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Researched by Industrial Info Resources (Sugar Land, Texas)--As with many other regions in the U.S., natural gas-related projects are driving much of the currently projected growth in the Mid-Atlantic region for next year, both in power generation and transmission. Industrial Info is tracking $29.59 billion in active projects set to begin construction in the Mid-Atlantic region in 2017, more than 70% of which can be found in four industries: Power Generation, Industrial Manufacturing, Oil & Gas Pipelines, and Pulp, Paper & Wood.
Click on the image at right for a graph detailing active projects scheduled to kick off in 2017 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 ahead of all others with $9.47 billion worth of projects set to begin construction in the Mid-Atlantic in 2017, much of which is attributed to the growing popularity of natural gas. West Virginia, normally seen as a top destination for the coal-fired power market, is seeing some major natural gas-fired development of its own, such as Quantum Energy Partners' (Houston, Texas) $615 million energy center in Moundsville. The 549-megawatt (MW), combined-cycle power plant would run on a 2-on-1 configuration, utilizing two 196-MW combustion turbine generators and a 133-MW steam turbine generator, likely provided by General Electric (NYSE:GE). For more information, see Industrial Info's project report.
The Industrial Manufacturing Industry's $4.77 billion in 2017 Mid-Atlantic kickoffs are attributed mostly to transportation-related projects, the largest of which is Metropolitan Washington Airports Authority's proposed, $1.2 billion renovation at the Ronald Reagan International Airport in Washington, D.C. The city plans to construct a new North Concourse and a 1,600-space parking garage; renovate terminals A, B and C, as well as 14 gates and National Hall, which is a main street for shops and eateries on the concourse level; and improve roadways and the airfield pavement, to increase airport capacity. For more information, see Industrial Info's project report.
The Oil & Gas Pipeline Industry has seen a string of expansion proposals in the Mid-Atlantic region, which accounts for much of the $4.4 billion in projected 2017 kickoffs. These include EQT Corporation's (NYSE:EQT) (Pittsburgh, Pennsylvania) $525 million Mountain Valley Pipeline segment from Wetzel County, West Virginia, to Pittsylvania County, Virginia. The 301-mile portion of the transmission system would transport up to 2 billion cubic feet per day of natural gas sourced in the Marcellus and Utica shales to the existing Transcontinental Gas Pipeline system. For more details, including key components and contractor contact information, see Industrial Info's project report.
The Pulp, Paper & Wood Industry is looking at $2.81 billion in projected 2017 kickoffs in the Mid-Atlantic, with the bulk of that attributed to the single-largest project from any industry: Vastly's (Charlottesville, Virginia) $2 billion "tree free" paper mill in Chesterfield, Virginia. The facility, which is would use agricultural field waste instead of traditional lumber to create paper, is the first North American project for Vastly, which is the U.S. subsidiary of China's Shandong Tranlin Paper Company. According to Virginia Business, it will be the single-largest Chinese greenfield economic development project in the U.S. For more information, see Industrial Info's project report.
More than 84% of the total TIV--$24.84 billion--is related to 446 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 96 projects worth nearly $3.72 billion in the engineering stages, while 406 projects worth about $1.03 billion are maintenance-related.
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.
Click on the image at right for a graph detailing active projects scheduled to kick off in 2017 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 ahead of all others with $9.47 billion worth of projects set to begin construction in the Mid-Atlantic in 2017, much of which is attributed to the growing popularity of natural gas. West Virginia, normally seen as a top destination for the coal-fired power market, is seeing some major natural gas-fired development of its own, such as Quantum Energy Partners' (Houston, Texas) $615 million energy center in Moundsville. The 549-megawatt (MW), combined-cycle power plant would run on a 2-on-1 configuration, utilizing two 196-MW combustion turbine generators and a 133-MW steam turbine generator, likely provided by General Electric (NYSE:GE). For more information, see Industrial Info's project report.
The Industrial Manufacturing Industry's $4.77 billion in 2017 Mid-Atlantic kickoffs are attributed mostly to transportation-related projects, the largest of which is Metropolitan Washington Airports Authority's proposed, $1.2 billion renovation at the Ronald Reagan International Airport in Washington, D.C. The city plans to construct a new North Concourse and a 1,600-space parking garage; renovate terminals A, B and C, as well as 14 gates and National Hall, which is a main street for shops and eateries on the concourse level; and improve roadways and the airfield pavement, to increase airport capacity. For more information, see Industrial Info's project report.
The Oil & Gas Pipeline Industry has seen a string of expansion proposals in the Mid-Atlantic region, which accounts for much of the $4.4 billion in projected 2017 kickoffs. These include EQT Corporation's (NYSE:EQT) (Pittsburgh, Pennsylvania) $525 million Mountain Valley Pipeline segment from Wetzel County, West Virginia, to Pittsylvania County, Virginia. The 301-mile portion of the transmission system would transport up to 2 billion cubic feet per day of natural gas sourced in the Marcellus and Utica shales to the existing Transcontinental Gas Pipeline system. For more details, including key components and contractor contact information, see Industrial Info's project report.
The Pulp, Paper & Wood Industry is looking at $2.81 billion in projected 2017 kickoffs in the Mid-Atlantic, with the bulk of that attributed to the single-largest project from any industry: Vastly's (Charlottesville, Virginia) $2 billion "tree free" paper mill in Chesterfield, Virginia. The facility, which is would use agricultural field waste instead of traditional lumber to create paper, is the first North American project for Vastly, which is the U.S. subsidiary of China's Shandong Tranlin Paper Company. According to Virginia Business, it will be the single-largest Chinese greenfield economic development project in the U.S. For more information, see Industrial Info's project report.
More than 84% of the total TIV--$24.84 billion--is related to 446 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 96 projects worth nearly $3.72 billion in the engineering stages, while 406 projects worth about $1.03 billion are maintenance-related.
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.
