Industrial Reports, Inc.
Planned Capital Spending - January 2017

Combined U.S. & Canadian Industrial Spending Rallies

RALEIGH, NC –February 1, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending shot up in January compared to December.  Spending for the two nations totaled $128.23 billion compared to December planned investment of $57.08 billion.  The research organization reported 283 planned U.S. and Canadian projects in January.

Planned U.S. project spending skyrocketed in January with $114.33 billion in planned investment compared to the December total of $42.26 billion.  Canadian planned investment slipped six percent from $14.82 billion in December to $13.90 billion in January.  Projects in both nations ranged in value from $500,000 to $55 billion.

Process projects led U.S. spending with $75.16 billion in planned investment, followed by manufacturing projects with $25.25 billion.  Power and energy projects reported $12.13 billion in planned U.S. spending.

In Canada, power and energy projects led all markets with $9.97 billion in planned spending, while process projects accounted for $2.81 billion.

Alaska led the U.S. with $61.06 billion in planned investment, followed by Texas with $8.21 billion, and Pennsylvania with $7.77 billion.

New Brunswick was the Canadian spending leader with $3.25 billion in planned project investment for the month, followed by Ontario with $3.03 billion and Manitoba with $1.24 billion.

Pennsylvania was the U.S. project activity leader in January with 18 planned projects, followed by North Carolina with 17, and Texas with 16.

British Columbia was the Canadian project leader with 11 projects, while Ontario reported nine, and Alberta 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
-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 January:

Alaska:
$6 Billion Gold, Copper and Molybdenum Mine, Planning Phase

Alberta:
$5 Million Grain Elevator, Planning Phase

California:
$15 Million Cold Storage & Distribution Center, Starting Planning

Iowa:
$96.3 Million Pharmaceutical Research Facility, Design Phase

Louisiana:
$20 Million NGL Terminal, Planning Phase

New Hampshire:
$16 Million Water Bottling Plant, Starting Planning

New Mexico:
$20 Million Natural Gas Gathering System & NGL Pipeline, Design Phase

North Carolina:
$29 Million Water Treatment Plant, Design Phase

North Dakota:
$12 Million Data Center, Planning Phase

Ohio:
$55 Million Methanol & Methylate Plants, Design Phase

Pennsylvania:
$80 Million Steel Mill Upgrade, Design Phase

Texas:
$80 Million Crude Oil Pipelines, Planning Phase

Virginia:
$1.6 Billion Combined-Cycle Power Plant, Planning Phase

Washington:
$10 Million Electrical Substation, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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