Pork Sector Spending Over $1.1 Billion to Expand Capacity in U.S.
SUGAR LAND--July 27, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Demand for meat products for markets in Asia is among the key drivers that has led to a recent round of capital investments to increase pork slaughtering and processing capacity at sites in the U.S. Industrial Info is currently tracking over $1.1 billion in capital expenditures to build new facilities, and to expand, rebuild or add equipment to existing pork manufacturing operations. Individual project investment values range from $1 million to as high as $270 million. Within this article: Details of Clemens Food Group's hog-processing project in Michigan.
