Industrial Info Resources, Sugar Land, Texas, said North American food and beverage companies are planning more than $2.2 billion in expenditures specifically aimed at warehouse and distribution centers.
Sealed Air Corp., the Elmwood Park, N.J., parent to Cryovac, said it agreed to purchase global cleaning and sanitation services supplier Diversey Holdings Inc.
Senior financial executives of global food and beverage companies expect to achieve improved financial performance in 2011, but foresee difficulty in sustaining profit margins and increasing market share.
Despite a weak economy, consumer packaged goods marketers are developing new products that raise the bar on consumer expectations around everyday CPG solutions.
RSM McGladrey, Inc., and McGladrey & Pullen, LLP, Minneapolis, say responses to McGladrey’s fifth annual "Manufacturing and Wholesale Distribution Survey" show that the food and beverage industry leads all other industry segments.
To provide greater efficiency in customer service, Stellar,
a Jacksonville, Fla., construction, design, engineering and mechanical
services firm, has expanded its existing Refrigeration division to
include the company’s Maintenance, Parts and Operations and Automation
Services divisions.
Industrial Info Resources (IIR) Sugar Land, Texas, said North American food and beverage processors spent an estimated $26.7 billion for facility projects during 2009.