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Bottlenecks, Labor Shortages and Volatile Prices Produce Sticker Shock - ENR | McGraw-Hill Construction

Publication Date: 24-SEP-08
Author: Thomas F. Armistead
Format: HTML

    
Description:
Shifting powerplant markets, supply bottlenecks, volatile equipment prices, global competition for powerplant materials and shortages of specialty craft and professional labor have conspired to produce what one source calls sticker shock” for powerplant owners. Price escalation is up from five years ago, driven by market conditions that have allowed “profiteering” by makers of specialty products, according to another source.
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