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Distribution & Warehousing Paves Way for $4 Billion in Third-Quarter Industrial Manufacturing Project Starts in Great Lakes Region

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3Q GL Industrial Manufacturing Project Starts
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SUGAR LAND--June 14, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic is a tragic event, and e-commerce and delivery companies have met the challenge by providing more services than ever before in times of lockdowns and health precautions. United Parcel Service Incorporated's (NYSE:UPS) (UPS) (Sandy Springs, Georgia) first-quarter 2021 revenues increased 27% year over year, to $22.9 billion. Amazon.com Incorporated (NASDAQ:AMZN) has become the king of e-commerce in the U.S. and is rapidly building new fulfillment and distribution centers at a wide variety of locations. Together, these companies' and others' warehousing and distribution projects account for more than 25% of the nearly $4 billion in Industrial Manufacturing projects that are set to kick off in third-quarter 2021 in the U.S. Great Lakes market region.

Other companies featured: Ford Motor Company (NYSE:F), Honda Motor Company Limited (NYSE:HMC), First Solar Incorporated (NASDAQ:FSLR)

Details on this Article:
Industry Segment: Industrial Manufacturing
Word Count: 848 Words
Attachment: 3Q GL Industrial Manufacturing Project Starts
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