Illinois and Indiana will lead the region during the first part of the coming construction season says research firm Industrial Info Resources. The two states will see $13 billion worth of industrial project activity. A proposed $2.7 billion grassroots coal-to-SNG (substitute natural gas) project in Indiana is one of the leading projects.
“The alternative fuels industry is once again driving spending within the region in the early part of 2008's construction season,” said the report. Currently, $10 billion of the $20 billion in industrial construction activity can be attributed to that industry. The industrial manufacturing industry continues to decline in total spending within the region as the automotive industry continues its reorganization, says Industrial Info Resources.