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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Southeast market region is on track to see $13.8 billion in industrial project completions in the first half of 2018. A natural gas-fired, combined-cycle leads the region's Power Industry for the value of project completions. The Southeast region includes Alabama, Florida, Georgia, Mississippi, Tennessee, Puerto Rico and the U.S. Virgin Islands.
Among the largest Power projects to wrap up is the Tennessee Valley Authority's (NYSE:TVE) (TVA) (Knoxville, Tennessee) 1,000-megwatt (MW) natural gas-fired, combined-cycle power plant near Memphis, Tennessee. The plant is being constructed to replace a 702-MW coal-fired power plant. Construction on the $1 billion project began in early 2016, with Kiewit Corporation (Omaha, Nebraska) performing engineering, procurement and construction (EPC). For more information, see Industrial Info's project report. Construction of the plant comes as part of a program by the TVA to build or refurbish its generation and transmission & distribution assets, install environmental retrofit equipment, convert coal-fired generators to gas, and close coal-fired units. For more information, see February 12, 2018, article - End is in Sight for TVA's 10-Year, $10 Billion Capital and Maintenance Plan.
Another program drawing to a close is NextEra Energy Incorporated's (NYSE:NEE) (Juno Beach, Florida) construction of eight 74.5-MW solar plants. Among the plants to be completed is the Blue Cypress solar energy plant near Vero Beach, Florida. The solar farm will use 338,000 solar panels. Black & Veatch Incorporated (Overland Park, Kansas) is providing EPC work on the project, which has an estimated total investment value (TIV) of $161 million. For more information, see Industrial Info's project report.
In the Industrial Manufacturing Industry, one of the largest projects planned to wrap up in the first half of this year is Mercedes-Benz's (Stuttgart, Germany) expansion of a $1.3 billion sports utility vehicle manufacturing plant in Vance, Alabama. The expansion brings the total plant size to 6 million square feet at the existing 240,000-vehicle-per-year facility and will allow for the manufacture of 60,000 more vehicles per year, including the all-new ML Coupe. Construction began in summer 2015. B.L. Harbert International (Birmingham, Alabama) and Gray Construction Company (Birmingham) are general contractors. For more information, see Industrial Info's project report.
In Florida, a rocket manufacturing plant is nearing completion in Merritt Island, Florida. Plant owner Blue Origin (Kent, Washington) began construction on the project in the summer of 2016. The 750,000-square-foot facility will manufacture commercial space vehicles for launch in Cape Canaveral, Florida. The Haskell Company (Jacksonville, Florida) is engineer on the project, which has an estimated TIV of $200 million. For more information, see Industrial Info's project report.
While the Oil & Gas sector typically does not play an extremely large role in the region when compared with other regions, Pivotal LNG, a wholly owned subsidiary of the Southern Company (NYSE:SO) (Atlanta, Georgia), is wrapping up a micro liquefied natural gas (LNG) production plant near Jacksonville, Florida. The facility will produce 120,000 gallons per day of LNG to supply two LNG-fueled tankers owned by TOTE (Princeton, New Jersey). Construction on the facility began in late 2015, with Saulsbury Industries (Houston, Texas) providing EPC work. 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 largest Power projects to wrap up is the Tennessee Valley Authority's (NYSE:TVE) (TVA) (Knoxville, Tennessee) 1,000-megwatt (MW) natural gas-fired, combined-cycle power plant near Memphis, Tennessee. The plant is being constructed to replace a 702-MW coal-fired power plant. Construction on the $1 billion project began in early 2016, with Kiewit Corporation (Omaha, Nebraska) performing engineering, procurement and construction (EPC). For more information, see Industrial Info's project report. Construction of the plant comes as part of a program by the TVA to build or refurbish its generation and transmission & distribution assets, install environmental retrofit equipment, convert coal-fired generators to gas, and close coal-fired units. For more information, see February 12, 2018, article - End is in Sight for TVA's 10-Year, $10 Billion Capital and Maintenance Plan.
Another program drawing to a close is NextEra Energy Incorporated's (NYSE:NEE) (Juno Beach, Florida) construction of eight 74.5-MW solar plants. Among the plants to be completed is the Blue Cypress solar energy plant near Vero Beach, Florida. The solar farm will use 338,000 solar panels. Black & Veatch Incorporated (Overland Park, Kansas) is providing EPC work on the project, which has an estimated total investment value (TIV) of $161 million. For more information, see Industrial Info's project report.
In the Industrial Manufacturing Industry, one of the largest projects planned to wrap up in the first half of this year is Mercedes-Benz's (Stuttgart, Germany) expansion of a $1.3 billion sports utility vehicle manufacturing plant in Vance, Alabama. The expansion brings the total plant size to 6 million square feet at the existing 240,000-vehicle-per-year facility and will allow for the manufacture of 60,000 more vehicles per year, including the all-new ML Coupe. Construction began in summer 2015. B.L. Harbert International (Birmingham, Alabama) and Gray Construction Company (Birmingham) are general contractors. For more information, see Industrial Info's project report.
In Florida, a rocket manufacturing plant is nearing completion in Merritt Island, Florida. Plant owner Blue Origin (Kent, Washington) began construction on the project in the summer of 2016. The 750,000-square-foot facility will manufacture commercial space vehicles for launch in Cape Canaveral, Florida. The Haskell Company (Jacksonville, Florida) is engineer on the project, which has an estimated TIV of $200 million. For more information, see Industrial Info's project report.
While the Oil & Gas sector typically does not play an extremely large role in the region when compared with other regions, Pivotal LNG, a wholly owned subsidiary of the Southern Company (NYSE:SO) (Atlanta, Georgia), is wrapping up a micro liquefied natural gas (LNG) production plant near Jacksonville, Florida. The facility will produce 120,000 gallons per day of LNG to supply two LNG-fueled tankers owned by TOTE (Princeton, New Jersey). Construction on the facility began in late 2015, with Saulsbury Industries (Houston, Texas) providing EPC work. 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.
