Industrial SalesLeads released its March 2026 planned capital project spending report for the Industrial Manufacturing industry, tracking North American capital project activity across new plant construction, facility expansions, and equipment modernization projects. This month’s research confirms 165 new planned projects across the Industrial Manufacturing sector, led by 82 renovations and equipment upgrades, 56 expansions, and 39 new construction starts.
The following are selected highlights on new Industrial Manufacturing industry construction news.
Industrial Manufacturing – By Project Type
- Manufacturing/Production Facilities – 140 New Projects
- Distribution and Industrial Warehouse – 75 New Projects
Industrial Manufacturing – By Project Scope/Activity
- New Construction – 39 New Projects
- Expansion – 56 New Projects
- Renovations/Equipment Upgrades – 82 New Projects
- Plant Closings – 14 New Projects
Top Industrial Equipment Categories in Demand
85% of the identified industrial projects are seeking compressed air systems, lighting, HVAC, Material handling / Storage Equipment, lift trucks, and heat exchangers.
79% to 84% of the identified industrial projects are seeking air emissions control equipment, manufacturing equipment, control systems & instrumentation, loading dock equipment, conveyors, and cranes & hoists.
Industrial Manufacturing – By Project Location (Top 10 States)
- Ohio – 15
- Texas – 15
- Indiana – 12
- Wisconsin – 10
- Alabama – 9
- Michigan – 8
- New York – 7
- South Carolina – 7
- California – 6
- North Carolina – 6
- Kentucky – 5
Largest Planned Project
During the month of March, our research team identified 26 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Saronic Technologies, which plans to invest $3.2 billion to construct a manufacturing facility in BROWNSVILLE, TX.
Top 10 Tracked Industrial Manufacturing Projects
These 10 projects span from automotive, battery technology, consumer products, and pharmaceutical manufacturing, with a combined investment value exceeding $8.6B, reflecting broad-based capital commitment in March 2026.
GEORGIA: A pharmaceutical company is planning to invest $2 billion in the construction of a 460,000 SF. processing and office campus in DACULA, GA. The project is in the early design phase. Watch Industrial SalesLeads for updates.
MASSACHUSETTS: A consumer products manufacturer is planning to invest $1 billion to construct a manufacturing, research, and office facility at 232 A St. in BOSTON, MA. They are currently seeking approval for the project.
TENNESSEE: A battery component manufacturer is considering investing $1 billion to construct a manufacturing facility on West 19th Street in CHATTANOOGA, TN. Watch Industrial SalesLeads for updates.
NORTH CAROLINA: A steel manufacturer, A Steel, is planning to invest $875 million to construct a 1.6 million SF. manufacturing facility in COEFIELD, NC. They are currently seeking approval for the project.
KENTUCKY: An automotive manufacturer is planning to invest an additional $800 million in expansion and equipment upgrades at its manufacturing facility in GEORGETOWN, KY. They are currently seeking approval for the project.
OKLAHOMA: A tissue paper manufacturer is planning to invest $775 million in a 1 million sf expansion and equipment upgrades at its manufacturing and warehouse facility in INOLA, OK. They are currently seeking approval for the project. Completion is slated for Spring 2028.
PENNSYLVANIA: A medical isotopes company is planning to invest $450 million in the construction of a 250,000 SF. processing facility in PHILADELPHIA, PA. They are currently seeking approval for the project. Completion is slated for 2029.
ILLINOIS: A transportation equipment manufacturer is planning to invest $450 million in renovations and equipment upgrades at two manufacturing facilities in JOLIET, IL. They have recently received approval for the project. Completion is slated for 2027.
ALABAMA: An automotive component manufacturer is planning to invest $430 million to construct a 1 million-square-foot manufacturing and warehouse facility in GADSDEN, AL. They are currently seeking approval for the project.
OHIO: An automotive component manufacturer is planning to invest $313 million in a 215,000 sf expansion and equipment upgrades at its manufacturing facility in BELLEVUE, OH. Completion is slated for Fall 2027.
Want to know the deadline and contact information for these or hundreds of projects going on? Click here.
About Industrial SalesLeads, Inc.
Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence (IMI) identifies timely insights into companies planning significant capital investments, such as new construction, expansion, relocation, equipment modernization, and plant closings, in industrial facilities. The Outsourced Prospecting Services, an extension of your sales team, is designed to drive growth by generating qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.
