Renfro Brands will invest approximately $2 million in equipment and infrastructure at its Riverside Drive facility in Mount Airy, North Carolina, adding up to 35 jobs.
Tyber Medical has hired James Abraham as chief commercial officer and Damien Sibilla as chief financial officer to accelerate growth and commercialization.
Envoy Solutions has reached an agreement to acquire Mooney-General Paper Co., a distributor of industrial packaging, foodservice, and sanitary maintenance supplies based in Hillside, New Jersey. The acquisition expands Envoy Solutions' presence in the Northeast US.
Atlas Copco has announced an agreement with Hoffman & Hoffman to represent its industrial process cooling solutions product line exclusively in South Carolina, North Carolina, Virginia, and Tennessee. Hoffman & Hoffman will work with Atlas Copco's process cooling team to provide customer support.
Crossplane Capital's acquisition of specialty pump rental provider Pump & Integrity was merged with its portfolio company Griffin Dewatering, with Graycliff Partners providing subordinated debt and minority equity financing.
Viking Group bought a 40-acre property in Richmond, Indiana, to build a manufacturing facility for its subsidiary MV Pipe LLC, making Fendium corrosion-resistant fire protection pipe. The project is expected to create 111 new jobs and is backed by up to $1.5 million in state tax credits.
The Defense Logistics Agency and Parker Aerospace held a ribbon-cutting ceremony for a public-private partnership at Hill Air Force Base, Utah. DLA Distribution will store Parker Aerospace material, including brakes and actuators for five legacy aircraft, supporting a $444 million weapons system performance-based logistics contract.
AESI-US, Inc., a subsidiary of AESI Acumen Engineered Solutions International Inc., finalized the acquisition of Metis Energy Solutions, LLC, a Louisville-based energy management services company.
General Motors announced a long-term agreement with GlobalFoundries for an exclusive dedicated capacity corridor for semiconductor wafers, to be manufactured directly for key GM suppliers to support EV production.
Mazak has constructed a new 27,000-square-foot SYNCREX Assembly Plant at its Florence manufacturing campus in Kentucky to produce the SYNCREX Series of Swiss-style machine tools for the North American market, with an output capability of up to 10 machines per month.
Yanmar Group and ASV Holdings Inc. have finalized their merger, creating a single legal entity, Yanmar Compact Equipment North America (YCENA). The merger follows Yanmar's $70.7 million acquisition of ASV, first announced in June 2019 and approved in September 2019.
General Motors reached a long-term agreement with semiconductor manufacturer GlobalFoundries for exclusive capacity to supply microchips for GM.
The Robinette Company will invest $10.3 million to construct a new 100,000-square-foot production facility in Piney Flats, Tennessee, creating 70 new production jobs.
indie Semiconductor has entered a definitive agreement to purchase GEO Semiconductor, a fabless supplier of video processors for automotive cameras, for an undisclosed amount. The deal is expected to close in Q1 2023.
Aero International, an AMS Group company, won a Long-Term Contract from the United States Air Force for repair of T-38 Landing Lights, with a $8.2 million ceiling and up to ten-year period of performance.
SunOpta opened a new plant-based beverage production facility in Midlothian, Texas, with an investment of $125 million, creating up to 175 new jobs. The facility will manufacture plant-based milks, creamers, tea, and other products.
GlobalFoundries acquired Renesas Electronics' Conductive Bridging Random Access Memory (CBRAM) technology to expand its embedded non-volatile memory portfolio for IoT and 5G applications.
SkyKnight Capital launched FirstCall Mechanical Group, acquiring STR Mechanical, Technical Services, TimCo Heating and Air, and Jax Services to form a commercial HVAC, refrigeration, electrical, and plumbing services platform.
Medical device maker Globus Medical agreed to acquire smaller competitor NuVasive in an all-stock transaction valued at over $3 billion.
Centravis will produce and deliver 75 tons of seamless stainless pipes for the boiler at the Alabama Power plant in Wilsonville, Alabama, with the agreement term in the third quarter of 2023.
Emerson is selling a majority stake in its Climate Technologies business to Blackstone in a transaction valuing the business at $14 billion, with Emerson retaining a 45% stake.
JLG Industries completed its acquisition of Hinowa, an Italian manufacturer known for innovative track designs, extending JLG's product portfolio.
Swiss medical device company Medmix will invest at least $20 million to outfit a leased 300,000-square-foot facility in Flowery Branch, Georgia, creating 200 jobs over five to seven years. The site will support healthcare business including drug delivery, surgery, and dental units.
Bobcat Company completed a $9.3 million investment in a new automated punch press line at its manufacturing facility in Gwinner, North Dakota, which recently began production. The investment was announced on February 8, 2023.
Vessco Holdings acquired Gulf States Engineering Co., Inc., a water/wastewater treatment equipment distributor based in Covington, Louisiana, adding 42 employees and 4 service centers. The acquisition was announced on February 8, 2023.
Wencor Group, a solutions provider to aerospace and defense markets, acquired Aero-Glen International, a distributor of aerospace fasteners and hardware based in Fort Worth, Texas. The acquisition was announced on February 8, 2023.
