Industrial Reports, Inc.
Planned Capital Spending - February 2018

Combined U.S. & Canadian Industrial Spending Recovers

RALEIGH, NC –March 1, 2018

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending improved 27 percent in February compared to January. February spending for the two nations totaled $50.65 billion compared to January’s $39.76 billion. The research organization reported 252 planned U.S. and Canadian projects in February.

Planned U.S. project spending increased by 35 percent in February with $42.44 billion in planned investment compared to the January total of $31.29 billion.

Canadian planned investment dipped to $8.21 billion in February compared to $8.47 billion in January. Projects in both nations ranged in value from $500,000 to $6 billion.

Process projects led U.S. spending with $26.50 billion in planned investment, followed by manufacturing projects with $6.58 billion. Power and energy projects reported $6.43 billion in planned U.S. spending.

In Canada, process projects led all markets with $7.31 billion in planned spending. Manufacturing projects accounted for $497 million and power and energy projects showed $299 million.

Texas was the U.S. leader in planned investment for the month with $12.64 billion, followed by Indiana with $5.54 billion and Louisiana with $3.92 billion.

In Canada, British Columbia led the provinces and territories with $6.11 billion in planned spending. Québec reported $1.15 billion and Saskatchewan reported $639 million.

Texas was also the leader in U.S. project activity with 16 planned projects. New York reported 11 planned projects and Indiana, Kentucky and North Carolina each had 10.

Québec led Canadian project activity with eight planned projects. Ontario reported six 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
-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:

$553 Million Pulp & Paper Mill Upgrade, Design Phase

$26 Million Pharmaceutical Research Facility, Design Phase

$80 Million Data Center, Starting Design

$6.5 Million Wastewater Treatment Plant, Design Phase

$27.3 Million Distillery, Design Phase

$150 Million Petroleum Refinery Upgrade, Planning Phase

$150 Million MDI Production Expansion, Design Phase

$10 Million Waste-to-Energy Plant, Planning Phase

$19 Million Pet Food Plant, Planning Phase

$8 Million Auto Components Plant Expansion, Design Phase

$1 Billion Crude Oil Pipeline & Pump Station, Starting Design

$500 Million Combined-Cycle Power Plant, Planning Phase

$40 Million Cold Storage Facility Expansion, Planning Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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