SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the country of Canada. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 283 new projects identified in Canada during 2020.
The following are selected highlights on recent Canada industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Canada by Project Type:
Manufacturing Facilities - 93 New Projects
Processing Facilities - 112 New Projects
Distribution and Industrial Warehouse - 73 New Projects
Power/Energy/Oil and Gas - 16 New Projects
Laboratory Facilities - 7 New Projects
Mine - 4 New Projects
Data Center - 0 New Projects
Planned Industrial Construction in Canada by Scope/Activity
New Construction - 124 New Projects
Expansion - 71 New Projects
Renovations/Equipment Upgrades - 102 New Projects
Relocations - 13 New Projects
Plant Closing - 14 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 183
Compressed Air Systems - 260
Control Systems and Instrumentation - 170
Conveyors - 164
Floor Coatings - 171
Material Handling/Storage Equipment - 218
Mechanical Construction - 241
Packaging Equipment - 124
Process Equipment - 88
Tanks/Vessels - 66
Largest Planned Industrial Construction Projects in Canada
During the year 2020, our research team identified 23 industrial construction projects in Canada with an estimated value of $100 million or more.
The largest project is owned by Aquilini Investment Group, who is planning to invest $10 billion for the construction of an oil refinery in FORT MCMURRAY, AB.
Top 10 Tracked Industrial Projects in Canada
Startup specialty fiberboard mfr. is planning to invest $750 million for the construction of a 100,000 sf manufacturing facility in STETTLER, AB.
Electric utility service provider is planning to invest $750 million for the renovation and equipment upgrades on their 753 MW hydroelectric power plant in SAINT-ANDRE-D'ARGENTEUIL, QC. Completion is slated for 2027.
Pharmaceutical company is planning to invest $500 million for an expansion of their distribution and manufacturing facility in MISSISSAUGA, ON.
Biotechnology company is planning to invest $500 million for the expansion, renovation, and equipment upgrades at their processing and laboratory facility in MISSISSAUGA, ON.
Grocery retailer is planning to invest $420 million for the construction of a 600,000 sf distribution center in TERREBONNE, QC. Completion is slated for 2023.
Wood Buffalo, AB
Mining technology company is planning to invest $400 million for the construction of a processing facility in WOOD BUFFALO, AB. Completion is slated for 2022.
Glass mfr. is planning to invest $400 million for the construction of a manufacturing facility in STRATFORD, ON.
Prince George, BC
Hemp products provider is planning to invest $350 million for the construction of a growing, processing, and laboratory facility on Johnson Road in PRINCE GEORGE, BC.
Global online retailer is investing $200 million for the construction of a 450,000 sf distribution center at Citigate Business Park in BARRHAVEN, ON. Completion is slated for Fall 2021.
Fort Saskatchewan, AB
Chemical company is planning to invest $200 million for an expansion and equipment upgrades of their processing facility in FORT SASKATCHEWAN, AB.
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: