Industrial Reports, Inc.
Planned Capital Spending - June 2018

13 Percent Upswing in Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –July 2, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending increased 13 percent in June compared to May with $49.44 billion in spending for the two nations. May’s planned investment showed $43.65 billion. The research organization reported 241 planned U.S. and Canadian projects in June.

Planned U.S. project spending improved by 12 percent in June with $40.54 billion in planned investment compared to the May total of $36.06 billion.

Canadian planned investment also rose from $7.59 billion in May to $8.90 billion in June. Projects in both nations ranged in value from $1 million to $13 billion.

Power and energy projects led U.S. spending with $17.25 billion in planned investment, followed by process projects with $15.84 billion. Manufacturing projects reported $5.11 billion in planned U.S. spending.

In Canada, process projects led all markets with $7.63 billion in planned spending. Power and energy projects accounted for $815 million and manufacturing projects showed $458.5 million.

Alabama was the U.S. leader in planned investment for the month with $15.02 billion, followed by Texas with $7.46 billion and South Dakota with $1.45 billion.

In Canada, Saskatchewan led the provinces and territories with $3.16 billion in planned spending. Alberta reported $2.06 billion and Ontario reported $1.25 billion.

Texas was the leader in U.S. project activity with 26 planned projects. North Carolina reported 10 planned projects and Indiana had nine.

British Columbia led Canadian project activity with seven planned projects. Alberta reported six projects and Saskatchewan had 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:

$1 Billion Natural Gas Pipelines & Compressor Station Expansions, Planning Phase

$250 Million Data Center, Starting Design

$20 Million Candy Distribution Center, Starting Planning

$600 Million Combined-Cycle Power Plant, Starting Planning

$15 Million Meat Processing Expansion, Planning and Some Design

$50 Million Auto Components Plant, Design Phase

$270 Million Natural Gas Pipeline System Capacity Expansion, Starting Planning

$25 Million Bulk Products Terminal, Starting Planning

$28 Million Window & Door Plant, Design Phase

$110 Million Gold & Silver Ore Processing Facility & Mine, Planning Phase

Rhode Island:
$160 Million Biopharmaceutical Plant, Design Phase

South Dakota:
$12 Million Animal Feed Mill, Design Phase

$1.2 Billion Crude Island Pipeline & Pump Station, Starting Planning

$25 Million Activated Carbon Plant Expansion, Design Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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