• Industrial Manufacturing News and Planned Industrial Project Reports - November 2019 Recap

    Posted On Wednesday, December 11, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 154 new planned Industrial Manufacturing industry projects tracked during the month of November. 

    Planned industrial project activity within the sector increased by 5% from the previous month, but is down 6% YTD from the previous year. 

    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 - 54 New Projects

               

    Industrial Manufacturing - By Project Scope/Activity

                New Construction - 39 New Projects

                Expansion - 60 New Projects

                Renovations/Equipment Upgrades - 58 New Projects

                Plant Closings - 18 New Projects

     

    Industrial Manufacturing - By Project Location (Top 10 States)

    Indiana - 13

    Ohio - 12

    Texas - 11

    New York - 10

    North Carolina - 8

    Georgia - 7

    Michigan - 7

    Tennessee - 7

    Pennsylvania - 6

    Ontario - 6

      

    Largest Planned Project

    During the month of November, our research team identified 12 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

     The largest project is owned by Volkswagen Of America, Inc., who is is investing $800 million on a 762,000 sf expansion and equipment upgrades of their manufacturing and battery production facility in Chattanooga, TN. Completion is slated for 2022.

     

    Top 10 Tracked Industrial Manufacturing Projects 

    ALABAMA:

    Automotive mfr. is planning to invest $410 million for a 230,000 sf expansion and equipment upgrades of their manufacturing facility in MONTGOMERY, AL Completion is slated for 2021.

     

    ARKANSAS:

    Metal products mfr. is planning to invest $150 million for the construction of a manufacturing facility in OSCEOLA, AR. Construction is expected to start in Summer 2020, with completion slated for late 2021.

     

    FLORIDA:

    Biotechnology company is planning to invest $180 million for the construction of a 190,000 sf processing facility in ORLANDO, FL. They are currently seeking approval for the project.

     

    GEORGIA:

    Paper towel and tissue mfr. is planning to invest $400 million for an expansion and equipment upgrades of their manufacturing facility in MACON, GA. Completion is slated for 2022.

     

    INDIANA:

    Pharmaceutical company is planning to invest $400 million for the renovation and equipment upgrades on their processing facility in INDIANAPOLIS, IN. They have recently received approval for the project.

     

    MICHIGAN:

    Agricultural company is planning to invest $145 million for an expansion of their processing facility in MIDLAND, MI. They have recently received approval for the project.

     

    MISSOURI:

    Automotive mfr. is planning to invest $400 million for an expansion and equipment upgrades of their manufacturing facility in KANSAS CITY, MO. Construction is slated to begin in Summer 2020.

     

    NEVADA:

    Industrial equipment mfr. is planning to invest $327 million for the construction of a 2 million sf manufacturing facility in HENDERSON, NV. They are currently seeking approval for the project. Construction is expected to start in April 2020, with completion slated for late 2022.

     

    OHIO:

    Automotive mfr. is planning to invest $175 million for the construction of a 251,000 sf manufacturing facility in BROOKVILLE, OH. Completion is slated for late 2020.

     

    SOUTH CAROLINA:

    Paper products mfr. is planning to invest $240 million for the renovation and equipment upgrades on a manufacturing facility at 5300 Cureton Ferry Road in CATAWBA, SC. 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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