Isikel will build a 196,000-square-foot facility in Katy, Texas, by fall 2022, with capacity to manufacture about 440 million nitrile gloves per year.
Hydraquip, Inc. announced the merger of its affiliate Elite Controls, Inc. as a division called Hydraquip Electric Systems, to support electrification solutions for mobile equipment.
GCC will execute a capacity expansion at its Odessa, Texas cement plant, increasing annual cement production capacity by over one million metric tons, with a $750 million investment and completion by mid-2025.
Nucor Corporation will add a new melt shop at its bar mill in Kingman, Arizona, with a $100 million investment, 600,000 tons annual capacity, and 140 new jobs.
Peak Lifting Solutions has acquired Gulf Coast Crane Services, a crane rental services company based in Corpus Christi, Texas. The terms of the transaction were not disclosed.
AAR Mobility Systems has been awarded a $173.5 million firm-fixed-price contract from the U.S. Air Force to produce Next Generation All Aluminum Cargo Pallets. The pallets will be manufactured in Cadillac, Michigan.
Hexigone announced an exclusive distribution agreement with Barentz for its Intelli-ion AX1 corrosion inhibitors across the United States and Central America. Barentz will distribute the patented anticorrosion technology to coatings companies in the region.
Health Supply US announced plans to establish a new manufacturing facility in Greenville County, South Carolina, investing $150 million and creating 600 jobs. The facility, operating as Glove One, will produce 4.3 billion nitrile gloves per year and is expected to be complete by January 2024.
BorgWarner acquired Rhombus Energy Solutions, a provider of charging solutions in the North American market, for approximately $130 million at closing, with up to $55 million in contingent payments over three years.
Curtiss-Wright was awarded contracts worth more than $220 million by Bechtel Plant Machinery and General Dynamics Electric Boat to supply propulsion valves, pumps and instrumentation and control systems for Navy submarine and aircraft carrier programs, with work performed in New York and Pennsylvania through 2026.
Greif will invest $13 million over five years to modernize and expand production capacity at its Taylors, Greenville County facility, which makes spiral tubes and cores from recycled paperboard, with completion expected in November.
Curtiss-Wright was awarded contracts worth over $220 million to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, via Bechtel Plant Machinery and General Dynamics Electric Boat, announced August 3, 2022.
Bolder Industries completed an end-of-life tire purchasing agreement with Liberty Tire to supply feedstock for its recycling facility in Terre Haute, Indiana.
CASE Construction Equipment launched the Minotaur DL550 compact dozer loader at its customer center in Tomahawk, Wisconsin. The machine weighs approximately 18,000 pounds and has 114 horsepower.
FedEx agreed to purchase $200 million in warehouse robotics products and services from Berkshire Grey. The contract includes warrants for 25 million shares of Berkshire Grey stock and is slated to conclude by 2025.
Kassow Robots received an order for over 60 KR1018 cobots integrated into AGVs from Project Unternehmensgruppe for a US textile customer. The cobots will be used for loading cabling machines and changing yarn spools.
Taylor Group of Companies and Royal Terberg Group formed a joint venture, Terberg Taylor Americas Group, to establish a factory in Mississippi for manufacturing terminal tractors. The $15.9 million investment will create 90 jobs, with first production expected in Q3 2023.
Bihler of America announced plans to construct a new 103,000 square foot facility on its corporate campus in Phillipsburg, New Jersey. Construction is scheduled to commence in April 2018, with operations expected to begin in Q1 2019.
James Hardie held a groundbreaking ceremony for a major expansion of its Prattville, Alabama plant. The $400 million investment will add 200 jobs and make the facility the largest James Hardie plant worldwide.
Swedish engineering firm Trelleborg AB agreed to acquire Minnesota Rubber and Plastics from private equity firm KKR for about $1 billion in cash. The deal is expected to close before the end of 2022.
REEL COH Inc won a contract valued at almost $38 million to fabricate, deliver and install a new 680-ton gantry crane for the New York Power Authority's Niagara Power Project in Lewiston, New York. The crane will support the project's 15-year modernization program.
Indorama Ventures announced that construction of an integrated PTA-PET plant in Corpus Christi, Texas will resume in August 2022. The plant, operated by joint venture Corpus Christi Polymers LLC, is expected to begin production in 2025 and be the largest vertically integrated PTA-PET production plant in the Americas.
SK Capital Partners announced that its affiliates have completed the acquisition of Valtris Specialty Chemicals from H.I.G. Capital. Valtris is a global manufacturer of specialty additives and precursors, headquartered in Independence, Ohio.
Hydro will invest $50 million to expand recycling capabilities at its extrusion plant in Cressona, Pennsylvania, including remelt and extrusion billet casting. The project is expected to be fully operational in late 2024 and will expand casting capacity by 114 million lbs.
Semtech Corporation announced a definitive agreement to acquire all outstanding shares of Sierra Wireless for $31 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion.
Private equity firm Hidden Harbor Capital Partners agreed to acquire Machinery Services Corp and Rapid Pump & Meter Service, Northeast US facility services providers focused on pumps, motors and water infrastructure. Financial terms were not disclosed.
