U.S. Northeast to See More than $8 Billion in Project Kickoffs in Second-Quarter 2016, Fueled by Region's Natural Gas
Attachment: northeastq216
SUGAR LAND--March 7, 2106--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Northeast region is looking at its highest total investment value (TIV) for quarterly kickoffs since at least 2014, with more than 200 projects worth $8.25 billion set to begin construction from April through June, according to Industrial Info's project database. Natural gas-related projects are driving much of the growth--not surprising, given the generous resources found in the Marcellus and Utica shales. More than 80% of the TIV can be attributed to just four industries: Power, Oil & Gas Pipelines, Industrial Manufacturing, and Pharmaceutical & Biotech. Within this article: Details on second-quarter kickoffs in the U.S. Northeast region, including key projects from major companies such as Public Service Enterprise Group Incorporated (NYSE:PEG), Energy Transfer Partners LP's (NYSE:ETP) and FedEx Corporation (NYSE:FDX). Other companies featured: General Electric (NYSE:GE)
