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Released June 07, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Marquee names like Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) and FedEx Corporation (NYSE:FDX) (Memphis, Tennessee) are expanding their logistics operations in busy areas, and the warehousing and distribution sector is seeing a corresponding growth in buildouts. Industrial Info is tracking more than $3.5 billion worth of warehousing and distribution projects across the U.S. that are set to begin construction during the third quarter, more than 80% of which have a medium-to-high (70% or more) probability of beginning construction as planned.

AttachmentClick on the image at right for a graph detailing the top 10 parent companies for warehousing and distribution projects that are set to kick off from July through September.

Amazon is one of the distribution sector's most dependable investors, but the retail titan has picked a pretty hot spot to build one of its latest projects: a $120 million distribution center in Desert Hot Springs, California, which is just southwest of the Mojave Desert and about 100 miles east of Los Angeles. The facility is expected to include more than 650,000 square feet of space and more than 130 loading docks. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project and Plant databases can learn more from a detailed project report and plant profile.

FedEx, another frequent investor in the distribution sector, plans to construct a $45 million distribution center in Leesburg, Virginia, to support regional operations. It is just south of the Leesburg Executive Airport, a designated reliever airport for Washington-Dulles International Airport. Subscribers can learn more from a detailed project report.

Transport and logistics companies like FedEx often invest in new facilities to expand their footprint into growing markets. DSV Air & Sea (Hedehusene, Denmark) aims to build a $100 million logistics warehouse and regional corporate headquarters in Mesa, Arizona, just east of Pheonix. The 30,000-square-foot office building and two-story warehouse will be across the street from the Phoenix-Mesa Gateway Airport. Subscribers can learn more from a detailed project report.

The areas surrounding regional airports are a popular destination for companies planning distribution centers. McMaster-Carr Supply Company (Elmhurst, Illinois), which provides tools and construction components for various industries, is preparing to begin construction on a $225 million distribution center in Fort Worth, Texas, just east of Perot Field Fort Worth Alliance Airport. Last year, the Fort Worth City Council approved a 10-year, $18 million tax incentive package for McMaster-Carr's project, which would serve as a new regional headquarters for the company. Subscribers can learn more from a detailed project report.

The growing demand for renewable-energy sources has created a new market for related logistics, which is why First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is preparing to develop a $27.5 million solar panel distribution center in Luckey, Ohio. The company plans to renovate a vacant, 1.2 million-square-foot building to improve its distribution operations in the region. Subscribers can learn more from a detailed project report.

Iconic names in the U.S. Food & Beverage Industry also are expanding their warehousing capacities in key markets. Frito-Lay Incorporated, a subsidiary of PepsiCo Incorporated (NASDAQ:PEP) (Harrison, New York), hopes to build a snack food warehouse in Corsicana, Texas, about 50 miles south of Dallas, while Chick-Fil-A (Atlanta, Georgia) aims to demolish one of its existing sites and replace it with a cold-storage distribution center and vehicle-maintenance facility in Weston, Florida, which is just northwest of Miami. Subscribers can read detailed reports on the Frito-Lay and Chick-Fil-A projects.

Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.

Subscribers can click here for a full list of reports for warehousing and distribution projects that are set to begin construction across the U.S. during the third quarter.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).

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