Texas, Louisiana Gear Up for More Than $116 Billion in 2014 Industrial Project Starts
Attachment: Planned 2014 Project Starts in Texas and Louisiana
SUGAR LAND--January 10, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--More than $116 billion in industrial capital and maintenance projects are on the books to kick off in Texas and Louisiana in 2014, according to Industrial Info Resources' North American Project Database.
Texas accounts for about $70.9 billion of these planned projects, while Louisiana has about $45.7 billion in projects that are currently planned to break ground this year. Although many of these projects will be pushed out to future dates or canceled altogether, the two states are starting the year with a very high value of planned industrial construction starts.
As in 2013, the highest-value industries in regard to planned projects for the two states are Oil & Gas Production and Chemical Processing, which account for $47.35 billion and $31.64 billion in planned project value, respectively.
Industrial Info will be discussing these projects and other spending trends at our upcoming 2014 Market Outlook & Networking Event, which will be held January 29 at the Hilton Americas in Houston. Industrial Info's team of industry experts will be discussing spending activity and market trends in the U.S. and Canada, with special emphasis on the Southwest and U.S. Gulf Coast regions. Attending the event is free and will be followed by a networking session with drinks and hors d'oeuvres that will give you chance to ask questions of our presenters and mingle with your peers.
In addition to the Chemicals and Oil & Gas industries, other highlighted industries will include Petroleum Refining, Power Generation, Metals & Minerals. as well as a top-line spending forecast for North America. Space is limited, so make sure to RSVP today!
