Notable Growth in Food Production and Processing
15 Dec 2024
News
The Food and Beverage Production sector in the U.S. is a significant contributor to the economy, accounting for nearly 3.5 million jobs and over $534.3 billion of GDP in 2023. This sector includes Agriculture, Fishing, and Food and Beverage Processing subsectors, with notable job growth in food manufacturing, particularly beverage production.
States in the Midwest lead in employment concentration within this sector compared to the U.S. as a whole and are seeing billions in Food & Beverage Manufacturing investments in 2024 so far. Within 2024, cross-border capital investments in the Food and Beverage industry have surged, driven by both foreign and domestic companies.
More Topics
HEDC joins experts at annual conference
Dec 13 2024HEDC staffers gathered with contemporaries and colleagues from across the state recently to learn from experts embedded in fields imperative to developing economies.The IEDA 2024 Annual Conference was held at the Sheraton Indianapolis Hotel at Keystone Crossing.The Indiana Economic Development Association 2024 Annual Conference was in Indianapolis December 12 and 13...
The Greenfield City Council is set to consider a resolution that would start a Build-Operate-Transfer process for the construction of a new parking garage in conjunction with mixed-use development by private developer Tyler Ridge Group.The new garage would be constructed in what the city refers to as the Ranch parking...
With over 1,400 seats, state-of-the-art tech, and a stunning exterior/interior, the new auditorium at Greenfield-Central High School is an amazing venue for not only the school, but the entire community.Learn more about arts and culture in Hancock County here.
