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Released September 20, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Minnesota sports a broad array of projects under construction, ranging from pipelines to food to windfarms. Industrial Info is tracking nearly $5.8 billion in industrial projects that are underway in the state. Thanks to a large light rail project, Industrial Manufacturing takes the lead in regard to project value.
Click on the image at right for a breakdown by industry of projects under construction in Minnesota.
By far the largest project is the Green Line light rail extension in the Minneapolis area. The project entails adding 14.5 miles of double-track rail along with 16 stations from downtown Minneapolis to surrounding communities. The project kicked off in 2019, with AECOM (NYSE:ACM) (Los Angeles, California) providing design-engineering services. Construction is expected to take about four years, wrapping up in early 2023. According to Mass Transit, after nearly two years of work, the first section of rail was laid in August, and 11 of the 16 stations are under construction or nearly complete. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed project report.
Another large project has garnered plenty of controversy, although it finally appears to be nearing completion. Enbridge Incorporated's (NYSE:ENB) (Calgary, Alberta) Line 3 Replacement Project aims to restore the operating capabilities of the older Line 3 crude oil pipeline, which entered service in 1968. On September 16, the Minnesota Department of Natural Resources (DNR) said it fined Enbridge $3.32 million for failing to comply with environmental laws by piercing a groundwater aquifer during the construction of the pipeline replacement.
With an estimated cost of $7 billion, the Line 3 Replacement will transport 760,000 barrels per day from Alberta to Superior, Wisconsin. In June, the Minnesota Court of Appeals confirmed the state's public utilities commission appropriately approved the project's environmental impact statement, certificate of need and route permit, paving the way for construction to continue in the state. The Minnesota portion entails replacing 230 miles of 34-inch-diameter pipe with 36-inch pipe from the North Dakota state line to the Wisconsin border. Subscribers to Industrial Info's Pipeline Project Database can click here for the project report.
On the power front, Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis) has taken a leading role in transitioning to renewable forms of energy. For more information, see July 30, 2021, article - Xcel Energy Sticks to Robust Outlook for Renewables as Wind Fuels Growth. Among its wind power projects is the Freeborn Windfarm near Glenville, a project that spans Minnesota's border with Iowa. The facility will use 100 Vestas 2-megawatt wind turbines. Construction kicked off last summer, with Wanzek Construction Incorporated (West Fargo, North Dakota) providing engineering, procurement and construction services, and is expected to be completed by the end of this year. Subscribers to Industrial Info's Power Project Database can click here for the project report.
The Food & Beverage Industry makes a strong showing in the state, with more than a dozen projects underway. Among the largest is Birds Eye Foods Incorporated's (Chicago, Illinois) grassroot fresh-pack vegetable processing plant in Waseca, which will replace a nearby, older plant. The 250,000-square-foot facility is expected to begin operating in the 2022 packing season, processing peas and corn. According to the Minneapolis Star Tribune, the project is the largest investment that parent company Conagra Brands Incorporated (NYSE:CAG) (Chicago) has ever made in a production facility, and will chiefly involve produce grown by farmers within a 50-mile radius of the rural town. Subscribers to Industrial Info's Food & Beverage Project Database can click here for the project report.
High-tech devices also play a role in the state's project activity, with SkyWater Technology Foundry (Bloomington, Minnesota) underway with a Phase II expansion of its semiconductor devices manufacturing plant in Bloomington, in the southern portion of Greater Minneapolis. The project, which kicked off earlier this year, includes the addition of new production equipment to increase capacity for smaller copper-based, radiation-hardened microprocessor chips for the defense industry, commercial satellites and space vehicles. The project is expected to be completed early next year. Subscribers can click here for the project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn.
Click on the image at right for a breakdown by industry of projects under construction in Minnesota.By far the largest project is the Green Line light rail extension in the Minneapolis area. The project entails adding 14.5 miles of double-track rail along with 16 stations from downtown Minneapolis to surrounding communities. The project kicked off in 2019, with AECOM (NYSE:ACM) (Los Angeles, California) providing design-engineering services. Construction is expected to take about four years, wrapping up in early 2023. According to Mass Transit, after nearly two years of work, the first section of rail was laid in August, and 11 of the 16 stations are under construction or nearly complete. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed project report.
Another large project has garnered plenty of controversy, although it finally appears to be nearing completion. Enbridge Incorporated's (NYSE:ENB) (Calgary, Alberta) Line 3 Replacement Project aims to restore the operating capabilities of the older Line 3 crude oil pipeline, which entered service in 1968. On September 16, the Minnesota Department of Natural Resources (DNR) said it fined Enbridge $3.32 million for failing to comply with environmental laws by piercing a groundwater aquifer during the construction of the pipeline replacement.
With an estimated cost of $7 billion, the Line 3 Replacement will transport 760,000 barrels per day from Alberta to Superior, Wisconsin. In June, the Minnesota Court of Appeals confirmed the state's public utilities commission appropriately approved the project's environmental impact statement, certificate of need and route permit, paving the way for construction to continue in the state. The Minnesota portion entails replacing 230 miles of 34-inch-diameter pipe with 36-inch pipe from the North Dakota state line to the Wisconsin border. Subscribers to Industrial Info's Pipeline Project Database can click here for the project report.
On the power front, Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis) has taken a leading role in transitioning to renewable forms of energy. For more information, see July 30, 2021, article - Xcel Energy Sticks to Robust Outlook for Renewables as Wind Fuels Growth. Among its wind power projects is the Freeborn Windfarm near Glenville, a project that spans Minnesota's border with Iowa. The facility will use 100 Vestas 2-megawatt wind turbines. Construction kicked off last summer, with Wanzek Construction Incorporated (West Fargo, North Dakota) providing engineering, procurement and construction services, and is expected to be completed by the end of this year. Subscribers to Industrial Info's Power Project Database can click here for the project report.
The Food & Beverage Industry makes a strong showing in the state, with more than a dozen projects underway. Among the largest is Birds Eye Foods Incorporated's (Chicago, Illinois) grassroot fresh-pack vegetable processing plant in Waseca, which will replace a nearby, older plant. The 250,000-square-foot facility is expected to begin operating in the 2022 packing season, processing peas and corn. According to the Minneapolis Star Tribune, the project is the largest investment that parent company Conagra Brands Incorporated (NYSE:CAG) (Chicago) has ever made in a production facility, and will chiefly involve produce grown by farmers within a 50-mile radius of the rural town. Subscribers to Industrial Info's Food & Beverage Project Database can click here for the project report.
High-tech devices also play a role in the state's project activity, with SkyWater Technology Foundry (Bloomington, Minnesota) underway with a Phase II expansion of its semiconductor devices manufacturing plant in Bloomington, in the southern portion of Greater Minneapolis. The project, which kicked off earlier this year, includes the addition of new production equipment to increase capacity for smaller copper-based, radiation-hardened microprocessor chips for the defense industry, commercial satellites and space vehicles. The project is expected to be completed early next year. Subscribers can click here for the project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn.
