Biomerics, a medical device contract manufacturer, announced a definitive agreement to merge with Precision Concepts Medical, including the acquisition of the medical business of Precision Concepts International and Precision Concepts Group. The combined company will have over 1.2 million square feet of manufacturing space across 13 locations.

The US Army has awarded IMPSA International a $48 million contract for two ship-to-ship container cranes. The award was upheld by the US Court of Federal Claims against a protest by Konecranes.

Samsung Display has entered into a definitive merger agreement to acquire eMagin Corporation for $2.08 per share in cash, valuing the transaction at approximately $218 million. eMagin is a U.S. leader in OLED microdisplays for AR/VR and near-eye imaging products.

Owlstone Medical won a contract from the U.S. Defense Innovation Unit to develop a handheld breath biopsy device for early detection of infectious disease, with clinical studies at Duke University over two years.

Meyn America will establish its first South Carolina operations with an $10.8 million distribution facility in Oconee County, creating 25 jobs. Operations expected online in Q3 2023.

JLG Industries will invest approximately $120 million over two years to expand SkyTrak telehandler production at its Oshkosh facility in Jefferson City, Tennessee, increasing capacity by at least 50%.

Gelpac, a Canadian packaging manufacturer, announced the acquisition of Standard Multiwall Bag Mfg. Co., a maker of industrial and food-grade multiwall bags with plants in Beaverton, Oregon and Lubbock, Texas. The deal was financed by CDPQ, W Investments and a bank syndicate led by National Bank of Canada.

Nextech, a commercial HVAC/R service provider, acquired Service Specialists, a commercial HVAC and refrigeration service company headquartered in Madison, Wisconsin. The acquisition was finalized on May 16, 2023, adding approximately 50 employees.

Yaskawa Motoman announced plans to expand its headquarters in Miamisburg, Ohio, adding 185,000 sq. ft. to nearly double production space. The expansion will add 70 employees and is set to begin in June 2023, taking about a year.

72 Steel LLC held a groundbreaking ceremony for a new $218 million steel mill in Aliquippa, Pennsylvania, to produce rebar. The mill will have an annual capacity of 500,000 tons and is expected to employ over 300 people, with completion projected by end of 2025.

Sierra Pacific Windows is expanding with a 610,000-square-foot manufacturing campus in Phenix City, Alabama, to increase production capacity for high-end windows and doors. New equipment is on order for the greenfield build.

Westinghouse signed a contract with Dominion Energy to design, manufacture and deliver six replacement steam generators for Surry Nuclear Power Station in Virginia. Delivery starts in 2028 with installation in 2029.

Jacobs was awarded a contract by Cirba Solutions to manage facility design and support construction for a $200 million lithium-ion processing site expansion in Lancaster, Ohio.

Atlas Web Technologies, a division of Atlas Roofing Corporation, announced investments to increase capacity by approximately 30% at its paper mills in Meridian, MS, and Franklin, OH, over the next two years.

ResGreen Group International was awarded a contract by a leading automotive supplier to supply ten BigBuddy AGVs and BotWay traffic management software for approximately $450,000. The system will move materials to and from 22 assembly lines and the shipping area.

Georgia-Pacific and Dixie completed a $145 million expansion of their Darlington plant, which now makes more Dixie plates and bowls and includes a new distribution center and printer. A ribbon-cutting is planned for the end of May 2023.

Inframark acquired Phoenix-based Mehall Contracting, a wastewater management service provider, on May 28, 2025. Mehall serves commercial and industrial clients including food and beverage companies.

Azuria Water Solutions and Inframark completed their previously announced combination on April 23, 2026, creating a platform with over $2.5 billion in revenue. Inframark will operate as a flagship brand under Azuria.

Service Center Metals (SCM) is completing a $127 million investment in a new remelt and casting plant and a new extrusion plant near its existing operations in Prince George, Virginia. The casthouse is operational, and the extrusion plant will follow later in 2023, creating 94 new jobs.

Kelly Tillage, an Australian agricultural machinery manufacturer, will build a new assembly facility in Rogersville, Missouri, investing $2 million and creating 22 new jobs. This will be its first assembly facility outside Australia.

Triumph Group's Product Support business in Grand Prairie, Texas was awarded a multi-year contract by ITP Aero to provide MRO support on accessory components for CT7 and T700 platforms, including propeller gearboxes and pumps.

Design Mechanical Inc. announced the acquisition of Benso Refrigeration Group, expanding its commercial HVAC services to include commercial and industrial low-temperature refrigeration for supermarkets, laboratories, hospitals, and food processing.

The Master Group, a Canadian HVACR distributor, acquired Ohio-based Refrigeration Sales Corp. (RSC), an independent distributor of HVACR products. The acquisition expands The Master Group's footprint in Ohio and Pennsylvania.

