GKN Aerospace is moving its El Cajon fan blade repair business to a new 162,000-square-foot building at Gillespie Field iPark, adding about 200 jobs by end of 2025.
One Energy Enterprises Inc., an industrial power solutions provider, and TortoiseEcofin Acquisition Corp. III entered into a definitive business combination agreement. The transaction values One Power at an implied pre-money enterprise value of $300 million.
TLGY Acquisition Corporation, a SPAC, filed a registration statement for its proposed business combination with Verde Bioresins, a bioplastics production company. The combined company will list on Nasdaq under tickers VRDE and VRDEW.
ACTEGA, a manufacturer of specialty coatings, inks, adhesives, sealants and compounds, plans to open a 238,000-square-foot facility in Kings Mountain, North Carolina. The facility will consolidate four existing premises and is expected to create additional jobs.
Heidelberg Materials completed a $650 million upgrade of its Mitchell, Indiana cement plant, adding a new kiln (K4) with 2.4 million mt/year clinker capacity, a 154,000-mt clinker storage dome, and expanded distribution terminal. The final phase includes a packaging line.
Patterson-UTI Energy completed the acquisition of Ulterra Drilling Technologies for $370 million in cash and 34.9 million shares of common stock. Ulterra is a global provider of specialized drill bit solutions.
DrinkPak, a beverage manufacturer founded in 2020 in Los Angeles, is seeking incentives for two plants in Fort Worth, one in Denton County at 25001 Eagle Parkway and one in southeast Fort Worth's Carter Park East industrial park, with a combined $452 million investment and 1,000 jobs. The sites would be finished by January 2027 and January 2028.
Siemens Industry is seeking city incentives for a new advanced manufacturing plant at 7200 Harris Legacy Drive in Fort Worth, Texas, to make low-voltage switchboards and switchgear, with $133 million in building and equipment investment and up to 715 jobs by end of 2026. The Fort Worth City Council will decide on incentives Sept. 12.
Elliott Group won a contract from Bechtel Energy to supply cryogenic pumps, expanders and compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, developed by Sempra Infrastructure. The article gives no contract value.
Elliott Group won an order from Bechtel Energy to supply cryogenic pumps, expanders and boil-off and flash gas compressors for Sempra Infrastructure's Port Arthur LNG Phase 1 project in Jefferson County, Texas.
JLG Industries will invest approximately $120 million over two years to expand its Jefferson City, Tennessee facility, increasing SkyTrak telehandler manufacturing by at least 50%.
John Deere and its majority-owned subsidiary Kreisel Electric will locate a new facility adjacent to John Deere's Kernersville, North Carolina plant, creating 60-90 jobs and investing over $65 million. The facility will serve as the North American Headquarters for John Deere Electric Powertrain.
Wisconsin Aluminum Foundry is nearing completion of a $4.8 million, 50,000-square-foot addition to its Manitowoc, Wisconsin plant. The expansion is expected to create 60-70 new jobs.
DART Aerospace acquired Simplex Aerospace, a Portland-based leader in aerial firefighting mission equipment. The combined entity will have over 320 employees in eight locations worldwide.
TARGAN and Wayne-Sanderson Farms announced a multi-year agreement to integrate TARGAN poultry systems in Wayne-Sanderson Farms' broiler hatcheries across the United States. The first units are scheduled for installation in Q3 2023.
Tallayne announced an agreement to acquire the Nufabrx brand and its retail business unit from Textile-Based Delivery Inc. (dba Healthwear). Nufabrx produces clothing with integrated medicine delivery technology.
ADDiTEC announced the acquisition of Elem Additive Solutions from Xerox Holdings Corporation. The deal includes Elem Additive's liquid metal printing technology and the ElemX 3D printer.
An affiliate of ArcLight Capital Partners entered a definitive agreement to acquire Sojitz Corporation of America's indirect ownership interests in Kleen Energy Systems, which owns a 620-MW natural gas-fired power plant in Middletown, Connecticut. The transaction is expected to close in Q4 2023.
ProMach announced the closing of its agreement with affiliates of BDT Capital Partners and Leonard Green & Partners, resulting in a change of ownership. Financial terms were not disclosed.
John Deere Electric Powertrain LLC will invest $69.6 million to establish its North American headquarters and build a battery and charger manufacturing facility in Kernersville, North Carolina, creating 50 jobs.
Ramkrishna Forgings Limited secured a business contract worth $13.65 million per year to manufacture and supply rear axle and transmission components for Class 5, 6, and 7 vehicles in North America. The announcement was made on 14 August 2023.
ABB is expanding its North American robotics headquarters and production facility in Auburn Hills, Michigan, with a $20 million investment. The project will create 72 jobs and is expected to be completed by November 2023.
Voigt-Abernathy Sales Corporation completed the asset purchase of Texas Process Equipment Company, a Houston-headquartered distributor of pumps and process equipment serving Texas and Oklahoma.
Cleveland-Cliffs publicly announced a proposal to acquire 100% of U.S. Steel for $35.00 per share, a 43% premium, after the offer was rejected by U.S. Steel's board. The USW endorsed the transaction.
