Industrial Reports, Inc.

 

Planned Capital Spending - September 2019

Combined U.S. & Canadian Industrial Spending Bounces Back

RALEIGH, NC

October 1, 2019

Research by Industrial Reports, Inc. shows combined U.S. and Canadian planned capital spending rebounded in September to $36.32 billion compared to August’s $28.28 billion. Projects in both nations ranged in value from $1.5 million to $8 billion. The research organization reported 152 planned U.S. and Canadian projects in September.

Planned U.S. project spending fell in September with $18.91 billion in planned investment compared to the August total of $21.64 billion. U.S. spending was mostly composed of $11.21 billion in planned investment for process projects, followed by $4.72 billion for power and energy projects and $1.61 billion for manufacturing projects. Texas was the U.S. leader in planned investment for the month with $5.85 billion, followed by Nevada with $1.74 billion and Alabama with $1.32 billion. The majority of U.S. project activity was in Texas which had 19 planned projects reported, followed by Alabama and New York, each with eight projects. Nevada and Ohio reported six projects each.

Canadian planned investment showed great improvement with $17.41 billion in September compared to August’s $6.64 billion. Process projects also led all Canadian markets with $16.39 billion reported in planned spending, followed by $631 million for power and energy projects. British Columbia led the provinces and territories with $8.01 billion in planned spending. We reported $2.55 billion in planned spending in Alberta while Newfoundland and Labrador followed with $1 billion. The majority of Canadian project activity was in Ontario with nine planned projects reported. There were five projects reported in Alberta and four in Saskatchewan.

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 September:

Alabama:
$835 Million Combined-Cycle Power Plant, Starting Design

British Columbia:
$5 Million Water Pump Station, Planning Phase

Florida:
$8.6 Million Cold Storage Facility Expansion, Starting Design

Louisiana:
$332 Million Resin Plant Expansion, Planning Phase

Manitoba:
$48.4 Million Protein Products Facility, Design Phase

Massachusetts:
$25 Million Pharmaceutical Production Expansion, Design Phase

Minnesota:
$38 Million Food & Retail Products Distribution Facility, Design Phase

Nevada:
$1.3 Billion Molybdenum Processing Facility & Mine, Design Phase

North Dakota:
$10 Million Natural Gas Gathering System Expansion, Design Phase

Northwest Territories:
$11 Million LNG-Fired Power Plant, Starting Planning

Ohio:
$15 Million Auto Components Plant Expansion, Design Phase

Oklahoma:
$1.3 Billion Urea Plant Expansion, Planning Phase

Texas:
$55 Million Grocery Fulfillment Center, Design Complete

Texas:
$1 Billion Renewable Diesel Plant, Starting Planning

Washington:
$300 Million Paper Mill Upgrade, Design Phase

Wisconsin:
$58 Million Meat Processing Plant, Design Phase

Wyoming:
$450 Million Crude Oil Pipeline & Pump Stations, Design Phase


Planned Capital Spending

Planned Investment Chart


Planned Capital Projects

Project Activity


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