U.S. Dairy Sector Construction Starts for 2016 Stand at $1.9 Billion and Rising

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Researched by Industrial Info Resources (Sugar Land, Texas)--Companies that produce dairy-based products at sites in the U.S. have plans to start construction on over $1.94 billion in capital projects in 2016. Industrial Info has identified more than 125 capital projects to build new facilities, carry out plant expansions or upgrade existing facilities--with the expectation that those numbers will grow as the year progresses. The total investment value (TIV) of individual projects range from $500,000 to $280 million. The aggregate of construction starts for the sector in 2015 was $1.4 billion from 97 projects.

Grassroot construction activity will account for just over $1 billion in project expenditures tied to the construction of 16 new plants. New plant construction project values range from $10 million to as high as $280 million.

Project owners include Agropur Cooperative (Longueuil, Quebec), Bay Valley Foods (Platteville, Wisconsin), Blue Bell Creameries Incorporated (Brenham, Texas), Dairy Farmers of America Incorporated (Kansas City, Missouri) and Hilmar Cheese Company (Hilmar, California), among others.

A few examples of capital project plans for the dairy sector include:

• $140 Million Cheese Processing Plant Expansion
• $100 Million Grassroot Evaporated Milk Processing Plant
• $30 Million Dairy Plant Expansion
• $20 Million Yogurt Plant Equipment Additions
• $15 Million Cheese Processing Line Replacement

Industrial Info's database of active capital and maintenance expenditures of the Food and Beverage Industry across North America and the Sugar Processing Industry and Water Desalination Segment around the globe has current expenditures of $72 billion and more than 5,300 active projects. The North American portion, including the U.S., Canada, and Mexico, comes out to more than 3,000 active projects that total more than $42.5 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.