SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of New York. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 397 new projects identified in New York during 2020.
The following are selected highlights on recent New York industrial construction news and manufacturing capital projects.
Planned Industrial Construction in New York by Project Type:
Manufacturing Facilities - 96 New Projects
Processing Facilities - 89 New Projects
Distribution and Industrial Warehouse - 176 New Projects
Power/Energy/Oil and Gas - 13 New Projects
Laboratory Facilities - 31 New Projects
Mine - 0 New Projects
Data Center - 2 New Projects
Planned Industrial Construction in New York by Scope/Activity
New Construction - 140 New Projects
Expansion - 81 New Projects
Renovations/Equipment Upgrades - 166 New Projects
Relocations - 74 New Projects
Plant Closing - 13 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 168
Compressed Air Systems - 349
Control Systems and Instrumentation - 185
Conveyors - 215
Floor Coatings - 202
Material Handling/Storage Equipment - 254
Mechanical Construction - 334
Packaging Equipment - 131
Process Equipment - 78
Tanks/Vessels - 42
Largest Planned Industrial Construction Projects in New York
During the year 2020, our research team identified 50 industrial construction projects in New York with an estimated value of $25 million or more.
The largest project is owned by Danskammer Energy, LLC., who is planning to invest $500 million for the construction of a natural gas-fired power plant in NEWBURGH, NY.
Top 10 Tracked Industrial Projects in New York
Economic development agency is planning to invest $320 million for the construction of a 500,000 sf film and television production complex in BROOKLYN, NY.
Broome County, NY
Energy company is planning to invest $213 million for the construction of a 124 MW wind farm in BROOME COUNTY, NY.
Lithium-ion battery recycling company is expanding and planning to invest $175 million for the construction of a processing facility at Eastman Business Park in ROCHESTER, NY.
Healthcare service provider is planning to invest $141 million for an expansion of their hospital and laboratory facility in BROOKLYN, NY.
East Fishkill, NY
Global online retailer is planning to invest $135 million for the construction of a 629,000 sf distribution center in EAST FISHKILL, NY. Construction is expected to start in early 2021, with completion slated for Summer 2022.
Grand Island, NY
Biotechnology company is planning to invest $90 million for a 50,000 sf expansion, renovation, and equipment upgrades on their manufacturing facility in GRAND ISLAND, NY. Construction is expected to start in early 2021, with completion slated for late 2022.
Healthcare service provider is planning to invest $90 million for the construction of a central utility plant on their campus in OCEANSIDE, NY.
Automotive mfr. is planning to invest $70 million for an expansion and equipment upgrades of their manufacturing facility in TONAWANDA, NY.
Educational institution is planning to invest $70 million for the construction of a 125,000 sf institutional, training center, and manufacturing facility in TROY, NY.
Municipality is planning to invest $54 million for an expansion of their wastewater treatment processing plant in HARRIMAN, NY.
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: