California Sees $72 Billion in Projects Under Construction

March 7, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--According to state data, if California existed as its own nation, it would be the fifth-largest economy in the world, and this shows in its industrial construction activity. Industrial Info is tracking more than $72 billion of projects under construction in the state. Thanks to some large transportation-systems projects, the Industrial Manufacturing Industry accounts for the lion's share of project value, coming in at more than $48 billion. Companies featured: Phillips 66 (NYSE:PSX), Marathon Petroleum Corporation (NYSE:MPC), NextEra Energy Incorporated (NYSE:NEE), Amazon.com Incorporated (NASDAQ:AMZN)