Industrial Manufacturing
Michigan Holds $2.61 Billion in Second-Quarter 2016 Kickoffs
Dominated by the Industrial Manufacturing Industry, Michigan hosts 73 projects worth $2.61 billion kicking off this quarter.
Released Monday, April 11, 2016
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Researched by Industrial Info Resources (Sugar Land, Texas)--Dominated by the Industrial Manufacturing Industry, Michigan hosts 73 projects worth $2.61 billion kicking off in this quarter. The Oil & Gas Pipelines Industry and the Power Industry also have substantial project spending.
The Wolverine State has 13 industrial manufacturing projects with a cumulative total investment value (TIV) of $1.4 billion. The $877 million body shop expansion at an assembly plant in Flint is the biggest. Owned by General Motors Company (NYSE:GM) (Detroit, Michigan), the project includes the construction of an 883,000 square-foot body shop at a crew- and regular-cab truck manufacturing campus.
Oil and gas pipelines include the kickoff of two projects worth $425 million. The larger one is the $300 million Adrian Rover Grassroot Natural Gas Pipeline, which is owned by Energy Transfer Partners LP (NYSE:ETP) (Dallas, Texas). This project is part of the 710-mile Rover Pipeline project from the Utica and Marcellus shales. It entails the installation of 179 miles of transmission pipeline to move 1.3 billion cubic feet per day (Bcf/d) of natural gas from the Midwest Hub near Adrian, Michigan to the international border near Dawn, Ontario.
Michigan has 15 power projects valued at $394 million. A brownfield 50-megawatt (MW) biomass combined heat and power project is at the top, with a TIV of $90 million. Located in the city of Gwinn, the project is owned by Marquette Green Energy LLC (Belleville, Michigan). It consists of a fuel processing and handling system, steam turbine and modifications of existing boiler to burn biomass (woodchip and wood waste) at a former combined heat and power plant.
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 https://www.industrialinfo.com/.
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