Highlights

Capital Spending

2024 Capital Spending Outlook: Unfinished Business

April 30, 2024
After making big capital spending plans for 2023 — and underspending those budgets — food & beverage processors are proceeding at a more normalized pace (+3%).
Shutterstock: stoicailian2
Brown crispy croissants on a wooden tray
Capital Spending

Korean Bakery Company SPC Group to Build Massive Bakery in Burleson, Texas

Jan. 9, 2025
The 1.6-million-sq.-ft. facility would serve the company’s Paris Baguette bakery stores throughout North America, which are currently receiving baked goods as frozen dough manufactured...
Courtesy of The Hain Celestial Group
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R&D

Hain Celestial Unveils New Innovation Center at Hoboken, New Jersey, Headquarters

Dec. 20, 2024
The 2,200-sq.-ft. Innovation Experience Center is expected to usher in “a new era of innovation” for the better-for-you foods company.
Courtesy of Richardson International Ltd.
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Plant Expansion

Richardson International to Double Granola Packaging Capacity in South Sioux City, Nebraska

Dec. 12, 2024
Expansion project will begin immediately with an expected completion date in the first quarter of 2026.
Shutterstock: sockagphoto
a butter tart on a wooden board showing the sweet filling and raisins flowing onto the board
Plant Expansion

Baxter’s Bakery Plans Significant Expansion of Cobourg, Ontario, Facility

Dec. 11, 2024
The company will expand the plant, investing nearly $3.5 million CAD to upgrade with new equipment and automation.
Courtesy of BrightFarms
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Fruits and Vegetables

BrightFarms Opens New CEA Greenhouse in Lorena, Texas

Dec. 10, 2024
Controlled environment agriculture company’s newest leafy greens facility will cover 1.5 million square feet and allow BrightFarms to distribute its products in the South Central...
Courtesy of Anheuser-Busch
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Capital Spending

Anheuser-Busch Commits $10 Million to Upgrade Jacksonville, Florida, Brewery

Dec. 3, 2024
Brewery that has been in operation since 1969 will get updates to equipment and infrastructure in latest U.S. capital investment by the company.
Nina Firsova
Chicken noodle soup with parsley and vegetables in a white plate, gray background.
Capital Spending

Amy’s Kitchen Pauses Construction of Goshen, New York, Processing Plant

Nov. 25, 2024
Work on the very slow-moving capital project will stop for the time being, five years after groundbreaking, and with the future of the facility up in the air for now.
Courtesy of Anheuser-Busch
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Capital Spending

Anheuser-Busch Investing $14 Million to Upgrade Houston, Texas, Brewery

Nov. 22, 2024
The beer behemoth’s capital-spending spree continues, as it embarks upon its fifth improvement project in the past 12 months.
Courtesy of Anheuser-Busch
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Capital Spending

Anheuser-Busch to Pour $16 Million in CapEx into Los Angeles Brewery

Oct. 3, 2024
Plans to expand packaging for non-beer brands like Cutwater and Nutrl, and make improvements to environmental impact, among other projects.
Lena LeRay
Bakery & Baked Goods

Campbell’s Finishes New Goldfish Production Line in Richmond, Utah, Bakery

Sept. 25, 2024
The $160 million investment, along with a new adjacent flour mill, is expected to add significant efficiencies and output capacities over the next several years.
Courtesy of Plenty Unlimited
plentyrichmondfarm
Fruits and Vegetables

Plenty Unlimited Opens First Indoor Vertical Strawberry Farm

Sept. 25, 2024
Plenty Richmond Farm represents a decade’s worth of work to develop methods to grow more than just lettuce in vertical indoor farming facilities.
Andrey Starostin
Fresh cold sliced bacon with dill branch on the wood background
Capital Spending

Construction Resumes on New Bacon Processing Plant in Davenport, Iowa

Sept. 6, 2024
Fair Oaks Foods had paused the $134 million project in August 2023, but local reports say construction has resumed in earnest.