SOURCE: Industrial Info Resources

August 04, 2009 07:01 ET

New York and Life Science Reign as Capital Investment Leaders for August 2009 Project Starts in Northeast Region, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 4, 2009) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- New York can claim bragging rights for the month of August in the Northeast region of the U.S. thanks to its expected14 capital project starts, representing $2 billion, with a particular focus on the construction of research labs. Currently, the entire region, which is comprised of Delaware, New Jersey, New York and Pennsylvania, should see 27 projects with a combined total investment value (TIV) of $2.2 billion begin construction throughout the end of the month. A recent survey taken from Industrial Info's PECWEB Direct reveals the region as a whole is carrying a hefty project average TIV for the month of $81 million.

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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 related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, 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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