Growth in Oil & Gas, Transportation Spurs Nearly $1 Billion in Projects for North American Foundries & Forging Industry, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 28, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The North American foundries & forging industry is benefiting from three major trends in the U.S. economic recovery: a booming U.S. automotive market, which is boosting demand for aluminum used in lightweight vehicles; stronger demand for commercial aircraft materials; and massive growth in the Oil & Gas Industry, which has upped demand for components such as gas turbines. Industrial Info is tracking 72 related projects in the U.S. and Canada with a total investment value (TIV) of $968 million.

Within this article: Details on projects, including current schedules and investment values, from companies such as Alcoa Incorporated (NYSE:AA), Weber Metals Incorporated and Ellwood Group Incorporated.

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