U.S. to See Up to $2.33 Billion in Automotive Project Starts in Fourth-Quarter 2015
SUGAR LAND--September 29, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. automotive observers have predicted the industry will sell more than 17 million light vehicles this year, marking the sixth straight year of growth following the recession of 2009. Industrial Info is tracking 275 active U.S. automotive projects worth $2.33 billion with fourth-quarter 2015 capital and maintenance project kickoffs. This includes 200 plant maintenance projects, worth $223 million.
Not too surprisingly, Michigan, with its deep automotive roots, is home to 50 project kickoffs with a combined spend of nearly $1.17 billion.
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