SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of Ohio. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 304 new projects identified in Ohio during 2020.
The following are selected highlights on recent Ohio industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Ohio by Project Type:
Manufacturing Facilities - 115 New Projects
Processing Facilities - 62 New Projects
Distribution and Industrial Warehouse - 124 New Projects
Power/Energy/Oil and Gas - 6 New Projects
Laboratory Facilities - 17 New Projects
Mine - 0 New Projects
Data Center - 4 New Projects
Planned Industrial Construction in Ohio by Scope/Activity
New Construction - 116 New Projects
Expansion - 92 New Projects
Renovations/Equipment Upgrades - 122 New Projects
Relocations - 49 New Projects
Plant Closing - 12 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 155
Compressed Air Systems - 277
Control Systems and Instrumentation - 158
Conveyors - 180
Floor Coatings - 180
Material Handling/Storage Equipment - 215
Mechanical Construction - 258
Packaging Equipment - 131
Process Equipment - 53
Tanks/Vessels - 31
Largest Planned Industrial Construction Projects in Ohio
During the year 2020, our research team identified 42 industrial construction projects in Ohio with an estimated value of $25 million or more.
The largest project is owned by Facebook, Inc., who is planning to 1 billion for the expansion of their data center at 1 Community Circle in NEW ALBANY, OH by 1 million sf.
Top 10 Tracked Industrial Projects in Ohio
Williamsburg Township, OH
Pet food mfr. is planning to invest $550 million for the construction of a 1-million sf processing facility in WILLIAMSBURG TOWNSHIP, OH.
New Albany, OH
Cloud computing service provider is planning to invest $400 million for the construction of a 170,000 sf data center on Beech Road in NEW ALBANY, OH.
Franklin County, OH
Solar energy company is planning to invest $300 million for the construction of a 250 MW solar farm on a 2,000-acre site in FRANKLIN COUNTY, OH. Construction is expected to start in Spring 2022, with completion slated for late 2023.
Union County, OH
Cloud computing service provider is considering investing $200 million for the construction of a 250,000 sf data center and currently seeking a site in UNION COUNTY, OH.
North Baltimore, OH
Real estate development company is planning to invest $150 million for the construction of a 1 million sf logistics park in NORTH BALTIMORE, OH.
Furniture mfr. is planning to invest $70 million for the construction of a 1-million sf distribution facility in ETNA, OH. Completion is slated for late 2021.
Recycled paper products mfr. is planning to invest $72 million for the construction of a 350,000 sf manufacturing facility in HAMILTON, OH.
Steel products mfr. is planning to invest $70 million for the construction of a 250,000 sf manufacturing facility in DELTA, OH.
New Albany, OH
Packaging materials mfr. is planning to invest $68 million for an expansion of their manufacturing facility in NEW ALBANY, OH by 250,000 sf.
Home improvement retail chain is planning to invest $52 million for the renovation and equipment upgrades on a 200,000 sf warehouse, manufacturing, and wood recycling facility in RAVENNA, OH.
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: