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Food & Beverage

Close to $1 Billion in New U.S. Cold Storage Warehouse Construction for 2004 as Demand for Frozen Foods Increases

According to data extracted from Industrialinfo.com's project database, sixty new cold storage construction projects will occur this year and on through 2004.

Released Tuesday, November 11, 2003

Close to $1 Billion in New U.S. Cold Storage Warehouse Construction for 2004 as Demand for Frozen Foods Increases

Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). According to the American Frozen Food Institute, the frozen dinner and entree category continues to be the largest frozen food market sector with more than $5.9 billion in annual supermarket sales. Total retail sales of frozen foods in the U.S. reached more than $26.6 billion in 2002, 6.1 percent higher than 2001.

Transporting perishable goods to wholesalers and consumers continues to be the largest expense for food producers and construction of new cold storage facilities and expansions are at an all time high.

Market analyst use transportation numbers to determine how good or bad our economy is doing.

According to data extracted from Industrialinfo.com's Industrial Project Database, sixty new cold storage construction projects will occur this year and on through 2004.

Currently, in the United States, there are approximately 755 major operational cold storage facilities scattered across the nation totaling millions of cubic square feet of storage area.

Click Here The cold storage industry is projected to spend close to $1 billion in capital dollars over the next two years expanding and building new facilities. Wal-Mart alone has five new food distribution facilities on the drawing board and food distribution leader SYSCO Food Service is planning seven new projects.

For more information on these projects contact Industrialinfo.com's Member Center, or gain instant access to these plants through Industrialinfo.com's family of Online Plant Directories now with total U.S. coverage. A subscription to a region or the entire country will help you get in touch with plant management contacts and if necessary drive right to the front door of these plants.

The entire U.S. Online Plant Directory gives you access to over 34,300 major manufacturing plants in the United States. Along with the plant locations, you receive physical and mailing addresses, phone and fax numbers, key management contacts, e-mail addresses, plant employee counts, and more.

Featured regions cover the Gulf Coast with 2,400 plants, the Great Lakes with 6,800 plants, the Mid-Atlantic with 3,350 plants, the Midwest with 3,550 plants, New England with 1,600 plants, the Northeast with 3,200 plants, the Rocky Mountains with 1,800 plants, the Southeast with 4,500 plants, the Southwest with 4,200 plants and the West Coast with 3,100 plants.

Don't rely on static, quickly outdated print directories or CD's, get dynamic plant information directly to your desktop from IIR Online Plant Directories.
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