SalesLeads announced today the December 2020 results for the new planned capital project spending report for the Distribution and Supply Chain industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 185 new projects in the Distribution and Supply Chain sector.
The following are selected highlights on new Distribution Center and Warehouse construction news.
Distribution and Supply Chain - By Project Type
Distribution/Fulfillment Centers - 72 New Projects
Industrial Warehouse - 151 New Projects
Distribution and Supply Chain- By Project Scope/Activity
New Construction - 98 New Projects
Expansion - 32 New Projects
Renovations/Equipment Upgrades - 59 New Projects
Closing - 2 New Projects
Distribution and Supply Chain - By Project Location (Top 5 States)
Texas - 19
Florida - 13
California - 12
New York - 9
Ohio - 9
Largest Planned Project
During the month of December, our research team identified 5 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Netflix, who is planning to invest $1 billion for an expansion of their warehouse, studio production, and office complex in ALBUQUERQUE, NM. They are currently seeking approval for the project.
Top 10 Tracked Distribution and Supply Chain Project Opportunities
Grocery retail chain is planning to invest $112 million for the construction of a 350,000 distribution center in PLEASANT PRAIRIE, WI. Completion is slated for 2022.
Personal care products mfr. is planning to invest $165 million for the construction of a 1.2 million sf manufacturing and distribution facility on Bethel Road in MOORESVILLE, IN. Construction is expected to start in early 2021, with completion slated for Spring 2022.
Production equipment rental service provider is considering investing $300 million for the construction of a warehouse, office, and production studio in MILL BAY, BC. Watch SalesLeads for updates.
Beverage distributor is planning for the construction of a 282,000 sf warehouse and distribution facility in MIDDLETOWN, DE. They plan to consolidate regional operations upon completion in late 2021.
Electric vehicle mfr. is planning for the renovation and equipment upgrades on recently leased 500,000 sf of warehouse and distribution space at North Main St. in NORMAL, IL. Completion is slated for Summer 2021.
Truck mfr. is planning for the construction of a 290,000 sf warehouse and office facility at 6650 Randy Coe Ln. in LOUISVILLE, KY. They are currently seeking approval for the project.
Fresh produce supplier is planning for the construction of a 825,000 sf office, warehouse, and distribution facility at 16220 Wright Rd. in WILLIAMSPORT, MD. They have recently received approval for the project.
Personal care and home cleaning products mfr. is planning to invest $36 million for the renovation and equipment upgrades on a 508,000 sf manufacturing facility and distribution center at 11401 N. Congress Ave. in KANSAS CITY, MO. They have recently received approval for the project.
Consumer electronics retailer is planning to invest $40 million for the construction of a 740,000 sf distribution and office facility in RICHFIELD TOWNSHIP, OH. They are currently seeking approval for the project.
Global online retailer is planning for the construction of a 1 million sf distribution center in OKLAHOMA CITY, OK. They have recently received 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: