Construction, Aircraft Fuel U.S. Heavy Manufacturing Maintenance

November 28, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. heavy manufacturing sector supplies the nuts and bolts--quite literally--for some of the fastest-growing corners of the economy. These include the construction and aerospace markets, where the pressure is on to keep industry players supplied with the most in-demand machinery and equipment.

Industrial Info is tracking more than 270 maintenance-related projects in the U.S. heavy manufacturing sector that are set to begin in first-quarter 2024, more than 100 of which are attributed to the production of machinery and equipment for the construction, transportation, farming and other industrial sectors. Companies involved include Parker-Hannifin Corporation (NYSE:PH), which specializes in motion and control technologies for the transportation, aerospace and industrial markets; RBC Bearings Incorporated (NYSE:RBC), which also caters to the transportation and aerospace industries; and Astec Industries Incorporated (NASDAQ:ASTE), which specializes in machinery and equipment for asphalt and concrete production

Other companies featured: ABB Limited, Boeing Company (NYSE:BA) and Airbus SE