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New U.S. Manufacturing Plants Announced in May 2021

Posted by IndustrySelect on Wednesday, May 26, 2021

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Above: An assembly line at Siemens, which has completed a massive expansion of its facility in Spartanburg, South Carolina. (Photo Credit: Upstate Business Journal)

Demand for U.S. manufactured goods continues to rise, with manufacturing activity in its eleventh straight month of expansion and more industrial buyers looking for supplies closer to home.

In May, several major new manufacturing openings and expansions were announced, with new investments spread out across multiple industries, from biotech and advanced electronics to food processing and automotive supply.

New Manufacturing Plants Announced in May 2021

First up, exercise equipment giant Peloton announced plans to build its first U.S. manufacturing facility in Troy Township, Ohio. The new facility will be established to meet the huge demand for exercise equipment and will produce the Peloton Bike, Bike+ and Peloton Tread starting in 2023. The new facility is expected to encompass more than 200 acres and will eventually employ more than 2,000 workers.

Said Ohio Governor Mike Dewine about the new plant, "The pandemic has demonstrated the need to on-shore manufacturing and rebuild supply chains, and Peloton's decision to build its first North American manufacturing facility in Ohio is a great example of an American company stepping up and leading that effort," said Ohio Governor Mike DeWine. "Ohio is excited to partner with Peloton's forward-looking leadership team in developing a new, state-of-the-art facility using connective technology, and creating 2,174 new manufacturing jobs in Wood County."

Meanwhile, in South Carolina, Siemens announced this month that it has completed its major $36 million expansion at its Spartanburg facility, helping to meet heightened demand for critical infrastructure. The expansion, which has been underway for three years, adds more than 180 jobs and 52,000 square feet to the existing facility. The new space includes a new plating line, new equipment and additional floorspace for production.

Expanded Frontiers in Biotech

Not surprisingly, biotechnology pioneer Moderna announced a massive expansion of its suburban Boston manufacturing center. The company plans to more than double its production and lab space to include an industrial technology center, expanding to 650,000 square feet.

“Our manufacturing facility has been core to our long-term strategy and has enabled us to provide the scale and flexibility to support the development of our mRNA medicines and vaccines including our COVID-19 vaccine,” said Stéphane Bancel, Chief Executive Officer of Moderna.

The new expansion will allow Moderna to increase production of COVID-19 vaccines by 50%, according to the company’s press release.

Meanwhile, in Arizona, injectable pharmaceutical company NuvOx announced it has completed construction of its expanded manufacturing plant in Tucson. The newly expanded facility, encompassing 1,800 square feet will produce injectable pharmaceutical products, including Phase IIb programs for NanO2 in ischemic stroke and brain cancer.

In Georgia, IC Biomedical announced plans to establish an advanced manufacturing facility for the production of cryogenic freezers in response to heightened demand for medical-grade freezers. The new plant will employ 80 and encompass 75,000 square feet.

Foreign Investment in the Automotive Sector

In Georgia, Korea-based automotive manufacturer Duckyang opened its first U.S. manufacturing facility in Braselton, Georgia. The new facility will supply electric mobility parts like battery modules, cockpit modules and energy storage systems to the electric vehicle market.

“By entering the U.S. electric vehicle battery market with SKBA, we will have the opportunity to cooperate with many other automotive companies, including Hyundai and Kia Motors, that already have a manufacturing base in the U.S.,” said Dong-in Son, CEO of Duckyang Ind. Co. Ltd.

The new facility will encompass 230,000 square feet.

This is one of many foreign investment in the state of Georgia, with the state attracting $1.3 billion in foreign investments in 2020.

Additional New Facilities

Meanwhile, power tool manufacturer Milwaukee Tool announced plans to expand their footprint in the U.S. with a new facility in Grenada, Mississippi. The new plant will open in 2022 and is expected to create 1,200 jobs. Milwaukee tool will invest $60 million in the new 500,000 square-foot facility, including investments in advanced technology and equipment, according to a press release.

Heading over to Florida, Brunswick, a manufacturer of boats and accessories, announced plans to reopen its Boston Whaler plant in Flagler County. The reopened facility will help the company meet heightened demand for the popular Boston Whaler fiberglass boats by expanding capacity by 40% and add 400 jobs over the next 18-24 months.

And in Arkansas, Custom Craft Poultry unveiled plans to open a new poultry processing facility in Little Rock. The new plant will occupy an idled Tennessee Pride sausage plant and represents an investment of $10 million. The new enterprise is expected to bring 290 jobs to the area.

If you’re looking for industrial sales leads for a particular industry, region, company size, and more, consider an IndustrySelect subscription. IndustrySelect gives you live access to MNI’s database of 460,000 industrial companies and one million executives, providing up to 30 data points to help you identify and pre-qualify the best leads. Click here to learn more or start your free demo

Missed last month? Read New U.S. Manufacturing Plants Announced In April 2021. Or check out our 2020 roundup: 2020 in Review: The Year in New Manufacturing Plants.

 

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