Polar Semiconductor will receive up to $120 million in federal funding under the CHIPS and Science Act to expand its Bloomington, Minnesota manufacturing facility, potentially doubling U.S. production capacity.
Maschinenfabrik Reinhausen has invested $3 million in a new production building at its Humboldt, Tennessee plant for bolt-on tap-changers, expected to operate from end of July 2024.
Plastipak Packaging and Kraft Heinz agreed to convert KRAFT Real Mayo and MIRACLE WHIP containers in the United States to 100% food-grade recycled PET, eliminating about 14 million pounds of virgin plastic. The announcement was made on May 13, 2024.
Cambro Manufacturing, a California-based maker of trays and foodservice equipment, plans to build a 380,000-square-foot logistics center in Mebane, North Carolina's Industrial Center.
Ebara Corp received an order from the Southern Nevada Water Authority to supply eight large double suction centrifugal water pumps for pumping stations in Las Vegas, Nevada.
The Heico Companies completed its acquisition of Versatile Mold and Design, Inc., a Rutledge, Georgia-based designer and builder of high-precision molds for thermoplastic and thermoset materials. Versatile will complement Davies Molding within Heico's Industrial Technologies Group.
Platinum Equity has become the majority owner of Kohler Energy, a separate company established from Kohler's generator division. Kohler Company remains an investment partner. The deal value was not disclosed.
DL E&C is transporting 18 plant modules (4,264 tons) from Vietnam to Texas for the Golden Triangle Polymers project, a joint venture between Chevron Phillips Chemical and Qatar Energy to build a 2 million ton/year high-density polyethylene plant.
Wisconsin Aluminum Foundry (WAF) acquired ATEK Metal Technologies, an Iowa-based manufacturer of complex aluminum castings for aerospace, trucking, and defense industries.
Keeprite Refrigeration is relocating and expanding to a 70.4-acre site in Kilgore's Synergy Park, with a minimum investment of $55 million. The company plans to eventually enclose 1 million square feet and create scores of new jobs. Groundbreaking is planned for early June 2024.
Vista Metals announced a $60 million investment in a new facility in Bowling Green, Kentucky, to serve the aerospace industry with specialty aluminum products. The site will bring over 50 new jobs and support downstream processing for aerospace extrusion, forging and rolling markets.
Vista Metals completed construction of a seventh aluminum casthouse at its facility in Adairsville, Georgia, as part of a $100 million long-range capital plan. The expansion includes melting furnaces, homogenizing ovens, and support equipment.
Minova plans to open a new manufacturing facility in Tooele County, Utah, with a $24.5 million investment and 58 new jobs. The company received a post-performance tax reduction from the state.
Dorf Ketal Chemicals India has acquired Texas-based Impact Fluid Solutions, a provider of downhole fluid additives for industrial drilling, which had a turnover of $60 million in 2023. The acquisition is subject to regulatory approvals.
Kelvin Group, through its RD&S business unit, acquired Dahms Refrigeration Services (DRS), a regional industrial and commercial refrigeration services provider based in Norristown, Pennsylvania. This is Kelvin's eleventh acquisition since partnering with Southfield Capital.
Industrial Inspection & Analysis (IIA) acquired Aerial & Crane Experts, Inc. (ACE), based in Sonora, California, effective May 6, 2024. ACE joins IIA's Lift and Crane Services division.
Milliken & Company was selected as the supplier to design and manufacture flame-resistant undergarment fabric for NASA's Artemis III lunar mission. The project began in summer 2023 with manufacturing planning and material evaluation, and is now in the prototype phase.
Audax Private Equity portfolio company FDH Aero completed a minority recapitalization led by NB Capital Solutions and funds advised by Neuberger Berman. The equity infusion will support future growth and provide partial liquidity to FDH Aero's investor base. Terms were not disclosed.
KM Fabrics, a maker of woven velvets, is relocating to a new 200,000-square-foot facility at 105 Wood Street in West Greenville, South Carolina, by late 2025. The move will consolidate manufacturing and headquarters, add equipment, and increase capacity.
Barron Industries is investing $9.1 million in its Oxford, Michigan facility to build a new Advanced Aerospace Manufacturing Center, creating 50 new jobs. The project includes acquiring advanced metal 3D printing and machining equipment.
Oscar Renda Contracting, a subsidiary of Southland Holdings, was awarded a $220 million contract for construction services at the Bull Run Filtration Facility Project in Portland, Oregon.
Tetra Tech, Inc. acquired Convergence Controls & Engineering, LLC on May 9, 2024. Convergence is joining Tetra Tech's Government Services Group.
Tri-Tech Forensics, Inc. acquired SAM Medical, a provider of medical devices and trauma care solutions including tourniquets, splints, and intraosseous access systems.
Samkee America has been selected by Hyundai Motor to supply two types of motor housings for electric vehicles at Hyundai's Georgia plant. The contract is worth approximately 280 billion won ($2.54 million) and runs from July 2026 to 2034.
Niedax Group and ABB have agreed to create a 50/50 joint venture integrating their North American cable tray businesses. The venture is expected to close and commence operations in Q4 2024.
