Industrial Reports, Inc.
Planned Capital Spending - March 2017

Combined U.S. & Canadian Industrial Spending Falls 23 Percent

RALEIGH, NC –April 3, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending fell for the second consecutive month this year.  March spending for the two nations totaled $34.86 billion compared to February planned investment of $45.46 billion.  January planned capital spending was $128.23 billion.  The research organization reported 298 planned U.S. and Canadian projects in March.

Planned U.S. project spending dropped in March with $29.32 billion in planned investment compared to the February total of $41.84 billion.  Canadian planned investment improved to $5.54 billion in March from $3.62 billion in February.  Projects in both nations ranged in value from $700,000 to $2.8 billion.

Process projects led U.S. spending with $13.83 billion in planned investment, followed by power and energy projects with $10.47 billion.  Manufacturing projects reported $2.67 billion in planned U.S. spending.

In Canada, process projects led all markets with $4.66 billion in planned spending, while power and energy projects accounted for $673 million.

Texas led the U.S. with $6.43 billion in planned investment, followed by Kansas with $3.02 billion, and Oregon with $2 billion.

British Columbia was the Canadian spending leader with $2.15 billion in planned project investment for the month, followed by Yukon Territory with $1.05 billion and Ontario with $622 million.

Texas was the U.S. project activity leader in March with 19 planned projects, followed by New York with 17, and South Carolina with 15.

Alberta was the Canadian project leader with 12 projects, while Ontario reported 11, and British Columbia nine.

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 March:

British Columbia:
$49 Million Water Treatment Plant, Planning Phase

Indiana:
$24 Million Feed Mill, Planning Phase

Louisiana:
$3 Million Chemical Recycling Plant Expansion, Planning Phase

Massachusetts:
$100 Million Pharmaceutical Plant, Starting Planning

Michigan:
$515 Million Natural Gas-Fired Power Plant, Planning Phase

Minnesota:
$28 Million Cold Storage Facility, Planning Phase

Missouri:
$44 Million Frozen Foods Process & Distribution Facility, Starting Design

Ohio:
$10 Million Monomers Plant, Starting Design

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

Rhode Island:
$16.1 Million Polymer Compounds Distribution Facility, Planning Phase

Texas:
$450 Million Petroleum Refinery, Planning Phase

Virginia:
$75 Million Auto Components Plant, Design Phase

Washington:
$30 Million Paper Mill Retrofit, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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