Industrial SalesLeads has released its CY2024 report on planned industrial capital project spending in Michigan. The firm tracks industrial project activity across North America, including facility expansions, new plant construction, and major equipment modernization initiatives. Research indicates that 217 new projects have been identified in Michigan for 2024.
The following are selected highlights on recent Michigan industrial construction news and manufacturing capital projects.
Planned Industrial Construction in MICHIGAN by Project Type:
Manufacturing Facilities - 95 New Projects
Processing Facilities - 36 New Projects
Distribution and Industrial Warehouse - 82 New Projects
Power/Energy/Oil and Gas - 3 New Projects
Laboratory Facilities - 13 New Projects
Planned Industrial Construction in Michigan by Scope/Activity
New Construction - 95 New Projects
Expansion - 67 New Projects
Renovations/Equipment Upgrades - 76 New Projects
Relocations - 28 New Projects
Plant Closing - 9 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 111
Compressed Air Systems - 194
Control Systems and Instrumentation - 116
Conveyors - 124
Floor Coatings - 143
Material Handling/Storage Equipment - 152
Mechanical Construction - 182
Packaging Equipment - 95
Process Equipment - 29
Tanks/Vessels - 19
Largest Planned Industrial Construction Projects in MICHIGAN
During the year 2024, our research team identified 25 industrial construction projects in MICHIGAN with an estimated value of $100 million or more.
he largest project is owned by Cleveland Cliffs Inc., who is planning to invest $470 million for the renovation and equipment upgrades on their manufacturing facility in DEARBORN, MI. They are currently seeking approval for the project. They are also considering investing $2 billion to repurpose the same plant in DEARBORN, MI.
Top 10 Tracked Industrial Projects in MICHIGAN
Evart, MI
Potash producer is planning to invest $1.2 billion for the construction of a processing facility in EVART, MI. They are currently seeking approval for the project.
Richland Township, MI
Specialty glass and ceramic product mfr. is planning to invest $900 million for the construction of a solar component manufacturing facility in RICHLAND TOWNSHIP, MI. Completion is slated for 2028.
Lansing, MI
Automotive mfr. is planning to invest $500 million for the renovation and equipment upgrades on their manufacturing facility at 920 Townsend St. in LANSING, MI.
Calhoun County, MI
Renewable energy company is planning to invest $453 million for the construction of a solar farm in CALHOUN COUNTY, MI. Completion is slated for 2026.
Plymouth Charter Township, MI
Hydrogen technology company is planning to invest $400 million for the construction of a processing facility in PLYMOUTH CHARTER TOWNSHIP, MI.
Marquette County, MI
Mineral mining company is planning to invest $398 million for the renovation and equipment upgrades on their mine and processing facilities in MARQUETTE COUNTY, MI.
Hemlock, MI
Semiconductor mfr. is planning to invest $325 million for the construction of a manufacturing facility on their manufacturing campus in HEMLOCK, MI. They are currently seeking approval for the project.
Filer City, MI
Energy project development company is planning to invest $300 million to repurpose an existing coal plant for use as a sustainable biomass fuel plant at 700 Mee St. in FILER CITY, MI.
Redford Township, MI
Truck component mfr. is planning to invest $285 million for the expansion and equipment upgrades on their manufacturing facility in REDFORD TOWNSHIP, MI. They are currently seeking approval for the project. Construction is expected to start in early 2025.
Auburn Hills, MI
Automotive component mfr. is planning to invest $278 million for the construction of a 713,000 sf manufacturing facility in AUBURN HILLS, MI. Completion is slated for late 2025.
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.
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