JACKSONVILLE BEACH, Fla. — SalesLeads recently announced the December 2021 results for the newly planned capital project spending report for the Industrial Manufacturing and the Distribution and Supply Chain sectors. The Firm tracks North American planned industrial capital project activity, including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 134 new projects in Industrial Manufacturing and 180 new projects in the Distribution and Supply Chain sectors.
The following are selected highlights of reported projects.
Industrial Manufacturing – by Project Type
– Manufacturing/Production Facilities – 123 New Projects
– Distribution and Industrial Warehouse – 54 New Projects
Industrial Manufacturing – By Project Scope/Activity
– New Construction – 46 New Projects
– Expansion – 49 New Projects
– Renovations/Equipment Upgrades – 52 New Projects
– Plant Closings – 7 New Projects
Industrial Manufacturing – By Project Location (Top 10 States)
Indiana – 11
Texas – 9
North Carolina – 9
Georgia – 7
Tennessee – 7
Michigan – 7
Minnesota – 7
Pennsylvania – 6
New York – 6
Ontario – 6
Distribution and Supply Chain – By Project Type
– Distribution/Fulfillment Centers – 68 New Projects
– Industrial Warehouse – 151 New Projects
Distribution and Supply Chain- By Project Scope/Activity
– New Construction – 93 New Projects
– Expansion – 36 New Projects
– Renovations/Equipment Upgrades – 51 New Projects
– Closing – 3 New Projects
Distribution and Supply Chain – By Project Location (Top 5 States)
Florida – 17
Massachusetts – 13
California – 12
Texas – 11
Ohio – 10
LARGEST PLANNED PROJECT
During December, the SalesLeads’ research team identified 16 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more. The largest project is owned by Toyota Motor North America, which is planning to invest $3 billion to construct a battery manufacturing facility in LIBERTY, NC. They have recently received approval for the project. Completion is slated for 2025.
The SalesLeads’ research team also identified eight (8) new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more. The largest project is owned by Venture Global LNG, Inc., which is planning to invest $10 billion to construct a warehouse and processing facility in CAMERON, LA. They are currently seeking approval for the project.
The posts from SalesLeads’ Research, 134 New Industrial Manufacturing Planned Industrial Project Reports – December 2021 Recap and 180 New Distribution and Supply Chain Planned Industrial Project Reports – December 2021 Recap, contain more details on the upcoming projects. You can find all the information at salesleadsinc.com.