Lockheed Martin awarded Terran Orbital a contract to build 36 satellite buses for the SDA's Tranche 2 Transport Layer Beta constellation. Terran Orbital will deliver the buses to Lockheed Martin for payload integration.
Alro Steel acquired Pottinger Steel, a steel service center in Racine, Wisconsin, on November 3, 2023. The Racine location will continue operations as Alro Metals Outlet, and Matt Rinehart will join Alro as General Manager.
Vitro plans to invest an additional $180 million to upgrade one of its furnaces at its Meadville, Pennsylvania plant and adapt other facilities to support First Solar's growing manufacturing capacity.
Vitro expanded its contract with First Solar to supply $1.3 billion of glass front sheets for thin-film solar panels over the next 10 years, broadening an original $1.2 billion deal from May. Production for the expansion is set to begin in the first quarter of 2026.
Sky Peak Capital acquired TriStar Plastics Corp., a provider of engineered plastic solutions and self-lubricating bearings headquartered in Shrewsbury, Massachusetts, with facilities in North Carolina, Illinois, and California.
A South Korean automotive seat frame manufacturer will open a factory in Georgia to supply Hyundai Motor Group's new facility, investing $72.5 million and creating 500 jobs.
GT USA's Canaveral Cargo Terminal has received and assembled a Liebherr TCC-BOS 14000 movable harbour crane, one of the largest in the US, to support space industry activities at Port Canaveral, Florida.
LBB Specialties has announced a partnership with Viscofan DE to become the preferred distributor of Viscofan's collagen hydrolysates in the United States.
Watts Water Technologies has completed the acquisition of Bradley Corporation for $303 million, subject to adjustments, with a net transaction value of approximately $268 million.
MKS Plastics is investing $14 million to double the size of its production facility in Tangipahoa Parish, Louisiana, adding 48,000 square feet and 20 new jobs, with completion expected by end of 2024.
SunOpta opened a new 286,000 square-foot aseptic manufacturing facility in Midlothian, Texas, producing plant-based milks, teas, and protein drinks. Construction began in fall 2021, and the facility includes space for a 150,000 square-foot future expansion.
Alumichem North America acquired the U.S. water treatment division of Northstar Chemical, strengthening its water treatment capabilities in North America.
Factorial Energy opened a new battery manufacturing facility in Methuen, Massachusetts, representing a $50 million investment. The facility will house a 200MWh solid-state battery assembly line and is expected to create over 150 jobs.
Nucor Steel held a groundbreaking ceremony for a new state-of-the-art sheet mill in Apple Grove, West Virginia. The $3.1 billion investment is expected to create 800 full-time jobs and 2,000 construction jobs.
Jungheinrich and Mitsubishi Logisnext Americas are expanding their existing joint venture MCJ Supply Chain Solutions LLC to combine their AGV portfolios (Rocla and Jungheinrich) for mobile automation solutions in North America, with headquarters in Houston, Texas.
Ryder System has entered a definitive agreement to acquire all equity of IFS Holdings (Impact Fulfillment Services), which runs 15 contract packaging, manufacturing and warehousing operations in nine US states. The deal is expected to close in early November 2023, subject to antitrust approvals.
Kempower is investing $41 million in a new DC charger production plant in Durham County, North Carolina, with $3 million in state subsidies. The plant is expected to start production before the end of 2023.
ProMach, a leader in processing and packaging solutions, acquired Sentry Equipment & Erectors Inc., a manufacturer of conveyor and container handling machines. Sentry has over 230 employees and is based in Forest, VA.
Avery Dennison has signed a definitive agreement to acquire Silver Crystal Group, a player in sports apparel customization and application.
Biomass Engineering & Equipment (BE&E) will acquire the Vibrapro brand and manufacturing operations in Boise, Idaho, and the BID Group fabrication plant in Greenville, Kentucky, as part of a strategic supply and outsourcing partnership with BID Group.
Tecnikabel, an Italian specialty cable manufacturer, has acquired EIS Wire & Cable of South Hadley, Massachusetts, a supplier of specialty cables for defense electronics and industrial automation. The deal strengthens Tecnikabel's presence in the US market.
Inomedic Health Applications has won a potential seven-year, $208.1 million contract from the U.S. Department of Energy to provide occupational medical services at the Hanford Site in Washington state.
TWC Services acquired Upton Refrigeration Sales and Service Inc., a commercial ice machine leasing and refrigeration equipment company in Panama City, Florida.
US lifting equipment manufacturer Crosby announced that the company will adopt the brand Kito Crosby.
Masonite International Corporation acquired Fleetwood Aluminum Products, a manufacturer of premium aluminum-framed glass door systems, for $285 million in cash.
Aluminum Dynamics contracted Gillespie & Powers and partners to supply casthouse equipment including furnaces, pre-treatment, and air pollution control equipment for facilities in Columbus, Gila Bend, and San Luis Potosi.
Precision Optics Corporation received $680,000 in initial production orders from a top-tier defense/aerospace company for a new optical assembly. The order is expected to be delivered during fiscal 2024.
The Aeromotive Group and Roadster Shop have merged to form a combined company operating as Roadster Shop, aiming to accelerate growth in the automotive aftermarket.
Holcim US will invest $100 million to expand its Ste. Genevieve cement plant in Missouri, increasing capacity by 15% to 4.6 Mt/yr. The expansion includes a fifth vertical roller mill and a new mineral component addition system. Construction is set to commence in 2024.
Concentric AB has been awarded a contract by an existing global OEM customer for precision machined components for medium-duty trucks. Deliveries will start in April 2024 from the Escanaba, Michigan facility, with expected annual revenues of MSEK 38 from 2025 to 2027.
Hennig Inc., a provider of machine protection and coolant management systems, acquired Industrial Coolant Systems (ICS), a developer of high-pressure coolant systems and filtration systems based in Denver.
CEME Group announced the acquisition of Micropump, a US pump maker headquartered in Vancouver, Washington, to expand its fluid control offering. The announcement was dated 2023-10-19 and no price was given.
Advanced Biologics (known commercially as Biologica Technologies) has merged with Isto Biologics, integrating Advanced Biologics' proprietary products into Isto's allograft portfolio.
EMD Electronics, the electronics business of Merck KGaA in the US and Canada, will invest roughly USD 300 million to expand its semiconductor manufacturing site in Hometown, Pennsylvania, creating the world's largest integrated specialty gases facility. The expansion is expected to create at least 68 new jobs.
Circle Packaging Machinery has acquired Wrapade Packaging Systems, a manufacturer of unit-dose packaging equipment for the confectionery industry. Wrapade's operations will be merged into Circle's expanded facility in Wisconsin.
The Georgia Ports Authority received four new super post-Panamax electric tower cranes designed by Konecranes at the Garden City Terminal in Savannah, USA. The cranes are part of a $1.9 billion infrastructure improvement plan.
KIHOMAC, Inc. was awarded a $7 million Low-Rate Initial Production contract by the Air Force Life Cycle Management Center for the F-35 MXU-1072/A Advanced Travel Pod.
SPX Cooling Tech announced the opening of a new 100,000-square-foot manufacturing facility in Springfield, Missouri, to expand capacity for cooling towers and fluid coolers. The facility is expected to be operational within six months and employ about 60 people.
Airbus broke ground on a third A320 Final Assembly Line at its Mobile, Alabama facility, a 350,000-square-foot expansion expected to be completed in Q3 2025 and create 1,000 jobs. The company has invested over $1 billion in the site.
Dan Daniel, a KKR Executive Advisor and former Danaher executive, becomes Chair of CIRCOR International as the KKR transaction closes. The change was announced on 2023-10-18.
Investment affiliates of KKR completed their acquisition of CIRCOR International at $56.00 per share, and CIRCOR stock stopped trading on the NYSE. The completion was announced on 2023-10-18.
Jackson's announced an expansion plan to nearly triple production of its kettle-cooked sweet potato chips.
Greensea IQ celebrated the 25,000 square foot expansion of its Cordage Park production facility on October 17, 2023, to manufacture navigation and robotics systems including Bayonet crawlers, EverClean robots, and OPENSEA Edge hardware.
Aluminum Dynamics, a subsidiary of Steel Dynamics, signed a contract with Gillespie & Powers, Hustler Conveyor, American Pulverizer, and ETA Engineering to supply furnace, scrap processing, and pollution control equipment for three new aluminum facilities in Mississippi, Arizona, and Mexico.
Colclasher Enterprises will invest $9 million in a new plastic pipe production facility in Selma's Craig Industrial Park, creating 21 jobs. The first two production lines are expected to become operational in Q1 and Q3 of 2024, with a third line possible by 2027.
Southeast Mechanical acquired Total Services HVAC and Appliances Company, based in Guyton, Georgia, marking SEM's first expansion into the Georgia market. Total Services provides HVAC home services.
Wisconsin Aluminum Foundry will build a 50,000-square-foot foundry and renovate 12,000 square feet of office space in Manitowoc, Wisconsin, supported by an $11 million New Markets Tax Credit investment from Cinnaire. The expansion will create 80 new jobs.
Canadian GM supplier Ground Effects (GFX) is planning a new factory on a 22-acre site in Orion Township, Michigan, creating 250 jobs.
Falk Panel plans a $35 million investment to add 65,000 sq ft for a second insulated metal panel production line and a 24,000 sq ft metal trim shop at its Walker, Michigan factory, creating 45 jobs.
Hill's Pet Nutrition has opened a new 365,000 sq ft smart facility in Tonganoxie, Kansas, with an investment of over $450 million, creating more than 100 jobs, to increase wet pet food production capacity.