SUGAR LAND, TX–(Marketwire – Jul 7, 2011) – Researched by Industrial Info Resources (Sugar Land, Texas) — Industrial Info is currently tracking more than $2.2 billion in expenditures in the North American Food & Beverage Industry that are specifically aimed at warehouse and distribution centers. This figure includes both grassroot construction and expansions of existing warehouses.
Expenditures are being driven by capacity expansions, growth in regional markets, and the need to improve logistic services. Companies such as Sysco Corporation (NYSE:SYY) (Houston, Texas) and Target Corporation (NYSE:TGT) (Minneapolis, Minnesota) are among a number of companies that are investing in distribution centers and warehouse facilities.
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