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    <title>IIR Industry News - Most Popular</title>
    <link>http://www.industrialinfo.com/</link>
    <description><![CDATA[Most Popular Industrial Market News]]></description>
    <copyright>2008 Industrial Info Resources, Inc.</copyright>
    <ttl>360</ttl>
    <pubDate>Tue, 06 Jan 2009 04:45:04 -0600</pubDate>
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      <title>Industry News Alerts</title>
      <link>http://www.industrialinfo.com/</link>
      <url>http://www.industrialinfo.com/images/indalert.gif</url>
      <width>210</width>
      <height>29</height>
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    <item>
      <title>Industrial Info Releases 2009 Global Industrial Outlook</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141855</link>
      <description><![CDATA[SUGAR LAND--December 8, 2008--Industrial Info Resources (Sugar Land, Texas) has released the 2009 Global Industrial Outlook, an in-depth analysis of 12 industrial market segments that includes major project spending statistics by industry, market region and budget type (capital and maintenance activity). Spending statistics are derived from actual project surveys conducted by Industrial Info. Quarterly updates throughout the year track forecast versus actual project spending performances.]]></description>
      <pubDate>Mon, 08 Dec 2008 00:00:00 -0600</pubDate>
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      <title>ExxonMobil Continues $34.65 Billion in Projects and Holds Consistent Investment Plans</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141898</link>
      <description><![CDATA[SUGAR LAND--December 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Regardless of business cycles, ExxonMobil (NYSE:XOM) (Irving, Texas) will continue to maintain a consistent approach to capital investment and operational excellence, Senior Vice President Mike Dolan said at the recent Merrill Lynch (NYSE:MER) (New York, New York) Global Energy Large Cap Conference. He said the business model helps to make ExxonMobil's Downstream and Chemical businesses integral parts of the company's core portfolio. As part of our International Industrial Database, Industrial Info is tracking 133 projects worth about $34.65 billion involving ExxonMobil. The projects range from $1 million inspections and upgrades to a $15 billion grassroot liquefied natural gas processing plant.]]></description>
      <pubDate>Tue, 09 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Shaw Group Leads Top 10 E&amp;C Firm List for Active Project Development in North America</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142223</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Based on an analysis of active industrial capital and maintenance projects beginning construction in 2008 or scheduled to begin construction in 2009 or beyond, engineering and construction firms remain busy going into 2009. Industrial Info is currently tracking more than 3,700 industrial projects in North America that have consulting, engineering or construction contractors working on them. These projects, representing $813 billion in total investment value, are either already under construction or are scheduled to begin construction in 2009-10.<br><br>
Companies featured: The Shaw Group (NYSE:SGR), American Electric Power (NYSE:AEP), Fluor (NYSE:FLR)]]></description>
      <pubDate>Mon, 22 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Ohio Evaluates $23 Billion in Industrial Projects for 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142129</link>
      <description><![CDATA[SUGAR LAND--December 16, 2008-Researched by Industrial Info Resources (Sugar Land, Texas)--Ohio's 2009 outlook for planned capital expenditures for industrial construction projects remains bright, despite concerns over project deferments related to the economic downturn. Ohio is currently the third largest state for 2009 industrial project development in the U.S. There are currently 171 projects being evaluated, representing more than $23 billion in total investment value.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
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      <title>North American Industrial Project Spending Index Jumps to 13.73% in November</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142070</link>
      <description><![CDATA[SUGAR LAND--December 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--After dipping to its lowest point in nearly three years in October, the North American Industrial Project Spending Index, measuring project spending growth, rose to 13.73% in November 2008.]]></description>
      <pubDate>Mon, 15 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Rough Going for Developers of New Coal-Fired Generation Capacity</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142063</link>
