Daimler Truck North America announced a $285 million investment at its Detroit Diesel subsidiary to modernize the plant and expand it to manufacture electric components for medium and heavy-duty electric trucks.

Nelson Manufacturing will undertake a multi-million dollar investment for a new 73,000 square-foot facility in Ottawa, Ohio, for grit blasting, painting and assembly. The expansion will create 18 new jobs.

Gentex Corporation has signed a definitive agreement to acquire VOXX International Corporation in an all-cash transaction for $7.50 per share. The deal is expected to close in the first quarter of 2025, subject to shareholder and regulatory approvals.

MEB has won 5 out of 5 phases pursued for the Nutrient Reduction Project at the South Central Wastewater Authority (SCWWA) in Virginia, originally bid in 2022 with an estimated cost of $234 million. The project includes sludge conditioning, electrical upgrades, pump station construction, clarifier replacement, and BNR tank expansion.

STS Metals, a portfolio company of Tinicum, has acquired Valley Forge, a manufacturer of custom forged products in titanium and specialty alloy steels for aerospace, defense and space industries. Valley Forge operates in Azusa, California.

BCNonwovens has acquired 100% of Atex USA from EOS Investment Management Group.

Quanterix agreed to acquire magnetic bead technology developer EMISSION for up to $70 million, including $10 million cash upfront, $10 million in technical milestones, and up to $50 million in performance-based earnouts. The deal is expected to close in January 2025.

Hyster-Yale Materials Handling announced plans to expand its American manufacturing to produce BABA-compliant high-capacity electric forklift trucks and container handling equipment. The company will determine the optimal US production location and expand domestic sourcing.

Frequency Electronics was awarded several contracts totaling approximately $11 million to supply precision quartz oscillators, synthesizers, and receivers for aerospace programs. Deliveries are scheduled through 2026.

TG Missouri, a division of Toyoda Gosei, announced a $97 million expansion of its Perryville, Missouri facility over three years, adding new equipment and automation. The company will maintain at least 1,600 full-time jobs.

Palm Beach County approved Hoerbiger Corp. of America's plan for a 197,000-square-foot, $60 million manufacturing facility on 23 acres west of Delray Beach, where more than 400 people are expected to work 24 hours a day.

GKN Aerospace opened a new 162,000-square-foot repair solutions facility in El Cajon, California, relocating 300 employees and planning to hire 50 more. The company invested about $55 million in construction and machinery.

Sanctuary Systems, LLC will create 118 jobs at a new facility in Fremont, North Carolina, with a capital investment of $4.9 million. The company develops fiber technology and nonwoven materials for health, medical, filtration and thermal insulation products.

ALU Materials, a subsidiary of ALUKO Group, will invest $36 million to renovate an existing facility in Madison County, Tennessee, to manufacture aluminum battery casings for Ford's Blue Oval City, creating 55 jobs.

BTX Precision completed the acquisition of A-1 Jay's Machining, A-1 Jay's Sheet Metal, Inotech Laser, Bay Area Grinding and Silicon Valley Precision Cleaning from the Machathil family in San Jose, California.

The U.S. Commerce Department finalized $406 million in government grants to Taiwan's GlobalWafers to increase production of silicon wafers in the United States. The funds will support nearly $4 billion in investments for new facilities in Sherman, Texas, and St. Peters, Missouri, creating 1,700 construction and 880 manufacturing jobs.

Kongsberg Automotive has secured a contract worth over EUR 25.5 million in estimated lifetime revenue from a major global EV manufacturer for production of air suspension lines. Production will involve hose manufacturing at its Suffield, US plant and assembly at its Ramos Arizpe, Mexico plant.

Kongsberg Automotive has secured a five-year contract worth over EUR 25.5 million in estimated lifetime revenue from a major global EV manufacturer for nylon air suspension lines and connectors, with hose manufacturing at its Suffield, USA plant and assembly at its Ramos Arizpe, Mexico plant.

Plaskolite announced an $11.9 million expansion at its Zanesville, Ohio facility, creating 38 new jobs and increasing production capacity by 85%.

TriStar Digital Thread Solutions has acquired New Vision, a PTC system integration and consulting firm. The acquisition aims to expand TriStar's capabilities in digital thread solutions.

Post Holdings has agreed to acquire Potato Products of Idaho (PPI), a manufacturer of refrigerated and frozen potato products, including a facility in Rigby, Idaho. The deal is expected to close in Q1 2025.

Bell Textron will add an additional aircraft manufacturing center in Fort Worth, Texas, to support the US Army's FLRAA program, creating over 400 jobs with a $429 million capital investment.

South Korea-based ALUKO Group will locate its first US manufacturing facility in Jackson, Tennessee, to produce aluminum battery casings for Ford's BlueOval City, creating 55 jobs with a $36.3 million investment.

Power Grid Components (PGC), a Blackstone portfolio company, acquired Elliott Industries Inc., a maker of custom electrical equipment for utilities and OEMs, based in Bossier City, Louisiana.

Per sources cited by PE Hub, private equity firm May River Capital plans to launch a sale of wastewater pump manufacturer Industrial Flow Solutions in early 2025, with Baird as sell-side adviser. No deal value has been confirmed.

The Shyft Group and Aebi Schmidt Group announced a proposed merger on December 16, 2024. The combined company is projected to have 2028 pro forma revenue of $2.7 billion and adjusted EBITDA of $315 million.

