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Released December 26, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--While Oklahoma is largely known as an oil and gas state, the petroleum sector features relatively little in the state's industrial projects that are presently under construction. Of the $3 billion worth of under-construction projects that Industrial Info is tracking in the Sooner State, activity is dominated by the Power and Industrial Manufacturing industries.

Oklahoma ranked third in the nation for net generation from wind power in 2022 and seems intent with keeping this high ranking in the form of a couple of large windfarms under construction. The larger of these, TransAlta Corporation's (NYSE:TAC) (Calgary, Alberta) White Rock Windfarm near Anadarko, has been under construction since earlier this year. The facility is divided into East and West segments, with the East segment having 34 turbines and the West segment having 17. Together, the 51 turbines will generate about 300 megawatts (MW) of power beginning in the first half of next year, when engineering, procurement and construction (EPC) contractor M.A. Mortenson Company (Minneapolis, Minnesota) is expected to complete the project. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details of the project.

TransAlta is also responsible for the other large wind facility under construction in Oklahoma: the 200-MW Horizon Hill Windfarm in Logan County. The windfarm will feature 34 turbines, each rated at 5.8 MW, to achieve net generation of about 200 MW. Although EPC contractor IEA White Construction began construction on the project around the same time as the White Rock Windfarm, completion of this project is expected later, in the fourth quarter of 2024. Subscribers can click here for more information.

While Oklahoma doesn't have the reputation for being much of an automotive state, an electric vehicle (EV) startup is changing that. Canoo (NASDAQ:GOEV) (Torrance, California) will produce its Lifestyle and Lifestyle Delivery vehicles, which are van-like vehicles similar to a Volkswagen microbus, at its new Oklahoma City plant. Canoo is renovating an existing 630,000-square-foot facility to manufacture up to 20,000 of the vehicles per year.

About 150 miles northeast in Pryor, Canoo is renovating another building, this one 100,000 square feet, to produce its proprietary battery modules. Both the EV- and battery-manufacturing plants are on track to be completed next year.

In its first year of production, Canoo only will sell to fleet customers, although individuals can now make a deposit to preorder vehicles for themselves. Among the customers the company has already lined up is Walmart Incorporated (NYSE:WMT) (Bentonville, Arkansas), which has placed an order for 4,500 of the EVs, while the state itself reserves the right to purchase up to 1,000. Other companies also have placed orders.

Subscribers to Industrial Info's Industrial Manufacturing Project Database can learn more by viewing the project reports on the battery plant and EV facility.

A metals and minerals project related to both windfarms and EVs is underway in Stillwater. The sintered neo-magnets that will be produced at the facility are used not only in wind turbines and EVs, but also mobile electronic devices and military hardware. Rather than starting with new equipment, project owners USA Rare Earth LLC (Tampa, Florida), which has an 80% stake in the project, and Texas Mineral Resources Corporation (Sierra Blanca, Texas) (20%) are dismantling a former plant and production line in North Carolina that was shuttered in 2015 and setting up shop in Oklahoma. After completion, which is expected next summer, the plant will be able to produce 1,200 tons per year of neodymium magnets.

The facility will source its materials from a rare-earth mine and separation complex under construction in Sierra Blanca, Texas, this time with ownership roles reversed: Texas Mineral Resources Corporation is 80% owner while USA Rare Earths holds the remaining 20%. The mine and separation plant are expected to produce 2,569 tons per year of heavy rare earth elements along with 10,000 tons per year of lithium, beryllium and uranium as byproducts over a 20-year mine life. Subscribers can learn more by viewing project reports on the magnet facility and mine complex.

Finally, ice cream lovers will be glad to know that Blue Bell Creameries Incorporated (Brenham, Texas) recently began a major expansion of one of its three U.S. manufacturing plants. The company is adding 100,000 square feet to its existing 150,000-square-foot plant in Broken Arrow, Oklahoma, as well as adding manufacturing equipment to increase both production capacity and warehouse space. Ice cream fans can expect more ice cream to begin rolling off the plant's lines in the summer of 2025, when the project is expected to be completed. Subscribers to Industrial Info's Food & Beverage Project Database can click here for more details.

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).

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