• Industrial News and Planned Industrial Construction Projects - JULY 2019 Recap

    Posted On Monday, August 12, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 477  new planned industrial projects tracked during the month of July.

    Planned industrial project activity increased by 2% from the previous month, but is down 6% YTD from the previous year.

    The following are selected highlights on new industrial construction news and project opportunities throughout North America.

      

    Planned Industrial Construction - By Project Type:

    •   Manufacturing Facilities - 146 New Projects
    •   Processing Facilities - 119 New Projects
    •   Distribution and Industrial Warehouse - 198 New Projects
    •   Power/Energy/Oil and Gas - 22 New Projects
    •   Laboratory Facilities - 31 New Projects

             

    Planned Industrial Construction - By Scope/Activity

    •  New Construction - 221 New Projects
    •  Expansion - 110 New Projects
    •  Renovations/Equipment Upgrades - 177 New Projects
    •  Plant Closing - 18 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

    •  California  - 39
    •  Texas - 37
    •  Ohio 23
    •  Michigan - 23
    •  New York -20
    •  Florida - 20
    •  Indiana - 19
    •  Pennsylvania - 17
    •  North Carolina - 16
    •  South Carolina - 15

      

    Largest Planned Industrial Construction Project

    During the month of July, our research team identified 22 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Chevron Phillips Chemical Company, LLC, who is planning to invest $8 billion for the construction of a petrochemical plant and processing complex. They are currently seeking a site in the Gulf Coast area of LA or TX.

     

    Top 10 Tracked Industrial Construction Projects

    NEW MEXICO:

    Electric utility service provider is planning to invest $5 billion for the construction of a 280MW natural gas fired power plant in WATERFLOW, NM. They will close their coal fired power plant currently in WATERFLOW, NM. They are currently seeking approval for the project.

    TENNESSEE:

    EV battery mfr. is considering investing $2 billion for the construction of a manufacturing facility and currently seeking a site in TENNESSEE. 

    FLORIDA:

    Municipality is investing $2 billion for the renovation and equipment upgrades on their wastewater treatment plant in MIAMI, FL. They are also considering a future relocation and the construction of a new facility and currently seeking a site in MIAMI, FL.

    OHIO:

    Energy company is planning to invest $120 million for the construction of waste-to-energy processing plants at multiple sites in OHIO.

    NORTH CAROLINA:

    Pharmaceutical company is planning to invest $680 million for the construction of a 225,000 sf laboratory and processing facility in DURHAM, NC. The project also includes the expansion of their processing facility in WILSON, NC. They have recently received approval for the project.

    MICHIGAN:

    Semiconductor equipment mfr. is planning to invest $150 million for the construction of a 230,000 sf office and manufacturing facility in ANN ARBOR, MI. They have recently received approval for the project. Completion is slated for Summer 2021. 

    MISSOURI:

    Agricultural research company is planning to invest $164 million for an expansion of their office and processing facility in CREVE COEUR, MO. They have recently received approval for the project. They plan to relocate operations from their location in RALEIGH, NC upon completion in Fall 2020.

    ARIZONA:

    Athletic apparel and accessories mfr. is planning to invest $185 million for the renovation and equipment upgrades on a manufacturing facility in GOODYEAR, AZ. They are currently seeking approval for the project. 

    WISCONSIN:

    Pharmaceutical company is planning to invest $250 million for the construction of a 100,000 sf processing facility in PLEASANT PRAIRIE, WI. Construction is expected to start in Fall 2019, with completion slated for 2022.

    VIRGINIA:

    Truck mfr. is expanding and planning to invest $400 million for the construction of a 350,000 sf manufacturing facility in DUBLIN, VA. The project also includes the renovation and equipment upgrades of their existing facilities at the same location. They have recently received approval for the project.

     

    Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials. 

    Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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