Site Selection’s analysis of the Top Industries for corporate facility investment in 2015 reveals the Top 10 projects by capital investment in each of the five leading sectors, portrayed in the map.
|Machinery (excl. Electrical)||232||213||445|
The five leading sectors are the same five as the past two years, and in the same order, led by transportation equipment. The total number of vehicle projects was down by 50, but that number includes some whoppers, such as the Faraday Future plant in Nevada, and several in both Mexico and China. Chemicals/pharmaceuticals tallied 69 more projects in 2015 than the year before, while food processing climbed by 44 projects. Machinery and fabricated metal projects each dipped slightly.
Cumulatively, the number of projects tallied overall in these five leading sectors totaled 2,760 — two more than the 2,758 tallied in 2014.
The proprietary Conway Projects Database tracks private-sector facility investments around the world, based on at least $1 million invested, at least 25,000 new sq. ft. or at least 20 new jobs created.
Trends among these big projects include:
Adam Bruns has served as managing editor of Site Selection magazine since February 2002. In the course of reporting hundreds of stories for Site Selection, Adam has visited companies and communities around the globe. A St. Louis native who grew up in the Kansas City suburbs, Adam is a 1986 alumnus of Knox College, and resided in Chicago; Midcoast Maine; Savannah, Georgia; and Lexington, Kentucky, before settling in the Greater Atlanta community of Peachtree Corners, where he lives with his wife and daughter.