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Researched by Industrial Info Resources (Sugar Land, Texas)--According to Investopedia, a conglomerate is a corporation that is made up of a number of different, seemingly unrelated businesses. A prime example of this is Berkshire Hathaway Incorporated (NYSE:BRKA) (Omaha, Nebraska). The corporation's website lists more than 60 Berkshire Hathaway companies that cover a wide swath of industries, including energy, manufacturing and food & beverages, among many others. Industrial Info is tracking more than $7 billion in active Berkshire Hathaway projects in eight major industry groups.
Click the image at right for a chart showing Berkshire Hathaway projects by industry.
Industrial Info is tracking $5.4 billion in active Berkshire Hathaway power projects. Among them is a potential $520 million nitrogen oxides controls retrofit that is under economic evaluation at PacifiCorp's (acquired by Berkshire Hathaway in 2006) coal-fired, 895-megawatt (MW) Huntington Canyon Power Station in Utah. The retrofit of units 1 and 2 would kick off in late 2019 and see completion in fourth-quarter 2022. The project involves installation of Babcock & Wilcox Enterprises Incorporated's (NYSE:BW) (B&W) (Charlotte, North Carolina) selective catalytic reduction (SCR) units at two Alstom/CE coal tangential/concentric-fired dry bottom boilers in order to comply with emissions reduction rules. For more information, see Industrial Info's project report. In all, Industrial Info is tracking $624 million in project activity at the Huntington Canyon Power Station.
Berkshire Hathaway is making huge investments in renewable energy, with $3.88 billion in wind, geothermal and hydro-related projects being tracked by Industrial Info. For related information, see April 21, 2017, article - Buffet's Utility Backs New Green Resources, Transmission Projects.
Under the manufacturing umbrella, Industrial Info is tracking more than $1 billion in project activity by Berkshire Hathaway, with the lion's share of the investments going to Burlington Northern Santa Fe (BNSF) railway, which was acquired by Berkshire Hathaway in 2009. BNSF is planning the $500 million Southern California International Gateway facility at the Port of Los Angeles. The project's fate is uncertain, due to ongoing environmental litigation. The proposed facility would handle 2.8 million container units per year and serve the ports of Los Angeles and Long Beach. If it moves forward, construction could kick off as early as 2018, with completion in mid-2020. For more information, see Industrial Info's project report.
Industrial Info is closely following $293 million in Chemical Processing Industry project activity by the conglomerate. Lubrizol (acquired by Berkshire Hathaway in 2011) is planning a polybutene unit expansion at its fuel additives and compounded products plant in Deer Park, Texas. Jacobs Engineering is serving as engineering, procurement and construction (EPC) provider. Construction is expected to begin in July this year, with completion in October 2019. For more information, see Industrial Info's project report.
Food & Beverage Industry projects total $264 million. Chief among them is McLane Company's (acquired by Berkshire Hathaway in 2003) planned $93 million food distribution center in Juno, Florida. Urban Design Kilday Studios (West Palm Beach, Florida) is serving as the architect for the 386,000-square-foot-facility. Construction is expected to start in third-quarter 2017, with completion in fourth-quarter 2018. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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/.
Industrial Info is tracking $5.4 billion in active Berkshire Hathaway power projects. Among them is a potential $520 million nitrogen oxides controls retrofit that is under economic evaluation at PacifiCorp's (acquired by Berkshire Hathaway in 2006) coal-fired, 895-megawatt (MW) Huntington Canyon Power Station in Utah. The retrofit of units 1 and 2 would kick off in late 2019 and see completion in fourth-quarter 2022. The project involves installation of Babcock & Wilcox Enterprises Incorporated's (NYSE:BW) (B&W) (Charlotte, North Carolina) selective catalytic reduction (SCR) units at two Alstom/CE coal tangential/concentric-fired dry bottom boilers in order to comply with emissions reduction rules. For more information, see Industrial Info's project report. In all, Industrial Info is tracking $624 million in project activity at the Huntington Canyon Power Station.
Berkshire Hathaway is making huge investments in renewable energy, with $3.88 billion in wind, geothermal and hydro-related projects being tracked by Industrial Info. For related information, see April 21, 2017, article - Buffet's Utility Backs New Green Resources, Transmission Projects.
Under the manufacturing umbrella, Industrial Info is tracking more than $1 billion in project activity by Berkshire Hathaway, with the lion's share of the investments going to Burlington Northern Santa Fe (BNSF) railway, which was acquired by Berkshire Hathaway in 2009. BNSF is planning the $500 million Southern California International Gateway facility at the Port of Los Angeles. The project's fate is uncertain, due to ongoing environmental litigation. The proposed facility would handle 2.8 million container units per year and serve the ports of Los Angeles and Long Beach. If it moves forward, construction could kick off as early as 2018, with completion in mid-2020. For more information, see Industrial Info's project report.
Industrial Info is closely following $293 million in Chemical Processing Industry project activity by the conglomerate. Lubrizol (acquired by Berkshire Hathaway in 2011) is planning a polybutene unit expansion at its fuel additives and compounded products plant in Deer Park, Texas. Jacobs Engineering is serving as engineering, procurement and construction (EPC) provider. Construction is expected to begin in July this year, with completion in October 2019. For more information, see Industrial Info's project report.
Food & Beverage Industry projects total $264 million. Chief among them is McLane Company's (acquired by Berkshire Hathaway in 2003) planned $93 million food distribution center in Juno, Florida. Urban Design Kilday Studios (West Palm Beach, Florida) is serving as the architect for the 386,000-square-foot-facility. Construction is expected to start in third-quarter 2017, with completion in fourth-quarter 2018. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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/.
