Innovance, a 100% employee-owned holding company focused on manufacturing and industrial technology, has acquired Jorgensen Conveyor and Filtration Solutions, a provider of conveyors, coolant filtration systems, material handling equipment and chip processing equipment.
Mastercam, in conjunction with Sandvik, announced the signing of an agreement to acquire Cimquest, a reseller and service provider for Mastercam in the Northeast US. The acquisition aims to expand technology and support for Mastercam users.
EnSilica plc secured a c.US$20 million order for the tape-out of a custom ASIC from a major US electronics manufacturer, with revenue expected in calendar years 2025 and 2026.
Cummins Power Generation Inc. received a $495 million contract from the U.S. Army to supply Advanced Medium Mobile Power Sources (AMMPS) generators. Work will be performed at locations to be determined with each order, with completion by February 2033.
Drylock Technologies will invest $26.9 million to establish its first U.S. baby care production facility in Reidsville, North Carolina, creating 113 jobs. The 450,000-square-foot plant will produce baby diapers.
Innova Engineered Plastics is redesigning its facility, investing in two new 8'x5' thermoformers and a CNC router, and adding paint booths and silk-screening capabilities. The project is slated for completion by end of May 2024.
Covestro will source chemically recycled, circular feedstock derived from post-consumer plastics from Encina, a U.S.-based producer of ISCC PLUS-certified circular chemicals. Encina's production facility is expected to come online at the end of 2027.
Ash Grove, a CRH company, closed the purchase of Martin Marietta's South Texas business, including the Hunter cement plant in New Braunfels, Texas, with 2.1 million tons capacity, and four terminals. The $2.1 billion transaction also includes 20 concrete plants.
Fujihatsu and Toyotsu Battery Components, a new partnership, will invest $60 million to build a facility in Liberty, North Carolina, creating 133 jobs. The plant will manufacture prismatic aluminum cell cases and cell covers for EV batteries, supporting Toyota Battery Manufacturing North Carolina. Production begins in 2025.
Italian paper specialist Fedrigoni purchased selected assets of US specialty papers supplier Mohawk Fine Papers to strengthen its North American presence. The deal follows a partnership the two companies signed in September 2022.
Quebec company Soleno is constructing its first plant outside Canada in Saratoga, New York, with a $22 million investment to make large-diameter HDPE pipes, expected to open at the end of the third quarter of 2024.
The Army Contracting Command – New Jersey awarded a prototype Other Transaction Agreement to Metallus Inc. on February 27, 2024, to increase HF-1 steel production capacity from 1,500 to 6,720 tons per month for 155mm artillery shell production.
Planatome, a medical device company, announced plans to develop a manufacturing plant in the greater Phoenix area and double its workforce over five years. The Arizona Commerce Authority is supporting the expansion.
Cast Products Inc. is planning a $6.7 million expansion that will add 30,000 square feet and an automated aluminum foundry to its facility in Athens, Alabama. The expansion will add 14 jobs.
Scanfil plc, a European EMS company, has completed the acquisition of ADCO Circuits, a Michigan-based electronic assembly services provider. The acquisition was announced on 10 June 2025 and completed on 10 June 2025.
Modern Dispersions completed and commissioned the first phase of a manufacturing expansion at its new site in Fitzgerald, Georgia, adding 100 million lbs/year of masterbatch capacity. A second phase of similar capacity is under construction, slated for start-up in 2026.
Schaeffler announced further expansion of its existing plant in Wooster, Ohio, which specializes in electric transmission systems and serves as an innovation centre for electric vehicles. Part of $230 million investment in Ohio by 2032.
Big Lift LLC, the North American subsidiary of EP Equipment, acquired Fort Worth-based material handling equipment provider ePicker. Financial details were not disclosed.
Leonardo DRS, through its subsidiary DRS Naval Power Systems, will invest approximately $120 million to build a 140,000-square-foot manufacturing and test center in Goose Creek, Berkeley County, South Carolina. The facility will support next-generation propulsion systems for the U.S. Navy's Columbia-class submarine and is expected to create 58 new jobs, with operations online by 2026.
Biomedical, a subsidiary of dsm-firmenich, has made a significant investment in a new facility at 400 Devon Park Drive in Pennsylvania to expand its Specialized Biomaterials Manufacturing capacity for the medical device and pharmaceutical industries.
Taco Hydroflo Pump Solutions opened a manufacturing facility in Lubbock, Texas, adding 38 jobs and $1,875,000 of capital investment, with expanded pump test pit improvements.
John Crane, a business of Smiths Group, won a contract to supply wet seals for almost a hundred pumps to an electric battery manufacturing facility in Tennessee, USA. The announcement was made on 27 February 2024.
John Crane, a business of Smiths Group, was selected to supply dry gas seals for three supercritical CO2 compressors at a large-scale blue hydrogen project in Texas, USA. The announcement was made on 27 February 2024.
Doosan Škoda Power signed a contract to supply a 15 MW steam turbine and generator for a waste-to-energy plant expansion in Spring Hill, Florida, operated by Covanta for Pasco County. This is Doosan's first project with Covanta outside Europe.
