FotoFinder Systems entered a binding agreement to acquire DermLite LLC, a provider of handheld dermatoscopes, combining their product ranges for skin visualization.
Rolls-Royce Solutions America is adding a $3 million expansion at its Graniteville, South Carolina plant to increase generator production capacity, driven by data center backup power demand.
Water Engineering Inc., a portfolio company of Nolan Capital, acquired WET Solutions Inc., a provider of water treatment services, chemicals, and consultation based in Schaumburg, Illinois. The acquisition expands Water Engineering's presence in the Chicago area.
GF Casting Solutions, a division of Switzerland-based Georg Fischer, announced a new factory in Augusta, Georgia, to produce cast aluminum parts for mobility and energy industries. The $184 million facility will employ 350 workers and begin operations in 2027.
Beehive Industries expanded to a new 60,000-square-foot manufacturing facility in Knoxville, Tennessee, investing $4 million. The company will add about 60 jobs over 18 months to produce full jet engines using 3D printing.
ENPRESS LLC acquired United Filters International (UFI), a manufacturer of liquid filtration solutions with locations in California and Texas. The acquisition adds to ENPRESS's vertical integration in filtration.
Beacon EmbeddedWorks, a discoverIE Group company, acquired Diamond Technologies Inc., a provider of customized data collection, automation, and industrial communications solutions. Diamond Technologies will continue operating under its own brand from Hudson, Massachusetts.
Happy Forgings received a 7-year contract from a leading global automotive component manufacturer to supply E-Axle components for electric SUVs in the US passenger vehicle market, with cumulative value estimated at Rs 320-350 crore.
GF Casting Solutions, a division of Georg Fischer AG, will invest more than $184 million in a new manufacturing facility in Augusta, Georgia. The plant will produce cast aluminum parts for the automotive industry, creating 350 jobs, with operations expected to begin in 2027.
3M is investing $67 million in a 90,000-square-foot expansion of its Valley, Nebraska plant, adding production lines, equipment and a warehouse. The expansion will create about 40 new jobs and increase capacity for reusable respirators and hearing protection products.
Infiltrator Water Technologies opened a new 30,000-square-foot Advanced Treatment Manufacturing Facility in Walker, Louisiana, nearly tripling its manufacturing space. The expansion created seven new jobs and increases production capacity for advanced wastewater treatment units.
KKR has sent deal books for the sale of Circor International's DeltaValve subsidiary, a Sandy, Utah maker of coke drum unheading valves, with first-round bids expected in May; the business is marketed on $11 million of EBITDA, according to sources.
Altus Technology Solutions was awarded a $65,285,571 cost-plus-fixed-fee contract by the Naval Air Warfare Center to provide engineering, prototyping, and production support. Work will be performed in St. Inigoes, Maryland, and is expected to be completed in July 2029.
Belt Power, LLC acquired Avtech Industrial Products, a distributor of conveyor belts and industrial products based in Phoenix, AZ, to expand its service offering in the Southwest US.
Arglass broke ground on an expansion of its Valdosta, Georgia manufacturing campus, adding a second furnace. The project will bring over 150 new jobs and is backed by over USD 230 million in capital.
Weinberg Capital Group and its portfolio company Salt River Aviation acquired Aviocraft, an MRO provider specializing in aircraft accessories such as batteries, chargers, and communication devices, based in Chandler, Arizona.
Refrigeration Design and Service (RD&S), a portfolio company of Kelvin Group and Southfield Capital, completed the acquisition of Dahms Refrigeration Services, a contracting firm in Norristown, Pennsylvania specializing in industrial and commercial refrigeration services.
Brainerd Chemical Company has signed a manufacturing agreement with biotech startup Bioeutectics to produce greener industrial solvents derived from sustainable sources.
Opta Group LP, a portfolio company of Speyside Equity Advisers, has acquired Performix Metallurgical Additives, LLC, a supplier of metallurgical additives to the steel and foundry industries, effective April 1, 2024.
Suominen is investing approximately EUR 10 million to enhance and upgrade one of its production lines in Bethune, South Carolina, to strengthen capabilities in sustainable nonwovens.
WMH Solutions (formerly Wheeler Material Handling) announced a strategic partnership with KION North America, authorizing WMH to sell and service Linde brand forklifts and material handling equipment, effective June 1, 2024.
IBA signed a contract with the Connecticut Proton Therapy Center, a collaboration between Yale New Haven Health, Hartford HealthCare and Proton International, to install a ProteusONE proton therapy system in Wallingford, Connecticut. The contract includes a multi-year operation and maintenance agreement, with patient treatment expected to start in spring 2026.
Konecranes Inc. received a $12,253,992 firm-fixed-price delivery order from the Defense Logistics Agency for drum power winches. Performance completion date is November 2, 2027.
Novartis will acquire Mariana Oncology for $1 billion upfront and up to $750 million in milestone payments. Mariana Oncology develops radiopharmaceuticals for cancer treatment, including lead program MC-339 for small cell lung cancer.
Dow signed an agreement to sell its flexible packaging laminating adhesives business to Arkema, covering five manufacturing sites in Italy, the United States and Mexico. The transaction value is $150 million, and closing is expected by the end of 2024 subject to regulatory approval.
York-based RG Group has acquired Benz Hydraulics, a Wilmington, Delaware hydraulics and pneumatics company, to expand its product offerings and presence in Delaware.
