Food and beverage processors aren’t writing blank checks for capital expenditures, but enthusiasm abounds as food companies plan to invest heavily in their own growth in 2023 ...
After making big capital spending plans for 2023 — and underspending those budgets — food & beverage processors are proceeding at a more normalized pace (+3%).
A $2 million seed funding round will be put toward opening a second manufacturing facility, further product development and marketing of plant-based pet foods.
After researching out-of-state options for a second production facility, Conecuh Sausage will build a plant in Andalusia, Ala., at an investment of nearly $58 million.
Cultivated meat company will ease off the gas pedal and redirect efforts toward expanding its current facility in California before building a new production facility.