SOURCE: Industrial Info Resources
July 15, 2016 07:00 ET
SUGAR LAND, TX--(Marketwired - Jul 15, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Texas continues to lead the U.S. for industrial project construction activity, accounting for about 17.5% of the value of projects currently under construction. Earlier this year, Air Products and Chemicals Incorporated (NYSE:APD) (Lehigh Valley, Pennsylvania) began construction on a $400 million hydrogen production plant in Baytown, Texas. At about the same time, FedEx Corporation (NYSE:FDX) (Memphis, Tennessee) began construction on a $118 million distribution center in Cypress, Texas. The FedEx project, scheduled to be completed by 2017, is one project of a $5 billion, two-year capital spending plan FedEx announced earlier this year.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.
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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
See all RSS Newsfeeds