SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Georgia. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 196 new projects identified in Georgia during 2021.
The following are selected highlights on recent Georgia industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Georgia by Project Type:
Manufacturing Facilities - 68 New Projects
Processing Facilities - 41 New Projects
Distribution and Industrial Warehouse - 83 New Projects
Power/Energy/Oil and Gas - 0 New Projects
Laboratory Facilities - 3 New Projects
Mine - 0 New Projects
Data Center - 2 New Projects
Planned Industrial Construction in Georgia by Scope/Activity
New Construction - 100 New Projects
Expansion - 37 New Projects
Renovations/Equipment Upgrades - 57 New Projects
Relocations - 27 New Projects
Plant Closing - 11 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 91
Compressed Air Systems - 180
Control Systems and Instrumentation - 116
Conveyors - 126
Floor Coatings - 131
Material Handling/Storage Equipment - 142
Mechanical Construction - 177
Packaging Equipment - 80
Process Equipment - 33
Tanks/Vessels - 15
Largest Planned Industrial Construction Projects in Georgia
During the year 2021, our research team identified 51 industrial construction projects in Georgia with an estimated value of $25 million or more.
The largest project is owned by LG Energy Solution, who is considering investing $5 billion for the construction of a manufacturing facility and currently seeking a site in GEORGIA.
Top 10 Tracked Industrial Projects in Georgia
Bioplastics mfr. is expanding and planning to invest $700 million for the construction of a 2 million sf manufacturing facility at their manufacturing complex in BAINBRIDGE, GA. They are currently seeking approval for the project.
Waste management service provider is planning to invest $680 million for the construction of a plastic recycling facility at 2300 Walden Road in MACON, GA. They are currently seeking approval for the project.
Peachtree Corners, GA
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.
Semiconductor equipment mfr. is planning to invest $473 million for the construction of a manufacturing facility at 3000 SKC Dr. in COVINGTON, GA. Completion is slated for Fall 2023.
Plastic recycling company is planning to invest $440 million for the construction of a manufacturing facility in AUGUSTA, GA. They have recently received approval for the project.
Metal recycling service provider is planning to invest $340 million for the construction of an electronic recycling facility in AUGUSTA, GA. Completion is slated for Spring 2024.
Paper products mfr. is planning to invest $155 million for the construction of a processing, manufacturing, and office facility in SAVANNAH, GA. Construction will occur in two phases starting in early 2022.
Auto hauling trailer mfr. is planning to invest $125 million for the construction of a manufacturing facility in GAINESVILLE, GA. They are currently seeking approval for the project. They will relocate a portion of operations upon completion in early 2023.
Home appliance mfr. is planning to invest $118 million for an expansion of their manufacturing facility in LAFAYETTE, GA. Completion is slated for 2024.
Union City, GA
Online fashion and beauty retailer is planning to invest $100 million for the expansion and equipment upgrades at their warehouse and distribution center in UNION CITY, GA. They have recently received approval for the project. Completion is slated for 2023.
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: