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North American Pharmaceutical-Biotech Industry to Inject a Healthy $5.6 Billion in 2Q06 Project Spending, an Industrial Info News Alert

Posted on: Monday, 24 April 2006, 09:00 CDT

Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas). An analysis of 2Q06 project activity reveals that the North American Pharmaceutical-Biotech Industry is currently forecast to begin construction of $5.6 billion of capital and MRO (maintenance) projects. Drawn from data contained within Industrial Info Resources' Pharmaceutical Tracker - Online Database (http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=market coverage_pharmtracker&tab=A) (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.), this spending is currently spread over 131 active projects expected to kick off during the second quarter.

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Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world. For more information send inquiries to pharmabiogroup@industrialinfo.com or visit us at www.industrialinfo.com.

Source: Business Wire

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