New Manufacturing Construction Pipeline Grows: 133 Projects Planned with Renovation & Equipment Focus in April 2025
JACKSONVILLE BEACH, Fla., May 6, 2025 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads released its April 2025 report on planned capital project spending in the Manufacturing construction industry, highlighting a growing new project pipeline. The Firm's tracking of North American activity identified 133 new projects slated for development. This surge includes investments in facility expansions, the construction of new manufacturing plants, and significant equipment modernization projects.
The following are selected highlights on new Manufacturing construction industry news.
INDUSTRIAL MANUFACTURING – BY PROJECT TYPE
Manufacturing/Production Facilities – 115 New Projects
Distribution and Industrial Warehouse – 100 New Projects
INDUSTRIAL MANUFACTURING – BY PROJECT SCOPE/ACTIVITY
New Construction – 31 New Projects
Expansion – 41 New Projects
Renovations/Equipment Upgrades – 65 New Projects
Plant Closings – 11 New Projects
INDUSTRIAL MANUFACTURING – BY PROJECT LOCATION (TOP 10 STATES)
Ohio – 13
Texas – 12
Michigan – 9
Pennsylvania – 9
California – 7
North Carolina – 7
Arizona – 6
Illinois – 6
Indiana – 6
New York – 6
LARGEST PLANNED PROJECT
For April, our research team identified an impressive 13 new construction projects, each boasting an estimated value exceeding $100 million. This signals a strong wave of investment and expansion within the industry.
The largest project is owned by Fuyao Glass America, who is planning to invest $400 million for the expansion and equipment upgrades on their manufacturing facility in DECATUR, IL. They are currently seeking approval for the project.
TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS
OKLAHOMA:
Tire mfr. is planning to invest $320 million for the renovation, expansion, and equipment upgrades on their manufacturing and warehouse facility in LAWTON, OK. They are currently seeking approval for the project.
TEXAS:
Solar module equipment mfr. is planning to invest $265 million for the expansion and equipment upgrades on their manufacturing and warehouse facility in SAN ANTONIO, TX. Completion is slated for early 2026.
MINNESOTA:
Biotechnology company is planning to invest $132 million for the renovation and equipment upgrades on a 122,000 sf processing facility at 7500 Meridian Circle N. in MAPLE GROVE, MN. They are currently seeking approval for the project. Completion is slated for 2027.
ILLINOIS:
Medical device mfr. is planning to invest $115 million for the renovation and equipment upgrades on a manufacturing facility in LIBERTYVILLE, IL. They are currently seeking approval for the project.
OHIO:
Plastic film mfr. is planning to invest $106 million for a 157,000 sf expansion and equipment upgrades on their manufacturing facility in LEXINGTON, OH. The project includes equipment upgrades on their manufacturing facility at 2355 W 4th Street in ONTARIO, OH. They are currently seeking approval for the project.
KENTUCKY:
Automotive mfr. is planning for the renovation and equipment upgrades on their manufacturing facility in LOUISVILLE, KY. They are currently seeking approval for the project.
WEST VIRGINIA:
Automotive mfr. is planning to invest $88 million for the renovation and equipment upgrades on their manufacturing facility in BUFFALO, WV. They have recently received approval for the project. Completion is slated for 2026.
UTAH:
Railroad equipment mfr. is planning to invest $70 million for the expansion of their manufacturing facility in SALT LAKE CITY, UT by 245,000 sf. They are currently seeking approval for the project.
KENTUCKY:
Packaging company is planning to invest $61 million for the construction of a 100,000 sf manufacturing facility in LEBANON, KY. Completion is slated for Fall 2025.
MINNESOTA:
Biomedical testing equipment mfr. is planning to invest $50 million for the expansion of their manufacturing facility in CHASKA, MN by 148,000 sf. They are currently seeking approval for the project.
About Industrial SalesLeads, Inc.
Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.
