SOUTH CAROLINA Industrial Construction Project and Manufacturing Capex Activity - 2023 Recap

SalesLeads is proud to present the detailed 2023 report on industrial capital project spending for the state of SOUTH CAROLINA. This comprehensive analysis underscores the dynamic growth and significant investment in the state's industrial sector, offering critical insights for stakeholders seeking to capitalize on these opportunities. Our firm meticulously tracks North American planned industrial capital project activities, encompassing facility expansions, new plant construction, and significant equipment modernization projects. In 2023, our research confirmed 117 new industrial projects in SOUTH CAROLINA, highlighting substantial opportunities for business development, lead generation, and strategic planning. The following are selected highlights on recent South Carolina industrial construction news and manufacturing capital projects.

Comprehensive Overview of SOUTH CAROLINA Industrial Construction

Planned Industrial Construction by Project Type:

• Manufacturing Facilities: The state saw 61 new manufacturing facility projects, ranging from automotive and aerospace to food processing and textiles, underscoring the diversity and resilience of SOUTH CAROLINA’s industrial base.

• Processing Facilities: With 24 new projects, the processing facilities reflect the state's commitment to enhancing its capabilities in sectors such as chemicals, pharmaceuticals, and food processing.

• Distribution and Industrial Warehouse: A total of 36 new distribution and warehouse projects were identified, highlighting SOUTH CAROLINA’s strategic importance as a logistics hub, essential for supporting both regional and national supply chains.

Scope and Activity:

• New Construction: 45 new construction projects illustrate the state’s proactive approach to expanding its industrial infrastructure and capabilities.

• Expansion: 34 projects focused on expansion, indicating healthy growth and scaling of existing operations to meet increasing demand and enhance operational efficiencies.

• Renovations/Equipment Upgrades: With 40 projects dedicated to renovations and equipment upgrades, companies are investing in modernizing their facilities to improve productivity and competitiveness.

• Relocations: 10 projects involved the relocation of industrial operations, showcasing strategic repositioning to optimize logistics and operational efficiencies within the state.

• Plant Closings: There were 12 plant closings, offering potential for redevelopment and repurposing industrial spaces to adapt to new economic realities and opportunities.

Equipment Needs and Opportunities:

• Air Emissions Control Equipment: 70 projects highlight the increasing focus on environmental sustainability and regulatory compliance within the state’s industrial sector.

• Compressed Air Systems: 100 projects indicate a widespread need for efficient and reliable air systems in various manufacturing and processing operations.

• Control Systems and Instrumentation: 75 projects emphasize the importance of advanced control systems to enhance automation, precision, and operational efficiency.

• Conveyors: 81 projects reflect the critical role of material handling and logistics in industrial facilities, essential for maintaining smooth and efficient operations.

• Floor Coatings: 72 projects showcase the demand for durable and safe flooring solutions in high-traffic industrial environments, crucial for ensuring worker safety and facility longevity.

• Material Handling/Storage Equipment: 98 projects indicate a significant need for advanced storage solutions to support efficient warehousing and distribution operations.

• Mechanical Construction: 96 projects highlight the ongoing mechanical and construction needs within the state’s industrial sector, supporting infrastructure development and operational enhancements.

• Packaging Equipment: 58 projects underscore the importance of efficient packaging solutions in the manufacturing supply chain, essential for maintaining product quality and facilitating distribution.

• Process Equipment: 22 projects demonstrate the necessity for specialized equipment to support various manufacturing and processing operations, contributing to operational efficiency and product quality.

• Tanks/Vessels: 19 projects indicate a steady demand for storage and processing tanks in industries such as chemical manufacturing and food processing, critical for supporting large-scale operations.

Major Planned Industrial Construction Projects in SOUTH CAROLINA

In 2023, our research team identified 17 major industrial construction projects in SOUTH CAROLINA valued at $100 million or more. These projects represent substantial investments in the state’s industrial future, enhancing its capabilities and competitive edge.

Top 10 Tracked Industrial Projects:

1. Richburg, SC: A specialty chemical manufacturer is planning to invest $1.3 billion in constructing a new processing facility, positioning SOUTH CAROLINA as a leader in the chemical processing industry.

2. Florence, SC: An EV battery manufacturer is investing an additional $810 million to expand their currently under-construction manufacturing facility, with completion slated for 2026.

3. Florence, SC: The municipality is planning a $537 million investment in expanding, renovating, and upgrading their water and wastewater treatment plant, with construction occurring in three phases.

4. Sumter, SC: A magnetic product manufacturer is investing $500 million in constructing a new manufacturing facility, with completion expected in Fall 2025.

5. Gray Court, SC: An automotive component manufacturer is planning a $500 million expansion and equipment upgrade at their manufacturing and warehouse facility, enhancing the state’s automotive supply chain.

6. Rock Hill, SC: A semiconductor manufacturer is investing $443 million in renovating and upgrading a 300,000 square foot manufacturing and office facility, supporting the state's growing tech industry.

7. Chester, SC: A roofing product manufacturer is planning to invest $360 million in constructing a 325,000 square foot manufacturing facility, including an additional plant on Lancaster Hwy, with completion slated for late 2025.

8. Columbia, SC: A battery recycling company is investing $300 million in constructing a new processing facility, with completion expected in late 2024, contributing to the state’s sustainability efforts.

9. Piedmont, SC: A specialty food product manufacturer is investing $228 million in renovating and upgrading a recently acquired 641,000 square foot processing and warehouse facility, with completion expected in late 2025.

10. Charleston, SC: The municipality is planning a $200 million investment in renovating and upgrading their wastewater treatment plant on Landing Pkwy, with construction occurring in multiple phases.

Conclusion: The 2023 industrial construction and manufacturing sector in SOUTH CAROLINA showcased significant growth and investment, presenting numerous opportunities for stakeholders in various industries. SalesLeads remains committed to providing timely and detailed insights to help businesses navigate and capitalize on these opportunities for strategic growth and development. Our industrial market intelligence and prospecting services are designed to drive growth, enabling your sales and marketing teams to build a predictable and scalable pipeline.

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