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COVID-19's Summer Surge Puts $3 Billion+ of U.S. Projects on Hold

COVID-19

SUGAR LAND--August 13, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic does not care that businesses want to reopen and Americans want to go back to day-to-day activities, and its resurgence in the past two months has forced entire industries to suspend plans for growth, sometimes indefinitely. Industrial Info is tracking more than $3 billion worth of projects across the U.S. that have been placed on hold since the beginning of June due to the COVID-19 pandemic, with states in the Southeast, Southwest and Mid-Atlantic regions accounting for nearly half of the associated investment value.

Within this article: Details on U.S. projects placed on hold since the beginning of June, including those from major companies such as TPC Group Incorporated, Oxiteno USA LLC, Ultra Group, James Hardie Industries plc and Arq Group Limited.

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