King County Wastewater Treatment Division selected Jacobs for program management and consulting services for over $800 million in infrastructure upgrades at the South Treatment Plant in Renton, Washington. The initial contract is $13 million.
The FAYAT Group acquired a controlling interest in Asphalt Drum Mixers (ADM), a manufacturer of asphalt plants based in Huntertown, Indiana. The acquisition strengthens FAYAT's position in the North American road construction equipment market.
Armstrong International broke ground on a 29,000-square-foot expansion of its Three Rivers manufacturing campus, funded in part by a $5.08 million U.S. Department of Energy grant. The expansion will produce industrial heat pumps and create 27 full-time jobs.
onsemi completed the acquisition of SWIR Vision Systems, a provider of colloidal quantum-dot-based short wavelength infrared technology. The acquisition will enhance onsemi's intelligent sensing portfolio for industrial, automotive, and defense markets.
TD Power Systems Limited received an order worth USD 9.28 million for gas turbine generators from a major US OEM. The generators will be used in fracking wells and for power supply/backup for AI server farms in the US. Delivery is scheduled from January 2025 to August 2025.
Arkema agreed to acquire Dow's flexible packaging laminating adhesives business, with annual sales of about $250 million, at an enterprise value of $150 million. Bostik will combine the business with its existing flexible packaging presence; the business has manufacturing sites in Italy, the United States and Mexico.
Victaulic announced a $100 million expansion in Tioga County, Pennsylvania, adding a 150,000-square-foot foundry addition and a 60,000-square-foot CNC machine shop, with at least 214 new jobs. The Commonwealth of Pennsylvania is investing $1.5 million in the project, announced on 2 July 2024.
The U.S. Department of Commerce signed a non-binding preliminary memorandum of terms to provide up to $6.7 million in direct funding to Rogue Valley Microdevices under the CHIPS and Science Act. The investment would support construction of a MEMS and sensor foundry in Palm Bay, Florida, nearly tripling manufacturing capacity and creating over 75 jobs.
Kodiak, a supplier of chemicals for steel, automotive, energy, and aerospace industries, acquired Aztech Lubricants (Oklahoma) and Coolant Control Inc. (Cincinnati). The acquisitions expand Kodiak's product portfolio to include lubricants, metalworking fluids, and powder-based chemicals.
DAK Americas announced a new multi-million dollar Polyester Staple Fiber manufacturing facility at Port Bienville Industrial Park in Hancock County, Mississippi. The facility will produce 230 million pounds per year of PSF and create 86 new jobs.
Carlisle Companies Inc. acquired MTL Holdings, a provider of prefabricated edge metal systems, from GreyLion Partners for $410 million in cash.
Komatsu plans to build a 225,000-square-foot sales and service center for mining equipment in Mesa, Arizona, on 25 acres at the Mesa Ellsworth business park. The facility is expected to be completed in spring 2026.
Prysmian is investing $500 million in a new medium voltage cable production facility at Encore Wire's McKinney Campus in Texas, expected online in 2027, creating 120 new jobs.
Ramco Innovations and Sukup Manufacturing Co. have partnered to form Sukup Innovations, a new entity that will develop products starting with Synk, a bin monitoring solution for grain storage management.
Oglethorpe Power Corporation acquired the 465-megawatt Walton County Power natural gas-fired combustion turbine generation facility in Monroe, Georgia, from Mackinaw Power Holdings, an affiliate of The Carlyle Group Inc. Financial terms were not disclosed.
The U.S. Department of Commerce announced preliminary terms to provide up to $6.7 million in CHIPS Act funding to Rogue Valley Microdevices for construction of a MEMS and sensor foundry in Palm Bay, Florida. The facility is expected to nearly triple manufacturing capacity and create over 75 jobs.
Komatsu announced a greenfield expansion in Mesa, Arizona, that will roughly triple the square footage of its existing site to increase sales and service capacity for customers in the Southwest.
Collins Aerospace, an RTX subsidiary, secured a $385.5 million contract from the Department of Homeland Security to provide sustainment engineering and technical support for U.S. Coast Guard aircraft avionics systems.
Air Hydro Power LLC acquired the assets of Baker Bohnert LLC, an industrial distributor specializing in expansion joint manufacturing for the power industry, adding 38 employees.
CommScope is preparing a $30.3 million expansion of its fiber optic cable-manufacturing plant in Catawba, North Carolina, which is already the largest hybrid-fiber-coax facility for broadband networks in the world.
Sonepar SAS has acquired Echo Electric Supply, a wholesale electrical distributor headquartered in Council Bluffs, Iowa, ranked in the top 30 of Electrical Wholesaling's 2024 North America distributors list.
American Resources Corporation's subsidiary American Metals LLC has executed a business combination agreement with Nasdaq-listed SPAC AI Transportation Acquisition Corp, valuing the combined company at $170 million. The new entity, Electrified Materials Corporation, will list on Nasdaq under ticker EMCO.
American Resources Corporation's subsidiary American Metals LLC executed a business combination agreement with AI Transportation Acquisition Corp, valuing the combined company at $170 million.
The U.S. Department of Defense awarded $23 million to Constellium Muscle Shoals LLC to add up to 300 million pounds of annual aluminum casting capacity in Muscle Shoals, Alabama.
Alfiniti, Inc., a manufacturer of drawn aluminum tube, has acquired Alabama Tube Corporation, the sole U.S. manufacturer of welded aluminum tube.
