• Posted On Friday, August 6, 2021 by Evan Lamolinara

    Indusjuly21

    SalesLeads announced today the July 2021 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 148 new projects in the Industrial Manufacturing sector.

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

     

    Industrial Manufacturing - By Project Type

              Manufacturing/Production Facilities - 136 New Projects

              Distribution and Industrial Warehouse - 55 New Projects

             

    Industrial Manufacturing - By Project Scope/Activity

              New Construction - 43 New Projects

              Expansion - 58 New Projects

              Renovations/Equipment Upgrades - 60 New Projects

              Plant Closings - 7 New Projects

     

    Industrial Manufacturing - By Project Location (Top 10 States)

              Texas - 12

              Ohio - 9

              North Carolina- 9

              Michigan - 9

              New York - 7

              Georgia - 7

              Pennsylvania - 7

              Indiana - 7

              South Carolina - 6

              Ontario - 6

    Largest Planned Project

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

    The largest project is owned by Samsung Electronics America, Inc., who is planning to invest $17 billion for the construction of a 6 million sf manufacturing facility in TAYLOR, TX. They are currently seeking approval for the project. Construction is expected to start in early 2022, with completion slated for late 2024.

     

    Top 10 Tracked Industrial Manufacturing Projects

    NEW YORK:

    Biotechnology company is planning to invest $1.8 billion for the expansion of their laboratory, processing, and office facility in TARRYTOWN, NY by 900,000 sf. Completion is slated for 2027.

    MICHIGAN:

    Semiconductor company is expanding and planning to invest $300 million for the construction of a 140,000 sf manufacturing facility in BAY CITY, MI. They are currently seeking approval for the project.

    NEBRASKA:

    Automotive mfr. is planning to invest $200 million for the expansion and equipment upgrades on their manufacturing facility in LINCOLN, NE. They have recently received approval for the project.

    QUEBEC:

    Wind turbine mfr. is planning to invest $160 million for an expansion of their manufacturing facility in GASPE, QC. They have recently received approval for the project.

    TEXAS:

    Specialty food packaging products mfr. is planning to invest $122 million for the construction of a manufacturing facility in LUFKIN, TX. They are currently seeking approval for the project.

    CALIFORNIA:

    Pharmaceutical company is planning to invest $126 million for a 15,000 sf expansion, renovation, and equipment upgrades on their processing facility in THOUSAND OAKS, CA. They have recently received approval for the project.

    MICHIGAN:

    Automotive mfr. is planning to invest $100 million for the renovation and equipment upgrades on a 270,000 sf EV battery manufacturing facility in ROMULUS, MI. They have recently received approval for the project.

    MISSOURI:

    Pharmaceutical company is planning to invest $83 million for the expansion of their manufacturing facility at 4766 La Guardia Dr. in BERKELEY, MO by 58,000 sf. They are currently seeking approval for the project.

    PENNSYLVANIA:

    Advanced materials mfr. is planning to invest $80 million for the construction of a manufacturing facility in BERKS COUNTY, PA. They have recently received approval for the project.

    MASSACHUSSETES:

    Medical device mfr. is planning to invest $41 million for the expansion of their warehouse and manufacturing facility in DEVENS, MA by 207,000 sf. 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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