Missouri Food & Beverage Industry Capital Spending Looks Strong for 2006 Calendar Year

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Researched by Industrial Info Resources (Sugar Land, Texas). According to data extracted from Industrialinfo.com’s Industrial Project Spending Database, the Food & Beverage industry in Missouri will spend close to $80 million during the 2006 calendar year on major new construction, plant expansions and maintenance-related projects.

Spending activity has always been strong in Missouri considering the diversification of food and beverage manufacturing in the state. Some of the larger and most recognized employers in the state include Anheuser-Busch, Tyson, General Mills, Land-O-Lakes, ConAgra, and ADM.

Glancing at the projects and capital spending for 2006, some of the most notable and larger projects that began last year will still be under construction throughout the 2006. For example, Schreiber Foods began constructing a $20 million, 200,000 square-foot building addition and installing cheese processing & packing equipment in Carthage, Missouri. The Stellar Group (Jacksonville, Florida) is currently on-site constructing the addition.

Moark, LLC started a $10 million, 30,000 square-foot layer house & egg processing and packing plant to support 600,000 layer hens. The project is expected to finish at the end of 2007.

SEMO Milling, LLC has begun a $5.8 million renovation on an existing building located in the Port Complex and will install milling & packaging equipment to produce 12,000 bushels per day of corn and soy blend cornmeal for export. The SEMO Regional Port Authority is onsite (Scott City, Missouri). The estimated construction finish will be in six months.

ADM has also started property negotiations on a $7 million grassroot grain handling terminal in New Madrid. The New Madrid County Port Authority (New Madrid, Missouri) has been chosen to do construction.

The state of Missouri is home to more than 143 major food, beverage and agriprocessing type plants. Gain instant access to phone numbers, addresses and key plant management contacts at these plants by subscribing to Industrial Info’s Midwest Online Plant Directory. Click on the Image at the right to try out a free demonstration.

Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.