      <description><![CDATA[SUGAR LAND--December 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Coal-fired generating plants continue to supply about half of the electricity consumed in the United States each year. In recent years, we have witnessed a significant amount of construction activity moving forward to add more coal-fired generation. During this time, inflated natural-gas prices and competitive coal prices have been the key drivers behind the development of new coal-fired generation.  Since the beginning of 2000, there have been 34 coal-fired generating stations with a total capacity of 6,000 megawatts (MW) that have started operation.<br><br>
Companies featured:  Duke Energy Corporation (NYSE:DUK)]]></description>
      <pubDate>Wed, 17 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Natural Gas Fired Generation Showing Signs of a Comeback</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142079</link>
      <description><![CDATA[SUGAR LAND--December 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--During the past two years, we have seen double-digit growth in construction kickoffs for new capacity from natural gas, and currently more than 19,000 megawatts (MW) of new natural-gas-fired generation is under construction. The prospect of building new natural-gas-fired generating units is once again becoming more promising. As concerns mount over the many obstacles that developers of new coal-fired capacity are encountering, natural gas is becoming an attractive option.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Northeast Plant Report: Doors Will Close on 14 Industrial Plants and More Than 4,000 Jobs in 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142363</link>
      <description><![CDATA[SUGAR LAND--December 23, 2008--These days, there is a tendency for plant closures to become almost a "white noise" mixed in with the rest of the dire economic headlines. A certain poignancy is regained, however, when a specific region is analyzed, as is the case with the Northeast region's current plant closure outlook for 2009. With 14 plants and more than 4,000 jobs at risk, the list that nobody wants to exist includes the very same industries that helped build the region's reputation as a manufacturing powerhouse.<br><br>
Companies featured:  ConMed (NASDAQ:CNMD), American Axle & Manufacturing Holdings Incorporated's (NYSE:AXL)]]></description>
      <pubDate>Tue, 23 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Contractor Selected to Construct Biomass-Fed Power Plant in Florida</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142077</link>
      <description><![CDATA[SUGAR LAND--December 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Biomass Gas & Electric LLC (Norcross, Georgia) has awarded a construction contract for the proposed 42-megawatt biomass plant in Tallahassee, Florida.]]></description>
      <pubDate>Mon, 15 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Renewables: Making Strides to Play Larger Role in Future Power Demand</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142087</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--For 2009, there is currently 32,000 megawatts (MW) of renewable energy scheduled to begin construction in the United States.  More than 9,000 MW of renewable energy sources are currently under construction in the U.S., and more than half of the capacity will be online before the end of January 2009.  This includes projects to add new capacity from wind, hydroelectric, solar, landfill gas and other renewable energy sources.]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
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      <title>U.S. Spending Slide Expected to Continue in 2009 for Industrial Manufacturing Industry</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142505</link>
      <description><![CDATA[SUGAR LAND--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--2008 has ended up being a dismal year for the entire Industrial Manufacturing Industry in the United States. While the year began relatively normal for the industry, the combination of a slumping economy, the continued housing crisis combined with the collapse on Wall Street and the rapid decline of the automotive sector placed the industry in dire straits by year's end. Spending has declined dramatically over the last 12 months, and all indications are that this will continue well into, if not throughout, 2009.<br><br>
Companies featured: General Motors Corporation (NYSE:GM), Ford Motor Company (NYSE:F)]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Contractor selected for AMP-Ohio Coal Plant</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142163</link>
      <description><![CDATA[SUGAR LAND--December 17, 2008--Researched by Industrial Information Resources (Sugar Land, Texas)--American Municipal Power-Ohio (AMP-Ohio) (Columbus, Ohio) has chosen Bechtel Power (Frederic, Maryland) to construct the company's coal-fired power plant in Racine, Ohio.]]></description>
      <pubDate>Wed, 17 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Irving Oil Selects Engineering Firm to Perform FEED for $7 Billion New Brunswick Refinery</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141905</link>
      <description><![CDATA[SUGAR LAND--December 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Irving Oil Limited has selected Fluor Canada (Calgary, Alberta), a subsidiary of Fluor Corporation (NYSE:FLR) (Irving, Texas), to perform front-end engineering design for a proposed $7 billion, 300,000-barrel-per-day (BBL/d) refinery to be constructed in St. John, New Brunswick.]]></description>
      <pubDate>Tue, 09 Dec 2008 00:00:00 -0600</pubDate>
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      <title>U.S. Steel Idles Plants Across U.S. -- Christmas Now a Time of Uncertainty</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142265</link>
      <description><![CDATA[SUGAR LAND--December 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania) announced more layoffs in the wake of falling steel prices and devastating market conditions. What started off as a few hundred workers here and there in plants across the U.S. and Canada has escalated. Current estimates are that about 3,500 employees will be affected. Christmas this year will still be a time of wonder, but not in the traditional sense. Employees of U.S. Steel are now wondering who will have a job in the coming year.]]></description>
      <pubDate>Mon, 22 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Merck Continues Nearly $1 Billion in Projects and Outlines Long-Term Strategy</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142007</link>
      <description><![CDATA[SUGAR LAND--December 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On top of its efforts to become a leaner firm, Merck & Company Incorporated (NYSE:MRK) (Whitehouse Station, New Jersey) plans to accelerate the development of a more customer-centric business model as it transitions into a newer Merck. "Next year will continue to be a period of fundamental transformation that establishes Merck as a different competitor in the next decade," Richard Clark, Chairman, President and CEO, said at the company's annual business briefing. "This new Merck will be built for the new era that our industry has entered, and it will be built for long-term success." Industrial Info is tracking eight active projects worth $967 million involving Merck as part of our Pharmaceutical Tracker - Online Database. The projects include expansions ranging from $50 million up to $300 million.]]></description>
      <pubDate>Thu, 11 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Long-Term Prospects for Nuclear Generation Remain Promising</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142066</link>
      <description><![CDATA[SUGAR LAND--December 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Long-term demand load projections for the power industry forecast that base-load demand will continue to increase through 2030. Under this assumption, the outlook for the development of new nuclear-energy generating capacity seems promising.  As part of the Energy Policy Act of 2005, tax credits were put in place to encourage the development and construction of at least eight new reactors. Although construction has not begun on a single reactor, there is solid movement by a number of companies to move forward with the development of new nuclear reactors in the country.<br><br>]]></description>
      <pubDate>Thu, 18 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Sunoco to Cut Capital Spending and Looks to Sell Chemicals Business</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142167</link>
      <description><![CDATA[SUGAR LAND--December 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Sunoco Incorporated (NYSE:SUN) (Philadelphia, Pennsylvania) is working to sell its chemicals business and plans to reduce capital spending by more than $300 million in 2010 to $545 million, compared with $890 million in 2008. Industrial Info is tracking 47 active projects worth $2.24 billion involving Sunoco as part of our North American Industrial Database.]]></description>
      <pubDate>Wed, 17 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Dow Chemical Faced with Some Tough Decisions Moving into the New Year</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142499</link>
      <description><![CDATA[SUGAR LAND--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The announcement early this week of Kuwait's state-run Petrochemical Industries Company canceling plans for a major joint venture with The Dow Chemical Company (NYSE: DOW) (Midland, Michigan) makes for the second large deal cancellation this month in the Chemical Processing Industry. Only weeks ago, Huntsman Corporation (NYSE:HUN) (Salt Lake City, Utah) also confirmed its agreement to terminate a planned merger with Hexion Specialty Chemicals Incorporated (Columbus, Ohio). The announcement to cancel this joint venture came as a surprise to many and immediately raised questions about how, or if, Dow will modify its planned $15.3 billion purchase of Rohm & Haas Company (NYSE:ROH) (Philadelphia, Pennsylvania). The cancellation also raises concerns for the fate of Dow's immediate capital budget and spending plans for 2009. Industrial Info is currently tracking more than $1.2 billion in future capital and maintenance spending planned by Dow for 2009 or beyond as part of our Projects Database.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>West Coast Chemical Industry Outlook Positive Despite Current Economic Climate</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142049</link>
