BEHKO is moving forward with the next phase of construction to retrofit Symrise's facility in Goose Creek, SC, and build a cleanroom environment for a fully automated filling station. The project is scheduled to be completed and fully operational by September 2023.
PolyMet and Teck American have completed a 50-50 joint venture, NewRange Copper Nickel, combining their copper-nickel projects in northeastern Minnesota. Each company will infuse $85 million into the venture.
A&E Conveyor Systems announced a strategic merger with Italy-based Bieffeco Inc., combining their engineering and manufacturing capabilities for the craft brewing industry.
Evoqua Water Technologies entered into a definitive agreement to divest its carbon reactivation and slurry services business to DESOTEC for approximately $100 million. The deal includes facilities in Pennsylvania, Arizona, and California.
Maruichi Stainless Tube Texas Corporation broke ground on a 125,000 square foot manufacturing facility in Seguin, Texas, representing a $75 million capital investment and creating at least 106 new jobs. The facility will produce seamless stainless steel precision tubes for the semiconductor industry.
Spirit AeroSystems signed a 10-year contract with Center Industries for the building and assembly of the window belt for the 737 Max in Wichita, Kansas.
PolyMet Mining Corp. and Teck Resources Limited closed their previously announced joint venture, forming NewRange Copper Nickel LLC, which holds the NorthMet and Mesaba copper, nickel, cobalt, and PGM deposits in Minnesota.
Texas Instruments plans to build a second semiconductor wafer fabrication facility on its existing site in Lehi, Utah, with an $11 billion capital investment and up to 800 new jobs over 20 years.
Menasha Corporation announced that President and CEO James M. Kotek will retire in March 2023, and its board appointed Christopher D. Drees as successor.
The Spearhead Group, a US packaging company, launched Bottle2Bag, a luxury textile bag solution woven from recycled plastic bottles for food, spirits and beverage clients.
Italian luxury packaging maker Pusterla 1880, backed by Andera Mid Cap, acquired a business unit of Burt Rigid Box in New York State and the entire capital of Taylor Box in Rhode Island, then merged them into Pusterla US, Inc. The deal was reported on February 15, 2023.
Sambatek LLC presented plans to the St. Michael City Council for upgrades to the city's wastewater treatment facility. The project is split into two bid packages including a new headworks building, influent pump station, and other improvements. Bidding and construction are set to begin in 2023.
Salas O'Brien has acquired Plus Group, an engineering firm specializing in manufacturing, industrial, chemicals, pharmaceuticals, food & beverage, and agribusiness. The merger creates a combined team of market leaders.
Lorom Holding Co., Ltd., backed by Cornell Capital, has acquired Segue Manufacturing Services, a global contract electronics manufacturer specializing in electromechanical and cable assembly for medical and industrial markets. Terms were not disclosed.
TRUMPF Inc. has begun construction on a 55,800-square-foot expansion of its Farmington, Connecticut facility to manufacture laser cutting, bending and welding machinery. The $40 million project includes a Smart Factory and is expected to be completed by May 2024.
Heritage Color, a subsidiary of Vivify Specialty Ingredients, acquired Reitech Corporation, a manufacturer of water-based pigment dispersions for coatings and graphic arts, effective February 8, 2023.
Shore Capital Partners completed a partnership with Container Services, a custom blow molder of rigid plastic containers based in Hillsboro, Kansas, with a second location in New Castle, Pennsylvania.
GlobalFoundries completed the sale of its East Fishkill, New York, facility to onsemi on December 31, 2022.
General Motors entered into a long-term agreement with GlobalFoundries to secure a capacity corridor at GF's advanced fab in Upstate New York for GM's U.S. supply chain.
Velec Group, a French specialist in food processing solutions, has acquired Multi-Fill, a Utah-based manufacturer of volumetric dosing machines. The acquisition gives Velec its first production footprint in North America.
Hexagon Purus has been selected by New Flyer to supply Type 4 hydrogen storage cylinders for New Flyer's hydrogen fuel cell electric transit buses. The contract is valued at approximately USD 2.5 million, with deliveries scheduled from Q2 2023 to Q1 2024.
CATL has accepted Ford's invitation to collaborate on its $3.5 billion EV battery plant in Marshall, Michigan, by licensing its LFP battery technology. The plant is expected to open in 2026 and employ 2,500 people.
United States Steel Corporation will supply General Motors with its verdeX steel, manufactured with up to 75% fewer emissions. The steel will be produced at Big River Steel and a new mill under construction in Osceola, Arkansas, with shipments starting in 2023.
Rotating Machinery Services, Inc. (RMS) has agreed to acquire the FCCU Hot Gas Expander product line from Siemens Energy, Inc. The transaction is expected to close on February 28, 2023, and includes intellectual property, inventory, and tooling.
SPAC Stratim Cloud Acquisition Corp. signed a binding letter of intent to acquire 100% of Force Pressure Control, LLC, a maker of pressure control rental tools for oil, gas and geothermal well operations, for 12 million shares plus $120 million in cash or notes. The announcement was made on February 14, 2023.
