Industrial Manufacturing
Missouri Leads Midwest in Planned First-Quarter 2012 Project Starts
Industrial Info is tracking more than 140 projects with a combined total investment value of more than $7.1 billion that are planned to kick off in the U.S. Midwest in the first quarter of 2012.
Released Monday, November 28, 2011
Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than 140 projects with a combined total investment value of more than $7.1 billion that are planned to kick off in the U.S. Midwest market region in the first quarter of 2012. The Midwest region includes the states of Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. Missouri leads the region in terms of the overall value of projects, primarily because of two large automotive sector projects.
Click in image at right for a breakdown by state of planned 1Q12 project starts in the U.S. Midwest.Ford Motor Company (NYSE:F) (Dearborn, Michigan) plans to expand its assembly plant in Kansas City, Missouri. The plant will be retooled and equipment added to expand production of the F-150 pickup. A new line will be added to manufacture the Transit full-size van, and a new stamping plant will be constructed to make sheet metals for the Transit.
In Wentzville, Missouri, General Motors Company (NYSE:GM) plans to construct a 500,000-square-foot building addition to add a new production line and implement other improvements. For related information, see October 2, 2011, article - General Motors Invests More Than $2 Billion in the U.S., Canada.
As usual in the region, wind power projects are contributing significantly to planned projects. CPV Ashley Renewable Energy Company LLC (Braintree, Massachusetts) hopes to begin construction on a 200-megawatt (MW) grassroot windfarm in North Dakota by the end of the quarter. The windfarm will be situation north of Ashley, North Dakota and will take about a year to complete. The project has an estimated total investment value of $400 million.
Information on these and other projects is available in Industrial Info's North American Project Database.
View Project Report - 300046942 300046040 031000476
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.
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