Industrial SalesLeads released the Wisconsin 2024 new planned industrial capital project spending report. The Firm tracks North American industrial construction projects and manufacturing capex activity which include facility expansions, new plant construction and significant equipment modernization projects. Research confirms 146 new construction projects identified in Wisconsin during 2024.
The following are selected highlights on recent Wisconsin industrial construction news and manufacturing capital projects.
Planned Industrial Construction in Wisconsin by Project Type:
Manufacturing Facilities - 48 New Projects
Processing Facilities - 36 New Projects
Distribution and Industrial Warehouse - 63 New Projects
Power/Energy/Oil and Gas - 4 New Projects
Laboratory Facilities - 6 New Projects
Mine - 1 New Project
Planned Industrial Construction in Wisconsin Scope/Activity
New Construction - 69 New Projects
Expansion - 34 New Projects
Renovations/Equipment Upgrades - 50 New Projects
Relocations - 16 New Projects
Plant Closing - 14 New Projects
Opportunities - By Equipment Need
Air Emissions Control Equipment - 69
Compressed Air Systems - 130
Control Systems and Instrumentation - 68
Conveyors - 84
Floor Coatings - 85
Material Handling/Storage Equipment - 105
Mechanical Construction - 116
Packaging Equipment - 52
Process Equipment - 27
Tanks/Vessels - 21
Largest Planned Industrial Construction Projects in Wisconsin
During the year 2024, our research team identified 9 industrial construction projects in WISCONSIN with an estimated value of $100 million or more.
The largest project is owned by Eli Lilly and Company, who is planning to invest $3 billion for the expansion of their processing facility in PLEASANT PRAIRIE, WI. They are currently seeking approval for the project. Construction is expected to start in 2025.
Top 10 Tracked Industrial Projects in Wisconsin
Oak Creek, WI
Utility company is planning to invest $1.2 billion for the construction of an LNG plant in OAK CREEK, WI. They are currently seeking approval for the project. Completion is slated for late 2027.
Superior, WI
Electric utility company is planning to invest $1 billion for the construction of a 625 MW natural gas-fired power plant in SUPERIOR, WI.
Jefferson, WI and Walworth, WI
Specialty food processing company is planning to invest $800 million for the construction of a processing, warehouse, and office facility in JEFFERSON, WI. The project includes the expansion and equipment upgrades of their existing plant in WALWORTH, WI.
Jefferson, WI
Biofuel mfr. is planning to invest $500 million for the renovation and equipment upgrades on their processing facility at W5289 Joe Turley Way in JEFFERSON, WI.
Dickeyville, WI
Plumbing equipment mfr. is planning to invest $340 million for the construction of a manufacturing facility in DICKEYVILLE, WI. Completion is slated for 2026.
Jefferson, WI
Pet food mfr. is planning to invest $195 million for a 35,000 sf expansion and equipment upgrades on their processing facility in JEFFERSON, WI.
Pleasant Prairie, WI
Corrugated packaging product mfr. is planning to invest $140 million for the construction of a 550,000 sf manufacturing and warehouse facility at 9423 Koessl Court in PLEASANT PRAIRIE, WI.
Milwaukee, WI
Biotechnology company is planning to invest $75 million for a 50,000 sf expansion and equipment upgrades on their processing facility in MILWAUKEE, WI. Completion is slated for Summer 2026.
New Glarus, WI
Brewery is planning to invest $55 million for a 65,000 sf expansion and equipment upgrades on their production, office, and storage facility in NEW GLARUS, WI. Construction is expected to start in early 2025, with completion slated for Fall 2026.
Fort Worth, WI
Building materials mfr. is planning to invest $40 million for the construction of a 500,000 sf warehouse and manufacturing facility at 2000 Commerce Dr. in DE PERE, WI. Completion is slated for early 2026.
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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