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Released June 12, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Widely known for its bountiful mining and agricultural resources, the Rocky Mountains region is home to a wide variety of projects scheduled to begin construction in the second half of 2017. Industrial Info is tracking more than $25 billion worth, with the region's multifaceted Industrial Manufacturing Industry, which ranges from auto plants to tech centers, accounting for the lion's share.
Click on the image at right for a graph detailing active projects scheduled to kick off in the Rocky Mountains region in the second half of 2017, by industry.
The Rocky Mountains region includes Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming.
The region's image as a blue-collar haven belies a burgeoning sector: data management and collection, which accounts for a significant amount of the Industrial Manufacturing Industry's growth. Three related facilities are scheduled to begin construction by the end of the year: Apple Incorporated's (NASDAQ:AAPL) (Cupertino, California) $1 billion data center expansion in Reno, Nevada; Microsoft Corporation's (NASDAQ:MSFT) (Redmond, Washington) $200 million data center in Cheyenne, Wyoming; and IO Data Centers LLC's (Phoenix, Arizona) $200 million data center in Phoenix, Arizona. Apple's kickoff date is the most vulnerable to change, as the expansion remains in the permitting phase, but the IO Data and Microsoft projects have begun their engineering work.
Apple's decision to double the size of the Reno Data Center was greeted with a burst of enthusiasm from the state of Nevada--particularly the Reno City Council, which in May voted to allow Apple to buy land in downtown Reno and take advantage of millions of dollars in sales tax abatements, according to USA Today. The expansion is expected to address Apple's rapidly growing demand for iCloud storage and serve as a data-management site for Siri, FaceTime and iMessages. For more information, see Industrial Info's project reports on the Apple, IO Data and Microsoft projects.
Other high-tech sectors are staking ground in the Rockies: Lucid Motors (Menlo Park, California) expects to begin construction on a $700 million electric vehicle manufacturing plant in Casa Grande, Arizona, later this summer. The facility is designed for an initial capacity of 10,000 luxury cars per year, eventually ramping up to 60,000 per year. Governor Doug Ducey was among those who enthusiastically announced the project last year. For more information, see Industrial Info's project report.
As the driving force behind second-half kickoffs, Industrial Manufacturing has supplanted the Metals & Minerals Industry, which has faced years of challenging market conditions, particularly in the coal-mining sector. But at least two projects show there's at least some room for growth: Tri-State Generation & Transmission Association's (Westminster, Colorado) $200 million expansion of Colowyo Coal Mine in Meeker, Colorado, and RAMACO Resources Incorporated's (Lexington, Kentucky) $100 million construction of Book Coal Mine near Sheridan, Wyoming.
Western Fuels Colorado, a subsidiary of Tri-State, plans to construct two open pits to extend the life of the 2.4 million-ton-per-year Colowyo mine by 19 years; RAMACO hopes to build a 6 million- to 8 million-ton-per-year surface highwall mine. The Colowyo project is undergoing site preparation, but the Book project is in its permitting phase, where plenty of factors could delay, increase or reduce spending. For more information, see Industrial Info's project reports on the Colowyo and Book mines.
Despite these gains for coal, renewable-energy developers also are finding fortune in the Rocky Mountains region. Terra Firma Capital Partners Limited (London, England) and EverPower Wind Holdings Incorporated (Pittsburgh, Pennsylvania) are slated to begin construction on the Mud Springs Wind Energy Center in Billings, Montana, including the $99 million "Pryor Cave" Phase I, the $99 million "Mud Springs" Phase II and the $99 million "Horse Thief" Phase III. Each phase will comprise the construction of 40 turbines, each with a capacity of 2 megawatts, for a total of 240 MW. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
The Rocky Mountains region includes Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming.
The region's image as a blue-collar haven belies a burgeoning sector: data management and collection, which accounts for a significant amount of the Industrial Manufacturing Industry's growth. Three related facilities are scheduled to begin construction by the end of the year: Apple Incorporated's (NASDAQ:AAPL) (Cupertino, California) $1 billion data center expansion in Reno, Nevada; Microsoft Corporation's (NASDAQ:MSFT) (Redmond, Washington) $200 million data center in Cheyenne, Wyoming; and IO Data Centers LLC's (Phoenix, Arizona) $200 million data center in Phoenix, Arizona. Apple's kickoff date is the most vulnerable to change, as the expansion remains in the permitting phase, but the IO Data and Microsoft projects have begun their engineering work.
Apple's decision to double the size of the Reno Data Center was greeted with a burst of enthusiasm from the state of Nevada--particularly the Reno City Council, which in May voted to allow Apple to buy land in downtown Reno and take advantage of millions of dollars in sales tax abatements, according to USA Today. The expansion is expected to address Apple's rapidly growing demand for iCloud storage and serve as a data-management site for Siri, FaceTime and iMessages. For more information, see Industrial Info's project reports on the Apple, IO Data and Microsoft projects.
Other high-tech sectors are staking ground in the Rockies: Lucid Motors (Menlo Park, California) expects to begin construction on a $700 million electric vehicle manufacturing plant in Casa Grande, Arizona, later this summer. The facility is designed for an initial capacity of 10,000 luxury cars per year, eventually ramping up to 60,000 per year. Governor Doug Ducey was among those who enthusiastically announced the project last year. For more information, see Industrial Info's project report.
As the driving force behind second-half kickoffs, Industrial Manufacturing has supplanted the Metals & Minerals Industry, which has faced years of challenging market conditions, particularly in the coal-mining sector. But at least two projects show there's at least some room for growth: Tri-State Generation & Transmission Association's (Westminster, Colorado) $200 million expansion of Colowyo Coal Mine in Meeker, Colorado, and RAMACO Resources Incorporated's (Lexington, Kentucky) $100 million construction of Book Coal Mine near Sheridan, Wyoming.
Western Fuels Colorado, a subsidiary of Tri-State, plans to construct two open pits to extend the life of the 2.4 million-ton-per-year Colowyo mine by 19 years; RAMACO hopes to build a 6 million- to 8 million-ton-per-year surface highwall mine. The Colowyo project is undergoing site preparation, but the Book project is in its permitting phase, where plenty of factors could delay, increase or reduce spending. For more information, see Industrial Info's project reports on the Colowyo and Book mines.
Despite these gains for coal, renewable-energy developers also are finding fortune in the Rocky Mountains region. Terra Firma Capital Partners Limited (London, England) and EverPower Wind Holdings Incorporated (Pittsburgh, Pennsylvania) are slated to begin construction on the Mud Springs Wind Energy Center in Billings, Montana, including the $99 million "Pryor Cave" Phase I, the $99 million "Mud Springs" Phase II and the $99 million "Horse Thief" Phase III. Each phase will comprise the construction of 40 turbines, each with a capacity of 2 megawatts, for a total of 240 MW. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
