SHL Medical, a Swiss medical device manufacturer, acquired Superior Tooling, a US-based manufacturer of plastic injection molds in Wake Forest, North Carolina, to support its upcoming manufacturing site in North Charleston.

Automated Equipment Holding Company LLC (AEH), a portfolio company of MSouth Equity Partners, acquired Rethceif Packaging LLC, a manufacturer of automated form-fill-seal packaging and robotic palletizing equipment based in Ossian, Indiana.

John Bean Technologies (JBT) Corp. announced a voluntary takeover offer to acquire all shares of Marel at €3.6 per share, valuing Marel at €2.7 billion. The offer is expected to close in H2 2024, with the combined company to be named JBT Marel Corp.

Ares Management Corporation launched a new automation company, Automated Industrial Robotics Inc. (AIR), and acquired Totally Automated Systems (TAS) and Modular Automation as foundational companies. AIR was formed in August 2023.

Hahn & Company acquired a 100% stake in Cynosure through Lutronic for approximately 350 billion won, and signed a merger agreement between Lutronic and Cynosure, expected to close in Q1 2024.

Cynosure and Lutronic have entered into a definitive merger agreement to combine, creating a global leader in medical aesthetic systems. Terms were not disclosed.

Kaman Corp. has entered into a definitive agreement to be acquired by Arcline Investment Management in an all-cash transaction valued at approximately $1.8 billion, with shareholders receiving $46.00 per share.

Cascades converted the former Bear Island paper mill in Hanover County, Virginia into a recycled linerboard facility, announced in October 2020 with a $380 million investment. The first roll of containerboard was produced in May 2023.

CIMCO Refrigeration, a Toromont Industries company, has opened a 42,000-sq.-ft. manufacturing facility in Duncan, South Carolina, to produce natural refrigerant industrial refrigeration components and packages for food, beverage, and ice rink industries.

Allison Transmission received an $83.3 million contract from the U.S. Army to supply upgraded and new X1100 transmissions for Abrams Main Battle Tank variants, with deliveries from January to December 2024.

Almek is investing in a new production corporation in the Montgomery area of Alabama, USA, together with a logistics corporation, expected to be fully operational in 2026 with an annual production capacity of 15,000 tons.

Almek signed a 10.7 billion KRW contract to supply electric vehicle platform frame parts to US company KENONA, with deliveries from February 2024 to October 2024. A total of 106.9 billion KRW in parts is to be delivered by 2030.

TechnipFMC was awarded a major contract by bp for the Argos Southwest Extension in the Mad Dog field in the Gulf of Mexico. The work covers installing a pipe and umbilical to connect three new wells and manufacturing and installing pipeline end terminations.

Wieland Rolled Products North America announced a $500 million investment to re-equip, expand and modernize its East Alton, Illinois facility, subject to state and local incentives, to increase production of copper and copper alloy components for EVs and renewable energy.

Ice Industries was awarded an additional long-term contract to supply steel back rails for solar modules to First Solar, and plans to invest up to $9.8 million in a new facility in Louisiana, creating up to 110 jobs.

NISS was awarded a 3-year drilling contract by Nevada Gold Mines, the world's largest gold-producing complex, for mineral resource management.

Martin Marietta acquired Albert Frei & Sons, a crushed stone producer with quarries serving Colorado markets. The deal provides Martin Marietta with 60 years of hard rock reserves in the Denver metropolitan area.

Lindsay Corporation announces plans to invest more than $50 million over two years to expand and modernize its largest global manufacturing facility in Lindsay, Nebraska, implementing Industry 4.0 technologies.

Medical device companies Arrotek Medical Ltd. and NeedleTech merge under the Arrotek brand, combining design and manufacturing services for medtech organizations.

Bamberger Polymers and Amco Polymers are merging to form Bamberger Amco Polymers, a polymer distribution company. Full integration is expected by March 2024.

FEDCO announced a multi-million-dollar investment to increase manufacturing capacity at its Monroe, Michigan facility. Six new CNC machines will be commissioned in Q1 2024, doubling production capacity on core products.

Wieland announced a $500 million capital investment to re-equip, expand, and modernize its copper and copper alloy facility in East Alton, Illinois. The project includes a new hot rolling mill to increase production of components for EVs, EV charging infrastructure, and renewable energy.

Miter Brands will acquire all outstanding shares of PGT Innovations at $42.00 per share, representing an enterprise value of approximately $3.1 billion. The transaction is expected to close by mid-2024.

Gradient, a startup making window-mounted heat pumps, is in line for $17.5 million in federal funding to establish a Michigan plant employing about 300 people with capacity of 100,000 units a year. The final contracts have not yet been signed.

