CPS Technologies Corp. received a $12 million award from a major semiconductor OEM to provide power module components and related solutions. Deliveries are scheduled over twelve months starting October 2024.

Voortman Steel Machinery, a Netherlands-based manufacturer of CNC steel processing machinery, is building a $51.4 million, 100,000-square-foot production facility in Monee, Illinois. The first phase is expected to be completed within 12-18 months, with plans for future expansions up to 400,000 square feet.

Koops Automation Systems, a leader in custom automation solutions, is expanding its Greenville County, South Carolina facility with a multimillion-dollar investment, creating new jobs. The expansion will move operations from a leased 45,000-square-foot facility to a larger space.

Electro-Mechanical LLC is investing $16.55 million to expand into a 200,000-square-foot facility in the Bristol-Washington County Industrial Park, Virginia, creating 109 jobs. The expansion will enhance production of switchgears and other electrical apparatus.

Mill Point Capital LLC announced the formation of Voltaris Power LLC, created by acquiring two entities: Pioneer Custom Electrical Products and Jefferson Electric. Voltaris will focus on custom engineered electrical power solutions.

SKF has signed an agreement to divest its ring and seal operation in Hanover, Pennsylvania, USA, to Carco PRP Group through its US aerospace subsidiary PCTI, for a total enterprise value of USD 220 million. The divestment is expected to close during the first quarter of 2025.

ABB began the phased opening of a new $100 million campus in New Berlin, Wisconsin, to increase U.S. production capacity of industrial electric drives. The facility features geothermal heating and modern HVAC systems.

Cast Products Incorporated (CPI) started construction of a 30,000-square-foot building in Limestone County, Alabama, which will create 14 jobs. The project is being built by Premier Structures Incorporated.

Power Services Group opened a new 65,000 sq. ft. steam turbine repair facility at its Gainesville, Georgia campus in October 2024. The expansion doubles operations and includes state-of-the-art repair equipment and R&D capabilities.

CECO Environmental has agreed to acquire Profire Energy, a provider of burner management and combustion control systems, in an all-cash transaction valued at $125 million.

Faymonville Group selected Little Rock, Arkansas for its first U.S. production facility, investing over $100 million and creating 500 jobs. The 54-acre site will be built in phases, starting with 409,000 sq ft.

TIGHITCO, Inc. announced that its TIGHITCO Latin America division received a multi-year follow-on agreement from Boeing Commercial valued at $82 million. The contract covers thermal insulation safety products, sheet metal assemblies, and spares for multiple Boeing aircraft models through 2028.

Tadano Ltd. entered into a definitive merger agreement to acquire Manitex International, a holding company for lifting equipment brands, for $223 million including debt. The transaction is expected to close in Q1 2025.

SLB OneSubsea was awarded an EPC contract by bp for a subsea boosting system for the Kaskida project in the deepwater U.S. Gulf of Mexico, including a high-pressure subsea pump solution with integrated power and controls umbilical.

Konecranes will supply a customized 125-ton hoist crane and overhead crane to TerraPower's Natrium Reactor Demonstration Plant in Wyoming, ordered by Bechtel in June 2024, with delivery and installation planned for autumn 2025.

Standex International acquired US-based Amran Instrument Transformers and India-based Narayan Powertech in separate cash-and-stock transactions with a combined enterprise value of approximately $462 million, expanding its electrical grid market presence.

ACTEGA, a specialty coatings manufacturer, is establishing a new 238,000-square-foot facility in Kings Mountain, North Carolina, consolidating four existing premises. The facility is expected to be fully completed in 2025 and will house ink technology development and production for flexible and metal packaging.

Beehive Industries received a $12.46M contract to develop a 200 lb. thrust class small expendable turbine engine using additive manufacturing, with work in Cincinnati, Denver, and Knoxville.

Uniphase, LLC acquired Janler Corporation, a tool builder and mold maker based in Chicago, IL, on October 29, 2024. The acquisition strengthens Uniphase's capabilities in plastics injection molding.

Bondex, a technical nonwoven manufacturer, is expanding its Edgefield County, South Carolina operations with an $18.8 million investment that will create 13 new jobs. The expansion includes a new needlepunch line and increased production capacity at its facility in Trenton.

Trelleborg Sealing Solutions signed an agreement to acquire CRC Distribution, a US specialist distributor of polymer seals based in Robertsdale, Alabama, with annual external sales of about SEK 170 million. Completion is expected in Q1 2025.

bp awarded SLB's OneSubsea joint venture an EPC contract for a subsea boosting system with high-pressure subsea pump for the Kaskida greenfield project in the deepwater US Gulf of Mexico.

Fiberglass Coatings, LLC completed the acquisition of McKinnon Materials, a Tampa-based manufacturer of industrial and residential epoxy coatings and flooring systems.

Aqua-Aerobic Systems and METAWATER Co. Ltd. announced a merger agreement on October 28, 2024. The merger will place Aqua-Aerobic, including its subsidiary Mecana Umwelttechnik, under METAWATER USA INC.

