Flowserve and Hydrogen Optimized signed a memorandum of understanding to advance green hydrogen production, with Flowserve supplying a SIHI Liquid Ring Compressor for a demonstration facility in Ontario.

Flowserve agreed to acquire Velan in an all-cash deal valued at about $245 million (C$329 million), including assumed debt. The transaction is expected to close by the end of the second quarter of 2023.

Oliver Valves was chosen by a Polish compressor manufacturer as main supplier of double block and bleed valves for the Woodfibre LNG export facility near Squamish, British Columbia. The supply covers stainless steel valves from 1/2 to 2 inches rated up to 1500lb.

Oliver Valves has secured a fixed three-year contract to supply valves to the Kaybob Duvernay project in Fox Creek, Alberta, Canada. Orders placed so far are worth over £500,000.

Oliver Valves was selected by a Polish compressor manufacturer as main supplier of double block and bleed valves for the Woodfibre LNG export facility near Squamish, British Columbia.

Unified Valve Group and VALWEST Equipment Ltd., operating as Process and Steam Specialties, have merged to form a single valve and steam equipment service business in Saskatchewan, Alberta, British Columbia and the Northwest Territories. The merger took effect on March 6, 2023.

Berry Global Group completed its acquisition of Canadian plastics maker Pro-Western Plastics Ltd. for $87 million in March 2023, according to a MarketScreener report published May 3, 2023.

Priya Industrie announced a new food processing, production, co-packing and packaging plant in Longueuil, Quebec, built with a C$19 million investment. Operations are scheduled to start in April 2023.

Anderson & Vreeland announced the acquisition of flexographic consumable assets from Grimco, a distributor of flexographic printing materials serving Canada.

Kruger Packaging announced investments of over C$30 million to modernize its Place Turcot Containerboard Mill in Montreal, making it the first in North America to produce 100% recycled saturating kraft board. The project is to be completed in 2025 and is supported by federal and Quebec government funding.

Flowserve agreed to acquire Canadian industrial valve maker Velan in an all-cash transaction valued at about $245 million (C$329 million), including equity and assumed debt. The deal is expected to close by the end of Q2 2023.

Xebec Adsorption sold substantially all assets of its British Columbia subsidiary Applied Compression Systems Ltd. to 1396905 B.C. Ltd. The announcement is dated 7 February 2023 and no value was disclosed.

Oliver Valves has secured a fixed three-year contract to supply a large range of valves to the Kaybob Duvernay project at Fox Creek, Alberta, Canada. Orders under the contract so far are worth over £500,000.

Canadian protective packaging maker Creopack acquired Emballages Montreal Express, a handling, packaging and storage services firm for oversized equipment, adding 35,000 sq ft of storage in Châteauguay, Quebec. The deal was announced on 16 January 2023.

Imaflex Inc. has selected Bandera U.S. to supply a 2400 3-layer SmartFlex line and a 2400 5-layer Barrier Flex line to increase capacity at its Victoriaville plant. The first line is scheduled to be installed and started up in Q1 2023.

Soucy Techno will increase its rubber production capacity by 50% and automate systems in Sherbrooke with $12 million from the governments of Canada and Quebec and Investissement Québec. The project will create 15 jobs by 2027 and keep 220 existing jobs.

Axius Water acquired Napier-Reid, an Ontario-based supplier of custom-engineered water and wastewater treatment systems, in Q1 2023.

Trioworld Group signed an agreement to acquire Malpack Ltd. (Canada) and Malpack Corp. (US), a North American maker of high-performance stretch film for transit packaging. The announcement was made on 30 December 2022.

Flowserve agreed to acquire Velan, a Montreal-based industrial valve maker, in an all-cash transaction valued at about $245 million including assumed debt. The deal is expected to close by the end of the second quarter of 2023.

Manitoba Hydro signed a contract with Siemens Canada to install up to twelve replacement generator circuit-breaker systems at its 1,220 MW Kettle Generating Station in Manitoba.

Sheen Legend Packaging received a C$2.5 million investment through the Jobs and Growth Fund for a new Cobourg, Ontario facility producing biodegradable plant-based packaging materials. The project will raise production capacity by 50%.

Tempo Flexible Packaging will receive C$3.5 million from FedDev Ontario's Business Scale-up and Productivity stream to expand its facility by 10,000 sq ft and increase production of recyclable food packaging.

Ferrero Canada will receive C$5 million from FedDev Ontario's Jobs and Growth Fund to increase capacity and further automate two main production lines in Brantford, Ontario, creating more than 100 skilled jobs.

TricorBraun acquired Merlot Packaging, a Vancouver maker and distributor of injection-moulded rigid closures, to expand in Canada. Financial terms were not disclosed.

Waterford, Ireland-based Schivo acquired APN Global and its subsidiary APN Inc., a Quebec maker of AFP valves, fittings and tubing for analytical instruments and minimally invasive surgical devices. The Quebec site will become Schivo's manufacturing centre of excellence.

