SOURCE: Industrial Info Resources

Industrial Info Resources

July 19, 2012 06:00 ET

North America Faces Shortage of Welders, Despite High Unemployment Rates, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 19, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- At a time news buzzes with reports of the high rate of unemployment among Americans, the industrial sector faces fierce competition over skilled labor, specifically welders. Any industry that involves pipes, vessels, tanks or movement of liquids and/or gases requires the services of certified welders to build and maintain its facilities. Industrial Info is currently tracking more than 15,000 projects in North America across all industries, representing more than $2.16 trillion in investments. The overwhelming majority of these projects, estimated to be worth at least $1.5 trillion, will require some form of welding services. In other words, about 8,900 industrial projects are looking for welders. However, project managers are constantly coming up short on finding or spending exorbitant amounts on keeping welders.

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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 "Contact Us" page.

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