Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.

Southern Coil Solutions will invest $27 million to build a 120,000-square-foot warehouse and distribution center for aluminum and steel coils in Warren County, Kentucky. The plant is targeted for completion in December 2023 and will employ 30 people.

Monument Chemical has licensed Econic Technologies' process to manufacture polycarbonate ether polyols from captured CO2. Production is expected to begin in late 2023.

Baker Hughes has been awarded an order by Bechtel to supply six Frame 7 gas turbines and 18 centrifugal compressors for NextDecade's Rio Grande LNG project in Brownsville, Texas.

Saint-Gobain North America plans to invest approximately €215 million to double the production capacity of its CertainTeed gypsum plant in Palatka, Florida.

Baker Hughes won an order from Bechtel Energy to supply three main refrigerant compressors, six Frame 7 gas turbines, and 18 centrifugal compressors for NextDecade's Rio Grande LNG project Phase 1 in Brownsville, Texas. The order will be booked in Q2 2023.

Mitsubishi Heavy Industries agreed to acquire Texas-based Concentric LLC from OnPoint Group. Concentric provides power systems and maintenance for industrial facilities and data centers. Terms were not disclosed.

Gelest, Inc., a Mitsubishi Chemical Group company, broke ground on a new 50,000-square-foot production facility at its global headquarters in Morrisville, PA. The facility is slated for completion by September 2024 and will create more than 25 jobs in the first phase.

GreenSeed Contract Packaging, led by returning CEO Don Reed, plans to invest in new infrastructure, expanded warehouses, and new equipment to increase plant capacities for sustainable packaging solutions.

Baker Hughes was awarded an order by Bechtel to supply three Main Refrigerant Compressors for NextDecade's Rio Grande LNG project in Brownsville, Texas, including six Frame 7 gas turbines and 18 centrifugal compressors for a nameplate capacity of 17.61 MTPA.

Modine acquired Napps Technology, a manufacturer of chillers, condensing units and heat pumps for the K-12 school market, to expand its indoor air quality product offering.

Baker Hughes won a Bechtel contract to supply three main refrigerant compressors, six Frame 7 turbines and 18 centrifugal compressors for three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, with 17.61 MTPA nameplate capacity.

Bechtel Energy awarded Baker Hughes an order to supply three Main Refrigerant Compressors for the first three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, including six Frame 7 gas turbines and 18 centrifugal compressors with 17.61 MTPA nameplate capacity.

Solenis completed its acquisition of Diversey Holdings for approximately $4.6 billion, effective July 5, 2023. The combined company operates in over 130 countries with 71 manufacturing facilities.

BMH Equipment, LLC acquired an Ohio forklift dealership to expand its footprint as a material handling distributor. Terms were not disclosed.

Burlington Industries LLC was awarded a maximum $43,085,610 firm-fixed-price, indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency for poly/wool cloth, with a three-year ordering period ending July 4, 2026.

ResMed announced the acquisition of privately held Somnoware, a U.S. leader in sleep and respiratory care diagnostics software. The acquisition expands ResMed's sleep management software solution. The purchase price was not disclosed.

Evotec's Just - Evotec Biologics unit received a $74 million contract from the U.S. Department of Defense for rapid development of monoclonal antibodies against mpox, chickenpox and smallpox, from discovery through Phase 1.

Abracon, a supplier of frequency control and timing solutions, announced the acquisition of NEL Frequency Controls, Inc., a US-based manufacturer of ultra-low phase noise crystal oscillators and modules headquartered in Burlington, Wisconsin.

Mister Bee Potato Chips integrated TNA's robag 3ci vertical form-fill-seal machine and mixed reality technology at its manufacturing site, achieving a 400% production capacity increase. The system runs at 100-115 bags per minute, up from 20-25 bpm.

Signal Power Group expanded its partnership with Honeywell to include the energy service market, licensing Honeywell's T55-714C turboshaft engine technology for distributed power generation, combined heat and power, pressure pumping, and marine propulsion. SPG will be the OEM for these applications.

Palladium Heritage, a joint venture affiliate of Palladium Equity Partners, acquired National Auto Parts, NAP San Diego, and National Auto Parts-Oakland and combined them into a new platform called Collision Auto Parts LLC. The deal creates a distributor of aftermarket collision repair parts with six facilities in the Western U.S.

Frontier Electronic Systems has received a five-year, $94.1 million IDIQ contract from the U.S. Navy to provide hardware and engineering services for AN/SPQ-15(V) ship data distribution systems, with work through June 2028.

Avon Protection received a $38 million delivery order from the U.S. Army under the Next Generation Integrated Head Protection System (NG IHPS) helmet contract, awarded in September 2021.

Ideal Electric has acquired the Large Synchronous Machines and Large Induction Motors product lines of the former Louis Allis Company, along with related IP. The financial terms were not disclosed.

Renesas Electronics signed a ten-year supply agreement with Wolfspeed worth up to $2 billion for 150mm and 200mm silicon carbide bare and epitaxial wafers, starting in 2025, to scale production of SiC power semiconductors for industrial and automotive applications.

Metso has been awarded orders worth €16 million to deliver grinding plant equipment, including SAG mills and mill liners, to Origin Mining's Mineral Park Mill Restart Project in Arizona, USA.

Glen Raven has agreed to sell its Strata geosynthetics products and related construction business to Hella Infra Market, an India-based online procurement marketplace for construction materials. The financial terms were not disclosed.

Nidec Corporation, through its subsidiary Nidec Motor Corporation, has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a US-based motor and generator service provider, for an undisclosed amount. Houma will become a consolidated subsidiary of Nidec.

StatLab Medical Products is expanding across multiple manufacturing sites, including a new 35,000-square-foot facility in Arlington, Texas, for injection molding operations and a sample archiving service. The company also signed a lease for a 33,000-square-foot building at its Wales campus for additional manufacturing capacity.

Shimmick Construction Co. was awarded a $217 million contract by the Elsinore Valley Municipal Water District for the third phase of expanding the Regional Water Reclamation Facility in Lake Elsinore, California. The expansion will increase capacity from 8 to 12 million gallons per day, with completion scheduled for 2026.

TekniPlex held a groundbreaking ceremony for a new 200,000-square-foot molded fiber facility in Van Wert, Ohio, that will produce egg cartons, fruit trays, and wine carriers. Operations are planned to begin in early 2024.

VSE Aviation completed the acquisition of Desser Aerospace's Distribution and MRO operations, including Desser (US), Desser Australia, Watts Aviation (UK), Aero Wheel and Brake (US), Cee Bailey's (US), and Rotable Repairs (UK). The deal expands VSE's tire, brake, and battery offerings.

BMW Group placed an order with Molex to supply Volfinity Cell Contacting Systems for its New Class electric cars, likely for US production at the Spartanburg plant. No financial details were disclosed.

HVAC Direct, an HVAC manufacturer and distributor, will expand its warehouse and manufacturing operations to Vandalia, Ohio, creating about 120 new jobs and over $6 million in new annual payroll, supported by a JobsOhio tax credit.

Inframark, a water and wastewater O&M services provider, acquired Treatment Technologies (TTI), a division of Shelton Associates, expanding its commercial and industrial O&M footprint across the U.S.

Incap Corporation has signed an agreement to acquire 100% ownership of Pennatronics Inc., a U.S.-based Electronics Manufacturing Services company. The enterprise value is USD 18.6 million.

AcLeap Power Inc., a subsidiary of AcBel Polytech, completed the acquisition of ABB's Power Conversion division for $505 million in cash on July 3, 2023.

ATI is expanding its titanium melt facility in Richland's Horn Rapids Industrial Park with a $28 million, 41,000-square-foot project. The expansion is expected to add about 100 jobs.

Siemens Mobility signed a $195 million contract in July 2023 for 24 new cars for the Greater Cleveland Regional Rapid Transit System's Red Line subway, with an option for 36 additional cars.

A. O. Smith Corporation acquired Water Tec of Tucson, Inc., a water-treatment manufacturer and dealer, for $16.8 million in cash. The transaction closed in July 2023, expanding A. O. Smith's West Coast presence.

Effective July 1, 2023, LPF High Performance Coatings will merge with Zephyr Products. The combined company plans to relocate its Kansas City, MO operation to a new paint facility in Leavenworth, KS within 12-18 months.

Duravant LLC acquired PPM Technologies, a Newberg, Oregon maker of conveying, coating and thermal processing equipment, from Stonehenge Partners. The deal was announced in July 2023.

Bausch + Lomb Ireland Limited, a subsidiary of Bausch + Lomb Corporation, has agreed to acquire Xiidra and other ophthalmology assets from Novartis for $1.75 billion in cash at closing, plus up to $750 million in milestone payments. The transaction is expected to close by end of 2023.

Golden Gate Capital entered a definitive agreement to acquire a majority equity stake in DMC Power, a designer and manufacturer of connector technology for high voltage power infrastructure. Bridgepoint will exit its investment. Financial terms were not disclosed.

Colson Group, a leading manufacturer of casters and wheels, acquired ARBCO Industries, a North American manufacturer of phenolic wheels based in Export, Pennsylvania. The acquisition expands Colson's product offerings and US manufacturing footprint.

TurnOnGreen's subsidiary Digital Power Corporation received $1.0 million in purchase orders from a global defense technology company to manufacture and supply portable power solutions for tactical communications networks used by Homeland Security, first responders, and U.S. and NATO personnel.

Ten companies were awarded spots on a potential 10-year, $485 million indefinite-delivery/indefinite-quantity contract to provide ground-based support equipment for KC-46 Pegasus aircraft fleets of the U.S. Air Force and foreign military customers.

Babcock & Wilcox has selected Siemens Energy to provide steam turbine generator sets for a project to deliver one gigawatt of power for an Applied Digital AI Factory. The full contract release is expected in Q1 2026, with power delivery by end of 2028.

Woodward has signed a definitive agreement to sell its heavy duty gas turbines combustion parts business in Greenville, S.C. to GE Vernova. The transaction is expected to close in early 2025.