SOURCE: Industrial Info Resources

Industrial Info Resources

February 15, 2011 05:40 ET

North American 2Q11 Food and Beverage Industry Expenditures Exceed $3 Billion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 15, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Companies with food and beverage manufacturing plants and distribution centers in the U.S. and Canada have outlined more than $3 billion in capital and maintenance expenditures that will commence in the second quarter of this year. The need to alleviate capacity constraints and expand capacity to meet growing demand, combined with favorable economic conditions, will drive spending plans in 2011. Investments in new facilities and plant expansions are projected to gain momentum as the year progresses, and the post-recession trend in consumer spending remains upward.

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