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Wednesday, June 10, 2026
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Economic Indicators

2Q 2026 (2nd Est.)

GDP
1.6%

May 2026

ISM
54%

April 2026

Unemployment Rate
4.3%

March 2026

New Orders
1.5%

April 2026

Industrial Production
0.7%

April 2026

Capacity Utilization
76.1%

Latest Headlines

Daily News Cast

Featured Story

Automation, Expansions Dominate U.S. Warehouse Project Space

Published

Industrial Info Resources is tracking more than $4.6 billion in U.S. warehousing and distribution projects set to begin construction in the third quarter

By William Ploch, Assistant Editor-in-Chief

Read the Article
  • Major Bruce Nuclear Project in Canada Wraps Up Ahead of Schedule

    Published

    The refurbishment of Unit 3 at the Bruce Nuclear Generating Station in Ontario wrapped up ahead of schedule. Industrial Info is tracking US$228 billion worth of active and planned Power Industry projects across Canada, with about 35% of the investment attributed to nuclear power.

    By Daniel Levin, Assistant Editor

  • Native American Tribes Play Key Role in Drive for U.S. Energy Dominance

    Published

    An estimated 575 Native American tribes sit atop or near about $1.2 trillion in mineral wealth in the U.S., speakers told a Western mining conference last month. The Trump administration's energy dominance agenda will require the federal government to work more collaboratively with tribes, they said.

    By Brian Ford, Editor-in-Chief

  • Brazil Hits Oil & Gas Production Record

    Published

    In April, Brazil hit a new oil and gas production record, representing a 20.3% year-on-year increase.

    By Eric Funderburk, Promotions & Advertising Specialist

Colorado's Aggressive Renewable-Energy Push Proves Prosperous

Published

Industrial Info Resources is tracking more than $35 billion worth of active and proposed renewable-energy projects in Colorado

By William Ploch, Assistant Editor-in-Chief

Corning to Supply Amazon Data Centers with Fiber Optics

Published

Corning has signed a deal to supply Amazon's with fiber optic components.

By Eric Funderburk, Promotions & Advertising Specialist

U.S. Clean Power Groups Sue DOD Over Delays in Wind Project Permitting

Published

On May 31, four clean energy groups filed suit against U.S. Defense Secretary Pete Hegseth and the Department of Defense, arguing that the department "has engaged in sweeping efforts to block wind-energy projects" using a variety of tactics.

By Eric Funderburk, Promotions & Advertising Specialist

New SMR Power Plant Proposed for Sweden

Published

Sweden's government has received its third application to build a nuclear power plant based on small modular reactor (SMR) technology just months after approving new draft laws to make it easier to build new nuclear power plants.

By Martin Lynch, European News Editor

3

MarCon*

IIR Weekly Market Scorecard

Week 06/01/26 - 06/08/26

Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies

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Featured Story

Fuel Cell Manufacturing, Deployment Gain Ground in U.S.

Published

U.S. data center developers are increasingly targeting fuel cell technologies to power their facilities, and fuel cell manufacturers are stepping up to keep pace with demand.

By Eric Funderburk, Promotions & Advertising Specialist

  • Four Western U.S. States Join to Boost Geothermal Energy

    To encourage research and adoption of geothermal energy, a bipartisan group of governors from four mountain states have announced a coalition

    By William Ploch, Assistant Editor-in-Chief

    Published June 02, 2026 Read Article
  • Atlantic Hurricane Season Begins, El Niño Expected to Limit Tropical Activity

    The 2026 Atlantic hurricane season begins with NOAA and Industrial Info Resources forecasting near- to below-normal activity. While El Niño is expected to suppress storm development, warm Atlantic waters would support tropical cyclone formation and rapid intensification. For energy and industrial operators, risk remains elevated due to the 25 refineries, 14 LNG facilities, along with petrochemical assets, and power infrastructure along the Gulf and Atlantic coasts.

    By Brian Ford, Editor-in-Chief

    Published June 01, 2026 Read Article
  • U.S. Energy Storage Deployments Rose, But Clouds are On the Horizon

    Approximately 9.7 gigawatt-hours (GWh) of battery energy storage systems (BESS) were deployed in the U.S. in the January-March 2026 period, a 32% increase over the comparable year-earlier quarter.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 01, 2026 Read Article
  • See More Power News

Featured Story

Canada, South Korea Look to Expand Energy Trade

Published

Canada and South Korea agree to expand their trade relationship on energy goods. A South Korean company is part of the joint venture behind the LNG Canada export facility.

