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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking slightly more than $6 billion worth of projects that are planned to be completed in Michigan in the first half of this year. The Industrial Manufacturing Industry, led by the automotive sector, leads in terms of project value, with $4.1 billion in planned completions. This is followed in a distant second by the Power Industry, with $496 million in planned completions.
Among the top projects planned for completion in the first half of the year is Ford Motor Company's (NYSE:F) (Dearborn, Michigan) transmission production line addition at its plant in Livonia, Michigan. The project entails constructing three new transmission lines and supporting equipment to enable the plant to build the new 10-speed transmissions that will be used in its Raptor and F-150 trucks. Construction on the project, which has an estimated total investment value (TIV) of $1.4 billion, began in late 2015. For more information, see Industrial Info's project report.
In Sterling Heights, Michigan, Fiat Chrysler Automobiles NV (NYSE:FCAU) (London, England) is in the final stages of a stamping plant retooling. At the existing 5 million-square-foot plant, the company is installing assembly lines and production equipment to manufacture next-generation Ram 1500 trucks. Construction on the $1.4 billion project began early last year and is expected to be wrapped up in the next couple of months. For more information, see Industrial Info's project report.
Projects in the Power Industry are dominated by renewable energy projects. In Ludington, Michigan, CMS Energy (NYSE:CMS) (Jackson, Michigan) and DTE Electric Company (NYSE:DTE) (Detroit, Michigan) are underway with the uprate of two units at their co-owned pumped-storage hydropower facility. The projects involve replacing existing Hitachi hydro turbines with Toshiba turbines to increase the 312-megwatt (MW) generating capacity by 50 MW and extend the units' service life. Construction began early last year and is expected to be completed soon. For more information, see Industrial Info's project reports on the Unit 1 and Unit 6 uprates.
In Fairgrove, Michigan, CMS completed an expansion of the 110-MW Cross Winds Energy Park windfarm earlier this year. The project entailed constructing 19 2.3-MW wind turbine-generators to add approximately 44 MW of wind power to the facility. The project, which had an estimated TIV of $80 million, kicked off in the first half of last year and was completed in January. White Construction Incorporated (Clinton, Indiana) provided engineering, construction and procurement. For more information, see Industrial Info's 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Among the top projects planned for completion in the first half of the year is Ford Motor Company's (NYSE:F) (Dearborn, Michigan) transmission production line addition at its plant in Livonia, Michigan. The project entails constructing three new transmission lines and supporting equipment to enable the plant to build the new 10-speed transmissions that will be used in its Raptor and F-150 trucks. Construction on the project, which has an estimated total investment value (TIV) of $1.4 billion, began in late 2015. For more information, see Industrial Info's project report.
In Sterling Heights, Michigan, Fiat Chrysler Automobiles NV (NYSE:FCAU) (London, England) is in the final stages of a stamping plant retooling. At the existing 5 million-square-foot plant, the company is installing assembly lines and production equipment to manufacture next-generation Ram 1500 trucks. Construction on the $1.4 billion project began early last year and is expected to be wrapped up in the next couple of months. For more information, see Industrial Info's project report.
Projects in the Power Industry are dominated by renewable energy projects. In Ludington, Michigan, CMS Energy (NYSE:CMS) (Jackson, Michigan) and DTE Electric Company (NYSE:DTE) (Detroit, Michigan) are underway with the uprate of two units at their co-owned pumped-storage hydropower facility. The projects involve replacing existing Hitachi hydro turbines with Toshiba turbines to increase the 312-megwatt (MW) generating capacity by 50 MW and extend the units' service life. Construction began early last year and is expected to be completed soon. For more information, see Industrial Info's project reports on the Unit 1 and Unit 6 uprates.
In Fairgrove, Michigan, CMS completed an expansion of the 110-MW Cross Winds Energy Park windfarm earlier this year. The project entailed constructing 19 2.3-MW wind turbine-generators to add approximately 44 MW of wind power to the facility. The project, which had an estimated TIV of $80 million, kicked off in the first half of last year and was completed in January. White Construction Incorporated (Clinton, Indiana) provided engineering, construction and procurement. For more information, see Industrial Info's 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
