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Research Firm: 17,000 New Jobs, 194 Plants Coming in Q2

03/12/2010
Research and industry analyst firm Industrial Info Resources is tracking the impending opening of nearly 200 new manufacturing plants nationwide.

The Sugar Land, Texas-based firm expects the new 194 plant facilities, which are expected to move into operation the second half of this year, will create 17,000 new jobs.

"In the past few months, the unemployment rate has shown signs that its meteoric rise is at an end. The job-loss figures have become more manageable, and there are indications that the unemployment percentage will drop in the near future," states the firm in a release on its industry monitoring activity.

"While this is not a sure-fire sign that total recovery from the recession is coming, combine the jobs numbers with a healthier Wall Street and manufacturers that are beginning to spend money again on expansion, and you have some positive indicators," said the firm.

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