By Daniel Levin, Assistant Editor

  • QuiĂ©n ganará las elecciones presidenciales de Colombia y quĂ© está en juego?

    Tres candidatos presidenciales destacados presentan posturas distintas sobre la minería y las industrias extractivas de cara a las elecciones del domingo 31 de mayo. Las encuestas apuntan a una probable segunda vuelta, con importantes implicaciones para las políticas de hidrocarburos, minería y transición energética de Colombia.

    By Brian Ford, Editor-in-Chief

    Published May 29, 2026 Read Article
  • Canadian Energy Trade Still Tied to U.S. Economy

    Canadian Prime Minister Mark Carney wants to cut U.S. trade in response to President Donald Trump's aggressive rhetoric. Recent federal data from Canada show that would be an uphill battle.

    By Brian Ford, Editor-in-Chief

    Published May 29, 2026 Read Article
  • Canada's Ksi Lisims LNG a Slam Dunk, Premier Says

    Industrial Info Resources is tracking 12 LNG projects across Canada, valued at more than US$51 billion, including export developments along Canada's western shores.

    By William Ploch, Assistant Editor-in-Chief

    Published May 28, 2026 Read Article
  • See More Oil & Gas News

Featured Story

U.S. Renewable Fuels Policy Changes Could Benefit Domestic Farmers

Published

In the last year, the U.S. has made "an unprecedented number of policy changes in the biofuels space" at both national and state levels. Changes involve finished products and feedstocks.

By Eric Funderburk, Promotions & Advertising Specialist

  • Hormuz Blockades Boost Global Renewable Fuels Mandates

    Published

    Renewables gain new momentum replacing some transportation fuels choked off behind the Strait of Hormuz. According to Industrial Info Resources data, there are nearly 5,000 renewable fuel projects around the world, with an investment value of $303 billion.

    By Daniel Levin, Assistant Editor

  • Europe's Plan to Combat Fuel Crisis

    Published

    The European Commission (EC) has launched a toolbox of measures called AccelerateEU to help relieve the pressure on European industry and households caused by the war in Iran and its ongoing global impact on fuel supplies and rocketing prices.

    By Martin Lynch, European News Editor

  • See More Alternative Fuel News

Featured Story

Lula y Petrobras anuncian una inversiĂłn de 37 mil millones de reales en SĂŁo Paulo, destacando la refinerĂ­a REPLAN

Published

Petrobras, la empresa brasileña, planea invertir 37 mil millones de reales (US$7.300 millones) para fortalecer la infraestructura energética de São Paulo. Petrobras busca aumentar significativamente la producción de diésel con ultrabajo contenido de azufre (S-10) y combustible de aviación sostenible (SAF).

By Brian Ford, Editor-in-Chief

Featured Story

BP Selling Stakes in Key U.K. Carbon Capture Projects

Published

BP continues its withdrawal from renewable energy and carbon capture projects with the announcement that it will sell its stakes in two of the U.K.'s leading carbon capture and storage (CCS) projects.

By Martin Lynch, European News Editor

  • U.S. Chemical Investments Shift Amid Fertilizer Crisis

    While agricultural producers are clamoring for fertilizer amid a global shortage, domestic petrochemical producers are realizing they may have put too much on the market.

    By William Ploch, Assistant Editor-in-Chief

    Published April 29, 2026 Read Article
  • Vietnam Petrochemicals Plant Halts Operations Again

    Having resumed operations in August 2025 after a nearly year-long suspension because of the oil price surge, Long Son Petrochemicals (LSP), a Vietnam subsidiary of Siam Cement Group (SCG) is once again facing an operational halt due to the continuing conflict in the Middle East.

    By Ralph Diasanta, Research Specialist

    Published April 28, 2026 Read Article
  • U.S. Occidental Petroleum Sees Lower Realized Oil Price in First Quarter

    Occidental Petroleum continues to face market headwinds. Its realized crude oil price for the first quarter was about 13% below the global average during the first quarter. Industrial Info Resources is tracking seven projects led by Occidental Petroleum in the United States slated for capital spending this year.

    By Brian Ford, Editor-in-Chief

    Published April 14, 2026 Read Article
  • Fluor Secures Contracts for Two High-Profile Proposed U.S. Projects

    Fluor received contracts for two major proposed projects in the U.S.--a new domestic crude oil refinery, as well as SMR construction at a Dow chemical site, both in Texas. Industrial Info is tracking more than US$45 billion worth of active and proposed projects worldwide featuring Fluor's services, more than US$12 billion of which is attributed to projects in the U.S.