Vestas received a 153 MW order for 34 V150-4.5 MW wind turbines for an undisclosed wind project in the USA, including a multi-year service agreement.
Kele, Inc., a portfolio company of The Stephens Group, acquired AC Controls and AC Technical Services, a distributor and rep of industrial process and combustion applications. The deal expands Kele's footprint in industrial automation.
The European Commission approved the acquisition of joint control of Wesco Aircraft Holdings (Incora) by Allianz SE and Silver Point Capital. Incora provides supply chain solutions in defense, space, automotive and industrial sectors.
Aluminum Dynamics LLC, a joint venture of Steel Dynamics Inc., is building a new state-of-the-art aluminum flat rolling mill in Columbus, Mississippi, with a production capacity of 650,000 tons. SMS group is the main supplier for the integrated hot and cold rolling complex.
Rich Products will invest $27 million to expand its Morristown, Tennessee manufacturing facility, adding 2,400 square feet and creating 51 new jobs. The expansion supports enhanced production of its bakery business.
Schaeffler is investing over $230 million in a greenfield manufacturing facility in Dover, Ohio, producing electric axles, with 650 jobs to be created in the state and construction starting mid-2024.
Graphic Packaging agreed to sell its Augusta, US bleached paperboard manufacturing facility to Clearwater Paper for US$700 million, based on about US$100 million Adjusted EBITDA. The deal is subject to regulatory approvals and expected to close in Q2 2024.
TSMC's Arizona fab, initially planned for production by end of 2024, has been delayed to the first half of 2025. The second phase is postponed to after 2027. Total investment is approximately $40 billion.
Rasmussen Group of Des Moines announced the acquisition of Johnson Holding Co. subsidiaries Ideal Ready Mix and L&W Quarries, effective February 23, 2024. The deal adds ready mix and quarry operations in Iowa, Missouri, and Illinois.
Novelis announced that the cost of its new low-carbon aluminum rolling and recycling plant in Bay Minette, Alabama, has increased to $4.1 billion (from $2.5 billion), and the commissioning date has been pushed back from mid-2025 to the second half of 2026.
Caterpillar plans a $725 million expansion and retooling at its Lafayette Large Engine Center, including a 325,000-square-foot addition and $625 million in machinery and equipment, to support growth in energy and transportation sectors.
Engineered Systems has installed two new production lines at a new facility in Duncan, South Carolina, using R&M Spacemaster SX crane kits. The lines will be used exclusively to make profile cranes.
Cummins Power Generation won a potential $509.5 million firm-fixed-price IDIQ contract from the U.S. Army to produce and supply Advanced Medium Mobile Power Sources (AMMPS) generators in sizes from 5kW to 60kW, including interface kits, trailers and switch boxes.
Southern States, LLC has acquired Silicon Power Corporation (SPC), a designer and manufacturer of high-power semiconductor devices for utility and industrial power systems. SPC will be integrated into Southern States' Power Systems Solutions Division.
LANXESS expanded its distribution partnerships for industrial preservatives in North America, including three distributors, enlarging their portfolios into the CASE and building materials markets. The expansion was announced on February 22, 2024.
Wärtsilä will supply two 34SG gas-fuelled engines for an 18 MW expansion of a power plant in New Mexico, USA, for the City of Farmington. The contract was booked in November 2023.
Dayton Superior, a provider of concrete construction accessories, acquired Utah-based HK Composites, a manufacturer of insulated concrete sandwich panel connector systems.
GMB Korea Corporation won a new order from Nissan Motor Co. for 150W electric water pumps, with the contract valid from March 2026 to February 2032 and expected sales of KRW 59.32 billion.
Danimer Scientific has successfully completed the expansion of its Rinnovo demonstration plant in Rochester, NY, increasing capacity to 20 tonnes annually, an approximate 20x scale-up from previous capacity.
SK Siltron CSS announced a conditional commitment from the U.S. Department of Energy for a loan of up to $544 million to expand manufacturing capacity of silicon carbide wafers at its Bay City, Michigan facility. The project is expected to create up to 200 additional jobs, reaching 450 workers by completion in 2027.
Car Tech, a U.S. stamped auto-body parts manufacturer and subsidiary of Shinyoung Co., Ltd., entered into a definitive business combination agreement with AltEnergy Acquisition Corp to list on NASDAQ. The transaction aims to expand Car Tech's U.S. manufacturing capacity for EV battery-related body parts.
Novaria Group, a manufacturer of specialty components for aerospace and defense, acquired Anillo Industries, a manufacturer of washers, shims, spacers, plain bearings and stampings. Terms were not disclosed.
Genevieve Swiss Industries Inc. has partnered with Utilis AG, a developer of micro-cutting tools for micromechanics, watch- and medical technology, to expand North American and European markets.
ANZER has been awarded a contract from The Ohio State University to design and produce the RALPH portable reminder device for EMS clinical research. First units are targeted for field testing in Q2 2024, with 2,000 production units to follow.
Spartech LLC will invest $1.6 million in new machinery and equipment at its Paulding, Ohio facility, adding 20 new jobs to support growing customer demand.
MFG Chemical, a portfolio company of Platte River Equity, acquired H.P. Polymers, a specialty and custom manufacturer of complex chemistries.