Dazpak Flexible Packaging, owned by H.I.G. Capital, completed its acquisition of Atlapac Corporation, a flexible packaging and pouch converter in Columbus, Ohio. The deal expands Dazpak's flexible packaging business in the Midwest.
Jasper Engineering and FLW Southeast, both manufacturers representatives and distributors, announced a merger on August 2, 2022. FLW Southeast will keep its Marietta, Georgia headquarters and brand.
Percheron Capital, a private equity firm, signed an agreement in August 2022 to acquire a majority stake in McWilliams & Son, a residential HVAC and plumbing services company, to enable national expansion.
LOTTE Aluminium Materials USA LLC will build its first U.S. aluminum foil manufacturing facility in Elizabethtown, Kentucky, with a $238.7 million investment. The plant will produce 36,000 tons of cathode foil for EV batteries and create 122 jobs, with operations expected to begin in 2025.
USSOCOM selected L3Harris and Air Tractor's AT-802U Sky Warden system for the Armed Overwatch program, with a contract ceiling of $3 billion and an initial award of $170 million. Up to 75 aircraft will be delivered, with six in low-rate initial production Lot 1.
Dayton Bag & Burlap was named to a $20 million contract from the Defense Logistics Agency to make acrylic sandbags for the U.S. Department of Defense.
One Equity Partners' portfolio company OMNI Environmental Solutions merged with Purity Oilfield Services to create a combined environmental services and equipment organization. Terms were not disclosed.
O'Neal Steel announced a $2.6 million expansion of its Birmingham headquarters, adding a flat laser and press brake for metal parts processing. The expansion will create six new jobs.
Teleflex was awarded a contract by Vizient for the supply of Central Venous Access products, effective August 1, 2022. The agreement allows Vizient members to access pricing terms for catheters.
Ditch Witch acquired specific assets from River City Manufacturing, including the HydraWheel design of rock saws. The product line will be manufactured and sold under the Ditch Witch name.
The New York Power Authority awarded a contract valued up to $37,984,000 to REEL COH Inc. to fabricate, deliver and install a new 680-ton gantry crane for the Niagara Power Project, supporting the Next Generation Niagara modernization program.
UPG Enterprises LLC, through its Electrical Steel Division, acquired Orchid Monroe, a manufacturer of electrical steel laminations and rotor/stator cores for electric motors and generators. The acquisition expands UPG's capabilities in the electrical steel market.
Nikola Corporation will acquire Romeo Power, Inc. in an all-stock transaction valued at approximately $144 million, bringing battery pack engineering and production in-house. Romeo's Cypress, California facility will become Nikola's Battery Center of Excellence.
Colgate-Palmolive agreed to purchase three dry pet food manufacturing plants in the U.S. from Red Collar Pet Foods for $700 million to support its Hill's Pet Nutrition business. The plants are in South Carolina, Oklahoma, and Ohio.
JBT Corporation signed a definitive agreement to acquire Bevcorp, a provider of beverage processing and packaging solutions. Terms were not disclosed.
United Flow Technologies, a portfolio company of H.I.G. Capital, completed the acquisitions of Shape, Inc., Engineered Equipment Solutions, Newman Regency Group, and Southwest Valve & Equipment. Terms were not disclosed.
Bauer Inc., a manufacturer of aircraft component test equipment, is building a 30,000-square-foot addition to its Bristol, Connecticut facility, more than doubling its manufacturing space. The company has also ordered $1 million in equipment and plans to hire 20-30 employees.
OQ Chemicals signed a final investment decision to support Röhm in constructing a world-scale methyl methacrylate (MMA) plant with a design capacity of 250,000 tons per year at OQ Chemicals' production site in Bay City, Texas. The plant will use Röhm's LiMA technology and is slated to be mechanically complete by Q1 2024.
GlobalFoundries and Qualcomm announced an extension of their long-term agreement to secure U.S. supply of semiconductor wafers through 2028.
CONMED Corporation has announced a definitive agreement to acquire privately held Biorez, Inc. for $85 million at closing, plus up to $165 million in earnout payments. The transaction is expected to close in early August 2022.
Cementos Molins, through its subsidiary Calucem, will build a calcium aluminate cement factory in New Orleans, Louisiana, with an investment of $35 million. The plant is expected to be commissioned in the third quarter of 2023 and will create 228 jobs.
Rolls-Royce Corp. has been awarded an $854,368,644 contract to provide depot-level engine repair services for the AE2100 D3 engine on C/KC-130 aircraft for the US Marine Corps and Kuwait. Work will be performed in Canada, Portugal, and the US, expected to be completed by July 2027.
Ingersoll Rand agreed to acquire Holtec Gas Systems, a nitrogen generator manufacturer in Saint Charles, Missouri with about $10 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Kalmar is upgrading and expanding its terminal tractor manufacturing plant in Ottawa, Kansas, with a $21.5 million investment that will double the plant's annual production capacity.