Platinum Equity announced a definitive merger agreement to acquire HarbisonWalker International, a North American supplier of refractory products. The transaction is expected to close in the first half of 2023.
Lear Corp. is planning a new 120,000-square-foot EV facility in Independence Township, Michigan, to supply battery disconnect units for General Motors. The $112.5 million investment is supported by a $4.5 million grant, and could create up to 500 new jobs across the new plant and expansions in Traverse City and Macomb County.
Medical equipment manufacturer Expand Tech Group plans a $38.7 million expansion of its manufacturing facility in Walker, Michigan.
Moving Water Industries (MWI) plans to double its manufacturing capacity over the next five years at its Deerfield Beach, Florida factory to meet rising demand for stormwater pumps driven by sea level rise and flood risks.
Henkel celebrated the completion of a 10,000-square-foot expansion at its Salisbury, North Carolina facility, adding a new production area for UV-curable acrylic pressure sensitive adhesives.
FADEC Alliance, a joint venture of GE, BAE Systems, and Safran, will design the electronic control system architecture for CFM International's RISE demonstrator engine program. The program aims to mature technologies for a next-generation engine targeted for the mid-2030s.
Nelipak Healthcare Packaging will initially invest at least $11.8 million to establish a flexible healthcare packaging production site in Winston-Salem, Forsyth County, North Carolina, creating at least 36 jobs.
Independence Construction, part of DiGeronimo Companies, acquired Atlanta-based Winter Construction and Winter Environmental. The acquisition expands DiGeronimo's presence in the Southeast US construction and development market.
Felix Schoeller Group plans to invest over $100 million to expand capacity in North America by 2025. Steps include installing a new silicone coater in Pulaski, New York in mid-2023, expanding paper machine capacity in Drummondville, Canada to over 40,000 tons per year by Q4 2023, and building a second paper machine for up to 50,000 tons of capacity.
Alta Equipment Group agreed to acquire Ecoverse Industries Ltd., a distributor of environmental processing equipment. The transaction is expected to close before the end of 2022, with Ecoverse keeping its brand and management intact.
Boom Supersonic unveiled its new engine called 'Symphony' for its supersonic passenger jets. The engine is being developed with partners including GE Additive and Standard Aero, and is expected to reduce costs by 10%.
Michael Byrne Manufacturing plans to construct a 10,000-square-foot new building at its site near Mansfield Lahm Regional Airport in Ohio, with a $1.5 million investment. The expansion will create seven additional jobs over three years.
SHL Medical has secured financial support from a consortium of investors including EQT Future and ATHOS to execute its 2030 growth strategy, which includes adding production capacity in the U.S. and Europe. The company previously announced plans to invest $90 million in a new manufacturing plant in South Carolina, due to start operations in 2024.
Spee-Dee Packaging Machinery expanded its Test Lab in Sturtevant, Wisconsin, adding 3,000 square feet with five test bays and new equipment to replicate plant conditions for customer testing.
INEOS Olefins and Polymers USA entered into a renewable power purchase agreement with NextEra Energy Resources to enable construction of the 310 MW INEOS Hickerson solar farm in Bosque County, Texas. The output will cover the net electricity load of all 14 INEOS O&P USA facilities.
Yuancheng plans to acquire a 51% stake in Simi Electronics, a US-owned semiconductor wet bath cleaning equipment manufacturer, for RMB 113 million (approx. $16 million).
Surteco Group SE, via its subsidiary Surteco North America Inc., signed an agreement to acquire the 'Laminates and performance films and coated fabrics' business from Synthomer plc's subsidiary Omnova Solutions Inc. for $255 million. The business employs about 880 people in the USA and Thailand.
General Machine and Tool Company will invest $3.7 million to expand manufacturing at its headquarters in Elizabethton, Tennessee, creating 25 new jobs in Carter County. The expansion follows its acquisition by Cinco Research Corporation in February 2022.
Seaway Plastics Engineering, a provider of injection-molded components, acquired MME Group, a contract manufacturer based in Minnesota specializing in injection molding for medical devices. The acquisition expands Seaway's geographic and product footprint.
Oliver Inc. expanded its Tulsa operations by acquiring an adjacent building, increasing total square footage from 28,000 to 61,000 square feet, and investing in new equipment. The expansion is expected to create up to 25 new jobs and production started in late November 2022.
Milton Industries announced its acquisition of ProMAXX Tool, a provider of specialty hand tools for automotive and truck brands.
SpinTech USA, a subsidiary of YanJan USA, has installed its first SpinForm nonwovens line in Statesville, North Carolina. The line has a capacity of 6,000 metric tons and is scheduled for startup in the second quarter of 2023, initially targeting baby and personal care wet wipes.
Osmundson Manufacturing plans a $12.5 million investment to build a 150,000 sq. ft. facility in Mayfield, Kentucky, creating 80 jobs. The plant will produce 20-inch and larger disc blades for agriculture and construction industries. Construction is scheduled to begin in 2023 and be completed by 2025.
Electrical Components International (ECI) acquired Britech Inc, a specialty manufacturer of wire harnesses, cable assemblies, and box builds serving the semiconductor and HVAC markets.
Nordic Flanges AB received a record order valued at more than SEK 14.3 million for stainless steel flanges, to be delivered to a distributor of pipes and fittings for the onshore oil and gas industry in Texas.
Miner Ltd, the dock and door division of OnPoint Group, acquired Able Rolling Steel Door Inc, a provider of overhead and specialty doors and loading dock equipment serving the New York City metropolitan area.
ATS Global acquired the Industrial Tech division of Feyen Zylstra, including its Industrial Tech Center in Walker, Michigan and North Carolina office, with the transition effective January 1, 2023. The deal allows Feyen Zylstra to focus on its core electrical solutions business.
Tank Holding Corp. has acquired Solar Plastics LLC from ATEK Companies Inc. at the end of November 2022. The acquisition was announced on December 9, 2022.
Milliken & Company announced a $27.4 million expansion of its Magnolia Finishing Plant in Blacksburg, South Carolina, adding new production lines and creating 75 new jobs. The facility specializes in workwear, military and flame-resistant apparel.
Machine Solutions Inc. has acquired Intec Automation Inc., based in Rochester, New Hampshire. Intec will become the cornerstone of Machine Solutions' new automation division, serving the medical device and life sciences industries.
LogistiQ, a division of LEWCO Inc., held a ribbon-cutting ceremony for its new 750,000-square-foot manufacturing facility in Port Clinton, Ohio, with a $15 million investment in automated equipment.
Gregory Industries held a groundbreaking ceremony for a new G-STRUT manufacturing facility in Athens, Alabama. The first phase includes a 90,000-square-foot manufacturing space and warehouse, representing a $30 million investment and creating 100 jobs.
Aerojet Rocketdyne was awarded a $98.5 million contract by the Naval Aviation Systems Consortium to develop and manufacture solid rocket motors and sleds for the Joint Economical Sled Track Rockets (JESTR) program, supporting the Air Force and Navy.
Solvay and EFC Gases & Advanced Materials agreed to an exclusive distribution partnership for Solvay's cleaning gas products, including Solvaclean, to North American semiconductor manufacturers and suppliers.
Avgol announced a significant investment in a new high-speed, high-capacity Reicofil 5 (RF5) production line at its Mocksville, N.C. facility. The investment includes meltblown capacity and lamination capabilities to serve hygiene and medical markets.
Commercial Metals Company (CMC) selected Berkeley County, West Virginia, as the site for its fourth micro mill (MM4). The $450 million project will have an annual capacity of 500,000 tons and employ approximately 230 people, with operations scheduled to begin in late 2025.
H2O Processing, a subsidiary of UAT Group, was contracted by Bellows Operating Salt Water Discharge to treat iron-contaminated crude oil. The contract covers a minimum of 1,000 barrels per day, with potential annual revenue of up to $15 million.
Axis Automation plans to invest nearly $6 million to expand its operations in West Michigan.
HEXPOL has acquired 100% of the shares in Star Thermoplastic Alloys and Rubbers, Inc., a TPE compounder near Chicago, Illinois, for $26.5 million on a cash and debt free basis. The acquisition establishes HEXPOL's presence on the American TPE market.
TransWest Express LLC selected Siemens Energy Inc. as preferred supplier of high-voltage direct current (HVDC) transmission technology for the $3 billion TransWest Express project, which will connect grids in Wyoming and Utah to California.
Osmundson Mfg. Co. will locate a new facility in Graves County, Kentucky, with a $12.5 million investment, creating 80 jobs. The 150,000-square-foot facility will produce disc blades for agriculture and construction industries.
Avgol announced a significant investment in a new high-speed, high-capacity flexible multiple beam production line at its facility in Mocksville, USA. The investment includes Reicofil 5 technology, meltblown capacity, and lamination capabilities.
KION North America announced plans to expand operations in Dorchester County, South Carolina, with an estimated $40 million investment creating approximately 450 new jobs.
The Stephens Group acquired Quality Valve, an OEM replacement parts provider, from seller Pfingsten. The article gives no deal value.
Nephron Nitrile, an offshoot of Nephron Pharmaceuticals, opened a medical glove plant in West Columbia, South Carolina, with one manufacturing line operational and plans for 14 lines producing 2.1 billion gloves per year, employing 250 workers.
Laird Connectivity acquired California-based Boundary Devices, a designer and manufacturer of System-on-Modules and Single Board Computers. The acquisition expands Laird Connectivity's SOM portfolio for IoT, industrial automation, and other markets.
STIWA US, Inc. announced a $30 million investment to expand and relocate its North American headquarters to Rock Hill, York County, South Carolina. The new facility will create 48 new jobs over five years, with relocation expected by September 2024.
Atlas Roofing Corporation announced a $200 million investment to build a new asphalt shingle manufacturing facility in the Midwestern US. Construction is expected to begin in early 2023, with product shipments expected in Q4 2025, creating over 200 new jobs.
The Jor-Mac Company, Inc., a contract manufacturer of engineered metal fabrications, was acquired by The Mendota Group, a private equity firm. Jor-Mac is based in Lomira, Wisconsin.
Anglo American signed a binding agreement to combine its nuGen effort with First Mode, valuing the combined business at about $1.5 billion. Anglo American will inject $200 million and become majority shareholder. The transaction is expected to close in January 2023.