AESC plans to spend $1.5 billion to build a second EV battery production facility at its site in Florence County, South Carolina, creating 1,080 jobs. Operations are expected to begin in 2027, and the facility will supply BMW's assembly plant in San Luis Potosí, Mexico.
Jered, a PAR Systems company, broke ground on March 26, 2024 on a 100,000 square foot expansion at McBride Industrial Park in Brunswick, Georgia to enhance manufacturing capacity for military-grade marine systems for the U.S. Navy.
Heidelberg Materials North America has been selected for award negotiation to receive up to $500 million in DOE funding for full-scale carbon capture, transport, and storage at its new cement plant in Mitchell, Indiana. The project aims to be the first full-scale deployment of carbon capture and storage on a cement plant in the U.S.
Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, acquired AMMCON Corp., a Jacksonville-based fittings and assembled components manufacturer for the U.S. Navy and marine defense customers.
Getinge and Cook Medical have announced an exclusive sales and distribution agreement for the iCast covered stent system in the United States. Cook Medical will assume sales, marketing and distribution rights after a 60-day transition period.
Impel Company, a Pike Street Capital platform, has acquired Rockwell Engineering and Equipment, a provider of pumps and water management solutions in California and Nevada. The transaction closed March 15, 2024.
JCB has been awarded a contract worth up to $39 million to supply up to 206 3TS-8T Teleskid compact track loaders to the United States Marine Corps. The initial delivery order is $19 million, with first delivery expected before the end of 2024.
Lonestar Forklift has acquired Permian Machinery Movers, a material handling company with over 70 employees in El Paso and Odessa, Texas. The acquisition expands Lonestar's reach into west Texas.
ProSep has announced a six-figure contract to deliver two MAX+ High Efficiency Mixers for a production train upgrade project at a U.S.-based refinery. The mixers will be designed and fabricated in Houston, Texas, with delivery in summer 2024 and commissioning expected before the end of the year.
Envision Automotive Energy Supply Co. will invest $3.1 billion and employ 2,700 people to construct a second electric vehicle battery manufacturing facility adjacent to its first building in Florence, South Carolina. Production is expected to start in 2027.
Aluko announced a five-year contract from 2026 to 2030 to supply module case protect frames worth $601.4 million to Blue Oval SK LLC, a joint venture between SK On and Ford, through its U.S. subsidiary Alu Materials America Inc.
Vessco Water, based in Minneapolis, acquired G.A. Fleet Associates, a New York distributor of pump and process treatment equipment for municipal water and HVAC equipment for commercial markets, based in Rye Brook, New York.
Aluko announced on March 25 that it has acquired a 100% stake in Alumaterials Inc. to benefit from the AMPC under the U.S. Inflation Reduction Act.
The Boeing Co. received a $10,752,920 contract modification from the U.S. Navy to procure ancillary support for three Navy P-8A aircraft and a retrofit kit for the Royal Australian Air Force P-8A. Work will be performed in Jacksonville, Florida; San Antonio, Texas; and Mesa, Arizona, with completion expected in August 2026.
Toyo Engineering, through its South Korean subsidiary Toyo Engineering Korea, has won a contract to build a 450,000 t/yr LLDPE plant at Sasol's Lake Charles, Louisiana complex. The plant is to be completed by 2017.
European aircraft manufacturer Airbus has agreed to provide an additional $94mn support package to US parts supplier Spirit AeroSystems to stabilise production on Airbus programmes ahead of the acquisition process closing. This brings total support to $152mn, plus $200mn in non-interest bearing lines of credit.
Copper producer Wieland Group plans to spend $15mn to build a second heat exchanger manufacturing facility in Delaware, Ohio, adding 100 jobs. The plant will serve growing demand for data center cooling equipment.
LyondellBasell is buying a 50% stake in three Sasol plants in Lake Charles, Louisiana, including a 1.5mn t/yr ethane cracker, an LLDPE plant and an LDPE plant, for $2bn, forming a 50:50 joint venture. Lyondell will take operational and marketing control.
Mexican automotive components maker Nemak produced first structural castings on a trial basis at its new $184mn mega-casting facility in Augusta, Georgia. Commercial operations are expected to start in the second half of 2026.
Matalco purchased Kentucky-based competitor Ohio Valley Aluminum (OVACO) for an undisclosed sum. The deal closed and will increase Matalco's output to 1.5 billion lbs/yr including capacity from a planned plant in Franklin, Kentucky.
Vinmar agreed to a binding 15-year offtake agreement to buy corn-based polypropylene from Citroniq's planned Nebraska plant, representing half of the 600,000 t/yr capacity. Production is expected to begin in 2029.
Eastman was selected by the U.S. Department of Energy for up to $375 million in funding for its second U.S. molecular recycling facility in Longview, Texas. The plant will recycle approximately 110,000 metric tonnes of plastic waste annually and create over 200 full-time jobs.
ADM Endeavors' subsidiary Just Right Products Inc. received final building permits for a new 80,000-square-foot production facility in Fort Worth, Texas, expected to be operational by end of 2024 and increase production capacity up to five times.