    By Daniel Levin, Assistant Editor

    Published April 09, 2026 Read Article
  • See More Chemical Processing News

Featured Story

Unionized Workers Halt Operations at Mexico's Camino Rojo Gold Mine

Published

Operations at Orla Mining's Camino Rojo gold mine in Mexico have been halted by protesting workers since June 1 over bonus payments.

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Active U.S. Pulp & Paper Project Construction Adds Up to $7.3 Billion

Published

Industrial Info Resources data find $7.3 billion worth of Pulp & Pulp construction projects underway in the U.S. and another $5.5 billion worth in the planning and engineering stages.

By Eric Funderburk, Promotions & Advertising Specialist

  • Supreme Court Rejects Trump Tariffs under IEEPA

    In a 6-3 decision Friday, the U.S. Supreme Court ruled that President Donald Trump exceeded his legal authority in unilaterally imposing unbounded tariffs on nearly every country in the world using a 1970s-era emergency economic law.

    By Brian Ford, Editor-in-Chief

    Published February 20, 2026 Read Article
  • Presidents Day Weekend Storm Threats Loom for Southeast, East Coast

    A winter storm is expected to move from the U.S. Southwest across the southern Plains and into the East this weekend. This system is forecast to bring heavy rain and localized flooding.

    By William Ploch, Assistant Editor-in-Chief

    Published February 12, 2026 Read Article
  • CMPC Launches Mega Pulp Mill Project

    CMPC is moving ahead with a major investment to build a new pulp mill in Barra do Ribeiro, in Brazil's Rio Grande do Sul state

    By Maria Lidia Lozano, Food & B. / Pulp, P. & W. / Alternative Fuels Latam Regional Manager

    Published February 05, 2026 Read Article
  • See More Pulp, Paper & Wood News

Featured Story

From Farm to Table, Iran Blockade-Based Food Inflation Continues

Published

Farmers and consumers alike are pressed by rising fertilizer and fuel costs, resulting from Hormuz blockades. According to Industrial Info Resources data, more than 28,000 food and beverage projects worldwide total $428 billion of investment.

By Daniel Levin, Assistant Editor

  • U.S. Customs Says It Needs Time to Refund Tariffs

    A federal trade court was told March 6 that it would take about 45 days to reconfigure the systems and processes used by U.S. Customs and Border Protection before it could begin making refunds on tariffs it has collected.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 10, 2026 Read Article
  • U.S. Soft Drink Projects Bring $2.4 Billion in Active Construction

    The manufacture of soft drinks, juice drinks, bottled water and similar beverages means big business in the U.S., and the producers and bottlers of these beverages are at work on projects across the country.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 05, 2026 Read Article
  • U.S. Soybean-Crushing Facilities Add Billions to Nation's Project Spending

    With more than $2 billion of projects at U.S. soybean-crushing plants rated as medium- or high-probability in the works, the sector is led by Illinois, where one grassroot plant presently is under construction and two others are being expanded.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published February 09, 2026 Read Article
  • Landmark Europe-India Free Trade Deal

    The European Union (EU) has signed its largest ever free trade agreement with India as it seeks to create new economic ties at a time of geopolitical unrest caused by China, Russia and the U.S..

    By Martin Lynch, European News Editor

    Published February 09, 2026 Read Article
  • See More Food & Beverage News

Featured Story

ISM: U.S. Manufacturing Activity Strengthens

Published

The Institute of Supply Management's (ISM) Manufacturing Purchasing Managers Index, an indicator for the level of economic activity in U.S. manufacturing, reached its highest level since May 2022.

By Daniel Levin, Assistant Editor

  • U.S. Aircraft, Part Manufacturing Bring Billions in Spending

    Industrial Info Resources is tracking $17 billion worth of capital-spending projects related to the manufacturing of aircraft and aircraft parts in the U.S., including those from Boeing. The U.S. aircraft sector encompasses both defense and commercial aircraft and means big business throughout the country.

