U.S. Mid-Atlantic Region Could See $7 Billion in First-Quarter 2012 Construction Starts

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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Mid-Atlantic region could see approximately $7 billion in first-quarter 2012 project starts if some of the major projects planned for the region remain on track. The region includes the states of Virginia, West Virginia, North Carolina, South Carolina and Maryland.

Click on image at right for a breakdown by state of planned 1Q12 project starts in the U.S. Mid-Atlantic market region.

The largest project that could potentially get under way next year is the planned coal-to-liquids plant in Mingo County, West Virginia. A groundbreaking ceremony for the $3 billion was held earlier this year, and site preparation has begun, although whether this project will actually begin construction next quarter remains to be seen. For additional information, see May 11, 2011, article - TransGas Holds Groundbreaking for the Adams Fork Energy Project in West Virginia. The plant will take between three and four years to complete and will be able to process 7,500 tons of coal per day into more than 750,000 gallons of gasoline.

Bridgestone Corporation (PINK:BRDCY) is planning to invest substantially in tire facility projects in Graniteville, South Carolina. The company will expand its existing facility by constructing a building addition and installing equipment to raise the plant's annual production capacity to 37,750 truck tires per year. In addition, the company will begin work on a grassroot facility to manufacture off-road radial tires. The projects have a combined total investment value of more than $1 billion.

Detailed information on these and other projects is available in Industrial Info's North American Industrial Database.

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