Research by SalesLeads’ industrial market research team shows 182 new planned distribution and supply chain industry project opportunities tracked during the month of May.
The following are selected highlights from the study.
Distribution and Supply Chain - By Project Type
Distribution/Fulfillment Centers - 35 New Projects
Industrial Warehouse - 154 New Projects
Distribution and Supply Chain- By Project Scope/Activity
New Construction - 80 New Projects
Expansion - 39 New Projects
Renovations/Equipment Upgrades - 60 New Projects
Closing - 4 New Projects
Distribution and Supply Chain - By Project Location(Top 5 States)
Texas - 16
Ohio - 14
Florida - 11
California - 11
New York - 9
Largest planned project
During the month of May, SalesLeads identified two new distribution facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Amazon, who is investing $350 million for the construction of a 4 million-square-foot distribution facility in Clay, N.Y. Construction has recently started, with completion slated for Fall 2021.
Top 10 Tracked Distribution and Supply Chain Project Opportunities
ALABAMA:
Specialty coal manufacturer is planning to invest $50 million for the construction of a barge loading warehouse and storage facility in Walker County, Ala.
CALIFORNIA:
Startup online retail company is considering establishing six 150,000-square-foot warehouses in San Francisco.
CONNECTICUT:
Global online retailer is planning to invest $200 million for the renovation and equipment upgrades on an 823,000-square-foot distribution center in Windsor, Conn.
FLORIDA:
Global online retailer is planning for the construction of a 200,000-square-foot distribution center in Groveland, Fla.
MARYLAND:
Global online retailer is planning to invest $92 million for the construction of a distribution center in Gaithersburg, Md.
MAINE:
Building materials distributor is planning for the renovation of a 242,000-square-foot distribution facility in Portland, Maine. They will relocate regional operations upon completion.
NEW JERSEY:
Beverage company is expanding and has recently agreed to pre-lease 420,000 square feet of distribution space in Phillipsburg, N.J.
OHIO:
Truck equipment manufacturer is planning to invest $50 million for the expansion of its office and distribution facility in Mentor, Ohio, by 298,000 square feet.
ONTARIO:
Cobalt producer is planning to invest $56 million for an expansion and equipment upgrades at its warehouse and processing facility in Cobalt, Ontario, Canada. Construction is expected to start in Fall 2020.
TENNESSEE:
Photographic equipment and supplies manufacturer is planning to invest $50 million for the construction of a 259,000-square-foot distribution center in Sevierville, Tenn.
