Illinois Experiences Surge in Industrial Growth with 209 New Construction and Capex Projects in 2024

Industrial SalesLeads has published the CY2024 report on planned industrial capital project spending in Illinois. The Firm monitors industrial project activity across North America, including facility expansions, new plant construction, and major equipment modernization efforts. Research confirms that 209 new industrial projects were identified in Illinois throughout 2024.

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

Planned Industrial Construction in Illinois by Project Type:

          Manufacturing Facilities - 53 New Projects

          Processing Facilities - 45 New Projects

          Distribution and Industrial Warehouse - 91 New Projects

          Power/Energy/Oil and Gas - 8 New Projects

          Laboratory Facilities - 6 New Projects

          Data Center - 3 New Projects

Planned Industrial Construction in Illinois by Scope/Activity

          New Construction - 69 New Projects

          Expansion - 40 New Projects

          Renovations/Equipment Upgrades - 80 New Projects

          Relocations - 58 New Projects

          Plant Closing - 22 New Projects

Opportunities - By Equipment Need

          Air Emissions Control Equipment - 81

          Compressed Air Systems - 163

          Control Systems and Instrumentation - 79

          Conveyors - 92

          Floor Coatings - 90

          Material Handling/Storage Equipment - 118

          Mechanical Construction - 152

          Packaging Equipment - 58

          Process Equipment - 32

          Tanks/Vessels - 28

Largest Planned Industrial Construction Projects in Illinois

During the year 2024, our research team identified 11 industrial construction projects in ILLINOIS with an estimated value of $100 million or more. 

The largest project is owned by Rivian Automotive, who is planning to invest $1.5 billion for the expansion and equipment upgrades on their manufacturing facility in NORMAL, IL. 

Top 10 Tracked Industrial Projects in Illinois

Rockford, IL

Green hydrogen mfr. is considering investing $1 billion for the construction of a processing facility and currently seeking a site in the ROCKFORD, IL area

East St. Louis, IL

Green hydrogen producer is considering investing $820 million for the construction of a processing facility and currently seeking a site in the EAST ST. LOUIS, IL.

East Alton, IL

Copper products mfr. is planning to invest $500 million for the expansion and equipment upgrades on their manufacturing facility in EAST ALTON, IL.

Belvidere, IL

Automotive mfr. is planning to invest $334 million for the renovation and equipment upgrades on their manufacturing facility in BELVIDERE, IL.

Elk Grove Village, IL

Data center operator is planning to invest $285 million for the construction of a 1 million sf data center campus in ELK GROVE VILLAGE, IL. Completion is slated for 2029.

Rockford, IL

Pharmaceutical company is planning to invest $146 million for the expansion of their manufacturing, processing, and distribution campus in ROCKFORD, IL by 545,000 sf. Completion is slated for Fall 2025.

Naperville, IL

Water utility service provider is planning to invest $69 million for the construction of a 98,000 sf wastewater treatment processing plant at 3712 Plainfield-Naperville Rd. in NAPERVILLE, IL. They are currently seeking approval for the project.

Niles, IL

Pharmaceutical company is planning to invest $35 million for the renovation and equipment upgrades on their processing and office facility in NILES, IL. They are currently seeking approval for the project.

Joliet, IL

Logistics service provider is planning for the renovation and equipment upgrades on a recently leased 640,000 sf distribution facility at 275 W Laraway Rd. in JOLIET, IL.

Geneva, IL

Food contract manufacturing and packaging company is planning for the renovation and equipment upgrades on a 275,000 sf processing facility at 1885 E State St. in GENEVA, IL.

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: