SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Ohio. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 273 new projects identified in Ohio during 2021.
The following are selected highlights on recent Ohio industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Ohio by Project Type:
Manufacturing Facilities - 104 New Projects
Processing Facilities - 68 New Projects
Distribution and Industrial Warehouse - 97 New Projects
Power/Energy/Oil and Gas - 3 New Projects
Laboratory Facilities - 8 New Projects
Mine - 0 New Projects
Data Center - 1 New Project
Planned Industrial Construction in Ohio by Scope/Activity
New Construction - 94 New Projects
Expansion - 97 New Projects
Renovations/Equipment Upgrades - 107 New Projects
Relocations - 28 New Projects
Plant Closing - 7 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 157
Compressed Air Systems - 252
Control Systems and Instrumentation - 161
Conveyors - 161
Floor Coatings - 158
Material Handling/Storage Equipment - 215
Mechanical Construction - 226
Packaging Equipment - 116
Process Equipment - 56
Tanks/Vessels - 30
Largest Planned Industrial Construction Projects in Ohio
During the year 2021, our research team identified 53 industrial construction projects in Ohio with an estimated value of $25 million or more.
The largest project is owned by Nucor Corporation, who is considering investing $2.7 billion for the construction of a manufacturing facility and currently seeking a site in the OHIO area.
Top 10 Tracked Industrial Projects in Ohio
Lake Township, OH
Solar panel mfr. is planning to invest $680 million for the expansion of their manufacturing facility in LAKE TOWNSHIP, OH by 2 million sf. They are currently seeking approval for the project. Construction is expected to start in late 2021, with completion slated for 2023.
Troy Township, OH
Fitness equipment mfr. is planning to invest $400 million for the construction of a manufacturing and office facility in TROY TOWNSHIP, OH. They are currently seeking approval for the project.
Lewisburg, OH
Pet food mfr. is planning to invest $390 million for the construction of a processing facility at 6574 OH-503 in LEWISBURG, OH. They have recently received approval for the project. Completion is slated for Fall 2023.
New Albany, OH
Biotechnology company is planning to invest $365 million for the construction of a 270,000 sf processing facility in NEW ALBANY, OH. Construction is expected to start in Fall 2021.
Fairfield, OH
Poultry processing company is planning to invest $220 million for a 400,000 sf expansion and equipment upgrades on their processing facility at 4100 Port Union Rd. in FAIRFIELD, OH. They are currently seeking approval for the project. Completion is slated for late 2022.
Pioneer, OH
Fish farm is planning to invest $200 million for the construction of a 479,000 sf processing facility in PIONEER, OH. They are currently seeking approval for the project. Construction is expected to start in late 2021.
Newark, OH
Custom corrugated packaging products mfr. is planning for the construction of a 537,000 sf manufacturing, warehouse, and office facility at 595 Thornwood Drive SW in NEWARK, OH. They are currently seeking approval for the project. They will relocate regional operations upon completion.
Cleveland, OH
Commercial real estate company is planning to invest $100 million for the construction of a 276,000 sf warehouse and cold storage facility on Pershing Ave. in CLEVELAND, OH. They are currently seeking approval for the project.
Cincinnati, OH
Clinical research firm is considering investing $100 million for the construction of a 40,000 sf manufacturing facility and currently seeking a site in the CINCINNATI, OH area.
Groveport, OH
Personal care products mfr. is planning to invest $90 million for the renovation and equipment upgrades on a 570,000 sf manufacturing facility in GROVEPORT, OH. They have recently received approval for the project. Completion is slated for Fall 2021.
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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