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

    Posted On Monday, July 1, 2019 by SalesLeads, Inc.

    Screen Shot 2019-07-24 at 8.29.29 AM.png

    Research by SalesLeads’ experienced industrial market research team, shows 468 new planned industrial projects tracked during the month of June.

    Planned industrial project activity increased by 4% from the previous month, but is down 7% YTD from the previous year.

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

      

    Planned Industrial Construction - By Project Type:

              Manufacturing Facilities - 143 New Projects

              Processing Facilities - 137 New Projects

              Distribution and Industrial Warehouse - 166 New Projects

              Power/Energy/Oil and Gas - 18 New Projects

              Laboratory Facilities - 49 New Projects

              

    Planned Industrial Construction - By Scope/Activity

              New Construction - 199 New Projects

              Expansion - 123 New Projects

              Renovations/Equipment Upgrades - 174 New Projects

              Plant Closing - 28 New Projects

     

    Planned Industrial Construction - By Location (Top 10 States)

    Texas - 32

    California - 31

    Ohio - 23

    Indiana - 21

    Michigan - 21

    Florida - 20

    Pennsylvania - 20

    New York - 19

    North Carolina - 16

    Wisconsin - 16

     

    Largest Planned Industrial Construction Project

    During the month of May, our research team identified 20 new General Industrial facility construction projects with an estimated value of $100 million of more.

     The largest project is owned by the United States Department Of Energy, who is planning to invest $5 billion for the renovation and equipment upgrades of their plutonium processing facility at the Savannah River Site in AIKEN, SC. They are currently seeking approval for the project.

      

    Top 10 Tracked Industrial Construction Projects

    Ohio:

    Energy company is investing $1 billion for the construction of an 1100MW natural gas-fired power plant in WELLSVILLE, OH. Construction has recently started, with completion slated for June 2021.

    Texas:

    Steel company is considering investing $2 billion for the construction of a manufacturing facility in BROWNSVILLE, TX. Watch SalesLeads for updates.

    Pennsylvania:

    Co-working laboratory and office space provider is planning to invest $500 million for the renovation of a 1.6 million sf laboratory and office complex in KING OF PRUSSIA, PA. They are currently seeking approval for the project.

    New York:

    Energy company is planning to invest $650 million to convert two existing coal-fired power generation plants to renewable energy powered data centers in LANSING, NY. They are currently seeking approval for the project.

    Texas:

    Energy company is planning to invest $120 million for the construction of a solar plant in BLOOMING GROVE, TX. They have recently received approval for the project.

    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.

    Michigan:

    Utility service provider is planning to invest $478 million for the renovation and equipment upgrades on their power plant in BRIDGMAN, MI. They are currently seeking approval for the project.

    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.

    Kansas:

    Real estate development company is planning to invest $125 million for the construction of a 2.7 million sf warehouse and logistics complex on the Turner Diagonal in KANSAS CITY, KS. They are currently seeking approval for the project.

    Idaho:

    Renewable energy company is planning to invest $240 million for the construction of six biogas plants in BURLEY, ID. 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:

    Try It Free


Comment