Planned Industrial Construction Projects Remain Steady in May 2026 with 400 New Projects

Industrial SalesLeads announced today the May 2026 results for its planned industrial capital project spending report, tracking North American facility expansions, new plant construction, and significant equipment modernization projects across all major industrial sectors. The firm's industrial market research team confirmed 400 new planned industrial projects during the month of May, representing a 2% decrease from the 408 projects reported in April 2026.

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

Planned Industrial Construction - By Project Type:

            Manufacturing Facilities - 150 New Projects

            Processing Facilities - 76 New Projects

            Distribution and Industrial Warehouse - 187 New Projects

            Power/Energy/Oil and Gas - 13 New Projects

            Laboratory Facilities - 66 New Projects

            Mine - 0 New Projects

            Terminal - 0 New Projects

            Pipeline - 0 New Projects

Planned Industrial Construction - By Scope/Activity

            New Construction - 130 New Projects

            Expansion - 95 New Projects

            Renovations/Equipment Upgrades - 183 New Projects

            Plant Closing - 24 New Projects

Planned Industrial Construction - By Location (Top 10 States)

            Texas  - 30

            California - 27

            New York - 23

            Georgia - 22

            Indiana - 22

            Michigan - 19

            Florida - 17

            North Carolina - 17

            Ohio - 17

            Pennsylvania - 16

Largest Planned Industrial Construction Project

During the month of May, our research team identified 42 new General Industrial facility construction projects with an estimated value of $100 million or more. 

The largest project is owned by JetZero, who is planning to invest $5 billion for the construction of an 8 million sf manufacturing facility at Piedmont Triad International Airport in GREENSBORO, NC. They have recently received approval for the project.

Top 10 Tracked Industrial Construction Projects

INDIANA:

Pharmaceutical company is planning to invest $5 billion for the expansion of their two processing facilities in LEBANON, IN. They are currently seeking approval for the project.

OHIO:

Electrical energy company is planning to invest $2 billion for the construction of a 1,300 MW natural gas-fired power plant in WASHINGTON TOWNSHIP, OH. They are currently seeking approval for the project. Construction is expected to start in Fall 2026, with completion slated for 2030.

TEXAS:

Chemical mfr. is planning to invest $2 billion for the construction of a methanol processing facility in TEXAS CITY, TX. They are currently seeking approval for the project. Completion is slated for 2030.

NORTH CAROLINA:

Pharmaceutical company is planning to invest $1 billion for the construction of a processing, laboratory, and office campus in DURHAM, NC. They are currently seeking approval for the project.

TEXAS:

Pharmaceutical company is planning to invest $1 billion for the construction of a 600,000 sf processing facility in HOUSTON, TX. They are currently seeking approval for the project.

MISSOURI:

Battery mfr. is planning to invest $400 million for the expansion and equipment upgrades on their manufacturing facility in ST. JOSEPH, MO. They are currently seeking approval for the project.

UTAH:

Mining company is planning to invest $400 million for the construction of a lithium extraction and refining facility in OGDEN, UT. They are currently seeking approval for the project. Construction will occur in two phases.

ALABAMA:

Power transformer mfr. is planning to invest $300 million for the construction of a 600,000 sf manufacturing and warehouse facility in MUSCLE SHOALS, AL. They are currently seeking approval for the project. Completion is slated for early 2028.

NORTH CAROLINA:

Aerospace component mfr. is planning to invest $300 million for the construction of two manufacturing facilities totaling 272,000 sf in MONROE, NC. They are currently seeking approval for the project.

NEW MEXICO:

Oil and gas company is planning to invest $260 million for the construction of a natural gas processing facility in EDDY COUNTY, NM. They are currently seeking approval for the project. Completion is slated for early Fall 2028.

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.

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