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Project(s): View 6 related projects in PECWeb
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Released June 20, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Mid-Atlantic and Southeast regions are a downstream destination for the U.S. Metals & Minerals Industry, with plants sprouting across multiple states to process steel, aluminum and other materials into construction components and consumer goods. Industrial Info is tracking more than $1.6 billion in active Metals & Minerals projects that are set to begin construction in the Mid-Atlantic and Southeastern regions this summer.
Click on the image at right for a graph detailing Metals & Minerals Industry kickoffs in the U.S. Midwest region in the summer of 2018, by state.
The Mid-Atlantic region includes Maryland, North Carolina, South Carolina, Virginia and West Virginia. The Southeast region includes Alabama, Florida, Georgia, Mississippi and Tennessee.
South Carolina leads all other states in the two regions in the investment value attributed to projects set to kick off before the end of the summer, and one of the largest is Teijin Limited's (Osaka, Japan) $320 million carbon fibers manufacturing plant in Greenwood. The facility is expected to produce 3,000 tons per year of carbon fibers for the automotive and aerospace industries, where the product is a stronger, lighter alternative to materials such as aluminum. Teijin believes the production capacity eventually will expand to 20,000 tons per year. For more information, see Industrial Info's project report.
Also in the Palmetto State, JW Aluminum Company, a subsidiary of Wellspring Capital Management LLC (New York, New York), is at work on a $255 million expansion of its Mount Holly aluminum sheet mill in Goose Creek. The addition, which is expected to be completed in early 2020, will produce 175 million pounds of aluminum sheet for construction, air-conditioning, packaging and other markets. JW Aluminum, in a press release, called it "the most significant capital investment in domestic continuous cast technologies and capabilities since 2001." For more information, see Industrial Info's project report.
West Virginia follows South Carolina in its total investment value, with the single largest project being Carbonyx Incorporated's (Plano, Texas) $250 million Omni Plant in Millwood. The facility, which is in its site-preparation stage, will produce 2 million tons per year of carbon alloy. Carbonyx said on its website that West Virginia is "a natural fit for the facility, due to its coal reserves and long-standing history with the steel industry." For more information, see Industrial Info's project report.
Rockwool International A/S (Copenhagen, Denmark) is preparing to begin construction on a $150 million mineral wool insulation plant in Ranson, West Virginia. Mineral wool, which is produced using byproducts from mining operations, is used in fire-resistant insulation material for homes and businesses, according to West Virginia's The Journal. A representative from the company told the newspaper that Rockwool is looking to hire workers sometime in 2019 and to open the plant in the first quarter of 2020. For more information, see Industrial Info's project report.
Other materials used in construction include light gauge aluminum foil, a component of heating, ventilation and air condition (HVAC) applications that is produced through aluminum rolling. Granges AB's (Stockholm, Sweden) U.S. subsidiary is readying for a $110 million expansion of an aluminum sheet and foil-manufacturing plant in Huntingdon, Tennessee. The company plans to increase capacity at the 367 million-pound-per-year plant through debottlenecking and equipment upgrades and additions, including two new melting/holding furnaces, six new annealing furnaces and a new casting line. For more information, see Industrial Info's project report.
Glass containers, another product with multiple uses across numerous industries, would be the product of Arglass Southeast LLC's proposed, $75 million manufacturing plant in Valdosta, Georgia. The facility is designed to produce 260 million units per year, totaling 100,000 metric tons annually. 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/.
The Mid-Atlantic region includes Maryland, North Carolina, South Carolina, Virginia and West Virginia. The Southeast region includes Alabama, Florida, Georgia, Mississippi and Tennessee.
South Carolina leads all other states in the two regions in the investment value attributed to projects set to kick off before the end of the summer, and one of the largest is Teijin Limited's (Osaka, Japan) $320 million carbon fibers manufacturing plant in Greenwood. The facility is expected to produce 3,000 tons per year of carbon fibers for the automotive and aerospace industries, where the product is a stronger, lighter alternative to materials such as aluminum. Teijin believes the production capacity eventually will expand to 20,000 tons per year. For more information, see Industrial Info's project report.
Also in the Palmetto State, JW Aluminum Company, a subsidiary of Wellspring Capital Management LLC (New York, New York), is at work on a $255 million expansion of its Mount Holly aluminum sheet mill in Goose Creek. The addition, which is expected to be completed in early 2020, will produce 175 million pounds of aluminum sheet for construction, air-conditioning, packaging and other markets. JW Aluminum, in a press release, called it "the most significant capital investment in domestic continuous cast technologies and capabilities since 2001." For more information, see Industrial Info's project report.
West Virginia follows South Carolina in its total investment value, with the single largest project being Carbonyx Incorporated's (Plano, Texas) $250 million Omni Plant in Millwood. The facility, which is in its site-preparation stage, will produce 2 million tons per year of carbon alloy. Carbonyx said on its website that West Virginia is "a natural fit for the facility, due to its coal reserves and long-standing history with the steel industry." For more information, see Industrial Info's project report.
Rockwool International A/S (Copenhagen, Denmark) is preparing to begin construction on a $150 million mineral wool insulation plant in Ranson, West Virginia. Mineral wool, which is produced using byproducts from mining operations, is used in fire-resistant insulation material for homes and businesses, according to West Virginia's The Journal. A representative from the company told the newspaper that Rockwool is looking to hire workers sometime in 2019 and to open the plant in the first quarter of 2020. For more information, see Industrial Info's project report.
Other materials used in construction include light gauge aluminum foil, a component of heating, ventilation and air condition (HVAC) applications that is produced through aluminum rolling. Granges AB's (Stockholm, Sweden) U.S. subsidiary is readying for a $110 million expansion of an aluminum sheet and foil-manufacturing plant in Huntingdon, Tennessee. The company plans to increase capacity at the 367 million-pound-per-year plant through debottlenecking and equipment upgrades and additions, including two new melting/holding furnaces, six new annealing furnaces and a new casting line. For more information, see Industrial Info's project report.
Glass containers, another product with multiple uses across numerous industries, would be the product of Arglass Southeast LLC's proposed, $75 million manufacturing plant in Valdosta, Georgia. The facility is designed to produce 260 million units per year, totaling 100,000 metric tons annually. 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/.