SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of Georgia. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 180 new projects identified in Georgia during 2020.
The following are selected highlights on recent Georgia industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Georgia by Project Type:
Manufacturing Facilities - 51 New Projects
Processing Facilities - 44 New Projects
Distribution and Industrial Warehouse - 73 New Projects
Power/Energy/Oil and Gas - 1 New Project
Laboratory Facilities - 8 New Projects
Mine - 1 New Project
Data Center - 3 New Projects
Planned Industrial Construction in Georgia by Scope/Activity
New Construction - 75 New Projects
Expansion - 50 New Projects
Renovations/Equipment Upgrades - 76 New Projects
Relocations - 21 New Projects
Plant Closing - 0 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 87
Compressed Air Systems - 169
Control Systems and Instrumentation - 91
Conveyors - 109
Floor Coatings - 110
Material Handling/Storage Equipment - 126
Mechanical Construction - 163
Packaging Equipment - 73
Process Equipment - 41
Tanks/Vessels - 25
Largest Planned Industrial Construction Projects in Georgia
During the year 2020, our research team identified 48 industrial construction projects in Georgia with an estimated value of $25 million or more.
The largest project is owned by SK Innovation, who is planning to invest $940 million for the construction of a 430,000 sf manufacturing facility at their manufacturing complex in COMMERCE, GA.
Top 10 Tracked Industrial Projects in Georgia
Kings Bay, GA
Federal defense agency is planning to invest $842 million for an expansion, renovation, and equipment upgrades on their maintenance facility at their base in KINGS BAY, GA.
Pet food mfr. is planning to invest $550 million for an expansion of their processing facility in HARTWELL, GA.
Global computer and software company is planning to invest $420 million for the construction of a 250,000 sf data center in PALMETTO, GA.
West Point, GA
Automotive components mfr. is expanding and planning to invest $240 million for the construction of a new 620,000 sf manufacturing facility in WEST POINT, GA.
Lithia Springs, GA
Specialty beverage mfr. is planning to invest $145 million for the renovation and equipment upgrades on a 644,000 sf processing and distribution facility at 7705 Staples Dr. in LITHIA SPRINGS, GA.
Nutritional and food additive products mfr. is planning to invest $125 million for the expansion and equipment upgrades of their processing facility in ROME, GA.
Public transport authority is considering investing $110 million for the construction of a 105,000 sf warehouse and maintenance facility and currently seeking a site in CLAYTON, GA.
Salad dressing and marinade mfr. is planning to invest $103 million for the construction of a 344,000 sf processing and distribution facility at 220 Midland Court in MCDONOUGH, GA. The project includes the renovation and equipment upgrades of their existing plant in MCDONOUGH, GA. Completion is slated for early 2022.
Chemical company is planning to invest $86 million for an expansion of their manufacturing facility at 892 Power Line Road in JESUP, GA.
Brewery is planning to invest $85 million for the expansion and equipment upgrades of their production facility in CARTERSVILLE, GA.
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: