SOURCE: Industrial Info Resources

Industrial Info Resources

January 27, 2010 05:45 ET

Chicago-Area Spending Low in 2010, but Production on the Rise, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 27, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Nestled on the shores of Lake Michigan, the Chicago area has suffered greatly since the beginning of the recession in December of 2007. High unemployment, plant closures and company consolidation has been the name of the game in the entire Great Lakes region during this time, and the Chicago area has had its fair share of troubles. One bright spot has been capital and maintenance spending in the area, which has remained fairly strong during the period. Looking ahead to the project activity currently planned for 2010, spending is beginning the new year slightly down from a year before, yet production numbers are on the rise.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project spending opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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