« Back to Blog
Posted On Thursday, July 04, 2024 by Evan Lamolinara

Distrojune2024 (1)

Industrial SalesLeads has released the June 2024 results for its capital project spending report in the Distribution and Supply Chain sector. Our research team tracked 246 new industrial projects in June, compared to 186 in May and 110 in April — a strong surge in activity that highlights expanding investments in warehouse and logistics infrastructure across North America.

Industrial SalesLeads monitors planned capital projects including new construction, facility expansions, equipment modernization, and plant closings. The following are selected highlights on new Distribution Center and Warehouse construction news.

Projects by Type

  • Distribution and Fulfillment Centers: 15 new projects

  • Industrial Warehouses: 231 new projects

Projects by Scope

  • New Construction: 142 projects

  • Facility Expansions: 37 projects

  • Renovations and Equipment Upgrades: 65 projects

  • Closings: 5 projects

Top States for Distribution and Supply Chain Projects

  • Texas – 22 projects

  • California – 20 projects

  • Florida – 15 projects

  • New York – 14 projects

  • Georgia – 13 projects

Largest Planned Project

In June, our research team identified eight distribution and supply chain projects valued at $100 million or more. The largest is led by Ross Stores Inc., which will invest $450 million to build a 1.7 million-square-foot distribution center in Randleman, NC. The project has been approved.

Top 10 Distribution and Supply Chain Project Opportunities

Florida
A beverage company plans to invest $420 million in a 1.4 million-square-foot processing and distribution facility at 3935 Intermodal Dr. in Winter Haven, FL. Approvals are pending.

New Jersey
An oil and gas transportation provider is planning a 972,000-square-foot warehouse and logistics complex at 577 Smith St. in Perth Amboy, NJ. Approvals are pending.

California
A dairy company plans a 730,000-square-foot processing, warehouse, and office campus on Lacey Blvd. in Hanford, CA, relocating a portion of operations upon completion.

Missouri
A global online retailer will build a 630,000-square-foot distribution center in Kansas City, MO, with completion slated for 2026 pending approvals.

Florida
A state agency plans to invest $116 million in renovations and upgrades for a 461,000-square-foot warehouse and cold storage facility in Auburndale, FL.

Missouri
A pharmaceutical and medical supply company plans to invest $108 million in a 307,000-square-foot distribution center in Kansas City, MO.

New York
A pharmaceutical company will invest $106 million for a 43,000-square-foot expansion and upgrades to its processing and warehouse facility in Rochester, NY.

Virginia
An HVAC equipment manufacturer received approval for a $57 million renovation of a 400,000-square-foot facility in Richmond, VA, with completion expected in early 2025.

Ohio
A logistics service provider plans to invest $50 million in a 250,000-square-foot cold storage warehouse in Cleveland, OH. Approvals are pending.

North Carolina
A specialty food processing company plans a $35 million processing and warehouse facility in Goldsboro, NC, with completion scheduled for late 2025.

About Industrial SalesLeads

Since 1959, Industrial SalesLeads, based in Jacksonville, FL, has provided industrial capital project intelligence and sales prospecting services to help sales and marketing teams build scalable pipelines.

Our Industrial Market Intelligence (IMI) platform delivers timely data on companies planning new construction, expansions, relocations, equipment upgrades, and plant closings. In addition, our Outsourced Prospecting Services provide qualified meetings and appointments, acting as an extension of your sales team.

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

What to learn more? Get in Touch

Latest Posts

Get In Touch