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

    Texas

    SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Texas. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 401 new projects identified in Texas during 2021.

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

    Planned Industrial Construction in Texas by Project Type:

              Manufacturing Facilities - 108 New Projects

              Processing Facilities - 79 New Projects

              Distribution and Industrial Warehouse - 167 New   

              Projects

              Power/Energy/Oil and Gas - 7 New Projects

              Laboratory Facilities - 16 New Projects

              Mine - 0 New Projects

              Data Center - 3 New Projects

    Planned Industrial Construction in Texas by Scope/Activity

              New Construction - 232 New Projects

              Expansion - 70 New Projects

              Renovations/Equipment Upgrades - 112 New Projects

              Relocations - 100 New Projects

              Plant Closing - 4 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 160 

              Compressed Air Systems - 366

              Control Systems and Instrumentation - 187

              Conveyors - 220

              Floor Coatings - 249

              Material Handling/Storage Equipment - 271

              Mechanical Construction - 338

              Packaging Equipment - 109

              Process Equipment - 59

              Tanks/Vessels - 46

    Largest Planned Industrial Construction Projects in Texas

    During the year 2021, our research team identified 98 industrial construction projects in Texas with an estimated value of $25 million or more.

    The largest project is owned by Samsung Electronics America, Inc., who is planning to invest $17 billion for the construction of a 6 million sf manufacturing facility in TAYLOR, TX. They are currently seeking approval for the project. Construction is expected to start in early 2022, with completion slated for late 2024.

    Top 10 Tracked Industrial Projects in Texas

    Austin, TX

    Global electronics mfr. is considering investing $10 billion for the construction of a manufacturing facility in AUSTIN, TX.

    Fort Worth, TX

    EV mfr. is considering investing $5 billion for the construction of a 12 million sf manufacturing facility and currently seeking a site in the FORT WORTH, TX area.

    Penwell, TX

    Renewable fuel mfr. is planning to invest $4.7 billion for the construction of a processing facility in PENWELL, TX. They are currently seeking approval for the project. Completion is slated for late 2024.

    Port Arthur, TX

    Oil and gas company is planning to invest $1.45 billion for the construction of a renewable diesel production facility in PORT ARTHUR, TX. They have recently received approval for the project. Completion is slated for Summer 2023.

    Jack County, TX

    Renewable energy company is planning to invest $1 billion for the construction of a solar farm on a 7,000 acres site in JACK COUNTY, TX. They are currently seeking approval for the project. Construction is expected to start in 2023, with completion slated for early 2025.

    Lubbock, TX

    Specialty dairy products mfr. is planning to invest $870 million for the construction of a processing facility in LUBBOCK, TX. They have recently received approval for the project.

    Lancaster, TX

    Global retail chain is planning to invest $800 million for the construction of two distribution centers totaling 2 million sf in LANCASTER, TX. They have recently received approval for the project.

    Milam County, TX

    Renewable energy company is planning to invest $673 million for the construction of multiple solar farms totaling 700 MW in MILAM COUNTY, TX. They are currently seeking approval for the project. Construction is expected to start in Summer 2022, with completion slated for late 2023.

    Electra, TX

    Energy company is planning to invest $455 million for the construction of a 500 MW solar farm on a 17,000-acre site in ELECTRA, TX. They are currently seeking approval for the project. Completion is slated for late 2022.

    Sweeny, TX

    Petrochemical company is planning to invest $400 million for an expansion of their processing facility in SWEENY, TX. They are currently seeking approval for the project. Construction is expected to start in early 2022.

     

    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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