• Posted On Friday, December 3, 2021 by Evan Lamolinara

    Constructionnov2021

    Research by SalesLeads’ experienced industrial market research team, shows 431  new planned industrial projects tracked during the month of November.

    Planned industrial project activity increased by 1% 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 - 143 New Projects

              Processing Facilities - 124 New Projects

              Distribution and Industrial Warehouse - 163 New Projects

              Power/Energy/Oil and Gas - 13 New Projects

              Laboratory Facilities - 18 New Projects

              Mine - 1 New Project

              Terminal - 0 New Projects

              Pipeline - 0 New Projects

             

    Planned Industrial Construction - By Scope/Activity

              New Construction - 215 New Projects

              Expansion - 103 New Projects

              Renovations/Equipment Upgrades - 122 New Projects

              Plant Closing - 20 New Projects

     

    Planned Industrial Construction - By Location (Top 10 States)

              California - 28

              Texas - 27

              New York - 25

              Ohio - 21

              Indiana - 21

              Florida - 20

              Pennsylvania - 19

              North Carolina - 18

              Michigan - 16

              Ontario - 15

             

    Largest Planned Industrial Construction Project

    During the month of November, our research team identified 34 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Nacero Inc., who is planning to invest $6 billion for the construction of a processing facility in NEWPORT TOWNSHIP, PA. They are currently seeking approval for the project. Construction is expected to begin in 2022, with completion slated for 2026.

     

    Top 10 Tracked Industrial Construction Projects

    MISSISSIPPI:

    Energy company is planning to invest $3 billion for the construction of a processing facility in MISSISSIPPI. They are currently seeking approval for the project. Completion is slated for 2025.

    ALBERTA:

    Petrochemical company is planning to invest $2.5 billion for the construction of an ammonia and methanol processing facility in GRAND PRAIRIE, AB. Construction is expected to start in Spring 2023, with completion slated for Fall 2026.

    SASKATCHEWAN:

    Wholesale and manufacturing cooperative is planning to invest $2 billion for the construction of a renewable diesel and processing complex in REGINA, SK. They are currently seeking approval for the project.

     

    ALABAMA:

    Specialty food products mfr. is planning to invest $1 billion for the construction of a processing facility in MCCALLA, AL. Construction will occur in phases and is expected to start in early 2022, with completion slated for 2025.

    GEORGIA:

    Semiconductor equipment mfr. is planning to invest $473 million for the construction of a manufacturing facility at 3000 SKC Dr. in COVINGTON, GA. Completion is slated for Fall 2023.

    KENTUCKY:

    Automotive mfr. is planning to invest $460 million for an expansion and equipment upgrades on their manufacturing facility in GEORGETOWN, KY. They are currently seeking approval for the project.

    MISSOURI:

    Meat processing company is planning to invest $450 million for the construction of a processing facility in WRIGHT CITY, MO. They are currently seeking approval for the project. Completion is slated for late 2024.

    SOUTH CAROLINA:

    Flooring products mfr. is planning to invest $400 million for an expansion of their manufacturing facility in AIKEN, SC. They have recently received approval for the project. Completion is slated for late 2024.

    ARKANSAS:

    Specialty building materials mfr. is planning to invest $400 million for the construction of a manufacturing, processing, warehouse, and office facility at Little Rock Port in LITTLE ROCK, AR. Construction is expected to start in early 2022, with completion slated for 2024.

    IOWA:

    Construction firm is planning to invest $325 million for the construction of a meat processing facility in MILLS COUNTY, IA. Construction is expected to start in Spring 2022, with completion slated for late 2023.

     

    About SalesLeads, Inc.

    Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. 

    Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including:


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