SalesLeads announced today the CY2020 results for the new planned industrial capital project spending report for the state of South Carolina. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 132 new projects identified in South Carolina during 2020.
The following are selected highlights on recent South Carolina industrial construction news and manufacturing capital projects.
Planned Industrial Construction in South Carolina by Project Type:
Manufacturing Facilities - 69 New Projects
Processing Facilities - 26 New Projects
Distribution and Industrial Warehouse - 48 New Projects
Power/Energy/Oil and Gas - 5 New Projects
Laboratory Facilities - 0 New Projects
Mine - 1 New Project
Data Center - 1 New Project
Planned Industrial Construction in South Carolina by Scope/Activity
New Construction - 49 New Projects
Expansion - 44 New Projects
Renovations/Equipment Upgrades - 51 New Projects
Relocations - 10 New Projects
Plant Closing - 7 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 88
Compressed Air Systems - 123
Control Systems and Instrumentation - 85
Conveyors - 98
Floor Coatings - 84
Material Handling/Storage Equipment - 107
Mechanical Construction - 121
Packaging Equipment - 76
Process Equipment - 23
Tanks/Vessels - 23
Largest Planned Industrial Construction Projects in South Carolina
During the year 2020, our research team identified 29 industrial construction projects in South Carolina with an estimated value of $25 million or more.
The largest project is owned by Nextera Energy, Inc., who is planning to invest $1 billion for the construction of a gas-fired power plant in FAIRFIELD COUNTY, SC. Completion is slated for late 2023.
Top 10 Tracked Industrial Projects in South Carolina
Beverage company is planning to invest $400 million for the construction of a 1-million sf production and distribution facility in COLUMBIA, SC. Completion is slated for Summer 2021.
Early Branch, SC
Food production company is planning to invest $314 million for the construction of a greenhouse, processing, and distribution complex in EARLY BRANCH, SC. Construction will occur in phases, with completion of the first phase slated for 2022.
Steel company is planning to invest $300 million for an expansion and equipment upgrades on their manufacturing facility in HUGER, SC.
Global retail chain is planning to invest $220 million for the construction of a 3-million sf distribution center in RIDGEVILLE, SC. Completion is slated for Fall 2021.
Paper products mfr. is planning to invest $175 million for the renovation and equipment upgrades of their manufacturing facility in EASTOVER, SC.
Paper products mfr. is planning to invest $145 million for an expansion and equipment upgrades of their manufacturing facility in DARLINGTON, SC. Completion is slated for early 2022.
Outdoor power equipment mfr. is planning to invest $100 million for the expansion of their warehouse and manufacturing facility at 100 Innovation Way in ANDERSON, SC by 1 million sf. Completion is slated for late 2022.
Tire mfr. is planning to invest $100 million for the expansion and equipment upgrades of their manufacturing facility in GREENVILLE, SC.
Solar energy company is planning to invest $85 million for the construction of a 100 MW solar farm in ORANGEBURG, SC. Completion is slated for 2023.
Nutritional food products mfr. is planning to invest $84 million for a 144,000 sf expansion of their warehouse and processing facility in SUMTER, SC. Completion is slated for late 2024.
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: