Planned Industrial Construction Projects Continue Strong in June 2024 with 496 New Projects

Industrial SalesLeads announced today the June 2024 results for planned industrial construction projects 

across North America. 496 new projects were tracked, marking a 19% increase compared to the previous month. This growth highlights continued investment in manufacturing facilities, processing plants, warehouses, and infrastructure.

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

Planned Industrial Construction – By Project Type:

• Manufacturing Facilities – 169 New Projects

• Processing Facilities – 95 New Projects

• Distribution & Industrial Warehouses – 246 New Projects

• Power/Energy/Oil & Gas – 4 New Projects

• Laboratory Facilities – 18 New Projects

• Mines – 1 New Project

• Terminals & Pipelines – No New Projects

Planned Industrial Construction – By Scope/Activity:

• New Construction – 229 New Projects

• Expansion – 116 New Projects

• Renovations & Equipment Upgrades – 155 New Projects

• Plant Closings – 30 New Projects

Planned Industrial Construction – By Location (Top 10 States):

• California – 33 Projects

• Texas – 32 Projects

• Florida – 29 Projects

• Georgia – 24 Projects

• Indiana – 24 Projects

• New York – 23 Projects

• Ohio – 22 Projects

• Pennsylvania – 22 Projects

• Wisconsin – 17 Projects

• North Carolina – 15 Projects

Largest Planned Industrial Construction Project:

During June 2024, our research team identified 31 new general industrial facility projects with an estimated value of $100 million or more.

Largest Project of the Month:

• Owner: Metropolitan Water District of Southern California

• Investment: $8 billion

• Facility: Wastewater treatment processing plant

• Location: Carson, CA

• Estimated Construction Timeline: Start in 2026, Completion by 2032

Top 10 Tracked Industrial Construction Projects:

Indiana:

• Investment: $5 billion

• Industry: Pharmaceutical

• Scope: Expansion of processing facility in Lebanon, IN

• Completion: 2028

Mississippi:

• Investment: $2 billion

• Industry: EV Battery Manufacturing

• Scope: New construction in Marshall County, MS

• Completion: 2027

North Carolina:

• Investment: $1.5 billion

• Industry: Pharmaceutical

• Scope: Expansion of processing facility in Clayton, NC

• Approval Status: Seeking approval

Texas:

• Investment: $1 billion

• Industry: Municipal Wastewater Treatment

• Scope: Expansion, renovation, and equipment upgrades in Austin, TX

• Estimated Construction Start: 2025

Mississippi:

• Investment: $700 million

• Industry: Renewable Energy

• Scope: 396 MW solar farm in Hinds County, MS

• Approval Status: Seeking approval

Louisiana:

• Investment: $475 million

• Industry: Carbon Capture Solutions

• Scope: Processing facility at Port of Caddo-Bossier, Shreveport, LA

• Construction Start: Late 2024, Completion in 2026

North Carolina:

• Investment: $450 million

• Industry: Retail Distribution

• Scope: 1.7 million sq. ft. distribution center in Randleman, NC

• Approval Status: Recently approved

Florida:

• Investment: $420 million

• Industry: Beverage

• Scope: 1.4 million sq. ft. processing & distribution facility in Winter Haven, FL

• Approval Status: Seeking approval

South Dakota:

• Investment: $354 million

• Industry: Electric Utility

• Scope: 145 MW power plant in Toronto, SD

• Construction Timeline: Start in Spring 2027, Completion in 2029

Alabama:

• Investment: $330 million

• Industry: Beverage Processing

• Scope: 450,000 sq. ft. processing facility in Birmingham, AL

• Construction Start: Early 2025, Completion in 2028

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL, has been a leader in delivering industrial capital project intelligence, industrial project reports, and prospecting services for sales and marketing teams. Our Industrial Market Intelligence (IMI) provides insights on new construction, expansions, relocations, equipment modernization, and plant closings in industrial facilities. The Outsourced Prospecting Services team enhances your sales pipeline with qualified leads and appointments. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including: