Market Trends ... Industrial Information Resources
June 30, 2002
Industrial Information Resources tracked 85 industrial plant closings in the 3rd quarter of last year, compared with merely 36 openings. Hardest hit sector was manufacturing, which lost a net 42 facilities. Chemical companies closed 12 facilities while opening none. On the plus side, there were 27 power plant start-ups and no closings, while the food and beverage industry opened nine plants and closed only one.