Accelerated Filtration closed a $4 million seed funding round led by Michigan Capital Network. The company will use the funds to double the production space at its Midland, Michigan manufacturing facility and ramp up global business development.

Avgol is investing approximately $100 million to expand its Mocksville, North Carolina facility with a sixth multibeam spunlaid production line and a laminate finishing line, creating 52 new jobs.

GlobalFoundries announced a $1 billion investment to add 150,000 wafers per year at its existing Fab 8 facility in upstate New York, and plans to construct a new fab on the same campus that will double capacity and create over 1,000 new jobs.

Canlak Coatings, a portfolio company of SK Capital Partners, acquired Ceramic Industrial Coatings, a manufacturer of specialty wood coatings. Financial terms were not disclosed.

Raytheon Technologies authorized CPI Aerostructures to begin manufacturing of pod structures and air management system components for the Next Generation Jammer Mid-Band program LRIP phase 3, with a maximum value of $32.6 million.

American Carbonyl, LLC acquired the Carbonyl Iron Manufacturing assets and business lines from Ashland, Inc. on May 8, 2023.

TekniPlex Consumer Products plans a 200,000 sq ft specialty molded fiber manufacturing facility in Ohio, scheduled to start operations in early 2024. It is the company's eighth molded fiber facility and follows three recent acquisitions.

Crane Engineering, a Wisconsin fluid technology distributor, acquired Professional Pump, Inc., a Belleville, Michigan distributor of pumps and fluid process equipment. The deal extends Crane's service footprint into Michigan and Northwest Ohio. Existing management will remain.

Probo Medical, a global provider of medical imaging equipment, completed the acquisition of National Ultrasound, an ultrasound marketing and sales organization based in Duluth, GA. Terms were not disclosed.

Ultra-Fit Manufacturing U.S.A. Inc., a subsidiary of Canada's Ultra-Fit Manufacturing Inc., acquired Bay Alphi Manufacturing, a tube bending and parts manufacturer for the automotive industry. The deal includes a $1.5 million capital investment and will create 63 new jobs, retaining 44 existing staff.

Bell Boeing Joint Project Office received a $482.3 million contract modification from the U.S. Navy to produce and deliver four CMV-22B aircraft (Lot 27). Work will be performed at multiple U.S. locations and is expected to be completed by June 2026.

Aircraft Precision Products Inc. announced a $1 million expansion of its Ithaca, Michigan plant and 12 new jobs to become a lead supplier of components for GE's LEAP engine. The expansion involves installing a high-volume machining cell to make parts currently produced in China.

DXP Enterprises announced it completed the acquisitions of Riordan Materials Corporation and Florida Valve & Equipment/Environmental MD, both water-market suppliers, funded with cash. Riordan serves Mid-Atlantic and Northeast states and Florida Valve serves Florida municipal water markets. The definitive agreements were signed May 1, 2023.

ChromaScape LLC announced the acquisition of Kemira's colorants and dye business, including a manufacturing site at Bushy Park in Goose Creek, South Carolina. The deal closed on May 4, 2023.

Setco Sales Company, a subsidiary of Holden Industries, acquired the assets of GTI Spindle Technology. The combined entity will offer expanded spindle repair and analysis services to the machine tool industry.

Mellott entered into an agreement to acquire Southern Machinery Company, an aggregates industry service provider.

Apollo Global Management agreed to acquire aluminum-products company Arconic Corp. for about $3 billion, or $30 per share.

Konecranes will supply 36 Automated Stacking Cranes (ASCs) to the Port of Virginia for the Norfolk International Terminals North Terminal project. The order is valued at over EUR 130 million, with delivery in two batches by mid-2025 and mid-2027.

VSE Corporation has entered into a definitive agreement to acquire Desser Aerospace, a global aftermarket solutions provider of specialty distribution and MRO services for aviation. The acquisition is expected to close within 90 days, subject to regulatory approvals.

Texas Instruments announced it will build a second 300mm wafer factory in Lehi, Utah, adjacent to its existing LFAB factory, with an investment of approximately $3-4 billion.

AGCO announced a capital improvement project to increase production capacities for Massey Ferguson and Fendt Momentum planters at its Kansas facilities in Beloit and Cawker City, starting Q2 2023 through Q1 2024.

New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.

Ardagh Glass Packaging North America signed a supply agreement to continue manufacturing all of Sprecher Brewing Company's glass beer and beverage bottles, including a redesigned custom 16oz bottle made at its Burlington, Wisconsin facility.

Manitowoc Tool and Machining (MTM) has purchased G&V Machine Company, a machining company based in Ixonia, Wisconsin. The acquisition adds over 210 CNC machines and brings total employees to over 400.

Eagle Materials completed the acquisition of Martin Marietta's cement import and distribution business in Northern California, including a cement terminal in Stockton, California.

Paragraf, Ltd. acquired Cardea Bio, the developer of the CRISPR-Chip graphene-based biosensor. The acquisition combines Paragraf's mass production of graphene electronics with Cardea's biosensor expertise to support CRISPR QC's gene editing analytics platform.

The Port of Virginia ordered 36 Automated Stacking Cranes from Konecranes for over EUR 130 million. The cranes are for the Norfolk International Terminals North Terminal project, with initial delivery planned by mid-2025.

BDT Capital Partners has entered into a definitive agreement to acquire a significant stake in ProMach, a processing and packaging machinery solutions provider, alongside existing majority owner Leonard Green & Partners. Financial terms were not disclosed.

Klöckner Pentaplast is planning an $18 million expansion at its Beaver, West Virginia plant, adding 60,000 square feet and creating about 80 new jobs. The expansion aims to make the facility its North American food hub.

Delta Star will invest $30.2 million to expand its manufacturing and headquarters operation in Lynchburg, Virginia, creating 149 new jobs. The company will move its headquarters to a new 80,000-square-foot facility adjacent to its plant.

Barnet is expanding operations at its Spartanburg, South Carolina headquarters with a new carbon fiber investment that will expand production and create new manufacturing jobs.

ACTEGA is investing $5 million in its New Jersey facility to automate production, increase capacity and storage. The project has begun and is set to complete in Q1 2024.

Beverage and liquid packaging co-packer BEC Co-Packers will invest $2.5 million to expand in St. Tammany Parish, buying a long-vacant building on Highway 11 in Slidell for production and warehousing. The expansion could create up to 150 jobs, with a fourth production line planned to open this summer.

Forza Steel is investing $60 million to build a 650,000-square-foot manufacturing facility at the Port of Brownsville, Texas, to produce steel pipes and tubes for automotive, construction, and oil and gas industries. The facility will create 150 direct jobs and 450 indirect jobs.

USG plans to break ground on the Avery Quarry in Alabaster Township, Michigan later in 2023, with an expected life span of 25 years and production of around 500,000 tons per year of gypsum.

Mullen Automotive announced a 1,000-vehicle order for the Mullen THREE Class 3 EV truck from Randy Marion Automotive Group, valued at $63 million. Deliveries commence in August 2023.

ChemREADY, a provider of industrial water treatment solutions, purchased Waterra Corporation of Wexford, Pennsylvania. The acquisition fills a geographic coverage gap in western Pennsylvania and expands market share in eastern Ohio.

CPI Aerostructures has been awarded $7.1 million in purchase orders from the U.S. Air Force for T-38 aircraft modification kits, bringing total funded orders under the contract to $38.7 million.

OSI Systems' Healthcare division, Spacelabs Healthcare, received a $12 million order to provide patient monitoring solutions to a U.S. hospital.

DuPont has agreed to acquire Spectrum Plastics Group from AEA Investors for $1.75 billion. The deal is expected to close by the end of Q3 2023 and will strengthen DuPont's healthcare portfolio.

Cascades announced the permanent shutdown of paper machine number 2 at its Niagara Falls, New York mill, which had been temporarily shut down since November 2022.

Cascades began production at its converted Bear Island, Virginia mill, which has annual capacity of 465,000 short tons of 100% recycled containerboard and 180 permanent jobs.

Cosentino Group will establish a multiphase manufacturing facility in West Jacksonville, Florida, its first in the US. The first phase involves a $270 million investment and 180 jobs, with completion by end of 2028.

Xylem Inc. completed its all-stock acquisition of Evoqua Water Technologies, valued at approximately $7.5 billion. The combined company becomes the world's largest pure-play water technology company.

GE Vernova will invest $50 million at its Schenectady, New York facility to establish a new manufacturing assembly line for its 6.1 MW onshore wind turbine, creating approximately 200 new jobs.

CBT Company acquired Crush Bearings and Drives, a family-owned mechanical power transmission company based in Lexington, Kentucky, to expand its presence in the state.

The Gund Company acquired Vanderveer Industrial Plastics of Placentia, CA, on May 1, 2023. Vanderveer fabricates custom-engineered composite and specialty thermoplastic materials for aerospace, semiconductor, and renewable energy equipment markets.

Ocean State Innovations (OSI) has acquired Cloud9 Fabrics of Cranford, New Jersey, a provider of organic fabrics to the quilting trade. Cloud9 will operate in conjunction with OSI's P&B Textiles.

Invenergy Transmission and Prysmian announced a long-term supply agreement for up to 12,500 miles of overhead conductor cable through 2029, and a $22.5 million investment to expand Prysmian's manufacturing facility in Williamsport, Pennsylvania, creating 27 jobs.

Daikin Applied acquired Carroll Air Systems, a Tampa-based HVAC sales representative and service provider for commercial and industrial facilities in Central and West Coast Florida.