Pratt & Whitney opened a new 845,000-square-foot military engines manufacturing facility in Oklahoma City, representing an investment of $255 million. The facility will produce F135, F117, TF33, F100 and F119 engines and create 100 new full-time jobs.
Pyran, Inc. closed a $3 million investment from Kowa as part of its Series B round, raising over $5 million total, to build a world-scale commercial plant for bio-based 1,5-pentanediol (PDO) expected to begin operating in 2027.
Borgeson Universal Company acquired the assets of JJ's Rods E-Z Firewall Boots, a manufacturer of steering column and firewall boots. The inventory and tooling have been relocated to Borgeson's facility in Travelers Rest, South Carolina.
Hydro has unveiled a new 12-inch indirect extrusion press and a 50,000 tonne expansion of the recycling facility in Cressona, Pennsylvania. The combined investment is NOK 1 billion. The recycling capacity increased to over 270,000 tonnes per year.
Arcosa closed its $1.2 billion acquisition of Stavola Holding Corp., an aggregates-led construction materials company with quarries and asphalt plants in New Jersey and Pennsylvania. The transaction was announced in August 2024.
Haier Smart Home has completed its acquisition of Carrier Commercial Refrigeration from Carrier Global Corporation for an enterprise value of approximately $775 million. The deal was signed on December 12, 2023 and closed on October 1, 2024.
IMCD N.V. has acquired Andes Chemical Corp., a distributor of specialty chemicals in Latin America. The deal includes Andes Chemical's Miami headquarters and offices in Dominican Republic, Costa Rica and Peru.
Schneider Electric has invested $100 million in its Mt. Juliet, Tennessee facility, a 500,000-square-foot expansion that more than doubles its previous production capacity for medium-voltage solutions in North America.
Carrier Corporation, a UTC subsidiary, sold its Heat Transfer Products Group (HTPG) commercial refrigeration business to Monomoy Capital Partners and Starboard Capital Partners. Terms were not disclosed.
Bioventus has signed a definitive agreement to sell its Advanced Rehabilitation business (Bioness) to Accelmed Partners for total cash consideration of $45 million, including $25 million at close and up to $20 million in earn-outs.
H2O Innovation has acquired NextEra Distributed Water via a carve-out transaction, bringing its WaterHub wastewater treatment and reuse projects in-house.
Renesas Electronics has agreed to buy US chipmaker Integrated Device Technology (IDT) for $6.7 billion, marking its second major push into semiconductors for self-driving cars.
Welspun Corp received a significantly large order valued at approximately Rs 2,400 crore for the supply of Coated HSAW Pipes for a natural gas pipeline project in the USA. Execution is scheduled for FY25 and FY26.
LFM Capital portfolio company SureKap LLC has acquired AB Technology, Inc., a manufacturer of high-speed labeling and padding systems for the food packaging industry. Financial terms were not disclosed.
ABM, a facility services provider, acquired Quality Uptime Services, a UPS preventive maintenance company, to enhance data center facility maintenance services.
O'Neal Manufacturing Services (OMS) will invest $8.5 million to establish its first Tennessee facility in Kingsport, creating 29 jobs for medium- to heavy-gauge steel fabrication.
Ingersoll Rand has acquired Air Power Systems Co. (APSCO), a US provider of hydraulic and pneumatic products for specialty work trucks, as part of three bolt-on deals totaling about $135 million.
Suzano completed its $110 million cash purchase of a paper mill in Pine Bluff, Arkansas and an extrusion facility in Waynesville, North Carolina from Pactiv Evergreen on October 1, 2024. A long-term supply agreement has Suzano supplying liquid packaging board and cupstock to Pactiv.
ReadyOne Industries was awarded a $92,406,100 firm-fixed-price, indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency to manufacture advanced combat pants for the U.S. Army over five years. The ordering period runs until August 14, 2029.
ReadyOne Industries was awarded a $193,746,960 firm-fixed-price, indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency for production of JSLIST coats and trousers for the U.S. Armed Forces. The two-year contract runs through September 20, 2026.
Komatsu held a ceremonial groundbreaking for a new office building at 2300 NE Adams Street in Peoria, Illinois, with a $30 million investment. The expansion will create 200 new jobs in engineering, sales, product support, and marketing, and the building is expected to be operational by Christmas 2025.
ZEISS Medical Technology opened a new state-of-the-art research and production facility in Chesterfield, Missouri, on October 1, 2024. The expansion adds modern production and office space, including a 2,300 square feet ISO 7-certified clean room, and increases the overall area to 64,500 square feet.
Mastel Surgical, a member of Pacific Surgical, has acquired Rica Surgical Products Inc., a supplier of surgical instruments and medical devices based in Schiller Park, Illinois. The acquisition expands Mastel Surgical's portfolio of specialized medical instruments and sterile processing products.
Piramal Pharma Solutions announced an $80 million investment to expand its Lexington, Kentucky facility, adding 24,000 square feet of manufacturing space, a new laboratory, and state-of-the-art machinery. The expansion will increase annual production capacity from 104 to over 240 batches, with completion expected in Q1 2027.
ZEISS announced the opening of a new research and production facility in Chesterfield, Missouri, investing $24 million and creating 40 new jobs. The expansion adds modern production space and a clean room.
IPS Adhesives (IPSA) acquired a range of acrylate and methyl methacrylate (MMA) based adhesives from L&L Products. The acquisition expands IPSA's MMA adhesive portfolio for transportation, construction, automotive, marine, and industrial applications.
