Industrial Reports, Inc.
Planned Capital Spending - April 2018

Small Decline in Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –May 1, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending slipped .78 percent in April compared to March. April spending for the two nations totaled $31.50 billion compared to March’s $32.28 billion. The research organization reported 254 planned U.S. and Canadian projects in April.

Planned U.S. project spending dropped by 29 percent in April with $19.60 billion in planned investment compared to the March total of $27.76 billion.

Canadian planned investment jumped to $11.90 billion in April from March’s $4.52 billion. Projects in both nations ranged in value from $500,000 to $7.5 billion.

Process projects led U.S. spending with $9.92 billion in planned investment, followed by power and energy projects with $3.82 billion. Manufacturing projects reported $2.25 billion in planned U.S. spending.

In Canada, process projects led all markets with $10.84 billion in planned spending. Power and energy projects accounted for $837 million and manufacturing projects showed $454 million.

Texas was the U.S. leader in planned investment for the month with $3.65 billion, followed by New Jersey with $1.58 billion and Michigan with $1.12 billion.

In Canada, Nova Scotia led the provinces and territories with $7.50 billion in planned spending. Alberta reported $1.65 billion and British Columbia reported $873 million.

Texas was the leader in U.S. project activity with 19 planned projects. North Carolina reported 16 planned projects and Michigan had 10.

Ontario led Canadian project activity with 13 planned projects. Alberta
reported 12 projects and British Columbia eight.

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 April:

$32.5 Million Industrial Wastewater Treatment Plant, Design Phase

$15.5 Million Pharmaceutical Plant, Planning Phase

$5.6 Million Glass Fabrication Plant Expansion, Design Phase

North Carolina:
$22.7 Million Cold Storage Warehouse, Design Phase

North Dakota:
$450 Million Crude Oil Refinery & Rail Terminal, Planning and Some Design

$175 Million NGL Pipeline & Pump Station, Planning Phase

$4 Million Cogeneration Plant Upgrade, Design Phase

$15 Million Lumber Mill, Design Phase

South Carolina:
$200 Million Combined-Cycle Power Plant, Starting Planning

$50 Million Copolymers Production Expansion, Planning Phase

$17 Million Food Ingredients Facility, 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