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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than 300 active Industrial Manufacturing projects in Texas, valued at more than $33 billion. The projects encompass a broad range of sectors, including rail, data centers, automotive, distribution and warehousing, and more.
Click on the image at right for a breakdown by sector of active Industrial Manufacturing projects in Texas.
With changing technologies comes the need for upgrades and expansions to semiconductor manufacturing plants, and Industrial Info is tracking more than $3.5 billion in active projects in Texas in this sector. Among those underway is Samsung Group's (Seoul, South Korea) expansion of its wafer fab plant in Austin. The project kicked off late last year and entails remodeling and improving various production lines by adding and replacing main and auxiliary tools, as well as some structural modifications. The $291 million project is expected to wrap up by the end of 2023. For more information, see Industrial Info's project report.
Data centers are springing up in Texas and are concentrated in the Dallas-Fort Worth metropolitan area. In Allen, about 25 miles north of Dallas, CyrusOne LLC (Dallas) is approaching the end of Phase I construction on a grassroot data center, which includes three 60,000-square-foot data halls, 56,000 square feet of office space and two loading docks. The project kicked off in 2017 and is expected to be completed in the first quarter of next year. Structure Tone Incorporated (Dallas) is the general contractor. Phase II and III expansions are being planned. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
A couple of automotive projects are being launched in San Antonio. Toyota Motor Corporation (NYSE:TM) (Tokyo, Japan) is planning next year to upgrade its truck and sport utility vehicle assembly campus, a project that will take about three years and increase production capacity of the 270,000-vehicle-per-year plant. Navistar International Corporation (Lisle, Illinois) is in the planning stage for a grassroot truck assembly plant, which could begin construction next year. Navistar manufactures commercial trucks, buses, military vehicles and engines. The company plans to invest about $250 million in the project. For more information, see Industrial Info's project reports on the Toyota and Navistar projects.
The oil and gas sector is an important part of the Lone Star State's economy, and Corpus Christi is becoming a hub for crude oil exports. Earlier this year, the Port of Corpus Christi with the U.S. Army Corps of Engineers began a widening and deepening project at the port's ship channel to increase it to 54-foot depth and 530-foot width to accommodate tankers and bulk carriers. The project also entails constructing additional barge shelves to allow for two-way vessels and barge traffic. The $380 million project is expected to wrap up in late 2022. For more information, see Industrial Info's project report.
Distribution and warehousing projects also feature in the state's activity. In Katy, about 30 miles west of Houston, Costco Wholesale Corporation (NASDAQ:COST) (Issaquah, Washington) recently kicked off construction on a grassroot distribution center. The building will be about 450,000 square feet and will support regional distribution operations. Construction is expected to be completed next summer. For more information, see Industrial Info's project report.
Mention should be made of the largest Texas Industrial Manufacturing being tracked by Industrial Info, although it has been assessed as having a low probability of carrying forward as planned. Texas Central Partners' (Dallas, Texas) planned high-speed bullet train between Dallas and Houston faces an uphill battle, including long permitting waits and opposition from advocacy groups and landowners. However, the project is seeing some movement. In September, the Federal Railroad Administration (FRA) granted a petition for rulemaking to issue a Rule of Particular Applicability (RPA). The RPA is a set of regulations that will govern aspects of the project such as safety and security.
In the Dallas Business Journal, Holly Reed, the managing director of external affairs for Texas Central, speaking of the FRA's decision, said, "It truly is a major milestone in the history of the project. What it does is it puts us on the path to construction next year." Texas Central is now waiting on the FRA to issue the RPA and an environmental impact study. Reed said that once these actions take place, Texas Central will close financing and begin infrastructure construction. The project will take between five and six years to complete. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
Click on the image at right for a breakdown by sector of active Industrial Manufacturing projects in Texas.With changing technologies comes the need for upgrades and expansions to semiconductor manufacturing plants, and Industrial Info is tracking more than $3.5 billion in active projects in Texas in this sector. Among those underway is Samsung Group's (Seoul, South Korea) expansion of its wafer fab plant in Austin. The project kicked off late last year and entails remodeling and improving various production lines by adding and replacing main and auxiliary tools, as well as some structural modifications. The $291 million project is expected to wrap up by the end of 2023. For more information, see Industrial Info's project report.
Data centers are springing up in Texas and are concentrated in the Dallas-Fort Worth metropolitan area. In Allen, about 25 miles north of Dallas, CyrusOne LLC (Dallas) is approaching the end of Phase I construction on a grassroot data center, which includes three 60,000-square-foot data halls, 56,000 square feet of office space and two loading docks. The project kicked off in 2017 and is expected to be completed in the first quarter of next year. Structure Tone Incorporated (Dallas) is the general contractor. Phase II and III expansions are being planned. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
A couple of automotive projects are being launched in San Antonio. Toyota Motor Corporation (NYSE:TM) (Tokyo, Japan) is planning next year to upgrade its truck and sport utility vehicle assembly campus, a project that will take about three years and increase production capacity of the 270,000-vehicle-per-year plant. Navistar International Corporation (Lisle, Illinois) is in the planning stage for a grassroot truck assembly plant, which could begin construction next year. Navistar manufactures commercial trucks, buses, military vehicles and engines. The company plans to invest about $250 million in the project. For more information, see Industrial Info's project reports on the Toyota and Navistar projects.
The oil and gas sector is an important part of the Lone Star State's economy, and Corpus Christi is becoming a hub for crude oil exports. Earlier this year, the Port of Corpus Christi with the U.S. Army Corps of Engineers began a widening and deepening project at the port's ship channel to increase it to 54-foot depth and 530-foot width to accommodate tankers and bulk carriers. The project also entails constructing additional barge shelves to allow for two-way vessels and barge traffic. The $380 million project is expected to wrap up in late 2022. For more information, see Industrial Info's project report.
Distribution and warehousing projects also feature in the state's activity. In Katy, about 30 miles west of Houston, Costco Wholesale Corporation (NASDAQ:COST) (Issaquah, Washington) recently kicked off construction on a grassroot distribution center. The building will be about 450,000 square feet and will support regional distribution operations. Construction is expected to be completed next summer. For more information, see Industrial Info's project report.
Mention should be made of the largest Texas Industrial Manufacturing being tracked by Industrial Info, although it has been assessed as having a low probability of carrying forward as planned. Texas Central Partners' (Dallas, Texas) planned high-speed bullet train between Dallas and Houston faces an uphill battle, including long permitting waits and opposition from advocacy groups and landowners. However, the project is seeing some movement. In September, the Federal Railroad Administration (FRA) granted a petition for rulemaking to issue a Rule of Particular Applicability (RPA). The RPA is a set of regulations that will govern aspects of the project such as safety and security.
In the Dallas Business Journal, Holly Reed, the managing director of external affairs for Texas Central, speaking of the FRA's decision, said, "It truly is a major milestone in the history of the project. What it does is it puts us on the path to construction next year." Texas Central is now waiting on the FRA to issue the RPA and an environmental impact study. Reed said that once these actions take place, Texas Central will close financing and begin infrastructure construction. The project will take between five and six years to complete. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
