Factory Construction Boosts Economy

It’s a mini-boom in plant construction. A 12.6 percent increase in new and expanding factories (and other non-residential construction) is sparking economic growth, according to the U.S. Commerce Department. USAToday.com reports that after years of factory closings diminished the nation’s industrial footprint, the uptick is welcome news. “An auto sales boom, the housing recovery and the oil and natural gas drilling frenzy are all forcing manufacturers to build or enlarge plants to supply these industries,” explains reporter Paul Davidson.

 

http://www.usatoday.com/story/money/business/2014/09/28/factory-construction-picks-up/16260831/