Research conducted by Industrial SalesLeads’ experienced industrial market research team identified 407 new planned industrial projects planned industrial projects in January. Overall planned project activity increased 3 percent compared with the previous month.
The following are selected highlights on new industrial construction news and project opportunities throughout North America.
Planned Industrial Construction – By Project Type:
- Manufacturing Facilities – 144 New Projects
- Processing Facilities – 73 New Projects
- Distribution and Industrial Warehouse – 197 New Projects
- Power/Energy/Oil and Gas – 8 New Projects
- Laboratory Facilities – 16 New Projects
- Mine – 0 New Projects
- Terminal – 0 New Projects
- Pipeline – 0 New Projects
Planned Industrial Construction – By Scope/Activity
- New Construction – 147 New Projects
- Expansion – 91 New Projects
- Renovations/Equipment Upgrades – 185 New Projects
- Plant Closing – 25 New Projects
Planned Industrial Construction – By Location (Top 10 States)
- New York – 31
- Texas – 30
- California – 27
- Indiana – 23
- Ohio – 20
- Michigan – 19
- Georgia – 18
- Wisconsin – 18
- Florida – 17
- Connecticut – 15
Largest Planned Industrial Construction Project
During the month of January, our research team identified 28 new General Industrial facility construction projects with an estimated value of $100 million or more.
The largest project is owned by GlobalWafers America, who is planning to invest $4 billion for the expansion of its manufacturing facility in SHERMAN, TX. They are currently seeking approval for the project.
Top 10 Tracked Industrial Construction Projects
TENNESSEE: Laser technology company is planning to invest $1.4 billion for the construction of a processing facility in OAK RIDGE, TN. They are currently seeking approval for the project.
TEXAS: Magnet MFR. is planning to invest $1.2 billion for the construction of a manufacturing facility in NORTHLAKE, TX. They are currently seeking approval for the project. Completion is slated for 2028.
WEST VIRGINIA: Energy company is planning to invest $1 billion for the construction of a 500 MW natural gas-fired power plant in MOUNDSVILLE, WV. They are currently seeking approval for the project.
CALIFORNIA: Aerospace company is planning to invest $1 billion for the construction of a 1 million SF manufacturing, research, and office campus in LONG BEACH, CA. They are currently seeking approval for the project.
ALABAMA: Valve and pipe MFR. is planning to invest $793 million for the expansion and equipment upgrades on its manufacturing facility in BIRMINGHAM, AL. They are currently seeking approval for the project.
TENNESSEE: Nuclear fuel supplier is planning to invest $560 million for the expansion of their manufacturing facility in OAK RIDGE, TN. They are currently seeking approval for the project.
GEORGIA: Global online retailer is planning to invest $500 million for the renovation and equipment upgrades on a 1.1 million sf distribution center at 7055 Campbellton Rd. in ATLANTA, GA. They are currently seeking approval for the project.
MICHIGAN: Coffee and beverage company is planning to invest $479 for the expansion of its processing and warehouse facility in NORTON SHORES, MI. They are currently seeking approval for the project.
INDIANA: Global life sciences company is planning to invest $435 million for the construction of a 500,000 sf processing, laboratory, and office facility in BROWNSBURG, IN. They are currently seeking approval for the project and will relocate their INDIANAPOLIS, IN operations upon completion in 2030.
LOUISIANA: Global retail chain is planning to invest $330 million for the renovation and equipment upgrades on its 1.3 million SF distribution center in OPELOUSAS, LA. 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 to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.
