Northrop Grumman announced it selected Airbus U.S. Space and Defense to produce 42 satellite buses for the Space Development Agency's Transport Layer Tranche 1. The Airbus Arrow 450 buses will be produced at the Airbus OneWeb Satellites factory in Merritt Island, Florida, with first delivery scheduled for fall 2023.
Ondas Holdings announced it has signed a term sheet to acquire Airobotics Ltd., adding it to its American Robotics unit for drone data collection. The acquisition aims to expand applications and markets for automated drone platforms.
Oxford Performance Materials (OPM) announced an agreement with Fuse Medical to develop new spinal, extremity and sports medicine implant product lines using OPM's patented OsteoFab PEKK technology. Fuse will be the OEM and OPM the exclusive contract manufacturer.
United Air Temp, a portfolio company of Summit Park, completed a recapitalization of Grande Aire Services and Haines Air Conditioning, expanding its HVAC services presence in Southwest Florida.
Petersen opened a 57,000-sq.-ft. manufacturing facility in Bonney Lake, Washington, for PAC-CLAD steel and aluminum cladding products. The facility shipped its first order in May 2022 and will be fully operational in early 2023.
Pharmavite LLC is expanding into the Columbus Region with a $200 million investment in a 200,000-250,000 sq ft facility in New Albany, Ohio, creating 225 jobs. Production is expected to start by end of 2024.
Sika is bringing a new manufacturing plant for concrete admixtures on stream in Stafford, Virginia. The facility is the second-biggest manufacturing plant for Sika concrete admixtures in the U.S.
Climate by Design International broke ground in July 2022 on a nearly $40 million, 212,700-square-foot new headquarters and production facility in Owatonna, Minnesota. The project is partially financed by $12 million in New Markets Tax Credits.
CMS Nextech acquired DegreeOne, a nationwide HVAC, refrigeration, and food service company. The acquisition was finalized in July 2022 and expands coverage in California, Arizona, Washington, and Connecticut.
SkyWater Technology announced plans to open a $1.8 billion semiconductor manufacturing facility in Discovery Park District at Purdue University, creating 750 jobs. The city approved engineering services for wastewater upgrades to support the facility.
Forrest Redi-Mix has acquired the ready mix concrete portion of Riber Construction and Ready Mix, adding a plant in Dwight, Illinois. The deal closed on July 1, 2022. The new plant will be called Chief Redi-Mix-Dwight.
Parts Authority acquired National Autobody Parts Warehouse Inc., a supplier of collision parts headquartered in Grand Prairie, Texas. The transaction was finalized on July 1, 2022.
Toyota Material Handling acquired PennWest Toyota Lift, a Pennsylvania-based forklift dealership with locations in Mount Pleasant, Pittsburgh and Erie. The acquisition was finalized on July 1, 2022.
Daher completed the acquisition of TRIUMPH's metallic and composite aerostructures assembly facility in Stuart, Florida, adding approximately 400 employees and expanding its North American presence.
Sentry Equipment acquired Rebuild-it, a rebuilder and installer of clarifier drives and thickeners for municipal wastewater treatment, based in West Jordan, Utah. The terms were not disclosed.
Rocky Mountain Wrecker Sales has merged with Santiam Enterprises, a builder of Jerr-Dan tow truck equipment in the Northwest, under the Rocky Mountain Wrecker Sales umbrella.
Zurn Water Solutions Corporation completed its combination with Elkay Manufacturing Company, creating Zurn Elkay Water Solutions. Elkay shareholders received approximately 51.6 million shares of Zurn common stock, owning about 29% of the combined company.
Electro-Mechanical LLC, a manufacturer of medium voltage switchgear and electrical apparatus, has acquired Powercon Corporation, a provider of custom-designed medium voltage switchgear, e-houses, and modular substation power systems.
Enercon Engineering, a designer and manufacturer of custom power equipment and industrial enclosures, has been acquired by Generac Holdings Inc.
Nordic Semiconductor has entered into an agreement to acquire Mobile Semiconductor, a U.S. company specializing in embedded memory technology for MCUs and SoCs. The acquisition brings in-house the SRAM technology used in Nordic's wireless IoT devices.
