Topre America Corp. plans to add 157 full-time jobs and expand its stamping and assembly facility in Springfield, Ohio by about 140,000 square feet, supported by a state tax credit. The expansion includes hot and cold stamping machines for a new electric vehicle contract.
Joyce/Dayton Corp. is expanding its Portland, Indiana plant by 26,000 square feet to increase production capabilities for screw jacks, linear motion systems and electric actuators. Construction is on track for completion by mid-2025.
Welspun will retrofit its existing distribution center in Grove City, Ohio to add manufacturing operations for home textiles, investing $12.5 million and creating 70 new jobs.
Yaskawa America Inc., Motoman Robotics Division completed a 185,000-square-foot expansion at its Miamisburg, Ohio headquarters, nearly doubling production space. The expansion is part of a planned $200 million investment in the United States.
SCIO Automation GmbH acquired CEC Controls Company, Inc., a premium controls system integrator headquartered in Warren, Michigan, from John Wood Group PLC. The acquisition expands SCIO's presence in North America and strengthens its discrete automation segment.
Everspin Technologies has signed a strategic contract with Frontgrade Technologies to provide PERSYST MRAM technology and manufacturing services for a Strategic Radiation Hardened eMRAM macro, with the first phase valued at $1.25 million and total value up to $9.25 million.
Lockheed Martin signed a definitive agreement to acquire Terran Orbital, a satellite-based solutions provider, for approximately $450 million. The transaction includes a $30 million working capital facility.
Toyota Material Handling North America and The Raymond Corporation established a new advanced energy storage manufacturing facility in Kirkwood, New York, expanding existing operations in Greene. The facility will produce lithium-ion batteries and TPPL lead-acid batteries. A grand opening is scheduled for September 9, 2024.
Colliers' Herbst|Morgan team finalized a new lease for Altium Packaging on a 28,787 square foot finished goods warehouse in Vancouver, Washington, supporting its regional expansion.
Colliers' Herbst|Morgan team finalized a long-term extension of Altium Packaging's lease on a 149,372 square foot production plant in Chino, California.
Aspen Global Enterprises Inc. announces a strategic joint venture with Marten's Fresh, based in Port Byron, NY.
The U.S. Navy selected StandardAero as prime contractor for depot-level repair services on Rolls-Royce T56-A-427A engines for E-2D Advanced Hawkeye aircraft. The contract totals US$315,734,572 and was awarded on August 14, 2024.
UMF Medical, a manufacturer of power exam tables, has received a contract with Vizient to supply high-quality medical exam room equipment, including seating, tables, and chairs.
Boeing Co. was awarded a $248,144,000 delivery order by the Naval Supply Systems Command for repair of landing gear used on F/A-18 E/F aircraft. Work will be performed at multiple locations including Longueuil, Quebec and St. Louis, Missouri, with completion expected by May 2028.
Origin Materials announced a signed customer memorandum of understanding for over $100 million of PET caps over an initial two-year term, with revenue expected to begin in early 2025. The company reaffirmed that commercial production of PET caps is on track to begin in Q4 2024.
Vance Street Capital, through its Victor Sierra Aviation Holdings, acquired Aviation Products Systems, a supplier of proprietary replacement wheel & brake components and custom hose kits for general aviation aircraft. This is the latest in a series of tuck-in acquisitions for VS Aviation.
The U.S. Department of Commerce awarded Texas Instruments up to $1.61 billion in direct CHIPS Act funding to support TI's $18 billion investment in three new fabrication facilities: two in Sherman, Texas, and one in Utah. The projects are expected to create over 2,000 manufacturing jobs and over 20,000 construction jobs.
DMG MORI joined MxD as a Tier 1 member to collaborate on advanced manufacturing solutions for the U.S. Defense Department, filling 1,600 square feet of space with technology installations at MxD's Chicago factory.
Toray Composite Materials America Inc. has commissioned an upgraded Torayca T1100 carbon fiber production line in Decatur, Alabama, which is a key component in supporting Bell Textron's V-280 for the U.S. Army's FLRAA program. The line was celebrated in January 2024.
Hadrian, an advanced manufacturing company, has acquired Datum Source, a procurement management SaaS platform and manufacturing network. The acquisition closed on July 8, 2024; terms were not disclosed.
LyondellBasell plans to shut down its only refinery, located in the Houston area, by the end of Q1 2025, and to site its second chemical recycling investment there.
Dow expects to close its acquisition of mechanical recycling firm Circulus in Q3 2024, including two facilities with a combined capacity of 50,000 metric tons of recycled materials annually.
Advanced Drainage Systems expects to spend $250 million to $301 million on capital expenditures for the full year, including debottlenecking its recycling operations and completing its engineering and technology center in Ohio.
Trelleborg Sealing Solutions has signed an agreement to acquire Magee Plastics, a US manufacturer of high-performance thermoplastic and composite solutions for the aerospace industry. The transaction is expected to be finalized in Q4 2024.
Everspin announced a $9.25 million contract with Frontgrade Technologies to provide PERSYST MRAM technology, logic design, and back-end-of-line manufacturing services for a strategic radiation hardened eMRAM macro.
The City of Ames awarded a $53.3 million contract to Woodruff Construction for the first phase of renovating its Water Pollution Control Facility in Ames, Iowa, converting it to a biological nutrient reduction process.
Holcim US announced the acquisition of King William Sand & Gravel Co., Inc., gaining high-quality sand and gravel reserves to serve construction customers in Central Virginia.
Amtech Software and Opus Packaging confirmed a partnership to deploy Amtech's EnCore ERP software across five Opus Packaging corrugated packaging facilities in Indiana, South Carolina, Michigan and Ohio.
Developer Ashley Capital leased the first half of the first building at the Flint Commerce Center, the former Buick City site, to GM supplier Victory Packaging as its first new tenant, reported on August 14, 2024.
Reliance Packaging announced on August 14, 2024 a more than $7.4 million expansion of its Aberdeen, North Carolina plastic packaging plant, adding two multi-layer film extruders and 32 new jobs.
Holcim Building Envelope announced plans to build a 300,000-square-foot Malarkey Roofing Products manufacturing facility and warehouse in Franklin, Indiana. The plant will create about 200 jobs and production is planned to start by mid-2026.
The City of Cedar Rapids awarded a $348.3 million construction contract to Bowen Engineering Corp. for improvements to the Water Pollution Control Facility, enhancing capacity and reducing environmental impact.
Wheeler Machinery Co., Utah's Cat dealer, acquired Diamond Equipment & Tool Rental, expanding its Cat Rental Store division with 18 locations across Utah and a broader product portfolio.
SECO/VACUUM is investing $4.1 million to relocate its US vacuum furnace manufacturing headquarters from Poland to Meadville, Pennsylvania, creating 23 new jobs and retaining 38, with $2 million in state support.
Shinkong Synthetic Fibers Corp invested $10 million in Ambercycle's first commercial facility to produce circular polyester from end-of-life textiles. Operations are expected to commence in 2026.
JENNMAR has acquired the assets of the Holden, West Virginia cement blending facility of Wright-Mix Material Solutions, LLC. The facility will be added to JENNCHEM's portfolio to ensure continuous production of J-SEAL foaming cement products.
Viessmann Group has agreed to acquire KPS Global LLC from D Cubed Group LLC to expand its clean and cold room business in North America. Terms were not disclosed.
Hemlock Semiconductor (HSC) completed its Next-Generation Finishing (NGF) facility in Michigan, representing a major investment in expanded production capacity for hyper-pure polysilicon for semiconductor and solar industries.
B&B Transformer, a manufacturer of oil-filled distribution class transformers based in Farmington, Minnesota, was acquired by Integrated Power Services in September 2024.
Baxter International Inc. signed a definitive agreement to divest its Kidney Care segment (Vantive) to funds managed by Carlyle for $3.8 billion. Baxter will receive approximately $3.5 billion in cash.
NTS Amega Global will open a new facility in Lafayette, USA, in Q3 2024 to enhance US repair and manufacturing capabilities.
BEUMER Group was selected by Warrior Met Coal to design and supply a single-flight curved overland conveyor for the expansion of Blue Creek Mine in Alabama. The 1,500 STPH system will transport steelmaking coal over nine miles to a train loadout station.
Caterpillar broke ground on a major expansion at its Lafayette, Indiana large engine facility, the largest investment since the facility opened in 1982. The multi-year capital investment will increase capacity for new engines and aftermarket parts, adding 100 new jobs.
Mitsubishi Electric established MELCO HVAC US Inc. and will invest approximately $143.5 million to build a factory for manufacturing air conditioning compressors at the Maysville, Kentucky facility of Mitsubishi Electric Automotive America. The plant is expected to receive a $5,000 million grant from the U.S. Department of Energy.
Rheinmetall signed an agreement to acquire all equity interests in Loc Performance Products, LLC, a vehicle specialist based in Plymouth, Michigan. The acquisition expands Rheinmetall's position in the US defense market and strengthens its land vehicle business.
Bitzer Scroll will use a federal grant of more than $5 million from the U.S. Department of Energy to increase production of scroll compressors for electric heat pumps at its DeWitt, New York factory. The firm has committed nearly $6 million in matching investment and plans to create 20 jobs.
Emerson announced on August 13, 2024 that it completed the sale of its remaining 40% interest in the Copeland joint venture to private equity funds managed by Blackstone, in a transaction valued at approximately $3.5 billion.
Aliaxis signed a definitive agreement on August 13, 2024 to acquire the manufacturing assets of Johnson Controls' CPVC pipe and fittings business for residential and light commercial sprinkler systems, located in Huntsville, Alabama, with annual revenue of about $100 million. Financial terms were not disclosed.
SupplyOne, a custom packaging distributor and manufacturer, announced on August 13, 2024 that it is growing across the U.S. and into Canada with new locations in Portland, Seattle and Toronto, and is seeking acquisition partners.
Flowserve signed a definitive agreement to acquire privately held MOGAS Industries, a Houston-based maker of severe service valves, for $290 million plus a potential $15 million earnout. Closing is expected in Q4 2024.