Warsaw Chemical acquired the Magic Finish Premium Car Care brand of car wash chemicals and auto detail products from Cul-Mac Industries. The acquisition strengthens Warsaw's product line in the car wash industry.

ZOLL Medical Corporation, an Asahi Kasei company, completed its acquisition of Itamar Medical Ltd. for $31 per ADS in cash, making Itamar a business division within ZOLL.

The U.S. Navy awarded Amentum a $490 million contract to provide contractor logistics support for the T-54A Multi Engine Training System, replacing the aging T-44C aircraft.

Mitsubishi Electric Power Products Inc. (MEPPI) announced an $86 million investment to construct a new 160,000-square-foot Advanced Switchgear Factory in Western Pennsylvania. The factory will initially produce vacuum and gas circuit breakers, and is expected to employ over 200 workers at full capacity.

Applied Dynamics International (ADI) was selected by MxD to lead the design and installation of an Integrated Open Process Automation (OPA) Testbed at the MxD factory floor in Chicago, Illinois. The project is a collaboration with Siemens and the University of Michigan's Barton Research Group, scheduled for completion in mid-2025.

Genesys Industries acquired 100% of F3 Aerospace, a manufacturer of structural aircraft fastener components and assemblies. The acquisition includes the 10,000-square-foot manufacturing facility in Decatur, Illinois.

HistoSonics was awarded an exclusive contract by the Veterans Health Administration to provide its Edison Histotripsy Systems to VA hospitals across the United States. The contract establishes a $90 million schedule to develop histotripsy programs at key VA hospitals.

Braven Environmental announced a long-term offtake agreement with Chevron Phillips Chemical to supply ISCC PLUS certified pyrolysis oil from Braven's forthcoming facility near the U.S. Gulf Coast.

Hansae Co. Ltd., a global fashion ODM company, acquired US textile manufacturing company Texollini as part of its vertical integration project in Central America.

Aecon Group Inc. entered into a definitive agreement to acquire United Engineers & Constructors Inc., a nuclear and conventional power contractor, for US$33 million in cash.

Nonwovens manufacturer Brickle Group announced the acquisition of Family Yarns, based in Maine, USA.

Mitsubishi Electric Power Products (MEPPI) is investing $86 million to build a new advanced switchgear factory and expand its power electronics facilities in the Pittsburgh region. The project will create 200 new jobs and retain 806 existing jobs.

Lone Star Funds announced the signing of a definitive agreement to sell AOC, a global specialty chemicals company, to Nippon Paint Holdings Co., Ltd. The transaction is subject to regulatory clearances and expected to close in the first half of 2025.

HaF Equipment, a Minnesota-based bulk material handling company, acquired substantially all assets of Semi-Bulk Systems, a St. Louis company specializing in wet ingredient mixing. The transaction was completed on October 28, 2024, and combines dry and wet ingredient processing under one umbrella.

Aspen Pumps Group acquired Malco Tools, Inc., a Minnesota manufacturer of tools for the HVAC and building construction industries. Malco becomes the North American headquarters of Aspen, and its CEO takes over as CEO of Aspen Pumps Group North America.

TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.

Rehrig Pacific celebrated the grand opening of a 264,000-square-foot manufacturing facility in Buckeye, Arizona. The facility, built on a 35-acre site, is expected to create about 115 full-time jobs and can be doubled to 500,000 square feet in the future.

Nefab's Polyflex is investing $1.8 million in a new tooling and research and development center in Michigan. The article does not provide further details on location or timeline.

MRPC, a contract manufacturer of medical device assemblies, has started a $3 million expansion and renovation of Cleanroom 6 in Butler, Wisconsin. The project includes new injection molding machines from Austria and Japan to support high-volume production of liquid silicone rubber and high consistency rubber medical components.

GE Aviation received a $77.5 million firm-fixed-price contract from the U.S. Navy for repair and spare components for the stores management system on F/A-18, AV-8B, and H1 aircraft. Work will be performed in Clearwater, Florida, with completion expected by October 2029.

AAON, Inc. was awarded orders totaling approximately $174.5 million from one data center customer to provide custom-designed thermal management systems for liquid cooling. The equipment will be manufactured under the BASX brand at existing and new facilities in Longview, Texas, with delivery expected in the first half of 2025.

DeZURIK is expanding internal capacity at its Sartell, Minnesota facility, including six new machining centers and doubling assembly capacity for larger valves.

Filtration systems manufacturer M.W. Watermark announced an $8.5 million, 48,000-square-foot addition to its facility in Holland Township, Michigan. Construction is expected to begin next week and finish by June 2025, and the company expects to add jobs.

Building materials provider Quikrete has approached Summit Materials with an acquisition offer. Summit Materials has a market value of more than $7 billion. Talks are at an early stage.

Private equity investor Snow Peak Capital LLC acquired TurbineAero Inc., a Phoenix-based provider of MRO services for aircraft auxiliary power units. Terms were not disclosed.

Armstrong International opened a new 29,000-square-foot industrial heat pump manufacturing facility in the U.S., assisted by a grant from the U.S. Department of Energy's Defense Production Act Program.