Picocyl has expanded its United States-based manufacturing facility in Golden, Colorado by over sixty percent, adding a state-of-the-art fully-automated production line for medical-grade micro gas-powered cylinders. The build-out was completed within six months.
Ascend Elements has signed a contract to engineer and supply sustainable cathode active material (CAM) for Freudenberg e-Power Systems' battery cells manufactured at the XALT Energy plant in Midland, Michigan.
White Cap, a distributor of specialty construction supplies, entered a definitive agreement to acquire BrownCo Manufacturing & Sales, a distributor of specialty concrete products in Oklahoma.
Sauer Compressors USA, an affiliate of J.P. Sauer & Sohn GmbH, announced plans to expand its facilities and workforce and to pursue strategic acquisitions in North America.
Ametek Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined into a single business named Bison, headquartered in Kent, Ohio, as a unit of Ametek Inc.
Novelis signed an anchor customer contract with Ball Corporation in early 2023 to supply aluminum beverage can sheet from its new Bay Minette, Alabama plant, which has secured all of that plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
Erie Forge and Steel was awarded a $9,264,488 firm-fixed-price contract by the U.S. Navy for the procurement of two Virginia-class submarine shafts. Work will be performed in Erie, Pennsylvania, with completion expected by June 2026.
CCC and LiftKing Manufacturing were awarded a fixed-price contract by the U.S. Department of Defense to supply multiple 4K and 6K diesel low profile forklifts for shipboard use. The forklifts are manufactured by LiftKing in Ontario, Canada.
TransDigm Group has entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries (CPI) for approximately $1.385 billion in cash. The business generated about $300 million in revenue in its fiscal year ended September 30, 2023, and employs approximately 900 people.
BMH acquired Myers Forklift of Dowagiac, Michigan, gaining rights to sell and service Heli forklifts in the Midwest.
Extruded Aluminum Corporation (EAC) is expanding its Belding, Michigan facility with a nearly $35 million capital expansion, adding 180,000 square feet and one of the largest aluminum presses in Michigan, supported by a long-term partnership with ARRAY Technologies. The expansion is expected to add 35-40 new jobs.
Novelis signed a long-term anchor customer contract with Ball Corporation to supply aluminum can sheet from its new Bay Minette, Alabama plant, which has secured all of the plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
DRT Holdings, LLC acquired Custom Machining Corporation, a provider of high-speed liner systems for metal packaging. Terms were not disclosed. CMC will join DRT's Metal Packaging Systems segment.
McNeely Plastic Products will expand its manufacturing facility in Clinton, Mississippi, by 30,000 ft² and add a 57,000 ft² warehouse, creating 50 direct jobs. The project is supported by tax credits and a $17M loan.
A.O. Smith Corporation acquired Water Tec of Tucson, an Arizona-based water treatment equipment manufacturer and dealer, in an all-cash transaction. Terms were not disclosed.
Novelis signed a long-term anchor customer contract with Ball Corporation to supply aluminum can sheet from its new Bay Minette, Alabama plant, which has secured all of the plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
EGCO Group, through its subsidiary EGCO Compass II, LLC, signed an agreement to acquire a 50% interest in the 1,304 MW Compass Portfolio of three natural gas-fired power plants in the northeastern US for an undisclosed amount.
CS Wind announced a 900,000-square-foot expansion of its Pueblo, Colorado wind tower production facility, aiming to double capacity to 10,000 tower sections per year by 2028. Ground was broken in April 2023.
DENSO announced a $63 million investment in its Battle Creek thermal manufacturing facility to retool production lines for vehicle electrification products.
Glenroy, a flexible packaging converter, purchased a ten-colour MIRAFLEX II printing press from Windmöller & Hölscher to improve print quality and efficiency. The investment was announced in September 2023.
Heartisan Foods, a specialty cheese manufacturer, acquired North Country Packaging, also based in Barron County, Wisconsin. The deal triples Heartisan's manufacturing capacity and was financed with a $10 million revolving credit line from Ronin.
Major Tool & Machine is undertaking a $21 million expansion of its Indianapolis facility, adding 51,000 square feet to boost production capacity for semiconductor industry components, particularly for EUV lithography equipment. Construction began in January 2023, with completion expected by April 2024 and equipment installation through 2025.
Fibertex Nonwovens has begun the phased rollout of the first of two new spunlace production lines at its facility in Greenville, South Carolina, as part of a EUR 80.5 million investment program announced in 2021.
Kohler Power Systems announced a 155,000 square-foot expansion to its manufacturing facility in Mosel, Wisconsin, including production and testing space, warehousing, and a customer experience center. The expansion supports growth in mission critical and data center markets.
Sonoco completed its acquisition of the remaining equity in RTS Packaging from joint venture partner WestRock, along with a WestRock paper mill in Chattanooga, Tennessee, for $330 million. The deal adds 15 operations and 1,100 employees.
SAERTEX MultiCom LP held opening ceremonies for new facilities in Huntersville, North Carolina, adding capabilities and capacities for manufacturing UV-cured fiberglass-reinforced pipe liner.
Cembrane celebrated the grand opening of its new mega factory in Hutto, Texas, for manufacturing silicon carbide membranes for water and wastewater treatment.
Sterling Packaging has acquired a Landa S10 Nanographic Printing Press, its first digital press, to expand capacity for short-run packaging production.
Summit Materials agreed to acquire the U.S. operations of Colombia's Cementos Argos for about $3.2 billion in cash and stock, adding four cement plants in the Southeast, Mid-Atlantic and Texas.
Resin Solutions, a portfolio company of Pacific Avenue Capital Partners, completed the acquisition of the Poly bd, Wingtack, and Dymalink product lines from TotalEnergies. Joan Braca and Anthony Glauser were appointed CEO and CFO.
Anduril Industries announced the acquisition of Blue Force Technologies, a developer of autonomous aircraft and composite aerostructures. The deal expands Anduril's autonomous fleet to include Group 5 aircraft like the Fury. Terms were not disclosed.
Spectro Alloys announced a $71 million expansion at its Rosemount campus to add aluminum recycling equipment for sorting and melting post-consumer scrap. The project will add 120 million pounds per year of capacity and create up to 50 new jobs, with groundbreaking in 2024 and operations in 2025.
Supernal LLC partnered with Qarbon Aerospace to mature induction welding techniques for thermoplastic carbon composite components, aiming to scale production of eVTOL vehicles.
Cementos Argos announced a definitive agreement to combine its U.S. operations, Argos North America Corp, with Summit Materials in a cash and stock transaction valued at $3.2 billion. Cementos Argos will receive a 31% ownership stake in the combined NYSE-listed company.
SINOMED announced the acquisition of a 72.73% equity interest in U.S.-based eLum Technologies, Inc. for USD 20.73 million, marking its entry into the neurointerventional device market. The transaction gives SINOMED control of approximately 90.91% of eLum.
AMETEK Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined on September 7, 2023 into a single business named Bison, a business of AMETEK, Inc., offering fluid-moving, motor and gear drive products.
Pratt Industries plans a new 496,000-square-foot corrugated box factory in Warner Robins, in Peach County, Georgia, with more than 125 jobs and over $120 million of investment. Operations are expected to begin in late 2024.
VRC Metal Systems LLC was awarded a $50 million cost-plus-fixed-fee contract by the U.S. Army to apply high deposition rate additive manufacturing to a wide range of applications. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 6, 2028.
Integral Aerospace LLC, doing business as PCX Aerosystems, was awarded an $11,254,020 firm-fixed-price contract by the U.S. Navy for the production and delivery of 60 480-gallon external fuel tanks for F/A-18 E/F and EA-18G aircraft. Work is expected to be completed by July 2024.
Incobrasa Industries LTD broke ground on a $250 million expansion of its manufacturing facility in Gilman, Illinois. Governor JB Pritzker joined state and local leaders to celebrate the groundbreaking.
Safran Landing Systems Kentucky, a subsidiary of Safran S.A., is investing $65 million into its Walton, Kentucky campus to expand manufacturing capabilities for aircraft wheels and carbon brakes. The expansion is expected to create 92 jobs.
A South Korean company that makes automotive seating announced plans to build a $35 million factory in Metter, Georgia, to supply a new Hyundai Motor Group plant near Savannah. The project is expected to create 300 jobs.
Capital Alignment Partners announced a debt and equity investment in BMH Equipment LLC to support its acquisition of an Ohio-based forklift dealership and service provider. BMH is a distributor of material handling equipment.
Morris Sheet Metal, a subsidiary of Alpine 4 Holdings, was awarded $5.1 million in contracts for mechanical installation at a new lithium-ion battery plant being built by Stellantis and Samsung SDI in Indiana.
Asko Holding acquired a majority stake in Hy-Brid Lifts, a designer and manufacturer of hybrid scissor lifts based in Richfield, Wisconsin. The terms of the transaction were not disclosed.
Clayco broke ground on a $1.5 billion manufacturing facility in Terre Haute, Indiana, for Entek to produce lithium-ion battery separator materials. The project includes four buildings across 1.4 million square feet and is partly funded by a $200 million DOE grant.
OSARO and FANUC America have formed a technical and commercial partnership to combine OSARO's SightWorks vision software with FANUC's pick-and-place robots for e-commerce fulfillment. A demonstration robot will be installed at FANUC's Innovation Center in Rochester Hills, Michigan.
ENTEK broke ground on a $1.5 billion lithium-ion battery separator plant in Terre Haute, Indiana. The 1.4-million-square-foot facility will produce up to 1.4 billion square meters of separators per year and create over 640 jobs by 2027.
Accelera by Cummins, Daimler Truck and PACCAR announced a joint venture to manufacture lithium-iron-phosphate battery cells for electric commercial vehicles and industrial applications in the United States. Total investment is expected to be $2-3 billion for a 21-gigawatt hour factory. EVE Energy will be the technology partner with 10% ownership.
Tellurian signed a deal with Baker Hughes to supply eight main refrigerant compression packages, including LM6000PF+ gas turbines and compressors, for Phase 1 of the proposed Driftwood LNG plant near Lake Charles, Louisiana.