Bunge Planning More than 20 Major Capital and Maintenance Projects at U.S. and Canadian Facilities

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Researched by Industrial Info Resources (Sugar Land, Texas)--Bunge Limited (NYSE:BG) (White Plains, New York), a leading agri-business and food company, through several of its operating businesses and affiliate companies, has plans on the table to invest more than $275 million in facilities across the U.S. and Canada. Bunge currently has 20 major capital maintenance projects that are in different stages of development, from early planning to under construction. The investment value of individual projects range from $500,000 to $100 million.

Bunge has seven active projects at sites in Canada that are valued at $124 million. In the U.S., the company has 14 projects that are worth $151 million.

Bunge has four major capital projects that are under construction, which include an expansion at a canola crushing facility in Manitoba; an expansion of a soybean refinery in Alabama; the addition of a packaging plant at the same facility; and storage bin additions at a location in Louisiana. The four projects have a combined total expenditure of $197 million.

Plans call for the construction to begin on four projects in 2013 and three projects in 2014.

For nine projects, expenditures for scheduled maintenance shutdowns are approximately $10 million.

Industrial Info's coverage of the Food and Beverage Industry shows that there are more than 1,000 active projects at sites in the U.S. and Canada, and the cumulative value of those projects is approximately $19.6 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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.