U.S. Metals Sector Eyes $2 Billion in Third-Quarter Kickoffs

U.S. Metals Sector Eyes $2 Billion in Third-Quarter Kickoffs

June 24, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With demand rising from the automotive, power-generation and heavy-manufacturing sectors, developers of metal-based products across the U.S. are expanding their existing plants and making room for new equipment.

Industrial Info is tracking nearly $2 billion worth of capital-spending projects in the sector for metals rolling, processing, finishing and fabrication across the U.S. that are set to begin construction in the third quarter.

Companies featured: Wieland Group, Ternium International USA, Techint Group, Gregory Industries Incorporated, JM Steel Corporation, PMF Industries Incorporated, JENNMAR Holdings and Nextracker (NASDAQ:NXT)

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