New York Leads Northeast Region in Industrial Manufacturing Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--New York state is leading the Northeast market region for the highest number of active construction projects occurring within the Industrial Manufacturing Industry. In addition to New York, the Northeast market region includes that states of New Jersey, Connecticut and Delaware.

Click on image at right for a breakdown by state of active Industrial Manufacturing Industry project in the U.S. Northeast market region.

Industrial Info is currently tracking 144 active Industrial Manufacturing projects in the Northeast region worth $16.2 billion. Of these projects, 68 active projects with a combined total investment value of $13.7 billion are in New York. Pennsylvania is in a distant second place, with 52 active projects totaling $1.4 billion.

Leading the region in new construction are projects involving semiconductor manufacturing; light rail extensions; automotive manufacturing retooling and upgrades; aircraft manufacturing; battery plant manufacturing expansions; and marine terminal expansions.

The largest project in New York that Industrial Info is currently tracking is New Global Foundries Incorporated's semiconductor manufacturing plant, which is being constructed in Saratoga Springs. Construction on the $4.2 billion manufacturing plant began in 2009, and overall completion is scheduled for the spring of 2012.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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.