Research by SalesLeads’ experienced industrial market research team, shows 101 new planned Pharmaceutical projects tracked during the 2nd quarter of 2020.
Planned industrial project activity within the sector is up 2% YTD over the previous year.
The following are selected highlights on new Pharmaceutical industry construction news.
Pharmaceutical - By Project Type
Manufacturing/Processing Facilities - 65 New Projects
Laboratory Facilities - 38 New Projects
Distribution and Industrial Warehouse - 22 New Projects
Pharmaceutical - By Project Scope/Activity
New Construction - 26 New Projects
Expansion - 26 New Projects
Renovations/Equipment Upgrades - 59 New Projects
Plant Closing - 2 New Projects
Pharmaceutical - By Project Location(Top 5 States)
California - 16
Massachusetts - 12
New York - 11
Ohio - 8
Florida - 8
Largest Planned Project
During the 2nd quarter of 2020, our research team identified 5 new Pharmaceutical facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Grifols USA LLC, who is planning to invest $210 million for the construction of a 150,000 sf laboratory and processing facility in CLAYTON, NC. Completion is slated for 2022.
Top 5 Tracked Pharmaceutical Projects
Biotechnology company is planning to invest $200 million for the construction of a 416,000 sf warehouse, processing, and laboratory facility in PLAINVILLE, MA. They are currently seeking approval for the project.
Biotechnology company is planning to invest $110 million for the construction of a 140,000 sf laboratory and processing facility in CARLSBAD, CA. They expect to open in Summer 2021.
Pharmaceutical company is planning to invest $100 million for the expansion, renovation, and equipment upgrades of their processing facility in DE SOTO, KS. They are currently seeking approval for the project.
Biotechnology is planning to invest $100 million for the construction of a laboratory, warehouse, and office facility at Research Triangle Park in DURHAM, NC. They have recently received approval for the project.
Biotechnology company is planning to invest $30 million for the renovation and equipment upgrades on a 85,000 sf office and laboratory facility at 3435 Stelzer Road in COLUMBUS, OH. They are currently seeking approval for the project. They will relocate their DUBLIN, OH operations upon completion.
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: