SalesLeads has announced the September 2021 results for the newly planned capital project spending report for the Distribution and Supply Chain industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 172 new projects in the Distribution and Supply Chain sector.
The following are selected highlights on new Distribution Center and Warehouse construction news.
Distribution and Supply Chain – By Project Type
- Distribution/Fulfillment Centers – 58 New Projects
- Industrial Warehouse – 147 New Projects
Distribution and Supply Chain- By Project Scope/Activity
- New Construction – 86 New Projects
- Expansion – 38 New Projects
- Renovations/Equipment Upgrades – 54 New Projects
- Closing – 5 New Projects
Distribution and Supply Chain – By Project Location (Top 5 States)
- New York – 13
- Texas – 12
- California – 11
- Ohio – 10
- Florida – 10
Largest Planned Project
During the month of September, our research team identified 3 new Distribution and Supply Chain facility construction projects with an estimated value of $100 million or more.
The largest project is owned by AEsir Technologies, Inc., which is planning to invest $250 million for the construction of a manufacturing and distribution complex in RAPID CITY, SD. Construction will occur in phases. They will relocate operations upon completion.
Top 10 Tracked Distribution and Supply Chain Project Opportunities
Arkansas:
Pet food mfr. is planning to invest $117 million for a 47,000 SF expansion and equipment upgrades at their warehouse and processing facility in FORT SMITH, AR. Completion is slated for 2023.
Texas:
Online clothing and accessories consignment retailer is planning to invest $70 million for the renovation and equipment upgrades on a recently leased 600,000 SF distribution center in LANCASTER, TX. Completion is slated for Spring 2022.
Vermont:
Computer equipment mfr. is planning to invest $50 million for the construction of a 125,000 SF warehouse and manufacturing facility at 88 Technology Park Way in SOUTH BURLINGTON, VT. They are currently seeking approval for the project. Construction is expected to start in Summer 2022.
New York:
A beverage company is planning to invest $50 million for the renovation and equipment upgrades on processing, warehouse, and office complex at 50 Broad Street in ROCHESTER, NY. Renovations are expected to start in 2022. They will relocate operations upon completion in Spring 2024.
Oklahoma:
Online car retailer is planning to invest $40 million for the construction of a 190,000 SF warehouse and service facility in OKLAHOMA CITY, OK. They have recently received approval for the project.
Washington:
Furniture mfr. is planning to invest $35 million for expansion of their warehouse and distribution center at 20623 34th Ave. E in FREDERICKSON, WA by 400,000 SF. They are currently seeking approval for the project.
Ohio:
An Automobile storage provider is planning to invest $30 million for the construction of a 188,600 SF warehouse and storage complex in NEW ALBANY, OH. Construction will occur in phases, with the completion of the first phase slated for early 2022.
Texas:
A Food bank is planning to invest $30 million for the construction of a 100,000 SF refrigerated warehouse and distribution facility in CORPUS CHRISTI, TX. They are currently seeking approval for the project.
New York:
Technology and logistics firm is planning to invest $28 million for the renovation of their distribution and office facility in BUFFALO, NY. They have recently received approval for the project.
Minnesota:
Boat mfr. is planning to invest $25.4 million for the construction of a 182,000 SF warehouse and manufacturing facility at 18040 US-10 in BIG LAKE, MN. They have recently received approval for the project. They will relocate operations upon completion. The site will allow for a future 50,000 SF expansion.
About the Author:
Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.
