SOURCE: Industrial Info Resources

September 26, 2007 07:01 ET

Total Industrial Project Spending for Southwest Market Region Forecast to Exceed $45 Billion in 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 26, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking an estimated $45.7 billion in total capital and maintenance planned to begin construction in 2008 in the southwest market region as part of its North American Industrial Database. This level of spending matches activity identified for 2007 in the same period last year almost exactly when spending was forecast at $45.3 billion. The new spending reported for 2008 so far represents more than 700 individual projects spread across 12 industries with nearly 200 of those projects being planned maintenance turnarounds or outages valued at more than $1.1 billion.

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