FCAH Aerospace, backed by O2 Investment Partners, acquired Innodyne Systems, an FAA/EASA Part 145 repair station specializing in MRO, DER, and OPP services for airframe, composite, and electronic components. The deal supports FCAH's strategic growth plan.
MAUI Imaging emerged from stealth with a $4 million U.S. Department of Defense contract to support trauma medicine across four military branches. The contract funds development of novel ultrasound-based imaging technology.
Siemens has selected Toyota's Vanderlande as the buyer for its logistics unit, according to sources. The deal is pending finalization.
Webuild's US subsidiary Lane was awarded a contract worth $466 million (Lane's share 35%) by the Gateway Development Commission for construction of the Palisades Tunnel in New Jersey, part of the Hudson Tunnel Project.
Emirates Global Aluminium (EGA) announced its intention to acquire an 80% majority stake in Spectro Alloys Corporation, a US aluminium recycling firm based in Rosemount, Minnesota. The transaction is expected to close in Q3 2024.
Nashville Wire Products announced plans to establish a new manufacturing site in McEwen, Tennessee, investing over $20 million and adding 102 new jobs, increasing its Tennessee workforce by 19%.
Advance Auto Parts has agreed to sell its Worldpac automotive parts wholesale distribution business to funds managed by Carlyle for $1.5 billion in cash. The transaction is expected to close before the end of 2024.
RIX Industries received a multimillion-dollar US Navy contract through NAVSUP Weapon Systems Support to deliver 25 high-pressure air compressors for Virginia-class submarines over the next several years. The announcement was dated 22 August 2024.
Graham Corporation is investing $4.1 million in its new Batavia, New York facility, which is partly funded by a $13.5 million contribution from a customer. The investment was announced on 22 August 2024.
KUKA Robotics will supply 86 KR Quantec robots to HG Automation (HGA) for a turnkey automation system at a new battery electric vehicle component line for an unnamed Tier 1 customer.
Aurora Flight Sciences is investing $43.8 million to expand its aerosystems production facility in Columbus, Mississippi, adding 50,000 square feet of new manufacturing space and refurbishing 40,000 square feet. The project will create 63 new jobs.
BlackHawk Industrial has acquired Tri-State Industrial Supplies of PA, a tooling supplier based in New Britain, Pennsylvania, expanding its mid-Atlantic operations. Terms were not disclosed.
Mill Rock Packaging has invested in a new Koenig & Bauer Rapida 164 eight-color UV large-format press for its Renton, Washington facility, expected to boost capacity up to 30%.
Spectra Precision has agreed to acquire Unicontrol, a machine control systems company. Unicontrol joins Spectra Precision in Precisional's portfolio of construction-related measurement businesses.
FLSmidth received an order to deliver five AFP2500 concentrate and tailings filters to South32's Hermosa critical minerals project in the Patagonia Mountains of southern Arizona, USA. The filters will help reduce water consumption by ~75% compared to other mines in the region.
Lohia Corp Limited, through its US subsidiary Leesona Corp, acquired J.J. Jenkins Inc., a machine manufacturer for high-tech industries, to expand its specialty yarns and tapes portfolio in medical and defence applications.
American Power Group Corporation received an additional $1.4 million in follow-on orders for its S4000 stationary dual fuel systems from its dealer/installer network. The orders are expected to ship during the December 2024 quarter.
US based Barnhart Crane and Rigging has acquired Mountain Crane.
The City of Hutto held a groundbreaking ceremony on August 20, 2024, for the expansion of the South Wastewater Treatment Plant. The $180 million project will increase capacity from 2.5 MGD to 6.0 MGD.
Royal Van der Leun entered a collaboration agreement with Royal IHC to build a diesel-electric hopper dredger for the U.S. Army Corps of Engineers. The vessel will be built at Eastern Shipbuilding Group in Panama City, Florida.
Eaton announced it won a contract to help Dallas Fort Worth International Airport build its innovative electric Central Utility Plant (eCUP). Eaton's equipment contribution is valued at nearly $10 million and expected to be installed in spring 2025.
RESA Power, a power systems electrical testing and transformer services company, has acquired High Voltage Electric Service (HVES) based in Albany, NY. HVES is a full-service electrical testing business operating since 1990.
Dalrada Financial Corporation has finalized an exclusive master distribution agreement with Applied Technologies of New York (ATI) for its heat pump technology. The three-year agreement targets initial sales of 75 units in the first 18 months, escalating to 600 units in the following year.
Mobix Labs Inc. has announced the intent to acquire J-Mark Connectors Inc., a company specializing in EMI interconnect solutions for military, aerospace, and defense sectors. The acquisition is expected to boost revenue and expand Mobix Labs' footprint in these sectors.
Atlantic Street Capital has completed the sale of All Star Auto Parts, a specialty distributor of alternative automotive parts, to BBB Industries. Terms were not disclosed. All Star is headquartered in Orlando, Florida and operates 13 facilities nationwide.
Vantedge Medical, a portfolio company of Aterian Investment Partners, has acquired Hobson & Motzer, a manufacturer of precision medical devices for the global surgical stapler market. The acquisition strengthens Vantedge's consumables platform and expands its technical capabilities and customer base.
Carlisle Construction Materials has awarded a contract to Covestro to supply 99%-reduced CO2 bio-circular methylene diphenyl diisocyanate (MDI) for use in its PIR insulation boards. The switch is expected to save 2.4t of CO2 emissions per tonne used.
The General Services Administration awarded Clark Construction a $524 million contract to build the Cybersecurity and Infrastructure Security Agency's new headquarters at St. Elizabeths West Campus in Washington, D.C.
Infinium and Borealis have entered into an agreement for Infinium to supply eNaphtha from its Project Pathfinder facility in Texas to Borealis' Porvoo facility in Finland, enabling production of low-carbon-footprint polyolefins.
Advanced Drainage Systems, through its subsidiary Infiltrator Water Technologies, announced the signing of a definitive agreement to acquire Orenco Systems, a manufacturer of advanced onsite septic wastewater treatment products. The transaction is expected to close in the third quarter of fiscal 2025.
AlphaVest Acquisition Corp entered into a merger agreement on August 16, 2024, to acquire AMC Corporation (AMC Robotics Corp) at a $175 million valuation, with closing expected in Q4 2024.
Polymer Medical will invest $1.5 million and create 15 new jobs at a new facility in Orchard Park, New York, for injection molding and assembly of medical devices and disposables.
Deltech Holdings will assume production of divinylbenzene from DuPont, with DuPont transferring IP and other assets to Deltech to ensure a reliable supply for DuPont and its customers.
voestalpine Roll Forming Corporation will expand its Jeffersonville operations with a new production line for frame rails, involving over $77.9 million in construction and equipment, and creating over 100 new jobs.
Flexware Innovation, a Hitachi group company, acquired Castle Hill Technologies, an engineering services company focused on life sciences, on July 31, 2024.
XTI Aerospace and AVX Aircraft Company have formed a partnership through a letter of intent for AVX to provide design, development and certification services for the TriFan 600 vertical-lift crossover aircraft.
Voestalpine announced a EUR 70 million (USD 78 million) expansion of its Jeffersonville, Indiana plant, doubling production capacity to 80,000 tons for truck structural components, creating 110 jobs, with production starting in 2026.
MELD Manufacturing was awarded a $975 million contract by the U.S. Air Force's Rapid Sustainment Office to support operational readiness of deployed assets using additive manufacturing.
Voestalpine RFC announced a $78 million expansion of its Jeffersonville, Indiana plant, adding a production line for frame rails and creating 100 new jobs.
Compass Diversified subsidiary Altor Solutions agreed to acquire Lifoam Industries, a temperature-controlled packaging maker with seven US plants, for an enterprise value of $137 million in cash, announced August 19, 2024.
Graham Corporation held a groundbreaking on August 19, 2024 for a 29,000 sq ft, $17.6 million manufacturing facility in Batavia, New York, expected to add 24 jobs and begin operations in summer 2025.
Tri-Wall Limited's North American subsidiary TW America acquired 25% of the equity of South Carolina-based Concept Packaging Group, announced August 19, 2024.
Sioux Chief Manufacturing completed the acquisition of Riverside Plastics (RPI Molding), a domestic manufacturer of injection molded products and tooling. Riverside Plastics will continue to operate independently with support from Sioux Chief.
Boeing and Lockheed Martin are in talks to sell their rocket-launching joint venture United Launch Alliance to Sierra Space, with a potential valuation of $2-3 billion. The deal would mark a significant shift in the U.S. space launch industry.
Just Right Heating & Cooling announced its merger with Friendly Plumber, Heating and Air, a provider of plumbing, HVAC, and indoor air quality services in Utah. Friendly Plumber will transition to the Just Right brand, expanding Just Right's service offerings and geographical reach in the Salt Lake market.
Lincoln Electric acquired Vanair Manufacturing, a manufacturer of truck-mounted air compressors, generators, welders, and mobile EV chargers, for a net purchase price of $116 million. Vanair is based in Michigan City, Indiana.
The U.S. Army Corps of Engineers Memphis District awarded a $11.5 million contract to Inland Dredging Company, LLC for the rental of a 24-inch hydraulic cutterhead dredge and discharge pipeline for annual maintenance dredging of ten Mississippi River harbors.
Subsea7 was awarded a sizeable contract (USD 50-150 million) in the US Gulf of Mexico covering engineering, procurement, construction and installation of a water injection flowline and subsea infrastructure, with offshore work expected in 2026.
IronWorx, LLC acquired Magnum Steel Works, a steel fabrication and mining equipment rebuild company in Mt. Vernon, Illinois. The acquisition aims to grow the business and diversify into large steel fabrication.
Britton Lumber Company broke ground on a combined heat and power project at its Bath, New Hampshire sawmill. The project includes a new 300 HP Hurst wood boiler and a microsteam turbine from Nline Energy, replacing aging thermal energy equipment.