CoolSys, a provider of refrigeration, HVAC, energy and engineering solutions, acquired Mechanical Engineering & Construction Corporation (MEC 2), a full-service mechanical engineering firm based in Maryland and Virginia. The acquisition was announced on September 30, 2024.
Global Infrastructure Partners (GIP), through Skyborn Renewables, acquired Eversource Energy's 50% ownership share in the South Fork Wind and Revolution Wind offshore wind farms, forming a joint venture with Ørsted.
Ultralife Corporation signed a stock purchase agreement to acquire all shares of Electrochem Solutions, Inc. from Integer Holdings Corporation for $50 million in cash. The transaction is expected to close by the end of October 2024.
Pratt & Whitney, an RTX business, received a contract valued up to $1.3 billion from the F-35 Joint Program Office to continue design maturation and aircraft integration of the F135 Engine Core Upgrade, which will enhance durability and provide power/cooling for Block 4 capabilities.
Lockheed Martin Aeronautics Co. was awarded a not-to-exceed $348,463,185 undefinitized cost-plus-fixed-fee order for initial air vehicle spares for F-35 production Lot 18, supporting the Joint Strike Fighter Program for the U.S. Navy, Air Force, Marine Corps, FMS customers, and non-DOD participants. Work will be performed in Fort Worth, Texas, and is expected to be completed by October 2029.
Aldevra was awarded a five-year Blanket Purchase Agreement valued at up to $9,999,999 to provide food-grade stainless steel tables to Defense Commissary Agency (DeCA) locations worldwide.
The Boeing Co. received a $13,440,686 order for initial spares and repair equipment for the MQ-25A Stingray air vehicle to support readiness and reliability for the U.S. Navy. Work is expected to be completed by September 2027.
Bell Boeing Joint Project Office received a $36,857,023 order for production and delivery of retrofit kits for the V-22 aircraft, including MV, CMV, CV kits and spares, for the U.S. Navy, Marine Corps, Air Force, and Japan. Work is expected to be completed by November 2027.
The Boeing Co. received a $76,832,622 contract from the U.S. Navy for weapons integration services on F/A-18E/F and EA-18G aircraft, including engineering, test support, and manufacturing. Work will be performed at multiple locations and is expected to be completed by September 2029.
Vulcan Materials agreed to acquire Wake Stone Corp., an aggregate producer with quarry operations in North Carolina and South Carolina. The deal is expected to close later in 2024.
L3Harris Technologies will provide solid rocket motors for the first and third stages of the Glide Phase Interceptor to Northrop Grumman, supporting the Missile Defense Agency's hypersonic defense program.
Kreher Steel Co. has acquired Ritchey Metals Company, a producer of zinc and aluminum alloys, adding over 120,000 tons of annual alloy output capacity. The acquisition expands Kreher's manufacturing footprint and product offerings.
Advanced Polymer Coatings is doubling the size of its US factory near Cleveland with a multi-million dollar, eight figure expansion project. The new 20,000 sq ft factory will feature an automated manufacturing system.
ILJIN, an automotive and industrial bearings manufacturer, is investing nearly $100 million in a new aluminum forging facility in Auburn, Alabama, creating about 160 jobs.
Automotive supplier Shinsung Petrochemical will invest $11.2 million in a new manufacturing facility in Toombs County, Georgia, creating over 30 jobs. Construction is expected to finish in 2025.
Soleno, a Canadian water management company, opened its first U.S. factory in Saratoga Springs, New York, investing over $22 million. The 45,000-square-foot facility manufactures KUSTOMFLO high-performance pipes and began operations in August 2024. A second phase adding 25,000 square feet is under review.
Skanska, in joint venture with ECCO III Enterprises, won an $848 million contract from the New York City Department of Environmental Protection to construct chemical addition facilities at Hillview Reservoir in Yonkers. Skanska's share is $630 million. Work began in August 2024 with expected completion in 2030.
Siemens has made a $36 million investment in renovations and upgrades at its Wendell, North Carolina Electrification and Automation headquarters, including a Customer Experience Center, training classrooms, and new fabrication equipment. The expansion will create over 200 jobs and includes a future 1.5 MW solar microgrid.
Mercury Mission Systems, Torrance, California, has been awarded a $131,333,480 firm-fixed-price IDIQ contract by the Naval Air Warfare Center Aircraft Division for production and delivery of Advanced Data Transfer System components. Work will be performed in Torrance and is expected to be completed by September 2029.
Liebherr and BHP announced the signing of a Global Framework Agreement at MINExpo 2024, solidifying Liebherr as one of BHP's preferred mining equipment suppliers across global assets.
Soleno, a Canadian leader in water management, announced the opening of its first U.S. factory in Saratoga Springs, New York. The 45,000-square-foot facility began operations in August and will initially manufacture KUSTOMFLO pipes. Soleno is investing more than $22 million in the facility.
Metrea announced the addition of Peregrine Avionics LLC, to be known as Metrea Aerospace Design, enhancing its ability to design, develop and modify manned assets. MASD will continue to be based in Denver, Colorado.
Spectro Alloys broke ground on an expansion project at its Rosemount site that will add 55,000 tpy of secondary billet production capacity in the first phase, expected to be completed in 2025.
Coca-Cola Consolidated has announced a $25 million expansion at its West Memphis, Arkansas production facility, adding in-house blow molding of bottles and more than 25 jobs. Output is to rise from 26 million to 29 million cases a year.