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  • Posted On Tuesday, December 06, 2022 by Evan Lamolinara

    Constnov2022

    Research by IMI SalesLeads’ experienced industrial market research team, shows 353 new planned industrial projects tracked during the month of November.

    Planned industrial project activity decreased 22% from the previous month.

    The following are selected highlights on new industrial construction news and project opportunities throughout North America.

    Planned Industrial Construction - By Project Type:

              Manufacturing Facilities - 121 New Projects

              Processing Facilities - 112 New Projects

              Distribution and Industrial Warehouse - 131 New Projects

              Power/Energy/Oil and Gas - 4 New Projects

              Laboratory Facilities - 16 New Projects

              Mine - 0 New Projects

              Terminal - 3 New Projects

              Pipeline - 0 New Projects

     Planned Industrial Construction - By Scope/Activity

              New Construction - 163 New Projects

              Expansion - 96 New Projects

              Renovations/Equipment Upgrades - 106 New Projects

              Plant Closing - 18 New Projects

     

    Planned Industrial Construction - By Location (Top 10 States)

              Texas - 27

              California - 21

              New York - 20

              Indiana - 17

              Ohio - 16

              Pennsylvania - 16

              Georgia - 14

              Michigan - 14

              North Carolina - 14

              Florida - 12

     

    Largest Planned Industrial Construction Project

    During the month of November, our research team identified 36 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Chevron Phillips Chemical Company LLC., who is planning to invest $9 billion for the construction of a processing facility in ORANGE, TX. Construction is expected to begin in 2026.

     

    Top 10 Tracked Industrial Construction Projects

    TENNESSEE:

    Chemical products mfr. is considering investing $3.2 billion for the construction of a manufacturing facility in the CLARKSVILLE, TN area.

    GEORGIA:

    Battery mfr. is planning to invest $2.5 billion for the construction of a manufacturing facility in NEWNAN, GA. They are currently seeking approval for the project. Construction is expected to start in 2025.

    MISSISSIPPI:

    Steel company is planning to invest $2 billion for the construction of a manufacturing facility in COLUMBUS, MS. They are currently seeking approval for the project. Completion is slated for 2025.

    TEXAS:

    Oil and gas company is planning to invest $850 million for the construction of a methane shipping terminal on Mansfield Ferry Rd. in ORANGE, TX. They are currently seeking approval for the project. Construction is expected to start in early 2023, with completion slated for Spring 2025.

    COLORADO:

    Biotechnology company is planning to invest $784 million for the expansion of their manufacturing, warehouse, and office complex in FREDERICK, CO. Completion is slated for late 2024.

    TEXAS:

    Renewable energy company is planning to invest $750 million for the construction of a 300 MW power plant in ODESSA, TX. Construction is expected to start in 2024, with completion slated for 2026.

    QUEBEC:

    Automotive mfr. is planning to invest $700 million for the construction of a battery manufacturing facility in BECANCOUR, QC. They are currently seeking approval for the project. Construction is expected to start in 2023.

    NEW YORK:

    Renewable energy company is planning to invest $550 million for the construction of a 500 MW solar farm in GENESEE COUNTY, NY. They are currently seeking approval for the project.

     ARKANSAS:

    Startup steel company is planning to invest $500 million for the construction of a manufacturing facility in OSCEOLA, AR. Construction is expected to start in Spring 2023, with completion slated for early 2025.

    ARIZONA:

    Consumer goods mfr. is planning to invest $500 million for the construction of a manufacturing facility at Inland Port Arizona in COOLIDGE, AZ. They are currently seeking approval for the project. Construction is expected to start in 2023, with completion slated for 2025.

     

    About SalesLeads, Inc.

    Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.

    Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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