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Released March 11, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Retailers and manufacturers are building out their storage capacities across the U.S., largely in response to e-commerce demand, but also to improve their existing facilities. Industrial Info is tracking up to $3.6 billion worth of warehousing and distribution-center projects that could begin construction in the second quarter, about half of which is attributed to projects for the Food & Beverage Industry.
Click on the image at right for a graph detailing the top 10 parent companies for U.S.-based warehousing and distribution-center projects scheduled to kick off from April through June, by total investment value.
The single largest project is for a beverage many Americans reach for on Monday mornings. Red Bull North America Incorporated (Santa Monica, California), a subsidiary of Red Bull Service GmbH (Salzburg, Austria), is preparing to build a $424 million distribution center in Concord, North Carolina. The 800,000-square-foot facility will store and distribute non-alcoholic, high-energy drinks made at a nearby filling and packaging plant. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project and Plant databases can learn more from a detailed project report and plant profile.
The Red Bull project received a significant boost in December, when the Cabarrus County Board of Commissioners and the Concord City Council approved an increase to the project's tax grant, based on an increase in investment from the company and its partners. The site formerly was a plant owned by Philip Morris International (NYSE:PM).
Two familiar names in the Food & Beverage Industry plan to expand their already sizable footprints: The Coca-Cola Company (NYSE:KO) (Atlanta, Georgia), which is proposing a new, 400,000-square-foot warehouse and distribution center in Columbus, Ohio, and Trader Joe's (Monrovia, California), which is weighing a new, 1.03 million-square-foot grocery distribution center in Palmdale, California. Subscribers can learn more about these big-name projects in detailed reports on the plans from Coca-Cola and Trader Joe's.
At least two big-name retailers are planning to improve their existing distribution capacity: Bath & Body Works Incorporated (NYSE:BBWI), which is planning a $45 million expansion of its facility in Lockbourne, Ohio, and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which is preparing for a $16.7 million renovation of its delivery station in Austin, Texas. Both projects are slated to wrap up toward the end of the year. Subscribers can read detailed reports on the plans from Bath & Body Works and Amazon.
Sports fans will be happy to learn that Fanatics Incorporated (New York, New York), a leading retailer of licensed sportswear, is preparing to begin construction on a $29 million distribution center in Waxahachie, Texas. The 638,467-square-foot will service Fanatics' E-commerce and wholesale operations with "a new, rapid-delivery network to better serve fans, partners and retailers in the southern U.S. with a significant assortment of high-quality licensed sports products across professional and college teams," Waxahachie officials said in a press release. Subscribers can learn more in a detailed project report.
In other places, real-estate companies are snatching up properties to build warehousing space for prospective clients. Buzz Oates (Sacramento, California), one of the largest privately held commercial real estate firms in the U.S., is preparing to begin construction on a $25 million speculative warehouse campus in Elk Grove, California, comprising two buildings that would total 417,403 square feet on a 20-acre site. Subscribers can learn more from a detailed project report.
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 U.S. warehousing and distribution-center projects that could begin construction in the second 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).
Click on the image at right for a graph detailing the top 10 parent companies for U.S.-based warehousing and distribution-center projects scheduled to kick off from April through June, by total investment value.The single largest project is for a beverage many Americans reach for on Monday mornings. Red Bull North America Incorporated (Santa Monica, California), a subsidiary of Red Bull Service GmbH (Salzburg, Austria), is preparing to build a $424 million distribution center in Concord, North Carolina. The 800,000-square-foot facility will store and distribute non-alcoholic, high-energy drinks made at a nearby filling and packaging plant. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project and Plant databases can learn more from a detailed project report and plant profile.
The Red Bull project received a significant boost in December, when the Cabarrus County Board of Commissioners and the Concord City Council approved an increase to the project's tax grant, based on an increase in investment from the company and its partners. The site formerly was a plant owned by Philip Morris International (NYSE:PM).
Two familiar names in the Food & Beverage Industry plan to expand their already sizable footprints: The Coca-Cola Company (NYSE:KO) (Atlanta, Georgia), which is proposing a new, 400,000-square-foot warehouse and distribution center in Columbus, Ohio, and Trader Joe's (Monrovia, California), which is weighing a new, 1.03 million-square-foot grocery distribution center in Palmdale, California. Subscribers can learn more about these big-name projects in detailed reports on the plans from Coca-Cola and Trader Joe's.
At least two big-name retailers are planning to improve their existing distribution capacity: Bath & Body Works Incorporated (NYSE:BBWI), which is planning a $45 million expansion of its facility in Lockbourne, Ohio, and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which is preparing for a $16.7 million renovation of its delivery station in Austin, Texas. Both projects are slated to wrap up toward the end of the year. Subscribers can read detailed reports on the plans from Bath & Body Works and Amazon.
Sports fans will be happy to learn that Fanatics Incorporated (New York, New York), a leading retailer of licensed sportswear, is preparing to begin construction on a $29 million distribution center in Waxahachie, Texas. The 638,467-square-foot will service Fanatics' E-commerce and wholesale operations with "a new, rapid-delivery network to better serve fans, partners and retailers in the southern U.S. with a significant assortment of high-quality licensed sports products across professional and college teams," Waxahachie officials said in a press release. Subscribers can learn more in a detailed project report.
In other places, real-estate companies are snatching up properties to build warehousing space for prospective clients. Buzz Oates (Sacramento, California), one of the largest privately held commercial real estate firms in the U.S., is preparing to begin construction on a $25 million speculative warehouse campus in Elk Grove, California, comprising two buildings that would total 417,403 square feet on a 20-acre site. Subscribers can learn more from a detailed project report.
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 U.S. warehousing and distribution-center projects that could begin construction in the second 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).
