General Motors signed a long-term strategic agreement with GlobalFoundries for U.S.-manufactured semiconductor chips. GlobalFoundries will dedicate a part of its Malta, New York factory exclusively to GM's supply chain.
Itron plans to expand its Oconee County, South Carolina facility with a capital expenditure of $28.5 million over three years, creating nearly 100 new jobs. The expansion will establish a Center of Excellence for manufacturing gas and water endpoints, expected to be complete by end of 2024.
Mazak MegaStir signed an agreement to become the exclusive supplier of tooling for MELD Manufacturing's solid deposition technology, providing hard metal tooling for the additive process.
Johnson & Johnson Health Care Systems DePuy Spine has been awarded a maximum $47,259,816 fixed-price contract by the Defense Logistics Agency for spinal procedural packages and supplies. The five-year contract serves Army, Navy, Air Force, Marine Corps and federal civilian agencies.
Woory Industrial Co., Ltd. will establish a new manufacturing and R&D facility in Dublin, Georgia, creating over 130 jobs with an $18 million investment. The plant will produce electrical heaters, control units, and actuators for EVs and internal combustion cars.
STRATEC SE signed an agreement to acquire Natech Plastics, a smart polymer-based consumables provider for medical technology, for $30 million plus an earn-out. The acquisition is expected to close in July 2023.
Plastilene Group opened its Sustainable Food Packaging Innovation Center at the Rocktenn building in Washington Court House, Ohio, its first US facility, on Wednesday June 7, 2023. The $47 million facility is expected to create 58 new jobs.
Denver-based private equity firm Platte River Equity acquired Womack Machine Supply Company, a Farmers Branch, Texas distributor of hydraulic, pneumatic and automation components.
Orbia and Solvay reached a preliminary JV agreement to build two battery-grade PVDF plants in the southeastern US, with total investment of $850mn. One plant will be in Augusta, Georgia. Construction is expected to conclude by mid-2026.
Premier Tech unveiled its new state-of-the-art headquarters for its Systems and Automation business group in Montgomery, Alabama. The 167,000-square-foot facility represents a $33 million investment.
Consolidated Water's subsidiary Kalaeloa Desalco signed a DBOM agreement with the Honolulu Board of Water Supply to design, build, operate and maintain a seawater reverse osmosis desalination plant in Kalaeloa, O'ahu, Hawaii. The contract is valued at about $204 million over 24 years.
Indorama Ventures, through a joint venture, acquired a PTA-PET production facility in Corpus Christi, Texas, from M&G Chemicals via a bankruptcy auction. The purchase price and capital contributions totaled $1.125 billion.
Andritz received an order from Steves & Sons to supply two pressurized refining systems for a new mill in Athens, Georgia, USA. Start-up is scheduled for 2024.
Solmetex acquired Impladent, adding Impladent's OsteoGen Plug regenerative socket preservation solution to its portfolio. Financial terms were not disclosed.
INTECH Automation & Intelligence won the complete automation scope for the largest Direct Air Capture plant in the Permian Basin, Texas, which aims to remove one million metric tons of atmospheric CO2 annually. INTECH will provide process and safety control systems and SCADA.
GenServe, a portfolio company of GenNx360 Capital Partners, acquired R&J Control, a New Jersey-based generator maintenance, repair and sales company. The acquisition strengthens GenServe's presence in the tri-state area.
Ovivo announced a strategic partnership with E2metrix to develop and commercialize an integrated solution to treat and destroy PFAS in water and wastewater. Ovivo also made an equity investment in E2metrix. The solution is being piloted in Alabama.
Ecolab's Purolite business announced construction of a new biologics resin manufacturing facility in Landenberg, Pennsylvania. The facility will include resin production, cleanrooms, labs and office space, and is expected to add over 150 skilled jobs within five years.
L3Harris Technologies received a $196 million firm-fixed-price purchase order from the U.S. Army to produce 4,343 HMS Manpack radios. The work will be performed in Rochester, New York.
Konecranes will provide 36 Automated Stacking Cranes to the Port of Virginia for its Norfolk International Terminals North Terminal project. The order is valued at over EUR 130 million and will be delivered in two batches by mid-2025 and mid-2027.
Metalex Manufacturing Inc. ordered one of the largest portal machining centers of the Droop+Rein T series from Starrag Group for its new Center for Advanced Large Manufacturing, an expansion of its main plant.
Anaergia signed a contract to build a food waste and wastewater sludge co-digestion facility at Monterey One Water in California. The project will increase biogas production by over 150% and generate up to 1.6 MW of renewable electricity.
The US Department of Defense has accredited GlobalFoundries' advanced manufacturing facility in Malta, New York, as a Category 1A Trusted Supplier, enabling secure semiconductor manufacturing for aerospace and defense applications.
White Cap L.P. has closed on the previously announced agreement to acquire substantially all of the assets of Tri-Boro Construction Supplies, a Pennsylvania-based concrete accessories and construction supply company with locations in Dallastown and Carlisle, PA.
Sulzer Pump Solutions Inc. announced a $5.3 million investment to expand its Easley, South Carolina manufacturing operations at 155 Ahlstrom Way to support new product lines, creating 25 new jobs.
Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.
Goodrich Corp., doing business as Collins Aerospace in Troy, was awarded a contract modification with a maximum value of $67,454,578 for F-16 light and heavyweight heat stacks, exercising a five-year option period.
Peckham Industries, Inc. acquired E. Tetz & Sons, Inc. and its subsidiary Tetz Asphalt LLC, an aggregate, ready-mix concrete, and hot-mix asphalt producer in Orange County, NY.
SPX Technologies, Inc. announced its acquisition of ASPEQ Heating Group, which will become part of SPX Technologies' HVAC Heating platform.
Tenneco has been selected to provide intelligent suspension and anti-vibration performance materials solutions for Rivian Automotive. Tenneco's CVSA2/Kinetic H2 semi-active suspension technology and Clevite elastomers will be featured in the Rivian R1T and R1S electric vehicles.
Montana Technologies LLC, developer of AirJoule HVAC and water harvesting technology, announced a business combination with Power & Digital Infrastructure Acquisition II Corp, a SPAC. The deal implies a pro forma enterprise value of $500 million and will result in Montana Technologies becoming publicly listed on NASDAQ.
Barnes Group Inc. announced a definitive agreement to acquire MB Aerospace, a provider of precision aero-engine components and repairs, for an enterprise value of approximately $740 million. The transaction is expected to close in Q4 2023.
Johnson Controls signed a 20-year energy partnership with Harris County Sports & Convention Corporation to make energy efficiency upgrades to NRG Park in Houston, Texas. The project is expected to generate over $54 million in savings.
Concentric was awarded a large contract for precision machined components from an existing global OEM customer in North America. The components will be used in energy-efficient medium and heavy-duty hydraulic products for off-highway applications. Annual sales are expected to be around 55 million SEK, with deliveries starting in Q2 2024.
Steel Dynamics, through its subsidiary Aluminum Dynamics, will build a new aluminum flat-rolling mill in Mississippi. The mill will have an annual capacity of 650,000 tonnes and produce aluminum sheet for beverage cans and automotive applications. SMS Group received the order to supply the mill.
Bender CCP was one of five companies awarded a multiple-award contract by the Naval Supply Systems Command Weapon Systems Support for repair of shafts for Navy surface ships, with total estimated value of $162 million through May 2028.
Avem Partners, a private equity firm, acquired Astech Engineered Products, a designer and manufacturer of aerostructure solutions, with capital support from True West Capital Partners.
KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.
Tenneco was selected to provide intelligent suspension and anti-vibration performance materials for Rivian Automotive's R1T and R1S electric vehicles.
Yanmar Compact Equipment North America and ASV held a ceremonial groundbreaking on June 2, 2023, for a new 32,000 sq ft production facility adjacent to the existing ASV building in Grand Rapids, Minnesota. The expansion will add approximately 200 jobs within five years.
Willacoochee Industrial Fabrics (WINFAB) announced the purchase of an additional MST production line for stitched erosion control blankets at its facility in Nashville, Georgia. A nonwoven needlepunch geotextile line is also being installed.
Johnson Controls entered a 20-year energy savings performance contract with Harris County Sports & Convention Corporation and NRG Park in Houston, Texas, to upgrade HVAC, BAS, lighting and other systems, expected to generate over $54 million in savings.
WL Plastics is building a USD 40 million medium-density polyethylene (MDPE) pipe plant in Lubbock, Texas.
APM Terminals Elizabeth has signed an agreement with Konecranes for 34 electric Rubber-Tired Gantry cranes, with an option for six additional cranes, as part of a modernization program at the Port of New York and New Jersey.
Alstom won a contract worth €667 million from the Southeastern Pennsylvania Transportation Authority to supply 130 low-floor electric trams for Philadelphia. The trams will be built at Alstom's plant in Hornell, New York, with an option for 30 additional trams.
Jungheinrich and Mitsubishi Logisnext Americas are expanding their existing joint venture to form Rocrich AGV Solutions, combining their AGV portfolios for the North American market. The new entity will be based in Houston, Texas.
Smart Care, a portfolio company of Wind Point Partners, acquired Richard Meek Air Conditioning, a commercial refrigeration and HVAC repair and installation company based in Wichita Falls, Texas. The acquisition expands Smart Care's presence in Texas.
Robert Bosch Tool Corporation announced a $130 million building and machinery expansion at its Lincolnton, North Carolina facility, including a 325,000 square foot facility for its cutting tool division. The project will create 233 new jobs and increase the workforce to over 1,000.
Sonepar's US subsidiary Cooper Electric announced an agreement to acquire Billows Electric Supply, a family-owned electrical distributor with 19 branches and over 285 employees in the Philadelphia, South Jersey, and Delaware metro market.
The Boeing Co. received a $200 million firm-fixed-price modification to a previously awarded contract to procure critical long lead material for F/A-18E/F aircraft production. Work is expected to be completed by June 2025.