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Released September 28, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $17 billion worth of projects under construction in Tennessee. While the projects vary greatly, ranging from automotive batteries to paper machine conversions, the U.S. Department of Energy's (DOE) project at the Oak Ridge uranium processing facility accounts for a substantial portion of the state's overall value of projects under construction.
Known as the Y-12 National Security Complex, the uranium processing facility was built as part of the Manhattan Project in the 1940s for the purpose of manufacturing the U.S.' first atomic bombs. According to engineering, procurement and construction firm Bechtel Corporation (Reston, Virginia), Y-12's uranium facilities are dated and deteriorating, prompting the National Nuclear Security Administration to launch the project for a "modern facility with a design life of at least 50 years to ensure the long-term viability, safety and security of [nuclear defense] capabilities in the United States." Construction began in 2018 and is expected to be completed in 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for related reports.
Outside of the Great Lakes region, the Southeast market region of the U.S. has become a leading location for automotive manufacturing, and two companies are underway with construction of manufacturing plants in Tennessee for lithium-ion batteries to be used in electric vehicles. Earlier this year, BlueOvalSK (Glendale, Kentucky), a joint venture of Ford Motor Company (NYSE:F) (Dearborn, Michigan) and SK Innovation (Seoul, South Korea), began construction on its battery plant in Stanton. The facility will supply batteries for Ford's expanded lineup of all-electric F-Series vehicles. The project is expected to be completed in 2025. Subscribers can click here for more details.
More than 150 miles away in Spring Hill, Tennessee, near Nashville, Ultium Cells LLC (Lordstown, Ohio)--another joint venture of a U.S. automaker and South Korean company, this time General Motors Company (NYSE:GM) (Detroit, Michigan) and LG Chem (Seoul)--is underway with construction on a 2.8 million-square-foot building complex that will supply battery cells to GM's Spring Hill assembly plant, which will manufacture the electric Cadillac LYRIQ. The plant is expected to begin production in late 2023. Subscribers can click here for the project report.
Facebook parent Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California) also is expanding its Tennessee footprint through construction of a data center complex in Gallatin, northeast of Nashville. Construction on Phase I kicked off in 2020 and includes two data center buildings totaling approximately 982,500 square feet. It is expected to be completed early next year. A second phase, which includes an additional 673,000 square feet of building space, kicked off construction earlier this year. General contractor DPR Construction (Redwood City, California) is expected to complete Phase II next summer. For more details, subscribers can view the project reports for Phase I and Phase II.
Few U.S. states are without at least one project from e-commerce giant Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), and Tennessee boasts five of them, primarily for distribution and delivery centers. Such projects include Project Pearl, near Alcoa. The project entails constructing a 634,800-square-foot building featuring 50 loading docks and 272 trailer parking spaces with supporting equipment to pick, pack and ship smaller items such as books, electronics and consumer goods. Construction kicked off in early 2021 and is expected to wrap up in the first half of next year. Subscribers can click here for the Alcoa project report and here for all of Amazon's projects in the state.
E-commerce companies such as Amazon have caused the demand for packaging materials to increase. Domtar Corporation (Fort Mill, South Carolina) is following through on this trend by converting a printing paper machine in Kingsport, Tennessee, to produce linerboard, the thin cardboard used for the flat faces of containerboard. The machine will produce approximately 685,000 tons per year when it goes into operation, which is expected by the end of this year. Subscribers to Industrial Info's Pulp & Paper Project Database can click here for the report.
Click here for a look at all of the projects discussed in this article, and here for the 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).
Known as the Y-12 National Security Complex, the uranium processing facility was built as part of the Manhattan Project in the 1940s for the purpose of manufacturing the U.S.' first atomic bombs. According to engineering, procurement and construction firm Bechtel Corporation (Reston, Virginia), Y-12's uranium facilities are dated and deteriorating, prompting the National Nuclear Security Administration to launch the project for a "modern facility with a design life of at least 50 years to ensure the long-term viability, safety and security of [nuclear defense] capabilities in the United States." Construction began in 2018 and is expected to be completed in 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for related reports.
Outside of the Great Lakes region, the Southeast market region of the U.S. has become a leading location for automotive manufacturing, and two companies are underway with construction of manufacturing plants in Tennessee for lithium-ion batteries to be used in electric vehicles. Earlier this year, BlueOvalSK (Glendale, Kentucky), a joint venture of Ford Motor Company (NYSE:F) (Dearborn, Michigan) and SK Innovation (Seoul, South Korea), began construction on its battery plant in Stanton. The facility will supply batteries for Ford's expanded lineup of all-electric F-Series vehicles. The project is expected to be completed in 2025. Subscribers can click here for more details.
More than 150 miles away in Spring Hill, Tennessee, near Nashville, Ultium Cells LLC (Lordstown, Ohio)--another joint venture of a U.S. automaker and South Korean company, this time General Motors Company (NYSE:GM) (Detroit, Michigan) and LG Chem (Seoul)--is underway with construction on a 2.8 million-square-foot building complex that will supply battery cells to GM's Spring Hill assembly plant, which will manufacture the electric Cadillac LYRIQ. The plant is expected to begin production in late 2023. Subscribers can click here for the project report.
Facebook parent Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California) also is expanding its Tennessee footprint through construction of a data center complex in Gallatin, northeast of Nashville. Construction on Phase I kicked off in 2020 and includes two data center buildings totaling approximately 982,500 square feet. It is expected to be completed early next year. A second phase, which includes an additional 673,000 square feet of building space, kicked off construction earlier this year. General contractor DPR Construction (Redwood City, California) is expected to complete Phase II next summer. For more details, subscribers can view the project reports for Phase I and Phase II.
Few U.S. states are without at least one project from e-commerce giant Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), and Tennessee boasts five of them, primarily for distribution and delivery centers. Such projects include Project Pearl, near Alcoa. The project entails constructing a 634,800-square-foot building featuring 50 loading docks and 272 trailer parking spaces with supporting equipment to pick, pack and ship smaller items such as books, electronics and consumer goods. Construction kicked off in early 2021 and is expected to wrap up in the first half of next year. Subscribers can click here for the Alcoa project report and here for all of Amazon's projects in the state.
E-commerce companies such as Amazon have caused the demand for packaging materials to increase. Domtar Corporation (Fort Mill, South Carolina) is following through on this trend by converting a printing paper machine in Kingsport, Tennessee, to produce linerboard, the thin cardboard used for the flat faces of containerboard. The machine will produce approximately 685,000 tons per year when it goes into operation, which is expected by the end of this year. Subscribers to Industrial Info's Pulp & Paper Project Database can click here for the report.
Click here for a look at all of the projects discussed in this article, and here for the 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).
