SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of Texas. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 429 new projects identified in Texas during 2020.
The following are selected highlights on recent Texas industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Texas by Project Type:
Manufacturing Facilities - 85 New Projects
Processing Facilities - 88 New Projects
Distribution and Industrial Warehouse - 222 New Projects
Power/Energy/Oil and Gas - 10 New Projects
Laboratory Facilities - 18 New Projects
Mine - 0 New Projects
Data Center - 3 New Projects
Planned Industrial Construction in Texas by Scope/Activity
New Construction - 231 New Projects
Expansion - 71 New Projects
Renovations/Equipment Upgrades - 144 New Projects
Relocations - 89 New Projects
Plant Closing - 10 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 152
Compressed Air Systems - 396
Control Systems and Instrumentation - 160
Conveyors - 226
Floor Coatings - 260
Material Handling/Storage Equipment - 287
Mechanical Construction - 371
Packaging Equipment - 104
Process Equipment - 75
Tanks/Vessels - 54
Largest Planned Industrial Construction Projects in Texas
During the year 2020, our research team identified 65 industrial construction projects in Texas with an estimated value of $25 million of more.
The largest project is owned by Air Products And Chemicals, Inc., who is planning to invest $500 million for the construction of a hydrogen processing facility in TEXAS CITY, TX. They expect to be operational in Summer 2023.
Top 10 Tracked Industrial Projects in Texas
Leon County, TX
Renewable energy company is planning to invest $500 million for the construction of a 500MW solar farm on a 1,300-acre site in LEON COUNTY, TX. Construction will occur in two phases, with completion of the first phase slated for Summer 2022.
Fort Worth, TX
Social media company is planning to invest $200 million for the expansion of their data center at 5000 Like Way in FORT WORTH, TX by 170,000 sf. They have recently received approval for the project, with completion slated for 2022.
Hopkins County, TX
Solar energy company is planning to invest $275 million for the construction of a solar farm in HOPKINS COUNTY, TX. They are currently seeking approval for the project.
El Paso, TX
Apparel and home furnishing retail chain is planning to invest $150 million for the construction of a 1.7 million sf distribution center on Global Reach Dr. in EL PASO, TX. They have recently received approval for the project. The site will allow for a future 346,000 sf expansion.
Paper products mfr. is expanding and planning to invest $285 million for the construction of a manufacturing facility adjacent to their existing plant in SWEETWATER, TX. Completion is slated for late 2022.
Aerospace company is planning to invest $150 million for the construction of a 390,000 sf manufacturing, laboratory, and office facility in AUSTIN, TX. They will relocate regional operations upon completion in Summer 2022.
Specialty chemical producer is planning to invest $255 million for the construction of a processing facility in HOUSTON, TX. Construction is expected to start in early 2021.
Global online retailer is planning to invest $221 million for the construction of a 3.4 million sf distribution facility at 10507 Harlem Rd. in RICHMOND, TX. Completion is slated for late Summer 2021.
Midstream infrastructure company is planning to invest $150 million for the construction of an NGL processing plant in ROBSTOWN, TX. They have recently received approval for the project.
Aluminum can mfr. is planning to invest $100 million for the construction of a 450,000 sf manufacturing, warehouse, and distribution facility in WACO, TX. Completion is slated for late 2021.
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: