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Minnesota Achieves $1 Billion in Planned Food & Beverage Project Spending

Minnesota Achieves $1 Billion in Planned Food & Beverage Project Spending

SUGAR LAND--April 14, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Project expenditures in Minnesota's food and beverage sector have been on the rise as of late. Over the past two years, plant owners completed more than $340 million in new construction, upgrades and expansions in the state that was spread across 62 projects. Today, there are more than $1 billion in project plans on the board, and the outlook for capital expenditures over the remainder of 2016 is considerably favorable. Industrialinfo.com is currently tracking 105 capital and maintenance project spending plans in Minnesota, each with a total investment value ranging from $500,000 to over $150 million. Within this article: Lists expansion and other upgrade plans in the state.