You are Trying to View a Premium ArticleDaily News You Can't Find Anywhere Else
Burgeoning Demand for Labor Hits Tight Gulf Coast Market
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).
This Premium Article can be purchased individually or as part of a subscription
Subscribe Now! All Fields Required...
- Xcel Energy Makes Moves to Decarbonize Fleet
- Canadian Solar's Sunny Demand Outlook Boosts Prospects for $6 Billion in Pr...
- Europe to See $5 Billion in Solar Projects in Next Six Months, an Industria...
- Philippines' AC Energy Taps Australia to Add Capacity to its Renewable Ener...
- China's Power Output Growth Drops to 0.6% Year Over Year in July, an Indust...
- Current Economic Indicators
- Free Daily Industrial Articles
- Monthly Industrial Newsletter
- IIR's Disaster Impact Tracker