Food Processing Capital Spending 2023
Capital Spending

2023 Capital Spending Outlook: Food and Beverage Capital Spending Continues to Grow

March 29, 2023
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 ...
Courtesy of Kikkoman Foods
Capital Spending

Construction of New Kikkoman Jefferson, Wisconsin, Plant Under Way

June 13, 2024
Soy sauce processor will invest more than $800 million on this new facility and expansions at Walworth, Wis., plant to increase its production footprint in the state.
Mergers & Acquisitions

Keel Vodka Acquired by Newport Craft Distillers, Production to Move to Rhode Island

June 13, 2024
Distilling of premium, light, potato vodka will shift from Idaho to the state in which it was founded.
Courtesy of Real American Beer
real american beer hulk hogan
Beverage Products

Snoop Dogg, Hulk Hogan, NFL’s Kelce Brothers Race to the Alcoholic Beverage Marketplace

June 12, 2024
Snoop and 19 Crimes introduce RTD Cali Cocktails, while Hulkamaniacs will be searching for the Hulkster’s Real American Beer, and Travis and Jason Kelce take ownership of Garage...
Mergers & Acquisitions

DayDayCook Acquires Omsom, a Multi-Brand Asian Consumer Foods Company

June 12, 2024
Fast-growing processor of Asian cooking sauces and noodles expects to benefit from DayDayCook deal.
Pet Food

Instinct Pet Foods Cuts Ribbon on Phase One of Lincoln, Nebraska, Expansion

June 10, 2024
All phases of project are expected to be finished by March 2025 on the Center of Excellence facility in Lincoln.
Plant Expansion

Abilene, Texas-Based AbiMar Foods to Invest in Bakery Upgrades, Expansion

June 10, 2024
Subsidiary of South American Grupo Nutresa will spend $4.6 million on its three Abilene facilities to improve automation and make upgrades.
Courtesy of Soli Organic
Capital Spending

Soli Organic Opens 140,000 Sq. Ft. Indoor Vertical Farm in San Antonio

June 6, 2024
New facility will grow more than 10 types of herbs and vegetables to support company’s retail sales throughout Texas and the Southwest.
Capital Spending

1440 Foods Chooses Jeffersonville, Indiana, for New Production Facility

May 24, 2024
Manufacturer of Pure Protein, Body Fortess and Met-Rx brands will renovate facility and anticipates opening in 2025.
Courtesy of Sapporo-Stone Brewing
Plant Expansion

Sapporo-Stone Unveils Escondido, California, Expansion; Updates Richmond, Virginia, Project Status

May 23, 2024
Goal to shift brewing of Sapporo beers to the U.S. coming to fruition some two years after Sapporo acquired Stone Brewing.
Capital Spending

Herr Foods to Invest $31 Million on Two Southeast Ohio Plants

May 21, 2024
Buildout of property in Jackson, Ohio, and expansion to Chillicothe, Ohio, plant expected to create 125 jobs in the state.
Mergers & Acquisitions

Commercial Bakeries Corp. Acquires Imagine Baking

May 20, 2024
The deal includes an Ohio plant with an R&D center that should create opportunities for both businesses.