InCompass, a platform company of TJM Capital Partners, has acquired Bourn & Koch, Inc., a manufacturer of precision automated machine tools. The financial terms were not disclosed.
Raytheon awarded a $48,000 contract to OX3 for baking and packaging of electronic parts and sub-assemblies.
M.C. Dean completed a 168,000-square-foot building at its Modular Mission Critical manufacturing campus in Caroline County, Virginia, marking the end of a five-year, $63 million Phase 3 expansion. The campus now totals over 500,000 square feet and has added more than 500 skilled jobs.
Protecall CA, LLC will acquire the High-Performance Coatings and Transportation divisions of Wilsenergy in Temecula, California, effective September 1, 2023. The acquisition adds a coating center in California to Protecall's existing operations.
Crown Equipment is acquiring, modernizing, and equipping a 255,295-square-foot building adjacent to its current facility in Kinston, North Carolina. The $28.2 million expansion is expected to create 200 jobs and retain 332 jobs, with some onshoring from overseas.
Technoprobe finalized the acquisition of Harbor Electronics Inc., a manufacturer of advanced printed circuit boards for semiconductor testing systems. Harbor has approximately 180 employees and facilities in California, England, Malaysia, and the Philippines.
Trexon, a portfolio company of Audax Private Equity, completed the acquisition of 603 Manufacturing, a value-added manufacturer of high-performance wire and cable assemblies and RF/microwave coaxial cable assemblies.
Tidal Vision Products, Inc. announced the acquisition of long-time customer Clear Water Services, a provider of mobile and modular water treatment systems. The deal aims to deploy Tidal Vision's chitosan-based technologies in wider applications.
CCE Group acquired Intech Aerospace, marking its first entry into the US market, to enhance its aerospace manufacturing capabilities with precision-engineered components and advanced manufacturing solutions.
Wind Point Partners acquired a controlling membership interest in U.S. Nonwovens Corp, a manufacturer of private-label products including baby wipes and cosmetics, with operations in the US and Mexico.
Forward Solutions has merged with ElectroRep Inc. and R/B Sales Corporation to establish a new electrical channel division, combining their sales expertise and customer bases.
Cyngn has executed a paid pre-order agreement with Arauco for 100 autonomous electric DriveMod-enabled forklifts, with deliveries targeted to begin in 2024.
Allegro MicroSystems has signed a definitive agreement to acquire Crocus Technology, a leader in TMR sensor technology, for $420 million in cash.
Evonik has signed an agreement to scale up and produce custom catalyst for Röhm's new methyl methacrylate (MMA) production plant in Bay City, Texas, USA, which is due to be opened in 2024.
RedDOT Corporation will invest $18 million to expand its manufacturing and distribution operations in Memphis, adding 175,000 square feet and creating 50 new jobs.
Copeland received a U.S. Department of Energy grant to support a $2.5 million project for research and development of modular, plug-and-play heat pump technology with thermal energy storage at its Sidney, Ohio facility.
Heidelberg Materials announced a slag supply agreement with the Levy Group of Companies to secure over 400,000 tons of slag granules annually for its Speed, Indiana facility, with shipments starting in Q1 2024. The company also invested in new grinding technology for the plant.
Global packaging company TricorBraun acquired CanSource, a Longmont, Colorado maker of custom cans and packaging for beverage producers, from Broadtree Partners. Terms were not disclosed.
Zilmet plans to open its first U.S. manufacturing facility in Georgetown County, South Carolina, investing $32.7 million and creating 50 jobs. Phase one is expected to be completed in 2024, with production starting in 2025.
Kem Krest acquired the heavy-duty division of Telamon, which assembles components for heavy-duty trucks. The division has about 100 employees and will continue operating out of Telamon's Carmel location.
Mid-Continent Steel and Wire held a ribbon cutting ceremony for its new Macro Hub facility in Laredo, Texas. The facility will create more than 100 new jobs and bring $22 million in capital investment.
ALTANA acquired the business of Imaginant Inc., a U.S. company specializing in ultrasonic measuring equipment, to expand its BYK division and enter the semiconductor industry.
TIGHITCO's US Aerostructures division received a four-year $44 million award from Spirit AeroSystems for Lots 7-9 of complex composite structures for the Sikorsky CH-53K King Stallion helicopter.
Graham Corporation was awarded a $13.5 million strategic investment from a customer to expand and enhance production capabilities in Batavia, New York for complex components.
Textron was awarded a $241.4 million contract by the U.S. Navy to procure materials and non-recurring services for the construction of five Ship-to-Shore Connector boats (LCAC 100 Class).
BCPG Public Company Limited, through its subsidiary BCPG USA Inc., signed a Purchase and Sale Agreement to acquire an additional 40% stake in Carroll County Energy Holdings, which operates a 700 MW combined cycle power plant in Carroll County, Ohio, for up to $145 million.
