The construction market in North America is forecasted by GlobalData to grow by 1.9% in real terms in 2024, having decreased by 5.7% in 2023. A key growth market will be the infrastructure market, with output rising by 11.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are North America’s five largest manufacturing plant construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Neveda Electric Semi-Trucks Manufacturing Plant
The project involves the construction of an electric semi-truck manufacturing facilities in Nevada, the US.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
The project will create 3000 jobs.
2. Manteno EV Lithium Battery Manufacturing Plant
The project involves the construction of 40,000 MWh lithium-ion battery cells and 10,000 MWh battery pack manufacturing facilities on 60.7ha of land in Hazel Park, Manteno, Illinois, the US.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2025.
It will be constructed at the former Kmart warehouse in Manteno. Buy the profile here.
3. Dunkirk Ice Cream Manufacturing Facility Expansion
The project involves the expansion of a 32,517m2 ice cream manufacturing plant in Dunkirk, New York, the US.
Construction work started in Q3 2024 and is forecast to complete in Q3 2025.
4. Edwards Vacuum Dry Pump Manufacturing Facility
The project includes the construction of a dry pump manufacturing facilities in Alabama, New York, the US.
Construction work commenced in Q3 2024 and is expected to be completed in Q3 2026.
It will provide 600 operational jobs.
5. Rincon Manufacturing Facility
The project involves the construction of a manufacturing facilities in Georgia, the US.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
The project aims to produce electric vehicle (EV) body parts for original equipment manufacturers (OEMs), including for Hyundai Motor Group Metaplant America. It will create 740 new jobs.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