Each month, our team provides hundreds of industrial reports within a variety of industries, including:
Learn more: https://www.salesleadsinc.com/solutions/industrial-project-reports/
NEWS SOURCE: Industrial SalesLeads Inc
Keywords: Reports and Studies, planned capital project spending, Manufacturing construction industry, Industrial SalesLeads, JACKSONVILLE BEACH, Fla.
This press release was issued on behalf of the news source (Industrial SalesLeads Inc) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P125989 APNF0325A
To view the original version, visit: https://www.send2press.com/wire/new-manufacturing-construction-pipeline-grows-133-projects-planned-with-renovation-equipment-focus-in-april-2025/
© 2025 Send2Press® Newswire, a press release distribution service, Calif., USA.
RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT.
Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Veteran fund manager reboots Palantir stock price target
Veteran fund manager reboots Palantir stock price target originally appeared on TheStreet. There's been a lot of debate surrounding artificial intelligence stocks this year. A boom in AI spending, particularly by hyperscalers ramping infrastructure to meet surging research and development of chatbots and agentic AI, led to eye-popping returns for companies like Palantir Technologies, which markets data analytics platforms. However, concern that spending could decelerate has picked up in 2025 because of worry over a tariffs-driven recession, causing many AI stocks like chip-maker Nvidia to the eventual impact of tariffs on recession remains a question mark, there's been little to suggest demand for Palantir's services is slipping. Solid first-quarter earnings results and optimism that trade deals could make tariffs manageable have helped Palantir shares rally 63% this year after a 340% surge in 2024. Palantir's resiliency isn't lost on long-time money manager Chris Versace. Versace, who first picked up shares last year, recently updated his price target as Palantir's stock challenges all-time highs. Investors' interest in Palantir stock swelled after OpenAI's ChatGPT became the fastest app to reach one million users when it was launched in December 2022. ChatGPT's success has spawned the development of rival large language models, including Google's Gemini, and a wave of interest in agentic AI programs that can augment, and in some cases, replace traditional activity is widespread across most industries. Banks are using AI to hedge risks, evaluate loans, and price products. Drugmakers are researching AI's ability to predict drug targets and improve clinical trial outcomes. Manufacturers are using it to boost production and quality. Retailers are using it to forecast demand, manage inventories, and curb theft. The U.S. military is even seeing if AI can be effective on the battlefield. The seemingly boundless use cases — and the ability to profit from them — have many companies and governments turning to Palantir's deep expertise in managing and protecting data to train and run new AI apps. Palantir got its start helping the U.S. government build counterterrorism systems. Its Gotham platform still assists governments in those efforts today. It also markets its Foundry platform to manage, interpret, and report data to large companies across enterprise and cloud networks. And its AI platform (AIP) is sold as a tool for developing AI chatbots and apps. Demand for that platform has been big. In the fourth quarter, Palantir closed a "record-setting number of deals," according to CEO Alex Karp. The momentum continued into the first quarter. Revenue rose 39% year-over year to $884 million. Meanwhile, Palantir's profit has continued to improve as sales have grown. In Q1, its net income was $214 million, translating into adjusted earnings per share of 13 cents. "Our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate,' said Karp in Palantir's first-quarter earnings release. 