      <description><![CDATA[SUGAR LAND--December 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--At a time when all industries are examining future spending with an extra dose of scrutiny, chemical-plant owners along the United States' west coast had a tremendous year in 2008 and are optimistic that 2009 will not be as devastating as current market indicators show.<br><br>
Companies featured:  Air Liquide AS (OTC:AIQUY), Valspar Composites (NYSE:VAL), Dow Chemical Company (NYSE:DOW)]]></description>
      <pubDate>Fri, 12 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Chevron Consortium to Make Final Investment Decision on Gorgon LNG Project Next Year</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141821</link>
      <description><![CDATA[SUGAR LAND--December 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) with joint venture partners ExxonMobil Corporation (NYSE:XOM) (Irving, Texas) and Royal Dutch Shell (NYSE:RDS-A) (The Hague, Netherlands) are expected to make a final investment decision on the massive Gorgon liquefied natural gas (LNG) project to be located in the waters off the northwest shelf of Australia and on Barrow Island. The mega-project will entail the construction of...]]></description>
      <pubDate>Mon, 08 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Pharma-Biotech Capital Construction Investment Snapshot: 2008 Top 10 Projects Top $3 Billion</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142224</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--While 2008 is proving to be the most fateful of years in terms of the economy, it is somewhat heartening to take a look back at some of the high points. As revealed by a recent analysis of active reported projects that began construction in 2008 (Reference: Industrial Info's Pharmaceutical Tracker - Online Database), the year's top 10 projects represent a total investment value (TIV) of $3.3 billion.<br><br>
Companies featured: Shire Pharmaceuticals (NASDAQ:SHPGY)]]></description>
      <pubDate>Thu, 18 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Church &amp; Dwight Making Progress on New Plant in Pennsylvania Despite Economic Climate</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142118</link>
      <description><![CDATA[SUGAR LAND--December 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Church & Dwight Company Incorporated (NYSE:CHD) (Princeton, New Jersey) is in the process of building a grassroot $150 million detergent manufacturing plant and distribution center in Pennsylvania.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Proposed Power Could Double Alabama's Nuclear Generation Capacity to Almost 10,000 Megawatts</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141895</link>
      <description><![CDATA[SUGAR LAND--December 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Alabama currently has two nuclear power plants that can produce a total of up to 5,008 megawatts (MW): the two-unit, 1,711-MW Farley Nuclear Power Station in Columbia, Alabama, owned by Alabama Power Company (Birmingham, Alabama), a subsidiary of the Southern Company (NYSE:SO) (Atlanta, Georgia); and the three-unit, 3,297-MW Browns Ferry Nuclear Station in Decatur, Alabama, owned by the Tennessee Valley Authority (TVA) (Knoxville, Tennessee.<br><br>
Other companies featured: McDermott International Incorporated (NYSE:MDR), Toshiba Corporation (PINKSHEETS:TOSBF)]]></description>
      <pubDate>Wed, 10 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Pharmaceutical-Biotech 2008 Construction Update: 76 New Facilities Open Doors to $4 Billion of Potential Investment</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141948</link>
      <description><![CDATA[SUGAR LAND--December 10, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--As 2008 winds to a close, the Pharmaceutical-Biotech Industry will have completed construction on a total of 76 new plants and research centers across North America. A recent survey of active reported projects in Industrial Info's Pharmaceutical Tracker - Online Database reveals that cumulatively, the projects represent a potential total investment value of $4 billion, which includes both original construction costs and possible future phases that are already planned or under consideration.<br><br>
Companies featured:  Cytogenix (NASDAQ:CYGX)]]></description>
      <pubDate>Wed, 10 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Nuclear Power in Florida Could More than Double Through $32 Billion of New Projects</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141949</link>
