U.S. on Track for $79.5 Billion in Industrial Manufacturing Project Completions This Year

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $79.5 billion of Industrial Manufacturing Industry projects with a targeted completion date this year. Some have already been completed, some will make it to the 2021 finish line, but construction will carry over into 2022 for others. The automotive and distribution & warehousing sectors lead in terms of the value of projects, while the Great Lakes market region has the most value by market region.

Click on the image at right for a breakdown by market region of U.S. Industrial Manufacturing projects targeting a 2021 completion date.

Among the automotive projects that have wrapped up this year is Stellantis NV's (NYSE:STLA) (Amsterdam, Netherlands) conversion and expansion project at its Mack Avenue II plant in Detroit, Michigan. In addition to renovations, a new 685,000-square-foot paint shop and test track were built to enable the company to produce the new three-row Jeep sport utility vehicle and a new plug-in hybrid. The project kicked off in 2019, and construction was affected by the onset of the COVID-19 pandemic. However, the project was completed in the first half of this year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the project report.

E-commerce giant Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) has emerged as leader in the distribution & warehousing sector, with the company's fulfillment centers springing up across the U.S. Industrial Info is tracking more than $11.8 billion in Amazon projects that were completed or are planned for completion by the end of the year. Among the largest of these facilities was one completed in Colorado Springs, Colorado, earlier this year. Construction on the five-story, 4 million-square-foot distribution and sorting center began early last year. The facility is aimed at delivering books, electronics, toys and other small items to Colorado and surrounding states. Subscribers can click here for the project report.

Light rail projects also have featured prominently in this year's completion activity. Examples include Phase II of the Third Street Light Rail Transition Extension project in San Francisco, California. The project, which began in 2013 and wrapped up this summer, entailed constructing a 1.7-mile underground rail extension with four underground stations and one surface station. Subscribers can click here for the project report.

Other major light rail projects were completed in Seattle, Washington; Honolulu, Hawaii; and Los Angeles, California.

Another bright spot for project activity this year has been data centers, with companies such as Amazon, Facebook Incorporated (NASDAQ:FB) (Menlo Park, California) and Google parent company Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California) taking prominent roles in completion activity. Examples of completed projects include Alphabet's Phase II construction at its data center campus in Henderson, Nevada, on the southeastern outskirts of Las Vegas. The campus expansion project entailed a 279,770-square-foot, two-story second data center building and approximately 33,000 square feet of office space to help meet increased demand for Google's services. Holder Construction Corporation (Atlanta, Georgia) was the general contractor on the project, which kicked off in 2019 and was completed early this year. Subscribers can click here for the project report.

Approximately $3.9 billion in heavy manufacturing sector projects have been completed or are planned for completion this year. General Electric Company (NYSE:GE) (Boston, Massachusetts) performed upgrades and equipment additions to its refrigerator and dishwasher plants at its campus in Louisville, Kentucky. The projects entailed the addition of new equipment, a new manufacturing line, paint booths and more to help fulfill increased demand for dishwashers and to manufacture various refrigerator models. Subscribers can click here for the project report on the dishwasher plant and here for the refrigerator plant.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.