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Released September 16, 2015 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Mid-Atlantic region is continuing to be a major area of growth in the U.S., with about $10.78 billion in active projects set to begin construction in the fourth quarter of 2015. More than 90% of the total is attributed to four industries: Industrial Manufacturing, Power, Pharmaceutical & Biotech, and Metals & Minerals.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2015 in the Mid-Atlantic region by industry.
The Mid-Atlantic region includes Maryland, North Carolina, South Carolina, Virginia and West Virginia.
The Industrial Manufacturing Industry leads all others with 82 projects worth $5.76 billion in total investment value that are set to begin construction from October through December. However, almost $5 billion of that amount are for passenger rail-system expansions, which often face lengthy delays while awaiting government funding, and sometimes are just canceled. Both are from the Maryland Department of Transportation and are based in Baltimore: the $2.57 Billion Red Line Expansion and the $2.37 Billion Purple Line Expansion. For details on this expansion project, see Industrial Info's project report for the Red Line expansion and the project report for the Purple Line expansion; both are undergoing preliminary engineering, and the Purple Line expansion has been on the drawing board for since at least 2010.
The Power Industry is in a distant but strong second place with 43 projects worth more than $2 billion set to kick off in the fourth quarter, the largest of which is Moundsville Power LLC's (Buffalo, New York) proposed, $615 million combined-cycle gas turbine (CCGT) plant in Marshall County, West Virginia. The facility, which is expected to have a capacity of 549 megawatts (MW), obtained its last necessary permit earlier this year. It will consist of two 196-MW General Electric (NYSE:GE) MS7001FA .04 combustion turbine generators, with duct-fired heat-recovery steam generators, and a 133-MW GE steam turbine generator. For more information, see February 18, 2015, article - Green Light for First Ethane Gas-fired Plant in U.S., and Industrial Info's project report.
The Pharmaceutical & Biotech Industry has found a prosperous market in the Mid-Atlantic, with 31 projects worth more than $1.23 billion itching to begin construction next quarter. Easily the biggest spender is Procter & Gamble Company's (NYSE:PG) (Cincinnati, Ohio) $500 million personal care and household products plant in Martinsburg, West Virginia. The one-storey facility of roughly 4.33 million square feet will produce popular customer items such as shampoo, lotions, toothpaste, detergents, paper towels and diapers. Fluor Corporation (NYSE:FLR) (Irving, Texas) is performing engineering, procurement and construction services. For details on this construction project, see Industrial Info's project report.
The Metals & Minerals Industry rounds out the top four industries with 10 projects worth $821 million set to begin construction from October through December. One of the most closely watched is Toray Industries Incorporated's (Tokyo, Japan) $1 billion carbon fibers plant in Moore, South Carolina, which had its kickoff date pushed back from the third quarter earlier this year. The project, which has faced some opposition from environmental activists and local residents, is expected to produce 1,800 to 2,000 tonnes per day of carbon fibers; a second phase would expand it to 3,600 tonnes per day. It now is set to be completed in second-quarter 2017. For details on this construction project, see Industrial Info's project report.
The remaining five highest-value projects set to kick off in the Mid-Atlantic region in the fourth quarter are:
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2015 in the Mid-Atlantic region by industry.The Mid-Atlantic region includes Maryland, North Carolina, South Carolina, Virginia and West Virginia.
The Industrial Manufacturing Industry leads all others with 82 projects worth $5.76 billion in total investment value that are set to begin construction from October through December. However, almost $5 billion of that amount are for passenger rail-system expansions, which often face lengthy delays while awaiting government funding, and sometimes are just canceled. Both are from the Maryland Department of Transportation and are based in Baltimore: the $2.57 Billion Red Line Expansion and the $2.37 Billion Purple Line Expansion. For details on this expansion project, see Industrial Info's project report for the Red Line expansion and the project report for the Purple Line expansion; both are undergoing preliminary engineering, and the Purple Line expansion has been on the drawing board for since at least 2010.
The Power Industry is in a distant but strong second place with 43 projects worth more than $2 billion set to kick off in the fourth quarter, the largest of which is Moundsville Power LLC's (Buffalo, New York) proposed, $615 million combined-cycle gas turbine (CCGT) plant in Marshall County, West Virginia. The facility, which is expected to have a capacity of 549 megawatts (MW), obtained its last necessary permit earlier this year. It will consist of two 196-MW General Electric (NYSE:GE) MS7001FA .04 combustion turbine generators, with duct-fired heat-recovery steam generators, and a 133-MW GE steam turbine generator. For more information, see February 18, 2015, article - Green Light for First Ethane Gas-fired Plant in U.S., and Industrial Info's project report.
The Pharmaceutical & Biotech Industry has found a prosperous market in the Mid-Atlantic, with 31 projects worth more than $1.23 billion itching to begin construction next quarter. Easily the biggest spender is Procter & Gamble Company's (NYSE:PG) (Cincinnati, Ohio) $500 million personal care and household products plant in Martinsburg, West Virginia. The one-storey facility of roughly 4.33 million square feet will produce popular customer items such as shampoo, lotions, toothpaste, detergents, paper towels and diapers. Fluor Corporation (NYSE:FLR) (Irving, Texas) is performing engineering, procurement and construction services. For details on this construction project, see Industrial Info's project report.
The Metals & Minerals Industry rounds out the top four industries with 10 projects worth $821 million set to begin construction from October through December. One of the most closely watched is Toray Industries Incorporated's (Tokyo, Japan) $1 billion carbon fibers plant in Moore, South Carolina, which had its kickoff date pushed back from the third quarter earlier this year. The project, which has faced some opposition from environmental activists and local residents, is expected to produce 1,800 to 2,000 tonnes per day of carbon fibers; a second phase would expand it to 3,600 tonnes per day. It now is set to be completed in second-quarter 2017. For details on this construction project, see Industrial Info's project report.
The remaining five highest-value projects set to kick off in the Mid-Atlantic region in the fourth quarter are:
- $450 Million: NTE Energy's Natural Gas-Fired, Combined-Cycle Energy Center in Kings Mountain, North Carolina
For details on this construction project, see Industrial Info's project report. - $250 Million: U.S. Department of Defense's Public Health Research Center in Aberdeen Proving Ground, Maryland
For details on this construction project, see Industrial Info's project report. - $150 Million: Iberdrola S.A.'s Amazon Solar Farm in Oak Hall, Virginia
For details on this construction project, see Industrial Info's project report. - $125 Million: Lidl Dienstleistung GmbH's Grocery Distribution Center in Mebane, North Carolina
For details on this construction project, see Industrial Info's project report. - $124 Million: Huntington Ingalls Industries' Shipyard Joint Manufacturing Assembly Facility in Newport News, Virginia
For details on this construction project, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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.
