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  • Posted On Wednesday, May 12, 2021 by Evan Lamolinara

    IL

    SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of Illinois. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 191 new projects identified in Illinois during 2020.

    The following are selected highlights on recent Illinois industrial construction news and manufacturing capital projects.

     

    Planned Industrial Construction in Illinois by Project Type:

                Manufacturing Facilities - 28 New Projects

                Processing Facilities - 49 New Projects

                Distribution and Industrial Warehouse - 87 New Projects

                Power/Energy/Oil and Gas - 12 New Projects

                Laboratory Facilities - 11 New Projects

                Mine - 0 New Projects

                Data Center - 5 New Projects

                          

    Planned Industrial Construction in Illinois by Scope/Activity

                New Construction - 85 New Projects

                Expansion - 35 New Projects

                Renovations/Equipment Upgrades - 61 New Projects

                Relocations - 42 New Projects

                Plant Closing - 9 New Projects

     

    Opportunities - By Equipment Need

                Air Emissions Control Equipment - 76 

                Compressed Air Systems - 157

                Control Systems and Instrumentation - 85

                Conveyors - 73

                Floor Coatings - 98

                Material Handling/Storage Equipment - 114

                Mechanical Construction - 147

                Packaging Equipment - 53

                Process Equipment - 46

                Tanks/Vessels - 27

     

    Largest Planned Industrial Construction Projects in Illinois

    During the year 2020, our research team identified 31 industrial construction projects in Illinois with an estimated value of $25 million or more.

    The largest project is owned by Competitive Power Ventures, who is planning to invest $1 billion for the construction of a 1,300 MW combined-cycle natural gas-fired power plant in GRUNDY COUNTY, IL. Completion is slated for early 2023.

     

    Top 10 Tracked Industrial Projects in Illinois

    Dekalb, IL

    Social media company is planning to invest $800 million for the construction of a 907,000 sf data center on Route 23 and Gurler Road in DEKALB, IL. Construction will occur in phases, with completion of phase 1 slated for 2022.

     

    Hoffman Estates, IL

    Engineering firm is planning to invest $500 million for the construction of a 400,000 sf data center on Lakewood Boulevard in HOFFMAN ESTATES, IL

     

    Newton, IL

    Biofuel mfr. is planning to invest $400 million for the construction of a renewable diesel plant on a 40-acre site in NEWTON, IL.

     

    McLean County, IL

    Energy company is investing $243 million and has recently started the construction of a wind farm in MCLEAN COUNTY, IL.

     

    University Park, IL

    Global online retailer is investing $150 million for the construction of a 1 million sf distribution center in UNIVERSITY PARK, IL. Completion is slated for 2022.

     

    Bloomington, IL

    Chocolate and confectionery mfr. is planning to invest $70 million for an expansion and equipment upgrades of their processing facility at 2501 Beich Rd. in BLOOMINGTON, IL.

     

    Chicago, IL

    Retail company is planning to invest $40 million for the construction of a 1 million sf distribution center at 3501 S. Pulaski Rd. in CHICAGO, IL.

     

    Wilmington, IL

    Municipality is planning to invest $30 million for the construction of a bioprocessing facility in WILMINGTON, IL.

     

    Chicago, IL

    Food processing company is planning to invest $35 million for the renovation and equipment upgrade at their 249,000 sf warehouse and processing facility at 2501 North Keeler Avenue in CHICAGO, IL.

     

    Caseyville, IL

    Meat processing company is planning to invest $27 million for an expansion of their processing facility at 12 Tucker Drive in CASEYVILLE, IL.

     

    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:

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