Wolter Inc., a leader in material handling solutions, has acquired Cincinnati Crane & Hoist, a manufacturer of cranes and hoists based in Cincinnati, Ohio. This is Wolter's first acquisition of a manufacturing company.
Penske Automotive Group acquired Bill Brown Ford in Livonia, Michigan, expected to add $550 million in estimated annualized revenue. The acquisition includes over 200,000 sq ft of facilities.
Toyota Material Handling (TMH) announced a nearly $100 million expansion of its North American headquarters in Columbus, Indiana, adding a 295,000 sq ft manufacturing facility for electric forklifts. The project is expected to create 85 jobs, with production starting in June 2026.
Shimmick Corporation signed a $27.6 million subcontract for electrical work on the Sunol Valley Water Treatment Plant Ozonation project in Sunol, California. The prime contract was awarded to J.F. Shea Construction by the San Francisco Public Utilities Commission on May 14, 2024.
Integra LifeSciences announced plans to operationalize a new 100,000 square foot tissue manufacturing facility in Braintree, Massachusetts, in the first half of 2026, to manufacture PriMatrix and SurgiMend.
Reliance, Inc. reached an agreement to purchase certain assets of the FerrouSouth division of Ferragon Corporation, a toll processing operation in Iuka, Mississippi. The transaction is expected to close within 30 days.
Integra LifeSciences announced plans to restart manufacture of PriMatrix and SurgiMend at a new facility in Braintree, Massachusetts, expected to be operational in the first half of 2026, abandoning the Boston facility.
Trelleborg Group will invest more than SEK 300 million in a new production facility for engineered coated fabrics in Rutherfordton, North Carolina. The facility will serve aircraft escape slides, water infrastructure, and advanced materials markets. Groundbreaking is scheduled for Q4 2024, with production starting in early 2026.
Spray nozzle maker BETE completed a strategic merger with compressed air and static elimination firm EXAIR, with Northborne Partners as exclusive financial advisor. Financial terms were not disclosed.
Votorantim Cimentos North America acquired Western N Y Concrete Corp., a ready-mix concrete producer in Batavia, New York, to strengthen its presence in the region and complement its United Materials operations.
SeAH Changwon Integrated Special Steel Corporation will expand its steel manufacturing business in Temple, Texas, creating 100 new jobs and $110 million capital investment. The company received a $910,000 Texas Enterprise Fund grant.
JCS Process & Control Systems was awarded a contract by California Dairies, Inc. to design, engineer, fabricate, install, and commission a new 200,000-square foot milk processing plant in Bakersfield, California. The facility is expected to be in production by the end of 2024.
Multiscale Systems was awarded a $1,111,690 Massachusetts Manufacturing Innovation Initiative grant to build a new advanced manufacturing facility in Worcester, MA, and purchase new machinery to expand capacity at its subsidiary Hybrid CNC Parts. Up to 10 jobs will be created.
Tech24, a national leader in commercial foodservice equipment repair and maintenance, partnered with Varitech Commercial Services, an Arizona-based commercial refrigeration, HVAC and kitchen equipment service company.
Sanko Gosei announced a ¥10 billion investment in its automotive interior and exterior parts factory in Indiana, USA, for expansion and machinery installation over fiscal years ending May 2025 and May 2026.
NAVSUP Weapon Systems Support awarded supply contracts valued at $420M for spares and repairs of flight control surfaces for the F/A-18 Super Hornet and EA-18G Growler, covering the U.S. and Australia through fiscal year 2028.
Oglethorpe Power announced approval to construct a two-unit combined-cycle natural gas plant in Monroe County, Georgia, with approximately 1,200 MW capacity and a capital investment of about $2 billion. A simple-cycle combustion turbine unit will also be built in Talbot County.
General Dynamics Bath Iron Works received a $22,942,371 contract modification for long-lead time material for large missile vertical launch system launch module fabrication on DDG-1001. Work will be performed in multiple locations and completed by April 2026.
MP Husky, a manufacturer of cable support and power distribution systems, is expanding its existing facility in Mauldin, South Carolina. The $11.1 million investment will create 35 new jobs, with operations expected to be online in fall 2025.
GE Vernova announced a $22 million investment in its Schenectady facility to manufacture new advanced generators, expected to create over 150 new jobs. The investment follows a $50 million investment in 2023 for onshore wind turbines.
RM Group has secured multiple US deals, including a significant order for an automated bagging system for an industrial salt production company in Florida, and a deal with a US automation company forecast to be worth up to £10 million over five years.
FANUC America opened a new 650,000-square-foot West Campus facility in Auburn Hills, Michigan, as part of a $110 million investment. The expansion increases its Michigan footprint to over 2 million square feet and has created over 400 jobs since 2019.
Trelleborg announced a greenfield development for its engineered coated fabrics operations in Gateway West Commerce Park, Rutherford County, North Carolina. The initial investment exceeds $30 million, and the facility will be built to LEED certification with carbon-neutral, zero-emission operations.
Green Bay Packaging broke ground on July 9, 2024 on a new 270,000 square foot facility for its Great Lakes Packaging Division in Germantown, Wisconsin, with operations expected in fall 2025 and 20 additional jobs planned.
Sullivan Palatek, a North American air compressor maker, took delivery of a PTG Holroyd TG350E CNC helical rotor grinding machine, doubling its rotary screw compressor rotor capacity at its Michigan City, Indiana facility, which it plans to expand by 50%.
