Research by SalesLeads’ experienced industrial market research team, shows 147 new planned Industrial Manufacturing industry projects tracked during the month of October.
Planned industrial project activity within the sector remained the same from the previous month, but is 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 - 131 New Projects
Distribution and Industrial Warehouse - 66 New Projects
Industrial Manufacturing - By Project Scope/Activity
New Construction - 43 New Projects
Expansion - 47 New Projects
Renovations/Equipment Upgrades - 69 New Projects
Plant Closings - 10 New Projects
Industrial Manufacturing - By Project Location(Top 10 States)
Indiana - 13
New York - 12
Michigan - 10
Ohio - 8
Texas - 7
North Carolina - 7
South Carolina - 6
Virginia - 6
Florida - 6
Arizona - 4
Largest Planned Project
During the month of October, our research team identified 8 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by General Motors, who is planning to invest $1.5 billion for an expansion, renovation, and equipment upgrades of their manufacturing facility at 1500 Highway A in Wentzville, MO. They have recently received approval for the project.
Top 10 Tracked Industrial Manufacturing Projects
Metal packaging products mfr. is planning to invest $218 million for a 250,000 sf expansion and equipment upgrades of their manufacturing facility on Ball Dr. in ROME, GA. They have recently received approval for the project. Construction will occur in two phases, completion is slated for late 2020.
Cement company is investing $600 million for the construction of a processing facility in MITCHELL, IN. Construction has recently started, with completion slated for Summer 2022.
Wood pellet mfr. is planning to invest $175 million for the construction of a manufacturing facility in EPES, AL. They are currently seeking approval for the project. Construction is expected to start in early 2020, with completion slated for early 2021.
Nutritional supplements mfr. is planning to invest $150 million for the renovation and equipment upgrades a recently acquired 397,000 sf warehouse and processing facility in PHOENIX, AZ.
Specialty development firm is planning to invest $315 million for the construction of a recycled containerboard processing facility at 1900 River Road in CASTLETON-ON-HUDSON, NY. They are currently seeking approval for the project. Completion is slated for early 2022.
Aircraft mfr. is planning to invest $135 million to establish an office, warehouse, manufacturing, and storage facility in BOISBRIAND, QC. They expect to be operational in Fall 2020.
Automotive parts mfr. is investing $40 million and has recently started the construction of a manufacturing facility in RICHMOND, KY. Completion is slated for June 2020.
Specialty wood products mfr. is planning to invest $31 million for the construction of a 300,000 sf manufacturing facility in LINCOLN, ME. They have recently acquired the site for the project.
Specialty robotics equipment mfr. is expanding and planning for the construction of a 915,000 sf manufacturing complex at the Port of West Sacramento in WEST SACRAMENTO, CA. They are currently seeking approval for the project. They plan to relocate operations upon completion.
Specialty healthcare service provider is planning to invest $37 million for the renovation and equipment upgrades on a 150,000 sf manufacturing facility in KYLE, TX. They have recently received approval for the project. Completion is slated for February 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: