For the second quarter 2007, the Great Lakes region will see more than 400 capital and maintenance projects worth nearly $20 billion, a 56 percent increase over the same quarter in 2006, according to research by Industrial Info Resources.
The research indicates that Illinois will have the largest share of spending, with projects worth $9 billion, followed by Indiana and Michigan with $3.2 billion and $2.3 billion, respectively.
Alternative fuels will account for most of the spending in Illinois and nearly $5 billion overall, but the power industry still ranks highest in terms of spending with $9.2 billion in projects expected for the quarter. Industrial manufacturing ranks third with $1.4 billion, according to Industrial Info.
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