HEXPOL signed an agreement to acquire 100% of the shares in McCann Plastics LLC for $120 million on a cash and debt free basis, expected to close in Q4 2022.

Technip Energies has secured a contract valued at €250 million from Chevron Phillips Chemical and QatarEnergy to deliver cracking furnaces for the ethane cracker of the $8.5 billion Golden Triangle polymers project in Orange, Texas. The cracker will have a capacity of 2,000 kilotons per annum.

Xylem agreed to acquire water treatment company Evoqua in an all-stock deal valued at an implied enterprise value of about $7.5 billion. The combined company expects $140 million in annual run-rate cost synergies within three years.

C/A Design, part of Heico's Thermal Solutions Segment, broke ground on a new 115,000 sq ft headquarters in Exeter, New Hampshire. The $35 million investment will create up to 200 jobs and expand aluminum brazing capabilities for aerospace and defense.

Ensign Equipment Inc., a manufacturer of equipment for handling dry bulk solids, completed a 10,000-square-foot expansion of its assembly plant in Holland, Michigan, nearly doubling its assembly space.

Appvion, a Wynnchurch Capital portfolio company, acquired Decorative Films, a manufacturer of decorative, privacy, and functional window films in Frederick, Maryland.

Technip Energies won a contract from Chevron Phillips Chemical and QatarEnergy to supply proprietary cracking furnaces for a 2,000,000 tpy ethane cracker in Orange, Texas. The furnaces will feature seven of the largest capacity furnaces Technip Energies has ever designed.

Applied Manufacturing Technologies (AMT) has opened a second manufacturing facility at 250 Kay Industrial Drive in Orion, Michigan, nearly doubling its production area to over 51,000 square feet.

Entegris announced plans to build a new manufacturing center of excellence in Colorado Springs, Colorado, with an investment of approximately $600 million. The facility will initially support Microcontamination Control and Advanced Materials Handling divisions, targeting initial commercial operations in mid-2024 and creating about 600 jobs.

Houchens Industries is acquiring Air Hydro Power, an industrial distributor of motion control and fluid power solutions. The deal is expected to close in January 2023.

Altoz has opened a new 75,000 square-foot production facility in Red Lake Falls, Minnesota, with the first zero-turn mower coming off the production line. The $15 million first phase of the project is underway.

Duravant LLC, a global engineered equipment and automation solutions provider, has acquired Multiscan Technologies, a manufacturer of machine vision solutions for the food processing industry headquartered in Alicante, Spain. The acquisition expands Duravant's sorting, grading and inspection equipment offering.

IIOT-OXYS announced a new contract for a Smart Manufacturing Proof of Concept with a northeast CNC machined component manufacturer. The project involves predictive maintenance and AI analytics, with support from partner Aingura IIoT.

Magna International agreed to acquire the Veoneer Active Safety business from SSW Partners for $1.525 billion in cash, adding ADAS sensor and systems capabilities.

Zhejiang Gongdong Medical Technology Co., Ltd, through its US subsidiary GD Medical Inc., signed an asset purchase agreement to acquire the core assets of Trademark Plastics, Inc. (TPI), a California-based manufacturer of polymer disposable medical consumables, for an estimated $42 million.

Sikorsky Aircraft Corp. was awarded a $676.7 million ceiling-priced performance-based logistics contract for supply chain management of 196 assemblies in support of CH-53E and MH-53E helicopters, with work through December 2027.

Velocity Composites plc signed a five-year Work Package Agreement with GKN Aerospace expected to be worth over US$100 million in revenue. To support this, Velocity is developing its first US advanced manufacturing facility in Alabama, which will deliver the agreement.

IPS has acquired Evans Enterprises, Inc., a leading electromechanical and rotating equipment service provider with eight locations across the South and Central United States. The acquisition adds services to underserved markets and enhances IPS's network of 64 locations.

Summertown Metals, LLC will invest $11 million to construct a new facility in Lewis County Industrial Park in Hohenwald, Tennessee, for headquarters, manufacturing, and distribution. The project will create 197 new jobs and is expected to be complete in Q1 2023.

California Steel Industries, Inc. (CSI) decided to build a new No. 3 Continuous Galvanizing Line at its mill in Fontana, California, with an annual capacity of 400,000 tons. The investment is approximately $370 million, with production expected to start in 2025.

Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.

Griffin Dewatering, a portfolio company of Dallas-based Crossplane Capital, purchased the Pump & Integrity Rental segment of Cross Country Infrastructure Services. The deal was reported on 20 December 2022.

Eastern Controls, Inc. expanded its authorized representation of SICK to cover Eastern Pennsylvania, New Jersey, Delaware, Maryland and New York, building on its existing western Pennsylvania, West Virginia and Ohio territories.

SPO Global Inc. has entered into a non-binding letter of intent to merge with Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd., a Chinese food machinery manufacturer. The transaction would make SFHI a wholly-owned subsidiary of SPO Global.

Mazak expanded its Florence, Kentucky manufacturing campus with a new 27,000-square-foot SYNCREX Assembly Plant to produce Swiss-style machine tools. The plant has an output capacity of up to 10 machines per month.

