Entergy Mississippi broke ground on the 754 MW Delta Blues Advanced Power Station in Greenville, Mississippi, a $1.2 billion investment. The combined-cycle plant is expected to begin operations in 2028.
Protech Group acquired the industrial coatings business and assets of Caldwell Chemical Coatings of Fayetteville, Tennessee. The acquisition strengthens Protech's presence in the industrial coatings market.
Girtz Industries broke ground on a new 13,000-square-foot facility in White County, Indiana, to meet surging demand for power generation solutions. The facility is expected to be completed in spring 2025 and will support increased staffing.
Velocity One, an aerospace manufacturing holding company backed by Charlesbank Capital Partners, signed a merger agreement to acquire EMCORE Corporation for $3.10 per share in cash. EMCORE will become a wholly owned subsidiary of Velocity One, joining Cartridge Actuated Devices and Aerosphere Power under the holding company.
Prodomax, a Jenoptik Group company, secured an order worth over €30 million from an existing customer for the turnkey design, construction and commissioning of four robot welding assembly lines in North America. The lines are for a new EV model of a North American car manufacturer, with delivery scheduled for mid-2024 and production start in early 2025.
Mattr Corp. announced a definitive agreement to acquire AmerCable from Nexans USA Inc. for US$280 million. The acquisition will enhance Mattr's highly engineered wire and cable capabilities in the U.S. market and is expected to close around year-end 2024.
FEDCO completed a comprehensive manufacturing upgrade project that doubled production capacity with a 17% increase in headcount, adding 8 new machines and implementing lean improvements.
CSW Industrials acquired PF Waterworks, LP, a manufacturer of drain management products, for $40 million. The deal was funded with cash on hand and is expected to be accretive to earnings in the first full year.
Luvata Ohio is expanding its manufacturing, office and warehouse space in Delaware, Ohio, by leasing a 128,000 sq. ft. factory and office. The expansion will add up to nearly 50 jobs over 10 years and includes $18 million in initial equipment spending for cold forming, machining and robotic automation to meet demand for EV components and electrical infrastructure upgrades.
Keel Holdings has completed a $34.5 million investment to expand its production capabilities at its Alma and Merrill, Michigan locations, including a 36,000-square-foot expansion at Merrill and new machinery such as a 4,400-ton press brake and five-axis machining centers.
Kirby Risk has acquired CIM SYSTEMS ROBOTICS to enhance its ability to deliver comprehensive turnkey robotic solutions, complementing its existing mechatronics portfolio.
Chugach Commercial Holdings, a subsidiary of Chugach Alaska Corporation, acquired H.V.A.C., LLC and Alaska Integrated Services, LLC, two mechanical contracting companies based in Fairbanks, Alaska.
Viant, formerly MedPlast Inc., acquired injection molder Knightsbridge Plastics.
SMG Group announced the acquisition of Hunter Foundry Machinery Corporation, a leader in matchplate molding machines and sand casting technology. The acquisition was finalized on July 24, 2024 at Hunter headquarters in Schaumburg, Illinois.
MACOM Technology Solutions acquired ENGIN-IC, a fabless semiconductor company designing GaN MMICs and integrated microwave assemblies for the US defense industry, located in Plano, Texas and San Diego, California.
The US Federal Aviation Administration awarded Indra a contract worth up to $244.3 million to renew its ground-air communications system, replacing analog radios with digital equipment. Indra will manufacture up to 46,000 radio devices at its Overland Park, Kansas facility.
The City of Belleview, Florida awarded a $26 million contract to Wharton-Smith, Inc. for the expansion of its wastewater treatment plant. The project will increase capacity from 1.0 MGD to 1.2 MGD, with construction starting in February 2025 and completion expected by June 2026.
374Water expanded into a new 3,500-square-foot Biosafety Level 1 laboratory in Morrisville, NC, more than tripling its treatment and testing capacity for its AirSCWO organic waste destruction technology. A second bench-scale reactor is expected online by end of 2024.
DL E&C installed the Loop Reactor at the Golden Triangle Polymers Project site in Orange County, Texas, USA. The project is a joint venture between Chevron Phillips Chemical and Qatar Energy to build a 2 million tonnes per year high-density polyethylene plant, scheduled for completion in 2026.
Foley Company acquired SALSCO, Inc., a turf maintenance equipment manufacturer based in Cheshire, CT, effective November 1, 2024.
Premier Aggregates and Ada Sand & Gravel combined their businesses to form Premier Aggregates Holdings, LLC, now the largest independent supplier of construction and landscape aggregates in southwest Idaho. The merger was announced on November 6, 2024.
Freudenberg-NOK Sealing Technologies announced that its subsidiary Corteco has acquired Seal Aftermarket Products (SAP) LLC, a Florida-based aftermarket company that sells automotive transmission kits and components.
Polyplex expects the expansion project at its Decatur, Alabama, production facility to start up in the first quarter of 2025. The site added a new BOPET line with an annual capacity of 50,000 tonnes and increased resin capacity from 58,000 to 86,000 tonnes.
Marotta Controls opened a new 10,000-square-foot facility in Chaska, Minnesota, to design, develop, and manufacture advanced brushless DC motors under the Motorfox brand. The facility supports the company's Control Actuation Systems for aerospace and defense applications.
