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Released December 27, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As we move into 2022, Industrial Info is tracking nearly $170 billion worth of high- and medium-probability (70% to 99% chance of moving forward as planned) Industrial Manufacturing projects that are planned to kick off in the U.S. in the coming 12 months. The projects range in scope and type, from small maintenance projects to the multibillion-dollar expansion of an airport terminal. Some of these projects will fall out--that is, be cancelled, placed on hold or pushed out to a future date. Nevertheless, the number and value of planned projects should lead to substantial investments in 2022.
Among the largest Industrial Manufacturing projects planned to kick off next year is the expansion of Terminal 2 at the Chicago O'Hare International Airport in Illinois. The project entails constructing a new 300,000-square-foot global terminal with 10 gates that will replace the 55-year-old terminal. Three new concourses will help make way for large, international aircraft. According to the Chicago Tribune, the project is the largest and most expensive project in the airport's history. It is expected to wrap up in 2028. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
With semiconductors in short supply, some manufacturers are investing in new chip-manufacturing projects to the tune of billions of dollars. Examples include Intel Corporation's (NASDAQ:INTC) (Santa Clara, California) planned upgrade to its computer chip manufacturing complex in Rio Rancho, New Mexico. The project includes upgrades and modernization of the existing building as well as new production and assembly lines. The facility will become Intel's global manufacturing hub for production of the new Foveros microchips, which use "chiplets" in which multiple pieces of silicon are connected to create a single processor, overcoming some of the limitations of today's standard chips. The project is expected to kick off in the first half of next year and be completed in early 2023. Subscribers can click here for the project report.
Industrial Info is tracking more than $29.7 billion in projects involving data centers that are planned to kick off next year. Examples include Google parent Alphabet Incorporated's (NASDAQ:GOOGL) (Mountain View, California) grassroot facility in Kansas City, Missouri. This Phase I project includes the construction of a data center building encompassing between 750,000 and 1 million square feet to help increase processing speed and meet demand for Google services. Subscribers can click here for the project report. This is only the first step of a larger undertaking, and earlier this month, local news media reported that Alphabet had acquired another 236.4 acres nearby.
In addition to electric vehicles and electronic devices, lithium-ion battery technology increasingly is being used in battery energy storage systems for power generation. KORE Power Company (Coeur d'Alene, Idaho) is taking advantage of this trend with the planned construction of a grassroot lithium-ion battery manufacturing plant in Buckeye, Arizona. The 1 million-square-foot facility will have an estimated 12 gigawatt-hours of annual battery production capacity. The batteries will be used in the Mark 1 Energy Storage System for wind, solar and microgrid energy storage needs. Construction is expected to be completed in the summer of 2023. Subscribers can click here for the project report.
The energy transition is resulting in new types of vehicles, such as electric vehicles, plug-in hybrids and fuel cell-powered vehicles. With an eye to the future, Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) plans to install a new dedicated production line at its plant in Georgetown, Kentucky, for heavy-duty truck fuel cell modules to begin producing hydrogen fuel cell systems for Kenworth T680 trucks. The expansion is set to be completed in early 2023. Subscribers can click here for the project report.
Distribution and warehousing projects account for about $7 billion worth of the projects slated for next year, and leading the pack in this field is Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which accounts for more than half of these planned investments in more than 20 states. One example is the company's Project Winnie in Elkhart, Indiana, which entails the construction of a five-story, 4 million-square-foot robotic fulfillment center to pick, pack and ship smaller items such as books and electronics. Construction is expected to kick off early in the year and take about a year to complete. Subscribers can click here for the 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.
Among the largest Industrial Manufacturing projects planned to kick off next year is the expansion of Terminal 2 at the Chicago O'Hare International Airport in Illinois. The project entails constructing a new 300,000-square-foot global terminal with 10 gates that will replace the 55-year-old terminal. Three new concourses will help make way for large, international aircraft. According to the Chicago Tribune, the project is the largest and most expensive project in the airport's history. It is expected to wrap up in 2028. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
With semiconductors in short supply, some manufacturers are investing in new chip-manufacturing projects to the tune of billions of dollars. Examples include Intel Corporation's (NASDAQ:INTC) (Santa Clara, California) planned upgrade to its computer chip manufacturing complex in Rio Rancho, New Mexico. The project includes upgrades and modernization of the existing building as well as new production and assembly lines. The facility will become Intel's global manufacturing hub for production of the new Foveros microchips, which use "chiplets" in which multiple pieces of silicon are connected to create a single processor, overcoming some of the limitations of today's standard chips. The project is expected to kick off in the first half of next year and be completed in early 2023. Subscribers can click here for the project report.
Industrial Info is tracking more than $29.7 billion in projects involving data centers that are planned to kick off next year. Examples include Google parent Alphabet Incorporated's (NASDAQ:GOOGL) (Mountain View, California) grassroot facility in Kansas City, Missouri. This Phase I project includes the construction of a data center building encompassing between 750,000 and 1 million square feet to help increase processing speed and meet demand for Google services. Subscribers can click here for the project report. This is only the first step of a larger undertaking, and earlier this month, local news media reported that Alphabet had acquired another 236.4 acres nearby.
In addition to electric vehicles and electronic devices, lithium-ion battery technology increasingly is being used in battery energy storage systems for power generation. KORE Power Company (Coeur d'Alene, Idaho) is taking advantage of this trend with the planned construction of a grassroot lithium-ion battery manufacturing plant in Buckeye, Arizona. The 1 million-square-foot facility will have an estimated 12 gigawatt-hours of annual battery production capacity. The batteries will be used in the Mark 1 Energy Storage System for wind, solar and microgrid energy storage needs. Construction is expected to be completed in the summer of 2023. Subscribers can click here for the project report.
The energy transition is resulting in new types of vehicles, such as electric vehicles, plug-in hybrids and fuel cell-powered vehicles. With an eye to the future, Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) plans to install a new dedicated production line at its plant in Georgetown, Kentucky, for heavy-duty truck fuel cell modules to begin producing hydrogen fuel cell systems for Kenworth T680 trucks. The expansion is set to be completed in early 2023. Subscribers can click here for the project report.
Distribution and warehousing projects account for about $7 billion worth of the projects slated for next year, and leading the pack in this field is Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which accounts for more than half of these planned investments in more than 20 states. One example is the company's Project Winnie in Elkhart, Indiana, which entails the construction of a five-story, 4 million-square-foot robotic fulfillment center to pick, pack and ship smaller items such as books and electronics. Construction is expected to kick off early in the year and take about a year to complete. Subscribers can click here for the 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.
