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Subject: April Planned Industrial Spending Drops 31 Percent

RALEIGH, NC - May 1, 2008

Research by Industrial Reports, Inc. shows April planned capital spending for U.S. and Canadian industrial projects decreased over 31 percent compared to March spending. The April total for the two nations was $27.10 billion, compared to March's $32.36 billion. The research organization reported 316 planned U.S. and Canadian projects during the month of April.

Planned project investment was $19.46 billion in the U.S. and $7.64 billion in Canada. The projects ranged in value from $.5 million to $2 billion.

Energy facility projects led in the United States with $8.51 billion in planned investment, followed by process projects with $7.14 billion. Manufacturing projects accounted for $1.46 billion in planned U.S. spending.

In Canada, process facilities led planned investment with $4.32 billion, followed by energy facilities with $3.04 billion.

California was the U.S. leader with $2.31 billion in planned spending, followed by Texas with $2.08 billion, and Idaho with $2.01 billion.

In Canada, Quebec led the provinces and territories with $1.83 billion in planned project investment for the month, followed by British Columbia with $1.73 billion. Alberta projects accounted for $1.17 billion in planned project investment.

California led the U.S. in project activity with 19 planned projects reported. There were 18 planned projects reported in Texas. Three other states had 12 planned projects each.

Ontario was the Canadian leader in project activity with 11 planned projects reported, followed by Alberta with seven planned projects reported. Quebec had six planned projects reported.

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
- Chemical Process Facilities
- Food Processing Facilities
- Research & Development Laboratories
- Distribution Facilities
- Energy Facilities
- Industrial Buildings
- Industrial Equipment Installation
- Water/Wastewater Treatment Facilities
- Solid Waste Facilities
- Plant Dismantlements

A summary of the most recent reports is available online at:
http://www.industrialreports.com/typelocation.htm

The following are selected projects researched and reported in April:

Alberta:
$20 Million Steel Fabrication Facility, Planning Phase

California:
$16.5 Million Packaging Sorting & Distribution Facility, Planning Phase

Georgia:
$35 Million Auto Insulation Component Plant, Planning Phase

Louisiana:
$15 Million Plastic Recycling Plant, Starting Planning

Oklahoma:
$75 Million Aircraft Engine & Component Facility, Planning Phase

Ontario:
$10 Million Purified Silicon Plant, Planning Phase

Oregon:
$14 Million Natural Foods & Craft Supplies Facility, Design Phase

Tennessee:
$46 Million Tissue Regeneration Therapy Facility, Design Phase

Utah:
$20 Million Petroleum Refinery Emissions Control Equipment, Starting Planning

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