Agiliti Inc. won a $491 million long-term contract with the U.S. Department of Health and Human Services to manage, maintain and deploy the nation's emergency supply of respiratory medical devices. The contract was signed in December 2022.

Advent International will acquire Maxar Technologies in an all-cash deal valued at $6.4 billion, including debt, at $53 per share. The deal includes a 60-day go-shop period.

Sarens will supply cranes and transport services for the construction of Corpus Christi Polymers' new PTA-PET plant in Texas, starting January 2023 and lasting about 18 months. The plant will produce 1.1 million t of PET and 1.3 million t of PTA annually.

Ondas Holdings announced that Airobotics shareholders approved the proposed acquisition on December 18, 2022. The transaction is expected to close by the end of January 2023, making Airobotics a wholly owned subsidiary of Ondas.

Fox Valley Tool & Die is expanding its 68,000-sq-ft main plant in Little Chute, Wisconsin, by 30,000 sq ft. The company also purchased two KASTOwin pro AC 5.6 band saws and added 10 5-axis machining centers and three Mazak Integrex multitasking machines.

Gränges broke ground on an expansion at its Newport, Arkansas facility to produce battery cathode foil (BCF) for lithium-ion batteries, creating 43 new jobs and including finishing equipment and a clean room.

L3Harris Technologies announced a definitive agreement to acquire Aerojet Rocketdyne Holdings for $58 per share in an all-cash transaction valued at $4.7 billion, inclusive of net debt.

PetDine announced the official opening of its new 105,000-square-foot cold extrusion manufacturing facility in Windsor, Colorado, on Dec. 13, 2022. The facility triples PetDine's capacity for soft chew pet products and represents a $25 million investment.

Veoneer's Restraint Control Systems business was awarded its largest-ever contract to deliver next-generation restraint control systems to a major North American OEM, starting in 2026 across four vehicle platforms including EVs.

Confluent Medical Technologies invested in several new high-precision tube drawing lines to expand Nitinol tubing capacity and size capability, enabling outer diameters up to 15mm. The investment supports the Nitinol Center of Excellence in Fremont, CA.

Amalgamated Mining Group (AMG) will provide rental underground equipment from Sandvik, including loaders, trucks, underground drills and bolters, to customers in the USA. This extends their existing partnership from Canada into the US market.

Lear Corporation will upgrade manufacturing plants in Independence Township, Traverse City and Sterling Heights, Michigan, with a $112.5 million investment expected to create 500 jobs. The project includes a new facility in Independence Township for battery disconnect units, with production slated to start in early 2024.

BASF began the final phase of its MDI capacity expansion project at its Louisiana site, aiming to increase production capacity to approximately 600,000 metric tons per year by the middle of the decade.

ERMCO Inc., a subsidiary of Arkansas Electric Cooperatives, has acquired Spire Power Solutions L.P., a manufacturer of power transformers, from private equity firm Mill Point Capital.

In 2022, Micronics Engineered Filtration acquired National Filter Media, and Vance Street Capital's continuation fund EV 1 acquired the combined company.

M S International (MSI) will invest $61.6 million to establish an East Coast distribution facility in Suffolk, Virginia, creating 80 new jobs. The facility will serve the Mid-Atlantic and Midwest regions.

Abbott will invest $536 million to build a new manufacturing facility in Bowling Green, Ohio, producing specialty and metabolic powder nutritional products. The project will create 450 permanent jobs.

Mullen Automotive received a firm purchase order from Randy Marion Isuzu for 6,000 Class 1 EV cargo vans, valued at approximately $200 million. Deliveries are expected to begin in the first quarter of 2023.

H2O Processing, a subsidiary of Umbra Applied Technologies Group, was contracted by Pinto Red Gathering Company to treat iron-contaminated crude oil. The initial contract covers 650 barrels per day, escalating to 1,200 barrels daily, with potential total service contracts reaching $17.2 million annually.

Gryphon Investors signed a definitive agreement to sell Heritage Distribution Holdings, a multi-regional HVAC/R parts distributor in the US, to Beijer Ref. The sale is expected to close in Q1 2023.

AAR signed a military customer support distribution contract extension and a new long-term global commercial distribution agreement with Ontic, covering supply chain solutions and exclusive OEM product distribution for Twin Commander and Metro Merlin airframes.

Lucerne International acquired Morgan Machining LLC, a machine shop in Auburn Hills, Michigan, to bring machining work back from China. The deal adds 10 employees and is expected to create 10-15 new jobs.

Nations Capital Inc. entered into a strategic agreement with ML Crane Group to purchase certain crane assets, including all-terrain, rough terrain, crawler cranes and boom trucks, and provide remarketing services for additional fleet assets.

Northrop Grumman Systems Corp. received a $17,970,406 firm-fixed-price order from the U.S. Naval Air Systems Command to procure spare components for Japan's E-2D Advanced Hawkeye aircraft. Work will be performed at multiple U.S. locations and is expected to be completed by July 2026.

Uranium developer enCore Energy agreed to acquire the Alta Mesa in-situ recovery uranium project in Texas from Energy Fuels for $120 million.