'We are delivering the operating system for the modern enterprise in the era of AI." AI's rapid rise has opened Palantir's products to an increasingly new range of industries, allowing it to diversify its customer base. For example, Bolt Financial, an online checkout platform, recently partnered with Palantir to use AI tools to analyze customer behavior better. More Palantir: Palantir gets great news from the Pentagon Wall Street veteran doubles down on Palantir Palantir bull sends message after CEO joins Trump for Saudi visit The potential to ink more deals like this has caught portfolio manager Chris Versace's attention. "The result [of the Bolt deal] will be technology that can offer shoppers a customized checkout experience, embedded within retailers' sites and apps, and it is one that will extend to agentic checkout as well," wrote Versace on TheStreet Pro. "We see this as the latest expansion by Palantir into the commercial space, and we are likely to see more of this as AI flows through payment processing and digital shopping applications." Alongside Palantir's deeply embedded government contracts, growing relationships with enterprises should provide Palantir with cross-selling opportunities, further driving sales and profit growth, allowing for increased financial guidance. Palantir is guiding for full-year sales growth of 36%, and U.S. commercial revenue growth of 68%. The chances for Palantir growth to continue accelerating has Versace increasingly optimistic about its shares. As a result, he's increased his price target to $140 per share from $ fund manager reboots Palantir stock price target first appeared on TheStreet on Jun 8, 2025 This story was originally reported by TheStreet on Jun 8, 2025, where it first appeared. Sign in to access your portfolio
Yahoo
21 minutes ago
- Yahoo
Who won the Bryce Huff trade between the San Francisco 49ers and the Philadelphia Eagles
Who won the Bryce Huff trade between the San Francisco 49ers and the Philadelphia Eagles originally appeared on Athlon Sports. The San Francisco 49ers agreed on a trade with the Philadelphia Eagles to bring edge rusher Bryce Huff to the Bay Area in exchange for what was initially reported as a "mid-round" draft pick. Advertisement We now officially know the exchange included a conditional fifth-round pick that could turn into a fourth based on Huff's performance with the 49ers. Judging by both teams' situations, you could argue that they both came away winners here. San Francisco was facing a mass exodus of quality defensive players this offseason and needed help on the edge opposite of Nick Bosa. For Philadelphia, they were clearly not in favor of keeping Huff after a letdown season resulted in him being a healthy scratch in the Eagles' Super Bowl win. What do the grades say? Pretty similar. ESPN believes both teams benefitted equally and earned a B+ in the deal. Advertisement On the San Fran side, Seth Walder writes: "This is a pretty reasonable play for San Francisco. As poorly as Huff played last season, there's still plenty to like in his history, and his pass rush win rate remained solid despite his struggles. "Though that shows Huff slowing down, it's still a better-than-average get-off for an edge rusher." The best part of the deal for the 49ers is the cost financially. Huff had restructured his contract with Philly to make this work, allowing San Francisco to just under $8 million for the year. Philadelphia is stuck paying more, but the restructure is much more beneficial than being responsible for his three-year, $51.1 million contract without the player. The Eagles benefit as they get to unload a player who did not meet on-field expectations last season and be rewarded with a high Day 3 draft pick. Advertisement "From 2020 to 2022, Huff recorded a 26% pass rush win rate at edge -- a top-10 number at the position had he qualified ..." Walder continued about Huff's 10-sack season that earned him that contract ahead of last year. "His win rate fell to a career-low 19% (which is still higher than average), but the sacks weren't there (2.5) and his playing time dipped before he missed time in the second half of the season to have wrist surgery." The Eagles still have a loaded roster and this departure shouldn't do too much to their pass rush depth with them bringing back a collection of formidable pieces in Nolan Smith Jr., Azeez Ojulari and Joshua Uche. Plus, Philadelphia gets to save a bit of cap space by shipping off some of Huff's contract. Everything seems even right now, but that's the funny thing about grading trades with over three months until the season starts. Things can happen one way or another to cause drastic reconsideration for the true winner here. Advertisement The Niners are banking on reuniting Huff with defensive coordinator Robert Saleh (his head coach during his career-year with the New York Jets in 2023) will pay major dividends. Related: 49ers No. 1 Offseason Storyline Could Be Bad News Related: 49ers' Warner Makes Feelings On Coach Perfectly Clear With 'Dominant' Comment This story was originally reported by Athlon Sports on Jun 3, 2025, where it first appeared.
Yahoo
28 minutes ago
- Yahoo
Where Will ChargePoint Stock Be in 1 Year?
