North Carolina Industrial Construction Report Shows 212 Manufacturing Project for 2024

The 2024 industrial capital project spending forecast for North Carolina has just been released, showing continued new industrial construction developments. The Industrial SalesLeads comprehensive report tracks planned industrial projects across North America, covering everything from facility expansions to the construction of new plants and major upgrades to equipment. The Firms results confirm that North Carolina will experience 212 new industrial projects in 2024, marking a year of growth and investment in the state’s industrial sector.

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

Planned Industrial Construction in NORTH CAROLINA by Project Type:

          Manufacturing Facilities - 82 New Projects

          Processing Facilities - 44 New Projects

          Distribution and Industrial Warehouse - 73 New Projects

          Power/Energy/Oil and Gas - 3 New Projects

          Laboratory Facilities - 5 New Projects

Planned Industrial Construction in NORTH CAROLINA by Scope/Activity

          New Construction - 86 New Projects

          Expansion - 48 New Projects

          Renovations/Equipment Upgrades - 77 New Projects

          Relocations - 38 New Projects

          Plant Closing - 19 New Projects

Opportunities - By Equipment Need

          Air Emissions Control Equipment - 109 

          Compressed Air Systems - 188

          Control Systems and Instrumentation - 117

          Conveyors - 128

          Floor Coatings - 125

          Material Handling/Storage Equipment - 147

          Mechanical Construction - 181

          Packaging Equipment - 90

          Process Equipment - 39

          Tanks/Vessels - 26

Largest Planned Industrial Construction Projects in NORTH CAROLINA

During the year 2024, our research team identified 23 industrial construction projects in NORTH CAROLINA with an estimated value of $100 million or more. 

The largest project is owned by Johnson & Johnson, who is planning to invest $2 billion for the construction of a processing campus in WILSON, NC. Construction is expected to start in Spring 2025. 

Top 10 Tracked Industrial Projects in NORTH CAROLINA

Wilmington, NC

Specialty cold storage and transportation service provider is planning to invest $1.5 billion for the construction of a cold storage and warehouse complex at Wilmington International Airport in WILMINGTON, NC.

Clayton, NC

Pharmaceutical company is planning to invest $1.5 billion for the expansion of their processing facility in CLAYTON, NC.

Rocky Mount, NC

Startup battery mfr. is planning to invest $1.4 billion for the construction of a 1.2 million sf manufacturing facility in ROCKY MOUNT, NC.

Holly Springs, NC

Biotechnology company is planning to invest an additional $1.2 billion for the expansion of their currently under-construction processing facility at 11751 Holly Springs New Hill Road in HOLLY SPRINGS, NC. Completion of the first phase is slated for Summer 2025.

Fayetteville, NC

Titanium mfr. is planning to invest $868 million for the construction of a 500,000 sf manufacturing facility at 557 Bethune Dr. in FAYETTEVILLE, NC. Completion is slated for 2027.

Whitakers, NC

Diesel engine mfr. is planning to invest $580 million for the expansion and equipment upgrades on their manufacturing facility in WHITAKERS, NC.

Randleman, NC

Department store chain is planning to invest $450 million for the construction of a 1.7 million sf distribution center in RANDLEMAN, NC.

Greenville, NC

Medical device mfr. is planning to invest $400 million for the construction of a 550,000 sf manufacturing, warehouse, office, and training campus at 1911 Old Creek Road in GREENVILLE, NC. Completion is slated for late 2026

Wilson, NC

Pharmaceutical packaging and containment solutions provider is planning to invest $371 million for the construction of a manufacturing facility in WILSON, NC. Completion is slated for 2027.

Greensboro, NC

Semiconductor component mfr. is planning to invest $305 million for the expansion of their manufacturing facility in GREENSBORO, NC.

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: