SUGAR LAND, TX — (Marketwired) — 06/07/13 — Written by John Egan for Industrial Info Resources (Sugar Land, Texas) — Capital and maintenance project spending in the is up sharply over last year, and a trend toward increased project spending looks like it will continue for the next 12 months. Through April, construction started on about $1.2 billion of terminals projects in the U.S. and Canada, about 42% more than the value of the industry–s construction starts for the comparable January-April 2012 period. Over the next 12 months, capital and maintenance spending related to Terminals is scheduled to reach about $7.4 billion across all of North America, according to Industrial Info–s North American Oil, Gas & Chemical Terminals Database.
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