U.S. Mid-Atlantic and Northeast Regions Plan for $50 Billion in Project Starts
in Next 12 Months
SUGAR LAND, TX -- (Marketwired) -- 04/22/14 -- Industrial Info
Resources (Sugar Land, Texas) will be hosting its North American
Market Outlook and Networking Event on May 7 at The Ritz-Carlton in
Washington, D.C. Topics will include the trends and market situations
driving more than $50 billion in planned project starts in the
Mid-Atlantic and Northeast market regions over the 12 months from May
2014 through April 2015.
While spending is strong among most industrial sectors, the highest
total investment value, as usual, comes from the Power Industry.
Currently, the 10 highest-value Power projects being tracked by
Industrial Info in these regions represent more than $8 billion in
planned spending and are all natural gas-fired power projects -- both
grassroot construction and addition and expansion projects.
The Industrial Manufacturing Industry and Oil & Gas Production
Industry also show quite high planned spending over the next 12
months. Much of the Industrial Manufacturing spending comes from
planned light rail projects in the Baltimore area.
Dominion Resources Incorporated's (NYSE:D) (Richmond, Virginia) Cove
Point liquefied natural gas plant in Maryland is one of the
highest-priced projects planned to kick off in the area in the next
12 months. This project and a planned gas-to-liquids project in West
Virginia account for about $6 billion in planned Oil & Gas Production
spending in the area.
Industrial Info's May 7 Market Outlook in Washington, D.C. will
provide a topline spending forecast for the U.S. and Canada, with a
special emphasis on the Northeast and Mid-Atlantic regions. Our
industry experts will provide in-depth presentations for the
-- Power Generation
-- Oil & Gas Terminals, Transmission and Production
-- Petroleum Refining
-- Metals & Minerals
-- Chemical Processing
Anetworking event with cocktails and hors d'oeuvres will follow,
allowing you to ask questions of our industry experts and socialize
with your peers. Space is limited, so RSVP today!
Industrial Info Resources (IIR), with global headquarters in Sugar
Land, Texas, three offices in North America and ten 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(TM), 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.
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