SOURCE: Industrial Info Resources
SUGAR LAND, TX--(Marketwired - Apr 30, 2013) - Industrial Info Resources (Sugar Land, Texas) -- is tracking more than $209.7 billion in industrial projects that are under way or planned to kick off in 2013 and beyond in the U.S. Gulf Coast region. A substantial portion of this spending stems from the large amount of inexpensive natural gas entering the U.S. market from shale play production.
As U.S. natural gas production continues escalating, bringing an abundance of low-priced gas to the market, companies continue planning the construction of liquefied natural gas (LNG) trains and export facilities. U.S. natural gas producers stand to gain tremendously by exporting LNG to overseas markets, such as Asia and Europe, where prices might be five times the current low U.S. natural gas price. As these projects unfold, Industrial Info is expecting a sharp rise in labor demand in certain areas of the Gulf Coast region.
Three industries dominate the project spending in the region: Power, Chemical Processing, and Oil & Gas Production (including LNG). Planned projects in these industries have a total investment value of $171 billion, representing more than 80% of total project spending in the region.
Industrial Info's latest map series, the Gulf Coast Industrial Market Information Map Series provides marketing and sales professionals a clear view and solid starting point on the opportunities available in the Gulf Coast Region from Alabama to Florida.
As part of the map series, the Gulf Coast Spending Activities Wall Map provides a broad view of the region, showing the locations of all plants in operation and under development that have project spending activities.
In addition, four Gulf Coast Locator Wall Maps are available that focus on specific regions of the Gulf Coast; these maps illustrate all plants that are operational and under construction, and provide basic information on the project spending associated with them.
The locator maps are provided for the following regions:
These maps are a crucial tool for sales and marketing professionals to identify opportunities in the Gulf Coast region.
Click here for additional information or to order one or more of our Project Restart maps, or visit our map store (http://www.industrialinfo.com/store/maps.jsp) to see these and IIR's other available maps.
Save 10% on your Gulf Coast map order by using promotion code GULF10 through May 31.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.