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  • Posted On Friday, January 03, 2025 by Evan Lamolinara

    Supplydec24

    Industrial SalesLeads today announced the results for December 2024 from its new planned capital project spending report for the Distribution and Supply Chain industry. Our team of researchers monitor planned industrial capital projects across North America, including facility expansions, new plant constructions, and major equipment modernization efforts. According to the latest research, there were 191 new projects identified within 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 - 21 New Projects

              Industrial Warehouse - 172 New Projects

    Distribution and Supply Chain- By Project Scope/Activity

              New Construction - 89 New Projects

              Expansion - 28 New Projects

              Renovations/Equipment Upgrades - 78 New Projects

              Closing - 5 New Projects

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

              Texas - 23

              California - 12

              Florida - 10

              New York - 10

              Indiana - 8

    Largest Planned Project

    During the month of December, our research team identified 8 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Toyota Motor North America, Inc., who is planning to invest $922 million for a 1 million sf expansion and equipment upgrades on their manufacturing and warehouse facility in GEORGETOWN, KY. Completion is slated for 2027.

     Top 10 Tracked Distribution and Supply Chain Project Opportunities

    Maryland:

    Global online retailer is planning to invest $350 million for the construction of a 3.1 million sf distribution center in ROCKVILLE, MD. They are currently seeking approval for the project.

    California:

    Production studio is investing $230 million for the construction of a 245,000 sf warehouse and soundstage complex at 2233 E. Jesse St. in LOS ANGELES, CA. Completion is slated for late 2025.

    Massachusetts:

    Global shipping company is planning for the construction of an 845,500 sf warehouse facility at 50 Centennial Dr. in GRAFTON, MA. They have recently received approval for the project.

    Mississippi:

    Specialty insulation mfr. is planning to invest $100 million for the expansion and equipment upgrades on their manufacturing and warehouse facility in BYHALIA, MS. They are currently seeking approval for the project. Completion is slated for 2027.

    South Carolina:

    Beverage company is planning to invest $100 million for the construction of a processing and warehouse facility in WEST COLUMBIA, SC. They are currently seeking approval for the project.

    Illinois:

    State agency is planning to invest $82 million for the construction of a 160,000 sf warehouse, storage, and office facility in WHEATON, IL. They are currently seeking approval for the project.

    Texas:

    Footwear and apparel mfr. is planning to invest $73 million for the expansion of their distribution center and office facility in FORT WORTH, TX. They are currently seeking approval for the project.

    North Carolina:

    Furniture mfr. is planning to invest $50 million for the renovation and equipment upgrades on a 500,000 sf manufacturing and warehouse facility at 187 Gildan Drive in MOCKSVILLE, NC. Completion is slated for Fall 2025.

    New York:

    Aerospace company is planning to invest $45 million for the construction of a 73,000 sf manufacturing, warehouse, and office facility on N Geddes St. in SYRACUSE, NY. Construction is expected to start in early Spring 2025. They will relocate a portion of their operations upon completion in late 2026.

    South Carolina:

    Construction company is planning to invest $36 million for the construction of a warehouse and office facility at 101 Venture Way in WALTERBORO, SC. They are currently seeking approval for the project. Completion is expected by Spring 2025.

     

    About Industrial SalesLeads, Inc.

    Since 1959, Industrial 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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