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  • Posted On Monday, October 09, 2023 by Evan Lamolinara

    Constsept2023

    Research by SalesLeads’ experienced industrial market research team, shows 434 new planned industrial projects tracked during the month of September. Planned industrial project activity increased 1% from the previous month, meaning the past three months have been flat.

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

    Planned Industrial Construction - By Project Type:

                Manufacturing Facilities - 156 New Projects

                Processing Facilities - 97 New Projects

                Distribution and Industrial Warehouse - 212 New Projects

                Power/Energy/Oil and Gas - 8 New Projects

                Laboratory Facilities - 11 New Projects

                Mine - 0 New Projects

                Terminal - 0 New Projects

                Pipeline - 0 New Projects           

    Planned Industrial Construction - By Scope/Activity

                New Construction - 198 New Projects

                Expansion - 100 New Projects

                Renovations/Equipment Upgrades - 134 New Projects

                Plant Closing - 25 New Projects

    Planned Industrial Construction - By Location (Top 10 States)

                Texas - 32

                California - 30

                Indiana - 20

                Florida - 19

                Michigan - 19

                New York - 19

                Pennsylvania - 18

                Georgia - 17

                Ontario - 15

                Virginia - 14

    Largest Planned Industrial Construction Project

    During the month of September, our research team identified 33 new General Industrial facility construction projects with an estimated value of $100 million or more.

    The largest project is owned by Cummins Inc., who is considering investing $3 billion for the construction of a battery manufacturing facility and currently seeking a site in INDIANA.

    Top 10 Tracked Industrial Construction Projects

    ALBERTA:

    Packaging and paper product mfr. is planning to invest $584 million for the expansion and equipment upgrades on a manufacturing facility in HINTON, AB. They are currently seeking approval for the project. Completion is slated for Fall 2027.

    QUEBEC:

    Copper foil mfr. is planning to invest $514 million for the renovation and equipment upgrades on a manufacturing facility in GRANBY, QC. They are currently seeking approval for the project. Completion is slated for 2026.

    PENNSYLVANIA:

    Custom corrugated packaging products mfr. is planning to invest $500 million for the renovation and equipment upgrades on their multiple manufacturing facilities in PA. They are currently seeking approval for the project.

    CALIFORNIA:

    Beverage company is planning to invest $500 million for the construction of a 620,000 sf processing and distribution campus at 10670 6th St. in RANCHO CUCAMONGA, CA. Construction is expected to start in 2024. They will relocate their operations from FONTANA, CA upon completion in Summer 2026.

    TEXAS:

    Green hydrogen mfr. is planning to invest $500 million for the construction of a processing facility in BEAUMONT, TX. They are currently seeking approval for the project. Completion is slated for 2026.

    OHIO:

    Air taxi mfr. is planning to invest $478 million for the construction of a manufacturing and warehouse facility in DAYTON, OH. They have recently received approval for the project. Construction is expected to start in 2024, with completion slated for 2025.

    MINNESOTA:

    Electric utility service provider is planning to invest $406 million for the expansion of their currently under-construction solar farm in BECKER, MN. Completion is slated for 2025.

    NEW MEXICO:

    Semiconductor mfr. is planning to invest $300 million for the renovation and equipment upgrades on a manufacturing facility in RIO RANCHO, NM. They are currently seeking approval for the project. 

    FLORIDA:

    Municipality is planning to invest $260 million for an expansion of their waste-to-energy plant in PASCO COUNTY, FL. They have recently received approval for the project. Completion is slated for Summer 2026. 

    BRITISH COLUMBIA:

    Wood product mfr. is planning to invest $200 million for the construction of a manufacturing facility in HOUSTON, BC. They are currently seeking approval for the project. Construction is expected to start in 2024.

    About IMI SalesLeads, Inc.

    Since 1959, IMI 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, including:

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