Major factory construction projects to watch in 2026

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Manufacturing development spending within the U.S. has gone down after peaking in 2024, in line with the U.S. Census Bureau.

The newest report from E2 reveals that in 2025, firms canceled over $32 billion price of fresh vitality manufacturing tasks resulting from diminished authorities incentives and funding cuts, in addition to tariff insurance policies.

However, on the similar time, some business giants have considerably elevated funding within the U.S. Final 12 months, Taiwan Semiconductor Manufacturing Co. announced a $100 billion funding with three new fabs, two superior packaging services and an R&D heart. Midyear, Micron revealed plans for a $200 billion funding in Idaho, New York, and Virginia with semiconductor manufacturing vegetation and an R&D heart.

These investments partly stem from the brand new federal insurance policies that intention to incentivize home manufacturing by making imports and hiring international staff dearer. Different components embrace funding from the CHIPS Act in addition to state or native tax credit for job creation.

The bulletins are a mixture of constructing new services and increasing present vegetation. Listed below are a few of the largest tasks set to interrupt floor or start operations in 2026.

Micron

Product: Reminiscence chips

General funding: $200 billion

Places: Idaho, New York and Virginia

Timeline: Building of the New York fab started in January

Micron’s reminiscence manufacturing facility in New York broke floor earlier this month, and manufacturing at its Idaho website is predicted to start subsequent 12 months.

The corporate is investing $200 billion throughout a number of services, with plans to spend $150 billion on fabs and $50 billion on R&D. The mission consists of two fabs in Idaho, 4 fabs in New York and the growth of its present manufacturing fab in Virginia.

The mission, which goals to supply 40% of the corporate’s dynamic random entry reminiscence within the U.S., is estimated to create 90,000 direct and oblique jobs.

The announcement was made in partnership with the U.S. Division of Commerce with $6.4 billion in funding via the CHIPS and Science Act.

Samsung Electronics

Product: Semiconductors

Funding: $17 billion

Location: Texas

Timeline: Anticipated to be operational in 2026

Samsung’s “preliminary minimal funding” for a semiconductor manufacturing plant in Taylor, Texas, is claimed to be the biggest international funding within the state.

Building was halted final 12 months resulting from diminished demand and resumed in mid-2025. The manufacturing facility is predicted to be operational in 2026, and the corporate estimates the mission will create 1,800 jobs inside a decade.

Earlier, Samsung had deliberate $44 billion price of funding in Texas, for which it was granted $6.4 billion in funding beneath the CHIPS Act. As the corporate diminished the funding to $37 billion, funding was cut to $4.7 billion.

The mission is part of a broader multibillion-dollar growth within the area, the place the corporate mentioned it has invested over $47 billion for the reason that Seventies.

Stellantis

Product: Autos

Funding: $13 billion

Places: Illinois, Indiana, Michigan and Ohio

Timeline: Indiana facility begins manufacturing in 2026, others by the top of the last decade

Stellantis is investing $13 billion throughout the U.S. to broaden manufacturing by 50% over the following 4 years.

In Indiana, the corporate will produce a brand new four-cylinder engine starting in 2026. In Illinois, there are plans to reopen a facility and start manufacturing of two new Jeep automobiles in 2027.

In Michigan, the mission will retool the Warren Truck Meeting Plant for a brand new range-extended electrical car and enormous SUV anticipated to be prepared by 2028. The Detroit Meeting Complicated will see manufacturing of the next-gen Dodge Durango by 2029.

That is the corporate’s largest funding within the U.S. and is predicted to create over 5,000 jobs.

Lilly

Product: Medicine

Funding: $27 billion

Places: Alabama, Texas and Virginia

Timeline: Alabama facility breaks floor in 2026

Lilly is ready to start development on its $6 billion energetic pharmaceutical ingredient manufacturing facility in Huntsville, Alabama, this 12 months. The plant is a part of the corporate’s $27 billion funding to construct 4 new pharmaceutical manufacturing services throughout the U.S.

One of many confirmed websites features a $6.5 billion plant in Houston. This facility is predicted to be operational inside roughly 5 years after development begins. The second website is a $5 billion most cancers drug facility in Richmond, Virginia, additionally anticipated to be accomplished in 5 years.

Collectively, the tasks fall beneath the corporate’s broader plan to take a position $50 billion in increasing manufacturing within the nation, which it describes as the biggest pharmaceutical funding in U.S. historical past.

Texas Instruments

Product: Semiconductors

Funding: $11 billion

Location: Utah

Timeline: Building beforehand projected to start in 2026

Texas Devices is investing $11 billion to broaden its semiconductor manufacturing with a brand new 300-millimeter fab in Lehi, Utah.

The brand new facility might be situated subsequent to the corporate’s present fab, which it acquired from Micron in 2021.

Manufacturing is focused to start in 2026. It’s anticipated to create about 800 direct jobs and hundreds of oblique jobs within the coming years.

Rivian

Product: Electrical automobiles

Funding: $5 billion

Location: Georgia

Timeline: Building begins in 2026

Regardless of the Trump administration rolling back certain incentives, EV maker Rivian has began engaged on a long-delayed $5 billion facility in Stanton Springs, Georgia.

Building is predicted to ramp up in 2026, and the 9-million-square-foot website is scheduled to supply 400,000 automobiles yearly by 2028.

The corporate is slated to obtain $1.5 billion of incentives via the state if it creates 7,500 jobs paying not less than $56,000 a 12 months on common.