    By Daniel Levin, Assistant Editor

    Published May 08, 2026 Read Article
  • Active U.S. Chiller-Boiler Construction Tops $1 Billion

    At seemingly every moment, someone, somewhere in the U.S. is at work on a boiler and/or chiller system. Industrial Info Resources data find around $1.3 billion worth of U.S. boiler and chiller projects that are actively under construction.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 08, 2026 Read Article
  • AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

    Power company American Electric Power this week boosted its five-year spending plan by $6 billion to $78 billion after signing multiple large-load agreements in the first quarter.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 07, 2026 Read Article
  • See More Industrial Manufacturing News

Featured Story

Indiana, North Carolina Highlight Billions in U.S. Pharmaceutical-Biotech Investment

Published

According to Industrial Info Resources data, major developments in Indiana and North Carolina lead the U.S. with $76 billion worth of Pharmaceutical & Biotech Industry projects under construction. This is buoyed by high-dollar efforts from industry giants such as Eli Lilly and Company, Novo Nordisk and Johnson & Johnson.

By Daniel Levin, Assistant Editor

  • U.S. Plans for More than $5.5 Billion in Medical Device Projects

    Industrial Info is tracking more than $5.5 billion of current and potential U.S. projects to research, develop and manufacture the devices and equipment that keep the medical sector functioning.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published February 18, 2026 Read Article
  • Vetter Expands German Operations with New Pharma Plant

    Germany's Vetter Pharma-Fertigung GmbH & Co KG is expanding its home-country operations with plans to spend 480 million euro (US$574 million) to build a state-of-the-art production facility in Saarlouis, in southwest Germany.

    By Martin Lynch, European News Editor

    Published February 13, 2026 Read Article
  • Ireland Clears Way for Energy-Intensive Investment

    The Irish government has approved a new energy plan to boost investment in energy intensive facilities including data centers, life sciences, semiconductors and Artificial Intelligence (AI).

    By Martin Lynch, European News Editor

    Published January 27, 2026 Read Article
  • Flooding, Severe Weather Risks Loom for Southeast U.S.

    A multi-day storm system will create episodic, weather-driven risks for energy and industrial operations from the Plains into the Southeast through Saturday.

    By Brian Ford, Editor-in-Chief

    Published January 08, 2026 Read Article
  • Shin Poong Pharmaceutical Invests in Ansan, Osong Plants

    Shin Poong Pharmaceutical (Seoul, South Korea) is seeking to secure funding for a large-scale manufacturing investment at its Osong (Cheongju) and Ansan plants in South Korea.

    By Junhyung Park, IIR Writing Staff

    Published December 31, 2025 Read Article
  • See More Pharmaceutical & Biotech News

Featured Story

Kuwait Airport Bombed, Oil Rally Continues

Published

U.S. officials continue to talk of a cease-fire agreement in the Middle Easy conflict, though fighting is ongoing. Mohsen Rezaei, a top Iranian military advisor, said Wednesday that "neither in negotiations nor in the ceasefire process will we allow America to make excessive demands."

By Eric Funderburk, Promotions & Advertising Specialist

  • IEA: Global Energy Capex to Grow 5% to US$3.4 Trillion in 2026

    Published

    Global capital investment in energy is expected to reach about US$3.4 trillion in 2026, 5% higher than 2025 spending and a continuation of the long-term post-COVID increases in annual outlays for energy, according to a report from the International Energy Agency. Nearly 60% of spending will go to the Electric Power sector.

    By Brian Ford, Editor-in-Chief

  • Middle East Attacks Continue Amid Global Economic Warnings

    Published

    Crude oil prices returned to rally mode on Monday as fighting escalated in the Middle East. That followed warnings from international agencies that the war was taking a toll on the global economy.

    By Daniel Levin, Assistant Editor

  • AAA: Despite Dip in Crude, Gas Prices Could Remain Elevated

    Published

    Industrial Info Resources is tracking progress at 142 operational crude oil refineries across the U.S., which are home to more than $20 billion worth of active and proposed projects

    By William Ploch, Assistant Editor-in-Chief

  • See More Middle East News

Featured Story

Optimism Abounds at Recent Western U.S. Mining Conference

Published

Industrial Info Resources is tracking more than 940 capital mining projects, valued at about US$200 billion, across the Western U.S.