NOVONIX received a conditional commitment for a $755 million loan from the U.S. Department of Energy to build a synthetic graphite manufacturing plant in Chattanooga, Tennessee, with initial capacity of 31,500 tonnes per annum, creating 450 operational jobs.

Pacific Manufacturing is expanding in Fairfield, Ohio, by purchasing and doubling the square footage of a new building on its campus. The expansion will create 96 new jobs and add $4.7 million in annual payroll.

Universal Tank & Fabrication plans a $7 million expansion in Dubuque, Iowa, adding a 28,000-square-foot facility and creating 15 new manufacturing jobs. The project aims to increase capacity and streamline production of custom pressure vessels and tanks.

Fengate Asset Management acquired a 50% interest in Freeport Power Limited, owner of a 440-megawatt cogeneration facility in Texas. The facility provides power and steam to Dow's Freeport chemical complex.

Tempcraft Corporation, a subsidiary of Howmet Aerospace, is expanding its ceramic core die operations in Brecksville, Ohio. The $17 million investment will create 60 jobs and retain 240 jobs, with operations expected to begin in Q2 2025.

Portuguese packaging manufacturer Intraplás announced a new production plant in Van Wert, Ohio, with a total investment of around €40 million. The plant will use extrusion, thermoforming and printing technology, is scheduled to start operations in summer 2025, and will create more than 50 local jobs.

Mitsubishi Electric is investing $143 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production expected from October 2027 and an estimated capacity of 1,000,000 compressors per year. The US Department of Energy awarded $50 million to MELCO HVAC US for the project.

Bell Textron Inc. announced a new 447,000 sq. ft. factory in the Denton County region of Fort Worth, Texas, dedicated to component manufacturing for the U.S. Army's Future Long Range Assault Aircraft (FLRAA). Facility readiness for Low-Rate Initial Production is planned by 2028.

Plibrico celebrated the grand opening of its new state-of-the-art refractory production facility in Oak Hill, Ohio. The facility expands production capacity and enhances operational efficiency for the refractory industry.

Geringhoff, an agricultural equipment manufacturer, is planning a $3.92 million, 40,500-square-foot addition to its facility in St. Cloud, Minnesota. The expansion will provide additional capacity and is expected to be completed in spring 2025.

PSI Industries is adding 45,000 square feet to its aluminum extrusion facility in Olney, Texas. The expansion will boost production capacity and create at least 50 new jobs.

Burlington Apparel Fabrics received a maximum $40,720,683 firm-fixed-price contract from the Defense Logistics Agency for poly wool tropical cloth (blue shade 3346). The four-year contract was awarded on 13 December 2024.

Chemours has signed an agreement with PCC GulfChem, a subsidiary of PCC SE, to build a $540 million chemical plant at its titanium dioxide site in DeLisle, Mississippi. The facility will produce chemical feedstocks, specialty chemicals, silicon and silicon derivatives, creating at least 84 jobs.

Broshuis B.V. has received an order for 557 Medium Equipment Trailers (METs) for the US Department of Defence, with a total value of $341.2 million. The trailers will be delivered between 2026 and 2031, in collaboration with Oshkosh Defense LLC.

BENTELER Group is building a new automotive plant in Wyoming, Michigan, to manufacture battery trays and other metal components for electric vehicles for a US automaker. Production is scheduled to begin in 2026, creating around 150 jobs.

The U.S. Department of Commerce and Bosch signed a preliminary memorandum of terms for up to $225 million in CHIPS Act funding to expand Bosch's silicon carbide device factory in Roseville, California. The expansion will increase production capacity to over 40% of U.S.-based SiC manufacturing and create up to 700 manufacturing jobs.

TekniPlex Consumer Products opened a 200,000-square-foot specialty molded fiber facility in Van Wert, Ohio, representing a $40 million investment. The company plans to hire at least 100 people at the plant, its eighth specialty molded fiber plant.

Mitsubishi Electric established MELCO HVAC US, Inc. under its US holding company to convert a Mitsubishi Electric Automotive America plant in Maysville, Kentucky into a compressor factory. The investment is about $143.5 million, with production planned to start in October 2027 at a capacity of 1 million units per year.

Mitsubishi Electric will invest US$143.5 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production targeted for October 2027 and initial annual capacity of 1,000,000 compressors. The U.S. Department of Energy is providing a $50 million award.

Symbotic announced it has completed the acquisition of OhmniLabs, a Silicon Valley-based robotics solutions innovator for healthcare. No financial terms were disclosed.

Boeing announced plans to spend $1 billion to support increased production of its 787 Dreamliner widebody jets at its South Carolina facility.

JMA Wireless received a nearly $44 million federal grant from the CHIPS and Science Act to expand its research and manufacturing operations in Syracuse, New York. The company will invest $75 million to open a new production line and expand testing capabilities, creating 30 initial jobs with potential for more.

Daimler Truck North America announced a $285 million investment in its Detroit Manufacturing Plant in Redford Township, Michigan, to modernize the facility, support internal combustion engine production, and enhance R&D. The project is expected to create over 400 new jobs.

Sika Emseal announced the addition of a new expansion joint manufacturing plant at 23 Bridle Lane in Westborough, MA, adjacent to its existing facility. The expansion will increase production capacity and integrate the Wabo product line.