CIVCO Medical Solutions broke ground on a $15 million, 96,000-square-foot facility in Coralville, Iowa, on October 27, 2023. The facility will consolidate corporate staff and packaging/distribution operations from Kalona, housing all 180 Iowa employees, and is set to open in 2025.
PGT Innovations will invest $54.3 million to establish a glass manufacturing operation at the former Rolls-Royce facility in Prince George County, Virginia, creating 659 jobs. The plant will operate under its Triple Diamond Glass subsidiary.
Siemens announced a $290 million investment in the United States across three locations: $150 million for a new manufacturing plant in Dallas-Fort Worth, Texas, to produce electrical equipment for data centres and infrastructure, and $140 million for two electrical-products manufacturing plants in Grande Prairie, Texas, and Pomona, California.
GCT Semiconductor, a fabless designer of 5G semiconductor solutions, has entered into a business combination agreement with Concord Acquisition Corp III. The transaction values GCT at a pro forma enterprise value of approximately $461 million and is expected to provide up to $87 million in gross proceeds.
Inari Medical has agreed to acquire LimFlow, a maker of a limb-saving device for chronic limb-threatening ischemia, for $250 million in cash upfront plus up to $165 million in milestone payments. The transaction is expected to close in Q4 2023.
Siemens announced a $150 million investment in a new high-tech manufacturing plant in Dallas-Fort Worth to produce electrical equipment for data centers and critical infrastructure, creating jobs as part of a $500 million U.S. investment plan.
Cameco and Brookfield Renewable Partners received regulatory approval to acquire Westinghouse Electric for $7.9 billion, with closing expected on or about November 7, 2023.
Infinity Operators, a subsidiary of Infinity Valve & Supply, is investing $1.1 million to expand its air compression division manufacturing facility in Lafayette Parish, creating 68 direct jobs.
Conner Industries, a provider of lumber, industrial wood crates and pallets, acquired Denver Reel & Pallet Company, a custom wooden crate and pallet business in Denver, Colorado.
LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.
Dassault Falcon Jet held a groundbreaking ceremony for a new 175,000-square-foot maintenance facility at Melbourne Orlando International Airport. The project involves a capital investment of $115 million and is expected to create 400 new jobs, with opening set for late 2024.
EIS, a distributor of electrical process materials, acquired Power Grid Supply, a supplier of transformer parts and components, to expand its product portfolio and geographic reach in North America.
Wisconsin Aluminum Foundry received $22 million in New Markets Tax Credit investments from Cinnaire and Impact Seven to build a new 50,000-square-foot foundry and renovate 12,000 square feet of office space in Manitowoc, creating about 80 jobs.
Array Technologies announced a $50 million expansion with a new manufacturing campus in Bernalillo County, New Mexico, securing hundreds of jobs.
Dingli will increase its stake in MEC from 25% to 49.8%, then buy the remaining shares to take full ownership. The deal will enable MEC to expand its US facilities.
Dubal Extrusion Investment (DEI), a unit of Dubal Holding, has completed the acquisition of Thermalex, an aluminium extrusion company specializing in multiport extruded tube, located in Montgomery, Alabama, US.
Generac Power Systems hired Oliver Construction to build a new 320,000-square-foot manufacturing facility in Beaver Dam, Wisconsin, to produce industrial generators, creating 350-400 jobs.
Advanced Drainage Systems announced it will build a new state-of-the-art pipe manufacturing facility in Lake Wales, Florida, breaking ground in 2024 on a 100-acre site.
Eaton will invest an additional $22 million in equipment to increase manufacturing capacity of three-phase transformers at its Waukesha, Wisconsin facility.
Pennsylvania Transformer Technology, a manufacturer of power transformers based in Canonsburg, Pennsylvania, was acquired by Quanta Services in November 2023.
Solvay confirmed plans to build a new battery-grade PVDF facility in Augusta, Georgia, in a joint venture with Orbia. The facility will supply material for over 5 million EV batteries per year and create hundreds of jobs.
Ethernity Networks signed an extended license contract valued at $475,000 with a Tier 1 U.S. military aerospace customer, expected to be fulfilled in Q4 2023. Total anticipated revenue from the customer in Q4 2023 is $555,000.
Texas Instruments broke ground on LFAB2, a new 300-mm semiconductor wafer fabrication plant in Lehi, Utah. The $11 billion investment is expected to create 800 jobs, with first production as early as 2026.
BorgWarner secured an agreement to supply its bi-directional 800V onboard charger for a major North American OEM's premium BEV platforms, with production starting in January 2027.
Klöckner & Co agreed to acquire Industrial Manufacturing Services (IMS) through its U.S. subsidiary Kloeckner Metals Corporation, expanding its metal fabrication business in the USA.