Pollington Machine Tool Inc. has purchased the former Avon Automotive facility in Manton, Michigan, for expansion. The company plans to invest $2 to $2.5 million over 12 to 18 months to move machining programs and equipment into the new facility, creating new jobs.
A.Y. McDonald broke ground on a new brass foundry in Dickeyville, Wisconsin, expected to employ about 150 workers at initial capacity and be fully operational by summer 2026. The cost was described as nine figures but not disclosed.
Onsemi announced a long-term supply agreement with Magna to supply EliteSiC power solutions for Magna's eDrive systems. Magna will invest approximately $40 million to support SiC manufacturing equipment at onsemi's facilities.
The Naval Air Warfare Center Weapons Division awarded a $49 million indefinite-delivery indefinite-quantity contract to Machine Tools USA for plant and laboratory equipment, machine tools, and related services over five years.
Newtex, a high temperature fabrics company, has acquired the aluminized fabric and weaving operations from Gentex Corp.'s Industrial Textile Division.
Precision Pulley & Idler (PPI) completed the acquisition of Van Gorp Corporation, a conveyor component manufacturer based in Pella, Iowa. Van Gorp will continue to operate as normal while PPI determines the optimal combined setup.
Viking Engineering and Development moved into a new state-of-the-art facility in Blaine, Minnesota, tripling production capacity for its automated wood fastening equipment. The facility also includes a test lab for new product development.
Depatie Fluid Power Group acquired DST Controls Inc. and CKC Engineering LLC, two California automation firms, which will merge and be rebranded as CKC Automation.
MMI Hoist Systems, a division of MMI Industrial and Steel, was awarded a contract by Brycon Corporation to design, engineer, fabricate and erect a 30-ton capacity gantry crane for Sunlit Corporation, which serves TSMC's facility. The crane, the largest in Arizona, was completed in 2023.
Sivers Semiconductors AB's US subsidiary and PseudolithIC Inc received a $375,000 award under the DARPA Next-Generation Microelectronics Manufacturing program to develop 3D heterogeneously integrated technologies for millimeter-wave applications in 5G, SATCOM, and defense.
Flexi-Hex launched a North America partnership under which Orora Packaging Solutions will stock its full product range, with a focus on demand from the US wine and surfing industries.
Machine Tool Marketing Inc., Machine Tools USA Inc., and Pacific IC Source are each awarded a firm-fixed-price indefinite-delivery/indefinite-quantity contract with an aggregate ceiling of $49 million to procure commercial plant and lab equipment for R&D labs and provide maintenance services. Work is expected to be completed in August 2028.
Socomore increased its stake in Flamemaster from approximately 22.5% to approximately 73.97%, acquiring about 52% of outstanding shares. Flamemaster will continue to operate as an autonomous California-based company providing sealants, adhesives, and coatings for aerospace, defense, and other industries.
Cooper Machine Company, a US sawmill equipment manufacturer, announced a partnership with German sawmill machine manufacturer EWD Sagetechnik as of February 2023. The partnership allows Cooper Machine to offer an expanded range of sawmill equipment, including fully automated sawmills.
Source One Spares was awarded a multiple-award, indefinite-delivery/indefinite-quantity contract by the U.S. Air Force to supply initial spare parts for the KC-46 Aerial Tanker, part of a $1.9 billion contract with 14 awardees.
Mid-Continent Instruments and Avionics selected Dondlinger Construction to complete a 28,000 square-foot addition to its Wichita headquarters for battery and avionics manufacturing. Ground breaking is set for September 2023.
Chickasaw Container Corporation of Okolona, Mississippi is completing its third expansion, adding 22,500 square feet to its plant, and recently installed a new flexo folder gluer. The expansion is expected to be completed in coming months.
Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.
BAUER Equipment America celebrated the grand opening of a nearly $13 million expansion of its Conroe, Texas facility, more than doubling its space. The expansion supports manufacturing of GEFCO drilling rigs and includes training classrooms, with the company growing to approximately 150 employees.
Heidelberg Materials North America and Levy Group of Companies signed a contract for Levy to supply 400,000 t/yr of granulated blast furnace slag for slag cement production, starting in early 2024.
Grand River Dam Authority approved a $136 million contract with Mitsubishi Power America for a 420-MW natural gas-fired combustion turbine to replace a coal-fired unit at the Grand River Energy Center in Choteau, Oklahoma. A separate $75 million, 12-year service agreement was also approved.
Trendco USA plans to invest $43 million in a new plant in Tuskegee, Alabama, to produce nitrile medical gloves, creating 292 jobs.
Newtex Industries Inc. completed the acquisition of the Industrial Textile division of Pennsylvania-based Gentex Corp.
Overlook Industries purchased a 16,000sf building adjacent to its current facility in Easthampton, MA, to be converted into a state-of-the-art production facility including a new ISO-7 cleanroom. The expansion is driven by rapid growth in demand for single-use filler needle and silicone over-molded assemblies.
BW Integrated Systems and Accraply, both part of BW Packaging, have merged to form BW Integrated Systems. Accraply will now go to market as BW Labeling, while BW Integrated Systems will go to market as BW End-of-Line and BW Integration.
ExoCoBio, a leader in exosomes technology, has completed the acquisition of majority ownership of BENEV, a US FDA-registered manufacturer of pharmaceutical, cosmeceutical, and medical devices.