Plant Upgrades Drive Water Extraction & Purification Market in North America
The 18,000 plants in North America which are extracting water and purifying it for residential, commercial, and industrial use have committed to spend billions of dollars to upgrade their facilities, according to a report by McIlvaineCompany.
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McIlvaine classifies expenditures as new facilities to expand supply, new facilities to replace facilities being retired, upgrading of older facilities and routine maintenance, and replacement. In North America, McIlvaine says upgrades are the leading sector in terms of investment.
Many of the upgrades are taking place at plants which are over 50 years old. Some operators have scheduled major upgrades every 20 years.
For more information on McIlvaine’s North American Public Water Plants and People report, click here.