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Report: Reshoring to Boost Industrial Construction in 2015

from ChemInfo

Construction research firm CMD expects starts of industrial construction projects to increase 7.8 percent this year due in large part to reshoring efforts by U.S. manufacturers. The Georgia-based group's quarterly forecast suggested lower domestic energy prices and declining overseas competitive advantages make the U.S. "an attractive destination for high value-added manufacturing." Firms bringing jobs back to U.S. shores, CMD predicted, will spur increased demand for manufacturing space and lead to greater construction activity. more


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