Washington Realizes Industrial Growth with 125 New Capital Projects Identified in 2024

Industrial SalesLeads has released its CY2024 report on planned industrial capital project expenditures for the state of Washington. The Firm specializes in tracking North American industrial project activity, encompassing facility expansions, new plant construction, and major equipment modernization initiatives. Research findings indicate the identification of 125 new industrial projects in Washington throughout 2024.

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

Planned Industrial Construction in Washington by Project Type:

          Manufacturing Facilities - 28 New Projects

          Processing Facilities - 22 New Projects

          Distribution and Industrial Warehouse - 57 New Projects

          Power/Energy/Oil and Gas - 3 New Projects

          Laboratory Facilities - 4 New Projects

          Data Center - 1 New Project

Planned Industrial Construction in Washington by Scope/Activity

          New Construction - 77 New Projects

          Expansion - 16 New Projects

          Renovations/Equipment Upgrades - 31 New Projects

          Relocations - 23 New Projects

          Plant Closing - 9 New Projects

Opportunities - By Equipment Need

          Air Emissions Control Equipment - 41 

          Compressed Air Systems - 111

          Control Systems and Instrumentation - 45

          Conveyors - 59

          Floor Coatings - 84

          Material Handling/Storage Equipment - 71

          Mechanical Construction - 105

          Packaging Equipment - 32

          Process Equipment - 18

          Tanks/Vessels - 17

Largest Planned Industrial Construction Projects in WASHINGTON

During the year 2024, our research team identified 9 industrial construction projects in WASHINGTON with an estimated value of $100 million or more. 

The largest project is owned by AltaGas , who is planning to invest $1 billion to repurpose a recently acquired former smelter site and establish a green hydrogen processing plant at 4050 Mountain View Rd. in FERNDALE, WA. 

Top 10 Tracked Industrial Projects in Washington

WA

Steel company is considering investing $860 million for the construction of a manufacturing facility and currently seeking a site in WA.

Port o f Longview, WA

Wood pellet mfr. is planning to invest $250 million for the construction of a manufacturing facility in PORT OF LONGVIEW, WA. Completion is slated for early 2025.

SPOKANE, WA

Aerospace company is planning to invest $200 million for a 70,000 sf expansion and equipment upgrades on their manufacturing facility in SPOKANE, WA.

WALLULA, WA

Specialty insulation mfr. is planning to invest $175 million for the construction of a manufacturing facility in WALLULA, WA.

Global online retailer is planning for the construction of 4 nuclear plants and a data center in RICHLAND, WA. They are currently seeking approval for the project.

Malaga, WA

Fusion energy company is considering the construction of a 50 MW power plant and manufacturing facility and currently seeking a site in the MALAGA, WA area.

Richland, WA

Nuclear components mfr. is planning to invest $39 million for a 16,000 sf expansion and equipment upgrades on their processing facility in RICHLAND, WA.

Milton, WA

Aerospace company is planning for the renovation and equipment upgrades on a recently leased 1 million sf warehouse facility in MILTON, WA.

 Marysville, WA

Snack food mfr. is planning for the renovation and equipment upgrades on a recently pre-leased 308,000 sf of distribution space at 16000 51st Ave. NE in MARYSVILLE, WA.

Aberdeen, WA

Modular building mfr. is planning for the renovation and equipment upgrades on a 280,000 sf manufacturing facility in ABERDEEN, WA.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and Outsourced Lead Generation 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 Lead Generation 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: