Industrial Reports, Inc.
Planned Capital Spending - October 2017

Big Jump in Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –November 6, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending improved dramatically in October compared to September. October spending for the two nations totaled $53.37 billion compared to September’s $22.5 billion. The research organization reported 262 planned U.S. and Canadian projects in October.

Planned U.S. project spending rocketed in October with $48.97 billion in planned investment compared to the September total of $19.68 billion. Canadian planned investment also surged with $4.40 billion in October compared to $2.82 billion in September. Projects in both nations ranged in value from $500,000 to $10 billion.

Process projects led U.S. spending with $16.15 billion in planned investment, followed by manufacturing projects with $14.77 billion. Power and energy projects reported $8.92 billion in planned U.S. spending.

In Canada, process projects led all markets with $2.13 billion in planned spending, while power and energy projects accounted for $67 million.

Texas led the U.S. in planned investment for the month with $12.33 billion, followed by Wisconsin with $10.09 billion and Pennsylvania with $3.17 billion

In Canada, British Columbia led the provinces and territories with $1.71 billion in planned spending. Québec showed $1.12 billion, while Yukon Territory showed $718 million.

Texas was the leader in U.S. project activity with 31 planned projects. New York reported 14 planned projects while Pennsylvania and South Carolina each reported 13.

Ontario led Canadian project activity with six planned projects. Alberta and British Columbia each reported four.

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 October:

British Columbia:
$150 Million Crude Oil Pump Stations & Terminal, Planning Phase

California:
$299 Million Peaking Power Plant, Planning Phase

Colorado:
$5 Million Wastewater Treatment Plant Upgrade, Starting Planning

Florida:
$1.2 Billion Combined-Cycle Power Plant, Planning Phase

Georgia:
$320 Pet Food Manufacturing & Distribution Facility, Planning Phase

Kentucky:
$9.5 Million Auto Components Distribution Facility, Design Complete

Louisiana:
$4 Billion LNG Plant, Planning Phase

Minnesota:
$13.1 Million Utility Equipment Plant Expansion, Starting Planning

Montana:
$150 Million CO2 Pipelines & EOR System Expansion, Planning Phase

New York:
$483 Million Data Center, Design Phase

Oklahoma:
$70 Million Natural Gas Processing Plant, Planning Phase

Ontario:
$36.2 Million Aircraft Components Production Expansion, Design Phase

South Carolina:
$1 Billion Auto Assembly Plant Expansion, Starting Planning

Texas:
$2.4 Billion Petrochemical Plants, Design Phase

Utah:
$70 Million Regenerative Medicine Facility, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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