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Released November 10, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--News about the progress of the Mountain Valley natural gas pipeline seems to dominate the headlines regarding West Virginia's industrial project activity, but the state is full of plenty of other projects in various sectors that are under construction. Industrial Info is tracking more than $7 billion worth of projects underway in the state.
For those that haven't been following news of the Mountain Valley Pipeline, a 303-mile natural gas pipeline running from northwestern West Virginia to southern Virginia, the project has repeatedly been faced with environmental challenges that have caused it to run well behind its projected timeline for completion and substantially over its original budget. However, late last month, Equitrans Midstream (NYSE:ETRN) (Pittsburgh, Pennsylvania), the lead developer of the project, said the pipeline was on track for completion in the first quarter of next year, coming in at an estimated cost of $7.2 billion, an increase from a prior estimate of $6.6 billion. Subscribers to Industrial Info's Global Market Intelligence Pipelines Project Database can click here for a look at the remaining portions of the project left in West Virginia, including construction of three grassroot compressor stations.
While the Mountain Valley Pipeline represents the largest industrial project in West Virginia, another multibillion-dollar undertaking appears to be progressing with a bit more ease, although construction has been underway for only a few months. Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is at work on a grassroot steel sheet mill in Apple Grove to increase the company's product offerings. The 3 million-ton-per-year mill will produce hot-rolled sheet products and will have a tandem cold mill, annealing capabilities and two galvanizing lines. The galvanizing lines will include an advanced high-end automotive line and a construction-grade line. The facility is expected to be completed in early 2026 and presently is planned to produce about 1.1 million tons per year of galvanized steel, 800,000 tons per year of cold-rolled coil, 750,000 tons per year of hot-rolled coil and 350,000 tons per year of pickled and oiled steel sheet. Subscribers to Industrial Info's Metals & Minerals Project Database can click here to learn more.
A former steel mill in Weirton, West Virginia, is gaining new industrial life in the form of an iron-air battery plant being developed by Form Energy Incorporated (Somerville, Massachusetts). According to Form Energy and news media, iron-air batteries are much lower cost than lithium-ion batteries and can store and release energy for days, compared with the faster discharge rate of more expensive lithium-ion batteries. Storing and releasing energy in the form of rusting and "unrusting," the iron-air batteries are heavier than their lithium-ion counterparts, making them more suitable for large undertakings such as energy storage at renewable energy facilities than for lighter-weight needs such as vehicles and laptops. The project began earlier this year and involves renovating existing buildings as well as constructing a new 800,000-square-foot building. The plant is expected to begin operations in 2025. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for more details on the project.
A solar plant (although without a battery-storage component) is making its way into the state as well. Earlier this year Opdenergy SA (Madrid, Spain) began work on its Blake solar energy facility in Jefferson County, in the far northeast of the state. The facility will use ground-mounted panels on a single-axis tracking system to provide nameplate generation of 80 megawatts. Construction is expected to be completed toward the end of this year. Subscribers to Industrial Info's Power Project Database can click here for the full report.
While small compared with areas such as the Great Lakes region, West Virginia's automotive industry is getting a boost as Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) upgrades its engines and transmissions manufacturing plant in Buffalo, in the west of the state, about 140 miles from Columbus, Ohio. The upgrades include a new production line for hybrid transaxles that will be able to produce approximately 600,000 units per year. Upon completion of the project, which is expected toward the end of this year, the facility will also produce 120,000 rear motor stators per year. Subscribers can click here to learn more.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the 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).
For those that haven't been following news of the Mountain Valley Pipeline, a 303-mile natural gas pipeline running from northwestern West Virginia to southern Virginia, the project has repeatedly been faced with environmental challenges that have caused it to run well behind its projected timeline for completion and substantially over its original budget. However, late last month, Equitrans Midstream (NYSE:ETRN) (Pittsburgh, Pennsylvania), the lead developer of the project, said the pipeline was on track for completion in the first quarter of next year, coming in at an estimated cost of $7.2 billion, an increase from a prior estimate of $6.6 billion. Subscribers to Industrial Info's Global Market Intelligence Pipelines Project Database can click here for a look at the remaining portions of the project left in West Virginia, including construction of three grassroot compressor stations.
While the Mountain Valley Pipeline represents the largest industrial project in West Virginia, another multibillion-dollar undertaking appears to be progressing with a bit more ease, although construction has been underway for only a few months. Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is at work on a grassroot steel sheet mill in Apple Grove to increase the company's product offerings. The 3 million-ton-per-year mill will produce hot-rolled sheet products and will have a tandem cold mill, annealing capabilities and two galvanizing lines. The galvanizing lines will include an advanced high-end automotive line and a construction-grade line. The facility is expected to be completed in early 2026 and presently is planned to produce about 1.1 million tons per year of galvanized steel, 800,000 tons per year of cold-rolled coil, 750,000 tons per year of hot-rolled coil and 350,000 tons per year of pickled and oiled steel sheet. Subscribers to Industrial Info's Metals & Minerals Project Database can click here to learn more.
A former steel mill in Weirton, West Virginia, is gaining new industrial life in the form of an iron-air battery plant being developed by Form Energy Incorporated (Somerville, Massachusetts). According to Form Energy and news media, iron-air batteries are much lower cost than lithium-ion batteries and can store and release energy for days, compared with the faster discharge rate of more expensive lithium-ion batteries. Storing and releasing energy in the form of rusting and "unrusting," the iron-air batteries are heavier than their lithium-ion counterparts, making them more suitable for large undertakings such as energy storage at renewable energy facilities than for lighter-weight needs such as vehicles and laptops. The project began earlier this year and involves renovating existing buildings as well as constructing a new 800,000-square-foot building. The plant is expected to begin operations in 2025. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for more details on the project.
A solar plant (although without a battery-storage component) is making its way into the state as well. Earlier this year Opdenergy SA (Madrid, Spain) began work on its Blake solar energy facility in Jefferson County, in the far northeast of the state. The facility will use ground-mounted panels on a single-axis tracking system to provide nameplate generation of 80 megawatts. Construction is expected to be completed toward the end of this year. Subscribers to Industrial Info's Power Project Database can click here for the full report.
While small compared with areas such as the Great Lakes region, West Virginia's automotive industry is getting a boost as Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) upgrades its engines and transmissions manufacturing plant in Buffalo, in the west of the state, about 140 miles from Columbus, Ohio. The upgrades include a new production line for hybrid transaxles that will be able to produce approximately 600,000 units per year. Upon completion of the project, which is expected toward the end of this year, the facility will also produce 120,000 rear motor stators per year. Subscribers can click here to learn more.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the 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).
