Georgia’s 2024 Industrial Report: 217 New Capital Projects Driving Manufacturing and Construction Growth

Industrial SalesLeads has released its annual report on planned industrial capital project spending in Georgia for the calendar year 2024. The Firm, which tracks industrial project activity across North America, monitors developments including facility expansions, new plant construction, and significant equipment modernization projects. Research indicates that a total of 217 new industrial projects were identified in Georgia throughout the year, reflecting continued investment and growth in the state's industrial sector.

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

Planned Industrial Construction in Georgia by Project Type:

          Manufacturing Facilities - 49 New Projects

          Processing Facilities - 30 New Projects

          Distribution and Industrial Warehouse - 116 New Projects

          Power/Energy/Oil and Gas - 3 New Projects

          Laboratory Facilities - 2 New Projects

          Mine - 1 New Project

          Data Center - 5 New Projects

Planned Industrial Construction in Georgia by Scope/Activity

          New Construction - 99 New Projects

          Expansion - 44 New Projects

          Renovations/Equipment Upgrades - 80 New Projects

          Relocations - 32 New Projects

          Plant Closing - 10 New Projects

Opportunities - By Equipment Need

          Air Emissions Control Equipment - 66

          Compressed Air Systems - 196

          Control Systems and Instrumentation - 66

          Conveyors - 113

          Floor Coatings - 123

          Material Handling/Storage Equipment - 133

          Mechanical Construction - 187

          Packaging Equipment - 48

          Process Equipment - 25

          Tanks/Vessels - 18

Largest Planned Industrial Construction Projects in Georgia

During the year 2024, our research team identified 18 industrial construction projects in GEORGIA with an estimated value of $100 million or more. 

The largest project is owned by Oglethorpe Power, who is planning to invest $2 billion for the construction of a 1,200 MW natural gas-fired power plant in FORSYTH, GA. They are also planning to invest $360 million for the construction of a 240 MW natural gas-fired power plant in BOX SPRINGS, GA. 

Top 10 Tracked Industrial Projects in Georgia

Thomaston, GA

Plastic recycling service provider is planning to invest $950 million for the construction of a 2.5 million sf processing and warehouse facility in THOMASTON, GA. Construction is expected to start in 2025, with completion slated for 2027.

Macon, GA

Paper towel and tissue mfr. is planning to invest $600 million for the expansion and equipment upgrades on their manufacturing facility in MACON, GA. They are currently seeking approval for the project.

Macon, GA

Hygiene products mfr. is planning to invest $418 million for the expansion and equipment upgrades on their manufacturing, warehouse, and office facility in MACON, GA

Cedartown, GA

Solar panel glass mfr. and recycling company is planning to invest $344 million for the construction of a manufacturing facility in CEDARTOWN, GA. Completion is slated for 2026.

LaGrange, GA

Sauce and condiment mfr. is planning to invest $288 million for the construction of a processing facility in LAGRANGE, GA.

Morrow, GA

Bathroom fixture mfr. is planning to invest $238 million for the expansion and equipment upgrades on their manufacturing and warehouse facility in MORROW, GA.

Rome, GA

Municipality is planning to invest $200 million for the construction of a water treatment plant on Riverside Pkwy in ROME, GA.

Augusta, GA

Automotive component mfr. is planning to invest $184 million for the construction of a manufacturing facility in AUGUSTA, GA. Completion is slated for 2027.

Fort Valley, GA

Specialty bus mfr. is planning to invest $160 million for the renovation and equipment upgrades on their manufacturing facility in FORT VALLEY, GA.

Adairsville, GA

Solar component mfr. is planning to invest $154 million for the expansion and equipment upgrades on their manufacturing facility at 500 Soho Drive in ADAIRSVILLE, GA. Construction will occur in 2 phases.

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: