Article Abstract:
Electrical and electronic equipment topped the list of global industrial activity in 1995 with 498 new or expanded facilities. It was followed closely by machinery, except electrical, with 495, and transportation equipment with 411 manufacturing projects. The growth in electrical and electronic equipment facilities support the intensive capital investment in the semiconductor industry, which reached $55 million in 1995 from 1994's $34 million. Industry analysts attribute the improvement to global economic growth, even in the world's poorest countries.
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Article Abstract:
A global economic resurgence boosted total new and expanded manufacturing facilities by 18% to 4,035 in 1994. Average facility investments climbed 46% to $34 million. Electrical and electronic equipment plants dominated new and expanded facilities in 1994, posting 384. Semiconductor plants in particular boomed in 1994, with projects such as Intel Corp.'s $1.3-billion microchip plant in Chandler, AZ and Toshiba Corp.'s $1-billion random access memory chip manufacturing plant in Tokyo, Japan.
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Article Abstract:
The opening of many international markets stimulated facilities expansion in the manufacturing sector in 1996. Aggressive expansion and construction have been noted in the following industries: industrial and commercial machinery, computer equipment, electronics and electrical equipment and components. Machinery and electrical sectors accounted for about 20% of all facilities construction and expansion. Many of these industries are also investing heavily into foreign markets.
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