News Source: Industrial SalesLeads Inc
JACKSONVILLE BEACH, Fla., March 11, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its February 2025 report on planned capital project spending within the Industrial Manufacturing sector. The company monitors industrial capital project activity across North America, including new plant construction, facility expansions, and major equipment upgrades. The latest research identifies 149 new projects, with renovation initiatives taking the lead in the industry.
Image caption: Industrial SalesLeads released its February 2025 report on planned capital project spending.
The following are selected highlights on new Industrial Manufacturing industry construction news.
INDUSTRIAL MANUFACTURING – BY PROJECT TYPE
Manufacturing/Production Facilities – 139 New Projects
Distribution and Industrial Warehouse – 109 New Projects
INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY
New Construction – 41 New Projects
Expansion – 40 New Projects
Renovations/Equipment Upgrades – 65 New Projects
Plant Closings – 14 New Projects
INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)
North Carolina – 14
Illinois – 11
Michigan – 9
Ohio – 9
California – 8
Indiana – 8
New York – 8
Connecticut – 7
South Carolina – 7
Pennsylvania – 6
LARGEST PLANNED PROJECT
During the month of February, our research team identified 15 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Linamar Corporation, who is planning to invest $1 billion for the expansion of their manufacturing facilities in GUELPH, ON, STAFFORD, ON, WELLAND, ON and WINDSOR, ON. They are currently seeking approval for the project.
TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS
OHIO:
Sanitary paper product mfr. is planning to invest $984 million for the construction of a 1.6 million sf manufacturing facility in DEFIANCE, OH. They are currently seeking approval for the project.
TEXAS:
Building materials mfr. is planning to invest $715 million for the renovation and equipment upgrades on a manufacturing facility at 1750 Inland Road in ORANGE, TX. They are currently seeking approval for the project. Construction is expected to start in Fall 2025, with completion slated for early 2028.
ONTARIO:
Pharmaceutical company is planning to invest $570 million for the expansion of their processing facility in MISSISSAUGA, ON. They are currently seeking approval for the project and will relocate their corporate HQ upon completion.
SOUTH CAROLINA:
Electrical transformer mfr. is planning to invest $340 million for the renovation and equipment upgrades on a recently acquired 861,000 sf manufacturing and warehouse facility at 6802 Furman L Fendley Hwy. in JONESVILLE, SC. They are currently seeking approval for the project. Completion is slated for 2027
TEXAS:
Steel fabricator is planning to invest $255 million for the expansion of their manufacturing facility in EL PASO, TX. They are currently seeking approval for the project. Completion is slated for 2027.
NORTH CAROLINA:
Specialty wire product mfr. is planning to invest $194 million for the construction of a manufacturing facility in CHATHAM COUNTY, NC. They are currently seeking approval for the project.
SOUTH CAROLINA:
Paper mfr. is planning to invest $145 million for the renovation and equipment upgrades on their manufacturing facilities in EASTOVER, SC and SUMTER, SC. They are currently seeking approval for the project. Completion is slated for late 2026.
MISSISSIPPI:
Lumber company is planning to invest $123 million for the expansion and equipment upgrades on their manufacturing facility in ACKERMAN, MS. The project includes the construction of storage facilities at the site. They are currently seeking approval for the project.
NORTH CAROLINA:
Electrical transformer mfr. is planning to invest $103 million for the construction of two manufacturing facilities totaling 300,000 sf on Carolina Dr. in RAEFORD, NC. They are currently seeking approval for the project.
NEW YORK:
Aerospace equipment mfr. is planning to invest $65 million for a 150,000 sf expansion and equipment upgrades on their manufacturing, laboratory, and office facility in ENDICOTT, NY. They are currently seeking approval for the project. Completion is slated for 2027.
About Industrial SalesLeads, Inc.
Since 1959, Industrial SalesLeads, based in Jacksonville, FL continues to be a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI 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 Prospecting 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 https://salesleadsinc.com/.
Each month, our team provides hundreds of industrial reports within a variety of industries, including:
- Industrial Manufacturing
- Plastics
- Food and Beverage
- Metals
- Power Generation
- Pulp Paper and Wood
- Oil and Gas
- Mining and Aggregates
- Chemical
- Research and Development
- Distribution and Supply Chain
- Pipelines
- Pharmaceutical
- Industrial Buildings
- Waste Water Treatment
- Data Centers
LEARN MORE:
https://www.salesleadsinc.com/industry/industrial-manufacturing/
https://www.salesleadsinc.com/solutions/industrial-project-reports/
This press release was issued on behalf of the news source (Industrial SalesLeads Inc), who is solely responsible for its accuracy, by Send2Press Newswire.
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