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Project(s): View 5 related projects in PECWeb
Plant(s): View 5 related plants in PECWeb
Released June 18, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. heavy-manufacturing sector provides machinery and equipment for a variety of industrial markets, and Industrial Info is tracking more than $4 billion worth of U.S.-based heavy-manufacturing projects that are set to begin construction in the third quarter--including a nearly $1 billion plant addition at a lithium-ion battery manufacturing campus attributed to SK On Company Limited (Seoul, South Korea).
SK's $940 million Plant 3 project in Commerce, Georgia entails constructing a 430,000-square-foot manufacturing facility capable of producing 11.7 gigawatt-hours (GWh) worth of lithium-ion batteries per year, which will bring the complex's total annual production capacity to more than 30 GWh. Sys-Con (Montgomery, Alabama) and Clayco Corporation (St. Louis, Missouri) are providing general contracting services, with Clayco serving as construction manager, and the project is expected to wrap up toward the end of 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here to read detailed information on the project.
Georgia Governor Brian Kemp (R) later this week is set to return from an economic development mission in South Korea that includes meetings with existing industries operating or under construction in Georgia, including SK Group, alongside state-elected officials and other business representatives.
While the aforementioned project accounts for roughly one-fourth of the total investment value of U.S. heavy-manufacturing projects set to kick off in the third quarter, projects related to ships, aircraft and missiles account for roughly $2 billion in activity.
Brasfield & Gorrie plans to begin work on the $115 million expansion of Raytheon's (Waltham, Massachusetts) missiles manufacturing plant in Huntsville, Alabama, which will "increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent," according to a Raytheon press release. The project calls for a 26,000-square-foot building addition to produce nine variants of the Standard Missile Family. Raytheon is a unit of RTX Corporation (NYSE:RTX) (Arlington County, Virginia).
Meanwhile, Australian shipbuilder Austal (Henderson) is gearing up to begin expanding its shipbuilding manufacturing facility in Mobile, Alabama. The project entails constructing a 192,000-square-foot assembly building with a shiplift system, to fulfill recently awarded steel ship contracts as well as provide the flexibility to manufacture modules for submarine and surface ship programs.
Both projects are expected to wrap up next year. Subscribers can read more information on the missile and shipbuilding projects.
GE Aerospace expects a $25 million expansion of its aircraft engine-manufacturing plant in Rutland, Vermont, will kick off construction in August and wrap up around the end of the year. The installation of new production and supporting systems will expand capacity to produce aircraft, military and fighter jet engines. "These investments expand Rutland's capacity to produce critical parts used on nearly every military or commercial engine," Juan Milian, the plant leader for GE Aerospace Rutland, said in a written statement to local news media. Click here to read more information on the project.
General Electric recently spun off into three companies--GE HealthCare, GE Vernova (gas power and renewable energy businesses) and GE Aerospace. GE will continue trading under the company name GE Aerospace (NYSE:GE) (Boston, Massachusetts).
Automated systems are being increasingly adopted across the U.S. manufacturing sector, and Bosch Rexroth Corporation, a subsidiary of Robert Bosch GmbH (Gerlingen, Germany), is preparing to begin construction on a $58 million factory automation-system manufacturing plant in Charlotte, North Carolina. The company is relocating its operations from another plant in Charlotte to expand its operations by about 25% to support its North American customer base. Subscribers can learn more from Industrial Info's project report.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Click here for a full list of reports for heavy-manufacturing projects that are set to kick off across the U.S. in the third quarter.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
SK's $940 million Plant 3 project in Commerce, Georgia entails constructing a 430,000-square-foot manufacturing facility capable of producing 11.7 gigawatt-hours (GWh) worth of lithium-ion batteries per year, which will bring the complex's total annual production capacity to more than 30 GWh. Sys-Con (Montgomery, Alabama) and Clayco Corporation (St. Louis, Missouri) are providing general contracting services, with Clayco serving as construction manager, and the project is expected to wrap up toward the end of 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here to read detailed information on the project.
Georgia Governor Brian Kemp (R) later this week is set to return from an economic development mission in South Korea that includes meetings with existing industries operating or under construction in Georgia, including SK Group, alongside state-elected officials and other business representatives.
While the aforementioned project accounts for roughly one-fourth of the total investment value of U.S. heavy-manufacturing projects set to kick off in the third quarter, projects related to ships, aircraft and missiles account for roughly $2 billion in activity.
Brasfield & Gorrie plans to begin work on the $115 million expansion of Raytheon's (Waltham, Massachusetts) missiles manufacturing plant in Huntsville, Alabama, which will "increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent," according to a Raytheon press release. The project calls for a 26,000-square-foot building addition to produce nine variants of the Standard Missile Family. Raytheon is a unit of RTX Corporation (NYSE:RTX) (Arlington County, Virginia).
Meanwhile, Australian shipbuilder Austal (Henderson) is gearing up to begin expanding its shipbuilding manufacturing facility in Mobile, Alabama. The project entails constructing a 192,000-square-foot assembly building with a shiplift system, to fulfill recently awarded steel ship contracts as well as provide the flexibility to manufacture modules for submarine and surface ship programs.
Both projects are expected to wrap up next year. Subscribers can read more information on the missile and shipbuilding projects.
GE Aerospace expects a $25 million expansion of its aircraft engine-manufacturing plant in Rutland, Vermont, will kick off construction in August and wrap up around the end of the year. The installation of new production and supporting systems will expand capacity to produce aircraft, military and fighter jet engines. "These investments expand Rutland's capacity to produce critical parts used on nearly every military or commercial engine," Juan Milian, the plant leader for GE Aerospace Rutland, said in a written statement to local news media. Click here to read more information on the project.
General Electric recently spun off into three companies--GE HealthCare, GE Vernova (gas power and renewable energy businesses) and GE Aerospace. GE will continue trading under the company name GE Aerospace (NYSE:GE) (Boston, Massachusetts).
Automated systems are being increasingly adopted across the U.S. manufacturing sector, and Bosch Rexroth Corporation, a subsidiary of Robert Bosch GmbH (Gerlingen, Germany), is preparing to begin construction on a $58 million factory automation-system manufacturing plant in Charlotte, North Carolina. The company is relocating its operations from another plant in Charlotte to expand its operations by about 25% to support its North American customer base. Subscribers can learn more from Industrial Info's project report.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Click here for a full list of reports for heavy-manufacturing projects that are set to kick off across the U.S. in the third quarter.
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) platform 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 more than 200,000 current and future projects worth $17.8 trillion (USD).
