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  • Posted On Tuesday, May 10, 2022 by Evan Lamolinara

    Constructionapril22

    Industrial SalesLeads’ experienced market research team, IMI, shows 440 new planned industrial projects tracked during the month of April.

    Planned industrial project activity decrease 2% from the previous 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 - 149 New Projects

              Processing Facilities - 132 New Projects

              Distribution and Industrial Warehouse - 170 New Projects

              Power/Energy/Oil and Gas - 9 New Projects

              Laboratory Facilities - 22 New Projects

              Mine - 0 New Project

              Terminal - 0 New Project

              Pipeline - 0 New Projects

    Planned Industrial Construction - By Scope/Activity

              New Construction - 197 New Projects

              Expansion - 128 New Projects

              Renovations/Equipment Upgrades - 120 New Projects

              Plant Closing - 23 New Projects

    Largest Planned Industrial Construction Project

    During the month of April, our research team identified 36 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by VinFast Auto US, who is planning to invest $4 billion for the construction of a manufacturing and distribution facility in MONCURE, NC. They are currently seeking approval for the project. Completion is slated for 2024.

    Planned Industrial Construction - By Location (Top 10 States)

              New York - 30

              California - 28

              Texas - 28

              Florida - 23

              Ohio - 21

              Indiana - 21

              Michigan - 20

              Ontario - 16

              Pennsylvania - 16

              Wisconsin - 15

    Top 10 Tracked Industrial Construction Projects

    ONTARIO:

    Automotive mfr. is planning to invest $2 billion for the renovation and equipment upgrades on their manufacturing facilities in INGERSOLL, ON and OSHAWA, ON. They have recently received approval for the project.

    KENTUCKY:

    EV battery mfr. is planning to invest $2 billion for the construction of a 3 million sf manufacturing facility in BOWLING GREEN, KY. They are currently seeking approval for the project.

    PENNSYLVANIA:

    Specialty chemical company is planning to invest $1.1 billion for the construction of a processing, warehouse, and storage facility in POINT TOWNSHIP, PA. They are currently seeking approval for the project. Construction is expected to start in Fall 2022, with completion slated for Fall 2024.

    OHIO:

    Lithium‐ion battery components mfr. is planning to invest $1 billion for the construction of a manufacturing facility in SIDNEY, OH. They have recently received approval for the project.

    ALBERTA:

    Oil and gas company is planning to invest $800 million for the construction of a processing facility in CROSSFIELD, AB. They are currently seeking approval for the project.

    KANSAS:

    Biotechnology company is planning to invest $650 million for the construction of a 500,000 sf processing facility in MANHATTAN, KS. They are currently seeking approval for the project.

    NORTH CAROLINA:

    Department store chain is planning to invest $584 million for the construction of a 1.4 million sf distribution center in CHINA GROVE, NC. They are currently seeking approval for the project. Completion is slated for Summer 2023.

    GEORGIA:

    Snack food mfr. is planning to invest $450 million for the construction of a processing facility at 720 Perry Pkwy. in PERRY, GA. Completion is slated for late 2023.

    CALIFORNIA:

    Steel fabricator is planning to invest $350 million for the construction of a manufacturing facility in MOJAVE, CA. Construction is expected to start in early 2023, with completion slated for early 2025.

    TENNESSEE:

    Nuclear fuel mfr. is planning to invest $300 million for the construction of a 500,000 sf manufacturing facility at Horizon Center Industrial Park in OAK RIDGE, TN. Completion is slated for 2025.

     

    About SalesLeads, Inc.

    Since 1959, 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.

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