SOURCE: Industrial Info Resources

Industrial Info Resources

March 10, 2011 07:20 ET

Energy Project Spending to Soar This Year in Texas, U.S. and Overseas, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 10, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The North American industrial economy has come back from the dead, in part due to increased spending on capital and maintenance projects by energy companies. And this spending could rise further if unrest continues in the Middle East.

Houston-area energy companies plan to kick off billions of dollars in capital and maintenance projects this year, according to project data tracked by Industrial Info. In addition, as energy prices rise, energy-related project spending is scheduled to rise in Texas, across North America and around the world this year.

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