Industrial Reports, Inc.
Planned Capital Spending - July 2019

Big Comeback for Combined U.S. & Canadian Industrial Spending

RALEIGH, NC – August 1st, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending rebounded mightily in July with $96.99 billion compared to June’s $27.07 billion. Projects in both nations ranged in value from $1 million to $55 billion. The research organization reported 183 planned U.S. and Canadian projects in July.

Planned U.S. project spending accounted for the bulk of the improvement with $75.69 billion in planned investment compared to the June total of $24.91 billion. U.S. spending was mostly composed of $67.16 billion in planned investment for process projects, followed by $4.47 billion for power and energy projects and $2.35 billion for manufacturing projects. Alaska was the U.S. leader in planned investment for the month with $53.37 billion, followed by Louisiana with $8.14 billion and Texas with $3.03 billion. The majority of U.S. project activity was in Texas with 10 planned projects reported, followed by Louisiana, Michigan and Pennsylvania each with eight projects. There were seven projects reported each in Indiana, New York and Wisconsin.

Canadian planned investment showed much improvement with $21.30 billion in July compared to June’s $2.16 billion. Process projects also led all Canadian markets with $21.30 billion reported in planned spending, followed by $101 million for manufacturing projects and $42 million for power and energy projects. British Columbia led the provinces and territories with $9.78 billion in planned spending. We reported $3.32 billion in planned spending in Alberta while the Northwest Territories followed with $2.10 billion. The majority of Canadian project activity was in Ontario, with eight planned projects reported. There were seven projects reported in British Columbia while Alberta 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
-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 July:

$100 Million Food & Beverage Distribution Facility, Design Phase

$8.5 Million Material Handling Equipment Production Expansion, Planning Phase

$70 Million Chemical Intermediates Plant Expansion, Starting Design

$645 Million Converter Station & Energy Storage Facility, Planning Phase

$1.44 Billion Combined-Cycle Power Plant, Planning Phase

$252 Million Natural Gas Pipeline, Planning Phase

New Mexico:
$100 Million Natural Gas Processing Plant Expansion, Planning Phase

Nova Scotia:
$6.5 Million Frozen Food Packaging Expansion, Planning Phase

$5 Million Ice Cream & Beverage Production Expansion, Planning Phase

$344 Million Vanadium Processing Facility & Mine, Planning Phase

$100 Million Crude Oil Pipelines & Booster Station, Planning Phase

$1.2 Billion Petrochemical Production Units, Planning Phase

$320 Million Paper Mill, Design Phase

$200 Million E-Commerce Fulfillment Center, Planning Phase

$85 Million Pharmaceutical Plant, Design Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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