• Posted On Monday, April 13, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 407  new planned industrial projects tracked during the month of March. 

    Planned industrial project activity decreased by 7% from the previous month. 

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

     

    Planned Industrial Construction - By Project Type:

                Manufacturing Facilities - 105 New Projects

                Processing Facilities - 119 New Projects

                Distribution and Industrial Warehouse - 175 New Projects

                Power/Energy/Oil and Gas - 29 New Projects

                Laboratory Facilities - 22 New Projects

                Mine - 3 New Projects

                Terminal - 0 New Projects

                Pipeline - 0 New Projects

               

    Planned Industrial Construction - By Scope/Activity

                New Construction - 174 New Projects

                Expansion - 92 New Projects

                Renovations/Equipment Upgrades - 141 New Projects

                Plant Closing - 17 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

                Texas  - 35

                California - 24

                Florida - 23

                New York - 22

                Indiana - 20

                Pennsylvania - 19

                Ohio - 18

                North Carolina - 18

                Illinois - 17

                Michigan - 14           

     

    Largest Planned Industrial Construction Project

    During the month of March, our research team identified 17 new General Industrial facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Nacero, who is planning to invest $3 billion for the construction of a processing facility on Maricopa-Casa Grande Hwy. in CASA GRANDE, AZ. Construction is expected to start in 2021, with completion slated for 2025. They are also planning for the construction of a solar farm at the same location. 

     

    Top 10 Tracked Industrial Construction Projects 

    SOUTH CAROLINA:

    Energy company is planning to invest $1 billion for the construction of a gas-fired power plant in FAIRFIELD COUNTY, SC. They are currently seeking approval for the project. Completion is slated for late 2023.

     

    OHIO:

    Chemical company is planning for the construction of an ethane processing facility in BELMONT COUNTY, OH. They are currently seeking approval for the project.

     

    QUEBEC:

    Grocery retailer is planning to invest $420 million for the construction of a 600,000 sf distribution center in TERREBONNE, QC. Completion is slated for 2023.

     

    SOUTH DAKOTA:

    Seafood company is planning to invest $300 million for the construction of a processing facility in MADISON, SD.

     

    CALIFORNIA:

    Airport authority is planning to invest $139 million for the construction of a 411,000 sf warehouse and maintenance hangar at 6010 W. Avion Dr. in LOS ANGELES, CA. They have recently received approval for the project. Completion is slated for early 2021.

     

    TENNESSEE:

    Bakery company is planning to invest $225 million for an expansion and equipment upgrades of their processing facility on Apison Pike in COLLEGEDALE, TN. They have recently received approval for the project. Construction is expected to start in Summer 2020.

     

    BRITISH COLUMBIA:

    Hemp products provider is planning to invest $350 million for the construction of a growing, processing, and laboratory facility on Johnson Road in PRINCE GEORGE, BC. They are currently seeking approval for the project.

     

    FLORIDA:

    Global beverage company is planning to invest $300 million for the construction of a 1 million sf processing and distribution facility in BRANDON, FL. They have recently received approval for the project.

     

    GEORGIA:

    Nutritional and food additive products mfr. is planning to invest $125 million for the expansion and equipment upgrades of their processing facility in ROME, GA. Completion is slated for early 2021.

     

    KENTUCKY:

    Specialty packaging mfr. is investing $147 million and has recently started the construction of a 327,000 sf manufacturing facility at 1318 Commonwealth Boulevard in BOWLING GREEN, KY. They expect to be operational in Spring 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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