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

    Posted On Sunday, January 12, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 409  new planned industrial projects tracked during the month of December. 

    Planned industrial project activity decreased by 5% 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 - 148 New Projects

                Processing Facilities - 118 New Projects

                Distribution and Industrial Warehouse - 137 New Projects

                Power/Energy/Oil and Gas - 16 New Projects

                Laboratory Facilities - 26 New Projects

                Mine - 2 New Projects

                Terminal - 3 New Projects

                Pipeline - 1 New Project

               

    Planned Industrial Construction - By Scope/Activity

                New Construction - 184 New Projects

                Expansion - 110 New Projects

                Renovations/Equipment Upgrades - 147 New Projects

                Plant Closing - 13 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

                Texas  - 30

                New York - 26

                Ohio - 25

                California - 22

                North Carolina - 20

                Indiana - 17

                Pennsylvania - 16

                Florida - 15

                Michigan - 14

                Wisconsin - 14           

     

    Largest Planned Industrial Construction Project 

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

    The largest project is owned by Chevron Phillips Chemical Company, who is planning to invest $6 billion for the construction of a processing facility in ORANGE, TX. They are currently seeking approval for the project. Construction is expected to start in 2024.

     

    Top 10 Tracked Industrial Construction Projects 

    OHIO:

    Automotive mfr. is planning to invest $2 billion for the construction of a battery manufacturing facility in LORDSTOWN, OH. Construction is expected to start in Summer 2020.

     

    WYOMING:

    Renewable energy company is planning to invest $1 billion for the construction of a 277-turbine wind farm in ALBANY and CARBON COUNTIES, WY. They have recently received approval for the project..

     

    MICHIGAN:

    Automotive mfr. is planning to invest $700 million for an expansion and equipment upgrades of their manufacturing facility in DEARBORN, MI. They are also planning to invest $700 million for an expansion and equipment upgrades of their plant in WAYNE, MI.

     

    NEW YORK:

    Fresh produce company is planning to invest $200 million for the construction of a growing and processing facility in WEBSTER, NY. They have recently received approval for the project.

     

    TEXAS:

    Snack food mfr. is planning to invest $128 million for the expansion of their processing facility in ROSENBERG, TX by 120,000 sf. They have recently received approval for the project. Construction is expected to start in January 2020, with completion slated for late 2021.

     

    WISCONSIN:

    Shipping and packaging materials supplier is planning to invest $130 million for the construction of a 1 million sf distribution center at Interstate 94 in KENOSHA, WI. They are currently seeking approval for the project.

     

    ALABAMA:

    Cement mfr. is planning to invest $250 million for the renovation and equipment upgrades on their processing facility in RAGLAND, AL. They have recently received approval for the project. Renovations are expected to start in early 2020, with completion slated for 2022.

     

    FLORIDA:

    Distillery is planning to invest $120 million for the construction of a 300,000 sf manufacturing facility in WINTER HAVEN, FL. They have recently received approval for the project. They expect to be operational in early 2021.

     

    INDIANA:

    Food and beverage company is planning to invest $200 million for the renovation and equipment upgrades of their processing facility in ANDERSON, IN. They are currently seeking approval for the project.

     

    KANSAS:

    Global retailer is planning to invest $200 million for the construction of a 1.8 million sf distribution facility in TOPEKA, KS. 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:

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