New England On Track to Complete $1.2 Billion in New Plant Construction in 2007, an Industrial Info News Alert


SUGAR LAND, Texas, Feb. 26, 2007 (PRIME NEWSWIRE) -- The year, thus far, is proving to be a rocky economic road for virtually every industry group across North America. Consolidation, plant closures and layoffs, at times the news seems to go from bad to worse. Despite the negative press, there is a positive note in the New England region, which includes the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont, in the form of new plant construction. Nearly tripling the number of projects that were completed in 2006, the region has 42 new facilities carrying a total investment value (TIV) of $1.2 billion scheduled to be complete this year. When the plants become fully operational an estimated 4,000 jobs will added.

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