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Released July 05, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $56.7 billion in planned project starts in the second half of 2017 in the Industrial Manufacturing Industry in the U.S. The projects range from smaller maintenance shutdowns at automotive plants to larger infrastructure projects worth billions of dollars. The Rocky Mountains region, with $17.8 billion in planned second-half kickoffs, leads the U.S. for planned Industrial Manufacturing projects.
Click on image at right for a breakdown by market region of planned second-half 2017 Industrial Manufacturing Industry project starts in the U.S.
The state of manufacturing appears to be good. The Institute for Supply Management (Tempe, Arizona) reports that its Purchasing Managers Index (PMI) for the month of June was 57.8%, an increase of 2.9 percentage points from May and the 10th month of growth in the manufacturing sector. When the PMI is more than 50%, it suggests the manufacturing economy is expanding.
Among the largest Industrial Manufacturing projects being tracked by Industrial Info is the expansion of Apple Incorporated's (NASDAQ:AAPL) (Cupertino, California) data center in Reno, Nevada. At the existing data center on a 345-acre site, Apple will construct eight buildings with a total of more 372,000 square feet to serve as a data management site for the company's Siri, FaceTime and iMessages services. Stantec Incorporated (Edmonton, Alberta) is performing engineering services for the project, and Fortis Construction Incorporated (Portland, Oregon) is acting as general contractor. The project is expected to take about a year to complete. For more information, see Industrial Info's project report.
Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) also is planning construction of a data center in West Des Moines, Iowa. The $418 billion project is the first phase in a larger data center project and will include construction of four data server buildings totaling 425,000 square feet. Navix Engineering Incorporated (Bellevue, Washington) is performing design-engineering services for the project, which is expected to kick off this summer and take a little less than a year to complete. For more information, see Industrial Info's project report.
In California, Nikola Motor Company LLC (Salt Lake City, Utah) is in the planning stages for an electric truck assembly plant to manufacture hydrogen fuel cell-powered electric trucks for the U.S. and world markets, eventually reaching the production of 50,000 units per year. A general contractor is expected to be selected in November, with construction starting before the end of the year. The project has an estimated total investment value (TIV) of $1 billion. For more information, see Industrial Info's project report.
In Michigan, Ford Motor Company (NYSE:F) (Dearborn, Michigan) is planning the expansion of its vehicle assembly plant in Flat Rock. The expansion will delve into the high-tech end of automotive manufacturing, as it is being designed to manufacture fully electric vehicles with an expected 300-mile range as well as autonomous hybrids designed with ride-sharing companies in mind. Construction is planned to kick off this summer and be completed before the end of 2019. The project has an estimated TIV of $700 million. For more information, see Industrial Info's project report.
Another electric car manufacturing is being planned for Casa Grande, Arizona, by Lucid Motors USA Incorporated (Menlo Park, California). Construction is planned to kick off this summer and be completed in the fourth quarter of 2018. The plant will have an initial production capacity of 10,000 cars per year, but could ramp up to 60,000 units in the future. The project has an estimated TIV of $700 million. For more information, see Industrial Info's project report.
The U.S. textile sector has seen a bit of an upswing from several years ago, when many U.S. plants were being closed and moved overseas. An example of this domestic resurgence is Chinese company Shandong Ruyi Technology Group Company Limited's (Jining, China) $410 million investment in a cotton processing plant in Forrest City, Arkansas. The facility is being constructed on a 161-acre brownfield site and will be able to process more than 200,000 tons of cotton per year, spinning it into yarn for textiles to be manufactured for later elsewhere. The project is planned to kick off in the fourth quarter of this year and be completed next summer. For more information, see Industrial Info's project report.
These are a few of the larger capital projects being tracked by Industrial Info in the Industrial Manufacturing sector. Also being tracked is more than $776 million in maintenance projects that are planned to kick off during the second half of the year, many at automotive plants as they perform seasonal maintenance work. For more information, subscribe to Industrial Info's Global Project Platform.
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 image at right for a breakdown by market region of planned second-half 2017 Industrial Manufacturing Industry project starts in the U.S.The state of manufacturing appears to be good. The Institute for Supply Management (Tempe, Arizona) reports that its Purchasing Managers Index (PMI) for the month of June was 57.8%, an increase of 2.9 percentage points from May and the 10th month of growth in the manufacturing sector. When the PMI is more than 50%, it suggests the manufacturing economy is expanding.
Among the largest Industrial Manufacturing projects being tracked by Industrial Info is the expansion of Apple Incorporated's (NASDAQ:AAPL) (Cupertino, California) data center in Reno, Nevada. At the existing data center on a 345-acre site, Apple will construct eight buildings with a total of more 372,000 square feet to serve as a data management site for the company's Siri, FaceTime and iMessages services. Stantec Incorporated (Edmonton, Alberta) is performing engineering services for the project, and Fortis Construction Incorporated (Portland, Oregon) is acting as general contractor. The project is expected to take about a year to complete. For more information, see Industrial Info's project report.
Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) also is planning construction of a data center in West Des Moines, Iowa. The $418 billion project is the first phase in a larger data center project and will include construction of four data server buildings totaling 425,000 square feet. Navix Engineering Incorporated (Bellevue, Washington) is performing design-engineering services for the project, which is expected to kick off this summer and take a little less than a year to complete. For more information, see Industrial Info's project report.
In California, Nikola Motor Company LLC (Salt Lake City, Utah) is in the planning stages for an electric truck assembly plant to manufacture hydrogen fuel cell-powered electric trucks for the U.S. and world markets, eventually reaching the production of 50,000 units per year. A general contractor is expected to be selected in November, with construction starting before the end of the year. The project has an estimated total investment value (TIV) of $1 billion. For more information, see Industrial Info's project report.
In Michigan, Ford Motor Company (NYSE:F) (Dearborn, Michigan) is planning the expansion of its vehicle assembly plant in Flat Rock. The expansion will delve into the high-tech end of automotive manufacturing, as it is being designed to manufacture fully electric vehicles with an expected 300-mile range as well as autonomous hybrids designed with ride-sharing companies in mind. Construction is planned to kick off this summer and be completed before the end of 2019. The project has an estimated TIV of $700 million. For more information, see Industrial Info's project report.
Another electric car manufacturing is being planned for Casa Grande, Arizona, by Lucid Motors USA Incorporated (Menlo Park, California). Construction is planned to kick off this summer and be completed in the fourth quarter of 2018. The plant will have an initial production capacity of 10,000 cars per year, but could ramp up to 60,000 units in the future. The project has an estimated TIV of $700 million. For more information, see Industrial Info's project report.
The U.S. textile sector has seen a bit of an upswing from several years ago, when many U.S. plants were being closed and moved overseas. An example of this domestic resurgence is Chinese company Shandong Ruyi Technology Group Company Limited's (Jining, China) $410 million investment in a cotton processing plant in Forrest City, Arkansas. The facility is being constructed on a 161-acre brownfield site and will be able to process more than 200,000 tons of cotton per year, spinning it into yarn for textiles to be manufactured for later elsewhere. The project is planned to kick off in the fourth quarter of this year and be completed next summer. For more information, see Industrial Info's project report.
These are a few of the larger capital projects being tracked by Industrial Info in the Industrial Manufacturing sector. Also being tracked is more than $776 million in maintenance projects that are planned to kick off during the second half of the year, many at automotive plants as they perform seasonal maintenance work. For more information, subscribe to Industrial Info's Global Project Platform.
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.
