Detroit Area Future Spending Remains Solid Despite Automotive Woes

SUGAR LAND, TX -- (MARKET WIRE) -- Aug 21, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- A little over a year ago, we analyzed future spending in the Detroit area. At that time, just over $2.2 billion worth of project activity was in the planning stages for the area, a healthy number, especially with the automotive market being as volatile as it was at the time. Fast forward a little over a year and we see an even more volatile automotive market with Chrysler LLC (Auburn Hills, Michigan) being reborn, all three of the American automakers knee deep in cost cutting negotiations with the UAW (United Auto Workers) on a new contract and with the foreign automakers taking more then 50% share of the lucrative American automotive market for the first time in history. However, at the same time, a look at future spending for the area shows a modest increase in proposed capital and maintenance work with $2.6 billion in active project work in the planning stages.

For details, view the entire news article by subscribing to Industrial Info's Premium Industrial News at www.industrialinfo.com.

Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns. For more information send inquiries to Email Contact or visit us online at www.industrialinfo.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Joe Govreau
713-783-5147





Review Article Be the first to review this article
HP

SolidCAM: Program your CNCs directly inside your existing CAD system.

Featured Video
Jobs
Senior Mechanical Engineer for Verb Surgical at Mountain View, CA
CAD Systems Administrator for KLA-Tencor at Milpitas, CA
Principal Research Mechatronics Engineer for Verb Surgical at Mountain View, CA
Industrial Designer Intern – Spring 2017 for Nvidia at Santa Clara, CA
Lead Geospatial Analyst for Alion at McLean, VA
Upcoming Events
SOLIDWORKS 2017 Launch Event – Walsall at Village Hotel Club, Walsall, WS2 8TJ Walsall United Kingdom - Mar 30, 2017
PI APPAREL Hong Kong 2017 at SHANGRI-LA KOWLOON 64 Mody Road Tsim Sha Tsui East Kowloon Hong Kong - Apr 5 - 6, 2017
SOLIDWORKS intro and hands on session – Slough at Baylis House, Slough, Berkshire, SL1 3PB Slough United Kingdom - Apr 7, 2017
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise