FN America announced plans to expand its South Carolina footprint with a new production facility in Pickens County. The $33 million investment will create approximately 176 new jobs, with groundbreaking in 2024 and completion in 2025.
ANDRITZ secured a significant order from North American Stainless to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and upgrade the annealing and pickling line #2 at NAS's facility in Ghent, Kentucky.
Oglethorpe Power acquired one GE combustion turbine unit at the Baconton Power facility in Baconton, Georgia, adding 47 megawatts of natural gas-fired capacity to its portfolio. Financial terms were not disclosed.
Centrisys/CNP has been awarded a contract to upgrade the Salem, Ohio – Columbiana County Wastewater Treatment Plant with a CS18-4 skid-mounted centrifuge system and PONDUS Thermal Hydrolysis Process. Delivery is expected in 2024.
Sika added a new packaging and extrusion line at its SikaFiber plant in Chattanooga, Tennessee, increasing capacity of concrete reinforcing fibers by up to 4 million pounds. The new extrusion line is 30% more energy efficient.
HII's Newport News Shipbuilding division received a $305.2 million contract modification from General Dynamics Electric Boat to procure long-lead-time material for two additional Block V Virginia-class submarines, bringing the overall contract value to $10.2 billion.
MEB was selected as the prime contractor for the Boat Harbor Pump Station Conversion project in Newport News, Virginia, valued at $169,447,000. The project includes constructing a new 36.5 MGD pump station and decommissioning the existing treatment plant.
SureKap, a portfolio company of LFM Capital, has acquired Volumetric Technologies, a maker of custom liquid filling equipment based in Red Wing, Minnesota. No financial terms were disclosed.
Apple announced a new multiyear, multibillion-dollar contract with Broadcom for 5G RF and wireless components, including FBAR filters designed and built in the US.
Transphorm has been awarded a contract worth up to $15 million from the National Security Technology Accelerator (NSTXL) to produce advanced gallium nitride epiwafers for the ECLIPSE project.
BW Flexible Systems has opened a new manufacturing facility in Brooklyn Park, Minnesota, for its Thiele, SYMACH and Streamfeeder packaging machinery brands. The facility will host a ribbon-cutting ceremony on May 30, 2023.
Schenck Process Group agreed to sell its Food and Performance Materials business to Hillenbrand, Inc. The transaction is expected to close in Q3 2023, subject to regulatory approvals.
Mar-Co Harbor Group, a flexible packaging converter, invested in a BOBST VISION CI flexo press to increase speed and volume at its Benton Harbor, Michigan facility.
General Electric will spend $50 million to expand its Schenectady, New York operations, establishing an assembly line for 6.1 MW wind turbine nacelles. The expansion is expected to be completed by summer 2023, with production starting in fall 2023, creating about 200 jobs.
Felix Schoeller North America is investing over $20 million in a new coating operation in Pulaski, New York, to expand production of siliconized release liners. The project will create 30 new jobs and retain 145 existing jobs.
Altec Industries will invest $1.4 million to expand production of its construction equipment product line at its existing facility in Botetourt County, Virginia, creating 150 new jobs.
Apple has entered a multi-billion-dollar, multi-year deal with Broadcom to develop and manufacture 5G radio frequency components in the U.S., including at Broadcom's facility in Fort Collins, Colorado.
GE Vernova will build a $50 million factory in New York's capital region to produce components for its largest onshore wind turbines. The facility will create 200 jobs and transition a gas turbine plant to wind turbine production.
Lummus Technology has reached an agreement to acquire assets from Siemens Energy's water solutions portfolio, including Zimpro wet air oxidation and PACT wastewater treatment technologies. The deal expands Lummus' offerings for petrochemical and refining customers.
Broadcom subsidiaries have entered into multi-year statements of work with Apple to supply a range of specified high-performance RF and wireless components and modules for use in Apple products.
Texarkana Aluminum is completing a second aluminum sheet mill and finishing complex in Texarkana, Texas, adding 150,000 metric tons of flat-rolled product capacity, doubling existing capacity. Cold commissioning is expected to begin by mid-June 2023.
Cummins Inc. entered a definitive agreement to purchase two Faurecia commercial vehicle exhaust manufacturing plants in Columbus, Indiana (USA) and Roermond, Netherlands, for EUR142 million. The acquisition includes related activities and tech centers.
Howmet Aerospace Inc. announced a proposed acquisition of Consolidated Aerospace Manufacturing, LLC (CAM). The company is offering $1.2 billion in notes to help finance the purchase price, along with other borrowings and cash.
Domtar's Engineered Absorbent Materials facility in Jesup, Georgia completed a $90 million project adding an airlaid production line and 75 jobs, celebrated with a ribbon-cutting on May 23, 2023.
Korean automotive thermal management maker Hanon Systems announced a $40 million factory in Statesboro, Georgia, to supply HVAC parts to Hyundai and Kia near Hyundai's EV plant, hiring at least 160 people with operations targeted for May 2024.
Erie Forge and Steel, Steel America, Collins Machine Works, Bender CCP, BAE Norfolk, and BAE San Diego were awarded a $162 million firm-fixed-price contract for repair of waterborne surface shafts. Work will be completed by May 2028.
