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Released February 21, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--All indications point to a strong industrial future for Ohio, where Industrial Info is tracking nearly $50 billion worth of projects under construction. The spending largely is led by a few cutting-edge projects, including semiconductor fabrication plants and an electric vehicle facility.
By far the largest project that is underway in the state actually comes in the form of two projects from Intel Corporation (NASDAQ:INTC) (Santa Clara, California), which has benefited substantially from funding from the CHIPS and Science Act, passed under the Biden administration in August 2022. Projects Cardinal and Dragonfly are underway in New Albany, just northeast of Columbus. The fabrication plants, or fabs as they are known in the industry, are being built in the New Albany International Business Park and will encompass approximately 1.4 million square feet, housing equipment and facilities typically seen such facilities, such as cleanrooms and air separation units. Engineering, procurement and construction contractor Bechtel (Reston, Virginia) broke ground on the fabs in 2022 and is expected to wrap up construction on both of them in late 2026, when they will begin producing chips for the automotive, electronics and data center markets. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.
While Intel's two projects dominate Ohio's project spending, accounting for more than 50% of the total amount, a couple of other $1 billion-plus projects have made it into the state. In 2024, Ford Motor Company (NYSE:F) (Dearborn, Michigan) announced that it would expand its 419-acre Ohio Assembly Plant in Lorain County by constructing a 750,000-square-foot building addition to be used for the manufacture of electric vehicle (EV) models, including a new all-electric van. The move is expected to add 1,800 jobs at the plant. Tool installation is expected to begin this spring, leaving about another year of construction and putting the plant on track to begin producing its EV models and components in 2026. Subscribers can click here to learn more about the project.
While construction of natural gas-fired power plants has slowed substantially in the U.S. in recent years, giving way to renewable forms of energy such as wind and solar power, there has been renewed interest from the power sector regarding this fuel type as utilities question how they will cope with increasing baseload power demands, particularly in areas with a large amount of power-hungry data centers. As the use of artificial intelligence (AI) platforms becomes more commonplace, larger data centers that use more power are being constructed for which intermittent forms of power such as wind and solar may not be adequate. The one-month-old Trump 2 administration has made fossil fuels and nuclear power a priority, opening the door to a potential wave of renewed natural gas-fired construction.
Ohio is on the cutting edge of the trend with the new Trumbull Energy Center in Lordstown. The plant's owner, Clean Energy Future (Manchester, Massachusetts), is itself majority-owned by Korea Electric Power Corporation (Naju, South Korea). When completed next year, the combined-cycle plant will generate approximately 950 megawatts (MW) of power for northeastern Ohio and western Pennsylvania. Subscribers to Industrial Info's Power Project Database can click here for more details on the project.
And while plans for the new power plant may have been formulated before the rapid rise of data centers began causing concerns about power, the new power facility almost certainly will be serving these facilities. Industrial Info is tracking more than $6 billion worth of data centers under construction in Ohio, many from familiar Big Tech companies such as Google Incorporated (Mountain View, California), Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California) and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington). Subscribers to Industrial Info's GMI Project Database can learn more by viewing the related project reports.
While Ohio's high-tech sectors are busy with projects, other industries such as Food & Beverage and Chemical Processing also are showing movement in the state. Agriculture represents an important component of Ohio's economy, and soybeans are a definite cash crop. Seizing on a perceived need, Louis Dreyfus Commodities LLC (Rotterdam, Netherlands) last year started work on a soybean-crushing facility in Wyandot County. The facility will be able to crush 1.5 million metric tons of soybeans per year, resulting in 320,000 metric tons per year of edible soybean oil and 7,500 tons per year of lecithin production when completed late next year. Subscribers to Industrial Info's Food & Beverage Project Database can click here for more details on the project.
