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COVID-19 Slows More than $8 Billion of Projects in States with Rising Unemployment

power

Industry Segment: Power | Word Count: 777 Words
Attachment: COVIDunemployment0820

SUGAR LAND--August 21, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Jobless Americans are caught in a bind as COVID-19 continues its merciless journey: U.S. claims for unemployment benefits were back above 1 million last week, with overall unemployment substantially rising in seven states: California, Indiana, Kansas, Mississippi, Nevada, New Mexico and Wyoming, according to research from The Pew Charitable Trusts. California's woes are not new, but problems in the other six states have been largely overshadowed by their more heavily populated peers. Industrial Info is tracking about $8.2 billion worth of projects in these six states that have been delayed or otherwise affected by COVID-19 precautions.

Within this article: Details on some of the highest-valued projects in Indiana, Kansas, Mississippi, Nevada, New Mexico and Wyoming to face pandemic-related delays, including those from major companies such as Silver Elephant Mining Corporation (TSX:ELEF), Lehigh Hanson Incorporated, HeidelbergCement AG, Black Hills Corporation (NYSE:BKH) and Tyson Foods Incorporated (NYSE:TSN).

Other companies featured: General Electric (NYSE:GE)

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