Holcim US acquired the sand and aggregate operations of Pioneer Landscape Centers, including thirteen quarries in Colorado and Arizona, to strengthen its aggregates footprint.
Braskem and Nexus Circular signed a 10-year definitive commercial agreement for the supply of circular feedstocks from a new advanced recycling facility. Braskem will produce certified circular polypropylene using Nexus's technology.
Braskem and Nexus Circular signed a 10-year definitive commercial agreement for the supply of circular feedstocks from a new advanced recycling facility, supporting Braskem's recycled content goals.
Tuff Torq Corporation expanded its production facilities in Morristown, Tennessee, adding approximately 20,000 square feet for TZ series transaxle production and new electric drive systems (eDS). The expansion will create 60 new jobs.
US industrial packaging distributor B2B Industrial Packaging has acquired custom packaging supplier Next Press of Mahwah, New Jersey. It is B2B's 27th acquisition in 13 years.
Amalgamated Mining Group (AMG) will rent Sandvik loaders, trucks, underground drills, and bolters to customers in the U.S., expanding its partnership with Sandvik from Canada.
Avery Dennison signed an agreement to acquire Thermopatch, a provider of labeling and embellishments for sports, industrial laundry, workwear and hospitality. The deal is expected to close in Q1 2023, with Thermopatch becoming part of Avery Dennison's RBIS Apparel Solutions division.
ÉLITER Packaging Machinery completed a project with ENSURE in the United States, installing a wrap-around sleeve cartoning machine to pack nutritional shake bottles in 2x3 multipacks at medium speed.
Petoskey Plastics is acquiring, renovating and equipping a plastics extrusion facility in McKinney, Texas, adding 100,000 sq. ft. of production space and three new production lines to increase output by approximately 15% over 12 months. The project will create over 150 new manufacturing jobs.
Bri-Steel Manufacturing, a Canadian pipe manufacturer, will open a thermal pipe expansion mill in Enid, Oklahoma, at the former GEFCO facility. The plant will produce large-diameter seamless steel pipe and create 50-100 jobs.
Biomerics completed a 26,000 sq. ft. expansion of its Monroe, CT facility, increasing the building to 63,000 square feet. The expansion adds engineering, lab, and manufacturing space for micromachined and laser-processed medical device components.
LFM Capital-backed ShopSabre, a designer and manufacturer of CNC routers and plasma tables, acquired Langmuir Systems, a CNC plasma firm.
Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Paktron Capacitors, a U.S. manufacturer of multilayer polymer film capacitors. The acquisition expands Quantic's capacitor product portfolio for defense, space, telecom, and other industrial markets.
Pro Medicus' U.S. subsidiary Visage Imaging signed a 7-year, AUD $25 million contract with UW Medicine to deploy the Visage 7 Enterprise Imaging Platform across its network. The cloud-based solution includes Visage 7 Viewer, Open Archive, and Workflow modules.
AcBel Polytech Inc. (via AcLeap Power Inc.) entered into an agreement to acquire the Power Conversion division of ABB Ltd for $505 million in cash. The transaction is expected to close in the second half of 2023, subject to regulatory approvals.
Barcoding, Inc. acquired FRED Automation, Inc., an automated guided vehicle company based in Philadelphia, Pennsylvania, to expand its industrial automation offerings.
Moog Aircraft Group plans to build a 150,000 sq. ft. Advanced Integration Manufacturing Center on its campus in Elma, New York, with Phase 1 costing about $35 million and taking a decade to complete.
Schmidt Automotive, part of MAT Foundry Group, is investing $7.7 million in new automated equipment at its Auburn facility, creating up to 25 jobs over two years.
Rausch & Pausch LP (RAPA) plans to invest over $25 million in its Auburn, Alabama facility, including purchasing the building and new equipment, creating up to 73 jobs over three years.
CNH Industrial expanded production capacity at its Burlington, Iowa plant to introduce a new product line of crawlers/dozers for construction. The project cost $16.99 million and created 80 jobs.
Vallourec secured orders from LLOG Exploration Offshore for the supply of 25,000 metric tons of line pipe for the Salamanca deep-water development in the Gulf of Mexico. The pipes will be produced at Vallourec's facilities in Brazil.
Smith-Midland Corporation will manufacture and install over $6 million in architectural precast panels and columns for two projects: Phase II of the Dominion Idylwood Substation Project in Falls Church, Virginia, and ammunition shelters in New Jersey. Delivery for the New Jersey project begins mid-2023.
L&L Products is expanding in Romeo, Michigan with a total capital investment of approximately $25 million, creating 65 advanced manufacturing jobs. The expansion will add warehousing and two-shot injection molding production capacity for the auto industry.
rms Company, a medical device contract manufacturer, added the DMP Flex 350 Dual 3D printer from 3D Systems to its production workflow to expand medical implant production. rms has grown its DMP fleet from one to over 30 machines over four years.