By William Ploch, Assistant Editor-in-Chief

  • In-Plant Capital Projects Lead U.S. Ethanol Construction Spending

    More than $800 million of ethanol-related construction is underway in the U.S., with billions of dollars' worth of future projects in the planning and engineering pipeline.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 08, 2026 Read Article
  • Trans Mountain Pipeline Could Accommodate More Crude Oil

    Planning is underway to boost capacity of the Trans Mountain crude oil pipeline to the Pacific Coast by 300,000 barrels per day, the company's chief executive officer said.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 08, 2026 Read Article
  • Trump Designates US$685 Million to Support U.S. Coal, Power

    President Donald Trump significantly expanded his administration's support for coal and coal-fired electric generation on Thursday by committing the federal government to provide about $685 million to support coal mining, coal exports and coal-fired electric generation in the U.S.

    By Brian Ford, Editor-in-Chief

    Published June 05, 2026 Read Article
  • Google, Intersect Power Highlight Meitner Energy Center in Texas

    Google and Intersect Power formally announced construction of the Meitner Energy Center in Texas--a co-located data center and power-generation site. According to Industrial Info Resources data, Google has more than $160 billion worth of active and planned U.S. data centers under construction, with $21 billion worth of projects under construction.

    By Daniel Levin, Assistant Editor

    Published June 05, 2026 Read Article
  • Upstream Responded to War-Related Spike in Oil Prices

    A Wednesday report from the Dallas Fed found the risk premium from the war led to an increase in upstream activity in U.S shale, along with a modest uptick in payrolls.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 05, 2026 Read Article
  • See More North America News

Featured Story

Argentina's RIGI Backs Gas Pipeline, POSCO Lithium Project

Published

Industrial Info Resources is tracking about 80 lithium-mining projects in Argentina, totaling more than US$24 billion of investment

By William Ploch, Assistant Editor-in-Chief

Featured Story

World's First Zero-Carbon Lithium Project Secures Full Funding

Published

The world's first zero-carbon lithium and renewable energy project in Germany has reached financial close on 2.2 billion euro (US$3.9 billion) in funding.

By Martin Lynch, European News Editor

  • European EV Market Surges On Energy Crisis

    Published

    The ongoing global oil and gas crisis caused by U.S. and Israeli attacks on Iran in recent months has led to a notable spike in electric vehicle (EV) sales in Europe.

    By Martin Lynch, European News Editor

  • Germany's Hydrogen Support Fund Gets EU Approval

    Published

    A German government financial aid package worth 1.3 billion euro (US$1.5 billion) for renewable hydrogen projects located in Denmark has received approval from the European Commission (EC).

    By Martin Lynch, European News Editor

  • China Restrictions Lead to Tungsten Supply Crunch

    Published

    Tungsten prices rocketed to record highs in recent months, largely as a result of China's grip on the metal and its restrictions on exports.

    By Brian Ford, Editor-in-Chief

  • See More Europe News
  • Europe Adopts Steel Industry Safeguards

    To protect its struggling steel industry, from July 1 the European Union (EU) will slash the amount of tariff-free steel imports by almost half to 18.3 million tonnes per year (MT/yr) and double the tax on out-of-quota steel imports to 50%.

    By Martin Lynch, European News Editor

    Published June 01, 2026 Read Article
  • EV Batteries Fuel U.S., Global Automotive Project Spending

    Storage-battery manufacturing accounts for about 38% of investment in the global automotive industry, with actual vehicle bodies trailing at about 32%.

    By William Ploch, Assistant Editor-in-Chief

    Published May 27, 2026 Read Article
  • U.K Plan to Nationalize British Steel Angers China

    The U.K. has announced a plan to nationalise one of its few remaining steel producers, British Steel, having previously taken control of the company away from Chinese company, Jingye.

    By Martin Lynch, European News Editor

    Published May 25, 2026 Read Article
  • See More Europe News

Featured Story

China, U.S. Lead $183 Billion of Global Critical Minerals Capex Under Construction

Published

According to Industrial Info Resources data, there is US$183 billion worth of critical minerals capital projects under construction worldwide, with China and the U.S. accounting for about 45% of the total investment. The project activity includes mining, refining and downstream products.

By Daniel Levin, Assistant Editor

Featured Story

U.S., Canada Plot More Gold Mines as China Leads in Production

Published

Industrial Info Resources is tracking about 2,600 gold-mining projects globally, with the U.S. and Canada home to nearly half of the total investment

By William Ploch, Assistant Editor-in-Chief

Featured Story

Two Major Lithium Mining Projects Green Lit in Australia

Published

Australia's drive to produce more critical minerals continues to ramp up as two lithium mining projects in Western Australia, Mount Holland and Mount Marion, have been cleared to begin.

By Martin Lynch, European News Editor


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