Solaris Oilfield Infrastructure has acquired Mobile Energy Rentals (MER) for $200 million, consisting of $60 million cash and 16.5 million shares. MER provides distributed power solutions for energy and commercial & industrial markets.
Trulite Glass & Aluminum Solutions acquired American Insulated Glass (AIG), expanding its footprint in the Midwest and East Coast markets and adding residential product capabilities.
SeAH Superalloy Technologies, a subsidiary of SeAH CSS, plans to invest $110 million in a high-performance metal manufacturing facility in Temple, Texas, creating 100 jobs. Construction starts Q3 2024, with production beginning Q1 2026.
Revolution Sustainable Solutions, LLC acquired Norflex, Inc., a producer of high-performance agricultural and industrial films, including the Agriseal silage wrap. The acquisition expands Revolution's sustainable films business.
LJ Inc., a provider of turnkey aggregate plant solutions, acquired Supreme Manufacturing, a Pennsylvania-based manufacturer of floating clamshell dredges and conveyors.
AAE, a Dutch high-tech machine manufacturer, acquired Solara Automation, a North Carolina-based industrial automation solutions provider. The acquisition is part of AAE's internationalization strategy and will include a new 100,000-sq.-ft. facility in the Triangle area.
MAN Energy Solutions will supply a large-scale heat pump system with two 12.5 MW compressors to Scout Motors for its electric vehicle plant in Blythewood, South Carolina. The plant, part of a multi-billion Volkswagen investment, is designed for over 200,000 vehicles a year.
Resonac Corporation unveiled a new consortium of ten partners called 'US-JOINT' for semiconductor back-end process R&D in Silicon Valley. The R&D will take place at a new center in Union City, Calif., set up through co-investment, with construction starting in 2024 and full operation expected in 2025.
Valmet has signed an agreement with Graphic Packaging International to provide an operator training program including a site-specific Valmet Training Simulator for the Waco, Texas facility. The order was included in Valmet's orders received in Q4 2023, and the simulator delivery is planned for Q1 2025 with start-up scheduled for early 2026.
Simmons Equipment Company will invest $8.5 million to expand manufacturing operations into Russell County, Virginia, creating 75 new jobs to meet international demand for soft rock mining machinery.
AirX Climate Solutions acquired AboveAir Technologies, a specialty HVAC provider for data centers. AboveAir will become a new division, and ACS will invest in manufacturing capacity at AboveAir's new 100,000-square-foot facility in Frederick, Maryland.
CPI Aerostructures, Inc. has shipped the first Low Rate Initial Production 3 (LRIP 3) pod structure to RTX Corporation (Raytheon) under a $32.6 million contract for the Next Generation Jammer Mid-Band program. Deliveries are expected through mid-2025.
Walor International S.A.S., part of the FerrAl United Group controlled by Mutares, completed the acquisition of Hirschvogel Incorporated from Hirschvogel Holding GmbH. The company, based in Columbus, Ohio, will be renamed Walor North America Inc.
Vail Rubber Works, Inc. announced a major expansion into a new 70,000-square-foot facility in Royalton Township, Michigan, with an investment of $16,813,710. The company will relocate operations from St. Joseph to the new site.
Raymond West Intralogistics Solutions and Toyota Lift Northwest have integrated into a unified material handling entity, effective July 8, 2024. The combined company is projected to exceed $1 billion in revenue with over 1,600 employees.
EOS has signed a letter of intent with i3D MFG for the sale of twelve EOS M 400-4 metal 3D printing systems, one of the largest single metal AM investments in North America. Deliveries are scheduled during 2024-2026.
DuPont has announced a plan to separate into three separate publicly traded companies over the next 18-24 months, subject to conditions including board and regulatory approvals.
Mitra Chem and Sun Chemical have formed a joint project to develop the first iron phosphate mass production capability in North America, co-located with Mitra Chem's lithium iron phosphate (LFP) production.
Formosa Laboratories, a Taiwan-based API supplier and CDMO, has completed the acquisition of SynChem, a contract research laboratory located in suburban Chicago. SynChem will now operate as SynChem-Formosa.
Under a new North American partnership, Australia's Synergen Met will offer its foam fractionation and thermal plasma technologies for PFAS capture and destruction, while Yokogawa Corporation will provide sensor, control and remote access technology for autonomous operations.
HPUSA, in collaboration with Topfibra, has begun installing the first phase of its second E-CFW line in Texas, USA. The expansion of GRP pressure pipe production capacity is expected to be operational by October 1, 2024.
Sila Services has acquired Gary & Sons, a heating and cooling company in Falls Creek, Pennsylvania, strengthening its HVAC services in the Mid-Atlantic region.
Trafigura and its joint venture partner Frontier Group of Companies have completed the acquisition of the 808MW Mountain Creek gas-fired power plant in Texas from a group of financial investors for an undisclosed sum.
Nano Dimension Ltd. has entered into a definitive agreement to acquire all outstanding shares of Desktop Metal, Inc. in an all-cash transaction valued at approximately $183 million, or $5.50 per share.
Hood Container Corporation agreed to buy the packaging assets of Independent II, LLC, including its corrugated, design and manufacturing operations in Louisville, Kentucky. The transaction is expected to close in the near future.