Halo Microelectronics' subsidiary Halo US will transfer its 30% stake in a joint venture and license silicon controller technologies to Navitas Semiconductor. Navitas will issue USD 20 million in common shares as consideration.
C.R. Onsrud announced an approved $17.2 million expansion plan for new buildings and equipment at its Troutman, North Carolina facility, along with 25 new jobs.
BMH Equipment, LLC acquired Myers Forklift, LLC, a forklift service, repair, and sales company based in Dowagiac, Michigan. The terms of the transaction were not disclosed.
Yanfeng announced a $49.6 million expansion of its operations in Fountain Inn, Laurens County, South Carolina. The expansion will create approximately 58 new jobs and is expected to be complete by 2026.
Mill Steel Co., a distributor of flat-rolled carbon steel, acquired Cleveland Metal Exchange (CME) and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023.
White Oak Partners initiated the add-on acquisition of IER Electrical Equipment and Controls by Chicago Switchboard, a portfolio company of Promise Holdings. IER manufactures custom power distribution and motor control products.
Century Aluminum has placed an order with Hertwich Engineering, a subsidiary of SMS group, for a fully automatic sawing line for aluminum billets at its site in Sebree, Kentucky. The line, which includes stacking and packing systems, is scheduled to go into service in 2024 and will replace an older line.
Wabash National has announced a 10-year agreement with Ryerson for Ryerson to be a key supplier of steel, stainless steel and aluminum products used across Wabash's full portfolio of transportation solutions.
The U.S. Air Force Life Cycle Management Center has awarded a collective $900 million eight-year contract to Cherokee Nation Aerospace and Defense, Interconnect Wiring, KIHOMAC, Parts Life, and Richard Manufacturing to provide wiring harnesses and kit assemblies for the F-16 jet fighter fleet.
Charbone Hydrogen Corporation, through its subsidiary Charbone Corporation USA, has executed a purchase and sale agreement to acquire three operating hydropower plants (Tower 560 kW, Kleber 1,200 kW, Alverno 1,000 kW) in the Onaway, Michigan area from Northwoods Hydropower Inc. for $3,600,000 USD.
Nestlé Health Science will invest $43 million to add two production lines at its Eau Claire, Wisconsin factory, making Boost and Carnation Breakfast Essentials ready-to-drink products. The expansion will add 60 jobs.
Clean-Seas, a subsidiary of Clean Vision Corporation, entered into a joint venture with NuWay Go Recycle Center to establish a $20 million pyrolysis facility in Newaygo, Michigan, expected to begin operations in late 2023 or early 2024.
First Wave, an airplane engine parts manufacturer, will occupy a new 220,000 sq. ft. facility in Bristow, Oklahoma, representing a $14.6 million investment and creating 500 jobs over five years.
Schmidt Automotive announced a $7.7 million expansion of its Auburn, Alabama operation, adding new automated equipment and creating 25 jobs over two years.
Henkel and Shell Chemical LP agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks with renewable feedstocks for surfactants used in Henkel's laundry brands Persil, Purex and all in North America.
Douglas Manufacturing announced a $2 million expansion of its plant in Pell City, Alabama, adding 15,000 sq. ft. and 20 new jobs. The expansion includes new CNC equipment and automation, and will more than double production capacity of conveyor components.
VINCI Energies acquired Avanceon LLC, an industrial controls and system integration company based in Exton, Pennsylvania. Avanceon will join the Actemium network.
Helios Technologies has signed a definitive agreement to acquire Schultes Precision Manufacturing, a precision machined components manufacturer in Buffalo Grove, Illinois. Schultes had approximately $30 million in revenue in 2022.
Braskem announced a project to evaluate an investment in producing carbon-negative bio-based polypropylene in the U.S., using its proprietary technology to convert bioethanol into bio-based PP. The project aims to support Braskem's goal of 1 million tons of biopolymers capacity by 2030.
C&B Material Handling, a dealership partner of Hyundai Material Handling, acquired the assets of Jefferds Corporation and Homestead Material Handling Company, expanding Hyundai's footprint in Virginia and West Virginia.
Membrion, a ceramic desalination membrane manufacturer, announced a $7M Series B funding round led by PureTerra Ventures, with participation from Safar Partners, GiantLeap Capital, Freeflow, and existing investors.
Henkel and Shell Chemical LP have agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks with renewable feedstocks for surfactants used in Henkel's laundry brands in North America.
Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.
Avista Corporation will turn over its 222 MW interest in the Colstrip coal-fired power plant to NorthWestern Energy, effective December 31, 2025. Avista retains remediation obligations and enters a vote-sharing agreement.
Analog Devices Inc. is investing $1 billion to upgrade its semiconductor factory near Beaverton, Oregon, doubling production capacity and adding 280 jobs. The expansion includes 25,000 square feet of new cleanroom space and began in 2021.
Helios Technologies is expanding its Daman Products plant in Mishawaka, Indiana by 50,000 square feet and adding a significant number of employees. The site will become a Center of Excellence for North American manifold operations, with relocation expected by Q3 2023.