September 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The fastest-growing sectors in the U.S. economy always are reflected in the heavy-manufacturing market, which provides a wide variety of equipment and machinery to project developers, big and small.
Industrial Info is tracking more than $7.5 billion worth of heavy-manufacturing capital-spending projects across the U.S. that are set to begin construction in the fourth quarter, most of which is attributed to batteries, engines and other parts for vehicles and aircraft. Compaines involved include Cummins Incorporated (NYSE:CMI), Textron Incorporated (NYSE:TXT), GE Aerospace (NYSE:GE), LG Corporation, Toyota Motor Corporation (NYSE:TM), Haas Automation Incorporated, The Middleby Corporation (NASDAQ:MIDD), ION Corporation and Itron Incorporated's (NASDAQ:ITRI).
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