Dead River Co. acquired the full-service propane and heating oil delivery and HVAC business of Charlie Burnham Energy & Heating Service in Freeport, Maine. The transaction closed on October 12, 2022.
Schneider Electric's new 160,000-sq-ft manufacturing plant in El Paso, Texas, is projected to be operational by the end of 2022 and will employ about 400 workers. The announcement was made on October 22, 2022.
Schneider Electric announced a $46 million investment in its Lexington, Kentucky, and Lincoln, Nebraska, manufacturing plants to increase circuit breaker and electrical product output. The announcement was made on October 22, 2022.
Bast Fibre Technologies Inc. (BFT) closed a strategic financing with Ahlström Capital of Finland to expand fiber manufacturing capacity at its facilities in Lumberton, North Carolina, and near Düsseldorf, Germany. The investment aims to increase production to over 10,000 metric tons of sero hemp fiber per year by 2023 and up to 50,000 metric tons per year by 2026.
Hitachi Energy plans to invest over $37 million to expand its power transformer factory in South Boston, Virginia, adding 2,415 m² of production space and automated equipment to meet demand from utilities and renewable energy markets.
Bocar Group opened a new plant in Huntsville, Alabama, its first in the U.S., with a $176 million investment in land and construction, 323,000 sq ft of production space and 420 employees expected by end of 2022.
Sebia, a global specialty diagnostic company, acquired Zeus Scientific, an IVD company based in New Jersey specializing in autoimmune and infectious disease technologies. Financial terms were undisclosed.
The Boeing Co. was awarded an $84.5 million contract modification to provide depot-level maintenance and repair for P-8A Poseidon CFM56 engines. Work will be performed in Atlanta, Georgia and Seattle, Washington, and is expected to be completed by October 2023.
AAR Government Services Inc. was awarded a $114.5 million contract modification to provide depot maintenance and repair for the US Navy's P-8A Poseidon aircraft. Work will be performed in Indianapolis, Indiana, and is expected to be completed by October 2023.
John Deere will spend $29.8 million to expand its Thibodaux, Louisiana plant, creating 70 jobs, to shift cotton harvester manufacturing from China to the U.S.
Unical Aviation Inc. acquired CAVU Component Repair LLC, an FAA-approved repair station in Mesa, Arizona, from CAVU Aerospace. Financial terms were not disclosed.
DirectMed Parts & Service, a medical imaging parts and service company, acquired ScanMed, an MRI coil design, manufacture, and repair company. Terms were not disclosed.
Provisur Technologies will relocate its Separation Business from Centennial, Colorado to its Whitewater, Wisconsin facility over the next 6 months, following a $12M investment in machining and infrastructural upgrades.
OROS was selected by the U.S. Army Combat Capabilities Development Command Soldier Center to develop next-generation aerogel textiles for extreme cold weather apparel and tactical shelters, in collaboration with Kostas Research Institute.
SINTX Technologies received a production order for silicon nitride components for a commercial jet application from a global aerospace manufacturer. The order follows a qualification period and will be produced at SINTX's Salt Lake City facility.
Protect the Force Inc., Mission Ready's innovation division, was awarded an Other Transaction for Prototype Agreement by the US Army to develop a hardened arm protective yoke (HARPY) for next-generation body armor.
Preformed Line Products Co. announced a $16 million expansion of its Rogers, Arkansas manufacturing plant, adding 82,000 square feet for plastic injection molding and warehouse space.
Perryman Company placed an order with SMS group for two new forging machines: a 40/45 MN high-speed open-die forging press and an SMX 500/15 MN hydraulic radial forging machine, including a fully integrated process and production control system. The investment will expand Perryman's titanium forging capabilities for aerospace and medical applications.
Protect the Force Inc., Mission Ready's innovation division, was awarded an Other Transaction for Prototype Agreement by the US Army to develop hardened arm protective yoke (HARPY) prototypes for next-generation body armor.
Cameco and Brookfield Renewable Partners will acquire Westinghouse Electric, a nuclear power plant equipment maker, for $7.9 billion.
Atlas Holdings completed the acquisition of Crown Paper Group, including Port Townsend Paper Corporation and Crown Corrugated Company, an integrated mill and containerboard operation in Washington and Western Canada. Terms were not disclosed.
Infineum has agreed to acquire Entegris' Pipeline and Industrial Materials business, which includes the Flowchem, Val-Tex and Sealweld brands and drag reducing agents, with closing expected in Q4 2022 subject to regulatory approvals.
Port Houston ordered 26 hybrid rubber-tired gantry cranes from Konecranes Inc. for $65.2 million and three dockside electric container cranes from Shanghai Zhenhua Heavy Industries Co. for $40.9 million. The cranes are for the Barbours Cut and Bayport Container terminals.
Evonik entered into a long-term supply agreement with Phathom Pharmaceuticals to produce commercial quantities of the drug substance vonoprazan at its sites in Tippecanoe, Indiana, USA and Dossenheim, Germany. The agreement was announced on October 10, 2022.
Stepan has acquired the surfactants business of PerformanX Specialty Chemicals. The deal was completed in the third quarter of 2022.
Hallstar has acquired Lanxess's plastic additives feedstock plant in North Carolina. The deal was completed in the third quarter of 2022.
Airxcel broke ground on a 125,000-square-foot expansion of its Maxxair and Coleman-Mach facility in Wichita, Kansas, to centralize RV air conditioner production and warehousing. Phase 2 office expansion is set to begin in 2023.
Flowserve has been awarded a contract to supply vertical turbine pumps to McMillen Jacobs Associates for the West Kauai Energy Project, a renewable energy and irrigation project on Kauai, Hawaii.
Novelis has started construction of a $2.5bn aluminium recycling and rolling facility in Bay Minette, Alabama, which is scheduled for commissioning in mid-2025 and will initially process 600,000t of finished aluminium a year. The company expects to create up to 1,000 jobs.
Fluid Controls and Components has been awarded a $4.6 million contract from Bechtel to design and fabricate cryogenic and pressure relief valves for Mobile Launcher 2 in NASA's Artemis program.
Richland-based Fluid Controls and Components is supplying 108,000 pounds of frit for nonradioactive commissioning of the Low Activity Waste Facility in Eastern Washington.
BMW Manufacturing opened a new 60,000-square-foot Vehicle Accessories Center in Greer, South Carolina, on November 14, 2022. The $25 million facility will factory-install accessories for BMW Sports Activity vehicles and create about 60 jobs.
PCX Aerostructures, LLC entered into a definitive agreement to acquire Timken Aerospace Drive Systems, LLC from The Timken Company. The deal is expected to close in Q4 2022.
NioCorp Developments Ltd. and GX Acquisition Corp. II have entered into a definitive agreement for a proposed business combination, with executives discussing the merger in a video released on October 7, 2022.
Newterra Inc. acquired H2O Engineering Inc., a California-based supplier of tailored water treatment solutions, to expand its reach into controlled environment agriculture, light industrial, remediation and beverage sectors.
GE has secured an order from Kindle Energy to provide H-Class power generation equipment, including a 7HA.03 gas turbine, for the 725 MW Magnolia Power Plant in Plaquemine, Louisiana. The plant is expected to begin operation in 2025.
MasTec has completed the previously announced acquisition of Infrastructure and Energy Alternatives, Inc. (IEA), a utility-scale renewable energy infrastructure solutions provider, following stockholder approval on October 7, 2022.
Summit Hydraulics, backed by North Branch Capital, merged with Access Truck Parts, a supplier of water distribution equipment, to create a leader in mobile equipment aftermarket parts.
Aurora Plastics has merged with Enviroplas, an engineering compounding business, to launch an engineered polymers business segment. Enviroplas management will remain in place.
WestRock will permanently close its corrugated medium operations at its St. Paul, Minnesota facility in the United States.
Aurora Material Solutions announced its merger with Enviroplas, an engineering compounding business, to expand its polymer compounds product offering.
Toray Composite Materials America announced a $15 million investment to double production capacity of TORAYCA T1100 carbon fiber at its Decatur, Alabama plant, with upgrade starting April 2023 and completing by September 2023.
CSL Seqirus was selected by BARDA to manufacture and clinically assess an H5N8 A/Astrakhan virus vaccine candidate, with a Phase 2 clinical study anticipated to begin in Q2 2023.
Evco Plastics broke ground on two additions to its manufacturing campus in Oshkosh, Wisconsin, totaling $11 million, including a 106,957-square-foot west-end facility and a 10,516-square-foot north-end addition.
Phantom Auto acquired Voysys AB to bolster its video streaming capabilities for remote operation of logistics vehicles.
Pritzker Private Capital announced a partnership to invest in Kenco Logistics, a family-owned third-party logistics provider, to support its growth strategy.
KULR Technology Group launched KULR VIBE, an AI-driven vibration reduction service for aviation, industrial motors, and wind energy farms.
KULR Technology Group acquired VibeTech, a company specializing in vibration reduction technology, to enhance its energy management platform.
Nexans signed a firm contract to supply and install offshore wind export cables for the Empire Wind 1 project, a 50-50 partnership between Equinor and BP, off the coast of New York. The contract was announced on 2022-10-06.
Sypris Electronics entered into an amendment to an existing multi-year supply agreement to produce electronic power logic assemblies for a U.S. Navy electronic warfare program, increasing the contract value to up to $77 million. Shipments are scheduled to begin in 2023.