Skjodt-Barrett Contract Packaging is expanding its Lebanon, Indiana facility with a 340,000 square foot addition, adding production lines and freezer space at an estimated $58 million capital investment. The expansion is expected to create 90 jobs.
Kosmos Energy awarded OneSubsea, a Schlumberger business, and alliance partner Subsea 7 an EPCI contract for a subsea multiphase boosting system at the Odd Job field in the Gulf of Mexico. The award was announced on 26 July 2022.
Green Mountain Knitting, a subsidiary of the Calko Group, has acquired the former Mylan building in Swanton, Vermont, to relocate its operations from Milton. The move involves a significant seven-figure investment and plans to bring 25 jobs initially, with potential expansion to 60 jobs.
Highlander Partners has sold QTI Fibers, a designer and manufacturer of technical fibers and fabrics, to Norwest Equity Partners. QTI Fibers operates two manufacturing facilities in Alabama and North Carolina.
S&C Electric Company opened a 55,000-square-foot manufacturing expansion at its Franklin, Wisconsin facility, creating more than 50 new skilled jobs.
Seohan Auto USA is investing $13.5 million in its two Auburn, Alabama facilities to begin producing components for hybrid and electric vehicles. The expansion is expected to create 12 new jobs.
MasTec Inc. announced it will acquire Infrastructure and Energy Alternatives Inc. (IEA) in a deal valued at $1.1 billion, expanding its clean energy and infrastructure segment. The acquisition is expected to close late 2022.
ELLWOOD announced a significant investment to build a new aluminum tooling plate production line at its ELLWOOD Specialty Steel facility in New Wilmington, Pennsylvania. Initial capacity is over 10 million pounds, with start-up targeted in 2024.
McWane Ductile Ohio announced a $45 million investment to expand its Coshocton County plant, creating 50 new jobs and retaining over 500 jobs.
Nikkiso Clean Energy & Industrial Gases Group has added a Houston, Texas facility that manufactures and delivers ambient air vaporizers, now operational with customer deliveries underway.
Airedale, a Modine subsidiary, has confirmed a significant order with data centre giant Corscale for its Gainesville Crossing Data Campus in Northern Virginia. The order includes OptiChill free-cooling chillers, AireWall fan walls and SmartCool ONE computer room air handling units.
United Alloy, Inc. broke ground on a nearly 110,000 square foot expansion of its existing manufacturing facility in Seguin, Texas. The expansion will add automation for sheet metal fabrication, powder coating, and assembly, and represents a capital investment of more than $35 million total for the site.
National Cement Company of Alabama, a Vicat subsidiary, inaugurated a new US$300 million production line at its Ragland cement plant on July 21, 2022. The line includes a new rotary kiln equipped for alternative fuel use.
Promimic, a portfolio company of Karolinska Development, formed a joint venture with Danco Medical called Nano Processing for processing medical implants in the US market. Promimic acquired 60% of the joint venture for USD 417,750 in cash and USD 1,350,000 in newly issued shares, completed on July 21, 2022.
National Cement of Alabama and parent Vicat Group dedicated a new production line at the Ragland, Alabama plant, a $300 million project doubling annual capacity to 2 million tons. The kiln is designed to run on 100% biomass or non-hazardous waste.
Motion Controls Robotics (MCRI) will invest over $2 million to expand its Fremont, Ohio facility with a 25,500 square-foot addition, creating at least 18 new jobs.
Bercen, a division of Vertellus, is expanding its Denham Springs, Louisiana facility with a $17.5 million investment. The project will retain 55 jobs and create 8 new jobs, with completion expected by end of 2022 and full operations in Q1 2023.
Bloom Energy announced the grand opening of its 164,000-square-foot manufacturing plant in Fremont, California, representing a $200 million investment. The plant will produce solid oxide fuel cells with an annual output of over one gigawatt, creating more than 400 clean energy jobs.
ArchiMed's MED Platform II fund completed its acquisition of Natus Medical, a developer of medical devices for neurological disorders, for a total equity value of $1.2 billion. Natus shareholders received $33.50 per share.
Mission Ready Solutions Inc., through its subsidiary Unifire, is ramping up operational capacities at its PTF Manufacturing facility in Jacksboro, Tennessee, in preparation for manufacturing opportunities. The expansion will be funded through state and local initiatives.
Tandem Diabetes Care, Inc. announced its acquisition of Capillary Biomedical, an infusion set developer. Financial terms were not disclosed.
Knauf Insulation announced the selection of Crossland Construction to build its 600,000 square foot production facility in McGregor, Texas, with construction starting August 1, 2022, and expected opening in early 2024, employing nearly 200 workers.
Ingersoll Machine Tools held a grand opening and expansion of its new manufacturing, assembly and testing center in Rockford, Illinois, showcasing advanced equipment including the world's largest 3D metal printing and milling machine.
Fortify and polySpectra, along with partners, were awarded $3 million from the U.S. Department of Energy to develop durable direct additive tooling for automotive lightweighting using cyclic olefin resin-based composites.
D'Hondt Thermal Solutions (DH-TS) was awarded by KZJV the design and manufacture of modularized air-cooled heat exchangers for the Plaquemines LNG facility in Louisiana owned by Venture Global. Engineering will be in France and manufacturing in Korea.
Steel Dynamics Inc. announced board approval to build a $1.9 billion aluminum mill in the southeastern United States. The company will own over 94% of the facility through a joint venture with Unity Aluminum.
IMPCO Machine Tools received orders for five microfinishing systems totaling $3.5 million from an electric vehicle OEM. The systems will be delivered to plants in Mexico and the USA.
Satair, an Airbus Services company, has signed an agreement to acquire VAS Aero Services, a leader in aviation logistics and aftermarket services, through its US subsidiary Satair USA, Inc. The acquisition expands Satair's global footprint and aviation aftermarket service capabilities.
Afton Chemical Corp. completed a $70 million expansion at its lubricant additive factory in Sauget, Illinois, enabling the plant to produce additives for electric vehicle fluids and increasing output of transmission fluid additives.
Denkai America will locate its new manufacturing facility and North American headquarters in Richmond County, Georgia, with an initial investment of $150 million to establish an ED copper foil production facility for EV batteries, aiming for a total investment of $430 million and 250 new jobs over five years.
Teck Resources and PolyMet Mining agreed to form a 50:50 joint venture, NewRange Copper Nickel LLC, to advance PolyMet's NorthMet project and Teck's Mesaba deposit in Minnesota. First production from NorthMet is targeted for 2026, with annual payable production of 30,000 tonnes copper, 3,600 tonnes nickel, 58,000 ounces palladium, and 12,000 ounces platinum.
PolyMet Mining and Teck Resources agreed to form a 50:50 joint venture, NewRange Copper Nickel LLC, to develop PolyMet's NorthMet project and Teck's Mesaba deposit in Minnesota. Glencore will fund PolyMet's share of initial work program costs up to US$105 million.
Good natured Products signed a three-year commercial contract with a large U.S. food producer to supply packaging made from Bio-PET-based material and recycled content, produced at its Ontario and Illinois facilities.
Premier Tech is investing $33 million in a 165,000-square-foot facility in Montgomery, Alabama, for its Systems and Automation group, serving as its US headquarters. Operations start gradually from March 2023.
CNH Industrial acquired Specialty Enterprises LLC, a manufacturer of aluminium spray booms for agricultural applications. The announcement was made on July 19, 2022.
Korens signed a contract with a North American automaker to supply eco-friendly thermal management parts worth KRW 260 billion over 9 years until 2034, covering 2 million vehicles.
Core & Main has entered into a definitive agreement to acquire substantially all of the assets of Inland Water Works Supply Co., a distributor of water and wastewater products based in Southern California.
Pharmavite is investing over $200 million to build a new gummy production facility in New Albany, Ohio, expected to create about 225 new jobs and start production by the end of 2024.
Edgewater Capital Partners, a private equity firm, has acquired AmeriWater, a manufacturer of water purification systems for healthcare and industrial applications.
Thunderbird LLC has acquired Bright Plastics Inc., an injection-molding company in Greensboro, North Carolina, expanding its capabilities for medical, defense, aerospace, and other markets.
Novaria Group, a manufacturer of specialty hardware for aerospace and defense, announced it has signed an agreement to acquire Stroco Manufacturing, a precision sheet metal and machined components supplier based in Hazelwood, Missouri. The transaction is expected to close in July 2022.
Arcline Investment Management formed Signia Aerospace, an integrated provider of high-performance systems for aerospace, and acquired International Mezzo Technologies Inc., a designer and manufacturer of microtube heat exchangers. Norman Jordan was appointed CEO of Signia Aerospace.
Chemtrade Logistics Income Fund and Kanto Group announced a joint venture, KPCT Advanced Chemicals LLC, to build a greenfield high-purity sulphuric acid plant in Casa Grande, Arizona, with an expected start-up in 2024. The plant will have an annual capacity of approximately 100,000 metric tons and cost between US$175 million and US$250 million.
GAF Energy announced it will build a new 450,000-square-foot manufacturing facility in Georgetown, Texas, increasing capacity by 500% for its Timberline Solar roof featuring the world's first nailable solar shingle.
Endotronix signed a lease for an 80,000+ sq ft facility in Naperville, Illinois, to serve as its new U.S. headquarters with a state-of-the-art manufacturing facility. The company plans a 30% workforce expansion to support the commercial launch of its Cordella Heart Failure System.
GXO Logistics reached a multi-year global agreement with 6 River Systems to supply Collaborative Mobile Robots (CMRs) for its logistics operations across the U.S. and Europe. GXO plans to add hundreds more robots in 2022 and beyond.
HEICO Corporation's Flight Support Group acquired 96% of Accurate Metal Machining, Inc., a manufacturer of high-reliability components for aerospace, defense, and semiconductor equipment. The acquisition was for cash at closing with potential additional consideration.
GKN Aerospace signed an extension to a long-term agreement with Sikorsky to supply composite structure components for the H-60 Black Hawk helicopter, manufactured at GKN's Tallassee, Alabama facilities.
Steel Dynamics Inc. announced a $2.2 billion plan to build a flat-rolled aluminum mill in the southeastern US, along with two recycled aluminum slab casting plants in the southwestern US and northcentral Mexico. The mill will have an annual capacity of 650,000 metric tons and is expected to start up in Q1 2025.
MilliporeSigma broke ground on its first lateral flow membrane production facility in the US at its Sheboygan, Wisconsin site, supported by a USD 136.7 million contract from the U.S. Department of Defense. The facility will create 60 jobs.