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

    Posted On Monday, October 28, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 437  new planned industrial projects tracked during the month of October.

    Planned industrial project activity decreased by 3% from the previous month, and is down 6% 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 - 144 New Projects

              Processing Facilities - 145 New Projects

              Distribution and Industrial Warehouse - 161 New Projects

              Power/Energy/Oil and Gas - 13 New Projects

              Laboratory Facilities - 30 New Projects

              Mine - 0 New Projects

              Terminal - 0 New Projects

              Pipeline - 1 New Project

             

    Planned Industrial Construction - By Scope/Activity

              New Construction - 184 New Projects

              Expansion - 114 New Projects

              Renovations/Equipment Upgrades - 171 New Projects

              Plant Closing - 16 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

              Texas  - 29

              California - 25

              New York - 23

              Ohio - 22

              Indiana - 22

              Florida - 20

              Michigan - 19

              Pennsylvania - 17

              Illinois - 16

              North Carolina - 15

        

    Largest Planned Industrial Construction Project

    During the month of October, our research team identified 25 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by West Coast Olefins Limited, who is planning to invest $6 billion for the construction of a processing facility in Prince George, BC. They are currently seeking approval for the project.

     

    Top 10 Tracked Industrial Construction Projects

    MISSOURI:

    Automotive mfr. 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.

    LOUISIANA:

    Chemical company is planning to invest $375 million for an expansion and equipment upgrades on their processing facility in PLAQUEMINE, LA. They have recently received approval for the project.

    NEW YORK:

    Specialty development firm is planning to invest $315 million for the construction of a recycled container board 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.

    OHIO:

    Food processing company is planning to invest $225 million for an expansion of their soybean processing facility in SIDNEY, OH. Completion is slated for 2022.

    CALIFORNIA:

    Energy company is planning to invest $350 million for the construction of a lithium extraction processing facility in IMPERIAL, CA. Completion is slated for 2023.

    WISCONSIN:

    Integrated energy company is planning to invest $400 million for the construction of a petroleum processing facility at 2407 Stinson Ave. in SUPERIOR, WI. They have recently received approval for the project. Completion is slated for Spring 2021.

    ALABAMA:

    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.

    ARIZONA:

    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.

    INDIANA:

    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.

    GEORGIA:

    Energy company is planning to invest $500 million for the construction of a 1,000MW solar farm in SUMTER COUNTY, GA. They are currently seeking 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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