Industrial Reports, Inc.

 

Planned Capital Spending - November 2019

Combined U.S. & Canadian Industrial Spending Improves 10 Percent

RALEIGH, NC

December 2, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending gained 10 percent in November to $26.45 billion compared to October’s $23.96 billion. Projects in both nations ranged in value from $1.1 million to $8 billion. The research organization reported 183 planned U.S. and Canadian projects in November.

Planned U.S. project spending fell in October with $15.01 billion in planned investment compared to the October total of $19.33 billion. U.S. spending was mostly composed of $7.27 billion in planned investment for process projects, followed by $4.32 billion for power and energy projects and $2.97 billion for manufacturing projects. Texas was the U.S. leader in planned investment for the month with $3.76 billion, followed by Idaho with $1.10 billion and Pennsylvania with $993 million. The majority of U.S. project activity was also in Texas which had 17 planned projects reported, followed by North Carolina with ten projects, and California with nine.

Canadian planned investment rose sharply with $11.44 billion in November compared to October’s $4.63 billion. Process projects also led all Canadian markets with $9.73 billion reported in planned spending, followed by $1.67 billion for power and energy projects. Alberta led the provinces and territories with $10.1 billion in planned spending. We reported $522 million in planned spending in British Columbia while Newfoundland and Labrador followed with $364 million. The majority of Canadian project activity was in Alberta with eight planned projects reported. There were five projects reported in British Columbia and three in Ontario.

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 November:

Alabama:
$43.5 Million Automotive Reconditioning & Inspection Facility, Planning Phase

Arkansas:
$150 Million Steel Processing Facility, Planning Phase

Arizona:
$20 Million Ammunition Plant Expansion, Planning and Some Design

British Columbia:
$350 Million Coal Processing Facility & Mines, Planning Phase

California:
$37.5 Million Petroleum Refinery Upgrade, Planning Phase

Georgia:
$400 Million Tissue Mill Expansion, Planning and Some Design

Kansas:
$100 Million Catalyst Plant Expansion, Planning Phase

Massachusetts:
$55 Million Biopharmaceutical Plant Expansion, Design Phase

Nebraska:
$40 Million Wastewater Treatment Plant, Planning Phase

New Brunswick:
$60.6 Million Potato Plant Expansion, Planning Phase

New Mexico:
$162 Million Natural Gas-Fired Power Plant, Design Phase

Oregon:
$112 Million Natural Gas Compressor Station Upgrades, Planning Phase

Texas:
$125 Million Crude Oil Pipeline & Pump Station, Starting Planning

Virginia:
$200 Million Peaking Power Plant, Planning Phase

Washington:
$400 Million Hydroelectric Power Plant, Design Phase

Wisconsin:
$55 Million Grocery Fulfillment Center, Design Phase

Wisconsin:
$100 Million Egg Production & Processing Facility, Planning Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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