A plan to build a $60 million cold storage facility in Houston, Texas, by XTL Inc., Philadelphia, Pa., is just one of 93 project plans by food and beverage firms to expand existing storage and distribution facilities or build new ones across the United States in 2017.

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.

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.

U.S. food and beverage processors will invest an estimated $6.5 billion their manufacturing and distribution assets during the next two years according to Industrial Info Resources (IIR).