U.S. Mid-Atlantic Region to See $2.6 Billion in First-Quarter Project Starts

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Researched by Industrial Info Resources (Sugar Land, Texas)--The Mid-Atlantic region of the U.S., comprising the states of North Carolina, South Carolina, Virginia, West Virginia and Maryland, has 138 major industrial projects that are planned to kick off in the first quarter of this year. The projects include both capital and maintenance projects and have a combined total invest value (TIV) of approximately $2.6 billion. Leading the way for 1Q11 project starts in the region are the Industrial Manufacturing Industry, with 15 projects valued at $564 million; the Alternatives Fuel Industry, with six projects valued at $491 million; and the Pharmaceutical-Biotech Industry, with 14 projects with a combined value of $394 million.

Click on image at right for a breakdown by industry of planned 1Q11 project starts in the U.S. Mid-Atlantic Region.

The largest project planned to kick off this quarter is Wood Fuel Developers LLC's (Chester, Virginia) grassroot biofuels complex in Franklin, Virginia. At a former International Paper Company (NYSE:IP) (Memphis, Tennessee) paper mill, Wood Fuel will construct ethanol and biodiesel plants. Industrial Turnaround Corporation (Chester, Virginia) is acting as project manager on the $400 million project. The plants will developed in multi-phase process, with final completion set for late 2016 or early 2017.

In the Industrial Manufacturing Industry, ZF Group North American Operations Incorporated (Northville, Michigan) plans to begin construction on a $350 million transmission manufacturing plant in Laurens, South Carolina. For additional details, see January 13, 2011, article - ZF Group North America to Construct Transmission Plant in South Carolina.

A search on Industrial Info's Pharmaceutical Tracker - Online Database shows that the state of Maryland has an amazing 42 active Pharmaceutical-Biotech Industry projects worth approximately $4.2 billion that are already under construction or in the planning and engineering stages. This quarter, the Maryland Department of Health and Mental Hygiene (Baltimore, Maryland) is set to begin construction on a $219 million grassroot public health laboratory in East Baltimore. The five-story, 225,000-square-foot building be located in the Science + Technology Park at John Hopkins. HDR CUH2A (Bethesda, Maryland) is acting as architect on the project.

Information on these and other projects throughout North America is available in Industrial Info's North American Industrial Database.

View Project Report - 300008169 300015490 026001022

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