Safran Landing Systems Kentucky will invest over $65 million to expand its Walton, Kentucky manufacturing facility, adding 92 jobs and relocating a technical team from Paris. The expansion responds to post-pandemic demand for aircraft parts.
Intel Foundry and Tower Semiconductor announced an agreement where Tower will invest up to $300 million to acquire and install equipment at Intel's advanced semiconductor facility in New Mexico, providing capacity for over 600,000 photo layers per month for 65nm power management and RF chips.
Tower Semiconductor will use Intel's Fab 11X in Rio Rancho, New Mexico, to produce power management chips, with Tower buying up to $300 million in manufacturing gear.
Waukesha Pearce Industries (WPI) acquired Memorial Machine, a company specializing in remanufacturing engine components, which will operate as a subsidiary of WPI's Engine Division.
Solitron Devices closed its acquisition of Micro Engineering Inc. (MEI), an Apopka, Florida-based manufacturer of electronic components for the medical and defense industries. The deal includes an initial payment of $3.0 million and potential earnout payments.
Zomedica, a veterinary health company, completed the acquisition of Structured Monitoring Products (SMP), maker of the VetGuardian touchless vital signs monitor for companion animals. The acquisition includes manufacturing at Zomedica's Roswell, Georgia facility.
Tuthill Corporation has entered into an agreement to acquire EaglePicher Technologies, a defense and aerospace battery manufacturer. The transaction is expected to close in 2023.
Star Cutter Company acquired the Tru Tech CNC grinding systems, units and support services business from Resonetics, including the Revolution family of grinding machines.
Intel Foundry Services and Tower Semiconductor announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity at its New Mexico facility. Tower will invest up to $300 million in equipment for the facility.
Abbott has agreed to acquire Bigfoot Biomedical, a developer of smart insulin management systems. The transaction is expected to close in Q3 2023; financial terms were not disclosed.
Baker Hughes agreed to supply eight main refrigerant compression packages, including LM6000PF+ gas turbines and refrigerant compressors, for Phase 1 of Tellurian's Driftwood LNG project. The agreement supports initial LNG production targeted for 2027.
Getinge, a Swedish medical equipment company, acquired 100% of the shares in Healthmark Industries Co. Inc., a provider of instrument care and infection control consumables, for approximately $320 million. Healthmark is based in Fraser, Michigan, USA.
MacLean Power, LLC acquired Inertia Engineering and Machine Works, Inc., a manufacturer of switchgear and automation equipment for the utility market, based in Stockton, California.
EMP Shield held a groundbreaking on September 1, 2023, for the Secure Semiconductor Manufacturing plant in Burlington, Kansas. The $1.9 billion facility is expected to create 1,200 jobs.
Tredegar Corporation announced on September 1, 2023, that it has agreed to sell its flexible packaging films business Terphane to affiliates of Oben Group for net debt-free base consideration of $116 million. The transaction includes manufacturing sites in Brazil and New York.
Hillenbrand has completed the acquisition of the Schenck Process Food and Performance Materials business from Schenck Process Group for an enterprise value of approximately $730 million, adding over 1,300 employees and complementary technologies.
US-based canmaking equipment manufacturer Belvac Production Machinery has acquired Arc Pacific to strengthen its position in the two-piece canmaking machinery sector.
TCCI, an automotive compressor maker in Decatur, Illinois, plans to invest some $20 million to shift EV compressor production to its home base, supported by a state REV Illinois Act incentive package and $21.3 million in Rebuild Illinois grants for an EV cluster.
Flexpak LLC completed its acquisition of Katzke Packaging Co., a packaging distributor based in Aurora, Colorado, on 1 September 2023, backed by Shorehill Capital.
Pratt Industries is building a new $120 million production facility in Peach County, Georgia, expected to be operational in late 2024 and producing corrugated boxes and containerboard.
Bosch has completed the acquisition of assets of TSI Semiconductors Corporation in Roseville, California, forming Robert Bosch Semiconductor LLC. Bosch plans to invest $1.5 billion to transform the site into a silicon carbide semiconductor facility, with production starting in 2026.
Eaton is investing $500 million to expand manufacturing capacity in North America, including facilities in Texas, Wisconsin and South Carolina, and distribution centers in Chicago and Dallas.
UPTIME International AS has been awarded a contract by Hornbeck Offshore to supply a complete logistics system for the HOSSOV300E, the first Jones Act SOV conversion for the US offshore renewables market. The system includes a 30m floating wind logistics system, AI and autonomous functions, and an elevator tower.
Dow and Circusil are building a facility in Kentucky to recycle silicone waste streams from Dow's U.S. operations.
Winston Industries is investing $1.2 million to expand its facility in Jeffersontown, Kentucky, retaining 215 jobs and adding 5 new positions. The investment includes automation equipment and facility renovations.
Hyundai Motor Group and LG Energy Solution will invest an additional $2 billion in their battery cell manufacturing joint venture at the Metaplant in Bryan County, Georgia, raising the JV's total investment to over $4.3 billion. The expansion will create 400 new jobs.
Treplar, a joint venture of Klarpet of Turkey and Triton International Enterprises of the USA, is setting up a food packaging facility in Berkeley County, WV with a total investment of $50 million and about 600 jobs by year three.
Infinium Medical acquired all intellectual, technical, and manufacturing rights for the OBA-1 and OBA-1(MRI) Mobile Anesthesia Delivery System from Cardinal Medical Specialties, Inc. The acquisition was announced on August 30, 2023, and Infinium Medical will take over manufacturing at its Largo, Florida facility.
Eqwal, a global O&P patient care services provider, acquired Spinal Technology, a designer and fabricator of spinal orthoses. The acquisition was finalized on August 30, 2023.
Bonnell Industries held a groundbreaking ceremony on August 30, 2023, for a new 100,000 sq ft manufacturing facility in Dixon, Illinois. The facility is expected to be operational by July 2024.
Watts Water Technologies, Inc. entered into a definitive agreement to acquire Bradley Corporation for $303 million. Bradley is a manufacturer of commercial washroom and emergency safety products with annual net sales of approximately $200 million.
Press Glass Inc. will invest $155.2 million to expand its facility at Commonwealth Crossing Industrial Park in Henry County, Virginia. The project includes a 360,000-square-foot addition and will create 335 new jobs.
Southern Champion Tray broke ground on a $60 million, 320,000-square-foot factory in Centre South Riverport Industrial Park in 2021, and the facility is now inaugurated. The expansion creates over 150 new jobs.
Birdon America, Inc. announced that Master Boat Builders, Inc. will build the superstructure for the Waterways Commerce Cutter (WCC) Program under a subcontract. The WCC program is part of Birdon's $1.187 billion contract to design and build 27 vessels for the U.S. Coast Guard.
VINAVIL Americas appointed NAGASE Specialty Materials NA LLC as distributor for the Western United States, expanding its market reach for polymers.
SP Meditec has broken ground on a 120,000-square-foot manufacturing facility in Peachtree City, Georgia, expected to create 200 jobs and begin operations in August 2024.
Smiths Group plc acquired US-based HVAC manufacturer Heating & Cooling Products (HCP) for $82 million on a cash and debt-free basis. HCP will be integrated into Smiths' Flex-Tek division.
New York City Environmental Protection awarded Fleet Pump & Service Group a sole-source supply contract worth $2,516,950 for Flygt pumps, control systems and parts for citywide wastewater facilities.
EVAPCO, a manufacturer of industrial refrigeration equipment, is expanding its facility near Bryan, Texas, with a $9 million addition that will host a newly acquired Canadian company. The expansion is expected to create at least 90 full-time jobs by the end of 2026.
A South Korean company plans to build a $72 million factory in West Point, Georgia, to make parts for electric vehicles, hiring more than 140 people.
Xaloy, LLC announced plans to establish a new R&D Center in Austintown, Ohio, to expand production capacity and increase efficiency for polymer processing. The project is supported by a JobsOhio R&D Center Grant.
General Mills is investing $48 million to expand its frozen dough plant in Joplin, Missouri, creating 47 jobs and increasing manufacturing and packaging capacity to over 1 billion pounds of frozen dough products per year.
Mill Steel Co. is making an $18 million investment into its Detroit facility, adding a new slitting line, pack line, two cranes, and 50,000 square feet of warehouse space, slated for completion in 2024.
Mill Steel Co. purchased a 90,000 square foot facility in Mansfield, Ohio, to support its entry into flat-rolled stainless steel and aluminum markets. The company also announced an $18 million investment in its Detroit facility for new equipment and warehouse space.
Daesol Ausys Georgia will establish a new manufacturing facility in West Point, Georgia, creating over 140 jobs and investing $72 million. The facility will produce luggage boards and covers, with operations expected to begin in December 2024.
Siemens Mobility has broken ground on a $220 million advanced manufacturing and rail services facility in Lexington, North Carolina. The expansion will create over 500 new jobs and is expected to start operations in 2024.
Vencorex is investing in its Freeport, Texas facility to expand capacity for specialty aliphatic isocyanates used in low-VOC polyurethane coatings and adhesives. The new product line is expected to be operational in the second half of 2023.
PSG recently completed an $11 million expansion at its Grand Rapids plant, adding 56,000 square feet of manufacturing, office and R&D space.
WEG Transformers USA cut the ribbon on a 30,000-square-foot expansion of its Avantha Drive facility in Washington, Missouri. The $10 million+ investment will increase production capacity by 40%.
Inter-National Electronics Alloys LLC, operating as National Electronic Alloys (NEA), acquired Ed Fagan Inc. (EFI), a specialty metals supplier. The combined entity will integrate operations.