SOURCE: Industrial Info Resources

Industrial Info Resources

January 14, 2010 05:00 ET

Great Lakes Region Ends 2009 With $14 Billion in Construction Starts, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 14, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The recession that has hammered the United States since December 2007 has caused problems in every region of the country. Combine the economic collapse with the massive job losses in the past 18 months, and you have a situation that turned dire in the first half of 2009. The Great Lakes region has felt both the economic decline and the job losses more than most regions, thanks to its massive manufacturing base and its traditional reliance on the automotive and heavy manufacturing sectors. However, despite these significant problems, the region still managed to invest more than $14 billion in capital and maintenance projects that began construction 2009.

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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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