E&C Firms Identified in North American Industrial Projects Total $336 Billion So Far in 2008, an Industrial Info News Alert
SUGAR LAND, TX -- (MARKET WIRE) -- 07/01/08 -- Since the beginning of the year, Industrial Info Resources (Sugar Land, Texas) has reported more than 1,900 major industrial projects in North America (U.S., Canada and Mexico) with engineering and/or construction firms identified. These projects represent $336 billion in total investment value (TIV). This equals about 34% of the total number of projects reported during the first six months of 2008 that had engineering and construction firms identified. The Power Industry has the most projects with E&C firms identified with 311 projects totaling $153 billion. The Metals & Minerals Industry is second with 161 projects totaling $40 billion. During the first quarter of 2008, Freeport-McMoRan's (NYSE: FCX) began operation at the newest copper mine in the U.S., in Safford, Arizona.
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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.
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