SOURCE: Industrial Info Resources

Industrial Info Resources

January 12, 2011 05:40 ET

Project Spending in 2011 Expected to Surge for U.S. Transport Companies, Semiconductor Manufacturers, a "Navigating the Currents of Change" Webcast on

SUGAR LAND, TX--(Marketwire - January 12, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Within the Industrial Manufacturing Industry, transportation companies and semiconductor manufacturers in the U.S. are expected to dramatically increase spending for capital and maintenance projects in 2011, David Pickering, Industrial Info's vice president of research for Industrial Manufacturing, said in an exclusive "Navigating the Currents of Change" interview.

Companies in the Transportation Systems segment are scheduled to kick off $23.7 billion of projects in 2011, up sharply from the $4.4 billion of projects that began in 2010, Pickering said. Semiconductor manufacturers are scheduled to begin work on $5.3 billion of projects this year, up from $1.6 billion of projects that kicked off in 2010. Click here to hear this and other "Navigating the Currents of Change" webcasts.

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