Industrial Reports, Inc.
Planned Capital Spending - April 2019

Upswing in Combined U.S. & Canadian Industrial Spending

RALEIGH, NC – May 1st, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending climbed 11 percent in April with $34.67 billion compared to March’s $31.16 billion. Projects in both nations ranged in value from $1 million to $5.5 billion. The research organization reported 201 planned U.S. and Canadian projects in April.

Planned U.S. project spending nudged down half a percent in April with $24.43 billion in planned investment, compared to the March total of $25.83 billion. U.S. spending was composed of $11.58 billion in planned investments, mostly for process projects, followed by $10.26 billion for manufacturing projects and $1.82 billion for power and energy projects. Louisiana was the U.S. leader in planned investment for the month with $3.10 billion, followed by Michigan with $2.88 billion and Minnesota with $2.50 billion. The majority of U.S. project activity was in Indiana and North Carolina, each with 13 planned projects reported. There were nine projects reported in Michigan and eight each reported in Pennsylvania, New York and Texas.

Canadian planned investment almost doubled to $10.24 billion in April from March’s $5.33 billion. Process projects also led all markets with $9.68 billion reported in planned spending, followed by $394 million for power and energy projects and $116 million for distribution projects. British Columbia led the provinces and territories with $8.16 billion in planned spending. We reported $521 million in planned spending in Ontario, while Nova Scotia followed with $450 million. The majority of Canadian project activity was in British Columbia, with 14 planned projects reported. There were six projects each reported in Alberta and Ontario while Québec 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 April:

California:
$150 Million Desalination Plant, Starting Planning

Arizona:
$100 Million Beverage Canning Plant, Starting Design

British Columbia:
$20 Million Combined Heat and Power Plant, Planning Phase

Florida:
$400 Million Battery Energy Storage Facility, Planning Phase

Florida:
$62 Million Flour Mill, Design Phase

Indiana:
$11 Million Plastic Components Plant Expansion, Starting Planning

Kentucky:
$10 Million Biopolymer Production Expansion, Planning Phase

Louisiana:
$3 Billion LNG Export Terminal, Planning Phase

Massachusetts:
$12 Million Biopharmaceutical Facility, Design Phase

Nevada:
$35 Million Tool Distribution Facility, Design Phase

New York:
$200 Million Cannabis Processing Complex, Planning Phase

North Dakota:
$20 Million Crude Oil Pipeline & Pump Stations, Design Phase

Ohio:
$36 Million Auto Components Plant, Design Phase

Ontario:
$60 Million Lithium Processing Plant, Planning Phase

Texas:
$70.5 Million Natural Gas Pipeline & Compressor Station Upgrades, Starting Design

Virginia:
$60 Million Cold Storage Facility, Design Phase

Wyoming:
$8 Million Railcar Maintenance Facility Expansion, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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