U.S. Mid-Atlantic Re-energizes with More than $12.5 Billion in Second-Quarter 2016 Project Kickoffs

Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Mid-Atlantic region is returning to health, with $12.57 billion worth of projects set to begin construction in second-quarter 2016, according to Industrial Info's project database. The total investment value (TIV), which is the region's highest for any quarter in almost two years, is driven by a variety of projects spanning the renewable, non-renewable and manufacturing-related industries. More than 80% of the TIV can be attributed to just three industries: Industrial Manufacturing, Power and Pulp, Paper & Wood.

Click on the image at right for a graph detailing active projects scheduled to kick off in the second 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 Industrial Manufacturing Industry is out in front with $4.1 billion in projects set to begin construction from April through June, more than half of which is attributed to the Maryland Department of Transportation's $2.37 billion expansion of the Purple Line light rail system near Baltimore. The 16-mile addition, which runs from Bethesda to New Carrolton, has been in the preliminary engineering phase for almost a year; like many commuter rail projects across the country, it has faced lengthy delays while awaiting government funding. Jacobs Engineering Group Incorporated (NYSE:JEC) (Pasadena, California) is serving as consultant. For more information, see Industrial Info's project report.

The Power Industry is in a solid second place with $3.77 billion in projected kickoffs for the second quarter, one of the largest being Quantum Energy Partners' (Houston, Texas) $615 million energy center in Moundsville, West Virginia. The 549-megawatt (MW), natural gas-fired, combined-cycle (NGCC) power plant would run on a 2-on-1 configuration, utilizing two 196-MW General Electric (NYSE:GE) combustion turbine generators, with duct-fired heat-recovery steam generators, and a 133,MW GE steam turbine generator. For more information, see Industrial Info's project report.

The Pulp, Paper & Wood Industry is looking at $2.26 billion worth of construction starts in the second quarter, almost all of which is attributed to Shandong Tranlin Paper Group Company Limited's $2 billion pulp and paper mill in Chesterfield, Virginia. The new mill, which will produce "tree free" paper products from agricultural field waste, is still in the preliminary design phase. For more information, see Industrial Info's project report.

The seven other highest-value projects set to begin construction from April through June are:

• $1.2 billion: Panda Power Funds' Mattawoman Generating Station in Brandywine, Maryland
  For more information, see Industrial Info's project report.
• $650 million: Duke Energy Corporation's Asheville Power Station in Arden, North Carolina
  For more information, see Industrial Info's project report.
• $350 million: Montgomery County Department of Economic Development's White Oak Biotech Mixed-Use Site in Silver Spring, Maryland
  For more information, see Industrial Info's project report.
• $250 million: Inova Health System's cancer research center in Fairfax, Virginia
  For more information, see Industrial Info's project report.
• $235 million: LS Power Group's Doswell Energy Center in Ashland, Virginia
  For more information, see Industrial Info's project report.
• $200 million: GrowGreen Power Incorporated's biomass-power and greenhouse facility in Wadesboro, North Carolina
  For more information, see Industrial Info's project report.
• $200 million: MarkWest Energy Partners LP's Majorsville Natural Gas Processing Complex expansion in Dallas, West Virginia
  For more information, see Industrial Info's project report.

More than half of the total TIV--$6.68 billion--is related to 109 projects that currently are in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending. The Mid-Atlantic region also has 48 projects worth nearly $5.66 billion in the engineering stages, while 111 projects worth about $231 million already have kicked off the first stage of construction.

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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.