ChargePoint's revenues are still declining in this challenging market. Its margins are improving, and a cyclical turnaround could be around the corner. Its stock looks undervalued relative to its growth potential. 10 stocks we like better than ChargePoint › ChargePoint (NYSE: CHPT), the leading builder of electric vehicle (EV) charging stations in North America and Europe, posted its latest earnings report on June 4. For the first quarter of fiscal 2026, which ended on April 30, the company's revenue fell 9% year over year to $97.6 million, missing analysts' expectations by $2.9 million. It narrowed its net loss from $71.8 million to $57.1 million, or $0.12 per share, which cleared the consensus forecast by a penny. ChargePoint's stock rallied after that mixed earnings report, but it's still down about 60% over the past 12 months. Will it stabilize and recover over the following year? ChargePoint ended its first quarter with more than 352,000 charging ports, including over 35,000 DC fast chargers, under its direct management. Its roaming partnerships also grant its customers access to more than 1.25 million charging ports across the world. ChargePoint mainly sells connected charging stations to residential and commercial properties that want to host their own chargers and set their own prices. It provides those hosts with network access, billing, and customer support services. That sets it apart from Tesla's Superchargers, which mainly serve as extensions of the automaker and offer fewer connected and customizable features. ChargePoint grew rapidly in fiscal 2022 and fiscal 2023 (which ended in January 2023), as EV sales surged in the post-pandemic market. But in fiscal 2024 and fiscal 2025, its growth stalled out as rising interest rates chilled the EV market and drove its residential and commercial customers to postpone their installations of new charging stalls. But in fiscal 2025, its adjusted gross, operating, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins all improved as it narrowed its net loss. Its margins continued to expand in the first quarter of fiscal 2026, even as its revenue declined. Metric FY 2022 FY 2023 FY 2024 FY 2025 Q1 2026 Revenue $242 million $468 million $507 million $417 million $98 million Growth (YOY) 65% 93% 8% (18%) (9%) Adjusted gross margin 24% 20% 8% 26% 31% Operating margin (110%) (73%) (89%) (61%) (55%) Net income (loss) ($299 million) ($345 million) ($458 million) ($283 million) ($57 million) Adjusted EBITDA N/A ($217 million) ($273 million) ($117 million) ($23 million) Data source: ChargePoint. YOY = Year-over-year. FY = fiscal year. EBITDA = earnings before interest, taxes, depreciation, and amortization. ChargePoint attributes those margin improvements to the growth of its higher-margin subscription and software services -- which offset the lower margins of its chargers -- a big reduction in its inventories, and sweeping cost-cutting initiatives. ChargePoint expects to generate $90 million to $100 million in revenue in the second quarter, which would represent a decline of 8% to 17% from a year ago. During the earnings call, CFO Mansi Khetani said the company was "guiding with caution due to the continued changes in the macro environment, including tariff uncertainty" and its focus on integrating its charging stalls with Eaton's electrical grid solutions through a new one-stop shop partnership. ChargePoint didn't provide a full-year revenue outlook. However, it reiterated its goal of achieving a positive adjusted EBITDA in a single quarter of fiscal 2026. Analysts expect its revenue to come in nearly flat for the full year, which implies its revenue growth will improve in the second half of the year as the macroenvironment warms up and the EV market stabilizes. They expect its annual adjusted EBITDA to improve to negative $63 million. ChargePoint's growth may seem anemic right now, but it still has enough liquidity to ride out the near-term headwinds. It ended the first quarter with $196 million in cash and cash equivalents, it hasn't drawn a single dollar from its $150 million revolving credit facility, and it won't face any debt maturities until 2028. For fiscal 2027, analysts expect ChargePoint's revenue to rise 29% to $537 million with a negative adjusted EBITDA of $16 million. For fiscal 2028, they expect its revenue to grow 33% to $713 million with a positive adjusted EBITDA of $67 million. We should take those optimistic estimates with a grain of salt, but its cyclical downturn could represent a good buying opportunity for investors who can tune out the near-term noise. With an enterprise value of $465 million, it looks extremely undervalued at just over 1 times this year's sales. If ChargePoint meets analysts' expectations and trades at just 2 times its forward sales by the beginning of fiscal 2027, its stock price could easily rally more than 130% over the next 12 months. Before you buy stock in ChargePoint, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and ChargePoint wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Where Will ChargePoint Stock Be in 1 Year? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
