Industrial Construction Projects Report 3% Increase in New Projects for May 2025

Research from Industrial SalesLeads’ experienced industrial market research team identified 407 new planned industrial projects in May, reflecting a 3% increase from April’s total of 394 projects. The following data underscores industrial project growth within North America.

The following are selected highlights on new industrial construction news and project opportunities throughout North America.

Planned Industrial Construction - By Project Type:

            Manufacturing Facilities - 128 New Projects

            Processing Facilities - 85 New Projects

            Distribution and Industrial Warehouse - 209 New Projects

            Power/Energy/Oil and Gas - 7 New Projects

            Laboratory Facilities - 12 New Projects

            Mine - 0 New Projects

            Terminal - 0 New Projects

            Pipeline - 0 New Projects

Planned Industrial Construction - By Scope/Activity

            New Construction - 162 New Projects

            Expansion - 92 New Projects

            Renovations/Equipment Upgrades - 158 New Projects

            Plant Closing - 24 New Projects

Planned Industrial Construction - By Location (Top 10 States)

            Texas - 29

            California - 28

            Ohio - 22

            Florida - 21

            Indiana - 21

            New York - 21

            Michigan - 19

            Pennsylvania - 15

            Illinois - 14

            North Carolina - 14

Largest Planned Industrial Construction Project

During the month of May, our research team identified 36 new General Industrial facility construction projects with an estimated value of $100 million or more. 

The largest project is owned by Eli Lilly and Company, who is planning to invest $6 billion for the construction of a processing campus in HOUSTON, TX. They are currently seeking approval for the project. Construction is expected to start in 2026, with completion slated for 2030.

Top 10 Tracked Industrial Construction Projects

OKLAHOMA:

Aluminum products mfr. is planning to invest $4 billion for the construction of a manufacturing facility in INOLA, OK. They are currently seeking approval for the project. Construction is expected to start in late 2026.

INDIANA:

Electric utility service provider is planning to invest $3 billion for the construction of two natural gas fired power plants totaling 1,500 MW in EUGENE TOWNSHIP, IN. They are currently seeking approval for the project. Completion is slated for 2031.

KANSAS:

Pharmaceutical company is planning to invest $895 million for the expansion of their laboratory and processing facility in DE SOTO, KS by 200,000 sf. They are currently seeking approval for the project. Completion is slated for 2030.

NEW YORK:

Automotive mfr. is planning to invest $888 million for the renovation and equipment upgrades on their manufacturing facility in BUFFALO, NY. They are currently seeking approval for the project.

NORTH CAROLINA:

Biotechnology company is planning to invest $700 million for the construction of a 700,000 sf processing facility in HOLLY SPRINGS, NC. They are currently seeking approval for the project.

MICHIGAN:

Pharmaceutical company is considering investing $500 million for the construction of a processing facility and is currently seeking a site in the DETROIT, MI area.

FLORIDA:

Startup aerospace company is planning to invest $430 million for the construction of a 600,000 sf manufacturing and office facility in JACKSONVILLE, FL. They are currently seeking approval for the project. They will relocate their operations upon completion.

NORTH CAROLINA:

Industrial paint and coating mfr. is planning to invest $380 million for the construction of a 198,000 sf processing and warehouse facility in SHELBY, NC. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for early 2027.

VIRGINIA:

Toy mfr. is planning to invest $366 million for the construction of a 2 million sf distribution center on Wells Station Road in PRINCE GEORGE, VA. They have recently received approval for the project.

OKLAHOMA:

Building materials supplier is planning to invest $330 million for the expansion, renovation, and equipment upgrades on their manufacturing facility in DUKE, OK. They have recently received approval for the project. Completion is slated for Fall 2027.

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, 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.

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