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  • Posted On Monday, July 01, 2019 by SalesLeads, Inc.

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    Research by SalesLeads’ experienced industrial market research team, shows 152 new planned Industrial Manufacturing industry projects tracked during the month of June.

    Planned industrial project activity within the sector decreased by 17% from the previous month, and down 4% 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 - 132 New Projects

    Distribution and Industrial Warehouse - 50 New Projects



    Industrial Manufacturing - By Project Scope/Activity

    New Construction - 34 New Projects

    Expansion - 52 New Projects

    Renovations/Equipment Upgrades - 75 New Projects

    Plant Closings - 20 New Projects



    Industrial Manufacturing - By Project Location(Top 10 States)

    California - 11

    Michigan - 9

    Ohio - 8

    South Carolina - 8

    Indiana - 8

    North Carolina - 8

    Quebec - 7

    Alabama - 6

    Wisconsin - 6

    New York - 5

     

    Largest Planned Project

    During the month of June, our research team identified 6 new Industrial Manufacturing facility construction projects with an estimated value of $100 million of more.

    The largest project is owned by Big River Steel, who is planning to construct a new manufacturing plant in Brownsville, TX. The project is currently in the early planning stages.


    Top 10 Tracked Industrial Manufacturing Projects

    NEW MEXICO: Specialty building material mfr. is planning to invest $1 billion for the renovation and equipment upgrades on a recently leased processing facility at San Juan County Industrial Park in AZTEC, NM.


    ALABAMA: Commercial truck and bus mfr. is planning to invest $125 million for an expansion and equipment upgrades of their manufacturing facility in HUNTSVILLE, AL.

    ARKANSAS: Aerospace company is planning to invest $142 million for the construction of a manufacturing facility in CAMDEN, AR. The project also includes the renovation and equipment upgrades of their existing facilities at the location. They have recently received approval for the project. Completion is slated for 2024.

    GEORGIA: Home appliance mfr. is planning to invest $43 million for an expansion and equipment upgrades of their manufacturing facility in LAFAYETTE, GA. They are also investing $32 million and have recently started the construction of a warehouse in CRANDALL, GA. Completion is slated for early 2020.

    KENTUCKY: Automotive wheels mfr. is planning to invest $112 million for a 270,000 sf expansion and equipment upgrades of their manufacturing facility at 150 Wheat Dr. in PARIS, KY. They have recently received approval for the project. Completion is slated for July 2021.

    MICHIGAN: Automotive mfr. is planning to invest $150 million for the renovation and equipment upgrades on their manufacturing facility in FLINT, MI. Completion is slated for early 2020.

    NEW JERSEY: Pharmaceutical company is investing $300 million and has recently started the construction of a 250,000 sf laboratory and manufacturing facility at 90 East Scott Avenue in RAHWAY, NJ. Completion is slated for early 2021.


    FLORIDA: Ship building company is planning to invest $70 million for the renovation and equipment upgrades on their warehouse and manufacturing facility on Nelson St. in PANAMA CITY, FL. They have recently received approval for the project.

    NORTH CAROLINA: HVAC equipment mfr. is planning to invest $60 million for the construction of a manufacturing facility in SHELBY, NC. The project also includes the expansion and equipment upgrades on a recently acquired manufacturing facility in SHELBY, NC.

    PENNSYLVANIA: Biotechnology company is planning to invest $75 million for the construction of a 136,000 sf processing facility at Philadelphia Navy Yard in PHILADELPHIA, PA. Completion is slated for Summer 2021.


    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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