Tennessee Valley Authority has ordered 16 aeroderivative LM6000VELOX gas turbine and generator packages from GE Vernova for a 1.5-GW complex replacing the Kingston Fossil Plant. The units are expected to begin operating in 2028.
ABB and Niedax Group have entered into an agreement to form a 50/50 joint venture integrating their North American cable tray businesses. The transaction is expected to close in Q4 2024.
Danobat, a Spanish machine tool manufacturer, has acquired Delta Wheel Truing Solutions, a US company specializing in rail wheel re-profiling equipment. The acquisition was announced on May 8, 2024, with the agreement signed at Delta's headquarters in Escanaba, Michigan.
ABB and Niedax Group have agreed to form a 50/50 joint venture integrating their North American cable tray businesses. The venture will serve customers in the United States, Canada, and Mexico.
Samki America, a joint venture of Samki and Samki EV, was selected as a supplier of two types of electric vehicle motor housings to Hyundai Motor's plant in Savannah, Georgia. The contract is valued at approximately USD 205.4 million (KRW 280 billion) and runs from July 2026 to 2034.
Clinton's Ditch Co-Operative Company plans a $40.7 million expansion of its Cicero, New York plant, adding 100,000 square feet, a truck-repair facility, and wastewater improvements.
Bounce Imaging and TrellisWare Technologies announced the release of two new camera systems integrating TrellisWare's MANET radio modules. An order for several hundred systems to U.S. special operations units represents the largest part of $11 million in new DoD contracts awarded to Bounce Imaging, with shipments beginning in May 2024.
Voith Turbo completed a $5.8 million expansion of its workshop in York, Pennsylvania, adding 10,000 square feet. The expansion will allow the company to work on rail components and increase capacity to meet Buy America compliance requirements.
Worksport Ltd. will invest $6 million to expand its facility in West Seneca, New York, adding 280 jobs. The expansion will add eight manufacturing lines to increase production of tonneau covers and solar-powered systems from 50 to 900 covers per day.
Power Integrations announced an agreement to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride transistor technology. The transaction is expected to close in July 2024.
Loos Machine & Automation constructed a new state-of-the-art plant in Colby, Wisconsin, replacing the old Packaging Corporation of America building. The facility became operational less than a year after acquisition in May 2022, housing advanced manufacturing equipment and technologies.
B.Grimm Power Public Company Limited, through its subsidiary B.Grimm Power Service Limited, acquired 100% membership interest in BGP Holding (US) LLC, a newly incorporated Delaware company, for USD 100 million. The acquisition makes BGP Holding (US) LLC a holding company for B.Grimm Power's US operations.
The Armed Services Board of Contract Appeals ruled in favor of Konecranes Nuclear Equipment & Services, LLC in a dispute with the U.S. Navy over four portal cranes. The board awarded Konecranes $4,862,696.31 plus interest for delay damages.
Holcim US is investing US$100 million to expand its Ste Genevieve cement plant in Missouri, boosting production capacity by more than 600,000 tonnes per year while reducing net CO2 emissions.
Sundt Construction has been awarded the general construction for mechanical and electrical process systems installation for LOTTE's grassroots aluminum manufacturing facility in Elizabethtown, Kentucky, which will produce 36,000 tons of cathode foil annually.
Airbus has completed the acquisition of U.S.-based Aerovel, the developer of the Flexrotor unmanned aerial system, to strengthen its tactical unmanned solutions portfolio. Aerovel employs over 30 people and will continue operations in Bingen, Washington.
Hudson will sell reclaimed refrigerants under the names Freon R-11, Freon R-12, Freon R-123, and Freon R-22, and use the Freon brand name in its marketing materials.
ZF Wind Power has partnered with ABS Wind to provide its Thrive all-inclusive service concept for continuous availability in the United States.
dB Control was awarded a $12 million contract for high-voltage power supplies for terrain avoidance radar and a $1 million contract for custom high-voltage power supplies for radar test and target systems, supporting US and foreign military missions.
Santee Cooper is spending an estimated $300 million on new wastewater treatment systems at its Cross Generating Station and Winyah Generating Station in South Carolina. Construction began in early 2024, with completion expected in Q3 2025 and full operation by December 31, 2025.
ETC's Environmental Testing and Simulation Systems unit was awarded a $2.0 million contract as the environmental simulation equipment supplier for a new auto racing test cell project.
ETC's Sterilization Systems Group was awarded $13.9 million in contracts from two multi-national medical device manufacturers for ethylene oxide sterilization systems and related equipment.
Volk Packaging and its contract packaging division Volk Paxit will implement Amtech Software's EnCore ERP with Scorekeeper, TopGun and Visual Analytics for an automated solution. The announcement was made on May 6, 2024 from Fort Washington, Pennsylvania.
JetCo Packaging Solutions, Ponderosa Packaging and Mil-Spec Packaging of GA will share a maximum $27,555,755 indefinite-delivery contract with the Defense Logistics Agency for fiberboard boxes and sheet material. The five-year contracts run to May 5, 2029.
Governor Hochul announced a $50 million modernization of the Genesee Brewery in Rochester, New York, to build a packaging facility that will supplement Canadian production of Labatt Blue, with up to 57 new jobs and more than 500 retained, supported by a $7 million state grant.