Industrial Reports, Inc.
Planned Capital Spending - June 2019

Combined U.S. & Canadian Industrial Spending Falls Sharply

RALEIGH, NC – July 1st, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending declined in June compared to last month. June’s $27.07 billion was a huge drop compared to May’s $77.09 billion. Projects in both nations ranged in value from $2 million to $3.6 billion. The research organization reported 157 planned U.S. and Canadian projects in June.

Planned U.S. project spending produced a disappoining $24.91 billion in planned investment compared to the May total of $74.42 billion. U.S. spending was mostly composed of $11.38 billion in planned investments for power and energy projects, followed closely by $11.04 billion for process projects and $1.55 billion for manufacturing projects. Texas was the U.S. leader in planned investment for the month with $6.63 billion, followed by Nevada with $3.61 billion and Florida with $1.57 billion. The majority of U.S. project activity was in Texas with 11 planned projects reported, followed by Florida with seven. There were six projects reported each in Colorado and North Carolina.

Canadian planned investment edged lower to $2.16 billion in June from May’s $2.67 billion. Process projects also led all Canadian markets with $1.60 billion reported in planned spending, followed by $528 million for power and energy projects. Alberta led the provinces and territories with $926 million in planned spending. We reported $873 million in planned spending in British Columbia while Ontario followed with $268 million. The majority of Canadian project activity was in Alberta, with nine planned projects reported. There were eight projects reported in British Columbia while Ontario reported three 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 June:

British Columbia:
$111 Million Natural Gas Processing Plant Expansion, Planning Phase

$800 Million Crude Oil Pipeline & Pump Stations, Planning Phase

$700 Million Combined-Cycle Power Plant, Starting Design

$50 Million Cold Storage Warehouse & Auto Transloading Facility, Planning and Some Design

$100 Million Air Cargo & Hangar Facilities, Design Phase

$80 Million Hydroelectric Power Plant, Starting Planning

$12 Million Bourbon Distillery, Design Phase

$8 Million Fertilizer Supplements Plant, Planning Phase

$11 Million Industrial Wastewater Treatment Plant, Starting Design

New Jersey:
$4.5 Million Rubber Products Plant Expansion, Starting Planning

North Carolina:
$20 Million Pharmaceutical Plant, Planning and Some Design

$200 Million Gold Processing Facility & Mine, Planning Phase

$803 Million Chemical Precursor & Monomer Plant, Planning Phase

$189 Million Pulp & Paper Mill Upgrade, Design Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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