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Released August 02, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Despite an economically rocky few years, consumers across the U.S. continue to spend significantly on everything from big-box retail to at-home medical supplies to automotive parts. Companies that make many of these products increasingly require equipment needed to produce these goods. Hence, Industrial Info is tracking more than $1 billion worth of warehousing and distribution projects that are set to kick off during the current quarter and cater to these booming industries and their customers, as well as government-led projects to address infrastructure and national security.
Click on the image at right for a graph detailing the top 10 parent companies for warehousing and distribution projects that are set to begin construction across the U.S. before the end of September.
The highest-valued warehousing project for the current quarter will cater to the U.S. Air Force: RTX Corporation's (NYSE:RTX) (Arlington, Virginia) $255 million Depot Operations Hub in Oklahoma City, Oklahoma, which held a groundbreaking ceremony in early June. The facility will support military engines manufactured by RTX subsidiary Pratt & Whitney and carried at Tinker Air Force Base and other depot locations, including those for the F-35, C-17, F-22, F-15, F-16, B-52 and E-3 AWACS, according to the company.
Pratt & Whitney said in a press release the project will help to consolidate six existing sites into two locations: the new Oklahoma City facility and Tinker Air Force Base's Air Logistics Complex. The subsidiary also said it was seeing particularly strong demand for the F135 engine for the F-35 fighter. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can learn more from a detailed project report.
Two major retailers are staking out ground in California for major storage facilities: AutoZone Incorporated (NYSE:AZO) (Memphis, Tennessee), which is preparing to begin construction on a $150 million distribution center in Chowchilla, about 40 miles northeast of Fresno, and Target Corporation (NYSE:TGT) (Minneapolis, Minnesota), which recently started construction on a $100 million distribution center in Sacramento, near a major airport.
Target's project is part of the company's plan to add 15 sortation centers by the end of 2026, in hopes of broadening its next-day delivery capabilities to newer markets. Subscribers can read detailed reports on the AutoZone and Target projects.
The two largest package-delivery companies in the U.S. are at work on major distribution centers this quarter: FedEx Corporation (NYSE:FDX) (Memphis, Tennessee), which is building a $45 million ground distribution center in Leesburg, Virginia, about 40 miles west of Washington, D.C.; and United Parcel Service Incorporated (NYSE:UPS) (UPS) (Atlanta, Georgia), which is preparing for a $20 million distribution center in Minden, Nevada, about 20 miles south of Carson City. Subscribers can read detailed reports on the FedEx and UPS projects.
Rising demand for consumer-oriented healthcare products is spurring the development of two projects in the Mid-Atlantic region: Cardinal Health Incorporated's (NYSE:CAH) $75 million At-Home Solutions center in Piedmont, South Carolina, which will produce medical supplies for patients with chronic and serious health conditions, and Owens & Minor Incorporated's (NYSE:OMI) (Richmond, Virginia) $50 million Preparedness Distribution Center in Morgantown, West Virginia.
Owens & Minor says its facility, which will be one of the largest of its kind in West Virginia, will include clinical-supply capabilities for surgical kitting, custom procedure tray assembly and sterilization. Subscribers can read detailed reports on the Cardinal Health and Owens & Minor projects.
Subscribers to Industrial Info's GMI Project Database 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 list of detailed reports for warehousing and distribution projects that are set to kick off during the current quarter across the U.S.
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).
The highest-valued warehousing project for the current quarter will cater to the U.S. Air Force: RTX Corporation's (NYSE:RTX) (Arlington, Virginia) $255 million Depot Operations Hub in Oklahoma City, Oklahoma, which held a groundbreaking ceremony in early June. The facility will support military engines manufactured by RTX subsidiary Pratt & Whitney and carried at Tinker Air Force Base and other depot locations, including those for the F-35, C-17, F-22, F-15, F-16, B-52 and E-3 AWACS, according to the company.
Pratt & Whitney said in a press release the project will help to consolidate six existing sites into two locations: the new Oklahoma City facility and Tinker Air Force Base's Air Logistics Complex. The subsidiary also said it was seeing particularly strong demand for the F135 engine for the F-35 fighter. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can learn more from a detailed project report.
Two major retailers are staking out ground in California for major storage facilities: AutoZone Incorporated (NYSE:AZO) (Memphis, Tennessee), which is preparing to begin construction on a $150 million distribution center in Chowchilla, about 40 miles northeast of Fresno, and Target Corporation (NYSE:TGT) (Minneapolis, Minnesota), which recently started construction on a $100 million distribution center in Sacramento, near a major airport.
Target's project is part of the company's plan to add 15 sortation centers by the end of 2026, in hopes of broadening its next-day delivery capabilities to newer markets. Subscribers can read detailed reports on the AutoZone and Target projects.
The two largest package-delivery companies in the U.S. are at work on major distribution centers this quarter: FedEx Corporation (NYSE:FDX) (Memphis, Tennessee), which is building a $45 million ground distribution center in Leesburg, Virginia, about 40 miles west of Washington, D.C.; and United Parcel Service Incorporated (NYSE:UPS) (UPS) (Atlanta, Georgia), which is preparing for a $20 million distribution center in Minden, Nevada, about 20 miles south of Carson City. Subscribers can read detailed reports on the FedEx and UPS projects.
Rising demand for consumer-oriented healthcare products is spurring the development of two projects in the Mid-Atlantic region: Cardinal Health Incorporated's (NYSE:CAH) $75 million At-Home Solutions center in Piedmont, South Carolina, which will produce medical supplies for patients with chronic and serious health conditions, and Owens & Minor Incorporated's (NYSE:OMI) (Richmond, Virginia) $50 million Preparedness Distribution Center in Morgantown, West Virginia.
Owens & Minor says its facility, which will be one of the largest of its kind in West Virginia, will include clinical-supply capabilities for surgical kitting, custom procedure tray assembly and sterilization. Subscribers can read detailed reports on the Cardinal Health and Owens & Minor projects.
Subscribers to Industrial Info's GMI Project Database 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 list of detailed reports for warehousing and distribution projects that are set to kick off during the current quarter across the U.S.
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).