Rocky Mountain High: Arizona Tops Region with Over $1.5 Billion Investment in New Plants for 2006

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Researched by Industrial Info Resources (Sugar Land, Texas). The Rocky Mountain region is currently forecast to complete construction on 50 new industrial plants throughout 2006 (reference: PECWeb Direct). This vast region includes the states of Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming. With ten plants scheduled to open this year, representing over $1.5 billion in total investment value (TIV), Arizona takes the lead in both spending and number of new plants (20%) for the region. Colorado is second in the Rocky Mountains with eight plants carrying a TIV of $915 million presently expected to go online this year. Nevada is in third place, in terms of the project spending for its new plants, with $342 million invested to build seven new facilities. With six plants, Utah trails with a TIV of $168 million. The remaining new plants are scattered throughout the rest of the region.

As featured in Industrial Info Resources’ Rocky Mountain Online Plant Directory (RM OPD), the region is home to over 2,000 operational industrial plants. Virtually all industry sectors have a presence in the area with plants located in the states of Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah, and Wyoming. The Industrial Manufacturing group has over 340 operational plants and the Food & Beverage Industry is close behind with 336 manufacturing sites. Collectively, all of the plants in the region are forecast to invest over $17 billion for capital projects in 2006.

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.