• Industrial Manufacturing News and Planned Industrial Project Reports - February 2020 Recap

    Posted On Wednesday, March 11, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 144 new planned Industrial Manufacturing industry projects tracked during the month of February. 

    The following are selected highlights on new Industrial Manufacturing industry construction news.

     

    Industrial Manufacturing - By Project Type

                Manufacturing/Production Facilities - 132 New Projects

                Distribution and Industrial Warehouse - 56 New Projects

               

    Industrial Manufacturing - By Project Scope/Activity

                New Construction - 39 New Projects

                Expansion - 50 New Projects

                Renovations/Equipment Upgrades - 60 New Projects

                Plant Closings - 17 New Projects

     

    Industrial Manufacturing - By Project Location(Top 10 States)

                North Carolina - 12

                Indiana - 10

                Ohio - 10

                Texas - 8

                Michigan - 7

                South Carolina - 7

                Pennsylvania - 6

                Tennessee - 6

                New York - 6

                California - 5

      

    Largest Planned Project 

    During the month of February, our research team identified 4 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Nucor Steel, who is planning to invest $300 million for an expansion and equipment upgrades on their manufacturing facility in HUGER, SC. They have recently received approval for the project. 

     

    Top 10 Tracked Industrial Manufacturing Projects 

    INDIANA:

    Automobile mfr. is planning to invest $158 million for an expansion and equipment upgrades of their warehouse and manufacturing facility in LAFAYETTE, IN. Construction is expected to start in Summer 2020.

     

    NORTH CAROLINA:

    Biotechnology company is planning to invest $109 million for the renovation and equipment upgrades of a recently acquired processing facility in SANFORD, NC. They have recently received approval for the project.

     

    WASHINGTON:

    Aerospace technology company is planning to invest $145 million for the expansion of their manufacturing facility in SPOKANE, WA by 75,000 sf. Construction is expected to start in 2021.

     

    TENNESSEE:

    Automotive parts mfr. is planning to invest $87 million for the expansion of their manufacturing facility in LEWISBURG, TN by 236,000 sf. Completion is slated for Summer 2021.

     

    VIRGINIA:

    Water heater mfr. is planning to invest $78 million for a 592,000 sf expansion and equipment upgrades on a warehouse and manufacturing facility at 3000 John Deere Road in TOANO, VA. They have recently received approval for the project.

     

    SOUTH CAROLINA:

    Custom packaging film mfr. is planning to invest $43 million for the renovation and equipment upgrades on a manufacturing facility at 234 Grace Ave. in LANCASTER, SC. They have recently received approval for the project. Completion is slated for January 2021.

     

    OHIO:

    Steel products mfr. is planning to invest $70 million for the construction of a 250,000 sf manufacturing facility in DELTA, OH. Watch SalesLeads for updates.

     

    MICHIGAN:

    Industrial equipment mfr. is planning to invest $45 million for an expansion and equipment upgrades of their manufacturing facility in WARREN, MI. They have recently received approval for the project.

     

    COLORADO:

    Aerospace company is investing $80 million for a 40,000 sf expansion and equipment upgrades on their manufacturing facility in PUEBLO, CO. Completion is slated for 2021.

     

    FLORIDA:

    Steel fabrication company is planning to invest $30 million for the renovation and equipment upgrades on their manufacturing facility at 16770 Rebar Rd. in JACKSONVILLE, FL. They are currently seeking 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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