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Posted On Wednesday, October 06, 2021 by Evan Lamolinara

Q3 Ind Mfg 2021

SalesLeads announced today the Q3-2021 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 455 new projects in the Industrial Manufacturing sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing - By Project Type

            Manufacturing/Production Facilities - 405 New Projects

            Distribution and Industrial Warehouse - 167 New Projects

           

Industrial Manufacturing - By Project Scope/Activity

            New Construction - 153 New Projects

            Expansion - 157 New Projects

            Renovations/Equipment Upgrades - 175 New Projects

            Plant Closings - 26 New Projects

 

Industrial Manufacturing - By Project Location (Top 10 States)

            Texas - 34

            Indiana - 32

            North Carolina - 31

            Michigan - 26

            Ohio - 24

            Pennsylvania - 22

            Georgia - 19

            Ontario - 18

            Tennessee - 16

            Wisconsin - 16

Largest Planned Project

During the 3rd quarter of 2021, our research team identified 41 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Samsung Electronics America, Inc., who is planning to invest $17 billion for the construction of a 6 million sf manufacturing facility in TAYLOR, TX. They are currently seeking approval for the project. Construction is expected to start in early 2022, with completion slated for late 2024.

 

Top 10 Tracked Industrial Manufacturing Projects

TENNESSEE: Ford Motor Company

Automotive mfr. is planning to invest $5.6 billion for the construction of an EV automotive and battery manufacturing campus in MEMPHIS, TN. They are currently seeking approval for the project. Completion is slate for 2025.

Anticipated Investment: $5,600,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: Undisclosed

 

TEXAS:

EV mfr. is considering investing $5 billion for the construction of a 12 million sf manufacturing facility and currently seeking a site in the FORT WORTH, TX area. Watch SalesLeads for updates.

Anticipated Investment: $5,000,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: $440,000,000

 

OHIO:

Steel company is considering investing $2.7 billion for the construction of a manufacturing facility and is currently seeking a site in the OHIO area. Watch SalesLeads for updates.

Anticipated Investment: $2,700,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: Undisclosed

 

ILLINOIS:

Global electronics mfr. is considering investing $2.6 billion for the construction of a EV battery manufacturing facility in the NORMAL, IL area. Watch SalesLeads for updates.

Anticipated Investment: $2,600,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: Undisclosed

 

NEW YORK:

Biotechnology company is planning to invest $1.8 billion for the expansion of their laboratory, processing, and office facility in TARRYTOWN, NY by 900,000 sf. Completion is slated for 2027.

Anticipated Investment: $1,800,000,000

Reason Behind Expansion: Expand capacity of their laboratory, processing, and office facility

Tax Incentives: $100,000,000

 

ARIZONA:

Battery cell developer is planning to invest $1 billion for the construction of a 1 million sf manufacturing facility in BUCKEYE, AZ. Construction is expected to start in late 2021, with completion slated for Spring 2023. Construction will occur in multiple phases.

Anticipated Investment: $1,000,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: Undisclosed

 

NEVADA:

Lithium ion battery recycling company is considering investing $1 billion for the construction of a 1 million sf manufacturing facility and currently seeking a site in the EASTERN NEVADA area. Watch SalesLeads for updates.

Anticipated Investment: $1,000,,000,000

Reason Behind Expansion: Establish a new manufacturing facility

Tax Incentives: Undisclosed

 

NORTH CAROLINA:

Biotechnology company is planning to invest $550 million for the construction of a processing facility in HOLLY SPRINGS, NC. They have recently received approval for the project.

Anticipated Investment: $550,000,000

Reason Behind Expansion: Establish a new processing facility

Tax Incentives: $11,612,000

 

GEORGIA:

Medical device mfr. is planning to invest $500 million for the expansion of their manufacturing, laboratory, office, and training complex in PEACHTREE CORNERS, GA by 750,000 sf. Construction will occur in multiple phases, with completion slated for 2024.

Anticipated Investment: $500,000,000

Reason Behind Expansion: Expand capacity of their manufacturing, laboratory, office, and training complex

Tax Incentives: Undisclosed

 

ONTARIO:

Steel company is planning to invest $420 million for the renovation and equipment upgrades on their manufacturing facility in SAULT STE. MARIE, ON. They have recently received approval for the project.

Anticipated Investment: $420,000,000

Reason Behind Expansion: Modernize equipment and renovation of their manufacturing facility

Tax Incentives: Undisclosed

 

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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