Mediterranean restaurant chain Cava opened a 55,000-square-foot production and packaging facility in Augusta County's Mill Place Commerce Park, Verona, Virginia. The company invested roughly $35 million in the facility, which centralizes production of packaged dips and spreads.
Admares plans to build a $750 million manufacturing plant in Waycross, Georgia, to produce prefabricated homes and components, with potential incentives of up to $144 million. The facility is expected to produce 5,000-6,000 homes per year.
Epiroc agreed on May 29, 2024 to acquire the remaining 66% of ASI Mining, a US-based autonomous mining solutions provider. Epiroc already owned 34%. The deal is expected to close in Q3 2024, pending US regulatory approval.
Eagle Materials and Heidelberg Materials entered into a Put Option Agreement granting reciprocal put options for their 50% interests in the Texas Lehigh joint venture, which manufactures grey cement in Buda, Texas. The purchase price for a 50% interest is $1.1 billion.
Valin Corporation acquired Irvine, California-based Dynamic Solutions, a specialist in precision motion control, machine vision, and collaborative robotics, effective May 1, 2024.
TCI Manufacturing, a mining equipment company, will open a new production facility in a pre-existing 45,000 sq-ft building at MidAmerica Industrial Park in Pryor, Oklahoma, initially focusing on conveyors and portable material handling equipment, with 6-8 employees.
Star Plastics installed two twin-screw extruders and recommissioned another at its Ravenswood and Millwood, West Virginia facilities since August 2023, increasing production capacity and capabilities for engineering-grade thermoplastics.
BORA Tool announced the acquisition of Armor Tool, aiming to integrate Armor's products under the BORA brand.
Ensign-Bickford Industries, Inc. acquired Accratronics Seals LLC, a family-owned machine shop specializing in hermetically sealed connectors and parts for the aerospace, defense, and space travel industries.
Innovance Inc., a 100% employee-owned holding company, acquired Jorgensen Conveyor and Filtration Solutions, a provider of conveyors, coolant filtration systems, and material handling equipment for the machine tool and metalworking industries. Jorgensen is based in Mequon, Wisconsin.
Precision Aerospace Holdings LLC acquired Owens Machine and Tool Company, a manufacturer of precision machined aerospace and defense components based in Lewisville, Texas. The acquisition expands Precision's capabilities in CNC machining of titanium and nickel alloys.
ESS Technologies, a subsidiary of Pacteon Group, will invest $1.6 million to expand its Montgomery County operations into a larger 40,000 square foot facility in Christiansburg, Virginia, creating 27 new jobs. The company will consolidate its Giles and Montgomery locations.
Motion & Control Enterprises (MCE) acquired General Machinery Company, Inc., a Birmingham, Alabama distributor of automation and electrical products, process pumps and compressed air products. GMC will keep its name and operate under its existing leadership.
Hydraulic gear pump and motor maker Geartek is expanding its existing Corinth, Mississippi facility by about 8,500 square feet with a $3.8 million investment that will create two jobs.
JCI-Hitachi introduced the air365 Max with HeatForce heat pump, a commercial VRF system that can operate at 100% heating capacity with outdoor temperatures as low as -13°F.
PG&E Corporation announced exclusive negotiations to sell a minority interest in its non-nuclear power generation subsidiary Pacific Generation LLC to KKR's Infrastructure Strategy. The transaction is subject to regulatory approvals and definitive documentation.
Sherman+Reilly, a Chattanooga-based manufacturer of transmission and distribution equipment for electric utilities, was acquired by Quanta Services. The company plans to grow its workforce and expand operations over the next three to five years.
Contegra Construction is building a 100,000-square-foot solar-powered manufacturing plant for Manner Polymers in Mount Vernon, Illinois. The plant will manufacture flexible PVC compounds, expand production capacity by 100 million pounds, and create 60 new jobs.
Sealevel Construction was awarded a $315 million contract for the HNC Lock Complex project, part of the Morganza to the Gulf Hurricane Protection System in Louisiana's Bayou Region. The project involves deep foundations, cofferdams, structural concrete and steel, dredging, and electrical tie-ins.
StandardAero began work on a $33 million expansion of its MRO facility at Augusta Regional Airport in Georgia. The project will add 80,500 sq ft of hangar and engine shop space, create 90 jobs, and is expected to be completed in 2025.
Conti Federal Services was awarded a $63,067,273 base contract by the U.S. Army Corps of Engineers to construct a B-21 Fuels System Maintenance Dock at Ellsworth Air Force Base in Rapid City, South Dakota. The project includes a 39,000 sq ft hangar and is expected to be completed by October 2026.
Azelis completed upgrades to its CASE applications lab and an expansion of its Wisconsin facility, adding meeting space and offices to support coatings, adhesives, sealants, and elastomers business in the US and Canada.
General Electric was awarded a $10,300,895 firm-fixed-price delivery order by the Naval Surface Warfare Center for one LM2500+ gas generator assembly and one LM2500+ power turbine assembly. Work will be performed in Erlanger, Kentucky, and is expected to be completed by May 2025.
Trew, LLC announced a major expansion, leasing 263,000 square feet of office and manufacturing space in West Chester, Ohio, bringing its total to nearly 500,000 square feet. The expansion will create 190 new full-time positions and is supported by a JobsOhio grant and a Job Creation Tax Credit extension.