SOURCE: Industrial Info Resources

April 17, 2007 08:01 ET

U.S. Food & Beverage Industry 2Q07 Expenditures Stable With $3.1 Billion Scheduled for the Quarter

SUGAR LAND, TX -- (MARKET WIRE) -- April 17, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas). Companies that operate food and beverage plants in the United States plan to begin construction in the second quarter of the year on over $3.18 billion in capital and maintenance expenditures. Data extracted from Industrial Info's project database indicates that there are 119 projects slated to kick-off between April and June, of which 25 projects with a combined total investment value (TIV) of $27 million are considered maintenance, while 94 projects with a cumulative TIV of $3.15 billion are listed as capital. Individual project values range from $1 million to $260 million.

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