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Posted On Tuesday, February 06, 2024 by Vince Antoine

Kentucky

Industrial SalesLeads has released its CY2023 results for new planned industrial capital project spending in Kentucky. Our Industrial Market Intelligence (IMI) research tracked 182 new industrial construction and manufacturing CapEx projects statewide last year — a clear sign of strong investment in new plants, facility expansions, and significant equipment upgrades.

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

📊 Industrial Construction in Kentucky by Project Type

  • Manufacturing Facilities: 37 projects

  • Processing Facilities: 29 projects

  • Distribution & Industrial Warehouses: 38 projects

  • Power/Energy/Oil & Gas: 2 projects

This diversity highlights Kentucky’s strength across automotive, energy, logistics, and advanced manufacturing sectors.

Processing Facility— a plant where raw materials are transformed into finished goods.

🏗️ Project Scope & Activity

  • New Construction: 61 projects

  • Facility Expansions: 44 projects

  • Renovations & Equipment Upgrades: 84 projects

  • Relocations: 60 projects

  • Plant Closings: 5 projects

Q: Why do we track plant closings?
A: Closings can mean opportunities for surplus equipment sales, redevelopment, or relocation services.

🧰 Opportunities by Equipment Needs

Top equipment categories across these Kentucky industrial projects:

  • Air Emissions Control Equipment — 59

  • Compressed Air Systems — 109

  • Control Systems & Instrumentation — 56

  • Conveyors — 66

  • Floor Coatings — 79

  • Material Handling/Storage — 84

  • Mechanical Construction — 104

  • Packaging Equipment — 46

  • Process Equipment — 27

  • Tanks/Vessels — 19

Suppliers targeting these categories can gain early access to high-value sales conversations.

💰 Largest Kentucky Industrial Projects in 2023

In 2023, our team identified 14 projects valued at $100M+. The largest: Toyota Motor North America, planning to invest $591 million for renovation and equipment upgrades at its Georgetown facility — completion expected in 2025.

🗺️ Top Tracked Industrial Projects in Kentucky

Here are some key highlights:

  • Hopkinsville: $504M battery component manufacturing plant

  • Ghent: $244M steel product facility expansion

  • Hebron: $192M logistics hub expansion at CVG Airport

  • Robards: $187M, 160 MW solar farm

  • Lawrenceburg: $161M distillery expansion

  • Morehead: $144M startup distillery facility

  • Louisville: $137M snack food processing & distribution renovation

  • Bardstown: $131M automotive parts facility expansion

About Industrial SalesLeads, Inc.

Since 1959, Industrial 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  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 provides hundreds of industrial reports within a variety of industries, including:

🚀 How Industrial SalesLeads Can Help

Since 1959, Industrial SalesLeads has delivered verified industrial project intelligence to help sales and marketing teams secure new opportunities. Whether you target equipment upgrades, greenfield construction, or modernization projects, our data helps you fill your pipeline with qualified appointments.

Contact us today to see how our Industrial Market Intelligence Reports and Outsourced Prospecting Services can help you grow.

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