SOURCE: Industrial Info Resources

May 13, 2008 06:00 ET

Fifty-Five Grassroot Plants to Begin Construction During Third Quarter in Great Lakes Region, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Spending in the Great Lakes region has been trending downward during the first half of 2008. With the U.S. economy taking a turn for the worse and gas prices threatening to hit $4 per gallon, manufacturers have been hesitant to continue along the line of major spending that they had for the last several years in the region. However, despite economic uncertainty, billions of dollars are still expected to be invested in the region each quarter, including 55 grassroot plants that are currently scheduled to begin construction during the third quarter.

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