U.S. Warehouse Demand Grows as Industries See Long-Term Trends in COVID-19 Response
U.S. Warehouse Demand Grows as Industries See Long-Term Trends in COVID-19 Response
Attachment: COVIDwarehouses0720
SUGAR LAND--July 20, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--No one knows how much longer COVID-19 will remain a public threat, but U.S. businesses are beginning to treat recent changes in consumer behavior as long-term trends that demand long-term adjustments, even if the pandemic were soon to subside. Retailers, equipment suppliers and other companies that invest heavily in warehouse and distribution facilities are accelerating these developments, given the rising demand for e-commerce and home-delivery services, as well as businesses that are seeking to minimize human contact. Industrial Info is tracking more than $20 billion in U.S. warehouse and distribution projects set to kick off through December, including $326 million worth that had faced delays earlier in the year due to the COVID-19 pandemic.
Within this article: Details on some of the highest-valued warehouse and distribution projects that are set to begin construction before the end of the year, including those from companies such as Wegmans Food Markets Incorporated, Fifth Generation Incorporated, Amazon.com Incorporated (NASDAQ:AMZN) and Medline Industries Incorporated.
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