Johnson Controls plans to expand heat-pump manufacturing at three U.S. plants with more than $33 million in federal funding plus matching funds, pushing output above 200,000 units a year and creating close to 1,000 jobs. Final contracts with the Department of Energy were not yet signed.

Republic Services' new Las Vegas Polymer Center will supply post-consumer PET flake to Circularix for food-grade recycled packaging. The Polymer Center started up in December 2023 with an estimated 100 million pounds per year capacity.

Circularix signed a supply agreement to source some of its postconsumer PET flake from Republic Services' Polymer Centers. Circularix's Hatfield, Pennsylvania site can produce 55 million pounds of food-grade rPET pellets annually.

TechnipFMC has been awarded a contract by BP for the Argos Southwest Extension project in the Mad Dog field, Gulf of Mexico. The work covers installing pipe and an umbilical to tie back three new wells, plus pipeline end terminations. The contract is described as significant, worth between $75 million and $250 million.

L3Harris Technologies received a contract valued at up to $919 million from the Space Development Agency to design and build 18 infrared space vehicles for the Tranche 2 Tracking Layer program, providing near-global missile warning and tracking coverage.

RTC Aerospace LLC acquired Vanderhorst Brothers Industries, a manufacturer of precision components for aerospace, defense, and space industries based in Simi Valley, California. Financial terms were not disclosed.

Platinum Equity signed a definitive agreement to sell the Hunterstown combined-cycle gas turbine power generation facility in Gettysburg, Pennsylvania, to LS Power. The transaction is expected to close in Q2 2024.

Solenis will invest $193 million to expand its operation in Suffolk, Virginia, building a new 80,000-sq-ft production facility, packaging facility, tank farm, and rail spur for polyvinylamine polymer products. The expansion will create 34 jobs.

The European Commission has approved the creation of a joint venture by Ford, BMW and Honda to provide grid services to electric utility companies in the US and Canada.

Martin Marietta Materials has completed the acquisition of Albert Frei & Sons, Inc.

Navis TubeTex and Fibroline formed a strategic partnership to transform the dry impregnation technology sector in the USA using Fibroline's patented dry impregnation technology.

Scott Bader's two-year build of a $16 million new manufacturing facility in Mocksville, USA, becomes fully operational in 2024.

Synopsys has entered a definitive agreement to acquire Ansys for approximately $35 billion in cash and stock, combining EDA with simulation and analysis.

DRT Holdings announced the purchase of U.S.-based Custom Machining Corporation for an undisclosed sum; CMC joins DRT's Metal Packaging Systems segment, which makes rotary end coating systems for metal packaging.

FEDCO announced a multi-million-dollar investment to increase manufacturing capacity in Monroe, Michigan, including six new CNC machines to double production capacity on core products, commissioned in Q1 2024.

Survitec acquired Vinyl Technology, a manufacturer of custom textile and polymer film products, in January 2024.

PERM Machine & Tool Co has acquired C&S Machinery Rebuilders of Paterson, New Jersey. C&S's operations have been relocated to PERM's main facility in Saint John, Indiana.

Milliken signed an agreement to acquire Borchers Group, a specialty chemicals company, from The Jordan Company. The acquisition is expected to close in January 2020.

Norplex-Micarta signed a definitive agreement to acquire Solvay's CYPLY series of laminated sheets. The transaction is expected to close in early 2021, and the brand will be renamed NorPLY.

Sandvik received its largest ever order for surface drill rigs, valued at SEK 248 million, from U.S. dealer Country Boy Supply. The order includes 34 rigs for use in quarries and mines in Georgia and Tennessee.

Zhongwang USA LLC announced an agreement to acquire Aleris for $2.33 billion, including $1.11 billion in cash equity and $1.22 billion in net debt. Aleris will retain its name and personnel.

GE Aviation announced an additional $105 million investment in its ceramic matrix composite plant in Asheville, North Carolina, adding 131 jobs. The company will also add 15 jobs at its West Jefferson facility.

Allegheny Technologies Inc. (ATI) acquired Addaero Manufacturing, a metal additive manufacturing company serving the defense and aerospace industries, based in New Britain, Connecticut.

GE Aviation plans to invest $50 million to expand its additive manufacturing business at its Auburn, Alabama plant, adding 60 jobs and installing new 3D printing machines to mass-produce a second aircraft engine component, the bracket for the GEnx-2B engine.

LyondellBasell completed the acquisition of Schulman, a supplier of high-performance plastic blends, composites and powders, for $2.25 billion. The combined business creates a compounding giant with $4.6 billion in revenue.

Gränges, a Swedish aluminum profile maker, announced it had terminated plans to form a joint venture with Japan's Mitsubishi Aluminum in the United States to produce aluminum materials for brazed automotive heat exchangers, citing insufficient risk-reward attractiveness.