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North America's Fabricated Metals Segment Benefits from Nine-Year High in U.S. Auto Sales

North America's Fabricated Metals Segment Benefits from Nine-Year High in U.S. Auto Sales

industrial_manufacturing

Industry Segment: Industrial Manufacturing | Word Count: 421 Words

SUGAR LAND--June 6, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Sharply improving demand drove U.S. auto sales to a nine-year-high in May, which is proving to be a boon for the fabricated metal products segment of the Industrial Manufacturing Industry. The segment includes businesses that tailor metal for specific purposes, including the production of such varied retail items as automobiles, guns, aluminum cans and household goods like fireplaces and kitchenware. Industrial Info is tracking 206 projects in the segment in the U.S. and Canada that have a total investment value (TIV) of $2.47 billion.

Other companies featured: General Motors (NYSE:GM), Toyota Motor Corporation (NYSE:TM)

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