Fibertex Nonwovens Inc. celebrated the completion of a $49.5 million expansion at its Gray Court facility, adding a second spunlace production line and creating 39 new jobs.
Prysmian Group will acquire General Cable for $30 per share in cash, valuing General Cable at $3 billion including debt. The transaction was approved by both boards and is expected to close by Q3 2018.
Prysmian Group announced a $15 million expansion of its North American headquarters in Lexington County, South Carolina, to increase fiber cable production. The project is expected to create 30 jobs over five years.
MosChip Technologies signed a share purchase agreement to acquire Softnautics Inc., a California-based product engineering solutions company, for $17.25 million. The acquisition will be completed next quarter and adds over 185 employees.
SunMed has entered into a definitive agreement to acquire Vyaire Medical's business unit that manufactures and markets respiratory and anesthesia consumables focused on airway management and operative care. The announcement was made on March 28, 2023.
Balfour Beatty and Metcon Inc., in a joint venture, have been selected by Raleigh-Durham Airport Authority to deliver an approximately $650 million phased construction program at Raleigh-Durham International Airport, including parking expansion, roadway improvements, and terminal expansion.
JLS Automation, a designer and manufacturer of robotic packaging machinery, acquired K2 Kinetics, a provider of palletizers and case packers. The acquisition adds K2's product line to JLS's offerings and will be housed in JLS's newly expanded production facility.
Baker Hughes has been awarded a contract by Sempra Infrastructure to supply two main refrigerant compressors, four Frame 7 turbines paired with eight centrifugal compressors, and two electric motor driven compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Karlville Swiss has joined the In.Pack Machinery group alongside Mobert, Amutec and SCAE to create a leading provider of bag and pouch converting machines. The group has established a USA office in Miami, Florida.
RSI EnTech, LLC, an ASRC Industrial company, has acquired Envirachem, a specialty environmental radiological and chemical services provider based in Maryland Heights, Missouri. The acquisition enhances RSI's environmental services offerings.
Skanska has signed a contract with an existing client to build four new data centers in the southeast region of the USA, totaling approximately 75,000 square meters, worth USD 1.2 billion. Construction will begin in Q3 2026 and is expected to be completed in Q3 2028.
Skanska has signed an additional contract with an existing client to build a 22,000 square-meter data center in Virginia, USA, worth USD 238 million. Construction will start in August 2026 and be completed in May 2028.
Daikin Industries has acquired Alliance Air Products, a custom HVACR manufacturer, and CM3 Building Solutions, a building energy management company, in the United States to enhance its HVACR data capabilities and target the US market.
Metglas, Inc. announced it is doubling production capacity for its HB1M Amorphous Steel product line at its Conway, South Carolina plant. The expansion is expected to be completed by July 2023 and will create 30 new jobs.
Block-Lite, a family-owned masonry business, announced plans to produce concrete using CarbonBuilt's alternative-cement process and Aircapture's CO2 removal technology. The partners received a $150,000 grant from the 4 Corners Carbon Coalition to design the facility.
South Korea's LG Energy Solution Ltd said it would resume a stalled U.S. battery project with a $5.6 billion investment in Arizona to qualify for federal incentives under the Inflation Reduction Act.
Time Bicycles announced plans for the U.S.'s largest carbon fiber bicycle manufacturing facility after acquiring a 140,000-square-foot factory in Landrum, South Carolina. First products expected by end of 2023.
Calico Group and Sound Partners jointly acquired Tradewinds Mechanical, a commercial HVAC-R company based in Las Vegas, Nevada. The acquisition provides resources for growth.
EGCO Group completed the acquisition of a 49% interest in the Rhode Island State Energy Center, a 609 MW natural gas-fired combined-cycle power plant in Johnston, Rhode Island, on 24 March 2023. The deal adds 298 MWe to EGCO's capacity.
Baker Hughes won a contract from Bechtel to supply four Frame 7 turbines, eight centrifugal compressors and two electric motor driven compressors for the first phase of Sempra's Port Arthur LNG project in Texas. The deal was announced on Monday, March 27, 2023, after Sempra's final investment decision on March 20. The price was not disclosed.
TricorBraun entered an exclusive agreement to supply BioBottles biodegradable plastic bottles to the nutraceutical industry in the US and Canada. The bottles use Symphony Environmental's d2w oxo-biodegradable technology, developed by Better Earth.
Baker Hughes won a Bechtel order to supply two main refrigerant compressors for Sempra Infrastructure's Port Arthur LNG Phase 1 project in Jefferson County, Texas, following final investment decision on March 20, 2023. The package includes four Frame 7 turbines, eight centrifugal compressors and two motor-driven compressors, for about 13 MTPA nameplate capacity.
Garsite Progress LLC, an entity formed by AFI Partners, acquired Garsite and Progress Tank, U.S.-based manufacturers of aviation refueling and liquid waste transportation equipment.
Illuminate USA entered a five-year agreement with Solarcycle to source recycled solar glass for production of 3 GW of solar panels annually, totaling 15 GW over the contract period. Solarcycle will supply from a new plant in Cedartown, Georgia, with initial deliveries expected by early 2028.
Crown Beverage Packaging is starting up a new module at its Mankato aluminum can plant that should increase end-making capacity by 65%. The plant supplies customers including Pepsi, Coca-Cola and Schell's Beer.
Crown Beverage Packaging plans to build a solar array on a six-acre site north of its Mankato aluminum can plant, with construction planned for 2024. The project supports Crown Holdings' goal of 75% renewable electricity by 2030 and 100% by 2040.
