SUGAR LAND, TX -- (Marketwire) -- 05/17/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- During the recession, grassroot project activity in the United States slowed, as the weak economy and a focus on cost reductions dissuaded most companies from these types of investments. However, now that the economy is in full-blown recovery mode, investment in grassroot projects has increased once again. As overall spending improves, grassroot project activity continues to improve with it. Looking ahead at proposed grassroot project activity in the third quarter of this year, Industrial Info Resources is tracking close to 280 grassroot projects worth an estimated $40.1 billion that are scheduled to begin construction during the quarter in the U.S.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=179415, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to email@example.com or visit us online at www.industrialinfo.com.