Plant Construction Thrives in Rocky Mountain Region
Project spending and plant construction has been up for the last two years in the Rocky Mountain market region, says a report from Sugar Land, Texas-based Industrial Info Resources. The region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming, has experienced a total investment value (TIV) of about $3.5 billion for industrial plants in 2006 and 2007. This figure is forecast to grow in the coming years as more companies move into the region. For example, Intel Corp. is involved with a $3-billion expansion at its Chandler, Ariz., semiconductor manufacturing complex. A preliminary look into 2008 shows an estimated $12 billion is proposed for plants scheduled to become operational that year, either as planned, engineered, or under construction.
Although plant construction growth pays a big part in the health of the region’s industrial sector, a decrease in the number of plants shutting down also plays a factor. The number of operational plants that closed in the region over the past two years has dropped 32% this year, with only a dozen plants closing, as opposed to the 38 plants that closed in 2006. The positive trend is expected to continue into 2008, with only three plants scheduled to close.
Want to use this article? Click here for options!
© 2012 Penton Business Media, Inc.
Latest Articles
CFL/LED dimmer
May 24, 2012 8:48 AM
Load bank
May 23, 2012 9:33 AM
LED replacement lamp
May 22, 2012 8:12 AM
Trending Articles
Acceptable Use Policy blog comments powered by Disqus
advertisement
what's wrong here?
What's Wrong Here?
May 10, 2012 12:44 PM
View all What's Wrong Here?
What's Wrong Here
Sponsored By:
product spotlight
CFL/LED dimmer
May 24, 2012 8:48 AM
The Harmony CFL/LED dimmer is designed to operate with single-pole and 3-way circuits...
View all 2012 Product Spotlights
Free Product Info
Our Product Information site is the ultimate online resource for products and services offered by Advertisers featured in our Magazine. This service is provided as a quick and easy way to request Product Information online. Get FREE product information now.



