      <description><![CDATA[SUGAR LAND--December 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Florida currently has three nuclear power plants that can produce a total of up to 3,902-megawatts (MW). Two of the nuclear power stations have two units each and are owned by Florida Power & Light Company, a subsidiary of the FPL Group Incorporated (NYSE:FPL) (Juno Beach, Florida).  The single-unit 838-MW Crystal River Nuclear Station (Crystal River, Florida) is owned by Progress Energy Florida Incorporated (St. Petersburg, Florida), a subsidiary of Progress Energy Incorporated (NYSE:PGN) (Raleigh, North Carolina).  Both companies are examining extending their nuclear capacities.]]></description>
      <pubDate>Thu, 11 Dec 2008 00:00:00 -0600</pubDate>
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      <title>NRG Energy Plans for Biomass Conversion at Connecticut Site</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142256</link>
      <description><![CDATA[SUGAR LAND--December 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--NRG Energy Incorporated (NYSE:NRG) (Princeton, New Jersey) is planning to convert the Montville Power Station (Uncasville, Connecticut) to a partially biomass-fueled station by 2011 to increase the company's renewable production.<br><br>
Other companies featured:  General Electric Company (NYSE:GE)]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Industrial Manufacturing Industry to Create 16,000 New U.S. Jobs in 1Q09</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142001</link>
      <description><![CDATA[SUGAR LAND--December 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The news headlines have been very disconcerting over the past couple of months, especially among companies in the Industrial Manufacturing Industry in the United States. Yet despite all of the bad news within the industry, new jobs are still being created each and every month in the form of plants completing construction and opening their doors to new employees.  During the coming first quarter of 2009, 52 new Industrial Manufacturing plants will become operational in the U.S., bringing more than 16,000 new jobs to the table.]]></description>
      <pubDate>Thu, 11 Dec 2008 00:00:00 -0600</pubDate>
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      <title>FPL Increases Renewable Energy Capacity in Florida</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142219</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--FPL Energy LLC (Juno Beach, Florida), a subsidiary of FPL Group Incorporated (NYSE:FPL) (Juno Beach), has chosen Lauren Engineers & Constructors Incorporated (Abilene, Texas) to construct  a solar-energy unit  at the company's existing natural-gas-fired Martin County Power Station near Indiantown, Florida.<br><br>
Other companies featured:  SunPower Corporation (NASDAQ:SPWRA)]]></description>
      <pubDate>Thu, 18 Dec 2008 00:00:00 -0600</pubDate>
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      <title>East Kentucky Power Cooperative Developing 1,236 Megawatts of New Generation and Continues Emissions-Reduction Initiative</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142222</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The East Kentucky Power Cooperative (EKPC) (Winchester, Kentucky), a nonprofit generation and transmission utility that supplies power to 16 distribution cooperatives, currently has 2,373 megawatts (MW) of operational power generation, of which 1,578 MW is coal fired. EKPC is also developing an additional 1,236 MW of generation.]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
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      <title>GE Energy Signs Three Agreements Worldwide to Help Companies Improve Efficiency and Output</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142258</link>
      <description><![CDATA[BANGALORE, INDIA--December 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In November 2008, GE Energy (Atlanta, Georgia), a subsidiary of General Electric Company (NYSE:GE) (Fairfield, Connecticut), signed three separate agreements with power and utility companies in Algeria, Turkey and South Africa under which GE would help the companies improve their output and efficiency. The first agreement was signed with South African gas and oil company, Sasol (NYSE:SSL) (Johannesburg), under which GE will provide round-the-clock monitoring and diagnostics of Sasol's new power plant in Secunda.]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Proposed Generation in Dakotas Could Increase Capacity to More Than 16,200 Megawatts</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141793</link>
