Mid-Atlantic Region Prepares for Nearly $50 Billion in 2018 Project Starts Hero Image

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Mid-Atlantic Region Prepares for Nearly $50 Billion in 2018 Project Starts

The Mid-Atlantic market region, which includes Maryland, North Carolina, South Carolina, Virginia and West Virginia, is preparing for $49.8 billion in industrial project starts in 2018.

Released on Wednesday, December 06, 2017
Researched by Industrial Info Resources (Sugar Land, Texas)--The Mid-Atlantic market region, which includes Maryland, North Carolina, South Carolina, Virginia and West Virginia, is preparing for $49.8 billion in industrial project starts in 2018. The Power Industry, with $20.5 billion leads in terms of the value of project starts, followed by the Industrial Manufacturing Industry with $16.7 billion in projects.

Click to view Planned 2018 Project Starts in Mid-Atlantic Region Click on the image at right for a breakdown by industry of planned 2018 project starts in the U.S. Mid-Atlantic market region.

Several natural gas-fired projects help give the Power Industry its leading edge in the region. Among these is C4GT LLC's (Charles City, Virginia) planned 1,060-megawatt (MW) combined-cycle project in Charles City. The project would be built on an 88-acre site and consist of two combustion turbines, two heat-fired recovery steam generators and a single-shaft steam turbine. NOVI Energy (Novi, Michigan) is acting as project manager. The $975 million project would take about three years to complete. For more information, see Industrial Info's project report.

Also on the books is a smaller project in West Virginia. Energy Solutions Consortium LLC (Herndon, Virginia) plans to construct a 550-MW natural gas-fired, combined-cycle project near Clarksburg. The project has an estimated total investment value (TIV) of $600 million and is expected to take about two years to complete. For more information, see Industrial Info's project report.

Renewables also feature in the region's energy plans. In North Carolina, Harts Mill Solar LLC (Mooresville, North Carolina) is planning a 112-MW photovoltaic solar farm near Tarboro. The project is in the late planning stage and is expected to begin next summer, taking about a year to complete. SunEnergy 1 LLC (Mooresville) is performing design engineering for the project, which has an estimated TIV of $225 million. For more information, see Industrial Info's project report.

Transportation projects dominate next year's Industrial Manufacturing spending in the Mid-Atlantic region. Chief among these is Maryland Transit Administration's (Baltimore, Maryland) planned Purple Line extension of its light rail system in the Washington, D.C., area. The 16.2-mile extension will include 21 stations and will run from Bethesda in Montgomery County to New Carrollton in Prince George's County. The project is expected to commence next summer and be completed in the first quarter of 2022. The rail extension has an estimated TIV of $5.6 billion. For more information, see Industrial Info's project report. Industrial Info has been tracking the project since its early planning stages in 2010.

Maritime transportation heads up South Carolina's top projects with the construction of an ocean terminal near Hardeeville. The $4.5 billion project will feature 10 berths and storage capacity for 7 million 20-foot container units per year. The terminal will be able to handle the largest container ships and will provide needed container space when port facilities in Charleston, South Carolina, and Savannah, Georgia, are congested. The undertaking is expected to take more than six years to complete. For more information, see Industrial Info's project report.

Phase I of a $600 million radial tire manufacturing plant is planned to kick off in Orangeburg, South Carolina, next year. The plant is being developed by Wanli Tire Corporation Limited (Hebei, China) and, when completed in 2019, will have a production capacity of 6 million sedan tires per year. Phase II is planned to begin construction in 2022 and will allow for the production of truck tires. For more information, see Industrial Info's project reports on Phase I and Phase II of the project.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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