North American Food & Beverage Industry Ramps Up Plans to Build Grassroot Plants
North American Food & Beverage Industry Ramps Up Plans to Build Grassroot Plants
Attachment: IIR Chart - Food & Beverage Industry Grassroot Construction
SUGAR LAND--January 12, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Food and beverage manufacturers and distributors are ramping up plans to build new manufacturing plants and distribution facilities across North America. Industrial Info has identified 130 grassroot Food & Beverage Industry construction projects that are planned or under construction and are scheduled to be completed by the end of the 2012. The investment values of the projects range from as low as $600,000 up to $160 million.
The combined total investment value (TIV) of all projects is about $2.6 billion. Projects are being developed by companies including Archer Daniels Midland Company (NYSE:ADM) (Decatur, Illinois), General Mills Incorporated (NYSE:GIS) (Minneapolis, Minnesota), Sysco Corporation (NYSE:SYY) (Houston, Texas), US Foods (Rosemont, Illinois), Bunge Limited (NYSE:BG) (White Plains, New York) and many others.
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