Industry Analysis & Industry Trends
Heat is on
The Industrial Process Furnace Manufacturing industry derives a significant proportion of its demand from downstream markets, like the manufacturing and construction sectors. During the recession, the industrial production index dropped, which flowed through to the industry's performance. Nevertheless, as downstream markets begin to improve, industry demand will pick up again. ... purchase to read more
Industry Report - Industry Locations Chapter
The location of industry establishments follows the location of downstream industries and, to a lesser extent, raw material suppliers. Because furnaces can be massive, minimizing transportation costs is crucial to success. Furnaces are sometimes built on-site because there is not a feasible transportation alternative. Overall, business activity is estimated to be concentrated in the Great Lakes region along with downstream industries.
Great Lakes
In the Great Lakes region, the states of Ohio, Michigan and Pennsylvania represent areas of industry activity. In particular, Ohio is home to the highest share of furnace manufacturers in the United States. The... purchase to read more