Anovion Technologies will build a new 1,500,000-square-foot manufacturing facility in Bainbridge, Georgia, to produce synthetic graphite anode materials for lithium-ion batteries. The project involves over $800 million in investment and will create more than 400 jobs, with operations expected to begin in late 2025.

HEICO Corporation entered into an agreement to acquire Wencor Group from Warburg Pincus and management for $1.9 billion in cash and $150 million in stock, totaling $2.05 billion. Wencor will become part of HEICO's Flight Support Group.

Brazilian group Portobello started production at a new plant in Baxter, Tennessee, using Sacmi technology. The facility will produce medium-large size tiles and trims, with an annual output of 8-9 million square meters.

Papé Material Handling acquired Globe-Bay Area Forklift, effective May 12, 2023. No financial details were disclosed.

Accelerated Filtration Inc. (AFI) of Midland, Michigan, closed a $4 million seed funding round led by Michigan Capital Network and others. The funds will be used to double production space at its Midland facility and ramp up global business development.

Private equity firm Apollo Management Group is set to acquire Arconic, an aluminum products company, at $30 per share. The deal is expected to close before the end of 2023.

Superior Air Parts announced a $24 million expansion in Creola, Alabama, adding 180 jobs and relocating its headquarters to the expanded plant.

Chart Industries announced a $74 million expansion with a second site in Theodore, Alabama, creating 59 new jobs for increased production of cryogenic containers.

Permascand signed a collaboration and supply agreement with Chemetry and acquired shares in Chemetry for approximately SEK 10.2 million. The deal supports commercialization of electrochemical cells for Chemetry's eShuttle EDC technology.

VinFast Auto Pte. Ltd. and Black Spade Acquisition Co announced a business combination agreement. After the transaction, VinFast will have an equity value of over US$23 billion and be listed in the U.S., with an enterprise value of approximately US$27 billion.

Pratt & Whitney Canada announced a $10 million investment to expand its engine component repair facility in Wichita Falls, Texas, adding a new coating line and creating 30 new jobs.

Durante Rentals, LLC acquired the assets of Delaware-based equipment rental provider and dealer Iron Source, LLC on 11 May 2023. The move expands Durante Rentals' reach in the Mid-Atlantic region.

Bell Textron Inc. and Boeing received a $482 million contract from the U.S. Navy to produce four CMV-22B Osprey tilt-rotor aircraft. Most work will be done in Fort Worth, Texas, with assembly in Amarillo, and completion expected by June 2026.

X-FAB Texas announced a $200 million phase-one expansion of its silicon carbide manufacturing facility in Lubbock, Texas, expected to create up to 250 jobs. Further investments will follow based on market demands.

Southeast Mechanical acquired Gentry Air Inc., a Greensboro-based HVAC company, to bolster its presence in the North Carolina market.

Primex Color, Compounding & Additives Corporation will invest $5.4 million to construct a new R&D center and expand manufacturing space in Jasper, Tennessee, creating 28 new jobs.

Rockwell Automation signed a memorandum of understanding with Doosan Robotics and Doosan Corporation to integrate controllers and robotics and develop advanced technologies for smart factory operations.

ACTEGA announced plans to open a 238,000-square-foot facility in Kings Mountain, North Carolina, consolidating four existing locations. The relocation is set for Q2 2024, supported by $94,000 in state funding for training.

ZwitterCo and Mott Corporation announced a multi-year exclusive partnership to deliver wastewater filtration solutions for manure and food-waste digesters, breweries and distilleries in North America.

Ingeteam will add two EV charger product lines at its existing wind turbine plant in Milwaukee, Wisconsin, investing in new production and hiring up to 100 additional workers over five years. Production of DC fast chargers is expected to start in the second half of 2023.

Bruks Siwertell secured an order from Borton LC for three belt-type conveyor systems as part of a plant modification project at Capitol Aggregates' cement manufacturing facility in Texas.

Bauer Compressors is expanding its Norfolk, Virginia location and will add 47 new jobs.

Marubeni Corp., through its subsidiary MAIHOIII LLC, acquired Automotive Parts and Services Holdings (APSH), a US-based company focused on online parts distribution and mobile inspection for vehicle service contracts.

Argonaut Private Equity has acquired Center Rock Inc., a Pennsylvania-based provider of drilling tools and rigs for the construction, mining, utility and energy industries.

Origin Materials and Indorama Ventures signed a strategic MOU to explore commercial production of bio-based materials, including evaluating use of Indorama Ventures' US units for producing sustainable chemicals and plastics.

Tesla held a groundbreaking ceremony for its lithium refinery near Corpus Christi, Texas on May 8, 2023. The $1 billion+ facility will produce battery-grade lithium hydroxide, creating 165 full-time jobs and 250 construction jobs, with completion expected by 2025.

CPI Aerostructures received a binding notification from Raytheon Technologies to manufacture pod structures and air management system components for the Next Generation Jammer Mid-Band program, valued at up to $32.6 million.