SUGAR LAND, Texas, Feb. 28, 2018 /PRNewswire/ -- Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--In today's Pharmaceutical & Biotech Industry, where construction costs for an advanced manufacturing plant can top $1,000 per square foot, proper maintenance is of the utmost importance. The last thing any drug, medical device or toiletries manufacturer needs is equipment failure or malfunction within the production process. In North America, there are currently 924 active projects for maintenance, repair and overhaul (MRO), according to Industrial Info's project database, representing $1.6 billion in total investment value (TIV).
Within this article: Details on some of the MRO projects in North America and why they are important to the industry.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to [email protected] or visit us online at http://www.industrialinfo.com.
William Ploch
713-783-5147
SOURCE Industrial Info Resources, Inc.
Share this article