US private equity firm Shore Capital Partners announced a partnership to invest in Container Services (CSI), a Hillsboro, Kansas maker of PET and HDPE blow-moulded plastic containers, to fund growth and acquisitions. The announcement was made on February 14, 2023.
PumpTech, a portfolio company of Pike Street Capital, announced its acquisition of Dakota Pump Inc., a supplier of packaged pump stations and automated systems for water and wastewater markets, with three locations in South Dakota. The deal was announced on February 14, 2023.
PDM US announced a $18.5 million investment to expand its Rock Hill, South Carolina production facility, which will become its world headquarters and create 25 new jobs, with completion expected by April 2023.
Cavaform, a specialist manufacturer in St. Petersburg, Florida, was acquired by a Detroit-based private equity-backed manufacturer, marking its 15th transaction since 2019.
Flory Industries acquired COE Orchard Equipment on February 13, 2023, creating the first full-line orchard harvest equipment manufacturer.
Saturn Five, a Denver-based investor group, partnered with Premier EuroCase, a cabinet component manufacturer. The transaction closed on February 13, 2023.
Siemens Gamesa announced plans to build a large offshore wind nacelle factory at the Port of Coeymans, New York, with a $500 million investment, creating 420 direct jobs. The factory is subject to turbine selection in New York's third offshore wind auction.
General Motors and GlobalFoundries announced a strategic, long-term agreement establishing a dedicated capacity corridor for GM's chip supply at GF's semiconductor facility in upstate New York.
Premix Group, a Finnish plastics manufacturer, will invest $47 million to build its first U.S. manufacturing facility in Gaston County, North Carolina. The plant will create more than 30 new jobs and produce electrically conductive plastics.
Siemens Gamesa Renewable Energy SA has committed to building a $500 million wind-turbine parts factory at the Port of Coeymans, New York, if its equipment is selected for the state's offshore wind projects. The plant would produce nacelles.
General Motors has signed a long-term agreement with GlobalFoundries for a dedicated capacity corridor of semiconductors manufactured at GlobalFoundries' facility in Malta, New York. The deal aims to secure chip supply for GM's automotive needs.
Magna is adding a 740,000 square-foot expansion to its Magna Electric Vehicle Structures facility in St. Clair, Michigan, which opened in 2021. The expansion supports growing EV production.
Magna secured a contract from General Motors to supply battery enclosures for the 2024 Chevrolet Silverado EV. Production will take place at Magna's facility in St. Clair, Michigan, starting later in 2023.
Vallourec secured orders from LLOG Exploration Offshore for the supply of 25,000 tonnes of line pipe for the Salamanca deepwater development in the Gulf of Mexico, including 170,000 ft of X70 heavy-wall pipe and 365,000 ft of X65 pipes.
Spectra7 Microsystems announced that ACES Electronics will offer 800Gbps Active Copper Cable assemblies using Spectra7's GC1122 GaugeChanger chips for the North American data center market.
Associated Supply Company (ASCO) acquired OCT Equipment, which has locations in Oklahoma City, Tulsa and Clinton, Oklahoma. The acquisition expands ASCO's footprint to 27 locations across Texas, New Mexico and Oklahoma, strengthening its position in construction, agriculture and material handling equipment.
Mill Rock Packaging Partners acquired Keystone Paper & Box Company, a folding carton maker based in South Windsor, Connecticut, marking its expansion to the Eastern U.S. Terms were not disclosed.
Inovar Packaging Group completed its acquisition of Cimarron Label and Western Printing, label businesses in Sioux Falls and Aberdeen, South Dakota, its eighth platform company.
ON Semiconductor completed the acquisition of GlobalFoundries' 300mm East Fishkill New York factory and manufacturing plant, adding over 1,000 technicians and engineers.
MO SCI Corp., a provider of advanced high-tech glass development and manufacturing, announced it has acquired the assets of 3M’s advanced materials business (previously known as 3M Ceradyne).
Hamilton Sundstrand Corp., doing business as Collins Aerospace, was awarded a $135 million indefinite-delivery/indefinite-quantity contract by the U.S. Air Force for manufacturing and engineering support of the NP2000 eight-blade propeller and electronic propeller control system for C-130 aircraft. Work will be performed in Windsor Locks, Connecticut, with completion expected by Jan. 19, 2028.
Nonwovens textile company Avgol plans a $97 million expansion of its facility in Mocksville, Davie County, North Carolina.
Chevron Phillips Chemical has signed a long-term supply agreement with Nexus Circular for a significant volume of petrochemical feedstocks from a future pyrolysis facility.
Samkee Corp., a South Korean automotive supplier, will invest $128 million to open its first U.S. factory in Tuskegee, Alabama, creating 170 jobs. Production is expected to begin in 2024.
Castheon, an ADDMAN group company, is moving into a new 40,000-square-foot facility in southern California for hypersonic production and R&D, with over $20 million invested in machines and equipment.