Proctor & Gamble Company (NYSE:PG) (Cincinnati, Ohio) is investing in its home state with the construction of a laundry additives plant in Lima. Announced in 2022, the project broke ground late last year. The plant will be Proctor & Gamble's only facility to manufacture its Gain and Downey Unstoppable laundry scent beads, which currently are made by contract manufacturers. At the time of the project announcement, the company announced that sales in this line of products had grown exponentially since its inception 11 years prior. The project is expected to be completed in the first half of next year. Subscribers to Industrial Info's Chemical Processing Project Database can learn more by viewing the project report.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
By far the largest project that is underway in the state actually comes in the form of two projects from Intel Corporation (NASDAQ:INTC) (Santa Clara, California), which has benefited substantially from funding from the CHIPS and Science Act, passed under the Biden administration in August 2022. Projects Cardinal and Dragonfly are underway in New Albany, just northeast of Columbus. The fabrication plants, or fabs as they are known in the industry, are being built in the New Albany International Business Park and will encompass approximately 1.4 million square feet, housing equipment and facilities typically seen such facilities, such as cleanrooms and air separation units. Engineering, procurement and construction contractor Bechtel (Reston, Virginia) broke ground on the fabs in 2022 and is expected to wrap up construction on both of them in late 2026, when they will begin producing chips for the automotive, electronics and data center markets. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.
While Intel's two projects dominate Ohio's project spending, accounting for more than 50% of the total amount, a couple of other $1 billion-plus projects have made it into the state. In 2024, Ford Motor Company (NYSE:F) (Dearborn, Michigan) announced that it would expand its 419-acre Ohio Assembly Plant in Lorain County by constructing a 750,000-square-foot building addition to be used for the manufacture of electric vehicle (EV) models, including a new all-electric van. The move is expected to add 1,800 jobs at the plant. Tool installation is expected to begin this spring, leaving about another year of construction and putting the plant on track to begin producing its EV models and components in 2026. Subscribers can click here to learn more about the project.
While construction of natural gas-fired power plants has slowed substantially in the U.S. in recent years, giving way to renewable forms of energy such as wind and solar power, there has been renewed interest from the power sector regarding this fuel type as utilities question how they will cope with increasing baseload power demands, particularly in areas with a large amount of power-hungry data centers. As the use of artificial intelligence (AI) platforms becomes more commonplace, larger data centers that use more power are being constructed for which intermittent forms of power such as wind and solar may not be adequate. The one-month-old Trump 2 administration has made fossil fuels and nuclear power a priority, opening the door to a potential wave of renewed natural gas-fired construction.
Ohio is on the cutting edge of the trend with the new Trumbull Energy Center in Lordstown. The plant's owner, Clean Energy Future (Manchester, Massachusetts), is itself majority-owned by Korea Electric Power Corporation (Naju, South Korea). When completed next year, the combined-cycle plant will generate approximately 950 megawatts (MW) of power for northeastern Ohio and western Pennsylvania. Subscribers to Industrial Info's Power Project Database can click here for more details on the project.
And while plans for the new power plant may have been formulated before the rapid rise of data centers began causing concerns about power, the new power facility almost certainly will be serving these facilities. Industrial Info is tracking more than $6 billion worth of data centers under construction in Ohio, many from familiar Big Tech companies such as Google Incorporated (Mountain View, California), Meta Platforms Incorporated (NASDAQ:META) (Menlo Park, California) and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington). Subscribers to Industrial Info's GMI Project Database can learn more by viewing the related project reports.
While Ohio's high-tech sectors are busy with projects, other industries such as Food & Beverage and Chemical Processing also are showing movement in the state. Agriculture represents an important component of Ohio's economy, and soybeans are a definite cash crop. Seizing on a perceived need, Louis Dreyfus Commodities LLC (Rotterdam, Netherlands) last year started work on a soybean-crushing facility in Wyandot County. The facility will be able to crush 1.5 million metric tons of soybeans per year, resulting in 320,000 metric tons per year of edible soybean oil and 7,500 tons per year of lecithin production when completed late next year. Subscribers to Industrial Info's Food & Beverage Project Database can click here for more details on the project.
Proctor & Gamble Company (NYSE:PG) (Cincinnati, Ohio) is investing in its home state with the construction of a laundry additives plant in Lima. Announced in 2022, the project broke ground late last year. The plant will be Proctor & Gamble's only facility to manufacture its Gain and Downey Unstoppable laundry scent beads, which currently are made by contract manufacturers. At the time of the project announcement, the company announced that sales in this line of products had grown exponentially since its inception 11 years prior. The project is expected to be completed in the first half of next year. Subscribers to Industrial Info's Chemical Processing Project Database can learn more by viewing the project report.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
