SOURCE: Industrial Info Resources

Industrial Info Resources

December 13, 2013 06:30 ET

North American Food & Beverage Industry for 2014 Shows More Than $11 Billion in Spending... and Is Growing, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 13, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- By most accounts, the Food & Beverage Industry across the U.S. and Canada had a strong year in 2013. Most companies recorded increases in revenue from the previous year, demand for products was up, and project expenditures were robust. Looking ahead to 2014, planned project expenditures slated for kick-off over the next 12 months already have surpassed figures for 2013. Research by Industrial Info shows more than 875 projects that have a construction start date sometime in 2014. The combined investment value of those projects comes out to $11.6 billion and is expected to grow as the year progresses.

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