#1 Food Design Firm
Engineering News Record Unveils the Top Food and Beverage Design Firms for 2019
Dennis Group is ranked number one for the fifth consecutive year
Engineering News Record’s (ENR) newly released Top Design Firms Sourcebook ranked the top 500 design firms in the United States by market segment. The rankings were derived from an ENR survey of revenue for design and contractor services in 2018. Dennis Group was named the number one design firm in the nation for food and beverage for a fifth consecutive year.
Dennis Group reported $75.3 million in food-related design revenue, a 16% year-over-year increase, which is fifty percent higher than the nearest company on the ENR ranking.
According to Food Processing magazine’s 2019 Capital Spending Outlook released in April 2019, the 35 public companies in Food Processing’s Top 100© have budgeted $17.5 billion for capital spending in 2019, an 8 percent increase over their 2018 budgets during the same period last year
“While we have several large-scale construction projects under development right now, we’re also seeing a lot of consolidation and retrofit work from food manufacturers who are either automating and modernizing existing facilities or introducing new product lines catered to shifting consumer demands,” noted Dennis Group’s owner and president, Tom Dennis. “A strong economy in the last few years has helped spur investment in capital upgrades.”
Macro-trends in shifting consumer preferences such as demands for transparency, better-for-you options and alternative proteins continue to encourage product and packaging developments. “With the recent surge in start-up activity and product innovation, it’s an exciting time to be working in the food sector,” adds Dennis.