SOURCE: Industrial Info Resources

January 29, 2008 08:01 ET

Four Hundred Eight U.S. Industrial Plants Go Online in 2007, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 29, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In 2007, 408 industrial plants employing almost 29,000 people began operations in the U.S. At the same time, 268 plants employing almost 57,000 people closed and ceased operations. Taking into account these two facts underscores a few important trends occurring in the U.S. industrial market. This is only a partial view of the industrial employment trend in the U.S., as it does not take into consideration plants that expanded and added employees, or the large number of plants that suffered layoffs in 2007, such as at Ford (NYSE:F) (Dearborn, Michigan) and General Motors (NYSE:GM) (Detroit, Michigan).

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Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. Celebrating its 25th anniversary, IIR provides accurate and timely intelligence featuring plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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