SOURCE: Industrial Info Resources

March 26, 2008 06:30 ET

Value of Industrial Project Spending in the Carolinas Increasing, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 26, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The value of planned industrial project spending in the Carolinas has increased 25% compared with 2005 when $5.8 billion was planned. There are 241 projects planned to begin construction in 2008 in North and South Carolina totaling more than $7.3 billion in total investment value (TIV). The Power Industry has the most investments planned, with one of the larger projects being Duke Energy Carolinas LLC's (NYSE:DUK) (Charlotte, North Carolina) construction of a $2.4 billion coal-fired unit addition at its Cliffside Power Station in Cliffside, North Carolina.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=130170, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

Contact Information

  • Contact:

    Joe Govreau
    713-783-5147