Intel announced a Semiconductor Co-Investment Program and signed an agreement with Brookfield Asset Management to jointly invest up to $30 billion in Intel's manufacturing expansion at its Ocotillo campus in Chandler, Arizona. Intel will fund 51% and Brookfield 49% of the project cost for two new leading-edge chip factories.
Blackford Capital has sold Quality Aluminum Products (QAP) to Gibraltar Industries. QAP manufactures aluminum and steel products for wholesale markets in the US.
PPG will invest $9 million to expand its adhesives and sealants production line at its Temple, Texas facility, creating 12 jobs.
Wolfspeed opened its new $1.2 billion wafer fabrication facility, the Mohawk Valley Fab, in Oneida County, NY, producing 200mm silicon carbide wafers and expected to add 614 jobs.
Hanwha Aerospace closed a deal with Overair to develop a battery-powered propulsion system for the Butterfly eVTOL aircraft.
Bryce Corporation held a groundbreaking for a new manufacturing facility in Searcy, Arkansas, part of an $80 million investment that will create 142 jobs. The groundbreaking took place on August 23, 2022.
Wildpack announced a long-term purchase and supply agreement with Ball for sustainable aluminium beverage packaging for its US operations.
Elevate Experts Corp., which owns Process and Water, has acquired Ultrafiltronics, a specialist in high purity water systems for biotech and pharma. Ultrafiltronics will continue to operate independently from its Randolph, MA location.
Apex International broke ground on a new 58,500 sq. ft. manufacturing facility in Fallowfield Township, Pennsylvania, to replace its Donora site, with expected occupancy in 2024.
DuPont Semiconductor Technologies has chosen Glasgow, Delaware, for a $50 million expansion of its semiconductor materials manufacturing operations. The new 385,000-square-foot facility will create about 10 new jobs and serve as the primary work site for more than 70 existing workers.
Associated Integrated Supply Chain Solutions and Stoffel Equipment Company, both owned by Raymond Corp., are moving to a 31,000-square-foot facility in Germantown, Wisconsin, doubling their previous Milwaukee space.
Yulista, an aerospace and defense component manufacturer, has acquired StraitSys, a provider of big data analytics, IT services, and cybersecurity. Financial terms were not disclosed.
Royale Pigments & Chemicals intends to acquire the former BASF plant in Seaford, Delaware, and invest $2.35 million to refurbish it for specialty chemical production. The company plans to hire up to 29 people over three years.
Griffin Food Company announced a plan to invest over $1,000,000 in flexible packaging equipment at its Muskogee, Oklahoma plant, creating 6-10 new jobs. The company received a $150,000 state incentive and a $9,800 local incentive.
Raytheon UK received a 10-year indefinite-delivery contract with an estimated value of $250 million from the U.S. Department of Defense to provide Assured Positioning, Navigation and Timing systems to the U.S. Air Force and U.S. Navy.
Modine Manufacturing Company has commenced full-scale production of chillers at its new facility in Rockbridge, Virginia, and confirmed a significant order from Corscale Data Centers for its OptiChill free-cooling chillers to be installed at Corscale's Gainesville Crossing Data Campus.
Marsh Brothers Aviation signed a four-year deal with Aviation Fabricators (AvFab) to supply bespoke seat actuator valves for aircraft seat maintenance, repair and overhaul.
Atlas Machine and Supply Inc. is investing $3.47 million to construct a new 32,500-square-foot facility in Hardinsburg, Kentucky, creating 78 jobs. The facility will serve as headquarters for its Field Machining Division.
Steel Dynamics and Unity Aluminum closed a joint venture arrangement for Steel Dynamics to construct and operate a new 650,000-tonne aluminum flat rolled mill. Capital investment is estimated at $1.9 billion, with commercial production planned to begin in Q1 2025.
Harpak-ULMA was selected by a major medical device producer to provide automated flow wrap packaging lines for pipette tip production in the United States. The project is part of a federal initiative to expand domestic production of the tool.
Bessemer-backed Tencarva Machinery Company acquired Fischer Process Industries, a distributor of pumps, valves and process equipment headquartered in Loveland, Ohio. Financial terms were not disclosed.
The Mount Vernon Municipal Planning Commission approved Sanoh America's plan to add a 75,000 square foot addition, a 25% increase in floor space, to its Industrial Park Drive plant. The company plans to add 32 machines from an Alabama plant and expects to hire 60-plus people.
Carus LLC announced a $20 million expansion at its La Salle, Illinois manufacturing facility. The project will modernize the plant and add production capacity, with construction already underway and expected completion by the end of 2022.
Grand River Aseptic Manufacturing (GRAM) in Grand Rapids, Michigan, entered an agreement with Bavarian Nordic to fill and finish Jynneos monkeypox vaccines. The tech transfer has been initiated, with manufacturing expected to start later in 2022. GRAM will dedicate one fill line to the effort.
NSI Industries LLC acquired Sealed Unit Parts Co. Inc. (SUPCO), a designer and manufacturer of HVAC parts and components based in Allenwood, New Jersey. The acquisition broadens NSI's product offering in HVAC categories.
Metal Flow Corp. will build a 60,000-square-foot facility adjacent to its existing site in Holland Township, Michigan, with a $7.2 million investment, creating 10 jobs. The facility will include light manufacturing, robotics, automation, and logistics.
SK Innovation and SK Energy acquired a controlling stake in US energy company Atom Power for $150 million. Atom Power specializes in semiconductor-based circuit breakers for EV chargers.
CIC Partners and Juniper Capital acquired Dallas-based Applegate EDM, LLC and Irving-based Icon Machine Co. and united them under a new platform called Precision Aerospace Holdings.
Advanced Emissions Solutions, Inc. (ADES) entered into a definitive merger agreement with Arq Limited to combine their businesses. ADES shareholders will retain at least 47.4% of the combined company, and a concurrent equity placement of $20 million from Arq investors is planned.
General Kinematics broke ground on a 42,000-square-foot plant expansion at its corporate headquarters in Crystal Lake, Illinois, to increase manufacturing capacity for mining, foundry, and recycling equipment. The expansion will include high bay ceilings with 80-ton crane capacity.
Terves, a subsidiary of PMT Group, is expanding its Euclid, Ohio operation by adding 30,000 sq ft and installing a vertical direct chill casting system for magnesium alloy billet. The expansion broke ground on August 18, 2022 and is expected to be completed in 2022.
ABM Industries has acquired RavenVolt, a microgrid systems provider, for a maximum purchase price of $450 million including $170 million cash at closing and up to $280 million earn-out based on EBITDA targets.
JFE Shoji Corporation and its subsidiary JFE Shoji America Holdings entered into a definitive agreement to acquire all outstanding shares of California Expanded Metal Products Co. (CEMCO) from the Poliquin family. The transaction is expected to close in late September 2022.
Bavarian Nordic entered into an agreement with Grand River Aseptic Manufacturing (GRAM) for fill and finish of JYNNEOS smallpox/monkeypox vaccine. The contract supports orders from BARDA for 5.5 million doses, with tech transfer already initiated and manufacturing expected to start in 2022.
RefleXion Medical entered into a multi-year, multi-site contract with Select Healthcare to create new free-standing treatment centers using the RefleXion X1 platform for biology-guided radiotherapy. The first center is expected to open in late 2023.
Vixen Composites, an Airxcel brand, expanded into a new 60,000-square-foot facility in the Aeroplex Industrial Park in Elkhart, Indiana, announced on August 18, 2022. The move increases capacity for fiberglass reinforced plastic and composite panel production.
RefleXion Medical announced a three-system contract with Select Healthcare to create new free-standing treatment centers featuring the RefleXion X1 platform for biology-guided radiotherapy.
Owen Steel Co. plans to invest $3 million in a plant in Richland County.
Heads Up Technologies, a manufacturer of lighting systems and flight deck safety products, has acquired STG Aerospace, a manufacturer of aircraft cabin lighting products based in Cwmbran, UK and Miami, FL.
Kent secured a three-year master services agreement with Avangard Innovative to provide project management and engineering services for plastic recycling facilities in the United States, producing post-consumer resin pellets.
Korea Western Power Company (KOWEPO), Tallgrass, and Power Systems Mfg., LLC (PSM) announced an agreement to collaborate on key infrastructure investments for converting natural gas-fired power generation to clean hydrogen fuel use in the United States, focusing on utility-scale hydrogen-to-power projects.
General Dynamics Bath Iron Works received a $19,999,814 cost-plus-fixed-fee modification to a previously awarded contract for long-lead time material for the Large Missile Vertical Launch System (LMVLS) launch module fabrication on DDG-1000. Work will be performed in Spring Grove, Illinois; Houston, Texas; Alma, Michigan; and Merrill, Michigan, and is expected to be completed by June 2024.
The National Institutes of Health intends to award a fixed-price purchase order on a sole-source basis to Saint-Gobain Performance Plastics Corporation for KryoSure Bags and KryoSure Overwrap Pouches used in cellular therapy.
Prysmian Group celebrated the groundbreaking of a $50 million expansion at its Harrison County plant in Marshall, Texas, including equipment upgrades and the addition of 75 jobs.
McNeilus Truck and Manufacturing, an Oshkosh Corporation company, will invest over $50 million to establish a new manufacturing facility in Murfreesboro, Tennessee, creating 230 jobs over five years.
Vulcan Materials Co. acquired Syar Industries Inc., a construction materials producer in northern California, offering aggregates, recycled materials, hot-mix asphalt and ready-mixed concrete.
Airborne Technologies (ATI) signed a licensing agreement with Derco, a Lockheed Martin company, to manufacture F-16 structural components under the Lockheed Martin Hologram Products Program.
BAE Systems received a contract from Lockheed Martin to design and manufacture next-generation infrared seeker technology for the THAAD interceptor missile.
II-VI Incorporated closed a contract worth over $100 million to supply Dongguan Tianyu Semiconductor Technology with 150 mm silicon carbide substrates, with deliveries from Q3 2022 through end of 2023.
Microchip Technology received a $50 million contract from NASA to design and manufacture the High-Performance Spaceflight Computing (HPSC) processor for future space missions.