The boom can been seen in the rapid pace at which U.S. companies are planning new industrial facilities. Some five years ago, about five large facilities in the planning and/or permitting stage in the U.S., according to Cal Dooley of the American Chemistry Council. Today, more than 115 such industrial plants or complexes are on the drawing boards. Plants that get the final go-aheads will be up and running quickly. Most will be located in former industrial sites or in energy-rich, industry-friendly states, such as the new iron ore processing plant planned by an Austrian company in iron-poor, gas-rich Texas.
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For investors, the first wave of investment opportunities are in companies building those new industrial facilities – for someone else or for their own use.
Here are 5 top core industrial stocks. These Made in America companies will thrive in the coming manufacturing boom: