212 New Distribution and Supply Chain Planned Industrial Project for the Fourth Straight Month - September 2023

SalesLeads announced today the September 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 212 new projects in September as compared to 198 in August and 196 in July 2023.

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

Distribution and Supply Chain - By Project Type

            Distribution/Fulfillment Centers - 20 New Projects

            Industrial Warehouse - 192 New Projects           

Distribution and Supply Chain- By Project Scope/Activity

            New Construction - 112 New Projects

            Expansion - 39 New Projects

            Renovations/Equipment Upgrades - 62 New Projects

            Closing - 5 New Projects

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

            California - 18

            Texas - 17

            Ohio - 13

            Florida - 11

            Georgia - 10    

Largest Planned Project

During the month of September, our research team identified 8 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Reyes Coca-Cola Bottling, who is planning to invest $500 million for the construction of a 620,000 sf processing and distribution campus at 10670 6th St. in RANCHO CUCAMONGA, CA. Construction is expected to start in 2024. 

Top 10 Tracked Distribution and Supply Chain Project Opportunities

Virginia:

Glass mfr. is planning to invest $155 million for a 360,000 sf expansion of their manufacturing and distribution facility in RIDGEWAY, VA. They are currently seeking approval for the project. Completion is slated for late 2025.

Delaware:

Cold storage service provider is planning to invest $135 million for the construction of a 318,000 sf warehouse in CLAYMONT, DE. They are currently seeking approval for the project. Construction will occur in two phases.

Tennessee:

Medical device mfr. is planning to invest $133 million for the construction of a 1-million sf distribution and manufacturing facility at 5300 Airways Blvd. in MEMPHIS, TN. They are currently seeking approval for the project. They will relocate their operations upon completion.

Indiana:

Cold storage service provider is planning to invest $124 million for the construction of a refrigerated warehouse in HEBRON, IN. They have recently received approval for the project. Completion is slated for Spring 2025.

New York:

Dairy company is planning to invest $120 million for the renovation and equipment upgrades on their processing and warehouse facility in BATAVIA, NY. Completion is slated for early 2025.

North Carolina:

Restaurant chain is planning to invest $58 million for the construction of a 120,000 sf distribution center in KANNAPOLIS, NC. They have recently received approval for the project. Completion is slated for early Fall 2024.

Kansas:

Diversified entertainment company is planning to invest $41 million for the construction of a 58,000 sf studio and institutional facility in SALINA, KS. They have recently received approval for the project. Construction is expected to start in Fall 2023.

Louisiana:

Specialty building materials mfr. is planning to invest $40 million for an 80,000 sf expansion and equipment upgrades on their manufacturing and warehouse facility in MINDEN, LA. They are currently seeking approval for the project.

Indiana:

Auto parts supplier is planning to invest $40 million for the construction of a 133,000 sf recycling facility in LAPEL, IN. They are currently seeking approval for the project. 

Missouri:

Beverage company is planning to invest $37 million for the expansion and equipment upgrades on their processing and warehouse facility in JOPLIN, MO. They are currently seeking approval for the project.

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:

• Industrial Manufacturing
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• Oil and Gas
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• Chemical
• Research and Development
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