SOURCE: Industrial Info Resources

Industrial Info Resources

September 19, 2011 06:30 ET

Illinois Leads U.S. in Third-Quarter Industrial Project Completions, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Sep 19, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking more than $19 billion in U.S. industrial projects that have been completed or are scheduled for completion during the third quarter of this year. As usual, the Power Industry leads the way in terms of the value of projects completed, with approximately $4.28 billion in planned third-quarter completions.

The Great Lakes market region leads the nation for third-quarter project completions, thanks largely to high-dollar projects in Illinois.

These include Peabody Energy Corporation (NYSE:BTU) subsidiary Prairie State Generating Company LLC's (Marissa, Illinois) completion of the grassroot Lively Grove underground coal mine near Marissa. The $1 billion project is part of the larger Prairie State Energy Campus, a mine-mouth power plant that will begin generating electricity by the end of this year.

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