Classes and Construction Cranes Now in Session: $15.6 Billion of Construction for Laboratory Projects Occurring on North American Campuses

SUGAR LAND--August 28, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--College campuses across North America are preparing for the annual influx of students as another school year begins. In addition to the dorms and lecture halls, students will be met by construction cranes and crews, all busy building new laboratory facilities totaling $15.6 billion. A recent survey of Industrial Info's Pharmaceutical Tracker - Online Database has revealed that 188 projects are currently under construction on college and university campuses. With an average total investment value (TIV) of $83 million, it becomes quite obvious that schools large and small find funding these types of capital projects very important.