G&G Steel Inc. was awarded a $17,954,670 firm-fixed-price contract by the U.S. Army Corps of Engineers for fabrication and delivery of Demopolis Lock and Coffeeville Lock lower miter gates and spare parts. Work will be performed in Tuscaloosa, Alabama, with completion by July 21, 2027.
Superior Air Parts plans to invest $24.2 million to relocate its manufacturing operation and corporate headquarters from Texas to Creola, Mobile County, Alabama. The project will create 180 jobs over five years, with operations beginning in 2024.
REGENT announced on May 22, 2023, that it has selected Moore Brothers Company to manufacture the 65-foot carbon composite wing and hull for its full-scale seaglider prototype. The contract expands their existing relationship.
Albemarle Corporation signed a definitive agreement with Ford Motor Company to supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries. The five-year supply agreement starts in 2026 and continues through 2030.
Concentric was awarded a large contract for precision machined components from an existing global OEM customer in North America, expected to yield around 55 MSEK in annual sales, with deliveries starting in Q2 2024.
Dörrenberg Edelstahl GmbH, a subsidiary of GESCO SE, acquired Tremblay Tool Steels, LLC, a supplier of special steel based in Macedonia, Ohio. The acquisition strengthens Dörrenberg's presence in the US market.
Michelin announced a plan to invest more than $100 million over five years into its Junction City, Kansas operations to increase production capacity of Camso agricultural rubber tracks for both aftermarket and original equipment customers.
Cummins Inc. is investing $452 million in its Jamestown Engine Plant in New York to produce the industry's first fuel-agnostic internal combustion engine platform, including the X15N natural gas engine. The investment will create 90 new jobs.
UN1F1ED² Global Packaging, a Kraft-owned company, has a roughly 300,000-square-foot building adjacent to the Rand-Whitney plant in Boylston, which it intends to use for storage. It makes foam, air pack and wood packaging components.
Rand-Whitney Container, owned by The Kraft Group, opened a 384,000-square-foot corrugated box plant in Boylston, Massachusetts, backed by a $125 million investment. The plant can make up to 300 million boxes a year.
GE Aerospace held a ribbon-cutting ceremony for a new 280,000 sq ft facility in Beavercreek, Ohio, dedicated to engine component manufacturing for civil and military aviation. The facility is part of a $32 million investment in Ohio facilities, and the company aims to create 400 jobs in the Dayton area by end of 2023.
Andritz has received an order from Steves & Sons, Inc. to supply two pressurized refining systems for a new mill in Athens, Georgia, USA. Start-up is scheduled for 2024.
Trystar announced the acquisition of Oztek Corp, a manufacturer of commercial and industrial power conversion and power electronics products based in Merrimack, New Hampshire. The acquisition aims to strengthen Trystar's presence in renewable energy and battery energy storage systems.
Weidmüller USA broke ground on a new engineering and manufacturing facility in Chesterfield County, Virginia. The company is investing $16.4 million to expand its existing building by 24,000 square feet, creating over 100 jobs.
MacLean Power Systems completed the purchase of Dotson Iron Castings, a ductile iron foundry in Mankato, Minnesota, to accelerate vertical integration.
Austal USA was awarded a contract worth up to $3.195 billion for the detail design and construction of up to seven TAGOS-25 class ocean surveillance ships for the U.S. Navy. Austal is the prime contractor, teaming with L3Harris, NCE, TAI Engineering, and Thoma-Sea Marine Constructors.
Seoyon E-Hwa Interior Systems Alabama will invest $4.2 million and add 60 jobs at its Selma, Alabama plant. The expansion includes a new assembly line for Hyundai Santa Fe MX5A door trims, with construction starting in June 2023 and completion by early 2024.
LanzaTech and Plastipak announced the successful production of PPKNatura, the world's first PET resin made from captured carbon emissions. The resin is suitable for food, personal care, and pharmaceutical packaging.
Hyperion Materials & Technologies acquired Dura-Metal Products Corporation, a Pennsylvania-based manufacturer of wear- and corrosion-resistant precision tools and components from cemented carbides, ceramics, and high-speed steels. Dura-Metal employs over 100 people.
CMP Attachments LLC received a tax abatement from Sherburne County for a 10,000 sq. ft expansion of its Clear Lake facility, adding automation including welding robots. The $2.6 million project is expected to create 10 new jobs.
good natured Products signed a two-year contract to supply GoodGuard tamper-evident Bio-PET packaging to a regional US snack food producer, produced at its Houston, Texas facility. Revenue of about USD 1.2 million is expected in the first year, with first shipment in Q3 2023.
Premier Tech unveiled a new 61,000-square-foot facility for its Systems and Automation group in Woods Cross City, Utah. The company invested $13 million in the plant, which started operations in mid-April 2023 and is now fully operational.
Saint-Gobain plans a 10,000-square-foot expansion of its SageGlass campus in Faribault, Minnesota, to house Vetrotech, a fire-resistant glass manufacturer relocating from Washington. The investment is over $7 million and will create about 40 jobs.
ONCAP announced a significant investment in Biomerics, which is also merging with Precision Concepts Medical. The investment is made in partnership with Biomerics' founder and CEO Travis Sessions, Wasatch Equity Partners, and the Marino family.