Since 2000, Rocky Mountain Region Has Gained 372 Facilities

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Researched by Industrial Info Resources (Sugar Land, Texas) — With life’s busy schedule, the years quickly slip by, making the start of the new millennium appear as yesterday’s occurrence. The Rocky Mountain region has indeed remained busy by adding 372 new industrial sites to the region from the beginning of 2000 until now. Statistics for new plant openings in the region are fairly consistent from 2000-04 with an average of 45 facilities being added each year. A tremendous increase took the trend in a different direction in 2005, when the number of new facilities that became operational jumped to 73.

Click on the image at right to view a chart showing the breakdown of plant startups in the Rockies.

The Transmission Oil and Gas sector has not only led the region in bringing 109 plants (mainly compressor stations) to the area during the past seven years, but it also had the most number of new facilities in 2005 with 26 operational sites added. This sector also continues to maintain the No. 1 spot with the total number operational plants in the market region with 380 facilities.

From the investment standpoint, the power industry sparked up and took the lead, spending more than $12 billion on 63 new plants for the region. One of the largest investments for the sector was the construction of an $80 million windfarm in Harlowton, Montana, by Invenergy LLC (Chicago, Illinois), which was completed in December 2005.

The outlook for the remainder of the decade indicates that the Rocky Mountains will continue to flourish. A 63 percent increase is expected because of the proposed 237 new plants, when compared with the 372 plants that have already been added to the region since 2000. The year with the most activity for the latter part of the decade is 2008 with 112 plant sites starting up with 43 within the Power Industry.

The region, as covered in Industrial Info’s Rocky Mountain Online Plant Directory, includes Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming, and consists of more than 2,159 operational industrial plants. The Oil & Gas Transmission Industry, with 380 operational plants, is the industry group leader within the region. Metals and Minerals is also a thriving industry in the region with 333 production plants, with Food and Beverage not too far behind with 326.

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