Aehr Test Systems received a $6.7 million order from a Fortune 500 semiconductor supplier for multiple WaferPak full wafer contactors to support increased production of silicon carbide power devices for electric vehicles.
MDS Foods Inc. will invest $8.9 million to expand its Tullahoma facility in Coffee County, adding 48,000 square feet of cooler space and 10,000 square feet for new cheese production lines, creating 75 new jobs.
TSMC has started construction of a second semiconductor fabrication facility in north Phoenix, Arizona, bringing total investment to approximately $40 billion for two fabs. The first fab is scheduled to begin production in 2024, the second in 2026.
KPM Analytics, a Union Park Capital portfolio company, has acquired Smart Vision Works, an AI technology company providing computer vision systems for agriculture and food industries. The acquisition enhances KPM's vision inspection portfolio.
Vertellus (now Aurorium) has acquired Centauri Technologies, a specialty materials manufacturer in Pasadena, Texas, and rebranded as Aurorium.
Construction has started on the Golden Triangle Polymers Project in Orange, Texas, a joint venture between Chevron Phillips Chemical and QatarEnergy. The $8.5 billion facility will include a 2,080 KTA ethane cracker and two 1,000 KTA HDPE units, with operations expected to begin in 2026.
Elgi Compressors USA Inc, a subsidiary of Elgi Equipment, entered an operating agreement to acquire a 33.33% stake in CS Industrial Services LLC, its exclusive distributor for ELGi compressors in Western New York, for about $125,000. Completion is expected by 31 March 2023.
Keselowski Advanced Manufacturing (KAM) has announced a partnership with Granges Powder Metallurgy (JD Technologies Worldwide, LLC) to provide additive manufacturing solutions using DISPAL aluminium alloy powder in the USA.
ENGEL has delivered two duo 130000/130000H/8200 combi US injection molding machines, each with 8,000 tons of clamping force, to Infiltrator Water Technologies in Winchester, Kentucky. These are the largest machines ever built by ENGEL.
Nestlé Purina PetCare purchased Red Collar Pet Foods' pet treat facility in Miami, Oklahoma, completed on March 10, 2023, to expand pet treat capacity.
ION Corp. and RiverNorth Development Partners announced a partnership to build an aerospace manufacturing facility on West Broadway Avenue in North Minneapolis, creating over 100 jobs.
Alcrete Industries, an Alabama-based precast concrete manufacturer, has acquired Cape Fear Precast, including its NPCA Certified Plant and 20-acre manufacturing site in Jacksonville, North Carolina. The acquisition expands Alcrete's reach into the North Carolina market.
Konecranes Nuclear Equipment and Services LLC was awarded a $48,476,094 modification to design, fabricate, install and test a 175-ton heavy-lift portal crane at Norfolk Naval Shipyard, Virginia, with completion expected by November 2026.
Bailey International opened a new MVP (Motors, Valves, Pumps) Center in Grand Rapids, Michigan, with over 20,000 sq ft, stocking and manufacturing hydraulic motors, valves and pumps. The center follows Bailey's earlier acquisition of Hydrolico.
Hexagon Machine and Manufacturing LLC is expanding its plant in Longmont, Colorado, from 7,000 to over 10,000 square feet to meet growing demands from aerospace, medical, flight and robotics customers.
Budderfly entered into a high-volume contract with Carrier to deploy thousands of WeatherExpert ultra high-efficiency commercial packaged rooftop HVAC units to small and medium-sized businesses in the US. Budderfly purchased over 2,000 units for delivery in Q2 2023.
Corrosion Innovations announced a merger with its long-term distribution partner CRW Consulting & Distribution, LLC on March 3, 2023. The merger aims to expand product offerings and enhance customer service in the corrosion control industry.
ABB has been awarded the contract for front-end design services for automation, electrical and advanced digital solutions at Cerilon's first gas-to-liquids facility in North Dakota, USA. The $2.8 billion greenfield plant will produce up to 24,000 barrels per day of synthetic energy products, with first phase operations starting in 2028.
Avery Dennison announced the acquisition of Thermopatch, a company with operations in North America and Europe, which will become part of Avery Dennison's Solutions Group.
Steel Dynamics placed an order with SMS group for a new aluminum flat rolling mill for its joint venture Aluminum Dynamics in Columbus, Mississippi. The mill will have an annual capacity of 650,000 metric tons and is expected to start production in the first half of 2025.
Steel Dynamics Inc. placed an order with SMS group to supply a new aluminum flat rolling mill for its joint venture Aluminum Dynamics in Columbus, Mississippi. The mill will have a capacity of 650,000 metric tons per year and is expected to start production in the first half of 2025.
Packaging designer and distributor TricorBraun signed an exclusive agreement to offer BioBottles' fully biodegradable bottles to nutraceutical companies in the US and Canada.
Chevron Phillips Chemical and QatarEnergy have begun construction of the Golden Triangle Polymers Plant, an $8.5 billion integrated cracker complex in Orange County, Texas. The facility includes an ethane cracker with 2.08 million tonnes/year ethylene capacity and two HDPE units with combined 2 million tonnes/year capacity, expected to start up in 2026.
Aquaspersions Limited, a British manufacturer of water-based additives, announced a $7.5 million investment to build a new production facility in Broussard, Louisiana. The facility will supply components for the nitrile glove industry and create 25 new direct jobs, with operations expected to begin in early 2024.
KLS Martin Group is expanding its Jacksonville manufacturing facility with a $16 million, 53,203-square-foot addition for manufacturing and offices. The project permit was approved on March 7, 2023.
Vonco Products LLC has acquired Genesis Plastics Welding, an ISO 13485-certified thermoplastics contract manufacturer specializing in RF welding and heat sealing for medical devices.
Unified Power, a portfolio company of Incline Equity Partners, has acquired Core Power & Environment, a national provider of backup power equipment and critical power maintenance services.
Palfinger will open its regional headquarters in Schaumburg, Illinois, in the second quarter of 2023, including an integrated demonstration and training centre.
The Boeing-Leonardo team has received a $285 million production contract from the U.S. Air Force to supply 13 MH-139A Grey Wolf helicopters, with deliveries expected to start in 2024.
Perma-Pipe International Holdings secured a contract over $9 million to apply FLOW-THERM subsea wet insulation for Beacon Offshore's Winterfell Project in the US Gulf of Mexico. Work will be executed at Perma-Pipe's facility in Port of Iberia, Louisiana, and completed before end of 2023.
Daido Steel will acquire plant facilities for hot forging die manufacturing business in the US from Elizabeth Carbide Die Co for about $3.9 million.
Rockwell Automation announced a strategic investment in READY Robotics and a collaboration to integrate READY's ForgeOS platform with Rockwell's Logix controllers and design software, aiming to simplify robot implementation and accelerate industrial automation deployments.
Solenis has entered into a definitive merger agreement to acquire Diversey, a provider of hygiene and cleaning solutions, in an all-cash transaction valued at approximately $4.6 billion enterprise value. Diversey shareholders will receive $8.40 per share in cash.
Collins Aerospace received a $22,799,684 firm-fixed-price order from the U.S. Navy to procure 80 Modern Pump Housing hardware kits, 80 installation kits, and two component kits for E-2 and C-2 aircraft propellers. Work will be performed in Windsor Locks, Connecticut, with completion expected in May 2026.
Family-owned corrugated packaging company Welch Packaging acquired Nashville Box, a corrugated packaging supplier.
Steel Dynamics' new venture Aluminum Dynamics has broken ground on a $2.5 billion aluminum flat-rolled mill in Lowndes County, Mississippi, with a capacity of 650,000 metric tons per year, expected to begin production in mid-2025.
In-Place Machine Company, LLC (IPM) announced the acquisition of Western Machine Works, LLC (WMW) to expand reach and service offerings across the U.S. and Canada.
CMI Plastics will add 60,000 square feet to its facility in Ayden, North Carolina, investing $5 million and creating 12 new jobs. The company makes plastics for consumer, pharmaceutical, medical, automotive, and industrial customers.
RJD Green's subsidiary Silex Holdings signed a non-binding MOU to acquire a mid-west stone countertop and cabinet company, complementing its Silex Interiors operation.
Merit Capital Partners and BlueArc Capital Partners partnered with management to acquire CyCan Industries, a developer and manufacturer of adhesives, cleaners, lubricants, fragrances, and coatings based in Woodstock, Georgia.
C.R. Onsrud broke ground on a new 67,000-square-foot building as part of a multi-phase expansion project that also includes a 9,900-square-foot machine shop expansion and new equipment. The $17 million investment is expected to add 50-100 jobs and the new building is expected to be completed in Q2 2024.
ATEC Water Systems, a subsidiary of Cadiz, was awarded a $10 million contract by the Central Utah Water Conservancy District to supply 320 wellhead filters for the Vineyard Wellfield Groundwater Polishing Project. The filters will be manufactured in Hollister, California over the next 12 months.
Sypris Technologies, a subsidiary of Sypris Solutions, amended its supply agreement with Detroit Diesel Corporation (DDC), a subsidiary of Daimler Truck North America, to add new drivetrain components for heavy-duty commercial vehicles. Production is expected to commence in early 2023.
Kernel Group Holdings, a SPAC, entered into a definitive merger agreement with AIRO Group Holdings, an aerospace and defense platform. The combined company is expected to have a pro forma equity value of approximately $847 million and list on Nasdaq under the symbol AIRO.
Integrated Water Services, Inc. (IWS), in partnership with Sciens Water Opportunities Management, has acquired 100% of Hyperion International Technologies, LLC, a developer of industrial control systems for the water sector based in Austin, TX. The acquisition expands IWS's product and service solutions.
Global auto parts manufacturer PHA will invest over $67 million in a new facility in Chatham County, Georgia, to supply door modules, tailgate latches, and hood latches to OEMs including Hyundai Motor Group Metaplant America. The project will create 402 jobs and operations are expected to begin in 2024.
CMC Electronics signed a multi-year contract with Sikorsky, a Lockheed Martin company, to supply its CMA-2082MC military Flight Management System for several Black Hawk helicopter models including UH-60M, HH-60M, HH-60W, S-70i and S-70M.
Munters' Data Center Technologies business area received several orders totaling approximately USD 215 million from a US hyperscaler for custom-designed Computer Room Air Handlers. Deliveries are expected from end of 2026 to early 2028.
Mentice AB acquired all substantial assets of Vascular Simulation Inc. for USD 5.6 million (approx. 48 million SEK), with a possible additional USD 0.4 million. The purchase price will be paid with a directed new shares issue.
Kongsberg Automotive secured a contract worth over EUR 25.5 million in estimated lifetime revenue for production of air suspension lines, awarded by a major global EV manufacturer. Production will involve hose manufacturing at its Suffield plant in the US and assembly at its Ramos Arizpe plant in Mexico.