Industrial Reports, Inc.
Planned Capital Spending - February 2019

Combined U.S. & Canadian Industrial Spending Falls

RALEIGH, NC – March 4th, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending decreased in February showing $33.93 billion compared to January’s $63.33 billion. The research organization reported 188 planned U.S. and Canadian projects in February.

Planned U.S. project spending diminished by 32 percent in February with $24.96 billion in planned investment compared to the January total of $32.83 billion.

Canadian planned investment dropped to $8.98 billion in February from January’s $30.50 billion. Projects in both nations ranged in value from $1 million to $10 billion.

Process projects led U.S. spending with $15.06 billion in planned investment, followed by power and energy projects with $2.88 billion. Manufacturing projects reported $2.16 billion in planned U.S. spending.

In Canada, process projects led all markets with $5.12 billion in planned spending, while chemical projects accounted for $3.41 billion. Power and energy projects showed $221.6 million in planned investment.

Texas was the U.S. leader in planned investment for the month with $13.01 billion, followed by California with $1.57 billion and Louisiana with $1.38 billion.

In Canada, Alberta led the provinces and territories with $4.82 billion in planned spending. Saskatchewan reported $2.91 billion and Ontario reported $832 million.

Texas led the U.S. in project activity with 18 planned projects. Florida reported 10 projects and California had 11.

Saskatchewan led Canadian project activity with 10 planned projects. Alberta reported nine projects while British Columbia had seven.

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 February:

$30 Million Welding Equipment Plant, Design Phase

$44.2 Million Biopharmaceutical Facility, Planning Phase

$700 Million Power Plant Conversion, Planning Phase

$10 Million Milk Processing Plant, Planning Phase

$10 Million Natural Gas Pipeline, Planning Phase

$100 Million Monomer Plant, Starting Planning

North Dakota:
$50 Million Natural Gas-Fired Power Plant, Planning Phase

$150 Million Tire Plant, Starting Design

$200 Million NGL Pipeline & Pump Stations, Planning Phase

$11.3 Million Demonstration Petrochemical Plant, Planning Phase

$300 Million Tissue Mill, Planning Phase

$12.5 Million Data Center Upgrade, Design Phase

$840 Million Uranium Processing Facility & Mines, Planning Phase

South Carolina:
$10 Million Apparel Distribution Facility Expansion, Design Phase

$30 Million Cement Plant Upgrade, planning Phase

$750 Million Petroleum Refinery Expansion, Design Phase

$78 Million Frozen Vegetable Plant Upgrade & Expansion, Planning Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

Receive the Report Monthly by Email

This report is compiled and distributed monthly as a service of Industrial Reports Online, if you would like to receive the report monthly by email in the future, please click on the following link and then send the message, making sure that "Subscribe" is in the subject line:

Or you may call 1 800 235-2330, ext. 2