SOURCE: Industrial Info Resources
December 05, 2012 06:00 ET
SUGAR LAND, TX--(Marketwire - Dec 5, 2012) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Before the doors close on 2012, the North American Pharmaceutical & Biotech Industry is on track to wrap up nearly $16 billion worth of capital and MRO (maintenance) investments. Spread over 716 individual projects, this figure covers all the projects scheduled for completion from January 1, 2012, through December 31, 2012. While some of the large projects started construction this year, others began years ago. With projects reported for both the manufacturing and research sectors, the 2012 number represents a small increase of 31 projects, or 5%, over 2011, when 685 projects were completed.
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