DENSO announced a $100 million expansion of its manufacturing operations in Athens, Tennessee, adding 54,560 square feet of new production space and creating 200 jobs.
Racing and Performance Holdings acquired Andrews Products, a manufacturer of performance cams, gears, and transmissions for automotive and motorcycle applications. The acquisition expands R&P's portfolio into the motorcycle industry.
LU-VE Group celebrated the groundbreaking of a 19,000 sqm expansion at its Jacksonville, TX, USA factory to localize dry coolers for data centers and power generation and enhance solutions for sustainable refrigerants. Shipments begin Q1 2026, with full industrial evaporator range launching Q4 2026.
Martin Energy Group announced plans to construct a $1.7 million addition to its facility in Tipton, Missouri, to increase production capacity for generator set enclosures. The expansion could create over 200 new jobs in the next five years.
PAR Systems broke ground on a new approximately 140,000-square-foot facility adjacent to its current campus in Shoreview, Minnesota. The expansion will boost capacity by 40% and includes a Class 10,000 cleanroom and three process and development labs.
TMC Transformers USA Inc. will invest more than $15.3 million in a new dry-type transformers manufacturing facility in Waynesboro, Georgia, creating at least 110 jobs. The new plant is expected to be operational at the beginning of 2026.
Conner Industries, a Texas-based protective packaging provider, is expanding its Guardian Packaging facility in Dallas by 53% to 100,000 square feet, partly to serve government and Department of Defense contracts.
APackaging Group, a beauty and cosmetics packaging maker, invested $49 million to open a new manufacturing facility in Defiance, Ohio, providing bottle blow molding, custom molding and dispenser and cap production.
Saab Inc. in DeWitt, New York, received a $41.7 million modification to a U.S. Navy contract to procure three AN/SPN-50(V)1 shipboard traffic radars and repair-parts kits.
The Grote Company family of brands, a provider of food processing equipment, acquired SPI Automation, a provider of automation and robotic solutions for food manufacturing, with locations in Sandy and Salt Lake City, Utah.
Harpak-ULMA announced a strategic U.S. and Canadian distribution agreement with Cabinplant for sales, services and support of Cabinplant's multihead fixed-weight packaging solutions.
AutomationDirect is expanding its partnership with TGW Logistics to deploy a FlashPick goods-to-person system and additional pallet-crane aisle at its Cumming, Georgia warehouse. The system is expected to go live in August 2026.
Shell Energy North America signed an agreement to acquire 100% equity in RISEC Holdings, which owns a 609 MW combined-cycle gas turbine power plant in Rhode Island, USA. The acquisition secures long-term supply in the ISO New England market and is expected to close in Q1 2025.
Glatfelter shareholders approved the merger of Berry Global's Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter. The transaction is expected to close on November 4, 2024, with Glatfelter renaming to Magnera Corporation.
dB Control was awarded six contracts worth $14.5 million for TWT amplifiers, high-voltage power supplies, and wideband microwave power modules to support electronic warfare systems for domestic and foreign military customers.
Berry Global has set a date of November 1, 2024 for the spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business (HHNF), which will then merge with Glatfelter on November 4, 2024.
Nxu, Inc. has entered into a merger agreement to acquire all outstanding shares of Verde Bioresins, Inc. in an all-stock transaction. The combined company will be renamed Verde Bioresins, Corp. and list on Nasdaq under the ticker VRDE.
Packaging Corporation of America reported $468.4 million in capital spending through Q3 2024, including at least 60 projects at box plants such as new corrugators and new converting lines.
Tyoga Container, a corrugated box manufacturer, has completed a $30 million expansion of its Tioga, Pennsylvania facility, adding five new corrugated converting lines and about 144,000 square feet of space. The state budget awarded the company $1.5 million for the project.
GE Aerospace reported strong Q3 2024 results and announced several customer wins: Avolon ordered 150 LEAP-1A engines for 75 A320 aircraft; EVA Air committed to GEnx engines for four 787s; Qatar Airways committed to 40 GE9X engines for 20 777s; and the Polish Ministry of National Defense committed to over 200 T700 engines for 96 Boeing Apache Guardian helicopters.
Advanced Drainage Systems, Inc. celebrated the grand opening of its $65 million ADS Engineering and Technology Center in Hilliard, Ohio. The 110,000-square-foot facility is the largest stormwater engineering center in the world and includes product development, hydraulics, and materials science labs.
Quester Tangent won a sub-supplier contract from Hyundai Rotem USA to supply train control, monitoring, passenger information, and fleet management systems for 182 new subway trains for LA Metro, with an option for 50 more, for delivery ahead of the 2028 Olympics.
Portland Tractor Inc. (PTI) acquired Ohio Valley Parts & Equipment (OVPE) and rebranded it as PTI Kentucky, combining their inventories of used, rebuilt, and aftermarket parts for mining and construction equipment.
Mainspring Energy announced plans to build a $175 million next-generation power generator plant near Pittsburgh International Airport in Coraopolis, Pennsylvania.
James Willis Marion Manufacturing is consolidating its Morton, Illinois, operations into its West Terre Haute facility, creating 20 new jobs.
