Part of running a successful business is knowing what areas to target with your products and services and doing so at the right time. Right now, the Gulf Coast region of the U.S. is experiencing significant industrial growth due to petrochemical development, making this an ideal area for large companies to target with their products and services pertaining to industrial settings. Companies like ServiceMaster and Indeck provide products and services that could benefit major industrial plants and facilities so it is wise for these companies to aggressively market on the Gulf Coast region.
The industrial growth of the Gulf Coast region is being spurred by the petrochemical development industry as more industrial plants are planned to be online by the end of 2016. The addition of these industrial plants will increase the load growth by 1,400 MW just in the service territory of Entergy Corporation (NYSE:ETR). The states most affected by this growth are Texas and Louisiana which are each set to complete $25 billion and $6 billion worth of petrochemical products respectively by December 2017. The cities and areas experiencing the most petrochemical additions are Houston, Corpus Christi, Port Arthur, Baton Rouge, Lake Charles, and New Orleans.
Large companies that offer products and services that can benefit industrial plants and facilities should target these areas of industrial growth on the Gulf Coast. The economic prosperity in these areas brought on by the growth of the petrochemical development industry will make these companies more receptive to the products and services that could benefit their operations. Big companies with nationwide presence like ServiceMaster, Indeck, and others that can benefit these industries can also increase their own business at the same time with effective marketing in these areas.
By: Perrie Hayes, Marketing
The Indeck Group of Companies – Industrial Boiler Rental