New York Grabs 57% of Northeast Region’s $8 Billion of Capital Project Investment in 3Q08, an Industrial Info News Alert
Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) — The Northeast region expects to begin construction on $8.1 billion of capital projects in the third quarter of this year. Divided among 159 projects, the average total investment value (TIV) for each project is a healthy $51 million. The region’s clear leader in capital investment for the quarter is New York, with a stunning $4.6 billion in scheduled project starts. The remaining activity is spread throughout the Northeast’s other states of Delaware (six projects — TIV of $53 million), New Jersey (22 projects — TIV of $393 million) and Pennsylvania (74 projects — TIV of $3.1 billion).
For details, view the entire article by subscribing to Industrial Info’s Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=137567, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to firstname.lastname@example.org or visit us online at www.industrialinfo.com.
Related News Articles
Northeast Regional Plant Watch: Companies to Pull the Plug on 25 Facilities by Year’s End
Almost 65,000 U.S. Manufacturing Jobs Anticipated in Second Half of 2008
U.S. and Canada Bulk Liquids Terminals Industry Lines Up $5.4 Billion in Project Spending
Contact: Joe Govreau 713-783-5147
SOURCE: Industrial Info Resources