SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of North Carolina. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 236 new projects identified in North Carolina during 2020.
The following are selected highlights on recent North Carolina industrial construction news and manufacturing capital projects.
Planned Industrial Construction in North Carolina by Project Type:
Manufacturing Facilities - 89 New Projects
Processing Facilities - 49 New Projects
Distribution and Industrial Warehouse - 78 New Projects
Power/Energy/Oil and Gas - 7 New Projects
Laboratory Facilities - 18 New Projects
Mine - 1 New Project
Data Center - 2 New Projects
Planned Industrial Construction in North Carolina by Scope/Activity
New Construction - 94 New Projects
Expansion - 59 New Projects
Renovations/Equipment Upgrades - 96 New Projects
Relocations - 40 New Projects
Plant Closing - 7 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 124
Compressed Air Systems - 211
Control Systems and Instrumentation - 126
Conveyors - 146
Floor Coatings - 133
Material Handling/Storage Equipment - 166
Mechanical Construction - 201
Packaging Equipment - 110
Process Equipment - 42
Tanks/Vessels - 24
Largest Planned Industrial Construction Projects in North Carolina
During the year 2020, our research team identified 50 industrial construction projects in North Carolina with an estimated value of $25 million or more.
The largest project is owned by Centene Corporation, who is planning to invest $1 billion for the construction of a 1 million sf corporate campus and data center in CHARLOTTE, NC.
Top 10 Tracked Industrial Projects in North Carolina
Aerospace company is planning to invest $650 million for the construction of a 1-million sf manufacturing facility in ASHEVILLE, NC.
Pharmaceutical company is planning to invest $470 million for the construction of a laboratory and processing facility in DURHAM, NC.
Pet food mfr. is planning to invest $450 million for the renovation and equipment upgrades on a 1-million sf processing facility at 863 East Meadow Rd. in EDEN, NC.
Industrial pipe and fitting mfr. is planning to invest $325 million for the construction of a manufacturing facility in OAKBORO, NC.
High Point, NC
Data center operator is considering investing $305 million for the construction of a data center and office facility in HIGH POINT, NC.
Research Triangle Park, NC
Medical equipment mfr. is planning to invest $300 million for the construction of a 1-million sf manufacturing facility in RESEARCH TRIANGLE PARK, NC. Completion is slated for late 2023.
Global shipping company is planning to invest $262 million for the construction of a warehouse at N.C. Commerce Park in GRAHAM, NC.
Chemical company is expanding and planning to invest $150 million for the construction of a processing facility at 1530 Hwy. 306 South in AURORA, NC. They plan to be operational in Spring 2022.
Research Triangle Park, NC
Biopharmaceutical company is planning to invest $150 million for the construction of a 140,000 sf processing facility in RESEARCH TRIANGLE PARK, NC. Completion is slated for early 2022.
Wholesale grocery distributor is planning to invest $120 million for a 200,000 sf expansion, renovation, and equipment upgrades at their distribution facility in HICKORY, NC.
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: