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Researched by Industrial Info Resources--Meijer Incorporated (Grand Rapids, Michigan), a family-owned company, moved a step closer to starting construction on a $100 million dairy facility in Tipp City, Ohio. The company held a ceremonial groundbreaking event this week and anticipates moving forward with full construction activities next month, with startup slated for the end of 2015. The Meijer project is one example among 45 major expansion projects in the Food and Beverage Industry that total up to more than $1 billion in Ohio.
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Located adjacent to a company-owned 1.7 million-square-foot distribution facility, the project calls for building a 105,000-square-foot dairy facility and a 68,000-square-foot refrigerated warehouse space.
Industrial Info's database of active capital and maintenance expenditures in the Food and Beverage Industry across North America and the Sugar Processing Industry and Water Desalination Segment around the globe has current expenditures of $50 billion and more than 3,100 active projects. The North American portion comes out to more than 1,900 active projects that total more than $30 billion.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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