Planned Second-Quarter Industrial Project Starts Stellar in Ohio
Planned Second-Quarter Industrial Project Starts Stellar in Ohio
Attachment: IIR Chart - Planned Second-Quarter Construction Starts in Ohio
SUGAR LAND--March 26, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--After more than a year of sluggish spending thanks to the national recession and the toll it has taken on the Great Lakes region, signs of a slow recovery abound. The employment situation in the region is slowly improving, and spending is beginning to increase once again. The state of Ohio is a perfect example of this trend. In 2009, slightly more than $1 billion in capital and maintenance project activity took place in Ohio, making the year a very slow one for the state. Looking at projects that are currently scheduled to begin construction in the second quarter of 2010 shows what a dramatic difference a year makes. Industrial Info is currently tracking 62 capital or maintenance projects worth an estimated $11.8 billion that are scheduled to begin construction in the state of Ohio during the second quarter of this year.
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