Biery Cheese Company plans to invest in additional equipment and advanced automation at its Louisville, Ohio manufacturing facility, creating 51 new jobs and retaining 449 jobs. The Ohio Department of Development approved tax credit assistance for the project.
Concurrent with the plant sale, Memscap and Science Corporation entered into a strategic supply agreement for the manufacturing and supply of chips and wafers for Memscap's VOA business, with a minimum three-year term.
Memscap sold its North Carolina manufacturing plant and certain assets to Science Corporation for $3 million. The deal includes the plant lease, tools, equipment, and foundry customers, but excludes Memscap's VOA products and IP.
First Mode and Anglo American have signed a binding agreement to combine First Mode with Anglo American's nuGen zero emission haulage solution. The transaction includes a $200 million equity injection from Anglo American and values the combined business at about $1.5 billion.
E-Z Treat will invest $3.5 million to build a new 30,000-square-foot facility next to its existing site in Catlett, Virginia, increasing capacity and creating 16 new jobs.
Dakota Supply Group (DSG) opened a new facility in Otsego, Minnesota, replacing its previous Monticello location.
MTech Systems, a Munters company, has won an order worth USD 4.3 million to deliver its Amino SaaS platform to one of North America's largest chicken producers. The project will start in Q2 2023 and be completed by Q2 2024.
Autokiniton, a manufacturer of automotive structural metal components, will invest $15 million to expand its Bellevue, Ohio facility, creating 150 jobs and retaining 290. Production is expected to launch in October 2023, driven by customer contracts transitioning from ICE to EV production.
Mission Ready Solutions, through its subsidiary Unifire, received a one-year extension of its IDIQ contract with the US Defense Logistics Agency for COTS Shelter Systems, with a ceiling of USD $200 million. The extension covers the first option period from December 3, 2022 to December 2, 2023.
Ferrero Group has agreed to acquire Wells Enterprises, its operations and ice cream brands including Blue Bunny, Bomb Pop and Halo Top. Wells will remain a stand-alone business with offices in Le Mars, Iowa and production operations in three US locations.
Axis Automation is expanding its facility in Walker, Michigan, with a capital investment of up to $5.7 million, creating up to 50 high-tech jobs. The project is supported by a $500,000 Jobs Ready Michigan Program grant.
Kaivac Inc. has purchased Ohio-based plastics manufacturer Eger Products for an undisclosed sum. The deal includes Eger Products' manufacturing facility, and Eger Products will now operate as Expert Roto Molding, a division of Kaivac.
Axium Packaging has acquired 83 acres in New Albany, Ohio to secure space for future expansions, adding to the $400 million it has invested in local facilities.
Axium Packaging is investing $45 million to construct a new facility called Vertix in New Albany, Ohio, which will also house a new product line for recycled plastic packaging.
Baker Hughes' Masoneilan valves unit won a contract to supply 21000 and 41000 globe control valves for the Advanced Clean Energy Storage hydrogen project in Delta, Utah, which supports an 840 MW hydrogen-blend gas turbine plant. The project is being built by Mitsubishi Power Americas and Magnum Development.
A-Gas is completing construction of new refrigerant separation towers at its Rhome, Texas plant, expanding its capacity to reclaim refrigerants.
Finisar, owned by II-VI, proposed a $3 billion expansion on its current 76-acre site in Sherman, Texas, for a new semiconductor wafer fabrication facility, expected to create a minimum of 700 jobs (potentially up to 4,000). Construction is expected to start in 2025 and operation in 2028. Sherman ISD approved an $80 million cap on tax valuation for 10 years.
Taiwan Semiconductor Manufacturing Co. has started construction on a second semiconductor fab in Phoenix, Arizona. Combined with the first fab, the total investment is $40 billion. The second fab will use 3-nm process technology and is expected to begin production in 2026.
TTM Technologies and Raytheon Missiles & Defense have reached a multi-year agreement for TTM to provide radio frequency assemblies, electronic hardware, and printed circuit boards for the SPY-6 family of radars. The agreement has the potential to reach $500 million over five years.
Texas Instruments' LFAB in Lehi, Utah, has started production for analog and embedded products, about one year after purchase. Total investment will be about $3-4 billion.
AESC Group announced an $810 million investment to build a 30 GWh gigafactory in Florence County, South Carolina. The plant will create 1,170 jobs and supply next-generation batteries for BMW Group's electric vehicles.
Pulmuone announced the completion of an $8.4 million wastewater treatment plant at its Fullerton, California production facility. The plant removes up to 85% of pollutants and purifies over 3.5 million gallons of water annually.
D&W Fine Pack announced a multimillion-dollar investment in new extrusion technology at its Fort Wayne, Indiana manufacturing facility. The technology, debuting in January 2023, enables production of food packaging from 100% post-consumer recycled PET.
TSMC announced it will more than triple its planned investment at its new Arizona semiconductor plant to $40 billion, adding a second fab for 3nm process technology. The expansion will create 10,000 high-tech jobs and produce over 600,000 wafers per year.
