U.S. Gulf Coast Region Looks at $82 Billion Future Industrial Project Activity

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Researched by industrial Info Resources (Sugar Land, Texas). Representing about 10% of the nation’s industrial project spending, based on projects scheduled to begin construction in 2007 or beyond, the US Gulf Coast Region is one of the nation’s key industrial regions. This area includes the coastal areas of Texas, Louisiana, Mississippi, Alabama as well as Florida’s Gulf of Mexico border. Industrial Info is tracking more than $82 billion in industrial projects scheduled to begin construction in 2007 or beyond. More than 1,100 projects are in various stages of precommisioned statuses, including planning, engineering or under construction.

Click on the image at right to view a chart showing the breakdown of planned project spending on the Gulf Coast by industry.

Being close to the Gulf of Mexico’s rich hydrocarbon reserves and having excellent distribution infrastructure (waterways, rail, pipelines), the Gulf Coast Region is one of the most densely populated regions for industrial plants in the country. The Gulf Coast Region is home to just under 2,400 major operational industrial plants. Companies are developing 212 grassroot industrial plants. Thirty-two of these plants are currently under construction while the rest are in the planning and engineering stages.

The majority of the project development in the Gulf Coast Region is for energy-related projects, such as power plants, petroleum refineries, LNG, oil & natural gas terminals, ethanol and petrochemicals. There are 31 grassroot power plants planned and 32 grassroot alternative fuels (ethanol, biodiesel) plants planned.

Gain access to plant management contacts, addresses, phone numbers, and more for 2,468 industrial plants in the Gulf Coast Online Plant Directory. Click on the link to try a free demo.

Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns.