• Posted On Saturday, June 6, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 421  new planned industrial projects tracked during the month of May. 

    Planned industrial project activity increased by 3% 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 - 135 New Projects

              Processing Facilities - 100 New Projects

              Distribution and Industrial Warehouse - 182 New Projects

              Power/Energy/Oil and Gas - 16 New Projects

              Laboratory Facilities - 25 New Projects

              Mine - 3 New Projects

              Terminal - 2 New Projects

              Pipeline - 0 New Projects

             

    Planned Industrial Construction - By Scope/Activity

              New Construction - 179 New Projects

              Expansion - 101 New Projects

              Renovations/Equipment Upgrades - 148 New Projects

              Plant Closing - 27 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

              California - 32

              Texas - 31

              New York - 22

              Ohio - 21

              Indiana - 19

              Florida - 18

              Michigan - 16

              Georgia - 15

              Wisconsin - 13

              Pennsylvania - 13

     

    Largest Planned Industrial Construction Project

    During the month of May, our research team identified 12 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Taiwan Semiconductor Manufacturing Company Ltd., who is planning to invest $12 billion for the construction of a manufacturing facility and currently seeking a site in PHOENIX, AZ. Construction is expected to start in 2021.

      

    Top 10 Tracked Industrial Construction Projects

    ALBERTA:

    Mining technology company is planning to invest $400 million for the construction of a processing facility in WOOD BUFFALO, AB. They are currently seeking approval for the project. Completion is slated for 2022.

     

    CONNECTICUT:

    Global online retailer is planning to invest $200 million for the renovation and equipment upgrades on an 823,000 sf distribution center at 1201 Kennedy Road in WINDSOR, CT. They are currently seeking approval for the project.

     

    IOWA:

    Food processing company is planning to invest $230 million for the construction of a chemical processing facility at their complex in EDDYVILLE, IA. The project also includes equipment upgrades on their existing facilities at the same location. They have recently received approval for the project.

     

    ILLINOIS:

    Biofuel mfr. is planning to invest $400 million for the construction of a renewable diesel plant on a 40-acre site in NEWTON, IL. They have recently received approval for the project.

     

    LOUSIANNA:

    Oil and gas company is considering the construction of an LNG terminal on a 600-acre site in PLAQUEMINES PARISH, LA. Watch SalesLeads for updates.

     

    CALIFORNIA:

    Municipality is planning to invest $990 million for the renovation and equipment upgrades on their water treatment processing plant in SAN FRANCISCO, CA. They are currently seeking approval for the project.

     

    ALABAMA:

    Automotive mfr. is considering the construction of a battery manufacturing facility in TUSCALOOSA, AL. Watch SalesLeads for updates.

     

    COLORADO:

    Industrial automation solution provider is planning to invest $100 million for a 180,000 sf expansion and equipment upgrades at their manufacturing, office, and laboratory facility in BOULDER, CO.

     

    FLORIDA:

    Global online retailer is planning for the renovation and equipment upgrades on a 1.1 million sf distribution facility at 3015 Coast Line Dr. in ORLANDO, FL. They have recently received approval for the project.

     

    GEORGIA:

    Bakery products mfr. is planning to invest $34 million for the renovation and equipment upgrades on a 102,000 sf processing facility at 5601 Bucknell Drive SW in ATLANTA, GA. 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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