Industrial SalesLeads‘ June 2026 report on planned capital project spending shows continued momentum in the Industrial Manufacturing sector, with 162 new projects tracked, representing Q2 growth of 8.72%. The Firm’s research, which spans North American facility expansions, new plant construction, and major equipment modernization efforts, identified 20 projects valued at $100 million or more, led by a $5 billion manufacturing and warehouse campus planned by Convalt Energy, Inc. in Gallup, NM.
The following are selected highlights on new Industrial Manufacturing industry construction news.
Industrial Manufacturing – By Project Type
- Manufacturing/Production Facilities – 147 New Projects
- Distribution and Industrial Warehouse – 65 New Projects
Industrial Manufacturing – By Project Scope/Activity
- New Construction – 49 New Projects
- Expansion – 51 New Projects
- Renovations/Equipment Upgrades – 91 New Projects
- Plant Closings – 11 New Projects
Industrial Manufacturing – By Project Location (Top 10 States)
- Texas – 11
- Indiana – 10
- Michigan – 9
- Wisconsin- 9
- New York – 8
- Ohio – 8
- Tennessee – 8
- Virginia – 8
- California – 7
- Alabama – 6
- Iowa – 6
Largest Planned Project
During the month of June, our research team identified 20 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Convalt Energy, Inc., which plans to invest $5 billion to construct a manufacturing and warehouse campus in GALLUP, NM. They are currently seeking approval for the project. Construction will occur in multiple phases.
Top 10 Tracked Industrial Manufacturing Projects
PENNSYLVANIA:
A steel company is planning to invest $3 billion in the construction of a manufacturing facility in BRADDOCK, PA. Construction is expected to start in late 2026, with completion slated for 2029.
MASSACHUSETTS:
A metal parts manufacturer plans to invest $1.3 billion in the construction of a manufacturing facility in DEVENS, MA. They are currently seeking approval for the project.
KANSAS:
An aerospace company is planning to invest $1 billion in the expansion and equipment upgrades at its manufacturing facility in WICHITA, KS. They are currently seeking approval for the project.
MONTANA:
An aerospace component mfr. is planning to invest $800 million for the construction of a 2 million SF manufacturing facility in GREAT FALLS, MT. Construction is expected to start in Summer 2026, with completion of phase I slated for late 2027.
CALIFORNIA:
A startup recycled-paper product manufacturer is planning to invest $500 million in the construction of a manufacturing facility in MODESTO, CA. They are currently seeking approval for the project.
INDIANA:
A biotechnology company is planning to invest $150 million in the construction of a 130,000 SF processing facility in WHITESTOWN, IN. They are currently seeking approval for the project.
SOUTH CAROLINA:
A pharmaceutical company is planning to invest $119 million in the expansion and equipment upgrades at its processing facility in NORTH AUGUSTA, SC. They are currently seeking approval for the project. Completion is slated for late 2027.
TENNESSEE:
A towing and recovery equipment manufacturer is planning to invest $100 million for the construction of a 200,000 SF manufacturing facility in OOLTEWAH, TN. Construction is expected to start in late Summer 2026.
DELAWARE:
A biotechnology company is planning to invest $100 million in the construction of a 138,000 SF laboratory, processing, and office facility in GLASGOW, DE. They are currently seeking approval for the project.
INDIANA:
A wire and cable manufacturer is planning to invest $100 million in a 143,000 SF expansion and equipment upgrades at its manufacturing facility at 7950 Rockville Rd. in INDIANAPOLIS, IN. They are currently seeking approval for the project.
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 on 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 with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com. Each month, our team provides hundreds of industrial reports within a variety of industries.
