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  • Posted On Sunday, March 07, 2021 by Evan Lamolinara

    Distrofeb2021

    SalesLeads announced today the February 2021 results for the new planned capital project spending report for the Distribution and Supply Chain industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 164 new projects in the Distribution and Supply Chain sector.

    The following are selected highlights on new Distribution Center and Warehouse construction news.

     

    Distribution and Supply Chain - By Project Type

              Distribution/Fulfillment Centers - 53 New Projects

              Industrial Warehouse - 138 New Projects

             

    Distribution and Supply Chain- By Project Scope/Activity

              New Construction - 81 New Projects

              Expansion - 34 New Projects

              Renovations/Equipment Upgrades - 56 New Projects

              Closing - 2 New Projects

     

    Distribution and Supply Chain - By Project Location (Top 5 States)

              Texas - 19

              Florida - 10

              Indiana - 10

              California  - 10

              New York - 9

             

    Largest Planned Project

    During the month of February, our research team identified 4 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Shintech, Inc., who is planning to invest $1.25 billion for the expansion of their processing facilities in IBERVILLE, LA and WEST BATON ROUGE, LA. The project also includes the expansion of their warehouse and processing facility in ADDIS, LA. Completion is slated for late 2023.

     

    Top 10 Tracked Distribution and Supply Chain Project Opportunities

    Tennessee:

    EV battery mfr. is planning to invest $220 million for the renovation and equipment upgrades on a 318,000 sf warehouse and manufacturing facility at 780 International Blvd. in CLARKSVILLE, TN. They have recently received approval for the project. Completion is slated for Summer 2022.

     

    Texas:

    Clothing retailer is planning to invest $140 million for the construction of an 850,000 sf distribution center in LONGVIEW, TX. Construction is expected to start in Spring 2021, with completion slated for Summer 2022.

     

    Indiana:

    Discount store chain is planning to invest $105 million for the construction of a 1 million sf distribution center in PLEASANT VIEW, IN. They are currently seeking approval for the project. Construction is expected to start in Spring 2021.

     

    Utah:

    Online car retailer is planning to invest $43 million for the construction of an inspection and reconditioning center at 299 Lodestone Way in TOOELE, UT. They have recently received approval for the project.

     

    Alabama:

    Construction company is planning to invest $40 million for an expansion of their warehouse and manufacturing facility in BESSEMER, AL. They have recently received approval for the project.

     

    South Carolina:

    Filtration and purification products mfr. is planning to invest $30 million for the renovation and equipment upgrades on a recently leased warehouse and manufacturing facility at 816 Berry Shoals Road in DUNCAN, SC. Completion is slated for early Summer 2021.

     

    Florida:

    Real estate service provider is planning for the construction of a 1 million sf distribution facility on West Atlantic Avenue in DELRAY BEACH, FL. They are currently seeking approval for the project.

     

    Arkansas:

    Specialty wood pellet mfr. is planning for the renovation and equipment upgrades on a 335,000 sf manufacturing and distribution facility in HOPE, AR. They have recently received approval for the project.

     

    Arizona:

    Online luxury goods retailer is planning for the renovation and equipment upgrades on a recently leased 600,000 sf distribution center in PHOENIX, AZ. Completion is slated for Fall 2021.

     

    Delaware:

    Global online retailer is planning for the renovation and equipment upgrades on a recently leased 578,000 sf distribution center in NEW CASTLE, DE. They are currently seeking approval for the project.

     

    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:

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