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  • Posted On Tuesday, February 06, 2024 by Vince Antoine

    Kentucky

    SalesLeads announced today the CY2023 results for the new planned industrial capital project spending report for the state of KENTUCKY. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 182 new projects identified in KENTUCKY during 2023.

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

    Planned Industrial Construction in KENTUCKY by Project Type:

              Manufacturing Facilities - 37 New Projects

              Processing Facilities - 29 New Projects

              Distribution and Industrial Warehouse - 38 New Projects

              Power/Energy/Oil and Gas - 2 New Projects                  

    Planned Industrial Construction in KENTUCKY by Scope/Activity

              New Construction - 61 New Projects

              Expansion - 44 New Projects

              Renovations/Equipment Upgrades - 84 New Projects

              Relocations - 60 New Projects

              Plant Closing - 5 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 59 

              Compressed Air Systems - 109

              Control Systems and Instrumentation - 56

              Conveyors - 66

              Floor Coatings - 79

              Material Handling/Storage Equipment - 84

              Mechanical Construction - 104

              Packaging Equipment - 46

              Process Equipment - 27

              Tanks/Vessels - 19

    Largest Planned Industrial Construction Projects in KENTUCKY

    During the year 2023, our research team identified 14 industrial construction projects in KENTUCKY with an estimated value of $100 million or more.

    The largest project is owned by Toyota Motor North America, who is planning to invest $591 million for the renovation and equipment upgrades on their manufacturing facility in GEORGETOWN, KY. Completion is slated for 2025.

    Top 10 Tracked Industrial Projects in KENTUCKY

    Hopkinsville, KY

    Battery component mfr. is planning to invest $504 million for the construction of a 350,000 sf manufacturing facility in HOPKINSVILLE, KY. Completion is slated for early Spring 2025.

    Ghent, KY

    Steel products mfr. is planning to invest $244 million for the expansion, renovation, and equipment upgrades on their manufacturing facility in GHENT, KY.

    Hopkinsville, KY

    Automotive component mfr. is planning to invest $225 million for the construction of a manufacturing facility in HOPKINSVILLE, KY.

    Hebron, KY

    Global logistics company is planning to invest $192 million for the expansion of their warehouse and maintenance hangar at CVG Airport in HEBRON, KY by 305,000 sf.

    Robards, KY

    Renewable energy company is planning to invest $187 million for the construction of a 160 MW solar farm in ROBARDS, KY. Completion is slated for early Summer 2024.

    Lawrenceburg, KY

    Distillery is planning to invest $161 million for the expansion of their production facility in LAWRENCEBURG, KY. Completion is slated for Summer 2025.

    Berea, KY

    Automotive components mfr. is planning to invest $153 million for a 752,000 sf expansion and equipment upgrades on their manufacturing facility in BEREA, KY.

    Morehead, KY

    Startup distillery is planning to invest $144 million for the construction of a production and warehouse facility in MOREHEAD, KY.

    Louisville, KY

    Snack food mfr. is planning to invest $137 million for the renovation and equipment upgrades on a 434,000 sf processing and distribution facility at 1391 Dixie Hwy. in LOUISVILLE, KY. Completion is slated for Fall 2024.

    Bardstown, KY

    Automotive parts mfr. is planning to invest $131 million for a 320,000 sf expansion and equipment upgrades on their manufacturing facility in BARDSTOWN, KY. Completion is slated for early Fall 2024.

    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:

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