Ohio Leads Great Lakes Region in Industrial Project Development with $33.8 Billion

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial firms are planning more than $129 billion worth of industrial projects in the U.S. Great Lakes region, which includes Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin.

Ohio leads all states in the region, with 504 projects totaling $33.8 billion.

Click on the image at right to view a chart showing the breakdown of project development by state for the Great Lakes region.

The Food & Beverage Industry is one of the industries with increased project activity in Ohio. Family-owned grocery retailer Meijer (Grand Rapids, Michigan) recently announced that it would build a $100 million dairy near a distribution center in Tipp City, Ohio. The plant will be built in three phases to include milk, juice, yogurt and ice cream. This will be the company's second dairy facility. Meijer operates a dairy in Holland, Michigan.

Ketchup king HJ Heinz Company (Pittsburgh, Pennsylvania) will spend more than $40 million on two separate projects in Ohio. In Massilon, Ohio, the company is consolidating frozen food manufacturing operations, and in Fremont, Ohio, the company will expand ketchup-manufacturing capacity. The expansions are part of a restructuring of the company since it was acquired by Berkshire Hathaway (NYSE:BRKA) and 3G Capital last June.

After Ohio, Illinois is second with $28.2 billion and Indiana is third with $20.9 billion, followed by Michigan with $17.9 billion, Kentucky with $17.5 billion, and Wisconsin with $11 billion.

For details on these projects, subscribe to Industrial Info's North American Industrial Project Database.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine 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.