U.S. Heavy Manufacturers Add Space to Supply Growing Sectors

U.S. Heavy Manufacturers Add Space to Supply Growing Sectors

December 4, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. heavy-manufacturing sector is racing to keep up with the demand for components to some of the fastest-growing markets, such as data centers, renewable-energy systems and healthcare products.

Industrial Info is tracking about $3.8 billion worth of U.S. heavy-manufacturing projects that are set to begin construction in the first quarter of 2025, nearly half of which is attributed to expansion or equipment-addition projects. AAON Incorporated (NASDAQ:AAON) (Tulsa, Oklahoma), which produces heating, ventilation and air-conditioning (HVAC) equipment for commercial and industrial clients, has been picking up business from the booming data-center market.

Other companies featured: Siemens Energy, Hithium Energy Storage Technology USA Incorporated, Sustainable Communities Corporation and Meissner Filtration Products Incorporated.

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