Quebec's $597 Million in Third-Quarter 2015 Project Kickoffs Boosted by Pharma, Windfarm Plans

Researched by Industrial Info Resources (Sugar Land, Texas)--A vaccine-manufacturing facility and a major windfarm project account for almost half of Quebec's $597.17 million in projects that are set to begin construction in the third quarter of 2015. Almost 85% of the total is attributed to three industries: Pharmaceutical & Biotech, Power, Industrial Manufacturing and Alternative Fuel.

Click on the image at right for a graph detailing planned third-quarter 2015 project kickoffs in Quebec by industry.

The Pharmaceutical & Biotech Industry is far ahead of all other industries, with $309 million in Quebec projects set to begin construction in the third quarter, although this is largely due to a single project: Medicago Incorporated's (Quebec City, Quebec) $245 million construction of a vaccines plant in Quebec City's Estimauville Innovation Park. The company plans to build a 474,000-square-foot campus for the research, development and production of plant-based seasonal flu vaccines , with an annual capacity of 40 million to 50 million doses. The project is set to be completed in first-quarter 2019.

The Power Industry holds second place with $80 million in projects slated to begin construction from July through September in Quebec. More than half of that total is attributed to Algonquin Power & Utilities Corporation's (Oakville, Ontario) $48 million of a windfarm near Alma. The 24-megawatt (MW) facility is expected to utilize eight 260-foot-high, enclosed tubular steel towers, each fitted with a 3-MW E-101 wind turbine generator set from Enercon Canada Incorporated (Montreal), which is serving as technology provider. The project is expected to be completed in fourth-quarter 2016.

The Industrial Manufacturing Industry is not far behind, with $71 million in projects set to kick off, the bulk of which is attributed to the Montreal Port Authority's $67.1 million, first-phase construction of a container terminal. The project, which is part of a long-term, $104 million expansion of the port, involves building a 350,000 twenty-foot-equivalent container that will be operated by Termont Montreal Incorporated. The project is scheduled to be completed in third-quarter 2016.

The Alternative Fuel Industry's $45.57 million showing is entirely due to Atlantic Fiber Resources Limited's (Happy Valley Goose Bay, Newfoundland and Labrador) planned construction of a fuel pellet mill in Pabos. The company plans to construct production buildings and install pre-treatment and pelletizing equipment to process wood residue into 250,000 tons per year of fuel pellets. FW Technologies (Nackawic, New Brunswick) is serving as a consultant. Atlantic Fiber is a subsidiary of Canadian Northern Timber (Hanwell, New Brunswick).

Of the roughly $597 million in total investment value for projects expected to kick off in Quebec in the third quarter, nearly three quarters--$432 million--are attached to projects currently in the planning stages, where plenty of factors still could increase, decrease or eliminate the expected spending. About $116 million worth are in the engineering stages, while $49 million worth already are in the early construction stages.

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