SiFive has been selected by NASA to provide the core CPU for NASA's next-generation High-Performance Spaceflight Computing (HPSC) processor, using the SiFive Intelligence X280 RISC-V vector core.
Alro Steel has entered into an agreement to acquire certain assets of Access Metals, a Maryland-based metals service center. The transaction is expected to close on Sept. 30, 2022.
Chase Corporation completed the acquisition of NuCera Solutions from SK Capital for $250 million on September 1, 2022, expanding its specialty polymers portfolio.
Sypris Technologies received an award to supply specialty high-pressure closures for the Permian Highway Pipeline Expansion Project, with shipments expected by year-end 2022.
Munch's Supply, the HVAC division of Marcone, acquired Total Air Supply and Spiral Air Manufacturing, including three branches in New Hampshire.
Morrison Products broke ground on a 24,000 square foot expansion to its Mesquite, Texas facility, adding capacity to key production lines.
Biwater USA fulfilled the design, supply, installation and commissioning of ultra-filtration and reverse osmosis systems for a desalination plant in Pico Rivera, California, supplying 14.8 million gallons of clean drinking water daily to 160,000 people.
SiFive announced it is providing the core CPU for NASA's High-Performance Spaceflight Computing (HPSC) processor, which will use multiple SiFive Intelligence X280 RISC-V vector cores to deliver 100x the computational capability of current space computers.
Univar Solutions has been named the exclusive distributor for BASF's Pure Methyl Formate in the United States and Canada, effective October 1, 2022.
The Arcticom Group acquired Market Equipment LLC, a commercial refrigeration and HVAC provider serving the Mountain West. Financial terms were not disclosed. Market Equipment was founded in 1964 and covers Montana, Idaho, Oregon, Washington, and Utah.
Steel Dynamics Inc. will build and operate a 650,000-metric-ton aluminum flat-rolled mill with two satellite recycled aluminum slab centers. The company will own over 94% of the mill through a joint venture with Unity Aluminum.
BD will invest $25-30 million to build a new medical device processing facility at Four Oaks Business Park in Johnston County, North Carolina. The 30,000 sq ft facility will employ 22 people initially, with construction starting in 2023 and operations by late 2024.
Hitachi acquired Flexware Innovation, a manufacturing systems integrator based in the United States, to strengthen its Industry 4.0 offerings in North America. The acquisition closed on August 31, 2022.
T/CCI Manufacturing will convert a 200,000-square-foot former Borg-Warner factory in Decatur, Illinois into a center making cooling devices for electric vehicles, with more than $20 million of investment and 50 added jobs. The company will also set up a climate innovation center with Richland Community College.
The Georgia Ports Authority has ordered 12 Konecranes RTGs for the Port of Savannah, Georgia. The cranes will be delivered by the end of 2024, bringing the total RTG fleet to 234.
Douglas Manufacturing will invest more than $2 million over two years to expand its Pell City, Alabama plant by 15,000 sq ft and add new CNC equipment and automation, creating over 20 new jobs.
ExxonMobil's $2 billion expansion at its Baytown, Texas site, including a 400 ktpa Vistamaxx polyolefin elastomers unit and a world-scale linear alpha olefins unit, is now expected to start up in 2023, delayed from 2022.
SCG Packaging acquired a 90.1% stake in Jordan Trading Inc., a New York recovered paper trader, for US$1.98 million through a Thai subsidiary, adding about 100,000 tons per year of sourcing capacity. The company also partners with Peute, the Netherlands' largest packaging material recycler.
Parker Hannifin is investing to expand its Gas Turbine Fuel Systems division plant in Mentor, Ohio, expected to create 60 full-time jobs and $4.6 million in annual payroll. The expansion also retains $14.8 million in existing payroll.
Private equity firm Veritas Capital has agreed to buy aircraft parts manufacturer Chromalloy Gas Turbine LLC from Carlyle Group for more than $1.6 billion, including debt.
Ottobock HealthCare has acquired BionX Medical Technologies, Inc., a US company that produces the world's only active prosthetic foot and ankle solution, the Empower Ankle.
Precision Castparts Corp. subsidiary Titanium Metals Corp. is converting a former Century Aluminum site in Ravenswood, West Virginia, into a renewable energy-powered titanium manufacturing facility. The project is expected to be complete in late 2024.
M.C. Dean has broken ground on a new 168,000-square-foot Modular Mission Critical manufacturing and storage facility in Caroline County, Virginia. The $23 million expansion is part of a $48.5 million effort since 2019 and is expected to be completed by June 1, 2023.
Parker-Hannifin Corporation acquired Meggitt, an aerospace, defense and energy corporation with over 37 manufacturing facilities worldwide. The acquisition closed in September 2022, and Meggitt is now Parker Meggitt.
CS Wind plans to expand its wind turbine manufacturing plant in Pueblo, Colorado, by adding two new buildings and tripling the workforce to 1,100 employees. The expansion is supported by federal infrastructure act tax credits.
UniPunch Products, Inc. and Unittool announced the combination of their brands, merging product offerings, sales channels, and manufacturing at a single location in Wisconsin to become the industry leader in C-Frame tooling.
CHS USA Inc., a company of Canadian Hospital Specialties Limited, completed the acquisition of SandBox Medical LLC effective September 1, 2022. SandBox Medical manufactures JollyPop Pacifiers and other products for premature babies and newborns.
