Industrial Reports, Inc.
Planned Capital Spending - December 2018

Combined U.S. & Canadian Industrial Spending Down 20 Percent

RALEIGH, NC –January 2, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending dropped in December showing $30.01 billion compared to November’s $37.18 billion. The research organization reported 169 planned U.S. and Canadian projects in December.

Planned U.S. project spending was down 18 percent in December with $26.02 billion in planned investment compared to the November total of $31.90 billion.

Canadian planned investment showed a decrease in December with $3.99 billion in spending, down from $5.28 billion in November. Projects in both nations ranged in value from $500,000 to $4.25 billion.

Process projects led U.S. spending with $10.27 billion in planned investment, followed by manufacturing projects with $8.93 billion. Power and energy projects reported $4.52 billion in planned U.S. spending.

In Canada, process projects led all markets with $3.19 billion in planned spending, while power and energy projects accounted for $600 million. Manufacturing projects showed $73 million in planned investment.

Louisiana was the U.S. leader in planned investment for the month with $5.57 billion, followed by Texas with $4.94 billion and Oklahoma with $2.30 billion.

In Canada, Ontario led the provinces and territories with $1.92 billion in planned spending. Saskatchewan reported $803 million and Alberta reported $616 million.

New York was the leader in U.S. project activity with 16 planned projects. Texas reported 11 planned projects and California had 10.

Alberta led Canadian project activity with eight planned projects. Québec reported four projects while Ontario and British Columbia each reported three projects.

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 December:

Arizona:
$1.75 Billion Steel Minimill, Planning Phase

British Columbia:
$103 Million Natural Gas Processing Plant Expansion, Design Phase

California:
$24.5 Million Nut Processing Facility Expansion, Design Phase

Florida:
$888 Million Combined-Cycle Power Plant, Planning Phase

Illinois:
$75 Million Data Center, Starting Design

Ohio:
$35 Million Pulp & Paper Mill Upgrade, Planning and Some Design

Oklahoma:
$2.25 Billion Hydroelectric Power Plant, Planning Phase

Ontario:
$1.4 Billion Gold Ore Processing Facility & Mines, Planning Phase

South Dakota:
$39.4 Million Pump Station Upgrade, Design Phase

Tennessee:
$30 Million Pharmaceutical Facility Upgrade, Planning and Some Design

Texas:
$12 Million Ammonium Hydroxide Plant, Starting Design

Vermont:
$5 Million Feed Mill Rebuild, Planning Phase

Washington:
$50 Million Home Improvement Products Distribution Facility, Planning Phase

Wyoming:
$16 Million Crude Oil Pipeline & Terminal Expansion, Planning Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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