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

    Tennessee

    SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Tennessee. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 158 new projects identified in Tennessee during 2021.

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

    Planned Industrial Construction in Tennessee by Project Type:

              Manufacturing Facilities - 67 New Projects

              Processing Facilities - 26 New Projects

              Distribution and Industrial Warehouse - 67 New

              Projects

              Power/Energy/Oil and Gas - 2 New Projects

              Laboratory Facilities - 5 New Projects

              Mine - 0 New Projects

              Data Center - 1 New Project       

     Planned Industrial Construction in Tennessee by Scope/Activity

              New Construction - 56 New Projects

              Expansion - 40 New Projects

              Renovations/Equipment Upgrades - 70 New Projects

              Relocations - 19 New Projects

              Plant Closing - 10 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 73 

              Compressed Air Systems - 142

              Control Systems and Instrumentation - 87

              Conveyors - 101

              Floor Coatings - 84

              Material Handling/Storage Equipment - 110

    Mechanical Construction - 136

              Packaging Equipment - 60

              Process Equipment - 16

              Tanks/Vessels - 5

    Largest Planned Industrial Construction Projects in Tennessee

    During the year 2021, our research team identified 45 industrial construction projects in Tennessee with an estimated value of $25 million or more.

    The largest project is owned by Ford Motor Company, who 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.

    Top 10 Tracked Industrial Projects in Tennessee

    Spring Hill, TN

    Automobile mfr. is planning to invest $2.3 billion for the construction of an EV battery manufacturing facility adjacent to their existing plant in SPRING HILL, TN. Completion is slated for late 2023.

    Memphis, TN

    Electric car mfr. is planning to invest $362 million for the renovation and equipment upgrades on a 817,000 sf manufacturing facility at 8400 Winchester in MEMPHIS, TN. They have recently received approval for the project.

    Clarksville, TN

    Tire mfr. is planning to invest $361 million for the expansion, renovation, and equipment upgrades of their manufacturing facility at 2950 International Boulevard in CLARKSVILLE, TN. They are currently seeking approval for the project.

    Orlinda, TN

    Specialty pharmaceutical products mfr. is planning to invest $220 million for the construction of a manufacturing facility in ORLINDA, TN. They have recently received approval for the project.

    Clarksville, TN

    EV battery mfr. is planning to invest $220 million for the renovation and equipment upgrades on a 318,000 sf warehouse and manufacturing facility at 780 International Blvd. in CLARKSVILLE, TN. They have recently received approval for the project. Completion is slated for Summer 2022.

    Lebanon, TN

    Medical device mfr. is planning to invest $183 million for the construction of a 400,000 sf manufacturing complex in LEBANON, TN. They are currently seeking approval for the project.

    Chattanooga, TN

    Battery material and technology company is expanding and planning to invest $160 million for the renovation and equipment upgrades on a 400,000 sf manufacturing facility in CHATTANOOGA, TN. They have recently received approval for the project.

    Tiptonville, TN

    Silicon refining company is planning to invest $150 million for the construction of a manufacturing facility in TIPTONVILLE, TN. They are currently seeking approval for the project.

     Memphis, TN

    Logistics service provider is planning to invest $126 million for the renovation and equipment upgrades on a recently leased 700,000 sf of distribution space at 5300 Airways Blvd. in MEMPHIS, TN.

    Maryville, TN

    Firearms mfr. is planning to invest $125 million for the construction of a warehouse, manufacturing, and office facility in MARYVILLE, TN. Construction is expected to start in late 2021. They will relocate operations upon completion.

     

    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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