SOURCE: Industrial Info Resources

January 08, 2008 07:01 ET

Pharma-Biotech Industry's 2007 Capital Investment Review: North American Construction Starts Jump 22% to $13.9 Billion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 8, 2008) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- The oft-quoted phrase "It was the best of times, it was the worst of times" can be aptly applied to the Pharmaceutical & Biotech Industry in 2007. Plant closures, major layoffs -- it seemed that barely a week went by last year without yet another announcement of an industry in transition. Yet, in spite of the dire headlines, a recent survey of active reported North American projects in Industrial Info's Pharma-Biotech Industry - Project Database has revealed that an impressive 401 capital and MRO (maintenance) projects began construction in 2007.

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