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Posted On Tuesday, February 06, 2024 by Vince Antoine
SalesLeads announced today the CY2023 results for the new planned industrial capital project spending report for the state of CALIFORNIA. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 846 new projects identified in CALIFORNIA during 2023.
The following are selected highlights on recent CALIFORNIA industrial construction news and manufacturing capital projects.
Planned Industrial Construction in CALIFORNIA by Project Type:
Manufacturing Facilities - 78 New Projects
Processing Facilities - 87 New Projects
Distribution and Industrial Warehouse - 151 New Projects
Power/Energy/Oil and Gas - 3 New Projects
Laboratory Facilities - 25 New Projects
Mine - 1 New Project
Data Center - 5 New Projects
Planned Industrial Construction in CALIFORNIA by Scope/Activity
New Construction - 203 New Projects
Expansion - 94 New Projects
Renovations/Equipment Upgrades - 458 New Projects
Relocations - 430 New Projects
Plant Closing - 18 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 140
Compressed Air Systems - 345
Control Systems and Instrumentation - 164
Conveyors - 193
Floor Coatings - 235
Material Handling/Storage Equipment - 234
Mechanical Construction - 354
Packaging Equipment - 110
Process Equipment - 74
Tanks/Vessels - 44
Largest Planned Industrial Construction Projects in CALIFORNIA
During the year 2023, our research team identified 22 industrial construction projects in CALIFORNIA with an estimated value of $100 million or more.
The largest project is owned by Port of Long Beach, who is planning to invest $4.7 billion for the construction of a wind turbine manufacturing facility in LONG BEACH, CA. Construction is expected to start in early 2027, with completion slated for 2035.
Top 10 Tracked Industrial Projects in CALIFORNIA
Sunnyvale, CA
Semiconductor equipment mfr. is planning to invest $4 billion for the construction of a manufacturing, laboratory, and office facility in SUNNYVALE, CA. Completion is slated for 2026.
Mountain View, CA
University is planning to invest $2 billion for the construction of a 1.4 million sf space research and development center in MOUNTAIN VIEW, CA. Completion is slated for 2027.
Roseville, CA
Technology company is planning to invest $1.5 billion for an expansion of a recently acquired manufacturing facility at 7501 Foothills Blvd. in ROSEVILLE, CA. Completion is slated for 2026.
Studio City, CA
Production studio is planning to invest $1 billion for a 1 million sf expansion, renovations, and equipment upgrades on their warehouse, soundstage, and broadcast facility at 4024 Radford Ave. in STUDIO CITY, CA.
South San Francisco, CA
Data center operator is planning to invest $500 million for the construction of a 238,000 sf data center and office campus in SOUTH SAN FRANCISCO, CA. Construction will occur in multiple phases, with completion of the first phase slated for Summer 2026.
Long Beach, CA
Aerospace company is planning to invest $500 million for the renovation and equipment upgrades on their manufacturing and research facilities in LONG BEACH, CA, and MOJAVE, CA.
Rancho Cucamonga, CA
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.
Sacramento, CA
Mobility technology innovation center is planning to invest $300 million for the construction of a 200,000 sf laboratory and manufacturing facility on Ramona Ave. in SACRAMENTO, CA. They will relocate their operations upon completion.
Lake Elsinore, CA
Water utility service provider is planning to invest $217 million for the expansion and equipment upgrades on their water treatment plant in LAKE ELSINORE, CA. Completion is slated for 2026.
Foster City, CA
Biotechnology company is planning to invest $200 million for the construction of a 175,000 sf laboratory on their campus HQ in FOSTER CITY, CA. The project includes the repurposing of 250,000 sf of existing office space into laboratory space. They are currently seeking approval for the project.
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 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:
- Industrial Manufacturing
- Plastics
- Food and Beverage
- Metals
- Power Generation
- Pulp Paper and Wood
- Oil and Gas
- Mining and Aggregates
- Chemical
- Research and Development
- Distribution and Supply Chain
- Pipelines
- Pharmaceutical
- Industrial Buildings
- Waste Water Treatment
- Data Centers
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