Industrial Firms Develop $6.3 Billion Worth of Projects in Arkansas

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Researched by Industrial Info Resources (Sugar Land, Texas)--Let it be known, Arkansas is an industrial powerhouse. Industrial firms are developing more than 150 capital and maintenance projects that total $6.3 billion within the state. The Power Industry is the largest industry for project development, accounting for 74% of the value of active industrial projects in Arkansas.

There are 29 projects totaling $4.7 billion in the Power Industry. For example American Electric Power Company (NYSE:AEP) (Columbus, Ohio) is studying a $200 million emission control system addition at the Flint Creek Power Station in Gentry, Arkansas. The company plans to add flue gas desulfurization system and an activated carbon injection system to reduce sulfur and mercury emissions on 558-megawatt unit #1. Construction on the project could begin in 2013 if approvals are attained.

Click on the link at right to view a chart showing the breakdown of active industrial projects by industry.

In addition to the Power Industry, there are strong showings from the Metals & Minerals Industry, which has 20 projects totaling $339 million; the Pulp & Paper Industry, which has 19 projects totaling $329 million; and the Industrial Manufacturing Industry, which has 33 projects totaling $261 million.

Construction is under way at the Producers Rice Mill in Stuttgart, Arkansas. Producers Rice Mill Incorporated (Stuttgart) is investing close to $10 million to expand rice milling and storage capacity through the construction of the new Dryer 6 complex and storage silos. Youngblood Construction (Sioux City, Iowa) is the general contractor for the project, which is scheduled for completion in September 2012.

View Project Report - 300052905 20000918

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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.