Sunbelt Solomon Services acquired Valley Transformer, Inc., a provider of transformer repair and reconditioning services in the Pacific Northwest. The acquisition adds a location in Otis Orchards, Washington, and expands Sunbelt Solomon's service capabilities.
Wunderlich-Malec Engineering has broken ground on a 61,000 square foot manufacturing facility in Baldwin, Florida to support its Modular Electrical Control Enclosure and Skid Fabrication business. The facility is expected to be completed this year.
Nucor, the largest U.S. steel producer, acquired Rytec Corporation, a commercial door manufacturer, for $565 million in an all-cash transaction. Rytec makes rigid rolling doors and fabric doors for various applications.
TSM Metal Works will invest $500,000 and create 20 jobs in a new 30,000-square-foot metal fabrication facility in Crossville, Cumberland County, Tennessee. It is the company's first out-of-state expansion.
Winholt Equipment Group's new Florida manufacturing facility, its fourth in the U.S., is set to open in July 2024. It will add manufacturing and supply chain capacity in the Southeast.
Mitsubishi Electric made a lead strategic investment in Realtime Robotics' Series B round. Realtime Robotics develops autonomous motion planning for industrial robots. Mitsubishi Electric will add a senior representative to the board.
CooperSurgical acquired ZyMōt Fertility, a subsidiary of DxNow, Inc., which commercializes a sperm separation device for assisted reproductive technology. The acquisition adds to CooperSurgical's fertility products and services portfolio.
Anduril Industries is investing more than $75 million to expand its solid rocket motor production facility in McHenry, Mississippi. The expansion will increase annual production capacity from 600 to over 6,000 tactical-scale solid rocket motors and create more than 60 jobs by December 2024.
Röhm has significantly expanded production capacity of specialty PMMA molding compounds at its Wallingford, Connecticut plant in June 2024. The expansion was achieved by modifying an existing production line to meet increasing global demand.
Blackford Capital, through its PACIV Industrial Automation platform, has acquired Eight12 Automation, an automation and controls engineering leader based in Southern California. This is the second add-on to the platform in 12 months, following the acquisition of Data Science Automation in January 2024.
Surmodics has been awarded a group purchasing agreement for thrombectomy products with Premier, Inc., effective June 1, 2024. The agreement allows Premier members to access special pricing for Surmodics' Pounce and Pounce Venous Thrombectomy Systems.
Vishay Intertechnology acquired Ametherm, a leader in inrush current limiters and sensing thermistors, for approximately $31.5 million in cash.
Cognizant announced it has signed a definitive agreement to acquire Belcan, a portfolio company of AE Industrial Partners, for approximately $1.3 billion in cash and stock. The acquisition will strengthen Cognizant's engineering capabilities and establish a leadership position in the aerospace and defense market.
Kraus-Anderson Construction completed an 89,856-square-foot expansion of Menasha Packaging's facility in Pelahatchie Industrial Park, Mississippi. Menasha, which invested $79 million in the project, will add 21 jobs to its 95 existing employees.
Sopakco, Inc. notified N.C. Commerce and Scotland County it is delaying its planned $85 million processing and packaging facility and 440 new jobs, citing market conditions and cost increases.
Hudson Technologies acquired substantially all assets of USA United Suppliers of America, Inc. d/b/a USA Refrigerants for $20.7 million, with up to $2 million in earnout payments.
KARL STORZ Endoscopy-America, a subsidiary of KARL STORZ SE & Co. KG, will acquire all outstanding shares of Asensus Surgical for $0.35 per share in cash. The transaction is expected to close in Q3 2024.
SupplyOne, a Wellspring Capital portfolio company, has acquired Columbia Corrugated Box Co., which operates in Oregon, Washington and Northern California. Footprint Capital acted as exclusive sell-side advisor. The deal was announced June 2024.
Briolf Group, a Spanish coatings and adhesives company, announced plans to invest over $30 million in its first US production plant in Monroe, North Carolina. The project will create 100 direct jobs and is expected to start production in about two years.
Emerson announced it has entered into a definitive agreement to sell its remaining 40% common equity ownership in the Copeland joint venture to private equity funds managed by Blackstone for a transaction value of approximately $3.5 billion. The deal is expected to close in the second half of 2024.
Briolf USA LLC, subsidiary of Spanish group Briolf, will build its first U.S. manufacturing facility in Monroe, Union County, North Carolina. The company will invest $30.5 million and create 100 jobs.
CooperVision is expanding its facilities in Juana Diaz, Puerto Rico, with an investment of over $104 million and the creation of 725 new jobs. The expansion is financed by a $52 million loan from FirstBank, approved in June 2024.
Perry's Ice Cream completed an $18 million expansion at its Akron, New York facility, adding a 20,000-square-foot building and new machinery for extruded novelty production. The project created up to 15 new jobs.
TRESU announced an order from Zumbiel Packaging for an inline TRESU Flexo Innovator Dual ink Deck press, including service and spare parts agreements. The press will produce paperboard packaging.
SENNEBOGEN LLC held a groundbreaking ceremony in spring 2024 for a major expansion of its site in North Carolina, USA, adding 15,000 m² of floor space on a 145,000 m² site. The expansion includes training rooms, offices, and a demonstration area.
