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Burgeoning Demand for Labor Hits Tight Gulf Coast Market

power

Industry Segment: Power | Word Count: 898 Words

SUGAR LAND--January 3, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--A full slate of electric power projects under development along the Gulf Coast, coupled with tight local labor markets, could spell trouble for developers hoping to kick off construction on their projects in 2018 or 2019, according to labor analysis from Industrial Info. Several Gulf Coast markets in Texas, Louisiana and Mississippi are projected to have a high reliance on traveling labor to meet local demand for several skilled crafts. Skilled craft laborers who travel from another market generally receive higher wages, larger per diems and sometimes travel allowances.

Within this article: Details on how the labor market along the U.S. Gulf Coast is expected to develop over the coming years, including where competition is expected to be the fiercest.

Other companies featured: Entergy Corporation (NYSE:ETR), Chicago Bridge & Iron Company NV (NYSE:CBI), Southern Company (NYSE:SO) and Calpine Corporation (NYSE:CPN).

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