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