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An article from


TECH GIANTS PLAN TO SPEND BILLIONS TO CONSTRUCT NEW PLANTS, DATA CENTERS

Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming
years.

Published July 27, 2022
 * 
 * 
 * 
 * 
 * 

Samsung, the South Korea-based electronics company, has begun applications for
tax breaks on 11 potential chip plants worth about $191 billion in Texas. Chung
Sung-Jun / Staff via Getty Images

Tech companies are influencing a boom in different types of construction, namely
massive data center and manufacturing projects.

Manufacturing construction starts, which include semiconductor plants, electric
vehicle factories and food-related production facilities, reached a record $41.6
billion over the last 12 months ending May 2022. That’s 161% more than the 12
months ending May 2021, according to Dodge Data & Analytics. The sector is
booming in the U.S. as more and more American companies push to onshore their
manufacturing capabilities.


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Massive proposed projects by tech giants include Samsung’s $191 billion worth of
chip plants in Texas, SkyWater Technology’s $1.8 billion Indiana semiconductor
plant and Panasonic’s $4 billion EV battery plant in Kansas, among various other
projects in the pipeline listed below.

Data center construction, for its part, reached $1.4 billion through the first
three months of 2022, a 29.2% increase from the first quarter of 2021, according
to Dodge data. Massive projects in the sector include Meta’s $1.6 billion
investment and Google’s data center expansion plans for this year.

Below are a number of major projects in the manufacturing and data center
sectors:

   


 * SAMSUNG PROPOSES $191B TEXAS SEMICONDUCTOR PROJECT
   
   By Sebastian Obando • July 25, 2022
   
   A critical factor for this potential massive investment in Taylor, Texas, is
   the passage of the CHIPS Act, currently under consideration by Congress. Read
   the full article ➔


 * ONSHORING PUSH CONTINUES WITH $1.8B INDIANA SEMICONDUCTOR PLANT
   
   By Sebastian Obando • July 21, 2022
   
   Semiconductor projects remain in high demand in the U.S. as more American
   companies decide to build domestic manufacturing facilities.  Read the full
   article ➔


 * PANASONIC TO OPEN $4B EV BATTERY PLANT IN KANSAS
   
   By Kate Magill • July 20, 2022
   
   The new project is one of several underway in the industry to grow U.S.
   battery production amid increased demand. Read the full article ➔


 * CLARK BREAKS GROUND ON DATA CENTER PROJECT IN NORTHERN VIRGINIA
   
   By Sebastian Obando • July 20, 2022
   
   The two-story steel structure will sit on a 78-acre campus and is slated for
   completion in the first quarter of 2024. Read the full article ➔


 * REIT ANNOUNCES 1.5 MILLION-SQUARE-FOOT DATA CENTER EXPANSION
   
   By Sebastian Obando • July 15, 2022
   
   QTS, with a data center footprint of more than 7 million square feet,
   announced the expansion to its campus in Henrico County, Virginia. Read the
   full article ➔


 * CHIP MANUFACTURERS PRESS FOR FEDERAL FUNDING AS BILL FLAILS IN CONGRESS
   
   By Matthew Thibault • June 29, 2022
   
   Intel delayed the groundbreaking ceremony on its Ohio facility, pointing
   to legislative inaction on the $52 billion CHIPS Act.  Read the full article
   ➔


 * GENERAL MOTORS AIMS TO MAKE EV CHARGING ACCESSIBLE TO APARTMENT RESIDENTS
   
   By Dan Zukowski • June 29, 2022
   
   Working with cities, states and local GM dealers, the automaker wants to
   solve the challenge of charging access for those who live in multifamily
   dwellings, the automaker’s EV charging analyst explains. Read the full
   article ➔


 * SAMSUNG PICKS BUILDER FOR $17B CHIP PLANT IN TAYLOR, TEXAS
   
   By Julie Strupp • June 22, 2022
   
   Mississippi-based Yates Construction will serve as general contractor for the
   Austin-area semiconductor factory project. Read the full article ➔


 * MATERIALS, LABOR SHORTAGES THREATEN DATA CENTER CONSTRUCTION BOOM
   
   By Sebastian Obando • June 1, 2022
   
   Data center construction has been bursting with opportunity despite supply
   chain issues and high materials prices. A volatile market could stunt that
   progress. Read the full article ➔


 * BECHTEL LAUNCHES DIVISION TARGETING MANUFACTURING, TECH
   
   By Sebastian Obando • May 11, 2022
   
   The company’s former CFO, Catherine Hunt Ryan, will lead the new unit that
   eyes markets such as semiconductors, electric vehicles and data centers. Read
   the full article ➔

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EDITORS’ PICKS

 * Sean Gallup via Getty Images
   
   
   PROPOSED, UNDER CONSTRUCTION, ABANDONED: 6 KEY US PIPELINE PROJECTS
   
   Growing demand and tightening environmental regulations make for a mixed
   outlook for the oil and gas industry.
   
   By Julie Strupp • June 21, 2022
 * Drew Angerer via Getty Images
   
   
   RECESSION WATCH: ABC ECONOMIST SEES ‘DIFFICULT TIMES’ THROUGH 2025
   
   Associated Builders and Contractors’ Anirban Basu said the Federal Reserve’s
   monetary policy to fight inflation will likely tip the economy into
   recession.
   
   By Sebastian Obando • June 16, 2022


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WHAT WE’RE READING

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COMPANY ANNOUNCEMENTS

View all | Post a press release
Colorado Home Builder Announces Groundbreaking Building Approach to Reduce the
Carbon Footprin…
From Thrive Home Builders
July 28, 2022
BURNS & McDONNELL PROMOTES LAURA TOPOROWSKI TO LEAD CONSTRUCTION PROJECTS ACROSS
SOUTHWEST
From Burns & McDonnell
July 27, 2022
BuildersRisk.Net Insurance succeeds in the online market by selling 2554
policies during 2021
From BuildersRisk.Net
July 12, 2022
Industry Dive to be acquired by Informa PLC
From Industry Dive
July 19, 2022
Editors’ picks
 * Sean Gallup via Getty Images
   
   
   PROPOSED, UNDER CONSTRUCTION, ABANDONED: 6 KEY US PIPELINE PROJECTS
   
   Growing demand and tightening environmental regulations make for a mixed
   outlook for the oil and gas industry.
   
   By Julie Strupp • June 21, 2022
 * Drew Angerer via Getty Images
   
   
   RECESSION WATCH: ABC ECONOMIST SEES ‘DIFFICULT TIMES’ THROUGH 2025
   
   Associated Builders and Contractors’ Anirban Basu said the Federal Reserve’s
   monetary policy to fight inflation will likely tip the economy into
   recession.
   
   By Sebastian Obando • June 16, 2022

Latest in Commercial Building
 * CHIPS Act passes House, secures $52B for semiconductor industry
   By Matthew Thibault and Sebastian Obando
 * Top 10 US metros for construction starts
   By Julie Strupp
 * Jacobsen Construction completes one of country’s largest veteran care
   facilities
   By Sebastian Obando
 * Fed hikes interest rate again in bid to tamp down runaway inflation
   By Grace Noto

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