SOURCE: Industrial Info Resources

Industrial Info Resources

November 14, 2012 06:15 ET

Spending Among U.S. Automakers Expected to Be Slow Entering 2013, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Nov 14, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Looking ahead to what the U.S. automotive sector will do in 2013, we see that spending is expected to be slow at the beginning of the year for a variety of reasons. Industrial Info is currently tracking only 146 capital or maintenance projects worth an estimated $758 million within the automotive sector that have a planned construction start date in 2013. However, with sales consistently increasing on a monthly basis and each of the automakers increasing their projections for sales and production on a monthly basis, spending will not stay this low for long.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=231171&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.

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 www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147