October Recap: North American Food and Beverage 'New' Project Expenditures Up 51% from September

SUGAR LAND--November 7, 2011--Researched by Industrial Info Resources (Sugar Land, Texas)--New project activity for the Food & Beverage Industry reported by Industrial Info for October shows a 51% increase in expenditures compared to the previous month. Expenditures for October totaled $1.27 billion from 87 new projects, while September's new project count was the same, with a combined value of $840 million. Capital expenditures tallied 68 projects worth approximately $1.2 billion, while maintenance expenditures were a mere $40 million spread across 19 projects.