Industrial SalesLeads, through its Industrial Market Intelligence (IMI) platform, has released its February 2023 results for planned capital spending in the Distribution & Supply Chain sector across North America. Research confirms 166 new industrial distribution and supply chain projects, with a notable 10% increase in new construction compared to the previous month with Texas leading the way with 16 projects.
Despite supply chain constraints and labor challenges, companies continue to invest heavily in new distribution centers, fulfillment facilities, and industrial warehouse expansions to meet growing logistics and e-commerce demands.
Distribution & Supply Chain: covers facilities used to store, handle, and transport products between manufacturers, retailers, and end-users.
The following are selected highlights on new Distribution Center and Warehouse construction news.
Distribution & Fulfillment Centers: 16 new projects
Industrial Warehouses: 153 new projects
The surge in warehouse development aligns with companies seeking to shorten delivery times and optimize last-mile logistics.
New Construction: 95 projects
Facility Expansions: 35 projects
Renovations & Equipment Upgrades: 35 projects
Closings: 4 projects
Q: Why are closings tracked?
A: Knowing about facility closures can help industrial sales teams target new tenants, site redevelopments, or surplus asset sales.
States with the highest activity in February:
Texas: 16 projects
Wisconsin: 11 projects
California: 9 projects
Ohio: 9 projects
Iowa: 8 projects
Among the 166 tracked, 3 major projects exceed $100 million:
Graphic Packaging International, LLC plans to invest $1 billion to build a 640,000 sf paperboard recycling facility in Waco, TX (construction starts Spring 2023).
Other large-scale opportunities span film production warehouse complexes, grocery distribution hubs, and logistics service provider expansions.
NY: $400M film/TV production warehouse in Brooklyn
SC: $50M appliance distribution center renovation in Greenville
ME: $33M federal warehouse at Acadia National Park
WI: 1.4M sf distribution center in Kenosha
PA: 1.2M sf grocery retail DC in Fairless Hills
TX: 1M sf medical apparel distribution center in Dallas
MO: Two new warehouses totaling 800,000 sf in Kansas City
NC: 402,000 sf logistics facility renovation in Greensboro
NH: 378,000 sf apparel warehouse/office in Hudson
KY: 200,000 sf logistics warehouse renovation in Covington
This report illustrates strong momentum in North American logistics, warehousing, and distribution CapEx investments, opening doors for industrial equipment suppliers, MRO, racking, automation systems, and outsourced prospecting teams.
Since 1959, Industrial SalesLeads has delivered trusted industrial project intelligence to help sales and marketing teams build a predictable, scalable pipeline of verified opportunities.
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