HiSonic secured a 10-year long-term supply contract for secondary battery can-cap assembly materials for a global battery company's factory in the United States, reported on 17 May 2024. The contract is reported to be worth 30 to 40 billion KRW, and mass production is planned from July 2024.
Genpak LLC expanded and reopened its renovated 400,000-square-foot Hope Hull manufacturing facility in Montgomery, Alabama, investing $22.8 million and adding 155 jobs to its existing 145 employees. The reopening was reported on 16 May 2024.
Dow and Freepoint Eco-Systems agreed a supply deal for an estimated 65,000 metric tons per year of certified-circular pyrolysis oil from a planned Arizona advanced recycling facility, to be used in Dow's US Gulf Coast operations from as early as 2026.
The Ziegenfelder Company broke ground on a $46 million manufacturing facility in Lockhart, Texas, expected to create more than 100 jobs and increase production capacity for frozen treats such as Twin Pops.
Curtiss-Wright was awarded contracts valued above $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, with work running through 2029.
Curtiss-Wright was awarded contracts valued in excess of $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class programs, with work running through 2029.
EAM-Mosca opened its $20.6 million expansion of its Hazle Township, Luzerne County manufacturing operation, growing its footprint from 165,000 to 283,000 square feet and creating over 50 jobs.
Maschinenfabrik Reinhausen has invested $3 million in a new production building at its Humboldt, Tennessee plant for bolt-on tap-changers, expected to operate from end of July 2024.
Plastipak Packaging and Kraft Heinz agreed to convert KRAFT Real Mayo and MIRACLE WHIP containers in the United States to 100% food-grade recycled PET, eliminating about 14 million pounds of virgin plastic. The announcement was made on May 13, 2024.
Ebara Corp received an order from the Southern Nevada Water Authority to supply eight large double suction centrifugal water pumps for pumping stations in Las Vegas, Nevada.
Volk Packaging and its contract packaging division Volk Paxit will implement Amtech Software's EnCore ERP with Scorekeeper, TopGun and Visual Analytics for an automated solution. The announcement was made on May 6, 2024 from Fort Washington, Pennsylvania.
JetCo Packaging Solutions, Ponderosa Packaging and Mil-Spec Packaging of GA will share a maximum $27,555,755 indefinite-delivery contract with the Defense Logistics Agency for fiberboard boxes and sheet material. The five-year contracts run to May 5, 2029.
Vessco Water, based in Minneapolis, acquired G.A. Fleet Associates, a New York distributor of pump and process treatment equipment for municipal water and HVAC equipment for commercial markets, based in Rye Brook, New York.
Governor Hochul announced a $50 million modernization of the Genesee Brewery in Rochester, New York, to build a packaging facility that will supplement Canadian production of Labatt Blue, with up to 57 new jobs and more than 500 retained, supported by a $7 million state grant.
KKR has sent deal books for the sale of Circor International's DeltaValve subsidiary, a Sandy, Utah maker of coke drum unheading valves, with first-round bids expected in May; the business is marketed on $11 million of EBITDA, according to sources.
York-based RG Group has acquired Benz Hydraulics, a Wilmington, Delaware hydraulics and pneumatics company, to expand its product offerings and presence in Delaware.
Danfoss Turbocor opened an expanded production facility in Tallahassee, Florida in May 2024, doubling its manufacturing capacity for oil-free magnetic bearing compressors.
Motion & Control Enterprises (MCE) acquired General Machinery Company, Inc., a Birmingham, Alabama distributor of automation and electrical products, process pumps and compressed air products. GMC will keep its name and operate under its existing leadership.
Hydraulic gear pump and motor maker Geartek is expanding its existing Corinth, Mississippi facility by about 8,500 square feet with a $3.8 million investment that will create two jobs.
Edwards Vacuum, part of Atlas Copco, has started construction on the first phase of a $319 million dry pump manufacturing facility in the town of Alabama, Genesee County, New York. The plant is expected to create about 600 jobs.
Kaishan Compressor USA (KCA) held a groundbreaking for an expansion of its Baldwin County, Alabama plant, adding 90,000 sq ft of new factory space and a 5,000 sq ft R&D center to expand dry oil-free screw air compressor production. The $15 million cost is fully self-funded.
Acme Corrugated Box Company announced it will add a second Isowa Falcon to its production capacity for 2025, following its first Falcon added in mid-2023.
Magnum Venus Products moved its machining and fabrication operations from Kent, Washington to its 125,000 sq ft East Tennessee facility near Knoxville, boosting production capacity by 25% and creating at least 30 positions this year.
Kaishan Compressor USA (KCA) held a groundbreaking ceremony on April 22 for a factory expansion in Loxley, Baldwin County, Alabama. The project adds 90,000 sq ft of factory space and 5,000 sq ft of R&D space, funded by KCA itself.
Kaishan Compressor USA broke ground on an $11 million expansion of its Loxley, Baldwin County, Alabama plant, planning to add 50 jobs over five years.
Can-One USA opened a 180,000-square-foot beverage can manufacturing plant in Nashua, New Hampshire, able to produce more than 2 billion aluminum cans a year. PROCON handled architecture and general contracting, and The Kane Co. developed the property.
Amcor Flexibles North America announced its largest-ever expansion of dairy production capacity, enhancing printing and converting capabilities in Northeast Wisconsin over the next 18 months. The investment targets growing demand for flexible dairy packaging.
Wärtsilä was awarded a contract by the Lower Colorado River Authority for ten Wärtsilä 50SG engines for the new Timmerman Power Plant near Maxwell, Texas, doubling the output of an earlier order. The order was booked in March 2024, and the first unit is expected online in 2025.
Westrock Coffee opened its 570,000-square-foot roast-to-ready-to-drink beverage manufacturing facility in Conway, Arkansas, ahead of schedule on April 16, after a $315 million investment.
DXP Enterprises acquired Hennesy Mechanical Sales, a distributor of industrial pumps serving municipal water and wastewater markets in Arizona, New Mexico and West Texas. The deal is listed in World Pumps' Q1 2024 M&A review.
Rapid Pump, a portfolio company of Hidden Harbor Capital Partners, acquired AC Furia Electric Motor, a White Plains, New York repair and distribution business for motors and pumps. The deal expands Rapid Pump's footprint in the northeast.
Greif is finalizing construction of a bulk corrugated manufacturing plant in Dallas, Texas, scheduled to open in spring 2024. The plant will mainly make triple wall sheets and jumbo boxes for industrial and agricultural customers.
EPL America will invest $37.4 million in building upgrades and new machinery at its 200,000-square-foot Danville, Virginia facility, adding 24 jobs and expanding into beauty and cosmetic laminated tubes.
Atlas Copco is proposing a $30 to $40 million expansion of its Voorheesville, New York facility, adding a six-story addition to make larger CO2 compressors and about 50 jobs.
Sulzer has opened new pump production lines in Easley, South Carolina, making submersible sewage and grinder pumps with US materials and labour. The CHF 10 million investment supports Build America Buy America compliance.
Smurfit Kappa purchased a 259,000 square-foot industrial spec building at 1105 Scotts Bridge Road in Anderson County, South Carolina, at Exit 27 of I-85, committing to a $68 million investment and 200 new jobs.
An affiliate of H.I.G. Capital completed the acquisition of Segers Aero Corporation, an FAA-certified provider of engine, accessory and propeller maintenance, repair and overhaul services for C-130 and similar aircraft. Segers is headquartered in Fairhope, Alabama, and H.I.G. will partner with current management.
Sonoco and ENGIE North America entered a 15-year virtual power purchase agreement for an estimated 140 megawatts per year from ENGIE's Big Sampson wind project under construction in Crockett County, Texas. The output will be Sonoco's first renewable energy project and is subject to certain conditions.
Private credit funds are reportedly in talks to provide up to $2.5bn of financing for a sale of US metal packaging maker Trivium Packaging, which could be worth more than $3.5bn, according to Bloomberg sources.
Private credit funds are reportedly preparing up to $2.5 billion of financing for a possible sale of US packaging firm Trivium Packaging, which owners Ardagh Group and Ontario Teachers' Pension Plan are exploring.
BBP, a Louisiana automation solutions manufacturer, is building a new facility at its Baton Rouge headquarters with a $4.2 million investment. The project will create 75 direct jobs over 10 years and retain 51 positions.
SLB and ChampionX announced a definitive agreement for SLB to buy ChampionX in an all-stock transaction, with ChampionX shareholders receiving 0.735 SLB shares per share. The deal is expected to yield about $400 million in annual pre-tax synergies within three years.
US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.
US pump distributor Tencarva Machinery Company acquired Tri-State Coating & Machine, a Salt Rock, West Virginia provider of thermal coating services and parts to industry, in Q2 2024.
The Knoxville City Council approved Weiler's application to the Iowa Economic Development Authority High Quality Jobs Program for an expansion creating 171 full-time jobs with about $16.8 million investment.
Universal Compressed Air (UCA) was selected to design, build, operate and maintain a compressed air station for a large electric vehicle battery plant in the Southeast United States. The station will produce 50,000 to 80,000 scfm with an installed capacity of over 15,000 hp.
TAYLOR, a commercial and industrial contractor, was awarded the construction management contract for a multi-phase site improvement and facility expansion of Carolina Container in Hickory, North Carolina. Phase 2 adds a 65,000 sq ft production space, a 14,000 sq ft loading dock and 11,000 sq ft of WIP storage.
Becker Pumps Corp has completed the acquisition of Air-Vac Systems Inc, a vacuum pump and air compressor sales and service provider in El Cajon, California, to expand its repair and service network across the US and Canada.
Ingersoll Rand agreed to acquire ILC Dover from New Mountain Capital for an upfront cash price of about $2.325 billion plus an earnout. ILC makes single-use solutions and components for biopharma and medical devices.
Lake Charles Methanol has announced plans for a $3.24 billion low-carbon methanol plant in Calcasieu Parish, Louisiana, producing about 3.6 million tons per year, with 123 direct jobs. Commercial operations are estimated for late 2027, pending a final investment decision.