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  • Posted On Thursday, January 06, 2022 by Evan Lamolinara

    Constdec2021

    Research by SalesLeads’ experienced industrial market research team, shows 426  new planned industrial projects tracked during the month of December.

    Planned industrial project activity decreased by 1% from the previous month.

    The following are selected highlights on new industrial construction news and project opportunities throughout North America.

    Planned Industrial Construction - By Project Type:

                Manufacturing Facilities - 137 New Projects

                Processing Facilities - 111 New Projects

                Distribution and Industrial Warehouse - 180 New Projects

                Power/Energy/Oil and Gas - 8 New Projects

                Laboratory Facilities - 24 New Projects

                Mine - 1 New Project

                Terminal - 2 New Projects

                Pipeline - 0 New Projects

               

    Planned Industrial Construction - By Scope/Activity

                New Construction - 198 New Projects

                Expansion - 108 New Projects

                Renovations/Equipment Upgrades - 138 New Projects

                Plant Closing - 17 New Projects

     

    Planned Industrial Construction - By Location (Top 10 States)

                Texas - 27

                New York - 24

                California - 23

                Florida - 23

                Indiana - 22

                Massachusetts - 21

                Pennsylvania - 21

                Ohio - 21

                North Carolina - 19

                Tennessee - 18         

     

    Largest Planned Industrial Construction Project

    During the month of December, our research team identified 25 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Venture Global LNG, Inc., who is planning to invest $10 billion for the construction of a warehouse and processing facility in CAMERON, LA. They are currently seeking approval for the project.

     

    Top 10 Tracked Industrial Construction Projects

    NORTH CAROLINA:

    Automotive mfr. is planning to invest $3 billion for the construction of a battery manufacturing facility in LIBERTY, NC. They have recently received approval for the project. Completion is slated for 2025.

     

    ONTARIO:

    Battery mfr. is considering investing $2 billion for the construction of a manufacturing facility and currently seeking a site in ONTARIO. Watch SalesLeads for updates.

     

    PENNSYLVANIA:

    Biotechnology company is planning to invest $575 million for the construction of a 500,000 sf laboratory and office facility on Drexel University's campus in PHILADELPHIA, PA. Construction is expected to start in Fall 2022.

     

    WISCONSIN:

    Pulp and paper company is planning to invest $500 million for the renovation and equipment upgrades on their warehouse and manufacturing facility in GREEN BAY, WI. They have recently received approval for the project.

     

    OKLAHOMA:

    EV mfr. is planning to invest $400 million for the construction of a manufacturing facility in PRYOR, OK. They are currently seeking approval for the project. Completion is slated for 2024. The project also includes the establishment of a technology center in TULSA, OK.

     

    INDIANA:

    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.

     

    TEXAS:

    Medical glove mfr. is planning to invest $350 million for the construction of a 2.4 million manufacturing, distribution, and laboratory complex in ALVIN, TX. They have recently received approval for the project. Construction will occur in phases, with the completion of the first phase, slated for late 2022.

     

    GEORGIA:

    Steel company is considering investing $350 million for the construction of a manufacturing facility and currently seeking a site in GEORGIA. Watch SalesLeads for updates.

     

    MICHIGAN:

    Building materials mfr. is planning to invest $340 million for the construction of a manufacturing facility in GRAND RAPIDS, MI. They are currently seeking approval for the project.

     

    TEXAS:

    Biotechnology company is planning to invest $300 million for the expansion of their processing facility in COLLEGE STATION, TX by 130,000 sf. They have recently received approval for the project. Completion is slated for 2024.

     

    About SalesLeads, Inc.

    Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. 

    Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including:

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