Citroniq Chemicals and Lummus Technology signed a letter of intent for the development of green polypropylene projects in North America, using Lummus' Verdene PP technology, with first plant in the Midwest starting production in 2026.
Rockwell Automation signed a Memorandum of Understanding to form a partnership with Doosan Robotics and Doosan Corporation to integrate robots and controllers and develop new technologies for smart factories globally. The signing took place on April 25, 2023.
Marshall USA LLC, a subsidiary of Marshall Aerospace, will establish a major maintenance and engineering facility at Piedmont Triad International Airport in Greensboro, North Carolina, creating 240 jobs and investing $50 million. The announcement was made on April 25, 2023.
Kronospan plans a new oriented strand board manufacturing plant on its 460-acre site in Oxford, Alabama, with a $350 million investment creating 125 new jobs. Oxford City Council approved tax abatements for the project, and groundbreaking is slated for later in 2023.
Civil & Environmental Consultants, Inc. (CEC) was awarded a multimillion-dollar contract for Steel Dynamics, Inc.'s new $2.5 billion greenfield recycled aluminum flat-rolled mill in Columbus, Mississippi.
Park Aerospace Corp. announced that its largest customer approved and qualified the company's major expansion of its Newton, Kansas facilities for production. The expansion, costing approximately $20 million, doubled the facility size to about 90,000 square feet, and first production run occurred on April 19, 2023.
Eversource and Ørsted selected Haugland Energy Group LLC to install the underground duct bank system for Sunrise Wind's onshore transmission line in Brookhaven, New York. The contract is worth more than $200 million and will create over 400 union jobs.
Occidental and the Rice family increased their PIPE investments by $275 million combined in NET Power's proposed business combination with Rice Acquisition Corp. II, bringing total committed capital to $510 million.
Ohio Steel Industries (OSI) announced plans to expand operations with a 35,000-square-foot facility in Delaware, Ohio, investing $7.2 million and adding 52 jobs to support plastic extrusion production.
Ronin Equity Partners has formed Lotus Beverage Alliance through the simultaneous merger of six companies, including G.W. Kent Inc., Alpha Brewing Operations, Twin Monkeys, Stout Tanks and Kettles, Brewmation, and Automated Extractions. The combined entity has a value of $100 million.
AECOM and Brown and Caldwell, as the AECOM-BC Team joint venture, have been selected by the Metropolitan Water District of Southern California to provide program management support services for the Pure Water Southern California water reuse program.
Picard Medical, parent of SynCardia Systems, entered a definitive business combination agreement with Altitude Acquisition Corp. to become a publicly traded company. The transaction estimates a pre-money enterprise value of $480 million for Picard Medical.
Quantic X-Microwave was awarded a multi-million-dollar contract by a leading U.S. defense contractor for delivery of 3U OpenVPX card assemblies for an airborne electronic warfare application.
Haver & Boecker Niagara acquired partial ownership in Tandem Products Inc., a polyurethane producer of screen media and liners for mining and industrial industries. The joint venture combines sales channels and expands Haver & Boecker Niagara's North American polyurethane manufacturing.
East West Manufacturing, LLC acquired Eastprint Incorporated, a printed electronics solutions provider based in North Andover, Massachusetts. The acquisition adds capabilities in printed electronics and human machine interface technologies.
Heidelberg Materials entered into a definitive purchase agreement to acquire The SEFA Group Inc., the largest fly ash recycling company in the USA, based in Lexington, South Carolina.
Blackstone funds completed the acquisition of a majority stake in Emerson's Climate Technologies business, valued at $14.0 billion, which will be renamed Copeland. Emerson receives about $9.7 billion in upfront proceeds and keeps 40% common equity.
Canadian packaging firm Kruger has opened its first US corrugated plant in Elizabethtown, Kentucky, a $142 million facility with high automation. It is expected to employ 150 people and produce 2.4 billion sq ft of recycled corrugated boxes a year when fully operational.
Mexican steel fabricator Forza Steel is investing $150 million in a new plant at the Port of Brownsville, Texas, creating 140 jobs. The plant is under construction.
Trelleborg Engineered Coated Fabrics signed a distribution agreement with MMI Textiles for TACTWEAR High Abrasion Neoprene Kevlar (HANK) material. The agreement expands availability of the product for law enforcement, defense, and recreational applications.
Aegis Power Systems Inc. was awarded a $28.6 million indefinite-delivery/indefinite-quantity contract by the U.S. Navy to develop and produce new Cryptographic Universal Enclosure (CUE) Power Supply Modules for submarines. Work will be performed in Murphy, North Carolina, with completion expected by April 2026.
Trelleborg Engineered Coated Fabrics signed an exclusive distribution agreement with MMI Textiles for TACTWEAR High Abrasion Neoprene Kevlar (HANK) material. The agreement is effective immediately and expands their existing partnership.
Kuraray extended distribution of its MOWITAL PVB resins in North America through a distribution agreement with Gehring-Montgomery, effective July 1, 2023.
Aerojet Rocketdyne received a $215.6 million contract from the U.S. Department of Defense to expand and modernize facilities in Huntsville, Alabama; Camden, Arkansas; and Orange County, Virginia, for rocket propulsion systems supporting Ukraine.
Rayburn Electric Cooperative announced it plans to acquire the 758 MW Panda Sherman Power Plant, a natural gas combined cycle plant in Grayson County, Texas, and rename it Rayburn Energy Station.
Atlas Roofing Corporation announced a new $200 million asphalt shingle manufacturing facility in Clinton, Iowa, which will create over 100 new full-time jobs.
Rulmeca Holding S.p.A. announced the acquisition of Douglas Manufacturing Ltd, a conveyor components manufacturer based in Pell City, Alabama.
Leitner-Poma of America purchased five acres adjacent to its Grand Junction facility for expansion and announced a new site in Utah.
Steel Dynamics Inc. awarded SMS group a contract to supply an aluminum flat rolling mill for its newly formed subsidiary Aluminum Dynamics in Columbus, Mississippi.
Persico S.p.A acquired CHH, Inc. (d/b/a Precision Mold Services), a U.S. rotomoulding service provider based in Minnesota. The transaction closed on April 20, 2023.
Mark Krauss, owner of American Cord & Webbing Co. (ACW), acquired Advantage Plastic Products (APP), a custom injection molding company in Concord, New Hampshire. The new entity operates as ACW Plastic Products, Inc. (APP), DBA Advantage Plastic Products, adding 25,000 square feet and new capabilities.
Rhino Inc. plans to construct a 213,543 square foot manufacturing facility in Suwannee County, Florida, to expand its Wave Armor floating dock line and produce Rhino Tuff Tanks. The $17.125 million investment is expected to create 50 new jobs, with groundbreaking in early May 2023 and completion by spring 2024.
Aerojet Rocketdyne's Aerojet Ordnance Tennessee (AOT) has been awarded a multi-year IDIQ contract worth up to $75 million by the U.S. Army to provide M829A4 120mm Kinetic Energy round components for the M1 Abrams Main Battle Tank.
The U.S. EPA's National Vehicle and Fuel Emissions Laboratory has awarded NORESCO a $130 million energy savings performance contract for energy efficiency improvements, infrastructure upgrades and operations and maintenance over 22 years.
SiNAPTIC and Lithoz have signed a strategic sales and marketing partnership, including the purchase of seven CeraFab S65 Medical printers for SiNAPTIC's new research center in Lafayette, Colorado.
Control Associates, Inc. acquired MV Controls, Inc., an HVAC solutions provider in Randolph, New Jersey, effective April 20, 2023. The acquisition expands Control Associates' HVAC portfolio.
Georgia-Pacific LLC announced plans to invest more than $50 million in its Port Hudson mill in Zachary, Louisiana, to increase capacity and improve paper converting equipment. Construction began and is expected to be completed by mid-2023.
Movensys, a South Korean motion control platform company, acquired Skylla Technologies, an MIT spinoff specializing in autonomous mobile robot (AMR) control software. The acquisition was announced on April 19, 2023.
Hammond Group, Inc. announced full-scale operations of a new multi-million dollar Treated SureCure manufacturing line in North America, doubling production capacity for the battery additive.
Honeywell International was awarded a $13,435,380 firm-fixed-price contract by the US Navy to manufacture 11 auxiliary power units for the P-8 Poseidon aircraft. Work will be performed in Phoenix and at supplier locations, with completion expected by April 2025.
FCAH Aerospace, backed by O2 Investment Partners, made an investment in and partnered with Cobalt Aero Services to support its strategic growth in MRO services for nacelle components and thrust reversers.
Gold Bond Building Products will invest $90 million to expand its Mount Holly, North Carolina gypsum wallboard plant. The expansion will create 11 new jobs and retain 100 existing jobs, with construction expected to be completed in 2024.
BorgWarner plans to invest $42 million to expand its Seneca, South Carolina facility, adding 3GWh of annual battery module capacity and about 122 jobs over three years. Expansion begins in Q2 2023 with completion expected in the first half of 2024.
Satair, an Airbus Services company, and BASF signed an agreement for global exclusive distribution of BASF Ozone Converters and Ozone VOC Converters for commercial aircraft, including repair administration services.
Kewpie and its U.S. division Q&B Foods broke ground on a new food production plant in Clarksville, Tennessee, to produce mayonnaise, salad dressings, and sauces. The $65.2 million investment will create 85 jobs, with 55 jobs online by 2025.
Ancra Cargo and Ancra Systems BV, sister companies owned by The Heico Companies, will consolidate operations under Ancra Cargo to expand North American infrastructure and European market presence. The merger is expected on May 1, 2023.
Hydro celebrated the roof installation of its new $150 million aluminum recycling plant in Cassopolis, Michigan. The plant will create 70 jobs and is expected to start operations in Q4 2023.
Warabeya Nichiyo Holdings Co. Ltd. announced plans to build a new 140,000-square-foot plant in Ohio to produce bread and light meals for 7-Eleven and Speedway stores. The $81.5 million facility is expected to begin operation in December 2024.
Kordsa, Inc. will invest $50 million to expand manufacturing operations at its Chattanooga, Tennessee facility, creating 200 new jobs and adding tire cord fabric conversion capacity.
Covidien Sales LLC was added as an awardee to a multiple award contract for patient monitoring systems, accessories and training for the Defense Logistics Agency. The contract value is $450,000,000 and was originally awarded on December 14, 2018.