Pharma, Manufacturing Lead Indiana to $21.6 Billion of Projects Under Construction

March 20, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Indiana ranks only 38th among U.S. states by acreage, but despite this smaller footprint, the state is showing an outsized amount of industrial activity when compared with others. Industrial Info is tracking more than $21.6 billion worth of industrial projects under construction in Indiana. While the projects cover a range of industries, the Pharmaceutical-Biotech and Industrial Manufacturing industries contribute the most spending to Indiana's activity; the two industries account for nearly $15.4 billion worth of projects under construction in the state, boosted substantially by a few high-dollar projects.

Companies featured: Eli Lilly and Company (NYSE:LLY), Fluor Corporation (NYSE:FLR), Stellantis NV (NYSE:STLA), NextEra Energy Incorporated's (NYSE:NEE)