SOURCE: Industrial Info Resources

Industrial Info Resources

June 06, 2012 06:40 ET

Great Lakes Region to See $14.6 Billion in Capital and Maintenance Projects Begin in Third-Quarter 2012

SUGAR LAND, TX--(Marketwire - Jun 6, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Great Lakes region of the United States has struggled to recover from the recession. When the recession hit, tens of thousands of jobs were lost and hundreds of plants closed as companies did what was necessary to remain in business. Since its end, however, the region has been pulling out all the stops to attract business back within its borders and to regain at least some of what was lost. While jobs have been slow to return, spending has ramped up again, which will mean more jobs down the road. Looking ahead at the third quarter of 2012, $14.6 billion worth of capital or maintenance projects are currently scheduled to begin construction during those months, which is certainly a step in the right direction for the region.

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