Samsung Electronics and Lennox agreed to form a joint venture, Samsung Lennox HVAC North America, to sell ductless HVAC systems in the U.S. and Canada. Samsung will own 50.1% and Lennox 49.9%. The joint venture is expected to be operational in the second half of 2024.
Gifu Plastics Industry announced it will construct a new factory in Indiana, USA, for its subsidiary RISU AMERICA. The company plans to invest approximately $60 million over six years, with operations scheduled to begin in June 2025.
Thuasne, a global medical device company, acquired Corflex Global, a US specialist in orthopedic bracing, to strengthen its presence in the US market.
Honeywell is expanding its Lupine Avenue plant in Baton Rouge, Louisiana, to double capacity for manufacturing asthma inhalers and increase production of low-global-warming-potential refrigerants. The expansion costs about $72 million and will create 13-20 jobs.
Feedall Automation announced the acquisition of RoboShop Inc., a robotic automation company based in Syracuse, New York, to expand its product line in conveyors, universal flex feeders and part feeder machines.
AqueoUS Vets signed an agreement with MISCOwater, a United Flow Technologies company, to expand its manufacturers' representation network in the western US mountain region, covering Colorado, Idaho, Montana, New Mexico, Utah, and Wyoming.
Welspun Living is setting up a greenfield pillow manufacturing plant in Ohio, USA, with an initial capacity of 6.7 million pillows and an investment of USD 50 million. The plant is expected to be operational by September 2024.
Samsung Electronics and Lennox are establishing a joint venture, Samsung Lennox HVAC North America, to sell ductless and VRF systems in Canada and the U.S. Samsung will own 50.1% and Lennox 49.9%.
Nordson Corporation has entered into a definitive agreement to acquire Atrion Corporation, a leader in medical infusion fluid delivery and cardiovascular solutions, for $460.00 per share in cash. Atrion is headquartered in Allen, Texas.
Samsung and Lennox signed an agreement to form a joint venture, Samsung Lennox HVAC North America, to sell ductless AC and heat pump products in the United States and Canada. Samsung owns 50.1% and Lennox 49.9%.
Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, acquired S&W Services, Inc., a petroleum service and inspection provider based in Syracuse, New York, adding locations in Syracuse, Rochester and Glen Burnie, Maryland.
Motion has announced a definitive agreement to acquire Allied Circuits, an electrical and automation product manufacturer based in Buffalo, New York. The deal is expected to close by the end of the month.
Gerresheimer is expanding its Peachtree City, Georgia site in two stages, investing around USD 180 million. The expansion will add 18,000 m² of production space and create over 400 jobs.
Doosan Enerbility will supply reactors, steam generator tubes and other main components for Nuscale Power's $37 billion SMR construction project in the US. The supply volume is reported to exceed 2 trillion won.
Watson-Marlow Fluid Technology Solutions opened its North American headquarters and first US manufacturing facility in Devens, Massachusetts, a 150,000 square foot site expected to create about 150 jobs.
MRPC, a contract manufacturer of medical device assemblies, completed a $2 million renovation project at its Butler headquarters, adding a new cleanroom with HEPA-filtered air and automation equipment.
Quaker Windows and Doors announced a $30 million expansion of its Eldon, Missouri manufacturing facility, adding 300,000 square feet and creating 220 new jobs. The expansion includes a vertical paint line and increased insulating glass and tempering capabilities.
Mobase Electronics plans to build a manufacturing plant in the US within the next two to three years to supply Hyundai Motor Group.
Syre, a textile recycling company, acquired North Carolina-based Premirr Plastics and announced a $100 million Series A funding round led by TPG Rise Climate. The acquisition integrates Premirr's polyester recycling technology.
The U.S. Department of Commerce announced a $75 million investment to help build a factory in Covington, Georgia, making glass substrates for semiconductor packaging. Absolics, part of South Korea's SK Group, will spend over $300 million on the first phase and plans to hire 300 workers. Construction is underway, with production expected to increase in 2025.
Air Products Membrane Solutions announced a $70 million investment to expand its manufacturing and logistics center in Maryland Heights, Missouri. The new facility is expected to be in production by the end of 2025 and will add 30 new jobs.
Yokogawa Corporation of America and Synergen Met Limited announced a partnership to provide PFAS remediation technology in North America, combining Synergen Met's foam fractionation and thermal plasma with Yokogawa's sensor and control technology.
IPS Weld-On acquired E-Z Weld, a manufacturer of solvent cements, primers, and cleaners based in Riviera Beach, Florida, serving retailers and plumbing wholesalers in the US and exporting to over 50 countries.
First Quality announced a $418 million expansion at its Macon, Georgia facility to increase diaper and training pant capacity by 50% and create 600 new jobs.
Columbia Chemical and Alufinish announced a cooperation to combine sales and service capabilities for surface treatment processes for aluminium alloys on the US market.
Westlake Pipe & Fittings announced on 23 May 2024 plans to add a 190,000 sq ft facility at its existing Wichita Falls, Texas site to manufacture molecular-oriented PVC (PVCO) pipe. Construction is slated to begin by the end of 2024.
