Processing Magazine

Industrial Info Market Outlook to highlight spending trends in US Northeast, New England

August 2, 2012

SUGAR LAND, Texas — Global market intelligence firm Industrial Info Resources will host its 2012-13 Market Outlook at the Hilton Parsippany, in Parsippany, N.J., on Sept. 20, 2012.

The presentations will focus on project spending activity and market trends in the U.S. and Canada, with special emphasis on the U.S. Northeast and New England market regions.

Industrial Info''s experts in the Power, Oil & Gas, Metals & Minerals, Petroleum Refining, Chemical Processing and Pharmaceutical & Biotech industries will discuss strategic trends and spending forecasts. Industrial Info is tracking $137.7 billion in active projects for these industries in the Northeast and New England.

For the next 12 months (August 2012 through July 2013), Industrial Info is currently tracking more than $9 billion in planned Power Industry project starts alone, as well as Pharma-Biotech Industry project of more than $5 billion.

While 2011 showed significant year-over-year growth in project spending, growth in 2012 is declining. The year-over-year rate of growth, while still positive, has gradually tapered off in the first six months of 2012. The industrial market outlook will help explain some of the movement seen in these industries.

This complimentary event will begin at 3:30 p.m. Attendance is limited and requires an RSVP.