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  • Posted On Tuesday, February 01, 2022 by Evan Lamolinara

    North Carolina

    SalesLeads announced today the CY2021 results for the new planned industrial capital project spending report for the state of North Carolina. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 207 new projects identified in North Carolina during 2021.

    The following are selected highlights on recent North Carolina industrial construction news and manufacturing capital projects.

    Planned Industrial Construction in North Carolina by Project Type:

              Manufacturing Facilities - 99 New Projects

              Processing Facilities - 36 New Projects

              Distribution and Industrial Warehouse - 67 New Projects

              Power/Energy/Oil and Gas - 1 New Project

              Laboratory Facilities - 15 New Projects

              Mine - 0 New Projects

              Data Center - 0 New Projects

     Planned Industrial Construction in North Carolina by Scope/Activity

              New Construction - 72 New Projects

              Expansion - 56 New Projects

              Renovations/Equipment Upgrades - 88 New Projects

              Relocations - 33 New Projects

              Plant Closing - 4 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 125

              Compressed Air Systems - 192

              Control Systems and Instrumentation - 143

              Conveyors - 146

              Floor Coatings - 110

              Material Handling/Storage Equipment - 161

              Mechanical Construction - 185

              Packaging Equipment - 114

              Process Equipment - 32

              Tanks/Vessels - 12

    Largest Planned Industrial Construction Projects in North Carolina

    During the year 2021, our research team identified 51 industrial construction projects in North Carolina with an estimated value of $25 million or more.

    The largest project is owned by Toyota Motor North America, who is planning to invest $3 billion for the construction of a battery manufacturing facility in LIBERTY, NC. They have recently received approval for the project. Completion is slated for 2025.

    Top 10 Tracked Industrial Projects in North Carolina

    Holly Springs, NC

    Biotechnology company is planning to invest $1.5 billion for the construction of a processing facility in HOLLY SPRINGS, NC.

    Research Triangle Park, NC

    Global computer and technology products mfr. is planning to invest $1 billion for the construction of an office and research campus in RESEARCH TRIANGLE PARK, NC. They are currently seeking approval for the project.

    Concord, NC

    Beverage company is planning to invest $740 million for the construction of a 2 million sf processing and distribution facility in CONCORD, NC. They have recently received approval for the project.

    Concord, NC

    Metal packaging mfr. is planning to invest $383 million for the construction of an 800,000 sf manufacturing facility at 2321 Concord Pkwy. South in CONCORD, NC. Completion is slated for early 2023.

    Sanford, NC

    Biotechnology company is planning to invest $213 million for the renovation and equipment upgrades on a 117,000 sf processing facility in SANFORD, NC. They have recently received approval for the project.

    Research Triangle Park, NC

    Biotechnology company is planning to invest $200 million for the construction of a 175,000 sf processing facility in RESEARCH TRIANGLE PARK, NC. Completion is slated for 2023.

    Weldon, NC

    Wood products mfr. is planning to invest $200 million for the construction of a 375,000 sf manufacturing facility on Watkins Dr. in WELDON, NC. Construction is expected to start in early 2022, with completion slated for late 2022.

    Durham, NC

    Biotechnology company is planning to invest $157 million for the construction of a 100,000 sf processing facility in DURHAM, NC. They are currently seeking approval for the project.

     Greenville, NC

    Pharmaceutical company is planning to invest $154 million for the expansion, renovation, and equipment upgrades at their processing facility in GREENVILLE, NC. They have recently received approval for the project.

    Hickory, NC

    Fiber optic cable mfr. is planning to invest $150 million for the construction of a manufacturing facility in HICKORY, NC. They have recently received 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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