U. S. Manufacturer of Industrial Fasteners
February 5th, 2019
Dear Edward L,
As we look forward to 2019, most industry forecasts for the industrial markets are very optimistic. Positive economic factors such as low unemployment, coupled with tax cuts, are spurring capital expenditures in both projects and plant maintenance/expansions. The water/wastewater/sewer construction market is no different.
In 2016, the actual construction spending in this market was $43.8 Billion; 2017 showed a marked decline to $39.4 Billion – yet the forecast for 2018 is $44.2 Billion, quite a rebound. But the real news is the forecasts for 2019 and 2020: $47.9 Billion (+8%) and $56.9 (+19%) respectively. In addition, earlier this year, Bluefield Research forecasted total dollars for U.S. water infrastructure projects will exceed $683 Billion over the next ten years!
One of the key issues plaguing the water industry is leakage, according to “Water Online”, with an estimated two trillion gallons of water per year are lost to leaks. That’s an astonishing 15% of the total drinking water treated in the U.S. In addition, the distribution and collection networks for water and wastewater dominate the expenditures surpassing $375 Billion of the ten-year total. Water districts throughout California will be addressing replacement of pipes, pumps, tanks, valves and information technology.
Our company, PACIFIC COAST BOLT CORP., a California certified small business, is here to help you address many of these issues. As a manufacturer, with 35,000 sq. ft. of inventory space, we can address all your bolting requirements. In addition, there are other areas where we can afford our customers value added products designed to facilitate project completion and address life cycle costs. Contact us today for information on areas where we can help save you money!
Director: Business Development