Welcome to the
U.S. Manufacturing Investment Tracker Tracking announced capital investment, facility expansions, and megaprojects

Tracking national manufacturing investment trends

U.S. manufacturing is undergoing an historic capital investment cycle driven by federal incentives, reshoring, and long-term supply chain realignment. Investment is concentrated in high-growth sectors, including semiconductors, pharmaceutical manufacturing, rare earth processing, magnet production, battery manufacturing, aerospace, and food processing, with direct implications for industrial real estate, labor markets, logistics networks, and power infrastructure. While many primary markets continue to attract capital and serve as manufacturing hotbeds, recent investment announcements are having a positive impact on states and markets across the country, with many large-scale projects breaking ground in secondary and tertiary markets.

Complementing these manufacturing investments, suppliers, logistics providers, and support industries are also expanding their footprints to serve these new manufacturing “centers of gravity.” The U.S. Manufacturing Investment Tracker provides monthly insight into where manufacturing capital is being deployed and how these trends are shaping industrial real estate and site selection decisions across the United States.

Methodology: Data reflects publicly announced manufacturing and manufacturing-supportive investments over $100M since January 21, 2025, the retroactive headstart groundbreaking date for Qualified Production Property (QPP)-eligible projects. Industries are classified by 3-digit NAICS subsectors. Projects remain in the dataset even if subsequently withdrawn or rescinded.

© 2026 Avison Young. All rights reserved. E. &O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Sources: Avison Young Market Intelligence

Terms to know

OEM (Original Equipment Manufacturer)
A company that designs and manufactures finished products or major components that are sold under its own brand or integrated into another company’s final product. In manufacturing and industrial real estate, OEMs often anchor supply chains and drive demand for large-scale production facilities, distribution centers, and logistics infrastructure.

Tier 1/Tier 2/Tier 3 Supplier
Describes a company’s position within the manufacturing supply chain relative to the OEM.

Tier 1 suppliers provide finished systems or critical components directly to an OEM.
Tier 2 suppliers manufacture subcomponents or materials used by Tier 1 suppliers.
Tier 3 suppliers supply raw materials or basic parts that feed upstream production.

Understanding supplier tiers is essential for evaluating manufacturing ecosystems, site selection, and industrial location strategy.

EDO (Economic Development Organization)
A public, private, or nonprofit entity focused on promoting regional economic growth. EDOs support business attraction, expansion, and workforce development by offering incentives, infrastructure planning, and site selection assistance for manufacturers, logistics companies, and industrial users.

Megaproject
A large-scale economic development or infrastructure project, typically involving $1 billion or more in capital investment and the creation of thousands of jobs. In the industrial and manufacturing sectors, megaprojects often include semiconductor fabs, EV battery plants, advanced manufacturing campuses, or large logistics hubs that significantly impact regional real estate markets and supply chains.

Foreign Direct Investment (FDI)
FDI is a type of cross-border investment that occurs when a resident of one country obtains a lasting interest in and degree of influence over the management of a business in another country (commonly 10% or more of voting securities or equivalent interest). FDI can include establishing new operations (greenfield investments), purchasing established operations (mergers and acquisitions), or providing capital for existing operations.

This dashboard highlights the scale of U.S. manufacturing investment, but the policy forces shaping these trends are just as important. For additional perspective, explore our analysis of the new tax provisions under the One Big Beautiful Bill Act (OBBBA) and our guide to maximizing OBBBA benefits, which examine how federal incentives are influencing capital flows, development economics, and industrial strategy. As policy and capital evolve, connecting data insights with real-world strategy will be critical.