Pennsylvania is leading the Northeast in industrial plant construction with eight sites planned to open by the end of 2006, according to a recent analysis of Industrial Info Resources' (IIR) active plant database.
Of the 20 new industrial plants scheduled for completion by the end of this year, Pennsylvania has 40% of the total, with New York coming in second at six plants, followed by New Jersey with five new plants and Delaware with one, reports IIR, a marketing information services company.
These construction projects represent a total capital investment (TIV) of approximately $800 million. The plants are expected to employ over 1600 when fully operational.
As detailed in the analysis, industrial manufacturing accounts for eleven of the plants that are currently under development, including a helicopter manufacturing plant in Harrisburg, Penn. and a rail station in Secaucus, N.J.
The food and beverage market, keeping to its traditional hold in second place, has five new plants ready for operation, including a new pretzel distribution center in Gap, Penn. and a feed mill in Fulton, N.Y.
The power and chemical processing industry make up the the remaining four plants, with two in each market, including a fertilizer plant in Keasby, N.J. and a windfarm in Cresson, Penn.