Lockheed Martin Aeronautics Co. was awarded a $79,955,058 contract modification to procure additional initial spares in support of F-35 Lightning II Lot 17 deliveries for the U.S. Air Force, Marine Corps, Navy, and international customers.
HTI Cybernetics, a North American provider of customized manufacturing automation solutions for the automotive industry, has been acquired by NanSun Technology Holding, Inc., a subsidiary of Chongqing NanSun Automation Technology Co., Ltd.
Berkshire Grey, a provider of AI-enabled robotic solutions, has entered into a definitive merger agreement with SoftBank Group Corp. SoftBank will acquire all outstanding shares not already owned for $1.40 per share in an all-cash transaction valued at approximately $375 million.
Pratt & Whitney, a Raytheon Technologies business, announced plans to invest $255 million through 2028 in a new 845,000-square-foot sustainment facility in Oklahoma City. The facility will serve as a hub for depot operations for all Pratt & Whitney military engines, including F-35, C-17, F-22, F-15, F-16, B-52, and E-3 AWACS.
Schweitzer Engineering Laboratories (SEL) will invest $25 million to expand manufacturing operations at its West Lafayette, Indiana facility, increasing recloser controls production capacity by over 35% and creating approximately 130 jobs. The project is expected to be completed in March 2027.
Schweitzer Engineering Laboratories (SEL) is investing more than $500 million between 2026 and 2028 to expand manufacturing operations in Idaho, Washington, Indiana, and North Carolina. Projects include new facilities in Moscow, Nampa, and Post Falls, Idaho; expansions in Pullman, Washington, and West Lafayette, Indiana; and additional panel assembly space in Charlotte, North Carolina.
Gerresheimer Glass broke ground on an expansion of its Morganton, North Carolina plant, expected to add 78 jobs and involve an investment of up to $94 million. Up to $66 million of funding comes from BARDA.
Airedale has commenced deliveries of 14 OptiChill Free Cool data center chillers to Corscale's Gainesville Crossing Data Center Campus in Virginia. The chillers will cool 8 x 9MW data halls in building 1 of a planned 300MW development.
WECO and Multiscan Technologies, both Duravant operating companies, have entered into a strategic partnership. WECO will sell, lease and support Multiscan's optical sorters and inspection equipment for nut, fruit and vegetable packers in the US, Canada and Mexico.
Southern HVAC Corp., through its Southern Home Services platform, acquired George M. Hill & Sons Inc., a heating and air conditioning services company in Spartanburg, South Carolina. George M. Hill & Sons will merge with Five Star Plumbing Heating & Cooling.
Hiru Corporation entered a multi-million-dollar co-packing agreement with VOSS Water to bottle still and sparkling water for Voss's Western US operations at its Glendale, Arizona and Denman, California plants. The announcement was made on 24 March 2023.
Seaway Plastics Engineering acquired Wright Engineered Plastics, a company based in Santa Rosa, California, to expand its geographic reach and customer base in the medical, aerospace, and defense industries. The acquisition includes 21 injection molding machines.
Summit Materials and its subsidiary Continental Cement opened the Davenport Cement Storage Dome in Davenport, Iowa, with a storage capacity of 125,000 tons of cement. The project took approximately 18 months to complete and was finished on time and on budget.
ROHM Semiconductor announced that Apex Microtechnology is adopting ROHM's SiC MOSFETs and SiC Schottky Barrier Diode in bare die form for a new line of power modules, including the SA310, SA110 and SA111.
Roach Conveyors, a material handling systems corporation, has signed off on plans for an 80,000 square foot warehouse and distribution center in Trumann, Arkansas, with expansion plans to over 160,000 square feet. The eight-figure investment is set to break ground in mid-May and be complete by summer 2024.
Flender Corporation will expand its existing manufacturing facility in Elgin, Illinois, for wind and industrial drivetrains, creating 50 new jobs and retaining 140 jobs.
Toyota Boshoku Tennessee, LLC will invest $54.4 million to expand its metal stamping facility in Jackson, Tennessee, adding 87,000 square feet and creating 80 new jobs. The expansion will consolidate stamping operations to become a lower arm seat supplier.
Graphic Packaging International announced a new facility in Waco, Texas, with a state-of-the-art coated recycled paperboard machine and 640,000 square feet of production and warehouse space valued at $1 billion. The company expects to create around 230 local jobs.
Reed International acquired Stepp Manufacturing Co., a Minnesota-based manufacturer of asphalt maintenance equipment, which will team up with VSS Macropaver and Kasi Infrared.
Norwood Medical broke ground on March 14, 2023, for an 11th building at its Dayton, Ohio headquarters. The 72,000-square-foot facility will produce components for minimally invasive and robotic surgical devices, increasing the campus footprint by 11%. Completion is expected in 2024, and the company plans to hire 100 additional workers.
Soliyarn Inc. will acquire and renovate a vacant industrial building at 23 Farrar St. in Lynn, Massachusetts for its new 18,000-square-foot headquarters and production facility. The project is supported by a $3.3 million bond from MassDevelopment. Soliyarn expects to create 84 full-time jobs over three years.
Hexatronic, through its subsidiary Blue Diamond Industries, will establish a new HDPE conduit production facility in Ogden, Utah, with a $30 million investment. Production is expected to start in Q2 2024.
Regal Rexnord Corporation has received all required regulatory approvals to complete its acquisition of Altra Industrial Motion Corp. The transaction is expected to close on or around March 27, 2023, with Altra becoming a wholly owned subsidiary of Regal Rexnord.
Trelleborg Group has finalized the acquisition of an operation from 4M Company, Inc., specializing in sealing solutions for aerospace and industrial applications. The operation is based in Tukwila, Washington, with annual sales of approximately SEK 85 million.