Serioplast, an Italian rigid plastic packaging maker, will invest $25,725,000 to occupy a 140,000 sq ft industrial facility in Shenandoah County, Virginia, creating 45 new jobs.
Ampo Poyam Valves delivered what it describes as the world's largest cryogenic ball valves, 60-inch units, for Cheniere's Corpus Christi Liquefaction LNG plant in Texas. The announcement was dated 6 February 2025.
ORBIS Corporation opened a new manufacturing plant in Greenville, Texas, repurposing an existing facility, producing reusable totes and pallets; it is expected to reach full production by spring 2025 and create more than 190 jobs.
Eaton announced it would invest $340 million to add a third US facility for manufacturing three-phase transformers in Jonesville, South Carolina. The site will support 700 new jobs and begin hiring and production in 2027.
International Paper announced a new greenfield box plant in Waterloo, Iowa, near protein-segment customers and with freight access to one of its mills. Construction is expected to begin in 2025.
Letica Corp., a Berry Global subsidiary, plans to expand its Fulton County, Kentucky plant with a $27.8 million investment adding 45,000 sq ft of warehouse space and creating 15 new jobs.
RIDGID, part of Emerson, completed a 30,000 sq ft press jaw manufacturing expansion at its Elyria, Ohio headquarters with robotic systems and milling machines. The investment doubles annual jaw set production capacity and cuts lead time by 30 days.
GE Vernova announced plans to invest more than $160 million and hire more than 650 new employees at its Greenville, South Carolina gas turbine factory. The investment supports capacity growth, quality, industrialization and new hydrogen testing capabilities.
US-based packaging provider AE Global merged with industrial packaging supplier Acorn East to expand combined footprint across industrial packaging, custom packaging, equipment and automation. The merged entity will set up its national headquarters in a 150,000 sq ft facility at Sunshine State Park.
IMI plans a $38 million manufacturing facility in Lake Forest, California, to support its IMI CCI actuator and control valve brand, self-funded by selling its Rancho Santa Margarita site, with the move targeted for early 2026.
RTX's Pratt & Whitney plans a $285 million investment to expand its Buncombe County jet engine parts operations, expected to create 325 jobs from 2026 over five years, supported by a $4.2 million state JDIG grant.
Greene Concepts Inc. announced a partnership with Oman-based APEX Transgulf Manufacturing to use APEX's PET preform units so it can blow its own BE WATER bottles at its Marion, North Carolina bottling plant.
Emerson agreed to acquire all AspenTech common stock it does not already own at $265.00 per share via an all-cash tender offer. The minority stake is valued at $7.2 billion and the total company at $17.0 billion market capitalization.
Summa America appointed Bryan Timmerman as Managing Director of North America, reporting directly to CEO Stijn Henderickx. The announcement was published in January 2025.
Beverage packaging maker REV Copack is investing $3.1 million to move from its Jenkins Township site to a larger Pittston-area facility, going from two to at least four production lines. Pennsylvania is providing a $1.5 million PIDA loan and a $55,000 WEDnetPA training grant, with at least 132 new jobs committed.
Filling and closing machine maker groninger USA will invest $15.1 million to expand its manufacturing operations in Charlotte's Steele Creek submarket, creating 60 new jobs.
Irving Consumer Products announced a USD 600 million Phase 3 expansion at its Macon, Georgia tissue mill, adding 100 jobs, a third ThruAir Drying machine, converting lines and an automated warehouse.
Valmet will deliver a third Advantage ThruAir Drying tissue machine and complete tissue production line to Irving Consumer Products' Macon, Georgia mill, with startup planned for 2027 and 75,000 tons of added annual capacity.
Canadian beverage maker Cardiff Products Corp. will invest $99.6 million to open an aseptic co-packaging facility in the Saxe Gotha Industrial Park in Lexington County, South Carolina, creating 94 jobs.
Food service packaging maker Genpak LLC announced it will invest $6.69 million to expand its Scottsburg facility, expecting to add 45 jobs by 2028.
HOERBIGER is acquiring the BICERA Explosion Relief Valve product line from Penn-Troy Manufacturing, taking over customers, IP, brand, development and production. The deal strengthens HOERBIGER's safety business in the U.S. market.
Novvia, a global rigid packaging distributor backed by Kelso, agreed to acquire packaging firm Saxco. Deal terms were not stated in the excerpt.
Bessemer-backed Tencarva, a distributor of flow control and process equipment, acquired Detroit Pump, a pump distributor serving industrial and municipal markets. No financial terms were disclosed.
Lion Equity Partners acquired Global Compression Services, a Midland, Texas provider of OEM and aftermarket parts for reciprocating natural gas engines and compressors. The seller was Warren Equipment Company and no financial terms were disclosed.
Fort Smith, Arkansas corrugated packaging maker Corrugated Specialties was acquired by its president Marcus Slavens, who takes over as chairman and CEO from Paul Henson. The sale was announced on 8 January 2025.
Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International for total upfront consideration of $350 million, including $250 million in cash, with Matthews taking a 40% stake in the new entity. The deal is expected to close in mid-2025, subject to regulatory approvals.
