Industrial Reports, Inc.
Planned Capital Spending - January 2018

Combined U.S. & Canadian Industrial Spending Falls

RALEIGH, NC –February 1, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending fell 25 percent in January compared to December. January spending for the two nations totaled $39.76 billion compared to December’s $53.58 billion. The research organization reported 263 planned U.S. and Canadian projects in January.

Planned U.S. project spending was off by 12 percent in January with $31.29 billion in planned investment compared to the December total of $35.66 billion.

Canadian planned investment also declined to $8.47 billion in January compared to $17.92 billion in December. Projects in both nations ranged in value from $300,000 to $4 billion.

Power and energy projects led U.S. spending with $12.36 billion in planned investment, followed by process projects with $9.90 billion. Manufacturing projects reported $6.49 billion in planned U.S. spending.

In Canada, process projects led all markets with $5.81 billion in planned spending. Power and energy projects accounted for $1.13 billion and manufacturing projects showed $1.09 billion.

Arizona led the U.S. in planned investment for the month with $5.81 billion, followed by Louisiana with $5.45 billion and Wisconsin with $2.75 billion

In Canada, Alberta led the provinces and territories with $5.91 billion in planned spending. Québec reported $1.13 billion and Saskatchewan reported $1 billion.

North Carolina was the leader in U.S. project activity with 15 planned projects. Texas reported 13 planned projects and Indiana had 12.

Alberta led Canadian project activity with nine planned projects. Québec reported six and Ontario five.

Industrial Reports researches projects in the United States and Canada for companies that provide services, materials and equipment for new and expanding industrial facilities, including:

-Manufacturing Facilities
-Process Facilities
-Food Process Facilities
-Chemical Process Plants
-Pipelines
-Oil & Gas Projects
-Mines
-Research & Development Laboratories
-Distribution Facilities
-Energy Facilities
-Industrial Buildings
-Water/Wastewater Treatment Plants
-Solid Waste Facilities
-Plant Dismantlements

The following are selected projects researched and reported in January:

Arizona:
$200 Million Natural Gas-Fired Power Plant, Design Phase

British Columbia:
$136 Million Gold & Silver Ore Processing Facility, Planning Phase

Florida:
$1.2 Billion Combined-Cycle Power Plant, Planning Phase

Illinois:
$65 Million Data Center, Design Phase

Illinois:
$28 Million Meat Packing Plant, Starting Planning

Indiana:
$25 Million Pet Food Plant Expansion, Starting Planning

Louisiana:
$3.6 Billion Methanol Plant, Design Phase

Minnesota:
$21 Million Pulp & Paper Mill Upgrade, Planning Phase

Montana:
$20 Million Coal Mine Expansion, Planning Phase

North Carolina:
$24 Million Auto Components Plant, Design Phase

Pennsylvania:
$21 Million Auto Components Distribution Facility, Design Phase

Saskatchewan:
$2.35 Million Natural Gas Pipeline, Design Phase

Texas:
$140 Million Crude Oil Pipelines & Pump Stations, Starting Planning

Texas:
$142 Million Peaking Power Plant, Starting Design

Wisconsin:
$400 Million Containerboard Mill Expansion, Planning Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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