Industrial Reports, Inc.
Planned Capital Spending - July 2018

Combined U.S. & Canadian Industrial Spending Slides 27 Percent

RALEIGH, NC –August 1, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending fell 27 percent in July compared to June with $36.04 billion in spending for the two nations. June’s planned investment showed $49.44 billion. The research organization reported 234 planned U.S. and Canadian projects in July.

Planned U.S. project spending slipped 20 percent in July with $32.40 billion in planned investment compared to the June total of $40.54 billion.

Canadian planned investment also sank from $8.90 billion in June to $3.64 billion in July. Projects in both nations ranged in value from $500,000 to $8 billion.

Process projects led U.S. spending with $22.73 billion in planned investment, followed by manufacturing projects with $4.26 billion. Power and energy projects reported $4.11 billion in planned U.S. spending.

In Canada, process projects led all markets with $2.96 billion in planned spending. Power and energy projects accounted for $1.53 billion and maintenance facility projects showed $14 million.

Texas was the U.S. leader in planned investment for the month with $10.79 billion, followed by Utah with $2.73 billion and New Jersey with $2.55 billion.

In Canada, Alberta led the provinces and territories with $2.13 billion in planned spending. British Columbia reported $556 million and Yukon Territory reported $514 million.

Texas was the leader in U.S. project activity with 19 planned projects. North Carolina reported 15 planned projects and Indiana had 14.

Alberta and British Columbia led Canadian project activity with five planned projects each. Québec reported three projects and New Brunswick, Ontario and Saskatchewan had two each.

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 July:

Alabama:
$40 Million Auto Components Plant Expansion, Design Complete

Florida:
$23 Million Medical Equipment Plant, Design Phase

Indiana:
$200 Million Refined Products Pumping Expansion, Planning Phase

Maine:
$100 Million Pulp & Paper Mill Upgrade, Planning Phase

Michigan:
$5 Million Bourbon Storage & Bottling Facility, Starting Planning

Nevada:
$42.5 Million Solid Sodium Cyanide Plant Expansion, Planning Phase

New Jersey:
$750 Million Combined-Cycle Power Plant, Starting Planning

New Mexico:
$37.5 Million Crude Oil Gathering System, Starting Design

New York:
$300 Million Power Plant Repowering, Planning Phase

North Carolina:
$200 Million E-Commerce Distribution Facility, Design Phase

Ontario:
$100 Million Nepheline Syenite Mine Modernization, Planning and Some Design

Saskatchewan:
$30 Million Helium Processing Plant, Planning Phase

Texas:
$2 Billion Natural Gas Pipeline & Compressor Stations, Planning Phase

Utah:
$100 Million Data Center, Starting Design


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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