Fairbanks Morse Defense's Ohio unit American Fan received multiple purchase orders to supply cooling and ventilation fans for ten Flight III Arleigh Burke destroyers, via shipbuilder Ingalls Shipbuilding. Fans are made in Fairfield, Ohio.
Indeed Oilfield Supply, a Houston-based distributor of pressure control equipment, has acquired AWC Frac Valves, a Conroe, Texas manufacturer of API 6A frac valves, from Pelican Energy Partners. The business will operate as AWC Indeed.
Fairbanks Morse Defense's Hunt Valve operation received purchase orders totaling $96 million to supply ship service ball valves and forged high-pressure valves for 12 Virginia-class and five Columbia-class submarines.
Siemens, through its Dresser-Rand business, received an order for 11 HOS high-speed reciprocating compressors from a Permian Basin customer, bringing that customer's total since 2012 to 106 units.
McKinley Packaging, a subsidiary of Bio Pappel, has opened a 500,000 sq ft corrugated box manufacturing plant in Lancaster, Texas, its seventh US packaging plant, expected to employ about 125 people at full capacity.
Baker Hughes received an order from Bechtel Energy to supply gas technology equipment, including eight refrigeration compressors and eight expander compressors, for two liquefaction trains of Woodside's Louisiana LNG project with 11 Mtpa phase 1 capacity.
Engineered Foam Packaging announced a $31.5 million project to enlarge its Browntown Road plant in Bishopville, South Carolina by 200,000 square feet. The state granted a $750,000 infrastructure grant to Lee County.
DXP Enterprises acquired Arroyo Process Equipment, a Florida-headquartered distributor of pumps and process equipment, in Q1 2025.
PSG, an operating company of Dover Corporation, acquired Cryogenic Machinery Corp (Cryo-Mach), a US maker of cryogenic centrifugal pumps and mechanical seals, in Q1 2025.
Tencarva Machinery Co. acquired Detroit Pump & Mfg. Co., a Warren, Michigan distributor of pumps and fluid handling equipment, expanding its reach into the Upper Midwest. Detroit Pump will retain its management team and terms were not disclosed.
Bechtel Energy awarded Baker Hughes a liquefaction equipment order for Phase 1 of Woodside Energy's Louisiana LNG project, covering eight main refrigeration compressors and eight expander compressors for two units of about 11 mtpa combined. The final investment decision is expected next year.
Empire State Development is partnering with ITT Inc. on up to $85 million in capital expenditure from 2025 to 2029 at its Seneca Falls, Onondaga and Erie County sites, creating up to 75 jobs. ESD is providing up to $3.25 million through the Excelsior Jobs Tax Credit.
Baker Hughes received an order from Bechtel Energy to supply refrigeration compressors, LM6000PF+ gas turbines and expander-compressors for two liquefaction plants with about 11 MTPA capacity in Phase 1 of Woodside's Louisiana LNG project.
ARI-Armaturen Albert Richter announced the acquisition of Warren Controls, Inc., a control valve company based in Bethlehem, Pennsylvania, to expand its presence in the USA.
Packaging Corporation of America plans to invest $229 million in a new facility on a 78-acre site on Thornwood Drive in Newark, replacing its South 21st Street sheet plant. The company will keep all 131 employees under an enterprise zone abatement agreement.
Rauch North America and The Boston Beer Company updated their production agreement, with Boston Beer paying Rauch USD 26 million by December 23, 2024 to settle contract terms. The changes give Boston Beer more flexibility and better exit options.
Berry Global has acquired CMG Plastics, a maker of injection- and blow-molded rigid plastic packaging with production sites in Somerville, New Jersey and Brantford, Ontario and over 170 staff. CMG says the deal expands its resources and capabilities.
Palm Beach County approved Hoerbiger Corp. of America's plan for a 197,000-square-foot, $60 million manufacturing facility on 23 acres west of Delray Beach, where more than 400 people are expected to work 24 hours a day.
Per sources cited by PE Hub, private equity firm May River Capital plans to launch a sale of wastewater pump manufacturer Industrial Flow Solutions in early 2025, with Baird as sell-side adviser. No deal value has been confirmed.
Portuguese packaging manufacturer Intraplás announced a new production plant in Van Wert, Ohio, with a total investment of around €40 million. The plant will use extrusion, thermoforming and printing technology, is scheduled to start operations in summer 2025, and will create more than 50 local jobs.
Mitsubishi Electric is investing $143 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production expected from October 2027 and an estimated capacity of 1,000,000 compressors per year. The US Department of Energy awarded $50 million to MELCO HVAC US for the project.
TekniPlex Consumer Products opened a 200,000-square-foot specialty molded fiber facility in Van Wert, Ohio, representing a $40 million investment. The company plans to hire at least 100 people at the plant, its eighth specialty molded fiber plant.
Mitsubishi Electric established MELCO HVAC US, Inc. under its US holding company to convert a Mitsubishi Electric Automotive America plant in Maysville, Kentucky into a compressor factory. The investment is about $143.5 million, with production planned to start in October 2027 at a capacity of 1 million units per year.
Mitsubishi Electric will invest US$143.5 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production targeted for October 2027 and initial annual capacity of 1,000,000 compressors. The U.S. Department of Energy is providing a $50 million award.