Texas the early leader in 2008 industrial construction activity.
According to Industrial Info Resources (http://www.industrialinfo.com/); Texas is the hottest spot in America in regards to industrial project construction activity thus far in '08. The firm is currently tracking more than 160 projects worth just over $24B.
On a very positive note for one of our favorite portfolio clients Marmion Industries Corp. (OTCBB: MMIO) the energy sector is a hotbed for new construction growth in the state.
Research from IIR reveals that:
The power industry has 19 projects in the works totaling $5.5 billion
The oil & gas terminals industry has 19 projects totaling $2.6 billion; and
The Oil & Gas Transmission Industry with 19 projects totaling $1.3 billion.
Labels: Marmion Industries Corp., MMIO, MMIO and HVAC
posted by "Staff" at
11:27 AM
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