Advance Ready Mix is supplying concrete for the nearly $6 billion BlueOval SK Battery Park in Glendale, Kentucky, a joint venture between Ford Motor Co. and SK On. The project is scheduled to open by January 2025.
Atlantic & Southern Equipment LLC finalized the acquisition of Pinnacle Cranes in Midland, North Carolina. Pinnacle Cranes is a Top 5 Link-Belt Dealer.
Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.
Graphic Packaging Holding has agreed to acquire Bell Incorporated, which has three packaging facilities in the Midwest consuming 95,000 tons of paperboard a year. The deal is expected to add about $200 million in sales and close in Q4 2023, subject to regulatory approvals.
Private equity firm Clayton, Dubilier & Rice agreed to buy packaging firm Veritiv in a $2.3 billion deal that would take it private. CD&R will pay $170 per share in cash, a nearly 20% premium to the last close.
The Boeing Co. received a $145,716,027 cost-plus-fixed-fee order from the U.S. Navy for engineering and manufacturing development capabilities upgrades for P-8 aircraft trainers, including hardware and software upgrades. Work will be performed in St. Louis, Missouri; Jacksonville, Florida; and Whidbey Island, Washington, with completion expected by March 2026.
Construction began on the 600 MW Phase IV expansion of Basin Electric Power Cooperative's Pioneer Generation Station in Williston, North Dakota. The project includes two Siemens combustion turbines and six Wärtsilä reciprocating engines, with a budget of approximately $780 million.
Sika AG acquired Thiessen Team USA, a company in the construction chemicals market.
HEICO Corporation has completed its acquisition of Wencor Group from Warburg Pincus and management for $1.9 billion in cash and $150 million in stock, totaling $2.05 billion. Wencor will join HEICO's Flight Support Group.
UK packaging firm Frugalpac agreed to sell its Frugal Bottle Assembly Machine to California-based Monterey Wine Company, which will use it to make paper wine bottles on-site. It is Frugalpac's first US sale and its second machine sold overall.
Linamar Corporation acquired Dura-Shiloh's battery enclosures business for $325 million USD, including three factories in Alabama, Czechia, and North Macedonia that manufacture advanced battery enclosures for electric vehicles.
Newterra acquired the assets of Environmental Site Solutions, a Seattle-area supplier of filtration systems for water treatment solutions serving municipal, industrial, and beverage markets.
Omnis Fuel Technologies completed the acquisition of the 1,278 MW Pleasants Power Plant from Energy Transition and Environmental Management, renaming it Quantum Pleasants. The plant will be retrofitted to run on hydrogen.
James Hardie Building Products Inc. announced a national agreement with D.R. Horton, Inc. to be the exclusive supplier of hard siding and trim for D.R. Horton's home developments through December 2026.
Lingrove opened a new 14,181 square-foot green manufacturing plant in San Rafael, California, dedicated to producing ekoa® from renewable flax fibers, doubling the team size and creating new jobs.
Sypris Technologies received an award to supply specialty high-pressure closures for the Venture Global CP2 LNG Export Terminal and CP Express Natural Gas Pipeline Project in Louisiana, with shipments expected by end of 2023.
CRH subsidiary Oldcastle APG acquired Saint-Gobain's fence, railing and decking business in the US, including two production locations in Buffalo, New York, and Orem, Utah, employing 210 people and generating $65.6m in sales in 2022.
Mativ Holdings announced it has received a binding offer from Evergreen Hill Enterprise to acquire its Engineered Papers business for $620 million. The transaction is part of Mativ's strategy to focus on faster-growing end-markets.
Bavarian Nordic has received a $120 million contract from BARDA to manufacture bulk smallpox/mpox vaccine, replenishing inventory used during the 2022 mpox outbreak. The contract includes $96 million for bulk product in 2023 and additional doses and services through 2025.
Eaton won a $6 million contract to provide turnkey electrical engineering services and equipment for the new South Lake Water Treatment Plant in Georgetown, Texas, which is expected to be complete in 2026.
Conner Industries Inc. announced the acquisition of Guardian Packaging Industries LP, a foam cutting and integrated packaging provider in Garland, Texas, along with its Southwest Air Products division. The deal was closed with Conner's own cash.
Sypris Technologies, a subsidiary of Sypris Solutions, received an award to supply specialty high-pressure closures for Venture Global's CP2 LNG export terminal and CP Express pipeline in Cameron Parish, Louisiana. Shipments are expected to be completed by year-end 2023; terms were not disclosed.
Corrugated Partners Group will invest $52.7 million to establish Keystone Sheets, creating at least 80 jobs in a 420,000-square-foot facility in Chambersburg, Franklin County, Pennsylvania. The plant will produce single, double and triple wall corrugated sheets.
TransMedics Group has acquired from Bridge to Life Ltd. the assets and intellectual property related to the EVOSS warm perfusion technology and LifeCradle cold perfusion technology for organ transplantation.