• Posted On Tuesday, September 8, 2020 by Evan Lamolinara

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    SalesLeads announced today the August 2020 results for the new planned capital project spending report industrial manufacturing. The Firm tracks North American planned industrial capital activity including expansions, new plant construction and equipment modernizations. Research confirms 140 new industrial manufacturing projects.  

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

    Industrial Manufacturing - By Project Type

    •            Manufacturing/Production Facilities - 124 New Projects
    •            Distribution and Industrial Warehouse - 80 New Projects

               

    Industrial Manufacturing - By Project Scope/Activity

    •             New Construction - 40 New Projects
    •             Expansion - 50 New Projects
    •             Renovations/Equipment Upgrades - 69 New Projects
    •             Plant Closings - 9 New Projects

     

    Industrial Manufacturing - By Project Location(Top 10 States)

    •             Texas - 12
    •             North Carolina - 9
    •             Alabama - 8
    •             Ohio - 7
    •             Tennessee - 7
    •             Pennsylvania - 6
    •             New York - 6
    •             Michigan - 6
    •             South Carolina - 5
    •             Indiana - 5 

     

    Largest Planned Project 

    During the month of August, our research team identified 6 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by ArcelorMittal, who is planning to invest $500 million for the expansion and equipment upgrades of their manufacturing facility in CALVERT, AL. Completion is slated for Fall 2022. 

     

    Top 10 Tracked Industrial Manufacturing Projects 

    ARIZONA:

    Steel company is expanding and planning to invest $300 million for the construction of a manufacturing facility adjacent to their existing plant in MESA, AZ. Completion is slated for early 2023.

     

    INDIANA:

    Wires and cables mfr. is investing $46 million for a 250,000 sf expansion and equipment upgrades at their manufacturing facility in BREMEN, IN. Construction has recently started, with completion slated for 2021.

     

    ALABAMA:

    Automotive components mfr. is investing $59 million and has recently started equipment upgrades on a leased 200,000 sf manufacturing facility in MUSCLE SHOALS, AL. Completion is slated for Spring 2021.

     

    LOUISIANA:

    Startup lumber company is planning to invest $90 million for the construction of a saw-mill in GREENSBURG, LA. They are currently seeking approval for the project. They plan to be operational in 2022.

     

    MARYLAND:

    Pharmaceutical company is investing $27 million and has recently started the renovation of 22,000 sf of processing, warehouse, and laboratory space at 4600 Wedgewood Boulevard in FREDERICK, MD. They plan to be operational in early 2021.

     

    MAINE:

    Medical equipment mfr. is planning to invest $51 million for an expansion and equipment upgrades of their manufacturing facilities in GUILDFORD, ME and PITTSFIELD ME.

     

    NORTH CAROLINA:

    Furniture mfr. is planning to invest $27 million for the renovation and equipment upgrades on a recently leased 260,000 sf manufacturing facility in WHITSETT, NC. They have recently received approval for the project.

     

    NEW MEXICO:

    Aerospace company is considering investing $50 million for the construction of a manufacturing facility and currently seeking a site in NEW MEXICO. Watch SalesLeads for updates.

     

    OKLAHOMA:

    Corrugated packaging products mfr. is planning for the construction of a 550,000 sf manufacturing facility in TULSA, OK. Construction is expected to start in Fall 2020. They will relocate regional operations upon completion in Fall 2021.

     

    TEXAS:

    Aerospace company is planning for the renovation and equipment upgrades on 219,000 sf of recently leased manufacturing space in TEXARKANA, TX. 

     

    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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