X-FAB and Soitec have announced a partnership to offer Soitec's SmartSiC silicon carbide wafers for production of power devices at X-FAB's plant in Lubbock, Texas. The collaboration follows a successful assessment phase and includes a joint supply chain consignment model.
LSB Industries has entered into a 5-year agreement to supply up to 150,000 short tons per annum of low carbon ammonium nitrate solution to Freeport Minerals Corporation, starting January 1, 2025. The product will be supplied from LSB's El Dorado, Arkansas facility.
Safran Electrical & Power signed an agreement with Bell Textron to provide advanced high-voltage starter-generator systems for the U.S. Army's Future Long Range Assault Aircraft (FLRAA) program. Design and development will occur at Safran's centers in Twinsburg, Ohio, and Sarasota, Florida.
DuPont announced a plan to separate into three distinct, publicly traded companies: Electronics, Water, and New DuPont (a diversified industrial company). The separations are intended to be tax-free to shareholders.
Pratt & Whitney, a division of RTX Corp., was awarded a maximum $9,272,175 firm-fixed-price delivery order by the Defense Logistics Agency for F100 engine case diffusers. The delivery order end date is December 31, 2027.
White Cap, a distributor of specialty construction supplies, has acquired WWJ Rebar, a provider of customized reinforcing steel solutions based in Aiken, South Carolina, serving projects across Georgia and South Carolina.
Eastern Metal Supply, a portfolio company of Wynnchurch Capital, has acquired Eagle Metal Distributors, an Orlando-based distributor of aluminum products and patio screens. Eagle was founded in 2004.
Vancouver-headquartered Wildpack Beverage agreed to acquire Michigan-based Land & Sea Packaging for US$37.3 million, with all employees transferring to Wildpack. Land & Sea brokers about 90 million aluminium cans a year.
Grand River Dam Authority broke ground on a 426MW natural gas-fired simple-cycle project in Chouteau, Oklahoma. Black & Veatch will provide engineering, procurement support and construction management under a shared-risk contract.
Armstrong broke ground on a new manufacturing facility in Three Rivers, Michigan, to produce heat pumps for food and beverage, pharmaceutical, paper, and personal care industries.
Medical Component Specialists acquired an 18,000-square-foot facility in New Boston, New Hampshire for Nitinol manufacturing, and plans to expand it to 50,000 square feet by end of 2024.
Celina Aluminum Precision Technology is investing nearly $60 million in new machinery and infrastructure at its facility in Ohio, which could enable future growth and bring new jobs.
Valmet designed, manufactured and installed a FANUC M-900iB/360 robot arm to clean recovery boiler smelt spouts at Pixelle's Spring Grove, Pennsylvania facility, the first such deployment in North America for the pulp and paper industry.
PPG Industries will invest $300 million to boost manufacturing capabilities in North America, including construction of a new manufacturing facility in Loudon County, Tennessee.
The Grand River Dam Authority (GRDA) broke ground on the Grand River Energy Center Unit 4, a 426-megawatt advanced J-class natural gas-fired combustion turbine project near Chouteau, Oklahoma. Black & Veatch is providing engineering, procurement support and construction management. The unit is expected to be completed in 2026.
CFT secured a contract to design and build a turnkey fruit processing line for apples, pears and peaches at Pacific Coast Producers' Lodi, California facility. The line will process 25 tons per hour of apples and pears, and 15 tons per hour of peaches.
ModuleWorks, a provider of toolpath generation and simulation technology, announced the acquisition of Celeritive Technologies, developer of VoluMill, on May 21, 2024.
WinTech of Missouri has acquired Pocahontas Aluminum Company, a window and door manufacturer based in Pocahontas, Arkansas. The company will continue to operate under its existing brand.
Carolina Nonwovens announced a new manufacturing line in Fostoria, Ohio, with a $4 million investment. The plant will be operational by Q3 2024 and target automotive, construction, bedding and appliances.
As part of the $300 million investment, PPG will enhance and expand activities at its existing facilities in Cleveland, Ohio and San Juan Del Rio, Mexico, with new equipment and processes to increase manufacturing efficiencies.
PPG will invest $300 million in advanced manufacturing in North America, including building a new 250,000-square-foot paint and coatings plant in Loudon County, Tennessee. The facility will employ 130 people and produce over 11 million gallons annually, with construction starting August 2024 and completion expected in 2026.
Flottweg Separation Technology Inc. celebrated the grand opening of a 15,000-square-foot warehouse expansion at its existing campus in Boone County, Kentucky. The $1.75 million investment created 12 high-wage jobs and will accommodate increased parts manufacturing.
Central Moloney, Inc. (CMI), a portfolio company of Wind Point Partners, acquired Cam Tran Co. Ltd., the largest Canadian manufacturer of distribution transformers. The combined company will employ about 1,000 people and operate eight facilities across North America.
Air Industries Group received a $2.4 million order for spare landing gear assemblies for the E-2C Hawkeye aircraft. Deliveries are expected in 2026 through 2027.