Toyota is expanding its Huntsville engine factory with a $282 million investment, adding new drivetrain product lines and creating over 350 jobs. Total investment in the plant now exceeds $1.7 billion.
Transtar Holding Co. has acquired PPi Automotive, a Pittsburgh-based automotive parts wholesale distributor. Terms were not disclosed.
GKN Aerospace announced plans to double F-35 canopy production capacity at its Garden Grove, California site, creating over 100 jobs. A customer investment of up to $150 million will support a new production line, to be completed by January 2027.
Sintavia, LLC has been awarded a contract by the U.S. Department of Defense to develop additively manufactured components for next-generation hypersonic propulsion systems under the GAMMA-H project.
Toyota Alabama is investing $282 million in Huntsville, Alabama to add new production lines, generating around 350 new jobs. Total investment in Toyota Alabama now exceeds $1.7 billion.
Manner Polymers is building a 100,000 square foot flexible PVC compounding plant in Mount Vernon, Illinois. The $54 million investment will create over 60 jobs, with production expected to start in fall 2025. The concrete foundation has been poured.
SOMAR North America Corp. is setting up a manufacturing facility in the former Pactiv building in the Polymer Alliance Zone Industrial Park in Davisville, West Virginia, to produce an epoxy resin product for the automotive sector. The company plans to initially hire 25 employees.
voestalpine acquired production facilities for rail fastening technology and sleeper production in the United States, expanding its global leadership in rail infrastructure. The acquisition was part of strategic projects launched in the business year ending March 31, 2024.
Parallel Ag, an AGCO dealership, merged with A.C. McCartney Equipment, including its five locations in Illinois. The merger was announced on June 4, 2024.
JCB held an official groundbreaking ceremony for a new 720,000 sq. ft. factory on a 400-acre site in San Antonio, Texas. The $500 million plant will manufacture Loadall telescopic handlers and aerial access equipment, creating 1,500 jobs over five years, with production scheduled to start in 2026.
Wieland has started construction on the Casting Unit 6 project, the first phase of a $500M modernization and expansion of its copper facility in East Alton, Illinois, to increase casting capacity and quality.
AFC Industries has acquired Meg Technologies Inc. (MTI), a distributor of fasteners to the aerospace industry. The terms of the transaction were not disclosed.
Sandvik has acquired PDQ Workholding LLC, a US-based company specializing in custom workholding fixtures and tooling for aerospace, automotive, and energy industries. PDQ will be reported in the Walter division within Sandvik Manufacturing and Machining Solutions.
Two Dayton-area mixer manufacturers, Peerless Food Equipment and Shaffer Manufacturing, are in the final stages of merging under the name Coperion, a Hillenbrand company. All operations are being consolidated at Peerless's Sidney, Ohio facility, combining both businesses under one roof.
SCI Engineered Materials entered into a five-year manufacturing agreement with Battle Sight Technologies to produce ColdFIRE photoluminescent powder for defense applications.
Wilkie Technical Textiles, a Scotland-based industrial materials company, has acquired certain product lines and an option to purchase a production facility from Bradford Shawsheen Coating Technologies (BSCT) in Lowell, Massachusetts. The transaction marks Wilkie's expansion into the United States.
Walter has completed the acquisition of PDQ Workholding LLC, a US-based company specializing in workholding fixtures and tooling for industries including automotive and general engineering. PDQ operates from two manufacturing sites in Indiana and Wisconsin.
Godwin Manufacturing Co. Inc. and Good Roads have won two five-year contracts from the North Carolina Department of Transportation to supply approximately 500 dump bodies and hoists and 500 snowplows.
Advanced Cooling Technologies won a contract worth over $6 million from NASA Kennedy Space Center to design, manufacture and test two Rollout Purge Units for the Mobile Launcher 2. The units will replace existing Mini Portable Purge Units.
Clearly Clean Products, LLC will build a new manufacturing facility in Greensboro, North Carolina, with a $24.9 million capital investment and at least 80 new jobs. The plant will nearly double its production capacity for recyclable plastic food trays.
Atlas Copco plans a $40 million expansion of its Voorheesville facility in Albany County, New York, adding a 64,438-square-foot building so it can custom build larger compressors. The plan was reported on 2024-06-04.
Hawkins, Inc. completed the acquisition of the assets of Intercoastal Trading, Inc., a distributor of water treatment chemicals and equipment serving Maryland, Delaware, and Virginia.
Edwards Lifesciences has agreed to sell its critical care products unit to Becton Dickinson in an all-cash deal valued at $4.2 billion. The unit develops and sells advanced blood and heart monitoring systems used in surgical and intensive care settings.
General Electric has received a potential 10-year, $438.6 million contract from the Defense Logistics Agency to provide workload augmentation and offload support for F-110 engine module supplies for the U.S. Air Force. Work is expected to conclude on Sept. 30, 2028.
RDO Equipment Co. has finalized the acquisition of Rocky Mountain Transit & Laser, expanding its construction technology solutions. The acquisition was announced on June 3, 2024.