California is Golden State for Food & Beverage Industry

California is Golden State for Food & Beverage Industry

California is Golden State for Food & Beverage Industry

SUGAR LAND--December 9, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--California continues to be golden for the Food & Beverage Industry. Despite a high tax rate, which has caused some companies to flee the state for better incentives and cheaper labor, California still prevails, showcasing 175 active projects with a cumulative value of $2.3 billion. These projects vary in size, industry sector and timing, with capital investments that range from $500,000 to $400 million in various stages of construction.

Within this article: Details on the outlook for California's Food & Beverage Industry.

Companies featured: Anheuser Busch Inbev S.A. NV (NYSE:ADR), Del Monte Foods Company (NYSE:DLM), Dole Food Company (NYSE:DOLE), PepsiCo Incorporated (NYSE:PEP)

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