Power and Ethanol Fuel Iowa’s $6.5 Billion Industrial Project Development

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Researched by Industrial Info Resources (Sugar Land, Texas). With more than 110 industrial projects scheduled to begin construction in 2007 and beyond, Iowa is attracting some major project development. The Power Industry accounts for 73% of the planned project spending from 40 projects, including merchant power plant construction, coal-fired unit additions, and several grassroot windfarms.

Click on the image at right to view a chart showing the breakdown of project spending in Iowa by industry.

Iowa is the leading state in the nation for Alternative Fuel Industry production plant construction. The Alternative Fuels Industry is the second largest industry in the state for future project spending with nine grassroot plants planned worth $931 million. Iowa’s corn farmers are cashing in to support America’s future ethanol fuel demand. Most recently, construction for Tate & Lyle North America’s (Decatur, Illinois) new ethanol and starch plant is underway in Fort Dodge, Iowa. For details see related October 10, 2006, news article - Tate & Lyle Waiting on Corn Harvest Before Starting Construction on New Wet Corn Mill Ethanol and Starches Plant in Iowa.

Combined the Power and Alternative Fuel industries account for 89% of future industrial project spending in the state. Other contributors include Pharma-Biotech with $237 million, and Industrial Manufacturing with $190 million.

As part of the state Midwest Region, which in addition to Iowa includes Kansas, Missouri, Minnesota, Nebraska, as well as North and South Dakota, Iowa is home to 675 major industrial plants. Access to plant management contacts, addresses, phone numbers and more can be attained by subscribing to Industrial Info’s Midwest Online Plant Directory. Click on the image at right to try out a free demo today!

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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.