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More Than $9 Billion of Industrial Projects Planned to Commence in Indiana in 2011, an Industrial Info News Alert


February 22, 2011 - SUGAR LAND, TX

Researched by Industrial Info Resources (Sugar Land, Texas) -- On the southern tip of Lake Michigan, Indiana is holding its own among its fellow states in the U.S. Great Lakes region. The Hoosier State has 146 capital and maintenance projects with a combined total investment value of more than $9 billion planned to begin in 2011. This includes capital and maintenance projects in 12 vertical industries, including Power Generation, Oil & Gas Terminals, Oil & Gas Transmission, Oil & Gas Production, Alternative Fuels, Petroleum Refining, Chemical Processing, Metals & Minerals, Pulp & Paper, Food & Beverage, Industrial Manufacturing, and Pharmaceutical & Biotech.

The Power Industry, with 30 projects that have a combined total investment value (TIV) of $1.8 billion, leads the state in terms of the number of project starts. However, the Alternative Fuels Industry dominates in terms of value, with two large-scale coal liquefaction and gasification projects planned to kick off late in the year, accounting for more than half of the state's planned $9.2 billion in project kickoffs.

Other Alternative Fuels projects on the books for 2011 include Ultra Soy of America's $450 million soybean crusher and biodiesel plant near the town of South Milford in northern Indiana.

The Pharmaceutical & Biotech Industry is planning $436 million in project starts in the state, more than half of which involve construction on research buildings and laboratory space in Indiana's public universities.

These projects and more are highlighted on the recently released Indiana Industrial Market 2011 Potential Capital & MRO Spending Wall Map, which is part of the Great Lakes Map Series from Industrial Info. For more information, click on the link above or call 1-800-762-3361. The wall map includes analysis of the industrial project spending market in Indiana, as well as a listing of all of the plants where project spending is planned in 2011.

Industrial Info Resources (IIR) 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 alternativefuelsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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