U.S. Food & Beverage Industry to Start Construction on $6 Billion in Projects in Third-Quarter 2017

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Researched by Industrial Info Resources (Sugar Land, Texas)--Food & Beverage Industry projects that are scheduled to start construction in the third quarter of 2017 across the U.S. are estimated to have a combined total investment value of about $6 billion. Industrial Info has identified more than 600 capital and maintenance projects that are slated to being construction from July through September. Capital expenditures point to more than 530 projects with a combined value of $5.8 billion, while maintenance spending tallies up to $150 million from 114 projects. The projects range in investment value from $500,000 to $300 million.

The 219 projects with a construction start date in July have a cumulative TIV $1.8 billion. Figures for August point to $2.1 billion in capital expenditures across 221 projects, while the results for September show $2 billion for 204 projects.

By market region, the Midwest ranks first, with 103 projects totaling $1.4 billion.

Click on the image at right to view a breakdown of Food & Beverage Industry third-quarter construction starts by market region.

Grassroot construction project activity has an aggregate investment value of $2.4 billion from a pool of 91 projects. A few examples of grassroot projects for the quarter are:

• $150 million soybean processing plant in South Dakota
• $55 million cookie bakery in North Carolina
• $41 million beer distribution center in Ohio
• $25 million craft brewery in Missouri
• $18 million snack food plant in Colorado

Industrial Info's coverage of active capital and maintenance expenditures by the Food & Beverage Industry across the Americas, Oceania and Europe, and the Sugar Processing and Water Desalination segments around the globe, show current expenditures of $106 billion and more than 3,900 active projects. The North American portion, including the U.S., Canada and Mexico, comes out to more than 3,500 active projects that total more than $52 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 https://www.industrialinfo.com/.