• Posted On Friday, January 31, 2025 by Evan Lamolinara

    Mass

    Industrial SalesLeads released the 2024 results for its highly anticipated industrial capital project spending report, for the state of Massachusetts. The Firm, known for its expertise in tracking industrial project activity across North America, covers a range of developments, from facility expansions and new plant constructions to major equipment modernization efforts. Research uncovers a total of 152 new industrial projects slated for Massachusetts in 2024, signaling growth and investment in the state's industrial sector.

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

    Planned Industrial Construction in Massachusetts by Project Type:

              Manufacturing Facilities - 34 New Projects

              Processing Facilities - 27 New Projects

              Distribution and Industrial Warehouse - 64 New Projects

              Power/Energy/Oil and Gas - 1 New Project

              Laboratory Facilities - 18 New Projects

    Planned Industrial Construction in MASSACHUSETTS by Scope/Activity

              New Construction - 63 New Projects

              Expansion - 22 New Projects

              Renovations/Equipment Upgrades - 64 New Projects

              Relocations - 43 New Projects

              Plant Closing - 6 New Projects

    Opportunities - By Equipment Need

              Air Emissions Control Equipment - 53

              Compressed Air Systems - 135

              Control Systems and Instrumentation - 63

              Conveyors - 69

              Floor Coatings - 79

              Material Handling/Storage Equipment - 89

    Mechanical Construction - 126

              Packaging Equipment - 41

              Process Equipment - 24

              Tanks/Vessels - 14

    Largest Planned Industrial Construction Projects in Massachusetts

    During the year 2024, our research team identified 5 industrial construction projects in MASSACHUSETTS with an estimated value of $100 million or more.

    The largest project is owned by Town Of Dennis, who is planning to invest $248 million for the construction of a wastewater treatment plant on Theophilus F. Smith Rd. in DENNIS, MA. Construction will occur in multiple phases. 

    Top 10 Tracked Industrial Projects in Massachusetts

    Grafton, MA

    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.

    Salem, MA

    Energy solutions company is planning to invest $170 million for the construction of a wind farm terminal and staging facility in SALEM, MA. Completion is slated for 2026.

    Burlington, MA

    Aerospace company is planning to invest $78 million for the renovation of 326,000 sf of laboratory and office space at 174-176 Middlesex Turnpike in BURLINGTON, MA. They will relocate their operations upon completion.

    Lynn, MA

    Aerospace component mfr. is planning to invest $30 million for equipment upgrades on their manufacturing facility in LYNN, MA.

    Worcester, MA

    Aerospace component mfr. is planning to invest $29 million for the renovation and equipment upgrades on a 138,000 sf manufacturing, office, and warehouse facility at 115 Northeast Cutoff in WORCESTER, MA. They will relocate their operations upon completion in late 2025.

    Fall River, MA

    Logistics service provider is planning for the construction of a 203,000 sf warehouse facility at 10 Innovation Way in FALL RIVER, MA.

    Ayer, MA

    Specialty food product mfr. is planning for the expansion of their processing and warehouse facility in AYER, MA by 177,000 sf.

    Devens, MA

    Medical device mfr. is planning for a 160,000 sf expansion and equipment upgrades on their manufacturing and warehouse facility in DEVENS, MA.

    Westfield, MA

    Railroad company is planning for the construction of a 100,000 sf warehouse facility on Ampad Rd. in WESTFIELD, MA. They are currently seeking approval for the project.

    East Providence, MA

    Medical device mfr. is planning to invest $14 million for the renovation and equipment upgrades on a recently acquired manufacturing facility in EAST PROVIDENCE, RI.

     

    About Industrial SalesLeads, Inc.

    Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and Outsourced Lead Generation 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 Lead Generation 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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