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Released December 13, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Northeast market region, which includes Delaware, New York, New Jersey and Pennsylvania, is planning to kick off more than $31.5 billion in industrial projects in 2018. While some of these projects will be pushed back to later dates, placed on hold or cancelled, other projects will be added throughout the year, keeping project activity buoyant. The Industrial Manufacturing Industry, with $9.35 billion in planned projects, leads in terms of project value, followed by the Power Industry, with $6.8 billion in projects.
Click on the image at right for a breakdown by industry of planned 2018 project starts in the U.S. Northeast market region.
Light rail projects help propel the Industrial Manufacturing Industry into the top spending position for the region. In Long Island, New York, the Long Island Railroad (New York, New York) is planning a third track addition on the commuter rail line around Jamaica, New York. The 9.8-mile third track will run between Floral Park and Hicksville, and will eliminate seven grade crossings. Gannett Fleming Incorporated (New York) is acting as engineer on the $2 billion project, which is expected to be completed by the end of 2020. For more information, see Industrial Info's project report.
In Pennsylvania, the Philadelphia Regional Port Authority (Philadelphia, Pennsylvania) is planning a marine terminal addition. The two-berth terminal will include a 2,128-foot marginal wharf, two berths and a container yard that has a planned throughput of 1.1 million twenty-foot equivalent units per year. The project has an estimated total investment value of $450 million. Delaware River Stevedores Incorporated (Philadelphia) and SSA Marine (Seattle, Washington) are acting as consultants on the project, which is expected to be completed by the end of 2019. For more information, see Industrial Info's project report.
Also within the Industrial Manufacturing Industry, United Parcel Service Incorporated (NYSE:UPS) (Sandy Springs, Georgia) is planning a brownfield package distribution center in Brooklyn, New York. The facility will be constructed on a previously developed 12-acre site and will include a building of up to 1.2 million square feet to support regional package distribution operations. The project has an estimated total investment value (TIV) of $125 million. For more information, see Industrial Info's project report.
Within the Power Industry, one of the largest projects planned to kick off in the region next year is American Power Ventures LLC's (Bernardsville, New Jersey) development of the 1,140-megawatt (MW) Renaissance Energy Center in Carmichaels, Pennsylvania. The natural gas-fired, combined-cycle facility will be constructed on a 33-acre site next to a closed power station. Construction on the $1 billion project is planned to kick off next summer and take about three years to complete. Gemma Power Systems LLC (Glastonbury, Connecticut) is performing engineering, procurement and construction (EPC). For more information, see Industrial Info's project report.
In New Jersey, Stonegate Power LLC (East Brunswick, New Jersey) is developing the 560-MW Middlesex Energy Center in Sayreville. The facility will be built on a 48-acre former Superfund site. The natural gas-fired, combined-cycle project has an estimated TIV of $880 million. AECOM Corporation (NYSE:ACM) (Los Angeles, California) is performing EPC work on the project, which is expected to be completed in late 2020. For more information, see Industrial Info's project report.
A third natural gas-fired, combined-cycle project features in the region's top Power projects. Tyr Energy Incorporated (Overland Park, Kansas) is developing a 345-MW power plant in Good Spring, Pennsylvania. The $345 million project is planned to kick off in the third quarter of next year and take about two years to complete. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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 breakdown by industry of planned 2018 project starts in the U.S. Northeast market region.Light rail projects help propel the Industrial Manufacturing Industry into the top spending position for the region. In Long Island, New York, the Long Island Railroad (New York, New York) is planning a third track addition on the commuter rail line around Jamaica, New York. The 9.8-mile third track will run between Floral Park and Hicksville, and will eliminate seven grade crossings. Gannett Fleming Incorporated (New York) is acting as engineer on the $2 billion project, which is expected to be completed by the end of 2020. For more information, see Industrial Info's project report.
In Pennsylvania, the Philadelphia Regional Port Authority (Philadelphia, Pennsylvania) is planning a marine terminal addition. The two-berth terminal will include a 2,128-foot marginal wharf, two berths and a container yard that has a planned throughput of 1.1 million twenty-foot equivalent units per year. The project has an estimated total investment value of $450 million. Delaware River Stevedores Incorporated (Philadelphia) and SSA Marine (Seattle, Washington) are acting as consultants on the project, which is expected to be completed by the end of 2019. For more information, see Industrial Info's project report.
Also within the Industrial Manufacturing Industry, United Parcel Service Incorporated (NYSE:UPS) (Sandy Springs, Georgia) is planning a brownfield package distribution center in Brooklyn, New York. The facility will be constructed on a previously developed 12-acre site and will include a building of up to 1.2 million square feet to support regional package distribution operations. The project has an estimated total investment value (TIV) of $125 million. For more information, see Industrial Info's project report.
Within the Power Industry, one of the largest projects planned to kick off in the region next year is American Power Ventures LLC's (Bernardsville, New Jersey) development of the 1,140-megawatt (MW) Renaissance Energy Center in Carmichaels, Pennsylvania. The natural gas-fired, combined-cycle facility will be constructed on a 33-acre site next to a closed power station. Construction on the $1 billion project is planned to kick off next summer and take about three years to complete. Gemma Power Systems LLC (Glastonbury, Connecticut) is performing engineering, procurement and construction (EPC). For more information, see Industrial Info's project report.
In New Jersey, Stonegate Power LLC (East Brunswick, New Jersey) is developing the 560-MW Middlesex Energy Center in Sayreville. The facility will be built on a 48-acre former Superfund site. The natural gas-fired, combined-cycle project has an estimated TIV of $880 million. AECOM Corporation (NYSE:ACM) (Los Angeles, California) is performing EPC work on the project, which is expected to be completed in late 2020. For more information, see Industrial Info's project report.
A third natural gas-fired, combined-cycle project features in the region's top Power projects. Tyr Energy Incorporated (Overland Park, Kansas) is developing a 345-MW power plant in Good Spring, Pennsylvania. The $345 million project is planned to kick off in the third quarter of next year and take about two years to complete. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
