SOURCE: Industrial Info Resources

September 21, 2007 09:18 ET

Adjusted Forecast Shows 20% Increase in North American Metals & Minerals Industry Project Spending for 2007, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 21, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The magnitude and quantity of project spending in the Metals & Minerals Industry has been on an upward trend in North America for the past several years. Tremendous engineering and construction activity is underway in 2007, putting a strain on equipment and service providers, delaying project implementation and increasing costs across the country. Early projections based on planned projects indicate that 2008 will exceed 2007 in project spending.

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