Mitsubishi Electric Corporation and Visual Components announced a joint venture to establish ME Industrial Simulation Software Corporation, combining Visual Components' 3D simulation software with Mitsubishi Electric's factory automation expertise.
CORE Industrial Partners has announced a new investment in Century Box, a Methuen, Massachusetts-based maker of folding cartons for store-brand food and consumer products.
Mullen Automotive opened a battery module and pack development facility in Fullerton, California, in November 2023, focusing on scaling U.S.-made EV battery module and pack production.
Stellar Snacks opened its second production facility in Louisville, Kentucky, with a $137 million investment.
Clean Solutions Group acquired HDK Industries, a manufacturer of nonwoven fabrics and composites based in Rogersville, Tennessee. The acquisition took place in November 2023.
Nucor Corporation approved $280 million to modernize its steel plate mill in Tuscaloosa, Alabama. The investment will upgrade the rolling mill to strengthen competitiveness and open new market opportunities.
Huizenga Group Automation acquired Adaptek Systems, an automation systems design firm, and API Alliance, a manufacturer of custom electronics and electro-mechanical assemblies. Both companies are headquartered in Fort Wayne, Indiana.
Rodda Paint Co. acquired Valley Paint Manufacturing, a producer of industrial coatings based in Woods Cross, Utah. The acquisition was completed in November 2023.
Hyundai Industrial Co. announced a $24 million project near Newnan, Georgia, to supply parts to Hyundai and Kia plants. The facility will employ about 100 workers.
Peruvian-based Grupo UNACEM finalized the acquisition of 100% shares of Martin Marietta Southern California Cement, LLC for $315 million. The acquisition includes an integrated clinker and cement operation in Tehachapi, California.
The Ford Meter Box Company broke ground on a 300,000-square-foot non-ferrous foundry on a 90-acre site in Wabash, Indiana. The expansion is expected to cost between $250 million and $300 million.
Kymera International, a specialty materials company, has closed the acquisition of the majority of assets of KDF Fluid Treatment Inc., a provider of sustainable media for water and industrial treatment systems based in Three Rivers, Michigan.
TTM Technologies plans a $100 million expansion at its DeWitt, New York plant, adding 400 jobs and producing cutting-edge PCBs for the U.S. military, with groundbreaking in 2024 and production by 2025.
TTM Technologies announced New York State as the location for a proposed new greenfield facility in Syracuse to produce ultra-HDI PCBs for national security, expected to create 400 jobs.
Sandvik is investing over $50 million to build its largest US facility in Elko, Nevada. Construction begins in Q4 2023, with expected opening in Q1 2025, replacing existing offices and warehouse.
Chevron Phillips Chemical (CPChem) and QatarEnergy are building the Golden Triangle Polymers Company integrated polymers facility in Orange, Texas. The $8.5 billion plant will have over 2 million mt/yr of ethane and HDPE capacity and is expected to begin operation in 2026, creating 300 permanent jobs.
Walinga USA is constructing a new facility in Wayland, Michigan, creating 31 jobs as part of a project supported by the Michigan Strategic Fund.
P&THE Manufacturing Michigan, LLC is expanding in Spring Lake Township, Michigan, investing $2.6 million and creating 107 jobs.
ORBIS Corporation has expanded its Urbana, Ohio manufacturing plant, adding 30% more space for producing reusable totes and pallets and allowing more presses and tools. The expansion raises the company's overall molding capacity by 10%.
An unnamed South Korean auto parts maker plans to build a $176 million plant in Dublin, Georgia, to supply the nearby Hyundai facility, creating 460 jobs.
Gulfstream Aerospace completed a 142,000-square-foot expansion at its Savannah manufacturing facility for the G400, G500 and G600 aircraft. The $150 million investment is expected to add 1,600 new jobs.
Toyota announced an additional $8 billion investment and 3,000 jobs at Toyota Battery Manufacturing North Carolina in Liberty, bringing total investment to $13.9 billion and jobs to over 5,000. Eight new BEV/PHEV battery lines will be added, with production reaching over 30 GWh annually by 2030.
Asahi Kasei announced a ¥40 billion investment to install new coating lines for Hipore lithium-ion battery separators at existing facilities in the US, Japan, and South Korea. The expansion adds 700 million m²/year of coating capacity, with start-up from the first half of fiscal 2026.
Freeport-McMoRan and Caterpillar announced a collaboration to convert 33 Cat 793 haul trucks to an autonomous haulage system at the Bagdad copper mine in Arizona. The three-year project aims to improve safety and reduce emissions.
Hwashin, a Korean automotive parts supplier, will establish a new manufacturing facility in Dublin, Georgia, investing over $176 million and creating over 460 jobs. The plant will produce chassis components for OEMs including Hyundai and Kia, with production starting in late 2025.