Manufacturing Momentum: Advanced Manufacturing Ascendancy in North America

Hundreds of major advanced manufacturing facility announcements have been made across North America during the past three years, and the manufacturing development pipeline has already risen to a record high, with more growth to come. A snapshot of recent investments totaling a minimum of $100 million reveal approximately $400 billion in advanced manufacturing investments pledged, 210,000+ new jobs, and a minimum of 250 million square feet of new industrial projects – all to come between now and 2030.

This first installment of Newmark’s three-part series on advanced manufacturing in North America identifies macro factors catalyzing this growth, which industries are driving the most expansion, and where these projects are landing.