      <description><![CDATA[SUGAR LAND--December 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--North Dakota and South Dakota currently have a total operational power generation capacity of more than 8,870 megawatts (MW). To meet upcoming growth needs and to replace retiring inefficient units, power producers are proposing a possible 1,857% increase, or 16,200 MW, of new generation capacity. The largest windfarm being proposed is by a joint venture of BP Alternative Energy North America Incorporated (Houston, Texas), a subsidiary of BP plc (NYSE:BP) (London), and Clipper Windpower plc (LSE:CWP) (London). Other developers include Otter Tail Corporation (NASDAQ:OTTR) (Fergus Falls, Minnesota) and MDU Resources Group Incorporated (NYSE:MDU) (Bismarck, North Dakota).]]></description>
      <pubDate>Mon, 08 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Altra Biofuels Closes Down Indiana Ethanol Plant; Additional Plants Could Follow</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141847</link>
      <description><![CDATA[SUGAR LAND--December 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Investor-owned AltraBiofuels Incorporated (Los Angeles, California) and its wholly owned subsidiary Altra Indiana LLC (Cloverdale, Indiana) will indefinitely lay off employees and close the doors to the $170 million, 92 million-gallon-per-year Cloverdale, Indiana, fuel ethanol plant, which completed construction in May.]]></description>
      <pubDate>Tue, 09 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Metglas Constructing $20 Million Expansion in South Carolina</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141880</link>
      <description><![CDATA[SUGAR LAND--December 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Metglas Incorporated (Conway, South Carolina), a manufacturer of amorphous metals for transformers, is currently under way with a $20 million construction of the company's transformer metal manufacturing plant in Conway. Construction consists of expanding the existing building by approximately 18,500 square feet.]]></description>
      <pubDate>Wed, 10 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Dow Chemical and Kuwait's Petrochemical Industries Finalize Joint Venture at $2 Billion Lower Value</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141840</link>
      <description><![CDATA[BANGALORE, INDIA--December 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--A joint-venture agreement between Kuwait's state-owned Petrochemicals Industries Company (PIC) (Safat) and Dow Chemical (NYSE:DOW) (Midland, Michigan) has been finalized, albeit at a lower value. Both companies will have a 50% stake in the new joint venture company, K-Dow Petrochemicals.<br><br>
Other companies featured: Rohm and Haas (NYSE:ROH)]]></description>
      <pubDate>Mon, 08 Dec 2008 00:00:00 -0600</pubDate>
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      <title>3M Joins Other Companies in Restructuring and Layoffs in Preparation for Sluggish 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141959</link>
      <description><![CDATA[SUGAR LAND--December 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On December 8, 3M Company (NYSE:MMM) (St. Paul, Minnesota), a leading global diversified technology company that manufactures products ranging from household sponges to healthcare products, presented its 2009 outlook.  The company has anticipated a global economic slowdown for quite some time and in the past 18 months has closed 15 plants, run down supply inventory and reduced capital spending.]]></description>
      <pubDate>Wed, 10 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Toyota Delays $1.3 Billion Mississippi Plant, Will Post First Operating Loss in 70 Years</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142393</link>
      <description><![CDATA[SUGAR LAND--December 24, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In recent months the American automakers faced intense scrutiny as they begged Congress and the Bush administration for billions of taxpayer dollars to save themselves from, essentially, themselves. While they did eventually receive a temporary reprieve, saving at least one of the Detroit-Three from bankruptcy for at least a few months, foreign automakers have also been facing troubling times within the North American automotive sector. In recent weeks Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) and its North American arm, Toyota Motor Manufacturing North America (Torrance, California), have been facing problems of their own.]]></description>
      <pubDate>Wed, 24 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Will Huntsman's Terminated Merger Put Life Into its Capital Spending Plans for 2009?</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142211</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Huntsman Corporation (NYSE:HUN) (Salt Lake City, Utah) announced this week an agreement to terminate its planned merger with Hexion Specialty Chemicals Incorporated (Columbus, Ohio), owned by Apollo Management L.P. (New York, New York). This agreement will settle a long-standing struggle between the companies to merge Huntsman and Hexion as originally announced earlier this year.]]></description>