The Biden administration plans to spend up to $6 billion on 33 projects in 20 states to cut carbon emissions from heavy industries including steel, cement, chemicals, and aluminum. Constellium would receive up to $75 million for an aluminum casting plant in West Virginia.
Silfab Solar announced an agreement with SolarCycle to purchase ultralow-carbon domestic glass for its U.S.-made solar panels, expanding an existing recycling partnership.
Superior Essex has agreed to acquire the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture, making Superior Essex the sole owner. The transaction is expected to close at the end of April 2024.
Eastman will add an additional manufacturing facility at its existing site in Longview, Texas, creating more than 200 new jobs and approximately $1.2 billion in capital investment.
Daxor Corporation has entered into a definitive agreement to acquire the Volumex, Megatope and Glofil product lines from Iso-Tex Diagnostics, Inc. The transaction value will be paid in monthly installments over two years.
Ingersoll Rand agreed to acquire ILC Dover from New Mountain Capital for an upfront cash price of about $2.325 billion plus an earnout. ILC makes single-use solutions and components for biopharma and medical devices.
Lake Charles Methanol has announced plans for a $3.24 billion low-carbon methanol plant in Calcasieu Parish, Louisiana, producing about 3.6 million tons per year, with 123 direct jobs. Commercial operations are estimated for late 2027, pending a final investment decision.
Schaeffler plans a greenfield plant in Dover, Ohio, making electric beam axles and electric drivetrain systems, with $230 million for the facility and other Ohio projects through 2032 and 450 jobs. Completion is expected in Q3 2025.
Aero Components Inc. was awarded a $10 million modification exercising a two-year option on a contract for C5 panel consumables and depot level repairables. The contract was awarded on March 24, 2024, with performance completion by March 24, 2026.
First Quality, an absorbent hygiene manufacturer, announced a new round of expansions including a new manufacturing facility, new diaper and training pant lines, and a new automated warehouse. The expansion will increase baby diaper and training pant capacity by 50% and is expected to be completed by June 2025.
IVISYS, a subsidiary of Athanase Innovation, has received an order worth SEK 62.4 million from iGPS, the largest plastic pallet manufacturer in the USA, for four PalletAI units. Delivery and payment are milestone-based, with revenue recognition expected in the second half of 2024.
MUM Industries has acquired EMF Company, a manufacturer of custom electrical enclosures and fabricated metal products. EMF will join the MUM Industries umbrella of brands alongside Integra Enclosures and Strongbox.
Landmark Ceramics UST, Inc. is investing $71.9 million to expand its tile production facility in Mt. Pleasant, Tennessee, adding 78 jobs and increasing capacity to 80 million square feet per year.
Kamstrup Water Metering, LLC has opened its new 150,000-square-foot North American headquarters and manufacturing facility in Forsyth County, Georgia, expanding its operations and manufacturing capacity for ultrasonic metering solutions.
Kamstrup opened a new 150,000-square-foot headquarters and assembly plant in Cumming, Georgia, on March 21, 2024. The facility will enable doubling of smart water meter production to over 3 million annually within five years.
McFarlane Aviation has acquired PMA Products, a company that produces FAA-PMA approved parts for general aviation aircraft.
Owl's Head Alloys is locating a new aluminum processing operation in West Point, Mississippi, with a $29.245 million investment and 68 new jobs. Construction is slated to begin by May 2024 with completion within 18 months.
Sofidel is investing $185 million to expand its Circleville, Ohio campus by 500,000 square feet, creating 100 new jobs. The expansion will increase employment to nearly 600.
Greenland Technologies plans initial sales delivery in April 2024 to Maryland's Port of Baltimore of its HEVI GEL-5000 all-electric front loader, part of a bid won in 2023 to help electrify port equipment.
ProAmpac, a US flexible packaging company, announced the acquisition of UP Paper, a North American recycled kraft paper producer based in Manistique, Michigan. Financial terms were not disclosed.
Premier Tech Water and Environment has opened its first U.S. manufacturing plant in Williamsport, Pennsylvania. The 24,000-square-foot facility will produce Ecoflo septic systems and increase the company's on-site wastewater treatment capabilities.
Elopak broke ground on its first US production site in Little Rock, Arkansas, to produce Pure-Pak cartons. The $70 million facility will create over 100 jobs and is expected to be fully operational in Q1 2025.
American Air Filter Co Inc (AAF International), a subsidiary of Daikin Industries, has acquired Northeast Air Solutions Inc, a provider of clean air solutions in New England since 1946.
EIS (Engineered & Industrial Solutions) has selected Flexxbotics for advanced robotic machine tending to improve performance of robot-enabled workcells building precision parts for the oil and gas industry. The solution connects Universal Robots to Haas CNC machines.
RMGroup has installed an FPK-26 form, fill and seal bagging and palletising solution at Chase Corporation, a superabsorbent polymer manufacturer. The automated system replaces manual filling stations to improve efficiency and safety.
Cornerstone Building Brands, a manufacturer of exterior building products, is acquiring Harvey Building Products, a manufacturer of windows and doors. The deal was announced on March 20, 2024.
Cullinan Holdings, Inc. has acquired majority control and interest in House of Design Robotics, a provider of automated and robotic solutions for offsite construction. The deal aims to advance automation in the sector and address the affordable housing crisis.