Bell Textron is considering a $429 million plant in Fort Worth, Texas, to produce components for the V-280 Valor attack aircraft. The city is proposing tax breaks, but no final decision has been made.
AptarGroup was awarded a contract from the U.S. Federal Government to advance development of its ActivShield technology for sterilizing medical devices without a power source.
The U.S. Department of Energy awarded Mainspring Energy $87 million to expand manufacturing in Allegheny County, Pennsylvania. The new 300,000 sq ft facility will produce up to 1,000 Linear Generators annually, with total investment exceeding $175 million, creating over 600 jobs.
Flag Ship Acquisition Corporation, a SPAC, signed a definitive merger agreement with Great Rich Technologies Limited (GRT) and GRT Merger Star Limited. Upon completion, Flag Ship shareholders will receive ADSs of GRT, and Flag Ship will merge into a GRT subsidiary, with GRT ADSs to be listed on Nasdaq.
BENTELER Automotive Corporation is investing $47.9 million to expand its manufacturing and assembly facility in Duncan, South Carolina, with building improvements and updated machinery. Expanded operations are already online.
Stark Aerospace was awarded a $61,454,230 contract by the Naval Sea Systems Command for MK 41 Vertical Launching System canister production, with options that could bring the total to $312,787,824.
Hemlock Semiconductor will receive up to $325 million in federal funding from the CHIPS and Science Act to build a new manufacturing facility on its existing campus in Hemlock, Michigan, to expand production of hyper-pure polysilicon for semiconductor chips. The investment is expected to create 180 manufacturing jobs and thousands of construction jobs.
The U.S. Commerce Department plans to award $325 million to Hemlock Semiconductor to build a new manufacturing facility for semiconductor-grade polysilicon at its existing site in Hemlock, Michigan.
Phillips Federal was selected as one of 67 awardees for a $975 million IDIQ contract by the U.S. Air Force Rapid Sustainment Office to support advanced manufacturing and sustainment operations.
APPLIED Adhesives, a custom adhesive solutions provider, completed its acquisition of AutomationSupply365.
Workdry International, parent of Selwood, Siltbuster and Vanderkamp, has acquired Florida-based Holland Pump Company, a water handling and pump rental provider, to expand into North America. The deal gives Workdry a presence on the US East and Gulf Coasts.
Wright Block & Precast, a producer of block, brick, manufactured stone, and precast concrete, acquired the assets of American Block and Eastern Vault near Princeton, West Virginia, strengthening its position in the central Appalachian region.
The U.S. Department of Energy conditionally committed to a $1.44 billion loan guarantee for Calumet Montana's expansion of its Montana Renewables facility in Great Falls, Montana, to increase sustainable aviation fuel production from 140 million to about 315 million gallons annually. The expansion is expected to create 450 construction jobs and 40 operations jobs.
Univar Solutions ChemPoint and PLZ Corp have announced a partnership for the sales, marketing and distribution of PLZ's food release agents and egg wash substitutes across the U.S., Canada, Mexico, South America, and the Caribbean.
Impact Climate Technologies has formed a strategic partnership with Central States HVAC Solutions, including Fontanesi & Kann Company, Architectural Building Components, and Bio-Grid. The partnership expands ICT's portfolio to 22 locations.
AURA AERO Inc. plans to build a 500,000-square-foot manufacturing and assembly plant at Daytona Beach International Airport in Volusia County, Florida, creating over 1,000 jobs.
Hahn-Mason, a provider of HVAC solutions, has been acquired by Air Control Concepts and will merge with Insight Partners and Faulkner-Haynes to create a larger HVAC entity in the Carolinas.
Zekelman Industries has announced a joint venture with Maverick Pipe to expand its offering of strut channel, PVC conduit and PVC fence products. The joint venture will also operate a resin mixing and extrusion factory in Richmond, Kentucky.
Beontag has opened a new state-of-the-art facility in Trotwood, Ohio, representing a planned investment of $80 million. The facility will quadruple Beontag's North American output capacity, with capability to ship up to 3 billion RFID tags and 2.9 billion sq ft of materials per year by Q4 2025, and employ over 220 people.
Flex has entered into a definitive agreement to acquire Crown Technical Systems, a leader in power distribution and protection systems, for $325 million in an all-cash transaction.
Plantd has signed a multi-year contract with D.R. Horton to supply 10 million carbon-negative structural panels made from perennial grass. The panels will be used in homebuilding and are expected to sequester 165,000 mT of CO2.
Aperam signed a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. for $45.00 per share in an all-cash transaction, valuing the company at an enterprise value of approximately $539 million. The acquisition is expected to close in H1 2025.
PPG reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada to American Industrial Partners for $550 million. The transaction is expected to close in late 2024 or early 2025.
SMC Ltd. announced a 160,000 sq. ft. expansion of its Devens, Massachusetts facility, adding three ISO 8 cleanrooms, a cold chain storage warehouse, and a material handling system. The expansion will support drug delivery and diagnostic markets.
Schneider Electric announced the acquisition of Motivair Corporation, a provider of advanced liquid cooling solutions for data centers. The deal was announced on October 17, 2024.