Top 20 North American Industrial Companies Planning More Than $16.6 Billion in Projects for 2006

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Houston-November 15, 2005-Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Which companies will be spending big bucks in the U.S. and Canada in 2006? How much will they spend? Where? What? When? How? And Why? If you are asking these questions then you have come to the right place for the answers.

Industrialinfo.com recently analyzed its North American Industrial Database of continuously updated industrial project information and identified the Top 20 industrial companies for 2006. The list shows the Top 20 companies based on number of projects with planned construction starts in 2006. The Top 20 companies are developing a combined 411 projects planned for 2006, with a total investment value exceeding $16.6 billion.

Click on the image at right to view the 2006 Top 20 Companies List.

With record-breaking energy consumption and roller coaster electrical and fuel prices, it’s not surprising that the first eleven companies on the list are energy-related firms in the Power or Petroleum Refining Industries. The top two companies are oil and gas companies. Valero Energy Corporation is number one with 56 projects under development with potential construction starts in 2006. These projects represent over $1 billion in total investment value and involve mainly unit additions and expansions at the company’s refineries to meet low sulfur diesel specifications and maximize production. ConocoPhillips is second on the list with 35 projects totaling $1.8 billion. ConocoPhillips is planning oil sands expansions in Alberta, and a number of major turnarounds at petroleum refineries in the U.S.

The first non-energy related firm on the list is Lafarge North America, the construction materials producer, which has a number of cement manufacturing plant and gypsum wallboard plant project work planned for 2006.

Two Pulp & Paper Industry companies made the list. International Paper Company with seventeen projects planned and Weyerhaeuser Company with fourteen projects.

If you have more who, what, where, when, and why questions regarding the 411 projects mentioned in this article, or other questions regarding the industrial marketplace contact Industrialinfo.com’s Member Center at 1-800-762-3361, or read more about our products to help your company get to market at Products and Services.

Industrial Information Resources (IIR) is a Marketing Information Service company that has been doing business for over 22 years. IIR is respected as a leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.