Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Strong Start to Q3 with 136 New Industrial Manufacturing Planned Industrial Project

News Source: Industrial SalesLeads Inc

The latest research identified 136 new projects, an increase from 128 in September 2024

JACKSONVILLE BEACH, Fla., Nov. 7, 2024 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its October 2024 report on planned capital project spending in the Industrial Manufacturing sector. The firm monitors planned industrial capital projects across North America, including facility expansions, new plant construction, and major equipment modernization initiatives. The latest research identified 136 new projects, an increase from 128 in September.

Industrial Manufacturing Monthly Report 2024 October
Image caption: Industrial Manufacturing Monthly Report 2024 October.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing – By Project Type

Manufacturing/Production Facilities – 118 New Projects

Distribution and Industrial Warehouse – 85 New Projects

Industrial Manufacturing – By Project Scope/Activity

New Construction – 47 New Projects

Expansion – 42 New Projects

Renovations/Equipment Upgrades – 56 New Projects

Plant Closings – 12 New Projects

Industrial Manufacturing – By Project Location (Top 10 States)

Pennsylvania – 10

Indiana – 9

North Carolina – 7

Ohio – 7

Ontario – 7

Tennessee – 7

Texas – 7

Illinois – 6

Washington – 6

Arizona – 5

LARGEST PLANNED PROJECT

During the month of October, our research team identified 19 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Eli Lilly and Company, who is planning to invest $4.5 billion for the construction of a processing, laboratory, and research campus in LEBANON, IN. They are currently seeking approval for the project.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

NORTH CAROLINA:

Pharmaceutical company is planning to invest $2 billion for the construction of a processing campus in WILSON, NC. Construction is expected to start in Spring 2025.

NEVADA:

Battery mfr. is planning to invest $1 billion for the construction of a 1.2 million sf manufacturing facility in RENO, NV. They are currently seeking approval for the project. Construction is expected to start in 2025.

PENNSYLVANIA:

Pharmaceutical company is planning to invest $800 million for the construction of 2 processing facilities on their campus in MARIETTA, PA. They are currently seeking approval for the project. Construction is expected to start in late 2024, with completion slated for late 2028.

MICHIGAN:

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.

VIRGINIA:

Pharmaceutical company is planning to invest $200 million for the expansion of their processing facility at 2020 Avon Crt. in CHARLOTTESVILLE, VA. They have recently received approval for the project.

PENNSYLVANIA:

Generator mfr. is planning to invest $175 million for the construction of a 300,000 sf manufacturing facility in FINDLAY TWP., PA. They are currently seeking approval for the project. Construction is expected to start in 2025.

NORTH CAROLINA:

Consumer goods mfr. is planning to invest $146 million for the renovation and equipment upgrades on a processing facility at 4700 Sandoz Dr. in WILSON, NC. They are currently seeking approval for the project.

TEXAS:

Plastic recycling company is planning to invest $145 million for the construction of a processing and warehouse facility in HOOKS, TX. They are currently seeking approval for the project. Construction is expected to start in Summer 2025.

OREGON:

Wood product mfr. is planning to invest $120 million for the renovation and equipment upgrades on its manufacturing facility in SPRINGFIELD, OR. The project includes the construction of 2 manufacturing facilities at the site. Completion is slated for early 2026 and late 2026 respectively.

ALABAMA:

Automotive component mfr. is planning to invest $100 million for the renovation and equipment upgrades on a manufacturing facility in AUBURN, AL. They have recently received approval for the project.

LEARN MORE: https://www.salesleadsinc.com/industry/industrial-manufacturing/

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is 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://www.salesleadsinc.com/.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

Learn more: 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.

To view the original story, visit: https://www.send2press.com/wire/strong-start-to-q3-with-136-new-industrial-manufacturing-planned-industrial-project/

Copr. © 2024 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P122027 FCN24-3B

 

INFORMATION BELOW THIS PAGE, IF ANY, IS UNRELATED TO THIS PRESS RELEASE.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.