U.S. Set for $3.6 Billion in Warehousing, Distribution Kickoffs

March 11, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Retailers and manufacturers are building out their storage capacities across the U.S., largely in response to e-commerce demand, but also to improve their existing facilities. Industrial Info is tracking up to $3.6 billion worth of warehousing and distribution-center projects that could begin construction in the second quarter. About half is attributed to projects for the Food & Beverage Industry, from players such as Red Bull Service GmbH, The Coca-Cola Company (NYSE:KO) and Trader Joe's. Other companies featured: Bath & Body Works Incorporated (NYSE:BBWI), Amazon.com Incorporated (NASDAQ:AMZN), Fanatics Incorporated and Buzz Oates.