U.S. Gulf Coast States Plan $69.8 Billion in Industrial Projects for 2013

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Gulf Coast States, which include the states of Texas, Louisiana, Mississippi, Alabama and Florida, have approximately $69.8 billion in projects planned to kick off in 2013. While there will be some project fallout, the number represents a significant amount of projects that are in the planning and engineering stages and are currently planned to kick off construction after January 1, 2013.

Texas, with 576 projects valued at $33.1 billion, leads the Gulf Coast in both the number and value of projects. Texas is followed by Louisiana, which has 286 projects planned to kick off in 2013, valued at $24.9 billion.

The Power Industry, with $15.9 billion in planned projects, leads the states in terms of project value.

Click image at right for a breakdown by industry of planned 2013 projects in the U.S. Gulf Coast states.

The types of Power Industry projects vary by state. For example, Texas, with its wide open spaces, is heavy in windfarm activity, while we are seeing some solar activity in Florida, as well as a large power transmission project and a nuclear uprate project in the state.

In Florida, Progress Energy Florida Incorporated (Lake Mary, Florida) is planning to begin construction in late 2013 on the 200-mile, 500-kilovolt transmission line from Levy County to Hernando County. The massive project has an estimated total investment value (TIV) of $3 billion. Dillard Smith Construction Company (Palmetto, Florida) has been named general contractor on the project.

Along the Texas Gulf Coast, Pattern Energy Group (Houston, Texas) is gearing up to begin construction on Phase II of the Gulf Wind Windfarm near Sarita, Texas. The 280-megawatt first phase of the project was begun in 2008 and began commercial operations in early 2009. Phase II, which is scheduled to kick off in the fourth quarter of next year, will add 400 megawatts of power. Phase III could possibly occur after the completion of the second phase.

At our exclusive market outlook and networking event, held November 7 at the White Oak Plantation in Baton Rouge, Louisiana, Industrial Info will be discussing industrial trends in the U.S. and Canada, with special emphasis on the Gulf Coast and Southwest market regions. Industries covered will include:

• Power Generation
• Oil & Gas
• Petroleum Refining
• Chemical Processing

Registration begins at 3:30 p.m., with the outlook presentations beginning promptly at 4:00 p.m., followed by a meet and greet networking event. Click here for more information or to RSVP for this exclusive event.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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.