Thursday, September 1, 2011

Biomanufacturing Defies Economic Downturn by Increasing Budgets, an Industrial Info News Alert


Researched by Industrial Info Resources (Sugar Land, Texas) -- The perceived bleak status of the economy doesn't possess many bright spots. Many economists agree that a robust housing market usually leads the charge for a healthy economy. However, the manufacturing sector, specifically the biomanufacturing segment, seems to be defying tradition and leading the way to a better economic outlook.


Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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. For more information send inquiries to pharmabiogroup@industrialinfo.com or visit us at www.industrialinfo.com .For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=185695&refer=marketwire , or browse other breaking industrial news stories at www.industrialinfo.com .Add to Digg Bookmark with del.icio.us Add to NewsvineFollow us on: Facebook - Twitter - LinkedInContact: Joe Govreau 713-783-5147Construction of new biomanufacturing facilities and the expansion of existing plants are also within the budgets of biopharmaceutical producers. Baxter Incorporated (NYSE:BAX) (Deerfield, Illinois) is spending approximately $50 million to add approximately 60,000 square feet of production space to its site in Thousand Oaks, California.

Contact: Joe Govreau 713-783-5147




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