New Plant and Mine Construction Strong for the U.S. Metals & Minerals Industry

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Researched by Industrial Info Resources (Sugar Land, Texas). Currently, grassroot plant and mine construction for the Metals & Minerals Industry is strong with 32 plants under construction. These 32 projects represent more than $3.5 billion in total investment value (TIV). The two largest projects currently under construction are an $850 million steel mill being built by newcomer SeverCorr, LLC in Mississippi and a $600 million cement manufacturing plant being built by the world’s leading cement producer, Holcim in Missouri. Other companies with Metals & Minerals Industry plants under construction include Peabody Energy Corporation, Arch Coal, Incorporated, Newmont Mining, and Cardinal FG Company in Washington.

Click on the image at right to view a chart showing the breakdown of plants under construction by market region.

The Southeast market region is the most active region for new plant construction with ten plants, representing more than $1 billion in TIV. The Southeast region surpasses the Great Lakes and Mid-Atlantic regions, which both have seven plants under construction.

In addition to the 32 plants currently under construction in the U.S., there are about 140 plants and mines with a TIV of more than $20 billion under study. Leading market regions for future new grassroot plant activity include the Rocky Mountains with almost $6 billion, the Southeast with almost $4 billion, and the Midwest with $3.5 billion.

Contact Industrial Info’s Member Center at 1-800-762-3361 for details on these projects.

Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.