Toyota Material Handling broke ground on May 29, 2024 on a new 295,000-square-foot manufacturing facility in Columbus, Indiana. The nearly $100 million plant will specialize in electric forklift production and create up to 85 jobs by end of 2026.
Collins Aerospace announced a $200 million expansion of its carbon brake factory on the West Plains in Spokane, Washington. The project will add about 70,000 square feet of manufacturing space and at least 50 new jobs.
Louisville Gas and Electric Company and Kentucky Utilities Company ordered a 7HA.03 combined-cycle plant from GE Vernova for the Mill Creek Generating Station in Louisville, Kentucky. The 645 MW plant will replace two aging coal units.
HASA, Inc. opened a new package product manufacturing facility in Dallas, Texas. This is the company's second greenfield production expansion in Texas in less than 12 months.
Cornerstone Foodservice Group (CFG) acquired Equipex, a manufacturer of cooking, holding, induction, ventless hood and display equipment. The acquisition includes SA Vents and Equipex will continue to operate from its facility in Providence, Rhode Island.
Kamstrup Water Metering opened its new North American headquarters and manufacturing facility in Forsyth County, Georgia, expanding into a 150,000-square-foot space at Forsyth Commerce Center in Cumming.
Western Farmers Electric Cooperative has ordered two GE aeroderivative units to replace steam turbines at its Anadarko Plant in Oklahoma, expected to deliver up to 350 MW from seven LM6000 gas turbines upon completion.
LG opened a new HVAC training academy in Massachusetts, providing lectures and hands-on laboratory experiences led by seasoned LG instructors.
Holcim US invested $11 million at its Hagerstown, Maryland plant to expand alternative thermal energy capacity to 45%, representing 58,000 tons per year of engineered fuel, with a ribbon cutting on May 17, 2024.
Air Industries Group received orders totaling $8.2 million from two customers for components used on UH-60 Black Hawk and H-92 Super Hawk helicopters. Deliveries are expected to begin in 2025.
Iberdrola signed an agreement to acquire the 18.4% minority stake in its U.S. subsidiary Avangrid for $35.75 per share, totaling approximately $2.551 billion. The transaction is subject to regulatory approvals.
HiSonic secured a 10-year long-term supply contract for secondary battery can-cap assembly materials for a global battery company's factory in the United States, reported on 17 May 2024. The contract is reported to be worth 30 to 40 billion KRW, and mass production is planned from July 2024.
Steris Corp. was added as an awardee to a multiple award contract for medical equipment and accessories for the Defense Logistics Agency Electronic Catalog, valued at $48 million.
Platform NewCo Plastics acquired the Magenta Group of companies, which includes Permian Plastics LLC of O'Fallon, Mo.
Western Farmers Electric Cooperative (WFEC) ordered two GE Vernova LM6000VELOX aeroderivative packages to replace aging steam turbines at its Anadarko Plant in Oklahoma, expanding capacity to 350 MW.
Caterpillar announced a $90 million investment to prepare its Schertz and Seguin, Texas facilities to produce the new Cat C13D industrial engine, creating 25 jobs at Schertz starting in 2026.
SeAH Besteel Holdings and SeAH CSS will jointly invest approximately KRW 213 billion to establish SeAH Superalloy Technology in the US and build a 6,000-tonne-per-year special alloy production plant, scheduled for completion in 2026.
Dow and Freepoint Eco-Systems announced a supply agreement for 65,000 metric tons per year of certified-circular pyrolysis oil from plastic waste. Freepoint will build an advanced recycling facility in Arizona, and Dow will be the sole offtaker for phase one, starting as early as 2026.
Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.
Genpak LLC expanded and reopened its renovated 400,000-square-foot Hope Hull manufacturing facility in Montgomery, Alabama, investing $22.8 million and adding 155 jobs to its existing 145 employees. The reopening was reported on 16 May 2024.
Dow and Freepoint Eco-Systems agreed a supply deal for an estimated 65,000 metric tons per year of certified-circular pyrolysis oil from a planned Arizona advanced recycling facility, to be used in Dow's US Gulf Coast operations from as early as 2026.
Motion Industries signed a definitive purchase agreement to acquire Allied Circuits, an electrical and automation firm. The transaction is expected to close in May 2024.
Eagle Materials Inc. announced a $430 million investment to modernize and expand its Laramie, Wyoming cement plant, increasing capacity by 50% to 1.2 million tons per year, with startup scheduled for second half of 2026.
ALFAB Inc. was awarded a U.S. military contract worth up to $59.2 million to produce aluminum landing mats for the Army, Navy, Air Force and Marine Corps. The contract was announced by the Department of Defense on May 15, 2024.
Lockheed Martin Aeronautics Co. received a $79,068,833 cost-plus-fixed-fee contract from the U.S. Navy to procure diminishing manufacturing sources parts for F-35 aircraft production and sustainment. Work will be performed in Fort Worth, Texas, and is expected to be completed in December 2024.
