Industrial Reports, Inc.
Planned Capital Spending - December 2017

Strong Finish for Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –January 3, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending grew by 45 percent in December compared to November. December spending for the two nations totaled $53.58 billion compared to November’s $36.83 billion. The research organization reported 237 planned U.S. and Canadian projects in December.

Planned U.S. project spending improved by 17 percent in December with $35.66 billion in planned investment compared to the November total of $30.33 billion. Canadian planned investment also improved to $17.92 billion in December compared to $6.50 billion in November. Projects in both nations ranged in value from $300,000 to $5 billion.

Process projects led U.S. spending with $17.07 billion in planned investment, followed by manufacturing projects with $8.29 billion. Power and energy projects reported $3.32 billion in planned U.S. spending.

In Canada, process projects led all markets with $9.05 billion in planned spending, while chemical projects accounted for $5.1 billion. Power and energy projects showed $2.96 billion.

Texas led the U.S. in planned investment for the month with $8.7 billion, followed by Louisiana with $8.21 billion and Michigan with $6.21 billion

In Canada, Alberta led the provinces and territories with $8.26 billion in planned spending. Saskatchewan reported $5.14 billion and Ontario reported $3.12 billion.

Texas was the leader in U.S. project activity with 19 planned projects. New York and Georgia each reported 12 planned projects.

Alberta led Canadian project activity with 12 planned projects. Ontario reported 11 and British Columbia 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
-Pipelines
-Oil & Gas Projects
-Mines
-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 December:

Colorado:
$500 Million Steel Mill Expansion, Planning Phase

Indiana:
$30 Million Cold Storage Distribution Facility, Design Phase

Louisiana:
$30 Million Chemical Precursor Plant, Planning Phase

Louisiana:
$2 Billion Natural Gas Pipelines & Compressor Stations, Planning Phase

Maryland:
$40 Million Natural Gas-Fired Power Plant, Starting Planning

Massachusetts:
$50 Million Water Treatment Plant, Planning Phase

North Carolina:
$580 Million Tire Plant, Planning Phase

Ohio:
$475 Million Combined-Cycle Power Plant, Planning Phase

Ontario:
$65 Million Biomass-Fired Cogeneration Facility & Pellet Mill, Design Phase

Pennsylvania:
$112 Million Poultry Processing Facility, Starting Design

Tennessee:
$35 Million Airfield Maintenance & Operations Facility, Design Phase

Texas:
$1 Billion Crude Oil Pipeline & Pump Station, Planning Phase

Wyoming:
$200 Million Natural Gas Gathering System, Planning Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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