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Cushman & Wakefield Launches Update on Food Manufacturing in the Americas

| June 13, 2016 | 0 Comments

Cushman & Wakefield National Industrial
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NEW YORK, June 13, 2016 – Cushman & Wakefield’s Industrial Research team today announced the launch of a five-part update on food manufacturing in the Americas. The global commercial real estate services firm is taking a critical look at several significant components of this vital industry, which is a significant employer and a major user of industrial space.

The first installment of “Good Eats & More Treats: Food Manufacturing and the Changing American Table” provides an overview on the Cushman & Wakefield study. “Food and beverage manufacturers have witnessed profound change in the last decade,” noted Jason Tolliver, head of Industrial Research, Americas. “Our study focuses on these shifts, as well as the resulting challenges and solutions.”

Cushman & Wakefield will release four additional installments over four months, exploring:

• Food Safety and Regulation – Stringent regulations and evolving food preferences have pushed food manufacturers to prioritize consumer and environmental health.
• Plant Efficiency – Efficiency has become critical to long-term survival as producers pursue both traditional and new, faster-growing distribution channels.
• Cold Storage – Food systems, cold storage facilities and the transportation infrastructure for temperature-sensitive commodities has become more complex.
• The Young & The Old – Perhaps most transformative of all, changing consumption patterns of the young and the old have altered the very nature of food manufacturing.

“The economic impact and geographical diversity of food manufacturing is broad,” Tolliver noted. “Changes to the food continuum impact employment, processing plant site location, distribution and ultimately what we put on our tables.”

According to the latest data from the Bureau of Labor Statistics, the food manufacturing industry made up more than 1.5 million wage-and-salary jobs in the United States in 2015. In the period 2011-2015, 1,691 food processing projects were announced, of which 1,033 were expansions and 658 were new projects. “There has been a clear upward trend in both new and expansion projects, and growth is accelerating,” Tolliver said. “In 2015 we witnessed the greatest number of food manufacturing project announcements in the past five years. We expect this trend to continue.”

Access this link to download the full introduction to the Cushman & Wakefield food manufacturing study: http://www.cushmanwakefield.us/en/research-and-insight/2016/food-manufacturing-update/.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

 

 

Category: Cushman & Wakefield National Industrial, News Releases, Newswire: Latest News

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