Industrial Reports, Inc.
Planned Capital Spending - November 2017

Combined U.S. & Canadian Industrial Spending Falls 30 Percent

RALEIGH, NC –December 1, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending dropped dramatically in November compared to October. November spending for the two nations totaled $36.83 billion compared to October’s $53.37 billion. The research organization reported 239 planned U.S. and Canadian projects in November.

Planned U.S. project spending sunk in November with $30.33 billion in planned investment compared to the October total of $48.97 billion. However, Canadian planned investment improved with $6.50 billion in November compared to $4.40 billion in October. Projects in both nations ranged in value from $800,000 to $6 billion.

Process projects led U.S. spending with $22.83 billion in planned investment, followed by manufacturing projects with $3.24 billion. Power and energy projects reported $1.96 billion in planned U.S. spending.

In Canada, process projects led all markets with $6.19 billion in planned spending, while power and energy projects accounted for $84 million.

Texas led the U.S. in planned investment for the month with $11.90 billion, followed by Louisiana with $4.98 billion and California with $2.02 billion

In Canada, Alberta led the provinces and territories with $4.51 billion in planned spending. British Columbia reported $591 million and Ontario reported $267 million.

Texas was the leader in U.S. project activity with 19 planned projects. New York and Ohio each reported 13 planned projects while North Carolina reported 12.

Alberta led Canadian project activity with eight planned projects. British Columbia reported seven 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
-Oil & Gas Projects
-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 November:

$410 Million Yarn Manufacturing & Distribution Facility, Design Phase

British Columbia:
$8 Million Natural Gas Compressor Station Upgrade, Planning Phase

$32.5 Million Poultry Wastewater Treatment Plant Upgrade, Design Phase

$17 Million Auto Components Plant Expansion, Planning Phase

$1.2 Billion Methanol Plant, Planning Phase

$50 Million Cogeneration Facility Modernization, Planning Phase

$27.6 Million Power Plant Conversion, Planning Phase

$12 Million Grocery Products Fulfillment Centers, Starting Design

$500 Million Lithium Processing Facility & Mine, Planning Phase

$38 Million Cereal Plant, Design Phase

$70 Million Data Center Expansion, Planning and Some Design

$6 Billion Ethane Export Terminal, Planning Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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