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Released October 11, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Great Lakes market region is set to experience more than $30 billion in industrial project starts and completions in the fourth quarter of this year. The Great Lakes region includes Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin. The Industrial Manufacturing Industry, with $12.3 billion in planned starts and completions, leads in terms of project value, followed in a distant second by the Power Industry, with $6.5 billion in projects.
Click on the image at right for a breakdown by industry of planned fourth-quarter 2017 project starts and completions in the Great Lakes market region.
Among the top projects to kick off in the quarter is Indeck Energy Services Incorporated's (Buffalo Grove, Illinois) natural gas-fired, combined-cycle power plant in Niles, Michigan. The facility will have a generating capacity 1,076 megawatts (MW). AECOM Corporation (NYSE:ACM) (Los Angeles, California) is performing engineering, procurement and construction (EPC). The project is set for completion in the first quarter of 2020 and has an estimated total investment value (TIV) of $1 billion. For more information, see Industrial Info's project report.
The automotive sector is big business in the Great Lakes region, and Ford Motor Company (NYSE:F) (Dearborn, Michigan) is maintaining its momentum by kicking off construction on an expansion of its automotive assembly plant in Flat Rock, Michigan. The plant will be for the latest in vehicle design, as it is intended for electric vehicles and fully autonomous hybrid vehicles designed with ride-sharing companies in mind. The project has an estimated TIV of $700 million and is planned for completion before the end of 2019. Rudolph/Libbe Incorporated (Walbridge, Ohio) is acting as construction manager. For more information, see Industrial Info's project report.
Fiat Chrysler Automobiles US LLC (NSYE:FCAU) (Warren, Michigan) is planning a retool of its truck assembly plant in Warren. The existing 3.31 million-square-foot facility will be upgraded to assemble the new Jeep Wagoneer and Grand Wagoneer, and the plant will be equipped with the flexibility to produce the Dodge Ram heavy duty truck. For more information, see Industrial Info's project report.
Project Completions
More than $21.7 billion of projects are set to be completed in the Great Lakes this quarter. Among the top completions is another project from Ford. The company is nearing completion of a production line addition at its transmission manufacturing plant in Livonia, Michigan. The project consists of constructing three new transmission production lines and supporting equipment to manufacture the 10-speed transmission used in Ford's Raptor and F-150 trucks. Construction began in late 2015 and should be completed by the end of this year. For more information, see Industrial Info's project report.
Several natural gas-fired, combined-cycle power plants also are planned for completion before yearend, adding substantially to the region's value for project completions. Among these is Carroll County Energy LLC's (Carrollton, Ohio) 700-MW Carroll County Energy Center in Carrollton. Construction on the project began in the summer of 2015 and is expected to be wrapped up in December. Bechtel Group Incorporated (San Francisco, California) is performing EPC work on the project, which has an estimated TIV of $800 million. For more information, see Industrial Info's project report.
Also on the books for completion is Indianapolis Power & Light Company's (IPL) (Indianapolis, Indiana) 671-MW Eagle Valley Energy Center in Martinsville, Indiana. Construction on the combined-cycle facility began in the first half of 2015. Chicago Bridge & Iron Company (NYSE:CBI) (The Hague, Netherlands) is acting as EPC contractor on the project, which has an estimated TIV of $600 million. The facility is being built next to the existing Eagle Valley coal-fired plant, where IPL retired units last year. 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.
Click on the image at right for a breakdown by industry of planned fourth-quarter 2017 project starts and completions in the Great Lakes market region.Among the top projects to kick off in the quarter is Indeck Energy Services Incorporated's (Buffalo Grove, Illinois) natural gas-fired, combined-cycle power plant in Niles, Michigan. The facility will have a generating capacity 1,076 megawatts (MW). AECOM Corporation (NYSE:ACM) (Los Angeles, California) is performing engineering, procurement and construction (EPC). The project is set for completion in the first quarter of 2020 and has an estimated total investment value (TIV) of $1 billion. For more information, see Industrial Info's project report.
The automotive sector is big business in the Great Lakes region, and Ford Motor Company (NYSE:F) (Dearborn, Michigan) is maintaining its momentum by kicking off construction on an expansion of its automotive assembly plant in Flat Rock, Michigan. The plant will be for the latest in vehicle design, as it is intended for electric vehicles and fully autonomous hybrid vehicles designed with ride-sharing companies in mind. The project has an estimated TIV of $700 million and is planned for completion before the end of 2019. Rudolph/Libbe Incorporated (Walbridge, Ohio) is acting as construction manager. For more information, see Industrial Info's project report.
Fiat Chrysler Automobiles US LLC (NSYE:FCAU) (Warren, Michigan) is planning a retool of its truck assembly plant in Warren. The existing 3.31 million-square-foot facility will be upgraded to assemble the new Jeep Wagoneer and Grand Wagoneer, and the plant will be equipped with the flexibility to produce the Dodge Ram heavy duty truck. For more information, see Industrial Info's project report.
Project Completions
More than $21.7 billion of projects are set to be completed in the Great Lakes this quarter. Among the top completions is another project from Ford. The company is nearing completion of a production line addition at its transmission manufacturing plant in Livonia, Michigan. The project consists of constructing three new transmission production lines and supporting equipment to manufacture the 10-speed transmission used in Ford's Raptor and F-150 trucks. Construction began in late 2015 and should be completed by the end of this year. For more information, see Industrial Info's project report.
Several natural gas-fired, combined-cycle power plants also are planned for completion before yearend, adding substantially to the region's value for project completions. Among these is Carroll County Energy LLC's (Carrollton, Ohio) 700-MW Carroll County Energy Center in Carrollton. Construction on the project began in the summer of 2015 and is expected to be wrapped up in December. Bechtel Group Incorporated (San Francisco, California) is performing EPC work on the project, which has an estimated TIV of $800 million. For more information, see Industrial Info's project report.
Also on the books for completion is Indianapolis Power & Light Company's (IPL) (Indianapolis, Indiana) 671-MW Eagle Valley Energy Center in Martinsville, Indiana. Construction on the combined-cycle facility began in the first half of 2015. Chicago Bridge & Iron Company (NYSE:CBI) (The Hague, Netherlands) is acting as EPC contractor on the project, which has an estimated TIV of $600 million. The facility is being built next to the existing Eagle Valley coal-fired plant, where IPL retired units last year. 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.