Liebherr Mining Equipment Newport News Co. will invest $72.3 million to expand its plant at the border of Newport News and Hampton, Virginia, creating 175 jobs. The facility manufactures industrial-scale mining trucks.
Hennig Power Protection purchased a second manufacturing building and is expanding it to increase capacity for generator enclosures, adding over 800,000 sq. ft. of manufacturing space. The expansion includes new fabricating equipment and 30 additional large cranes.
Rexa Inc, a maker of electronic components and industrial valves, plans a $33 million project including a 110,000 sq ft building on West Grove Street in Middleboro, relocating from West Bridgewater and creating 25 new jobs. The plan was presented to the select board on 1 July 2024.
Green Mechanical Construction, Inc. (GMCI) acquired HVAC Services, Inc., a residential and commercial HVAC company in south central Kentucky. The transaction was finalized on June 30, 2024. Both companies share common ownership.
NETFORM, a Torque Capital Group portfolio company, has completed its merger with Vickers Engineering Inc., a producer of precision-machined steel and aluminum parts for automotive and industrial markets. The merger was announced on June 28, 2024.
Staub Manufacturing Solutions won a multi-year contract for a large welded assembly used in the heavy truck market. To support the contract, the company invested in a new dual-station, two-robot weld cell.
Ground/Water Treatment & Technology, LLC (GWTT) acquired Carbonworks USA, LLC, a Florida-based provider of water treatment equipment and services. The acquisition expands GWTT's presence in the southeastern US.
Moog Inc. has been awarded a $160,000,799 firm-fixed-price contract by the Naval Supply Systems Command for repair of swashplates, elevators, and flaperons in support of the V-22 aircraft. Work will be performed in East Aurora, New York and Cherry Point, North Carolina, and is expected to be completed by June 2027.
J-POWER (Electric Power Development Co.) has decided to sell its 50% stake in Green Country Energy, a 795 MW gas-fired power plant in Oklahoma, to Public Service Company of Oklahoma. The sale is expected to close by June 2025.
Viega is building a $200 million, 180,000 square foot manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, expected to be operational in early 2025. The plant will expand its North American production.
Haynes International announced that CFIUS clearance has been obtained for its planned merger with North American Stainless, a subsidiary of Acerinox. The merger remains subject to regulatory approvals in the UK and Austria, and is expected to close in Q4 2024.
Nokia announced a definitive agreement to acquire Infinera for $6.65 per share, valuing the company at an enterprise value of $2.3 billion. The deal is expected to close in 2024 and be accretive to earnings by 2027.
Shape Corp., a tier 1 automotive supplier, has opened a second facility in Tanner, Alabama, a $74 million investment. The 202,306-square-foot plant will produce lightweight aluminum and steel crash management and structural components, creating over 100 new jobs.
NEXGEL's subsidiary CG Converting and Packaging announced it will supply SilverSeal, a hospital-grade hydrogel wound dressing, to Cintas Corporation for distribution to Cintas' customers. The first order is expected in Q4 2024.
Nordex Group will restart nacelle production at its West Branch, Iowa facility, with recruitment and training starting in H2 2024 and production ramp-up in H1 2025. Capacity is planned to exceed 2.5 GW annually, creating new jobs.
Lockheed Martin Aeronautics received a $520.4 million contract modification for F-16 Block 70/72 Viper Shield electronic warfare suite production for Foreign Military Sales to Bahrain, Bulgaria, Morocco, Slovakia, and Taiwan. Work is expected to be completed by June 30, 2028.
DEUTZ AG, through its subsidiary DEUTZ Corporation, signed an agreement to acquire all shares of Blue Star Power Systems, Inc., a genset manufacturer based in North Mankato, Minnesota. The acquisition aims to establish a new business unit for decentralized energy supply.
WestRock broke ground on a highly automated corrugated box plant in Pleasant Prairie, Wisconsin, a $140 million project with more than 580,000 square feet, expected to open in April 2025. The plant is one of WestRock's superplants and will lead to the closure of a North Chicago, Illinois facility.
Impel Company, backed by Pike Street Capital, acquired Don Pedro Pump, a family-run fluid management and pump provider in Turlock, California. The deal was announced on 27 June 2024.
Shape Corp. celebrated the opening of a 202,000 square-foot plant in Southpoint Industrial Park, Limestone County, Alabama. The $74 million facility will produce lightweight aluminum and steel crash management and structural components for automobiles.
Heater Specialists LLC acquired the fabrication business of ParFab Industries in Inola, Oklahoma. The acquisition adds a 100-acre site with 170,000 sq. ft. facility to Heater Specialists' existing Tulsa operations.
Liebherr Mining Equipment will invest $72.3 million to expand its mining equipment facility in Newport News and Hampton, Virginia, creating 175 new jobs. The state of Virginia is providing a $1.5 million grant from the Commonwealth's Opportunity Fund.
SunOpta completed a $26 million expansion at its Modesto, California facility, adding an oat extraction production line that increases oatmilk production capacity by over 60% and created 17 new jobs.
Boeing secured a $211 million delivery order from the U.S. Navy to supply flight control surface spares for F/A-18 E/F and E/A-18G aircraft, with work in Hazelwood and St. Louis, Missouri through July 2032.
EXAIR, a maker of engineered compressed air products, has acquired spray nozzle maker BETE under a definitive merger agreement announced June 26, 2024. The companies plan to combine product lines and distribution networks.