Industrial Reports, Inc.
Planned Capital Spending - June 2017

Combined U.S. & Canadian Industrial Spending Off 40 Percent

RALEIGH, NC –July 1, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending slumped 40 percent in June compared to May.  June spending for the two nations totaled $37.31 billion compared to May’s $61.78  billion.  The research organization reported 295 planned U.S. and Canadian projects in June.

Planned U.S. project spending fell about 15 percent in June with $34.65 billion in planned investment compared to the May total of $40.89 billion.  Canadian planned investment went from $20.06 billion in May to $2.66 billion in June.  Projects in both nations ranged in value from $700,000 to $9.5 billion.

Power and energy projects led U.S. spending with $18.13 billion in planned investment, followed by process projects with $7.74 billion.  Manufacturing projects reported $5.40 billion in planned U.S. spending.

In Canada, process projects led all markets with $1.67 billion in planned spending, while power and energy projects accounted for $921 million.

Georgia led the U.S. with $11.22 billion in planned investment, followed by Texas with $4.02 billion, and Nevada with $2 billion.

Alberta was the Canadian spending leader with $1.95 billion in planned project investment for the month, followed by British Columbia with $327 million and New Brunswick with $110 million.

Texas was the U.S. project activity leader in June with 21 planned projects, followed by Georgia and New York, each with 15, and North Carolina with 13 projects.

Alberta was the Canadian project leader with 13 projects, while Ontario reported ten and British Columbia and New Brunswick each reported three.

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:

$2.5 Million Water Bottling Plant, Design Phase

$32 Million Pharmaceutical Research Lab Expansion, Design Phase

$20 Million Cellulosic Sugar Plant, Design Phase

$400 Million Tissue Mill Expansion, Planning Phase

$35 Million Food & Beverage Distribution Center, Design Phase

$81 Million Cold Storage Facility, Planning Phase

$277 Million Natural Gas-Fired Power Plants, Design Phase

$6 Million Auto Components Plant Expansion, Design Phase

$20 Million Condensate Pipeline & Terminal, Planning Phase

$12.5 Million Frozen Foods Processing Plant, Planning Phase

$80 Million Wastewater Treatment & Biosolids Plant, Design Phase

$1.3 Billion NGL Pipeline & Pump Stations, Starting Design

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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