It goes without saying 2020 has been a pretty unpredictable year, especially for the Houston industrial sector. Between project changes related to the COVID-19 pandemic, the uncertainty that comes with an election year — and countless other considerations which have left companies feeling slightly off-balance — many people are curious as to where Houston industrial sits.
The good news is, Houston is a resilient city that is always ready to adapt to change as it comes. The market has experienced impacts associated with 2020’s turmoil, but it continues moving forward at a steady pace. Read on to learn more about the industrial construction work keeping crews busy as we continue through the year’s fourth quarter.
Although companies everywhere remain cautious when making decisions regarding builds and expansions, many are digging in on major industrial projects throughout the area. A few of the more notable endeavors include:
- Work is underway in Texas City for will be the world’s largest ammonia synthesis loop. Headed up by Gulf Coast Ammonia, LLC, Air Products and Eastman Chemical Company, the location will produce approximately 1.3 million tons of ammonia annually upon completion in 2023. Learn More
- Goya Foods recently announced plans for an $80 million expansion which will allow the company to double production from its Brookshire manufacturing and distribution facility. This isn’t the first such growth for the Houston-area site. Three years after Goya’s 2014 opening the company nearly doubled the Brookshire facility, adding 324,000 square feet of warehouse, office and auxiliary space. Learn More
- The city of Tomball is in the midst of industrial expansions making it a destination for companies ready to roll up their sleeves and get to business. Among those additions is JDR Cable Systems’ move into a 65,000-square-foot facility, slated for February 2021. At the same time, recent efforts to make additional industrial space not only available, but inviting, too, are paving the way for further growth. Learn More
With other great companies still investing and expanding in the area — and with Houston’s unemployment rate decreasing from 14.3% at the height of the pandemic in April, down to 9.6% in September — the outlook going forward is optimistic. As the FUSED Industrial team can attest, there’s plenty of work to go around.
If you have an industrial, civil or commercial project you need construction support on, or if you have additional questions about what’s to come in 2021, feel free to contact us! Our team of experts is always happy to help.