Swafford-Kientzy Machine & Fabrication will expand in Troy, Missouri, investing over $250,000 and creating 4 new jobs. The expansion includes new equipment to meet increased demand.
Elite Tool will expand at a new location in Moscow Mills, Missouri, investing $30 million and creating 32 new jobs. The new 120,000-square-foot facility will increase efficiency.
Taihan Cable & Solution Co. has secured 130 billion won ($94 million) in power grid orders in the United States, including a turnkey contract to supply extra high voltage cables for a semiconductor plant in New York and medium/low voltage cable deals for infrastructure projects in Los Angeles.
Boston Scientific agreed to acquire Silk Road Medical, a medical device company focused on stroke prevention via the TCAR procedure, for $27.50 per share, enterprise value of approximately $1.16 billion.
Packaging manufacturer Berkley announced the acquisition of family-owned corrugated sheet plant Sisco Corporation, based in Nashville, Illinois, to expand its in-house corrugated manufacturing.
HVAC equipment distributor JMP will consolidate its Greensboro operations into a new facility in Guilford County, North Carolina, investing $30 million and creating 40 jobs over five years.
Crown Equipment is expanding its operations in Kinston, North Carolina, by renovating a 255,000-square-foot vacant building. The project represents a $13.2 million investment and is expected to create more than 130 jobs.
Anduril Industries announced a new manufacturing facility at Quonset Point, Rhode Island, to produce its Dive-LD family of autonomous underwater vehicles. The 100,000-150,000 sq ft facility will enable production of over 200 AUVs per year and create more than 100 jobs, with opening planned for 2025.
Epiroc has agreed to acquire the remaining 66% of ASI Mining, a US-based autonomous mining solutions company. Epiroc already owned 34% since 2018. The acquisition requires regulatory approval.
EBNER GROUP has increased its stake in GNA alutech inc. to 100%, completing the full acquisition. GNA is a provider of aluminum melting and holding furnaces, homogenizing and annealing furnaces, and cathode sealing equipment.
Gensco Inc. announced a $55 million facility project in Salem, Oregon, totaling 479,000 square feet and generating 50 new jobs making sheet metal. Scannell Properties broke ground on the new plant last November.
Boom Supersonic completed construction of its Overture Superfactory at Piedmont Triad International Airport in Greensboro, North Carolina. The factory will produce the Overture supersonic airliner, with initial capacity of 33 aircraft per year, valued at over $6 billion. The project is expected to create 2,400 jobs over 20 years.
Stellant Systems Inc. announced that its Power Systems Technology business was awarded $8 million in multiple contracts from major domestic prime contractors for high-power Solid-State Power Amplifiers. Production will be performed at Stellant's facility in Melville, New York.
General Dynamics subsidiary Bath Iron Works received a potential five-year, $1.13 billion contract from the U.S. Navy for planning yard support services for DDG 51 Arleigh Burke-class destroyers. Work will be performed in Bath, Maine through July 31, 2029.
Packaging equipment maker Formost Fuji Corp. celebrated the opening of its new expanded facility in Everett, Washington, purchased in January 2023 and transitioned in August 2023, with potential to double manufacturing area.
Amber Wave's greenfield wheat protein facility in Kansas, the largest wheat gluten facility in North America, was launched with help from Kice Industries. The plant produces 2.75 million pounds of flour per day.
Weaver Popcorn Manufacturing plans a multiyear investment of over $22 million to expand its Van Buren, Indiana campus with new packaging, food processing technology and production lines, creating 45 jobs.
Tri Star Metals and Aubert & Duval established an exclusive North American distribution agreement for high-performance steel grades, including ARMAD, for defense applications. The agreement was announced on June 14, 2024.
Engineered Materials Solutions LLC (EMS), part of the Wickeder Group, acquired Thin Metal Parts LLC (TMP), a Colorado Springs-based manufacturer of precision micro-components for defense, aerospace, medical and audio markets.
PPG Architectural Finishes Inc. was awarded a $17,842,103 indefinite-delivery/indefinite-quantity bridge contract by the Military Sealift Command to provide paints, coatings, solvents, preservation products and engineering services worldwide.
Nycote Laboratories Corporation purchased a modern detached industrial building in Santa Clarita, California to serve as its new headquarters, expanding its research and development, manufacturing, and administrative operations.
Allied Air is set to launch an extensive range of equipment using the refrigerant R-454B, which has a GWP of 466, about 78% lower than that of R-410A.
Industrial Fabrics, Inc. is investing $8 million to build a new production facility in Pointe Coupee Parish, Louisiana, to manufacture geotechnical products for erosion control. Construction has begun and is expected to be complete in June 2025, creating 25 direct new jobs.
Positron Corporation has secured exclusive rights to sell and distribute the NeuSight PET-CT 64 slice scanner in North America through an agreement with Neusoft Medical Systems' subsidiary Shenyang Intelligent Neuclear Medical Technology Co. The scanner has FDA clearance and will be introduced to the US market in July 2024.
LynTec, a subsidiary of Chauvet, has acquired Juice Goose, a maker of power distribution, conditioning, and control equipment for the commercial AV market. The acquisition expands LynTec's power solutions portfolio.
Sharps Technology received a signed $30 million purchase order from Nephron Pharmaceuticals for 10mL and 50mL specialty copolymer prefillable syringes, covering the first 12 months of a five-year, $200 million sales agreement. The syringes will be manufactured at the West Columbia, South Carolina site being acquired from Nephron.
Samsung announced at its Foundry Forum 2024 that its SF2Z 2nm process with backside power delivery will be ready for mass production in 2027, and its SF4U 4nm process will enter mass production in 2025.
Arthrex received a five-year, $471 million indefinite-delivery/indefinite-quantity contract from the Defense Logistics Agency to supply orthopedic procedural packages and supplies to U.S. military and government customers.
Prodomax, a Jenoptik Group company, received orders worth over €17 million from Tier 1 automotive suppliers for automated welding systems for steel structural assemblies, including for a new EV platform in North America. Deliveries to customers in the US and Mexico will start in Q2 2025 and be completed by Q4 2025.
The U.S. Defense Department awarded GE Aerospace a $1.1 billion multiyear contract on June 12, 2024, for up to 950 T700 turbine engines and 300 containers, with production at GE's Lynn, MA facility and completion by June 13, 2029.
General Electric was awarded a $1,128,042,359 firm-fixed-price contract by the U.S. Army for T700 series turbine engines. Work locations and funding will be determined with each order, with an estimated completion date of June 13, 2029.
Laurel Machine & Foundry is expanding its manufacturing services in Laurel, Mississippi, with a $3,140,500 investment to build a 20,000-square-foot machining facility and a 7,500-square-foot warehouse, creating at least seven jobs. The expansion is expected to be completed within one year.
RGF Environmental Group acquired Southeast Coating & Fabrication, a Florida powder coating company, to enhance its vertical manufacturing capabilities. The acquisition will bring powder coating production in-house at RGF's West Palm Beach facility.
Liberty Lane Partners, with St. Cloud Capital, acquired Superior Huntingdon Composites, a manufacturer of fiberglass reinforcements and veils for advanced composites, from Stonewood Capital Management. The deal positions Superior Huntingdon for growth in composite applications.
TRANSTEX acquired DClimate Inc., a manufacturer of electric auxiliary power units (eAPUs) for trucks, to expand its product portfolio in fleet efficiency and driver comfort solutions.
Advanced Polymer Coatings launched TriFLEX, a new exterior coating system for rail cars, developed with global chemical sector leaders and rail operators.
Soleno is constructing a new plant in Saratoga, New York, with a $22 million investment. The plant will produce KUSTOMFLO large-diameter HDPE pipes for water management, using Krah Pipes technology. Construction has begun and the plant is expected to open later in 2024.
Technical textiles business Wilkie has acquired Bradford Coatings, based in Lowell, Massachusetts, marking its first expansion into North America. The deal adds around $8 million to Wilkie's revenue and includes 25 employees.
Planet Innovation was awarded a manufacturing contract in mid-2023 to produce 1,000 diagnostic instruments per month for a global diagnostics client at its Irvine, California facility. The production line is already operational.
Positron Corporation has entered an agreement to acquire the FDA 510(k) clearance for the NeuSight PET-CT imaging system from Neusoft Medical Systems' subsidiary Shenyang Intelligent Neuclear Medical Technology Co. The deal value was not disclosed.
Hyosung Heavy Industries will invest 100 billion KRW to expand its ultra-high-voltage transformer plants in Memphis, USA and Changwon, Korea, raising total UHV transformer capacity by about 40%, with Memphis capacity doubling.
Precision Pulley & Idler (PPI) acquired Continental Global Material Handling, a bulk material handling manufacturer based in Winfield, Alabama.
Phase 1 of the Sand Island Wastewater Treatment Plant secondary treatment installation is underway, a $417 million project treating 20 million gallons per day, with completion on track for 2026.
Takeda announced a $230 million investment to expand production capacity for plasma-derived therapies at its Los Angeles manufacturing site, creating over 125 new long-term jobs.
Staub Precision Machine Inc. broke ground on a 60,000 square foot manufacturing facility on its existing campus in Hamburg, New York. Construction started in Q1 2024 with completion targeted for Q1 2025.
R.E. Carroll Inc., a specialty chemical distributor, announced the acquisition of ChemRep Inc., effective June 5, 2024. ChemRep, based in Wood Dale, Illinois, is a regional distributor of products for the rubber manufacturing industry and will operate as a subsidiary of R.E. Carroll.
Capital Extension Crane & Lift acquired Long Island Crane & Rigging, a crane rental and rigging company based in Westhampton Beach, New York. The deal value was not disclosed.
New Pendulum Corporation acquired Bardot Plastics Inc., a custom injection molding company based in Easton, Pennsylvania, to expand its plastics manufacturing capabilities.
Ovivo entered into an exclusive license agreement with Evocra to offer Evocra's ozone foam fractionation technology for PFAS removal, combined with Ovivo's electrochemical oxidation technology, for the North American water treatment market.
Clarios broke ground on a $16 million expansion of its manufacturing plant in Oconee County, South Carolina, to increase production of components for AGM batteries. The expansion will create 12 new jobs.