Citing Tax Reform, ExxonMobil to Spend $50 Billion in U.S. Over Five Years

Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) (Irving, Texas) plans to spend billions to expand its U.S. operations over the next five years, investments that were "enhanced" by the historic tax reform recently signed into law. Industrial Info is tracking $18.9 billion in active U.S. projects involving ExxonMobil, including $8.1 billion under construction.