Life Science Sector Delivers $3.2 Billion in Investments for Third-Quarter 2010 North American Construction Starts
Life Science Sector Delivers $3.2 Billion in Investments for Third-Quarter 2010 North American Construction Starts
Attachment: IIR Table - Top 25 Life North American Life Science Projects in 3Q10
SUGAR LAND--October 8, 2010--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--In these tumultuous times, it is often difficult to discern what is happening in the life science industry in terms of capital project investment. Theories abound and projections exist, but a look at the recent past shows where it stands today. An analysis by Industrial Info's Pharmaceutical Tracker - Online Database of active capital and maintenance (MRO) projects revealed that during the third quarter of 2010, the life science sector kicked off a healthy $3.2 billion worth of construction activity in North America. In July, the McKesson Corporation (NYSE:MCK) (San Francisco, California) began a $186 million project in Olive Branch, Mississippi.
Other companies featured: Alexandria Real Estate Investment Equities Incorporated (NYSE:ARE)
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