Utah Sees $6 Billion in Projects Under Construction

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking nearly $6 billion worth of projects under construction in Utah, covering a broad array of industries and sizes. Thanks to a large airport redevelopment project, the Industrial Manufacturing Industry leads the state in terms of project value, followed by the Metals & Minerals Industry.

Click on the image at right for a breakdown by industry of projects under construction in Utah.

The Salt Lake City International Airport has been underway with a massive redevelopment project since 2015, which is finally close to wrapping up. The project entails constructing a 1.7 million-square-foot building consisting of three terminals, 72 gates, a 3,600-space parking garage and other facilities. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the full report.

Other manufacturing projects include Williams International's (Walled Lake, Michigan) expansion of its jet engine manufacturing plant in Ogden, Utah. The project includes redeveloping hangars, building a new road entrance and providing supporting equipment to increase the manufacture of small jet engines for the civilian and military aerospace markets. The project kicked off earlier this year and is expected to be completed in the first half of next year. Subscribers can click here for more details.

The remediation of a former uranium mill tailings site near Moab helps propel the Metals & Minerals Industry into the second position by value of projects under construction in Utah. The closed mill and uranium tailings are located near the Colorado River, raising concerns about water pollution. Several years ago, the U.S. Department of Energy began hauling the tailings and other contaminated material by rail to a burial site near Crescent Junction, Utah, for safer disposal. The project is expected to last for several years to come, until approximately 16 million tons of uranium tailings are transported to the new site. About 13 million tons have been relocated to date. The project is expected to last into the 2030s. Subscribers can click here for the full report.

The Pulp & Paper Industry also makes a strong showing in the state. Among Utah's pulp and paper projects is a grassroot mill in Salt Lake City, which will use 100% old corrugated containers and mixed paper to produce 350,000 tons per year of recycled packaging and paper products. In a news release, Matthew Day of investment firm Peterson Partners said the firm believes the mill will become "a critical piece of the recycling, packaging and e-commerce infrastructure of the West." Plant owner Crossroads Paper LLC (Salt Lake City) is aiming for completion in the second half of next year. Subscribers to Industrial Info's Pulp & Paper Project Database can click here for the project report.

While hydrogen is the new hot-button energy topic these days, one doesn't hear much about hydrogen storage. Magnum Energy Midstream Holdings (Salt Lake City) is developing two hydrogen storage caverns in Millard County, Utah, with the tops of the caverns between 3,500 and 4,100 feet below the ground surface. The caverns will be approximately 1,200 feet tall and 200 feet in diameter. The facility will hold hydrogen from a nearby production facility. Construction on the caverns kicked off earlier this year and is expected to be completed in early 2025. Subscribers to Industrial Info's Terminals Project Database can click here for more details.

Projects involving renewable energy also are prevalent in the state, particularly those for smaller-scale solar facilities. Examples include Elektron Solar LLC's (New York, New York) solar farm near Tooele, construction of which kicked off late last year and is expected to be completed by the end of this year. The facility will use 200,000 thin-film photovoltaic modules to achieve a nameplate generating capacity of 80 megawatts. Subscribers to Industrial Info's Power Project Database can click here for the full report.

Subscribers can click here for a look at all of the projects discussed in this article, and here for related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).