Arlington Capital Partners formed Keel Holdings through the merger of Pegasus Steel with newly acquired Merrill Technologies Group and Metal Trades, creating a defense manufacturing company with nine facilities in Michigan and South Carolina.
Confluent Medical Technologies will invest more than $50 million over several years to more than triple ATI's melt capacity for medical nitinol at ATI's Millersburg, Oregon facility. The expansion is expected to come online in 2027.
JD Martin Company and Broomfield Lamb Holman (BLH) joined forces effective January 5, 2024. BLH will operate as an independent operating company under JD Martin, expanding product options for electrical customers in the southeastern US.
AtkinsRéalis, along with partners Jacobs Technology Inc. and Longenecker and Associates, was awarded a $50 million IDIQ contract by the U.S. Department of Energy's Princeton Plasma Physics Laboratory for multidiscipline engineering support services for fusion energy projects.
K-Tec Earthmovers and Ashland Industries, through the KA Group, have acquired Metalcraft of GA, Inc., a heavy equipment manufacturer of earthmoving scrapers based in Louisville, Georgia. The acquisition adds a Southeastern USA facility and the Metalcraft brand to the KA Group.
Toray Industries will expand facilities at its California, USA plant to increase reverse osmosis membrane production capacity by 30%, with completion by March 2025. Part of a ¥10 billion ($68 million) total investment.
HEYCO-Werk USA Inc., a plastics molder for the automotive industry, will invest more than $12.75 million to build a new 60,000-65,000-square-foot manufacturing facility in the Apple Creek Corporate Center of Gaston County, North Carolina. The project will create 34 new jobs.
PROK, a global leader in conveyor equipment, officially opened a new specialist manufacturing facility in Salt Lake City, Utah, to produce conveyor rollers, including its HDPE composite roller with visual wear-indicator technology. The opening ceremony was held on January 24, 2024.
MATERI'ACT, a FORVIA group company, and PCR Recycling formed a joint venture called MATERI'ACT Dallas to produce recycled polymers for the automotive industry in North America. The joint venture is based in Dallas, Texas.
GH Cranes & Components will build a new factory in Texas, USA, with a total investment of nearly EUR 13 million. COFIDES granted a joint venture loan of USD 4.7 million, matched by the Basque Finance Institute. The new facility will replace the current Texas factory and expand production capacity.
PI USA signed a construction contract for a new 119,575 sq ft production facility in Shrewsbury, Massachusetts, three times the space of its current US sites combined. From 2025, PI will manufacture motion and precision positioning components and piezo applications for the North American market at this facility.
Belmark Inc. will locate a new 156,000-square-foot flexible packaging plant in Allen County, Kentucky, with a nearly $99 million investment creating 159 jobs. Construction is expected to begin in June 2025 and finish in 2026.
Saras Micro Devices celebrated the grand opening of its new headquarters and manufacturing facility in Chandler, Arizona, with a planned investment of over $50 million. The facility includes 33,000 sq. ft. of clean room and manufacturing space, and will employ about 50 people initially.
Mesa Associates, Inc. acquired the assets of NuSTREEM, LLC, a Connecticut-based small hydropower technology company. The acquisition provides Mesa with a new product line and entry into the small hydropower generating market.
Rolls-Royce Power Systems opened a new 69,000 sq ft Remanufacturing and Overhaul Center on its mtu Aiken campus in South Carolina, representing a low double-digit million dollar investment. The facility will remanufacture mtu Series 2000, Series 4000 and Detroit Diesel 2-Cycle engines and components, targeting 20,000 parts per year.
Nova Molecular Technologies is expanding its operations in Sumter County, South Carolina with a $23.75 million investment that will create 20 new jobs. The expansion will add square footage to its existing facility at 1123 Race Track Road.
Medline announced a multi-year prime vendor partnership to provide medical supplies and solutions to Surgery Center of Fort Wayne in Indiana. The five-year agreement covers Medline's medical surgical portfolio.
SCR, Inc. announced its upcoming acquisition of MN Controls Solutions, a company that develops and installs software for building control management systems. The acquisition will add Honeywell to SCR's partner portfolio.
WaterFurnace is doubling the footprint of its manufacturing facility in Fort Wayne, Indiana, to add space for research and development and consolidate operations under one roof. The expansion is slated for completion in 14 months.
The U.S. Department of Defense awarded two contracts totaling $49 million to Micross Components and the government of Osceola County, Florida, to revitalize advanced packaging capabilities for semiconductors used in defense applications.
Lockheed Martin Aeronautics Co. received an $8,396,726 contract modification to procure diminishing manufacturing sources in support of the F-35 Lightning II program for the U.S. Air Force, Marine Corps, Navy, and foreign customers.
Unicorr Packaging Group acquired corrugated packaging producer TriState Container Corporation, which operates three facilities in the Philadelphia area. The transaction closed in October 2023 and was announced January 24, 2024.
Accredo Packaging completed its fourth expansion at its Sugar Land headquarters, adding 83,000 square feet of office space for a $10 million investment and creating 30 jobs.
Steel Dynamics plans to commission four new flat-rolled coating lines in the first quarter of 2024, two at the Sinton, Texas mill and two in Indiana, adding 1.1 million tons of annual capacity.
Steel Dynamics announced $2 billion in capital investment for 2024, with $1.4 billion allocated to aluminum-related projects, including the Columbus aluminum mill in Mississippi.
Ergon Chemicals, a subsidiary of Ergon Inc., purchased Resinall Corp, Resinall Mississippi Inc., Industrial Transport Inc., and Resinall QALICB, LLC on August 1, 2018. Resinall manufactures thermoplastic resins and polymers in Hattiesburg, Mississippi and Severn, North Carolina.
Plug Power commissioned a 1 MW PEM electrolyzer at an Amazon fulfillment center in Colorado to produce low-carbon hydrogen for over 225 fuel cell-powered forklifts. It is the first deployment in Amazon's on-site hydrogen supply expansion.
Saab received a $101.7 million order from Boeing to produce aft fuselage sections for the U.S. Air Force T-7A Red Hawk trainer at its West Lafayette, Indiana facility. The order was booked in Q4 2023.
Reclamation Technologies USA, LLC has purchased AllCool Refrigerant Reclaim, LLC, an EPA-certified refrigerant service company based in Frederick, MD. The acquisition expands RTI's service offering to the East Coast.
Stellar Energy plans to triple manufacturing capacity in 2024 and invest over $28 million in a leased facility in Jacksonville, creating 250 jobs. The expansion includes $20 million in the building and over $8 million in equipment.
Pharmaloz Manufacturing signed contracts with two top-tier lozenge brands, projected to add $5 million in annual revenue and over $1.25 million in yearly pre-tax net profits.
Pharmaloz Manufacturing, a subsidiary of ProPhase Labs, is expanding its plant capacity by over 50% through automation equipment and efficiencies, raising annual production capability from below $10 million to over $15 million.
Linear Health Sciences has been awarded a contract by the U.S. Department of Veterans Affairs for its Orchid SRV tension-activated breakaway safety release valve, in partnership with GS2 Global.
An affiliate of Angeles Equity Partners has acquired Acieta LLC, an industrial robotics manufacturer and integrator, from Mitsui & Co. (U.S.A.), Inc. Acieta is headquartered in Waukesha, Wisconsin.
Saab has received a $101.7 million order from Boeing to produce T-7A aft fuselage systems at its facility in West Lafayette, Indiana.
Advanced Polymer Coatings (APC) announced an expansion of its Avon, Ohio factory, nearly doubling its size to 42,000 sq. ft. and adding an automated manufacturing system to quadruple capacity for MarineLINE and ChemLINE coatings.
IFF has invested in high-moisture extrusion (HME) technology from Coperion, installing three HME systems at innovation hubs in Europe, the United States, and Singapore to develop plant-based meat alternatives with improved texture.
GROB Systems broke ground in December 2023 on a 135,000 sq. ft. expansion at its Bluffton, Ohio headquarters, adding 35% more space and 200 new jobs. The $24 million project is slated for completion in March 2025.
WestRock will close its existing corrugated box plant in North Chicago, Illinois, once the new Pleasant Prairie, Wisconsin facility is complete.
WestRock plans a state-of-the-art corrugated box plant of over 550,000 square feet in Pleasant Prairie, Wisconsin, for about $140 million, with construction expected in 2024 and completion in 2025.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
Rochester Concrete Products (RCP) opened a new 45,000 sqft manufacturing facility in Jordan, Minnesota, bringing total site square footage to about 80,000 sqft. The plant increases production capacity by up to 400% and introduces new products.
MEIDOH Co., Ltd., a Japanese automotive fastener manufacturer, has acquired Pilgrim Screw Corporation d/b/a Pilgrim Aerospace Fasteners, a maker of aerospace fasteners with operations in Chandler, Arizona and Providence, Rhode Island. The acquisition will allow MEIDOH to diversify into aerospace fasteners.
Nemak USA is building an $18 million, 49,500-square-foot addition at its Sheboygan facility. The expansion will add a diecasting production area with two 4,500-ton diecast machines to support automotive component production for electric vehicles.
ALATAS Americas, Inc. was awarded a 5-year contract for inspection and maintenance of training cranes for the US Army MOS 88H (Cargo Specialist) at Fort Eustis, Virginia, continuing a partnership since 2020 through 2028.
Hubtex Maschinenbau GmbH acquired all shares of Design Storage & Handling (DSH), its general importer for North and Central America, and renamed it Hubtex North America. The division will also open a new West Coast depot in California.
UTS Systems, LLC acquired Brinkley Technology Group, LLC (d/b/a Hercules Manufacturing), a supplier of generators, heaters and trailer-mounted support systems. The Massillon, Ohio facility will continue operations as part of UTS.
Cummins is investing $580 million to upgrade its Rocky Mount engine plant in Whitakers, North Carolina, creating 80 jobs and adding an assembly line for gasoline and propane engines. The project is expected to be complete by 2027.
ASSA ABLOY has acquired Integrated Warehouse Solutions, a company specializing in loading dock equipment and warehouse safety products, based in Burleson, Texas.
Kent RO Systems signed a brand licensing agreement with Black & Decker to manufacture water purifiers in India under the Black & Decker brand and ship them to the US market.