The U.S. natural gas-fired power-generation business is on the cusp of a prolonged expansionary period, with the encouragement of a fossil fuel-friendly president and seemingly endless demand from newly emerging data centers.
While grassroot efforts lead all types of manufacturing projects underway in Texas, more than 30% of the spend is attributed to plant expansions--most of which is attributed to a high-dollar semiconductor project and the buildout of data centers.
The U.S. construction equipment-manufacturing sector is holding its own as companies line up more than $690 million worth of active projects. Kansas and Texas stand out as particularly big spenders in the sector with more than $450 million in projects between them.
On March 12, Industrial Info’s industry experts will present a complimentary webinar on the global project outlook for the refining, alternative fuels and crude oil markets sectors.
