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Tech giants plan to spend billions to construct new plants, data centers

July 27, 2022


Tech companies are influencing a boom in different types of construction, namely massive data center and manufacturing projects.

Manufacturing construction starts, which include semiconductor plants, electric vehicle factories and food-related production facilities, reached a record $41.6 billion over the last 12 months ending May 2022. That’s 161% more than the 12 months ending May 2021, according to Dodge Data & Analytics. The sector is booming in the U.S. as more and more American companies push to onshore their manufacturing capabilities.

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