Research by SalesLeads’ experienced industrial market research team, shows 191 new planned Distribution and Supply Chain industry project opportunities tracked during the month of August.
Planned industrial project activity within the sector decreased by 3% from the previous month, and is down 31% YTD from the previous year.
The following are selected highlights on new Distribution Center and Warehouse construction news.
Distribution and Supply Chain - By Project Type
Distribution/Fulfillment Centers - 39 New Projects
Industrial Warehouse - 171 New Projects
Distribution and Supply Chain - By Project Scope/Activity
New Construction - 104 New Projects
Expansion - 44 New Projects
Renovations/Equipment Upgrades - 48 New Projects
Closing - 0 New Projects
Distribution and Supply Chain - By Project Location (Top 5 States)
Texas - 26
Ohio - 12
California - 11
Wisconsin - 11
Georgia - 9
Largest Planned Project
During the month of August, our research team identified 3 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Boeing, is planning to invest $133 million for an expansion of their warehouse, manufacturing and painting facility in RENTON, WA. Watch SalesLeads for updates.
Top 10 Tracked Distribution and Supply Chain Project Opportunities
GEORGIA:
Flooring products mfr. has recently agreed to pre-lease two distribution centers totaling 1 million sf at the Georgia International Trade Center in SAVANNAH, GA. Completion is slated for late 2019 and Summer 2020.
MISSISSIPPI:
Athletic apparel and accessories mfr. has recently agreed to pre-lease a 708,000 sf distribution center on Goodman Road in MARSHALL COUNTY, MS. Construction is expected to be complete in Fall 2020.
ARIZONA:
Logistics service provider is planning to invest $45 million for the construction of a 720,000 sf distribution and office facility at 143rd Ave. and Yuma Road in GOODYEAR, AZ. They have recently received approval for the project. They plan to relocate operations upon completion in Fall 2020.
GEORGIA:
Municipality is planning to invest $50 million for the construction of a 79,000 sf office, warehouse, and vehicle maintenance facility on South East St. in AMHERST, MA. The project includes the construction of a fire department HQ at 586 S. Pleasant St. in AMHERST, MA. They are currently seeking approval for the project.
ILLINOIS:
Medical device and supply company is planning for the construction of a 400,000 sf distribution facility on Stearns Road in BARTLETT, IL. They have recently received approval for the project.
KENTUCKY:
Startup barrel mfr. is planning to invest $34 million for the construction of an 80,000 sf manufacturing facility in EDMONTON, KY. The project includes the renovation and equipment upgrades on an existing 30,000 sf warehouse at the same location. They have recently received approval for the project.
TENNESSEE:
Medical equipment mfr. is planning to invest $46 million for the construction of a 1-million sf distribution center at Interstate 55 and U.S. Highway 51 in SOUTHAVEN, MS. They will relocate a portion of operations from their location at South Mendenhall Road in MEMPHIS, TN upon completion in early 2021.
NORTH CAROLINA:
Online used-car dealer is planning to invest $35 million for the expansion, renovation, and equipment upgrades on an automotive distribution and storage facility at 2321 Concord Parkway South in CONCORD, NC. They are currently seeking approval for the project.
OHIO:
Metal supplier is planning to invest $28 million for the construction of a warehouse, office, and manufacturing facility in TOLEDO, OH. They are currently seeking approval for the project. They plan to relocate their corporate HQ upon completion.
ONTARIO:
Industrial measurement instrument mfr. is planning to invest $28 million for the construction of a 47,000 sf warehouse, laboratory, training, and office facility in BURLINGTON, ON. Completion is slated for Fall 2020.
Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.
Each month, our team provides hundreds of industrial reports within a variety of industries, including: