Industrial Manufacturing Industry Eyes $9.8 Billion in Second-Quarter 2012 Construction Starts

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is currently tracking 165 U.S. Industrial Manufacturing Industry projects that are planned to kick off in the second quarter of this year. The projects have a combined total investment value of $9.8 billion.

Of the 165 projects expected to kick off during the quarter, the West Coast and Mid-Atlantic market regions are the highest in terms of project value, followed by the Southeast and Great Lakes regions.

Click on image at right for a breakdown by market region of planned Industrial Manufacturing project starts in 2Q12.

The majority of the spending is centered in two states, California and South Carolina. Industrial Info is tracking six projects in California totaling $3.2 billion that are planned to begin construction this quarter. These projects include multiple rail projects such as the Santa Clara Valley Transportation Authority's $2.3 billion Bart Silicon Valley Rapid Transit Phase I Berry Extension.

In South Carolina, BMW's $900 million expansion of the Spartanburg vehicle assembly plant and the construction of Bridgestone America's grassroot off-road radial tire manufacturing plant are contributing significantly to the value of planned project starts in the state.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.