Sterling Medical Devices announced its recapitalization and simultaneous merger with RBC Medical Innovations, creating a combined electromechanical medical device design, development, and manufacturing company. David Montecalvo appointed CEO.
Water Tech Inc., a water-treatment company for the food-processing industry, will invest $10.8 million to build a new 50,000-square-foot facility in Statesville, North Carolina, creating 26 jobs.
Ebner Ofenbau has been contracted by Aluminum Dynamics, a division of Steel Dynamics, to supply furnace equipment for a $1.9 billion recycled aluminum flat rolled mill in Columbus, Mississippi. The equipment includes pusher-type furnaces, batch-type coil annealing furnaces, and continuous annealing lines.
Abbott has agreed to acquire Cardiovascular Systems, Inc. (CSI) for $20 per share, with a total equity value of approximately $890 million. CSI's atherectomy system treats peripheral and coronary artery disease.
MSS Steel Tubes USA LLC, a subsidiary of Portugal-based MSS Steel Tubes SA, will invest $6 million to establish its first U.S. production facility in Memphis, Tennessee, creating 129 new jobs. The facility will serve solar panel manufacturers.
ESAB Corporation has acquired Ohio Medical, which will operate alongside its existing brand GCE Healthcare. The acquisition aims to provide scale, geographic reach, and capabilities for Ohio Medical's suction and oxygen therapy products and medical gas systems.
ZIEHL-ABEGG has broken ground on a €100 million production, logistics and R&D center on a 48,500 m2 site in Winston-Salem, North Carolina, for biomimetic energy-efficient fans. The article says the project will create hundreds of new jobs.
Trillium Flow Technologies announced its acquisition of Coulter Valve Service, a specialty valve field services company offering on-site nuclear and commercial maintenance, repair and modifications in the United States. The deal strengthens Trillium's North American aftermarket business. The deal value was not disclosed.
Larsen Packaging Products, Inc. of St. Charles, Illinois, acquired Alpha Container, a Marysville, Ohio manufacturer and distributor of corrugated products and packaging supplies. The former owner's staff will continue under the Alpha Container name, and the deal expands Larsen into Ohio and Pennsylvania. The deal value was not disclosed.
Bobcat Company completed a $9.3 million investment in automated punch press technology at its Gwinner, North Dakota plant, built with AP&T North America, and added $1.2 million in building upgrades. The new line began production and is expected to more than double press capacity.
Avon Protection Ceradyne LLC was awarded a $6.7 million firm-fixed-price contract by the US Department of Defense (Defense Logistics Agency) for advanced combat helmets, with performance in Irvine, California.
FLAME Heating, Cooling, Plumbing & Electrical acquired Williams Refrigeration, an HVAC services company serving Metro Detroit since 1937.
Rapid Robotics announced a partnership with Yaskawa Motoman to integrate Yaskawa's industrial robotic arms into its Rapid Machine Operator (RMO) platform, expanding capabilities for North American manufacturers.
Nexus Circular signed a long-term commercial agreement with Chevron Phillips Chemical for the supply of circular liquid feedstocks from a new advanced recycling facility. The feedstocks will be used to produce Marlex Anew Circular Polyethylene.
US door manufacturer Steves & Sons Inc placed an order with Siempelkamp for two forming and press lines for door skins made from thin MDF and HDF, plus an order with Siempelkamp subsidiary Büttner for two fibre dryers and an energy plant. Commissioning is scheduled for 2024.
Freudenberg Medical added custom silicone extrusion and tube processing to its new cleanroom manufacturing operation in Beverly, Massachusetts. Silicone tubing production started in January 2023, with additional capacity to be installed in Q1.
ExxonMobil began operations at a new $500 million polypropylene production plant in Baton Rouge, Louisiana, doubling its polypropylene capacity by 450,000 metric tons per year. The plant is part of the company's Growing the Gulf initiative.
Curtiss-Wright Corp. received a 10-year, $287 million IDIQ contract from Edwards Air Force Base – Air Force Test Center to provide High-Speed Data Acquisition System aerospace instrumentation technology for flight test programs.
Boise Cascade's Building Materials Distribution division announced plans for a new 150,000 sq. ft. millwork facility in Kansas City, expected to begin production in June 2023. It will be the company's 10th door shop.
Northwest Pipe Company announced that its Geneva Pipe and Precast division is expanding production at its Utah facilities to manufacture ParkUSA prefabricated water and wastewater products for the Intermountain West market.
Pallidus announced plans to relocate its corporate headquarters and manufacturing operations to York County, South Carolina, with a $443 million investment creating 405 new jobs. The 300,000-square-foot facility in Rock Hill will produce silicon carbide wafers and is expected to be online by Q3 2023.
Alpha and Omega Semiconductor Limited (AOS) entered into a license and supply agreement for its Silicon Carbide (SiC) MOSFET and diode technology with a leading power semiconductor automotive supplier.
Argentum Medical announced a strategic combination with BioDerm, creating a platform focused on infection prevention and advanced wound care. The transaction was completed on January 31, 2023, and was led by Mountaingate Capital.
IperionX and Carver Pump have partnered to offer additively manufactured titanium pump components to the US Navy, with Carver designing the parts and leading qualification. The announcement is dated 7 February 2023.