SOURCE: Industrial Info Resources

Industrial Info Resources

May 23, 2011 06:50 ET

Controversial Rail Projects Remain Big Business in the United States, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 23, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Spending on rail projects, be it light, commuter or high-speed, has been a hot-button topic in Washington, D.C., for some time now. Democrats have committed to spending billions of dollars on improving and expanding the nation's rail system, while Republicans have vowed to halt the spending, claiming the money could be better spent reducing the deficit. Some recently elected state governors have gone so far as to return allocated rail money, refusing to spend it on rail projects in their states. Despite the controversy surrounding rail in the U.S., rail projects remain big business in this country with billions of dollars spent each year on new rail projects, extensions of existing rail systems, or upgrades and modifications to existing systems to help them operate more efficiently.

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