Ecolab opened a new pharmaceutical ingredients manufacturing plant in King of Prussia, Pennsylvania, for its Purolite subsidiary. The plant, which cost $40 million, will employ 75 people when fully staffed and initially produce resin beads for cholesterol treatment.
ExxonMobil announced the successful startup of a new polypropylene production unit at its Polyolefins Plant in Baton Rouge, Louisiana, increasing capacity by 450,000 metric tons per year with a total capital investment of more than $500 million.
Hexagon Agility received a new order for TITAN 53 Mobile Pipeline modules from REV LNG, valued at approximately USD 16.2 million, to transport and deliver renewable natural gas from multiple sites within the US.
H2O Innovation's Water Technologies & Services business line was awarded two water treatment projects: a seven-train UF system for the City of Grants Pass, Oregon, and a UF-RO system expansion for the City of Sherman, Texas, with a total value of $8.88 million USD.
Amcor agreed to a five-year deal to purchase recycled polyethylene from ExxonMobil, with volumes increasing to about 220 million pounds per year by the end of the period. The resin is produced at ExxonMobil's Baytown, Texas facility using Exxtend technology.
System Logistics – Vertique announced plans to invest $8 million in its Asheville, North Carolina operations, adding a 75,000 SF manufacturing building and 37 new jobs.
UFP Packaging, an affiliate of UFP Industries, acquired Titan Corrugated, a corrugated packaging manufacturer, and its affiliate All Boxed Up, a corrugated box distributor. The combined companies had trailing 12-month sales of about $46.5 million, and Titan operates an automated facility in Flower Mound, Texas.
Michigan Automotive Compressor Inc. plans to spend $82 million to retain 241 jobs by installing production lines for electric vehicle parts at its Parma-area factory west of Jackson, Michigan. Production of the new parts is expected to begin in December 2024.
The US Army selected Bell Textron's V-280 Valor as its next-generation assault aircraft, with production at Bell's Military Aircraft Assembly & Delivery Center in Amarillo, Texas. The contract could eventually be worth over $70 billion.
Sierra Space announced a contract with Maxar to provide solar power solutions for a constellation of 14 proliferated LEO satellites. The arrays are in production in Louisville, Colorado.
SIMETRI signed an exclusive product distribution contract with Laerdal Medical Corp., making Laerdal the exclusive North American distributor of nearly 40 SIMETRI medical simulation training devices and simulated wounds.
Sierra Space won a space defense contract with Maxar to provide solar power solutions and production capability for a constellation of 16 proliferated LEO satellites.
Eissmann Automotive is investing $3.4 million in new advanced manufacturing equipment for a new production line at its Pell City facility, and expects to hire 79 additional employees.
Bell Textron Inc. was awarded a development contract by the U.S. Army for the Future Long-Range Assault Aircraft (FLRAA) program, based on the Bell V-280 Valor tiltrotor.
Shurtape Technologies, LLC acquired Pro Tapes & Specialties, Inc., a tape manufacturer and converter. Pro Tapes will become a subsidiary of Shurtape and continue operating its facility in North Brunswick, N.J.
Ekso Bionics acquired the Human Motion and Control Business Unit from Parker Hannifin Corporation, including the Indego exoskeleton product line. The acquisition expands Ekso's product offering into home use and adds Vanderbilt University as a partner.
Gulfstream Aerospace is building a $55 million state-of-the-art aircraft paint hangar at Appleton International Airport, expected to create 200 jobs. The 73,000-square-foot facility will paint about 48 aircraft per year and is on schedule to open in 2023.
Becker Robotic Equipment will build a new manufacturing facility to house its North American headquarters in Canton, Georgia, with more than $30 million investment and 137 new jobs.
Bell Boeing Joint Project Office was awarded a $75,015,996 contract modification to procure 12 Nacelle improvement kits, rotable pool components, and interim spares, and to install 29 kits on CV-22 fleet aircraft. Work will be performed in Amarillo and Fort Worth, Texas, and Ridley Park, Pennsylvania, with completion expected in June 2025.
Purolite, an Ecolab company, opened a new 74,000-square-foot pharmaceutical manufacturing facility in King of Prussia, Pennsylvania, to produce ion exchange resins and APIs. The plant is expected to create 75 new jobs and increase API production by 67%.
Saica Group has begun operations at a new plant in Hamilton, Ohio, producing corrugated board and packaging. It is the company's first manufacturing site in the US and its tenth country of operation.
Kordsa launched a $20 million investment to double tire cord fabric capacity at its Chattanooga plant, adding 18 ktpa to reach 34 ktpa total.
Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, will spend $275 million to expand its battery cell assembly plant in Spring Hill, Tennessee, adding 400 jobs and increasing capacity from 35 to 50 GWh.
Pratt & Whitney, a Raytheon Technologies business, won a $115 million contract for the F135 engine core upgrade, supporting preliminary development activities through 2023.
Lincoln Electric Holdings signed a definitive agreement to acquire Fori Automation, a supplier of automated industrial assembly systems, for $427 million.
Sunroc, a subsidiary of Clyde Companies, finalized the asset acquisition of J.K. Merrill & Sons, an aggregates supplier in Eastern Idaho. J.K. Merrill will rebrand under the Depatco name.