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Released January 17, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $4.3 billion worth of projects under construction in Colorado. Thanks to a few large projects, the Pharmaceutical-Biotech Industry leads the state in terms of value, followed by the Food & Beverage Industry.
One of the largest projects underway in the state began construction early last year, with Turner Construction Company (New York, New York) providing general contracting services for owner Agilent Technologies Incorporated (Santa Clara, California). Agilent is expanding its existing facility in Frederick, which is about 30 miles north of downtown Denver, by 275,000 square feet to double the production capacity for therapeutic nucleic acids, which are used to treat a diverse range of diseases, including cancer, cardiovascular illness, and rare and infectious diseases. Construction is expected to last about two years, putting the facility on track for opening in early 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pharmaceutical-Biotech Project Database can click here for the full report.
Another life sciences project that has been under construction for about a year and a half is expected to be completed in the coming months. Lincoln Property Company Commercial Incorporated (Dallas, Texas) is constructing three four- to five-story buildings, totaling approximately 435,000 square feet, for multiple life-science tenants in Broomfield. A 15,000-square-foot fitness center is included. Subscribers can click here to view the project report.
While power projects in the state are relatively sparse, one of Colorado's major projects involves the construction of the monopile towers used for wind turbines. CS Wind Corporation (Seoul, South Korea) launched work on the first of three planned expansion phases for its facility in Pueblo last year.
Phase I is adding a 310,000-square-foot building addition to expand the plant's capacity by 2,000 towers per year, putting the facility's total manufacturing capacity to 6,000 towers a year. Phases II and III will follow, each adding further building additions and increasing production by 2,000 towers a year, with the ultimate goal of producing 10,000 monopile towers per year by 2028. Phase I is expected to be completed this summer, and Phase II is planned to kick off toward the end of this year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for related reports.
Taking second position in regard to spending in the state is the Food & Beverage Industry, thanks largely to two large projects from Molson Coors Brewing Company (NYSE:TAP) (Chicago, Illinois) and PepsiCo Incorporated (NASDAQ:PEP) (Harrison, New York).
Coors is expanding its famed brewery in Golden by constructing a 200,000-square-foot building addition, with a new bottling line and related equipment, to expand production capacity. The project kicked off in 2020 and is expected to be completed toward the middle of this year.
PepsiCo is constructing a grassroot bottling and warehouse facility on a 152-acre site near Denver International Airport. The two-story, 1.2 million-square-foot facility will house 10 manufacturing lines as well as a warehouse automated storage retrieval system to produce products including Pepsi, Pepsi Zero, Gatorade, Propel energy drinks and Muscle Milk. The facility will be PepsiCo's largest bottling plant in the U.S.
Subscribers to Industrial Info's Food & Beverage Project Database can learn more by viewing the project reports on the Molson Coors and PepsiCo projects.
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).
One of the largest projects underway in the state began construction early last year, with Turner Construction Company (New York, New York) providing general contracting services for owner Agilent Technologies Incorporated (Santa Clara, California). Agilent is expanding its existing facility in Frederick, which is about 30 miles north of downtown Denver, by 275,000 square feet to double the production capacity for therapeutic nucleic acids, which are used to treat a diverse range of diseases, including cancer, cardiovascular illness, and rare and infectious diseases. Construction is expected to last about two years, putting the facility on track for opening in early 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pharmaceutical-Biotech Project Database can click here for the full report.
Another life sciences project that has been under construction for about a year and a half is expected to be completed in the coming months. Lincoln Property Company Commercial Incorporated (Dallas, Texas) is constructing three four- to five-story buildings, totaling approximately 435,000 square feet, for multiple life-science tenants in Broomfield. A 15,000-square-foot fitness center is included. Subscribers can click here to view the project report.
While power projects in the state are relatively sparse, one of Colorado's major projects involves the construction of the monopile towers used for wind turbines. CS Wind Corporation (Seoul, South Korea) launched work on the first of three planned expansion phases for its facility in Pueblo last year.
Phase I is adding a 310,000-square-foot building addition to expand the plant's capacity by 2,000 towers per year, putting the facility's total manufacturing capacity to 6,000 towers a year. Phases II and III will follow, each adding further building additions and increasing production by 2,000 towers a year, with the ultimate goal of producing 10,000 monopile towers per year by 2028. Phase I is expected to be completed this summer, and Phase II is planned to kick off toward the end of this year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here for related reports.
Taking second position in regard to spending in the state is the Food & Beverage Industry, thanks largely to two large projects from Molson Coors Brewing Company (NYSE:TAP) (Chicago, Illinois) and PepsiCo Incorporated (NASDAQ:PEP) (Harrison, New York).
Coors is expanding its famed brewery in Golden by constructing a 200,000-square-foot building addition, with a new bottling line and related equipment, to expand production capacity. The project kicked off in 2020 and is expected to be completed toward the middle of this year.
PepsiCo is constructing a grassroot bottling and warehouse facility on a 152-acre site near Denver International Airport. The two-story, 1.2 million-square-foot facility will house 10 manufacturing lines as well as a warehouse automated storage retrieval system to produce products including Pepsi, Pepsi Zero, Gatorade, Propel energy drinks and Muscle Milk. The facility will be PepsiCo's largest bottling plant in the U.S.
Subscribers to Industrial Info's Food & Beverage Project Database can learn more by viewing the project reports on the Molson Coors and PepsiCo projects.
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).