BAE Systems' FAST Labs was awarded a $12 million contract by DARPA for the THREADS programme, which aims to develop technologies for heat removal in microelectronics at the transistor scale.
Nammo announced plans to expand its existing manufacturing facility in Perry, Florida, adding 320 acres and 10 new buildings. The expansion will create approximately 200 new full-time jobs and is expected to open in 2027.
Owens Corning completed its acquisition of Masonite International Corporation, a leading global provider of interior and exterior doors and door systems, for approximately $3.9 billion.
The Ziegenfelder Company broke ground on a $46 million manufacturing facility in Lockhart, Texas, expected to create more than 100 jobs and increase production capacity for frozen treats such as Twin Pops.
Curtiss-Wright was awarded contracts valued above $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, with work running through 2029.
Curtiss-Wright was awarded contracts valued in excess of $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class programs, with work running through 2029.
HG Automation announced it has acquired Treva Automation, a leader in controls applications, mechanical design and build, software development, and integration services for automated solutions. Treva is headquartered in Lake Orion, Michigan.
Oshkosh Corp. has entered into a definitive agreement to acquire AUSACORP S.L. (AUSA), a manufacturer of wheeled dumpers, rough-terrain forklifts, and telehandlers. AUSA will become part of the Oshkosh Access segment.
Cardio Partners, a division of Sarnova, has finalized its acquisition of One Beat Medical & Training, a distributor of AEDs and CPR training services, expanding its emergency readiness solutions.
Principle Business Enterprises is investing to double production capacity of absorbent products for the plus-size community at its facility in Dunbridge, Ohio, with completion expected in 2025.
John Deere will invest about $70 million to build a new 380,000-square-foot factory in Kernersville, North Carolina, to produce small 6-10 metric ton excavators, adding about 150 jobs.
KCC Corporation has fully acquired Momentive Performance Materials, a global silicones and specialty solutions company, resulting in the exit of minority shareholder SJL Partners.
Ascend Performance Materials and PolySource have entered into a North American distribution agreement for Ascend's full portfolio of engineered nylons, including Vydyne, Starflam, HiDura, and ReDefyne.
Ultimate Linings has opened a new 302,000-square-foot facility in Lebanon, Tennessee, housing an innovation center, corporate office, and manufacturing unit for polyurea chemistry. It has a production capacity of about 100 million pounds per year on a single shift.
SRC of Lexington Inc. is expanding with a new manufacturing facility in Fayette County, Kentucky, investing $15.3 million and creating 60 new jobs. The project began in March 2024 with facility purchase and renovations, with a multiphase move planned in 2025.
EAM-Mosca opened its $20.6 million expansion of its Hazle Township, Luzerne County manufacturing operation, growing its footprint from 165,000 to 283,000 square feet and creating over 50 jobs.
Stereotaxis has struck a deal to buy Access Point Technologies (APT) for an undisclosed sum, to gain robotically steered diagnostic catheter capabilities for its cardiovascular robots. APT is expected to contribute around $5 million in sales in the first year post-acquisition.
A venture of Republic Services and Ravago, called Blue Polymers, is building a $95 million, 165,000-square-foot recycling center in Buckeye Industrial Park, Arizona. The plant will process 75 million pounds of materials per year and create about 60 jobs, with operations expected to begin in the second half of 2025.
ACEN International Inc. approved the acquisition of the 165.6 MW Hackberry wind project in Shackelford County, Texas, through its US joint venture UPC Power Solutions LLC. The acquisition is subject to finalization of terms.
Axalta Coating Systems has signed a definitive agreement to acquire The CoverFlexx Group, a subsidiary of Transtar Holding Company, which manufactures coatings for automotive refinish and aftermarket applications. The transaction is expected to close in Q3 2024.
ATEC Water Systems, a subsidiary of Cadiz Inc, won a US$5.2 million contract to supply 140 water treatment filters for the Cascade Groundwater Alliance treatment project in Gresham, Oregon. The filters will remove manganese from local groundwater and are expected to be delivered over the next 12 months.
The U.S. Department of Commerce announced preliminary terms to provide Polar Semiconductor up to $120 million in CHIPS Act funding to expand its Bloomington, Minnesota facility, doubling U.S. production capacity of sensor and power chips within two years and creating over 160 jobs.
Autosystems America will invest USD 2.45 million to expand its existing manufacturing facility in Novi, Michigan, establishing a Center of Excellence for Lighting with engineering and testing labs. The project is expected to create 97 jobs.
Ebm-papst is expanding its manufacturing and engineering facility in Farmington, Connecticut, with a 14,500-square-foot extension and a revitalized Tooling Center. The project is worth about $3 million and includes a new drive-through dock.
NewCo Plastics, a platform formed by White Wolf Capital Group, acquired Magenta LLC and its affiliates Permian Plastics LLC and MM Plastics LLC. Magenta makes custom injection-molded products and packaging for medical, personal care and food and beverage clients.