SOURCE: Industrial Info Resources

Industrial Info Resources

February 02, 2011 05:10 ET

Forest Products Industry Spending in 2011 Geared to Energy Investments, a "Navigating the Currents of Change" Webcast on

SUGAR LAND, TX--(Marketwire - February 2, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The outlook for the North American Pulp, Paper & Wood Industry for 2011 reads much like the forecasts of recent years and contains many of the same elements that have led to a continuous flat-line trend in capital spending. Despite shrinking capital budgets, the spending outlook for the next 12 months forecasts several billion dollars in capital and maintenance expenditures. Most of the in-plant expenditures are geared toward energy investments: Companies are investing in increasing electrical generation, improving operating efficiencies by adding new units and rebuilding boilers.

Industry consolidation has been a mark of past years, and there are low expectations for large mergers and acquisitions for 2011. Beyond the recent announcement of Rock-Tenn Company (NYSE:RKT) (Norcross, Georgia) purchasing Smurfit-Stone Container Corporation (NYSE:SSCC) (Chicago, Illinois) for $3.5 billion in cash and stock, there are no transactions of scale on the radar for the rest of the year.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to or visit our website at

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