New Distribution and Supply Chain Planned Projects Back on the Rise with 180 Projects in June 2023

IMI SalesLeads announced today the June 2023 results for the new planned capital project spending report for the Distribution and Supply Chain industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 180 new projects in the Distribution and Supply Chain sector.

The following are selected highlights on new Distribution Center and Warehouse construction news.

Distribution and Supply Chain - By Project Type

          Distribution/Fulfillment Centers - 21 New Projects

          Industrial Warehouse - 161 New Projects         

Distribution and Supply Chain- By Project Scope/Activity

          New Construction - 86 New Projects

          Expansion - 41 New Projects

          Renovations/Equipment Upgrades - 53 New Projects

          Closing - 6 New Projects

Distribution and Supply Chain - By Project Location (Top 5 States)

          Texas - 14

          Florida - 13

          California - 12

          Indiana - 11

          Georgia - 9

Largest Planned Project

During the month of June, our research team identified 5 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Walmart, who is planning to invest $350 million for the renovation and equipment upgrades on their distribution center at 2200 7th Ave SW. in CULLMAN, AL. They are currently seeking approval for the project. 

Top 10 Tracked Distribution and Supply Chain Project Opportunities

Texas:

Solar panel mfr. is investing $250 million for the renovation and equipment upgrades on manufacturing and warehouse space at 3000 Skyline Drive in MESQUITE, TX. Completion is slated for late 2023.

California:

Food service distributor is planning to invest $150 million for the construction of a 1-million sf distribution center on 10th St. W in PALMDALE, CA. Construction is expected to begin in late 2023, with completion slated for late 2024.

Indiana:

Steel company is planning to invest $115 million for the construction of a manufacturing and warehouse facility adjacent to their existing plant in CRAWFORDSVILLE, IN. They are currently seeking approval for the project. Completion is slated for Summer 2025.

New York:

Food bank is planning to invest $99 million for the construction of a 200,000 sf warehouse, food prep, and office facility at 4832 Camp Rd. in HAMBURG, NY. They are currently seeking approval for the project. Construction is expected to start in Spring 2024 and they will relocate their operations upon completion.

California:

Textile company is planning to invest $95 million for the construction of an 816,000 sf distribution center in VICTORVILLE, CA. They are currently seeking approval for the project.

Quebec:

Aviation service provider is planning to invest $70 million for the construction of a 105,000 sf hangar and warehouse facility in MIRABEL, QC. They have recently received approval for the project. Completion is slated for Fall 2024.

Tennessee:

Specialty chemical mfr. is planning to invest $48 million for the renovation and equipment upgrades on their processing facility in MEMPHIS, TN. The project also includes the expansion of their warehouse at 1248 Warford St. in MEMPHIS, TN. They are currently seeking approval for the project.

Illinois:

Aerospace company is planning to invest $29 million for the expansion, renovation, and equipment upgrades on their warehouse, service, and maintenance facility in CAHOKIA HEIGHTS, IL. They are currently seeking approval for the project.

Nevada:

Beverage distribution company is planning to invest $26 million for the expansion of their distribution facility in LAS VEGAS, NV. They are currently seeking approval for the project.

Missouri:

Hardware retailer is planning for the construction of a 1.5 million sf distribution center in KANSAS CITY, MO. Completion is slated for Summer 2025.

About IMI SalesLeads, Inc.

Since 1959, IMI 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. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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