• Posted On Wednesday, December 11, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 431  new planned industrial projects tracked during the month of November. 

    Planned industrial project activity decreased by 1% from the previous month, and is down 5% 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 - 162 New Projects

                Processing Facilities - 118 New Projects

                Distribution and Industrial Warehouse - 149 New Projects

                Power/Energy/Oil and Gas - 13 New Projects

                Laboratory Facilities - 24 New Projects

                Mine - 1 New Project

                Terminal - 1 New Project

                Pipeline - 0 New Projects

               

    Planned Industrial Construction - By Scope/Activity

                New Construction - 195 New Projects

                Expansion - 122 New Projects

                Renovations/Equipment Upgrades - 134 New Projects

                Plant Closing - 22 New Projects

     

    Planned Industrial Construction - By Location (Top 10 States)

    Texas  - 30

    California - 26

    New York - 25

    Ohio - 25

    Indiana - 20

    Pennsylvania - 19

    Florida - 18

    Georgia - 15

    Michigan - 15

    Wisconsin - 15           

     

    Largest Planned Industrial Construction Project

     During the month of November, our research team identified 21 new General Industrial facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Sunflower Electric Power Corporation, who is planning to invest $2 billion for the construction of an 895MW coal-fired power processing plant in Holcomb, KS. They are currently seeking approval for the project. 

     

    Top 10 Tracked Industrial Construction Projects 

    TENNESSEE:

    Automotive mfr. is investing $800 million and has recently started a 762,000 sf expansion and equipment upgrades of their manufacturing and battery production facility in CHATTANOOGA, TN. Completion is slated for 2022.

     

    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.

     

    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.

     

    MINNESOTA:

    Energy company is planning to invest $700 million for the construction of a natural gas power plant in DULUTH, MN. They are currently seeking approval for the project. Completion is slated for 2025.

     

    MISSOURI:

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

     

    CALIFORNIA:

    Municipality is investing $200 million and has recently started the construction of a wastewater treatment processing plant at 2500 Navy Dr. in STOCKTON, CA.

     

    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.

     

    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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