BlackHawk Industrial Supply acquired L.A. Tool & Supply Co., a wholesale distributor of cutting tools and accessories based in Akron, Ohio. The transaction closed on November 3, 2022.
Solvay Specialty Polymers, in a joint venture with Orbia, plans to build an $850 million plant in Augusta, Georgia to produce EV-battery grade binders and separator coatings. The facility is expected to be operational by 2026.
Solvay Specialty Polymers announced it will build a plant next to its existing Augusta factory to manufacture EV-grade binders and separator coatings, supported by a $178 million federal grant. The facility is expected to cost $356 million and create 100 manufacturing jobs.
Rockwell Automation won a contract for Hyundai Motor Co.'s planned $5.5 billion battery plant in the U.S.
Marubeni-Itochu Steel America Inc. (MISA) acquired Worthington Specialty Processing (WSP), a joint venture between Worthington Industries and United States Steel Corp., including its facility in Jackson, Michigan. The deal was all-cash for an undisclosed sum.
Werfen announced it has agreed to acquire Immucor, Inc. from TPG for approximately US$2 billion. Immucor is a privately held diagnostics company headquartered in Norcross, Georgia. The transaction is expected to close during the first half of 2023.
Bryce Corporation ordered two Universal X8 slitting machines from Universal Converting Equipment following a meeting at K 2022 in Dusseldorf. The order follows a recent installation of an automated slitting operation at Bryce's Searcy, Arkansas facility.
Americarb Inc. plans to invest $6 million and add 45 jobs at its Niagara Falls plant to purchase and install new machinery for manufacturing high-temperature composite materials for clean hydrogen and aerospace/defense applications.
Komatsu broke ground on a new 5,200 m² office and administration building at its manufacturing campus in Longview, Texas, as part of a $100 million project. The building will house up to 230 people and is targeted for completion in December 2023.
Re:Build Manufacturing acquired Answer Engineering, an aerospace engineering consulting firm based in Denver, Colorado, expanding its engineering and development capabilities in aviation and aerospace.
Ronald Mark Associates, Inc. will invest $13.5 million to establish a manufacturing operation in Tazewell County, Virginia, occupying the former Komatsu Mining Corp. facility in Bluefield. The project will create 29 new jobs.
Siemens Digital Industries Software has agreed to acquire Avery Design Systems, a verification IP supplier based in Tewksbury, Massachusetts. The acquisition is expected to close in the first quarter of fiscal year 2023.
SPIRAC will supply shaftless spiral conveyors for a $1.8 billion expansion project at a major sludge treatment facility in south Texas. The project will increase treated water capacity to 320 million gallons per day.
Solvay and Orbia announced a joint venture framework agreement to create the largest PVDF production facility for battery materials in North America. The total investment is estimated at around $850 million, partially funded by a $178 million grant from the U.S. Department of Energy.
Steel Dynamics announced a $2.5 billion investment in a new aluminum flat rolled mill and a biocarbon plant at the Infinity Megasite in Columbus, Mississippi, creating 1,000 jobs.
Steel Dynamics announced the selection of Columbus, Mississippi, as the location for its previously announced greenfield recycled aluminum flat rolled mill. The mill is expected to create 700 direct jobs and over 250 indirect jobs. Final site determination is subject to permits and government support.
Prism Worldwide, a clean technology company, acquired CRC Polymer Systems, a custom compounding company, on November 2, 2022. The acquisition increases Prism's capacity for product development, compounding, blending, and distribution in the US and North America.
Ferrero North America broke ground on a new $214.4 million Kinder Bueno production facility in Bloomington, Illinois. The facility will create 200 new jobs and marks the first time Kinder products will be made in North America.
Natera was awarded a nationwide contract by the U.S. Department of Veterans Affairs National Precision Oncology Program to provide minimal residual disease testing services using its Signatera test. The contract is effective September 15, 2022.
Solesis, an advanced biomaterials company, acquired Polyzen, a contract developer and manufacturer of medical-grade polymer components. Polyzen will operate as a subsidiary of Solesis.
Aurora Capital Partners acquired Universal Pure Holdings, the largest independent provider of high pressure processing services for food and pet food customers. Terms were not disclosed.
Culligan International and Waterlogic Group Holdings completed their combination, creating a leader in clean and sustainable drinking water solutions. The combined company operates under the Culligan name, headquartered in Rosemont, Illinois, with over 11,000 employees and annual revenues of about $2.4 billion.
The U.S. Department of Defense awarded GE Aviation a $1.08 billion five-year contract for repair, replacement and program support of 784 components for F414 engines powering F-18 Super Hornet fighter jets. Work will be completed by October 2027.
Teknor Apex expanded its partnership with Nexeo Plastics to make Nexeo a key distributor of Teknor Apex's full TPE portfolio in North America, effective January 1, 2023. The expanded agreement includes Sarlink TPVs, Monprene and Elexar TPEs in addition to the existing Medalist medical-grade TPEs.
Port Canaveral has signed an agreement with Liebherr Group to acquire a Liebherr LMH 600 mobile harbor crane for $7.4 million. The crane is expected to arrive in December 2023.
CS Wind has signed a contract with Vestas American Wind Technology to supply wind towers worth 68.6 billion KRW (approx. $68.6 million). The contract runs until April 14, 2023.
HEXPOL has signed an agreement to acquire 100% of McCann Plastics LLC, a US specialist in thermoplastic compounding, for $120 million on a cash and debt free basis. The acquisition is expected to close in Q4 2022.
Edwards Vacuum, a British-based semiconductor supply chain manufacturer, will build a $319 million, 240,000-square-foot dry pump manufacturing facility at the STAMP Science & Technology Advanced Manufacturing Park in Genesee County, New York. The project is expected to create 600 jobs.
Qorvo and SK Siltron CSS finalized a multi-year supply agreement for silicon carbide bare and epitaxial wafers, announced on November 2, 2022. The deal supports domestic semiconductor supply chain resilience and demand for SiC solutions in the automotive market.
AMP Robotics raised $91 million in Series C financing led by Congruent Ventures and Wellington Management to scale its AI and robotics for waste and recycling. The funding will enhance manufacturing capacity and support international expansion.
Signode relocated its Automation and Packaging Technologies division to a 360,000 square-foot facility in Roselle, Illinois, featuring a customer experience center and expanded manufacturing capabilities. The facility opened on November 2, 2022.
Applied Industrial Technologies acquired Automation, Inc., a provider of automation products and engineered solutions, on November 2, 2022. Terms were not disclosed.
Virgin Galactic has reached agreements with Bell Textron Inc. and Qarbon Aerospace to manufacture key subassemblies for its new Delta class spaceships. Bell will supply the feathering system and flight control surfaces, while Qarbon will produce the fuselage and wing. Production is slated to begin in 2023.
McCarthy Building Cos. has been awarded a $70 million contract by the City of Lawrence, Kansas, to improve the Kansas River Wastewater Treatment Plant. The project will be delivered using the Construction Manager at Risk method and is expected to be completed in 2026.
American Canning signed a supply agreement with Ball Corp. as an official distributor of blank and printed aluminum beverage cans, giving it steadier supply and lower minimum order quantities for printed cans. The agreement was announced on November 2, 2022.
Austin, Texas-based American Canning signed a supply agreement with Ball Corp as an official distributor of blank and printed brite cans. The deal lowers the printed can minimum order to one truckload per SKU.
Marotta Controls has upgraded its motor operated pilot valve used in aqueous film-forming foam systems on naval surface ships. The valve now has a 250 PSI pressure rating, meets current Navy requirements and is in production.
Edwards, part of Atlas Copco, is building a new dry vacuum pump factory for semiconductor manufacturers in Genesee County, New York. Phase one is a $127 million project; the total over seven years is $319 million, creating about 600 jobs.
CertainTeed Roofing broke ground on a new glass mat plant in Oxford, North Carolina, with a total investment of $167 million. Voith will supply the production machine and automation solutions. The plant is scheduled to go into operation in 2024.
Chevron Phillips Chemical and QatarEnergy reached a final investment decision to build an $8.5 billion polymers facility in Orange, Texas, expected to be operational in 2026. The plant will produce polyethylene for goods such as coolers, pipes, and packaging.
In November 2022, Krones acquired a majority stake in R+D Custom Automation, a full-service system integrator and specialty equipment manufacturer for the life sciences, medical and pharmaceutical industry. The terms were not disclosed.
Fairchild Industries acquired Fairchild Auto-Mated Parts, a provider of CNC screw machined parts and mechanical contract assembly services based in Winsted, Connecticut. Terms were not disclosed.
Maxar Technologies acquired Wovenware, Inc. on November 1, 2022 for $24 million, with a portion contingent on operating metrics paid over five years. Wovenware will operate as a wholly owned subsidiary, with co-founders continuing to oversee operations.
Bright Machines raised $132 million in debt and Series B equity funding, with $100 million equity led by Eclipse Ventures and $32 million debt led by Silicon Valley Bank and Hercules Capital. The funds will accelerate growth and expansion into new verticals.
Celanese Corp. completed the $11 billion acquisition of DuPont's Mobility & Materials business on November 1, 2022, acquiring engineered thermoplastics and elastomers, brands, and global production assets. Celanese also divested its TPC business as required by EU regulators.
The Toro Company announced plans to expand its Ditch Witch manufacturing facility in Perry, Oklahoma, adding 200,000 square feet and up to 100 new jobs. The expansion was announced on November 1, 2022.
Quanex Building Products Corporation acquired substantially all assets of LMI Custom Mixing, LLC for $92 million on November 1, 2022. LMI is a custom polymer mixer producing rubber compounds for diversified industrial end markets.
Marubeni-Itochu Steel Inc. (MISI), through its North American subsidiary MISA, completed the acquisition of Worthington Specialty Processing's remaining facility in Jackson, Michigan, on November 1, 2022. The facility will be renamed MISA Specialty Processing, Inc.
Perrigo will immediately invest $60 million to expand the Gateway plant's production capacity by 7 million pounds per year, adding a total of 36 million pounds of capacity within 18 months. The expansion was announced on November 1, 2022.
Perrigo Company plc purchased Nestlé's Gateway infant formula plant in Eau Claire, Wisconsin, along with U.S. and Canadian rights to the Good Start brand, as part of a $170 million strategic investment announced on November 1, 2022.