SOURCE: Industrial Info Resources

Industrial Info Resources

August 27, 2013 06:15 ET

Ten Highest-Value U.S. Industrial Project Starts Span Multiple Sectors, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 27, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- While most of the high-value industrial projects under way at any given time are relegated to a few big-spending industries such as Power and Metals & Minerals, the 10 highest-value project starts from January through July 2013 span a diverse range of industrial sectors. With the exception of one project in Texas, these construction starts are concentrated in the Rocky Mountains, West Coast and Southeast market regions:

10) The Texas-based project weighs in at No. 10 in value in the form of Enterprise Products Partners' (NYSE:EPD) (Houston, Texas) 580-mile natural gas liquids (NGL) pipeline, running from near Skellytown in the Texas Panhandle to the company's fractionation and storage facility in Mont Belvieu. The estimated $850 million project initially will carry up to 250,000 barrels per day of NGLs and is expected to be completed in the next few months.

9) The Food & Beverage Industry comes in at No. 9 with the construction of a $922 million seawater desalination plant in Carlsbad, California. The plant is owned by Poseidon Resources Corporation (Boston, Massachusetts) and will produce up to 50 million gallons per day of drinkable water. Industrial Info is tracking $3.99 billion in active desalination projects in the U.S., most which are occurring in California.

8) A mine expansion and mill addition near Winnemucca, Nevada, is the first of four Metals & Minerals projects on the list. Hycroft Resources & Development Incorporated (Winnemucca) is expanding its gold production to 552,000 ounces per year and silver production to 25.5 million ounces per year. The project is expected to be completed in late 2014/early 2015.

These three projects are followed by a string of four projects with a $1 billion price tag, including URENCO USA's Phase III expansion of a uranium-enrichment facility in New Mexico, as well as projects in the Pharmaceutical-Biotech, Mining and Power industries, with a project in California ultimately taking the top position.

To learn more about these projects, industrial spending indices, and upcoming events and tradeshows, see the August edition of Industrial Info Resources' online newsletter, The NavigatIIR.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine 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. To contact an office in your area, visit the "Contact Us" page.

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