Industrial Reports, Inc.
Planned Capital Spending - April 2017

Healthy Increase in Combined U.S. & Canadian Industrial Spending

RALEIGH, NC –May 1, 2017

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending climbed 47 percent in April compared to March.  April spending for the two nations totaled $51.27 billion compared to March’s $34.86 billion. The research organization reported 254 planned U.S. and Canadian projects in April.

Planned U.S. project spending rebounded in April with $36.24 billion in planned investment compared to the March total of $29.32 billion.  Canadian planned investment improved to $15.03 billion in April from $5.54 billion in March.  Projects in both nations ranged in value from $1 million to $6.7 billion.

Process projects led U.S. spending with $14.39 billion in planned investment, followed by power and energy projects with $10.67 billion.  Manufacturing projects reported $8.30 billion in planned U.S. spending.

In Canada, process projects led all markets with $13.54 billion in planned spending, while power and energy projects accounted for $722 million.

Texas led the U.S. with $8.24 billion in planned investment, followed by Alabama with $3.66 billion, and Georgia with $3.21 billion.

British Columbia was the Canadian spending leader with $7.97 billion in planned project investment for the month, followed by Saskatchewan with $3.40 billion and Québec with $1.54 billion.

Texas was the U.S. project activity leader in April with 24 planned projects, followed by Indiana and Ohio, each with 15, and Pennsylvania with 12.

British Columbia was the Canadian project leader with nine projects, while Alberta reported seven and Saskatchewan reported six.

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:

$20 Million Specialty Chemical Plant Expansion, Planning Phase

British Columbia:
$6.75 Billion LNG Export Terminal, Planning Phase

$1.2 Billion Combined-Cycle Power Plant, Design Phase

$80 Million Auto Components Plant, Planning Phase

$150 Million Copper Mines, Planning Phase

New Jersey:
$100 Million Pharmaceutical Plant, Planning Phase

New York:
$4 Million Meat Packing Plant Expansion, Planning Phase

Nova Scotia:
$100 Million Spacecraft Launch Facility, Planning Phase

$6 Million Wastewater Treatment Plant Upgrade, Starting Design

$10 Million Cold Storage Facility, Starting Planning

South Dakota:
$165 Million Peaking Power Plant, Planning Phase

$450 Million Petroleum Refinery, Starting Planning

$11 Million Seafood Processing Plant, Planning Phase

Planned Capital Spending

Planned Investment Chart

Planned Capital Projects

Project Activity

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