Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (105648)	4/19/2014 5:34:45 AM
From: Haim R. Branisteanu	Respond to of 220075

Buy the USD? Building ProjectsCompanies will spend $35 billion, more than ever, on expansion projects along the Houston Ship Channel by next year, creating a total of 265,800 jobs, a 2012 Greater Houston Port Bureau survey shows. Louisiana, where $60 billion in building projects are planned through 2016, will need 86,300 workers over that time, according to the state’s Workforce Commission. “This is an exponentially larger investment period than Louisiana has ever seen,” said Tom Guarisco, a spokesman for the Workforce Commission in Baton Rouge. The biggest shortages will be for welders, electricians, instrumentation technicians, fabricators and pipe fitters, according to Roger Blackburn, executive account manager at Infinity Construction Services LP, which employs about 2,500 workers on the Gulf Coast. The scale of the projects means costs and delays will probably escalate, he said. http://www.bloomberg.com/news/2014-04-17/midnight-welding-picks-up-slack-that-imperils-shale-boom.html In Australia, cooks at offshore projects are earning more than A$350,000 ($328,000) a year while laundry hands get more than A$325,000 and barge welders almost A$400,000, imperiling investments in liquefied natural gas, according to the Australian Petroleum Production & Exploration Association.