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Released November 23, 2015 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Mid-Atlantic region is slated to take a step back in project spending in first-quarter 2016, with slightly more than half of the total investment value (TIV) that was projected at the beginning of this quarter. Industrial Info's database shows $5.63 billion in projects set to begin construction from January through March. More than 70% of the total is attributed to three industries: Power, Industrial Manufacturing, and Food & Beverage.

Click to view Mid Atlantic 1st Quarter 2016Click on the image at right for a graph detailing active projects scheduled to kick off in the first quarter of 2016 in the Mid-Atlantic region by industry.

The Mid-Atlantic region includes Maryland, North Carolina, South Carolina, Virginia and West Virginia.

The Power Industry is far ahead of all others, with $2.42 billion in projects slated to begin construction in the Mid-Atlantic region in first-quarter 2016. Among the top-valued projects in Solaya Energy LLC's (Woburn, Massachusetts) $367.4 million construction of the Cow Knob Windfarm in Criders, Virginia. The facility is expected to comprise between 55 and 84 wind turbine generators, each with a capacity of between 2 and 3 megawatts (MW), for a total output of 167 MW. For more information, see Industrial Info's project report.

The Industrial Manufacturing Industry has a smaller, but still strong, outlook with $972 million in projects set to kick off from January through March, including the highest-valued project in South Carolina: Poly-America LP's (Grand Prairie, Texas) $100 million plastic bag-manufacturing plant in Chester, South Carolina. If all goes according to schedule, the 475,000-square-foot building will be completed in third-quarter 2017. Choate Construction Incorporated (Charlotte, North Carolina) is performing general construction services. For more information, see Industrial Info's project report.

The Food & Beverage Industry has $572 million in projects on tap to begin construction in first-quarter 2016, including Lidl Dienstleistung GmbH & Company KG's (Neckarsulm, Germany) $125 million construction of a food distribution center in Spotsylvania, Virginia. Kinsley Construction Incorporated (York, Pennsylvania) is performing general contracting services, while Little and Associates Architects (Arlington, Virginia) is serving as the architect. For more information, see Industrial Info's project report.

The seven remaining highest-valued projects set to begin construction in the Mid-Atlantic region in first-quarter 2016 are:
  • $1.2 billion: Mattawoman Energy LLC's natural gas-fired power station in Brandywine, Maryland
    For more information, see Industrial Info's project report.
  • $275 million: Antero Resources Corporation's fracking wastewater treatment and recycling facility in New Milton, West Virginia
    For more information, see Industrial Info's project report.
  • $240 million: BAE Systems Incorporated's munitions and propellant plant upgrades in Radford, Virginia
    For more information, see Industrial Info's project report.
  • $169 million: University of Maryland's Biomedical Sciences and Engineering Education Building addition in College Park, Maryland
    For more information, see Industrial Info's project report.
  • $150 million: Community Energy Resources LLC's Amazon Solar Farm in Oak Hall, Virginia
    For more information, see Industrial Info's project report.
  • $92 million: MRP Industrial's distribution center in Perryman, Maryland
    For more information, see Industrial Info's project report.
  • $90 million: CSX Corporation's state-wide freight rail network upgrade/rehabilitation program in West Virginia
    For more information, see Industrial Info's project report.
More than three-quarters of the region's total investment value (TIV)--about $4.42 billion--is related to 101 projects that are now in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending. The region also has 37 projects worth about $924 million in the engineering stages, while 69 projects worth $287 million already have kicked off the first stage of construction and will kick off the next in the first quarter.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 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.
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