ABB and Niedax Group have completed a 50/50 joint venture named Abnex to expand cable management solutions in North America. The JV will combine ABB's Installation Products Division with Niedax Group's capabilities.
Integrated Water Services, Inc. (IWS) announced the acquisition of Hi-Line Industries, a designer and manufacturer of custom-fabricated equipment based in Brenham, Texas. The acquisition aims to vertically integrate manufacturing capabilities for water treatment solutions.
Ecolab announced the acquisition of Barclay Water Management, a provider of water safety and digital monitoring solutions based in Newton, MA. The transaction closed on November 1, 2024. Barclay's 2023 sales were approximately $50 million.
Emerson Electric proposed to buy the remaining shares of AspenTech it does not own at a valuation of $15.1 billion, offering $240 per share in cash. Announced November 5, 2024.
Hidden Harbor Capital Partners acquired Norplex Micarta, a producer of high-performance thermoset composite materials, from Industrial Dielectrics Holdings on November 5, 2024. Terms were not disclosed.
Welspun Corporation received two orders worth $155 million for supply of helical submerged arc welded pipes to the US, announced on November 5, 2024.
Robertet has acquired Phasex Corporation, a US-based company specializing in supercritical CO2 extraction technology. The acquisition strengthens Robertet's presence in North America and expands its capabilities in natural ingredients for flavors and fragrances.
Aurora Flight Sciences, a Boeing subsidiary, is investing $43.8 million to expand its aerosystems production facility in Columbus, Mississippi. The project will add 50,000 square feet of new manufacturing space, refurbish 40,000 square feet, and create 63 new jobs.
SAKATA INX CORPORATION, through its U.S. subsidiary, established INX International Coatings and Adhesives Co. and acquired all businesses and related assets of Coatings & Adhesives Corporation, a North American coatings manufacturer with $86 million in revenue.
Voortman Steel Machinery, a Netherlands-based manufacturer of CNC steel processing machinery, plans to expand its operations in Monee, Illinois, with a $51.4 million investment. The project includes a 100,000-square-foot facility and is expected to create 51 jobs.
Magnum Venus Products says its new manufacturing center in Knoxville, Tennessee is fully operational after new equipment and upgraded production capacity were installed. The company is a family-owned manufacturer with over 85 years of history.
ABB signed an agreement to buy Aurora Motors, a provider of vertical pump motors sold in 30 countries, to strengthen its NEMA Motors Division. Financial terms were not disclosed and closing is expected before the end of 2024.
Emerson announced plans to repurchase approximately $2.0 billion of its common stock in fiscal year 2025, with about $1.0 billion expected in fiscal Q1.
Emerson proposed to acquire all AspenTech shares it does not already own for $240 per share in cash, after already holding about 57%. The proposal would make AspenTech a wholly owned subsidiary.
Toray acquired Gordon Plastics to expand its production and R&D of thermoplastic composites, including unidirectional composites tape manufacturing in Colorado.
Ryerson acquired Monroe, Conn.-based Production Metals, an aluminum, stainless, and specialty steel distributor, for an undisclosed sum. The acquisition marks Ryerson's entry into the aerospace sector.
Citroniq Chemicals selected Falls City, Nebraska for a bio-based polypropylene production mega-site. The estimated $7.5 billion investment will transform ethanol into bio-based polypropylene and is expected to be operational in 2029.
StarFish Medical, a North American medical device development company, has acquired Omnica Corporation, a California-based medical device design and engineering firm. The acquisition includes Omnica's 25,000-square-foot facility in Irvine, CA.
BWX Technologies has signed a purchase agreement to acquire L3Harris' Aerojet Ordnance Tennessee (A.O.T.) business for approximately $100 million. A.O.T. is a provider of advanced specialty materials and high-strength alloy manufacturing, including depleted uranium products.
JetZero finalized partnership agreements with Tier One suppliers, including BAE Systems, for key components of the Flight Control System on its full-scale blended wing body demonstrator. Test flights are scheduled to begin in 2027.
Volpara Health, a Lunit company, has secured a $7.3 million contract over five years with the U.S. Defense Health Agency to deploy its Patient Hub mammography reporting and risk assessment software across military health facilities.
Aero Accessories & Repair, a portfolio company of ATL Partners, has acquired Aero Instruments and Avionics, a provider of aerospace component MRO services. Terms were not disclosed.
SK Capital has completed its acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation. The business has been renamed Axillon Aerospace and is a provider of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace markets.
BorgWarner has secured contract extensions to supply EMOD and ESOF transfer cases for new vehicle launches in 2027 and 2028 with a major North American OEM.
Chemring Energetic Devices, a US subsidiary of Chemring Group, received an order valued at $106 million for the delivery of critical components for use in an undisclosed US missile programme. Deliveries will be over a five-year period commencing in 2026.
The U.S. Section of the International Boundary and Water Commission awarded a $600 million contract to PCL Construction and Stantec for the rehabilitation and expansion of the South Bay International Wastewater Treatment Plant in San Diego, doubling capacity to 50 MGD.