Industrial Reports, Inc.
Planned Capital Spending - January 2019

Healthy Gains for Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –February 1st, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending increased in January showing $63.33 billion compared to December’s $30.01 billion. The research organization reported 197 planned U.S. and Canadian projects in January.

Planned U.S. project spending improved by 26 percent in January with $32.83 billion in planned investment compared to the December total of $26.02 billion.

Canadian planned investment jumped to $30.50 billion in January up from December’s $3.99 billion. Projects in both nations ranged in value from $1 million to $7.4 billion.

Manufacturing projects led U.S. spending with $13.10 billion in planned investment, followed by energy projects with $11.50 billion. Process projects reported $6.57 billion in planned U.S. spending.

In Canada, process projects led all markets with $21.46 billion in planned spending, while energy projects accounted for $8.71 billion. Manufacturing projects showed $35 million in planned investment.

Nevada was the U.S. leader in planned investment for the month with $3.35 billion, followed by Oregon with $3 billion and Arizona with $2.75 billion.

In Canada, Québec led the provinces and territories with $10.64 billion in planned spending. British Columbia reported $10.44 billion and Ontario reported $5.1 billion.

California and New York both led in U.S. project activity with 10 planned projects each. Kentucky, Ohio and Texas each reported nine planned projects. Michigan had eight planned projects.

Alberta led Canadian project activity with seven planned projects. Ontario reported six projects while Québec and Saskatchewan each reported five projects.

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:
$2.75 Billion Hydroelectric Power Plant, Starting Planning

California:
$120 Million Data Center, Design Phase

Indiana:
$86 Million Pharmaceutical Plant Expansion, Design Phase

Lousiana:
$1.2 Billion Chemical Plant, Starting Planning

Michigan:
$15 Million Steel Pilings Plant, Planning Phase

New York:
$3.4 Million Label Plant Expansion, Design Phase

Ontario:
$65.3 Million Ore Processing Facility & Gold Mines, Planning and Some Design

Pennsylvania:
$350 Million Combined-Cycle Power Plant, Planning Phase

Québec:
$10 Million Metal Powders Plant Expansion, Planning Phase

Tennessee:
$800 Million Auto Assembly Plant, Planning Phase

Texas:
$750 Million Natural Gas Pipeline & Compressor Stations, Planning Phase

Texas:
$3 Million Footwear Plant, Planning Phase

Virginia:
$25 Million Plastic Film Plant Expansion, Design Phase

Wisconsin:
$40 Million Food Ingredients Plant, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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