      <pubDate>Thu, 18 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Construction Starts for Global Chemical Industry in 2009 Remains Steady</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142220</link>
      <description><![CDATA[SUGAR LAND--December 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is currently tracking almost 250 international Chemical Processing Industry (CPI) projects that are slated to begin construction in 2009. The combined investment for all of these projects, should they follow through with construction, is more than $55 billion. Companies involved include Petrobras (NYSE:PBR), Oil & Natural Gas Corporation Limited (BSE:500312) (New Delhi, India), Reliance Industries Limited (BSE:500325) (Mumbai) and GAIL (India) Limited (BSE:532155) (New Delhi).]]></description>
      <pubDate>Mon, 22 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Chemical Plant Owners in Rocky Mountain Region Prepare for a Better Year</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142133</link>
      <description><![CDATA[SUGAR LAND--December 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The Rocky Mountain region of the United States had expected Chemical Processing Industry (CPI) spending to slow in 2008, and it did. From the region's small population of CPI plants, the industry generally sees capital and maintenance investments annually of nearly $200 million, and this year, it fell short of even that at only $182 million in construction starts. Looking closely at the approaching year there is already more than $380 million in CPI capital and maintenance spending identified for the region as part of Industrial Info's North American Project Database.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Plains All American Nears Completion of Paulsboro Petroleum Terminal Expansion</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142525</link>
      <description><![CDATA[SUGAR LAND--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Plains All American Pipeline LP (NYSE:PAA) (Houston, Texas) is nearing completion of a $45 million expansion to its petroleum products terminal in Paulsboro, New Jersey. The first three new refined-products storage tanks are now in service, and the remaining five tanks will enter service in the next month or so.<br><br>
Other companies featured: Matrix Service Company (NASDAQ:MTRX)]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Kansas Municipal Agencies Band Together to Revive 600-Megawatt Nearman Creek Unit Addition</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142262</link>
      <description><![CDATA[SUGAR LAND--December 17, 2008--Researched by Industrial Information Resources (Sugar Land, Texas)--The Kansas City Board of Public Utilities has banded with three other utilities to revive the Unit 2 addition at the Nearman Creek Station in Kansas City, Kansas. The utilities are projecting that the state will need enough new generation in Kansas to possibly add 600 megawatts (MW).]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Florida Chemical Producers to Focus on Maintenance in 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141958</link>
      <description><![CDATA[SUGAR LAND--December 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Over the last several years in Florida, the agricultural industry has enjoyed tremendous strength in demand while also enjoying somewhat less volatile feedstock costs. The troubling economic events that have unfolded since this summer, including lower grain and seed prices, transportation and distribution woes,  and the global economic slowdown, stand to change the short-term picture for what has been a very strong run for the Chemical Processing Industry in Florida. Despite these obstacles the industry is currently on track to meet or exceed the level of spending experienced in 2008.<br><br>
Companies featured:  CF Industries Holdings Incorporated (NYSE:CF)]]></description>
      <pubDate>Thu, 11 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Construction Under Way on El Paso Electric's Newman Plant Unit Addition</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142048</link>
      <description><![CDATA[SUGAR LAND--December 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Construction is under way to add 170 megawatts (MW) to the 554-MW natural-gas- and fuel-oil-fired Newman Power Station in El Paso, Texas. The project comprises two 85-MW MS7011EA turbines manufactured by General Electric Power Systems (Schenectady, New York), a division of General Electric (NYSE:GE) (Fairfield, Connecticut), operating in simple-cycle mode.<br><br>
Other companies featured: El Paso Electric Company (NYSE:EE)]]></description>
      <pubDate>Mon, 15 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Changing Consumer Trends Boost General Mills' Sales</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142266</link>
      <description><![CDATA[SUGAR LAND--December 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--General Mills Incorporated (NYSE:GIS) (Minneapolis, Minnesota), the manufacturer of such popular food brands as Cheerios and Lucky Charms cereals, Yoplait yogurt, Pillsbury products, and Progresso soups, released its earnings report for second-quarter 2009.  Despite a year-over-year decline in quarterly net earnings of 3% to $378 million, the company's net sales were $4.01 billion, an 8% increase from 2Q08.]]></description>
      <pubDate>Fri, 19 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>California Dairies in Middle of $90 Million Phase II Expansion</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141786</link>
      <description><![CDATA[SUGAR LAND--December 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--California Dairies Incorporated (Visalia, California), the second largest dairy cooperative in the U.S., is in the thick of Phase II expansion of a milk and butter processing plant in Visalia.]]></description>
      <pubDate>Mon, 08 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Japanese Steelmakers Considering Shutdown of Blast Furnaces to Reduce Steel Production</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142099</link>
      <description><![CDATA[BANGALORE, INDIA--December 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Japanese steelmakers are being forced to consider a temporary shutdown of blast furnaces in a rare and drastic response to the slumping demand for steel during the current economic recession. The shutdown, which is likely to last two to three days, could take place as early as this month.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Siemens to Invest $40 Million in Indian Operations in 2009 Despite Economic Slowdown</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141890</link>
      <description><![CDATA[BANGALORE, INDIA--December 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite the economic slowdown, Siemens Limited (BSE:500550) (Mumbai), a subsidiary of Siemens AG (NYSE:SI) (Munich, Germany), is moving forward with plans to invest $40 million in India during the next fiscal year. The firm plans to make the proposed investment across various business verticals with special focus on the infrastructure segment. The proposed plan is part of the firm's ongoing investments in India where it has been investing about $40 million per year for the last two years.]]></description>
      <pubDate>Tue, 09 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Sabine River Authority Seeks Low-Flow Power</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=141999</link>
      <description><![CDATA[SUGAR LAND--December 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The Sabine River Authority's (Orange, Texas) recent hydroelectric license-renewal application to the Federal Energy Regulatory Commission seeks the option to install a low-flow hydroelectric turbine at the Toledo Bend Hydropower Station spillway.]]></description>
      <pubDate>Fri, 12 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Honeywell's Sales Up in 2008, but Expectations are Low for 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142135</link>
      <description><![CDATA[SUGAR LAND--December 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On December 15, global diversified manufacturing company Honeywell International Incorporated (NYSE:HON) (Morris Township, New Jersey) discussed the company's outlook for the coming year.    Although Honeywell is certainly expecting a slower 2009, on the whole, 2008 has not been as devastating as it has for other companies.  Chief Financial Officer David Anderson, speaking of the company's performance in a conference call, said, "2008 has been a very good year for Honeywell in an increasingly tough economic environment."  Total sales for the company showed 6% growth, moving from $34.6 billion in 2007 to an estimated $36.6 billion in 2008.]]></description>
      <pubDate>Tue, 16 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Reliance Industries to Receive $400 Million from JPMorgan to Fund Expansion Plans</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142359</link>
      <description><![CDATA[BANGALORE, INDIA--December 23, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Reliance Industries Limited (BSE:500325) (Mumbai), the flagship company of the Mukesh Ambani-led Reliance Group and India's largest private sector enterprise, has signed an agreement with JPMorgan Chase & Company (NYSE:JPM) (New York, New York) for a $400 million financing facility to fund the company's various expansion projects in India. JPMorgan, a leading global financial services firm, will act as the arranger, lender and facility agent for this deal. The Export-Import Bank (Exim), the official credit agency of U.S., will play the role of credit guarantor in this financing arrangement.<br><br>
Other companies featured: Reliance Petroleum Limited (BSE:532743), J. Ray McDermott (NYSE:MDR)]]></description>
      <pubDate>Tue, 23 Dec 2008 00:00:00 -0600</pubDate>
    </item>
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