Based on research from Industrial SalesLeads' industrial market research team, there were 393 new planned industrial projects tracked in September, representing a 2% decrease in overall planned project activity from the previous month. However, a closer look at the data shows that New Construction projects actually experienced a significant increase, rising from 156 new projects in August to 171 new projects in September. This change represents a 9.62% increase in New Construction projects month-over-month.
The following are selected highlights on new industrial construction news and project opportunities throughout North America.
Planned Industrial Construction - By Project Type:
Manufacturing Facilities - 136 New Projects
Processing Facilities - 76 New Projects
Distribution and Industrial Warehouse - 201 New Projects
Power/Energy/Oil and Gas - 6 New Projects
Laboratory Facilities - 11 New Projects
Mine - 0 New Projects
Terminal - 0 New Projects
Pipeline - 0 New Projects
Planned Industrial Construction - By Scope/Activity
New Construction - 171 New Projects
Expansion - 79 New Projects
Renovations/Equipment Upgrades - 158 New Projects
Plant Closing - 22 New Projects
Planned Industrial Construction - By Location (Top 10 States)
Texas - 31
California - 28
New York - 25
Indiana - 21
Michigan - 19
Ohio - 19
Florida - 18
Pennsylvania - 17
Georgia - 16
Wisconsin - 15
Largest Planned Industrial Construction Project
During the month of September, our research team identified 38 new General Industrial facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Oklo Inc., who is planning to invest $1.7 billion for the construction of a processing facility in OAK RIDGE, TN. They are currently seeking approval for the project. Completion is slated for 2030.
Top 10 Tracked Industrial Construction Projects
TEXAS:
Electric utility service provider is planning to invest $1.6 billion for the construction of a 754 MW natural gas-fired power plant in PORT ARTHUR, TX and $799 million for the construction of a 453 MW plant in CLEVELAND, TX. They have recently received approval for the project. Completion is slated for Summer 2028.
FLORIDA:
Utility company is planning to invest $1.6 billion for the construction of a 675 MW combined-cycle gas processing facility in JACKSONVILLE, FL. They are currently seeking approval for the project.
WISCONSIN:
Wet and dry organic waste to fuel company is planning to invest $1.5 billion for the construction of a processing facility in HAYWARD, WI. They are currently seeking approval for the project.
PENNSYLVANIA:
Pharmaceutical company is planning to invest $1.2 billion for the construction of a processing facility in UPPER MERION, PA. They are currently seeking approval for the project.
TEXAS:
Shipbuilder is planning to invest $1 billion for the construction of a manufacturing and warehouse complex in GALVESTON, TX. They are currently seeking approval for the project.
ALABAMA:
Paper product mfr. is planning to invest $800 million for the expansion and equipment upgrades on their manufacturing facility in PERDUE HILL, AL. They are currently seeking approval for the project. Construction is expected to start in late 2025, with completion slated for 2027.
CALIFORNIA:
Biotechnology company is planning to invest $600 million for the construction of a laboratory, processing, and office facility on their campus in THOUSAND OAKS, CA. They have recently received approval for the project.
VIRGINIA:
Electrical equipment mfr. is planning to invest $457 million for the expansion of their manufacturing facility in SOUTH BOSTON, VA. They are currently seeking approval for the project. Construction is expected to start in late 2025, with completion slated for 2028.
LOUISIANA:
Microchip mfr. is planning to invest $370 million for the construction of a 40,000 sf manufacturing facility in RUSTON, LA. They are currently seeking approval for the project. Construction is expected to start in Spring 2026, with completion slated for Summer 2027.
SOUTH CAROLINA:
Automotive mfr. is planning to invest $300 million for the construction of a 2.3 million sf manufacturing, assembly, and warehouse campus in BLYTHEWOOD, SC. They are currently seeking approval for the project.
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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