroit, MI.
- Greenhouse produce startup Evolution Growers, which plans to invest $20 million to build a 200,000-square-foot processing facility in Estevan, SK.