Uncle Sam Boosts Midwest's Investment in Pharma-Biotech Construction Starts to $1.6 Billion in Second-Quarter 2015

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Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--As a rule, the U.S. Midwest region does not usually lead in life-science spending in any given quarter. But thanks to Uncle Sam, the region, which comprises Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska and South Dakota, can boast a $1.6 billion total investment value for 22 capital and maintenance (MRO) project kick-offs during the second quarter of 2015.

The majority of the $1.6 billion is allocated for the $1.25 billion National Bio and Agro-Defense Facility (NBAF) in Manhattan, Kansas. Operating under a partnership between the U.S. Department of Homeland Security (DHS) and the U.S. Department of Agriculture's (USDA) Animal Research Service (ARS), the NBAF will be filled with elaborate laboratories ranging in biosafety levels (BSL) 1 through 4.

For more information, see March 24, 2015, article - Feds Greenlight Construction for $1.25 Billion National Bio and Agro-Defense Facility in Kansas.

The largest commercial project in the region for the quarter is the $66 million plan by the Cambrex Corporation (NYSE:CBM) (East Rutherford, New Jersey) to further expand its active pharmaceutical ingredient (API) contract manufacturing (CMO) plant in Charles City, Iowa. The company recently competed another expansion at the same site in 2013.

Click here for access to the 2015 North America Pharmaceutical & Biotech Industry Outlook.

The remaining second-quarter 2015 projects in the Midwest are scattered throughout various states, as seen in Industrial Info's Pharmaceutical & Biotech Online Database. The projects range from $1 million for scheduled maintenance programs to a $65 million university research center project.

From a dollar standpoint, the second-quarter 2015 spending on project launches in the Midwest is almost triple that of second-quarter 2014. This time last year, the industry kicked-off the same number of projects, 22, but with a tally of $730 billion. The main reason for the boost is the aforementioned federal lab project.

PROJECT_ID	TIV	PROJECT TYPE	STATE
33001345	$1,250,000,000	Grassroot	Kansas
300201263	$66,000,000	Expansion	Iowa
300196319	$65,000,000	Unit Addition	Iowa
300108033	$55,000,000	Expansion	Nebraska
300167779	$50,000,000	Grassroot	Missouri
300035320	$15,000,000	Expansion	Iowa
300160016	$15,000,000	Unit Addition	South Dakota
300172650	$10,000,000	Expansion	Minnesota
300196044	$10,000,000	Renovation	Nebraska
300105316	$7,000,000	Renovation	Minnesota
300195855	$6,000,000	Expansion	Minnesota
300126316	$3,000,000	Upgrade	Minnesota
300215020	$2,000,000	Closure	Missouri
300163861	$1,500,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Missouri
300168131	$1,500,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Nebraska
300208480	$1,500,000	Unit Addition	Minnesota
300211213	$1,000,000	Closure	Kansas
300196358	$1,000,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Missouri
300180086	$1,000,000	Expansion	South Dakota
300171724	$1,000,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Minnesota
300163936	$1,000,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Nebraska
300166633	$1,000,000	Maintenance Event (Outages, Turnarounds, Shutdowns)	Missouri

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