Phoenix Asset Holdings, parent of Phoenix Energy Services, completed the share purchase of Rodfather Compression, a compression and mechanical service provider in Edson, Alberta, serving Western Canada.

Colin Chiu will be appointed Director of New Market Development, Plastics at CKF Inc. as part of the Packright acquisition.

Scotia Investments and CKF Inc. agreed to acquire Canadian thermoformed rPET packaging maker Packright Manufacturing, which becomes a wholly owned CKF subsidiary.

Sayona selected Solurail Logistique Inc. of Val-d'Or, Quebec, to transship and ship its lithium concentrate by rail after a tender for leasing 110 gondola cars. The contract is valued at approximately CAD 43 million, with operations expected to start in March 2023.

Loop Industries and L'Occitane en Provence unveiled a Almond Shower Oil bottle made with 100% recycled Loop PET resin from Loop's upgraded Terrebonne, Quebec facility, as a pilot on L'Occitane production lines.

Japan's EBARA Corporation acquired 100% of Hayward Gordon L.P., a Toronto-based maker of heavy-duty process pumps and mixers, expanding EBARA's North American presence. The deal value was not disclosed.

French packaging firm Autajon Group merged with Zapp Packaging, an Ontario folding carton manufacturer with about 100 employees, in a deal that closed September 15, 2022 on undisclosed terms.

NEXCAP Partners, a Quebec investment banking group, has acquired a majority share in Gecko Alliance Group, a pool and spa control systems and pumps manufacturer. Cofounders remain shareholders.

Coca-Cola Canada Bottling is investing C$34 million in its Lachine, Quebec manufacturing facility to add a new production line for canned beverages, expected operational in spring 2023.

Max Solutions acquired Ellis Group, a family-owned folding carton packaging manufacturer based in Pickering, Ontario, in September 2022. Terms were not disclosed.

A group of investors led by NEXCAP Partners, including Desjardins Capital, Fonds de Solidarité FTQ and Fondaction, has acquired a controlling interest in Quebec-based spa equipment maker Gecko Alliance Group. Co-founders remain shareholders and Georges Marchildon was named CEO.

Siemens Energy was selected as single solution supplier for the all-electric 2.1 mtpa Woodfibre LNG terminal near Squamish, British Columbia, covering main refrigeration compressor trains, motors, drives and transformers. The contract value was not disclosed.

Paper Excellence Group, through Domtar, agreed to acquire all outstanding shares of Resolute Forest Products for $20.50 per share plus a contingent value right tied to potential duty deposit refunds of up to $500 million. Resolute will remain a subsidiary operating under its own name.

BWXT Canada won a contract worth about CA$130 million from Bruce Power to fabricate and supply replacement feeders for reactor units 3, 4, 5, 7 and 8 in its Major Component Replacement project. Production starts in fall 2022 and runs to 2031.

Canadian packaging distributor Wolfpack Packaging Inc. has acquired Supreme Packaging, with the official announcement made on June 30, 2022, adding new leadership, supply chain and sales talent.

Wajax subsidiary Tundra Process Solutions acquired the valve business of Powell Canada Inc., which has 38 staff and facilities in Edmonton, Fort McMurray and Lloydminster, Alberta. The deal was announced on June 30, 2022.

Bailey International, owned by EBSCO Industries, announced the acquisition of Quebec-based hydraulic and pneumatic equipment maker Hydrolico International, which has facilities in Montreal and Walker, Michigan. The deal value was not disclosed.

Helios Technologies signed a definitive agreement to acquire the assets of Taimi R&D, a Canadian manufacturer of hydraulic swivel components, announced May 9, 2022. Terms were not disclosed and closing is expected in Q3 2022.

Montreal manufacturer Industries Gould won a contract to supply Metro's Selection private-label garbage, recycling and compost bags, about 4.5 million kg a year, after a tender.

AMD Medicom announced a new subsidiary, Manikheir Canada, to produce nitrile gloves in London, Ontario. The investment is over CAD 120 million and is expected to create 145 direct jobs, backed by an Ontario government purchasing commitment.

Hunt Valve Company acquired Quebec-based supplier Montreal Bronze Ltd., which becomes a division named MB Valve.

Canada Economic Development for Quebec Regions granted O-I Canada Corp. a repayable C$3.5 million contribution to modernize its Montréal glass container plant. The project adds digital production equipment to increase recycled glass use and diverts up to 75,000 tonnes a year from landfill.

Berlin Packaging announced on March 7, 2022 its acquisition of United Bottles & Packaging, a Quebec-based distributor of glass bottles and closures for food and beverage markets. All employees and locations will be retained.

Clearlake Capital Group agreed on March 8, 2022 to acquire Intertape Polymer Group in an all-cash deal at CDN$40.50 per share, valued at about US$2.6 billion including net debt. IPG will become privately held after completion.

Emerson expanded manufacturing capacity at its 63,000 sq ft Brantford, Ontario facility by adding production of AVENTICS pneumatic cylinders. The move shortens lead times for Canadian automation customers to one to five business days.