2005 Capital and Maintenance Project Spending Outlook Good for the U.S. Pacific Northwest Region with Close to $5 Billion Scheduled to Begin Construction

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Don't forget about the Pacific Northwest areas of Oregon and Washington when looking for hot projects in 2005, because the region is shaping up to spend close to $5 billion in capital and maintenance dollars this year, a significant amount of money for any area in the United States. According to data extracted from Industrialinfo.com's North American on-line project database, some 159 industrial projects are scheduled to move forward, as the Power and Industrial Manufacturing Industries are running neck to neck in projected spending for the year.

Click on the image at right to view a chart showing project spending by industry scheduled to begin construction in 2005.

Thirty-eight projects are planned in the Industrial Manufacturing Industry, totaling a whopping $1.7 billion in spending for 2005. That is the highest amount of any of the twelve industries that Industrialinfo.com covers. Six of those projects are in the nine-digit range. Silicon wafer manufacturers are busy again, and two projects planned by Siltronic AG and SEH America Incorporated total $1.1 billion between them. Boeing, Lowe's, and the Port of Portland also have $100 plus million projects planned, along with a commuter rail project that equals close to half a billion in capital spending.

Sixteen projects in the Power industry total about $1.6 billion, highlighted by a $400 million wind farm project planned by UPC Wind Energy in Oregon. Six other projects are in the $100 plus million range are planned by National Energy Systems, two by Puget Sound Energy, two by the U.S. Army Corps of Engineers, and another $125 million wind farm project for Windtricity Ventures in Washington.

Following Power and Industrial Manufacturing, the triple digit projects start to drop off a bit. The Pharmaceutical & Biotech sector is projecting to spend about $350 million in 2005 in Pacific Northwest, highlighted by a $100 million Life Sciences building project planned by Touchstone Corporation in Washington. Fifteen other new construction or expansion projects ranging from $2 million to $35 million in investment are planned, as well.

The Chemical Processing industry will invest $279 million in the area, with the most significant investment being a new $250 million fertilizer plant planned by Pacific Chemical Corporation in Washington. Sixteen other smaller turnaround, upgrades, and retrofits are on the table for the remaining months of 2005.

Pulp, Paper & Wood manufacturers plan about $220 million in investment, followed by Petroleum Refining ($217 million), Metal & Minerals ($185 million), Food & Beverage ($167 million), and Transmission, Pipelines & Storage Terminals ($120 million).

If you are looking to get a piece of the action, the West Coast Online Plant Directory can take you straight to the plant gate, with contact information, addresses, phone and fax numbers, and mapping features, on over 3,600 plants, to help you find industries that are spending money today. Operational plants include 2,312 plants in California; 753 plants in Washington, and 573 in Oregon. Also included are 44 additional plants that are currently under construction in the region, which will become available as part of the database as they come online this year.

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