Reports related to this article:
Project(s): View 4 related projects in PECWeb
Plant(s): View 3 related plants in PECWeb
Released September 11, 2014 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $3.49 billion worth of industrial projects that are planned to kick off in the U.S. Northeast region in the fourth quarter of 2014, with much of the spending driven by the rapidly growing development of the Marcellus and Utica shales in Pennsylvania and New York.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2014 in the U.S. Northeast by industry.
The Northeast region includes Delaware, New Jersey, New York and Pennsylvania.
The Power Industry alone is driving almost one-third of the TIV, including the largest project set to kick off in New York in the fourth quarter: NRG Energy Incorporated's (NYSE:NRG) (Princeton, New Jersey) $150 million conversion of two units at its power station in Dunkirk from coal to natural gas. NRG plans to add gas burners to three Alstom CE tangential-fired dry bottom boilers. The project is expected to be completed in about a year's time.
View Project Report - 300130633
The single largest project set to kick off in the entire region is the $500 million second phase of Sunoco Logistics Partners LP's (NYSE:SXL) (Sinking Spring, Pennsylvania) Mariner East pipeline expansion. The company plans to construct 340 to 350 miles of new natural gas liquids transmission pipe. Similar projects are booming in Pennsylvania, where the shale plays are spurring industrial activity. For more information, see July 7, 2014, article - Pennsylvania Hosts More than $42 Billion in Projects, with Marcellus Shale an Industrial Magnet.
View Project Report - 300142676
Pipeline projects also account for much of the spending in New Jersey, which distantly trails Pennsylvania and New York in fourth-quarter kick-offs. Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) is set to begin a $20 million part of its Leidy Southeast Expansion Project, which will lengthen the Transco Pipeline about 30 miles. This part of the project involves installing 13.23 miles of 42-inch-diameter pipeline, to transport up to 525 million standard cubic feet per day of natural gas from Hunterdon County to Mercer County.
View Project Report - 300139375
The Food & Beverage Industry accounts for only a sliver of the total spending, but it has the largest project set to kick off in Delaware in the fourth quarter: the $35 million expansion of DuPont's (NYSE:DD) (Wilmington, Delaware) soybean research facility in Newark. The project involves constructing a 134,000-square-foot building and two modern greenhouses, as well as three high-tech 60,000-gallon water collection units.
View Project Report - 300177673
More than half of the region's TIV--about $1.8 billion--is related to 44 projects that are now in the engineering stages. The region also has 53 projects worth about $1.55 billion in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending, while 47 projects worth about $122 million already have kicked off the first stage of construction and will kick off the second in the fourth quarter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three 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.
Click on the image at right for a graph detailing active projects scheduled to kick off in the fourth quarter of 2014 in the U.S. Northeast by industry.The Northeast region includes Delaware, New Jersey, New York and Pennsylvania.
The Power Industry alone is driving almost one-third of the TIV, including the largest project set to kick off in New York in the fourth quarter: NRG Energy Incorporated's (NYSE:NRG) (Princeton, New Jersey) $150 million conversion of two units at its power station in Dunkirk from coal to natural gas. NRG plans to add gas burners to three Alstom CE tangential-fired dry bottom boilers. The project is expected to be completed in about a year's time.
View Project Report - 300130633
The single largest project set to kick off in the entire region is the $500 million second phase of Sunoco Logistics Partners LP's (NYSE:SXL) (Sinking Spring, Pennsylvania) Mariner East pipeline expansion. The company plans to construct 340 to 350 miles of new natural gas liquids transmission pipe. Similar projects are booming in Pennsylvania, where the shale plays are spurring industrial activity. For more information, see July 7, 2014, article - Pennsylvania Hosts More than $42 Billion in Projects, with Marcellus Shale an Industrial Magnet.
View Project Report - 300142676
Pipeline projects also account for much of the spending in New Jersey, which distantly trails Pennsylvania and New York in fourth-quarter kick-offs. Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) is set to begin a $20 million part of its Leidy Southeast Expansion Project, which will lengthen the Transco Pipeline about 30 miles. This part of the project involves installing 13.23 miles of 42-inch-diameter pipeline, to transport up to 525 million standard cubic feet per day of natural gas from Hunterdon County to Mercer County.
View Project Report - 300139375
The Food & Beverage Industry accounts for only a sliver of the total spending, but it has the largest project set to kick off in Delaware in the fourth quarter: the $35 million expansion of DuPont's (NYSE:DD) (Wilmington, Delaware) soybean research facility in Newark. The project involves constructing a 134,000-square-foot building and two modern greenhouses, as well as three high-tech 60,000-gallon water collection units.
View Project Report - 300177673
More than half of the region's TIV--about $1.8 billion--is related to 44 projects that are now in the engineering stages. The region also has 53 projects worth about $1.55 billion in the planning stages, where plenty of factors could increase, decrease or eliminate the expected spending, while 47 projects worth about $122 million already have kicked off the first stage of construction and will kick off the second in the fourth quarter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three 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.
