SOURCE: Industrial Info Resources

Industrial Info Resources

May 24, 2016 06:30 ET

Ontario Sees Familiar (and Unreliable) Faces in Third-Quarter 2016 Project Kickoffs as Construction Dates Pushed Back, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 24, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Ontario may not be facing the natural disaster currently consuming much of Alberta's wilderness, but uncertainty persists for much of its third-quarter 2016 construction starts. The province's kickoffs for the quarter, according to Industrial Info's Project Database, have a total investment value (TIV) of $2.15 billion, a notch higher than what was predicted at this time last year for third-quarter 2015, and more than 80% of the total can be attributed to just three industries: Metals & Minerals, Power and Chemical Processing. But the prospects for the largest of these -- a massive mining project that accounts for almost half of the TIV -- are shaky at best.

Within this article: Details on key projects set to begin construction in third-quarter 2016, from major companies such as Vale S.A. (NYSE:VALE), Canadian Solar (NASDAQ:CSIQ), Spectra Energy Corporation (NYSE:SE), NOVA Chemical Corporation, Algonquin Power & Utilities Corporation, Ontario Graphite Limited and WPD Canada Corporation.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.

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