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

    Virginia

    SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of Virginia. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 134 new projects identified in Virginia during 2021.

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

    Planned Industrial Construction in Virginia by Project Type:

              Manufacturing Facilities - 51 New Projects

              Processing Facilities - 30 New Projects

              Distribution and Industrial Warehouse - 29 New Projects

              Power/Energy/Oil and Gas - 6 New Projects

              Laboratory Facilities - 8 New Projects

              Mine - 0 New Projects

              Data Center - 5 New Projects

     Planned Industrial Construction in Virginia by Scope/Activity

              New Construction - 94 New Projects

              Expansion - 66 New Projects

              Renovations/Equipment Upgrades - 42 New Projects

              Relocations - 18 New Projects

              Plant Closing - 1 New Project

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 82

              Compressed Air Systems - 125

              Control Systems and Instrumentation - 89

              Conveyors - 80

              Floor Coatings - 97

              Material Handling/Storage Equipment - 92

              Mechanical Construction - 123

              Packaging Equipment - 61

              Process Equipment - 27

              Tanks/Vessels - 26

    Largest Planned Industrial Construction Projects in Virginia

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

    The largest project is owned by Blue Star Manufacturing, LLC., who is planning to invest $714 million for the construction of a manufacturing facility in WYTHEVILLE, VA. They have recently received approval for the project.

    Top 10 Tracked Industrial Projects in Virginia

    Danville, VA

    Food processing company is planning to invest $300 million for the construction of a 325,000 sf processing facility in DANVILLE, VA. Completion is slated for Spring 2023.

    Portsmouth, VA

    Electric utility service provider is planning to invest $200 million for the construction of a turbine blade manufacturing facility in PORTSMOUTH, VA. They are currently seeking approval for the project.

    King William, VA

    Pet food mfr. is planning to invest $182 million for the expansion of their warehouse and manufacturing facility in KING WILLIAM, VA by 138,000 sf. They have recently received approval for the project. Completion is slated for late 2023.

    Portsmouth, VA

    Federal defense agency is planning to invest $173 million for the construction of a 19 MW combined heat and power plant and a 3 MW battery energy storage system on their base in PORTSMOUTH, VA. They have recently received approval for the project. Completion is slated for 2022.

    Martinsville, VA

    Specialty packaging mfr. is planning to invest $145 million for the construction of a 355,000 sf manufacturing facility in MARTINSVILLE, VA. They have recently received approval for the project.

    Richmond, VA

    Snack food mfr. is planning to invest $123 million for the construction of a 490,000 sf warehouse and distribution center in RICHMOND, VA. The project includes a 68,000 sf expansion and equipment upgrades of their existing processing facility in RICHMOND, VA. They are currently seeking approval for the project.

    Franklin, VA

    Fruit and vegetable juice supplier is planning to invest $121 million for the construction of a 2 million sf processing facility in FRANKLIN, VA. They are currently seeking approval for the project. Construction is expected to start in 2022.

    PRINCE GEORGE, VA

    Aluminum extrusion mfr. is planning to invest $100 million for the expansion and equipment upgrades at their manufacturing facility in PRINCE GEORGE, VA. They have recently received approval for the project.

     Harrisonburg, VA

    Specialty meat product mfr. is planning to invest $100 million for the construction of a processing and warehouse facility in HARRISONBURG, VA. They are currently seeking approval for the project. Completion is slated for Fall 2025.

    Ashland, VA

    Food service distributor is planning to invest $80 million for the construction of a 325,000 sf distribution center in ASHLAND, VA. They have recently received approval for the project.

     

    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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