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  • Posted On Tuesday, February 01, 2022 by Evan Lamolinara

    Indiana

    SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Indiana. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 249 new projects identified in Indiana during 2021.

    The following are selected highlights on recent Indiana industrial construction news and manufacturing capital projects.

    Planned Industrial Construction in Indiana by Project Type:

              Manufacturing Facilities - 85 New Projects

              Processing Facilities - 57 New Projects

              Distribution and Industrial Warehouse - 67 New Projects

              Power/Energy/Oil and Gas - 10 New Projects

              Laboratory Facilities - 7 New Projects

              Mine - 1 New Project

              Data Center - 0 New Projects

     Planned Industrial Construction in Indiana by Scope/Activity

              New Construction - 98 New Projects

              Expansion - 80 New Projects

              Renovations/Equipment Upgrades - 106 New Projects

              Relocations - 39 New Projects

              Plant Closing - 5 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 150 

              Compressed Air Systems - 242

              Control Systems and Instrumentation - 160

              Conveyors - 163

              Floor Coatings - 152

              Material Handling/Storage Equipment - 195

              Mechanical Construction - 211

              Packaging Equipment - 115

              Process Equipment - 41

              Tanks/Vessels - 32

    Largest Planned Industrial Construction Projects in Indiana

    During the year 2021, our research team identified 55 industrial construction projects in Indiana with an estimated value of $25 million or more.

    The largest project is owned by Toyota Motor Manufacturing Indiana, who is planning to invest $803 million for the expansion and equipment upgrades of their manufacturing facility in PRINCETON, IN. Completion is slated for Fall 2023.

    Top 10 Tracked Industrial Projects in Indiana

    Charlestown, IN

    Distillery is planning to invest $400 million for the construction of a production facility in CHARLESTOWN, IN. They are currently seeking approval for the project.

    Muncie, IN

    Aluminum can mfr. is planning to invest $380 million for the construction of a 862,000 sf manufacturing facility in MUNCIE, IN. They have recently received approval for the project. Completion is slated for late 2022.

    Terre Haute, IN

    Steel company is planning to invest $231 million for a 390,000 sf expansion and equipment upgrades of their manufacturing facility in TERRE HAUTE, IN. They are currently seeking approval for the project.

    Kokomo, IN

    Automotive mfr. is planning to invest $230 million for the renovation and equipment upgrades on their three manufacturing facilities in KOKOMO, IN. They have recently received approval for the project.

    Boone County, IN

    Renewable energy company is planning to invest $210 million for the construction of a solar farm on a 1,200 acre site in BOONE COUNTY, IN. They are currently seeking approval for the project.

    Rushville, IN

    Pet food mfr. is planning to invest $200 million for the construction of a 700,000 sf processing facility in RUSHVILLE, IN. They are currently seeking approval for the project.

    Vigo County, IN

    Renewable energy company is planning to invest $180 million for the construction of a 175 MW solar farm in VIGO COUNTY, IN. They are currently seeking approval for the project. Construction is expected to start in 2023, with completion slated for Summer 2024.

    Evansville, IN

    Municipality is planning to invest $178 million for the construction of a water treatment processing plant in EVANSVILLE, IN. They are currently seeking approval for the project.

    Dunkirk, IN

    Renewable energy company is planning to invest $150 million for the construction of a 150MW solar farm in DUNKIRK, IN. They are currently seeking approval for the project. Construction is expected to start in 2022.

    Fishers, IN

    Pharmaceutical glass container mfr. is planning to invest $145 million for the construction of a 370,000 sf office and manufacturing facility in FISHERS, IN. They have recently received approval for the project. Construction is expected to start in late 2021, with completion 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:

    Data Centers

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