SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of Colorado. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 77 new projects identified in Colorado during 2020.
The following are selected highlights on recent Colorado industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Colorado by Project Type:
Manufacturing Facilities - 15 New Projects
Processing Facilities - 24 New Projects
Distribution and Industrial Warehouse - 33 New Projects
Power/Energy/Oil and Gas - 4 New Projects
Laboratory Facilities - 3 New Projects
Mine - 0 New Projects
Data Center - 0 New Projects
Planned Industrial Construction in Colorado by Scope/Activity
New Construction - 40 New Projects
Expansion - 17 New Projects
Renovations/Equipment Upgrades - 22 New Projects
Relocations - 9 New Projects
Plant Closing - 5 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 36
Compressed Air Systems - 64
Control Systems and Instrumentation - 38
Conveyors - 45
Floor Coatings - 46
Material Handling/Storage Equipment - 57
Mechanical Construction - 61
Packaging Equipment - 26
Process Equipment - 21
Tanks/Vessels - 15
Largest Planned Industrial Construction Projects in Colorado
During the year 2020, our research team identified 18 industrial construction projects in Colorado with an estimated value of $25 million or more.
The largest project is owned by EVRAZ North America, who is planning to invest $480 million for the renovation and equipment upgrades on their manufacturing facility in PUEBLO, CO.
Top 10 Tracked Industrial Projects in Colorado
Wheat Ridge, CO
Mining company is planning to invest $350 million for the construction of a processing facility in WHEAT RIDGE, CO. Watch SalesLeads for updates.
Renewable energy company is planning to invest $285 million for the construction of a 300 MW solar farm in PUEBLO, CO. Completion is slated for 2021.
Biotechnology company is planning to invest $150 million for a 25,000 sf expansion and equipment upgrades at their processing facility in FREDERICK, CO. They expect to be operational in late 2022.
Elbert County, CO
Renewable energy company is planning to invest $136 million for the construction of a 75 MW solar farm in ELBERT COUNTY, CO.
Colorado Springs, CO
Defense and space research organization is planning to invest $100 million for the expansion of their office, training, and laboratory facility in COLORADO SPRINGS, CO by 90,000 sf. Completion is slated for Spring 2022.
Industrial automation solution provider is planning to invest $100 million for a 180,000 sf expansion and equipment upgrades at their manufacturing, office, and laboratory facility in BOULDER, CO.
Automobile mfr. has recently agreed to pre-lease 550,000 sf of distribution and office space on Tower Road in DENVER, CO.
Retail chain is planning for the construction of a 300,000 sf distribution facility in AURORA, CO. The location will allow for a future 300,000 sf expansion.
Municipality is planning to invest $15 million for the construction of 4 aircraft hangars totaling 120,000 sf in LOVELAND, CO. The project includes the construction of a 15,000 sf maintenance facility at the site. Completion is slated for Summer 2021.
Global shipping company is planning to invest $11 million for the construction of a 47,000 sf warehouse at 10355 W. 120th Ave. in BROOMFIELD, CO.
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: