SOURCE: Industrial Info Resources

October 02, 2007 06:01 ET

Capital/MRO Project Starts for 4Q07 Jump 135% to $2.6 Billion in Northeast, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 2, 2007) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- In terms of industrial project starts, the Northeast region is poised for a strong fourth quarter this year. Encompassing New York, New Jersey, Pennsylvania and Delaware, the region is forecast to begin construction on 117 capital/MRO (maintenance) projects carrying a total investment value (TIV) of $2.6 billion. This represents an increase of 135% over the same quarter last year.

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