Wisconsin Aluminum Foundry broke ground on a $20 million, 55,000-square-foot expansion at its Manitowoc facility. The project is expected to create 80 jobs and be completed by summer 2023.
Strikepoint Group Holdings (SGH) acquired Campbell Comfort Systems, a residential HVAC contractor in New Jersey. Terms were not disclosed.
Kindle Energy awarded GE an order to provide 7HA.03 combined-cycle plant equipment for the 725 MW Magnolia Power Plant in Plaquemine, Louisiana. The plant will initially run on natural gas with hydrogen capability up to 50% by volume.
Micron Technology announced plans to invest approximately $15 billion through the end of the decade to construct a new leading-edge memory manufacturing fab in Boise, Idaho. The fab will create over 17,000 new American jobs, including about 2,000 direct Micron jobs.
SK Siltron CSS celebrated the ribbon cutting of a new manufacturing facility in Bay City, Michigan, as part of a $300 million expansion announced in July 2021. The expansion will double the workforce and quadruple manufacturing capacity for silicon carbide wafers used in electric vehicles.
Ryerson Holding Corporation acquired Howard Precision Metals, Inc., a leading aluminum distributor in the Midwest based in Milwaukee, Wisconsin. The acquisition complements Ryerson's non-ferrous franchise.
LANXESS Corporation's Urethane Systems business unit partnered with Azelis Americas to distribute its Witcobond polyurethane dispersions in the United States, effective November 1, 2022.
An affiliate of Veritas Capital entered into a definitive agreement to acquire Sequa Corporation, parent company of Chromalloy, from funds managed by Carlyle. Financial terms were not disclosed.
The Royal Group, a wholly owned subsidiary of Schwarz Partners, acquired corrugated packaging maker Progress Container & Display, which becomes its 17th manufacturing facility. PMCF acted as exclusive sell-side financial advisor; the deal closed in September 2022 and was reported on November 3, 2022.
DXP Enterprises announced on September 2, 2022 its acquisition of Sullivan Environmental Technologies, a Kentucky-based manufacturer of pumps, valves and process equipment serving water and wastewater markets in Indiana, Kentucky and Ohio. Financial terms were not disclosed.
Wildpack Beverage signed a long-term purchase and supply agreement with Ball Corporation for sustainable aluminum beverage containers. The deal lets Wildpack extend its printed can and warehousing services beyond Grand Rapids to its other US locations.
PCX Aerosystems acquired Pacific Contours Corp., a manufacturer of specialized components and assemblies for military aircraft and space vehicles, based in Anaheim, California.
StoneAge, Inc. acquired Terydon, Inc., an industrial cleaning and water-blasting manufacturer known for automated solutions, on August 31, 2022.
Boeing was awarded a not-to-exceed $927,492,124 undefinitized contract action for four KC-46A aircraft for Israel, including non-recurring engineering for Remote Vision System 2.0. Work will be performed in Seattle, Washington, and is expected to be completed by December 31, 2026.
Boeing was awarded a $2,214,952,163 contract modification for KC-46A Air Force Production Lot 8 aircraft, including 15 additional aircraft. Work will be performed in Seattle, Washington, and is expected to be completed by November 30, 2025.
Scott Bader held a groundbreaking ceremony for a new $16 million manufacturing site in Mocksville, North Carolina. The adhesive and gelcoat plant aims to be fully operational in 2023 and is expected to create 27 new jobs.
U.S. Tsubaki Power Transmission, LLC purchased ATR Sales Inc., manufacturer of ATRA-FLEX premium flexible couplings, based in Santa Ana, California. The acquisition expands U.S. Tsubaki's North American manufacturing capabilities for industrial couplings.
Viper Networks entered into a joint venture agreement with EarthWind LLC, Gr8 Seas Holdings Inc., and SC General Turbo SA to develop turnkey renewable energy solutions. The JV will deploy a first test site in Leland, Illinois, with two 250KW wind turbines, and is evaluating sites for future U.S. manufacturing of wind turbines.
NFI Industries signed a $10 million agreement to deploy Boston Dynamics' Stretch robots across its US warehousing operations. A pilot program will begin at NFI's Savannah, GA facility in 2023, with plans to expand to additional locations.
Bosch announced plans to expand its Anderson County, South Carolina facility with a $200 million investment to produce fuel cell stacks for hydrogen-powered Class 8 trucks. The expansion will create 350 new jobs and add 147,000 sq ft of floorspace, with production planned for 2026.
Toyota announced an additional $2.5 billion investment in its Toyota Battery Manufacturing North Carolina plant in Liberty, North Carolina, adding capacity for battery electric vehicle battery production and 350 jobs, bringing total employment to about 2,100. Production is scheduled to begin in 2025.
NewCo Plastics, a portfolio company of White Wolf Capital, acquired PM Mold Company, a custom plastic injection molding manufacturer in Schaumburg, Illinois. The acquisition was announced on August 31, 2022.
Lehigh Hanson received approximately $3.7 million in U.S. DOE funding, plus $1.1 million of its own, for a FEED study to retrofit carbon capture technology at its new cement plant in Mitchell, Indiana. The plant is expected to begin full production in early 2023.