NKT has signed a contract for engineering, manufacturing and installation of a 400kV DC transmission line for the Champlain Hudson Power Express project in the US. The contract is valued at more than EUR 1.4 billion and is subject to financial close expected in Q3 2022.
Austal USA has been awarded a contract worth up to US$3.3 billion for the detail design and construction of up to 11 Offshore Patrol Cutters for the United States Coast Guard. Construction is expected to commence in 2023 at Austal USA's new steel shipbuilding facility in Mobile, Alabama.
Aisin Drivetrain Inc. will invest over $55 million to expand its Crothersville, Indiana manufacturing operations, creating up to 141 jobs by end of 2024. The expansion will support production of hybrid electric rear axle assemblies and electric water pumps.
ArcelorMittal completed the acquisition of a majority stake in voestalpine's state-of-the-art HBI (hot briquetted iron) facility in Texas.
O-I Glass broke ground on a glass container plant in Bowling Green, Kentucky, with a multiphase investment of up to $240 million creating up to 140 jobs; the project was first announced in July 2022.
Welch Packaging reported an expansion of its Indianapolis operations with a new 98-inch Fosber corrugator. The announcement was made in July 2022.
Parker Aerospace's Irvine operations won a $444 million contract from the Defense Logistics Agency and U.S. Air Force for support of actuators on A-10, E-3, F-15, F-16 and KC-135 aircraft, with more than 50 hires expected. The award was reported as made in July 2022.
Bosch Rexroth, a Bosch subsidiary based in Lohr am Main, Germany, agreed to acquire US hydraulic valve maker HydraForce, with the purchase price undisclosed and subject to antitrust approval. The contract was signed on 15 July 2022.
Tellurian awarded Baker Hughes a contract for electric-powered ICL compressors and turbomachinery for the 37-mile Lines 200 and 300 natural gas pipeline in Louisiana that will supply the Driftwood LNG plant. The equipment will cost $240 million.
AQUASGROUP closed on a new facility in East Providence, Rhode Island, adding 25,000 square feet of high space to expand services and production capacity.
Arsenal Medical was granted a contract of more than $14 million from the U.S. Army to complete clinical and manufacturing development and regulatory submission for its ResQFoam trauma product.
Textron Aviation Defense received a $90,686,042 contract modification for the procurement of eight T-6C aircraft, spare parts, and support for Tunisia. Work will be performed in Wichita, Kansas, and is expected to be completed by September 30, 2026.
Eco Safety (ESP) of Phoenix, Arizona, acquired Soy Technologies, a Lexington, Kentucky-based specialty chemical manufacturer. The acquisition includes all brands and intellectual property; production is expected to commence by mid-July 2022.
Vestas received an 86 MW order from SMUD to repower the Solano Wind Project Phase 4 in California with 19 V150-4.5 MW turbines, replacing legacy V47-660 kW turbines, including an EPC contract.
A joint venture between Amentum and InDyne, Reliance Test and Technology, received an $80.8 million contract modification from the U.S. Navy for flight test and training support at Patuxent River, Maryland, through June 2023.
A group of lenders including Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management and China Everbright Ltd. have taken over American textile fiber manufacturer Lycra from Shandong Ruyi Group after Ruyi defaulted on a $400 million loan.
Coloplast has been awarded an AscenDrive Agreement for ostomy products with Premier, Inc., a group purchasing organization.
Renovare Environmental notified local officials that its West Virginia mechanical biological treatment facility will be closed indefinitely, and laid off multiple employees.
Precision Marshall, owned by Live Ventures Inc., acquired Kinetic Co., an industrial knife company, for $26 million, expected to increase its steel segment's annual revenue by $20 million.
AECOM was awarded a contract by the Water Utility of the City of Madison to design the first municipal PFAS treatment facility in Wisconsin, including engineering design for PFAS treatment systems and well equipment upgrades.
Green Bay Packaging Inc. acquired Interstate Packaging Corp., a corrugated products manufacturer in Albert Lea, Minnesota, effective June 30, 2022. The facility serves south central Minnesota, southwest Wisconsin, Iowa and eastern South Dakota.
Howden was awarded a contract to supply three hydrogen diaphragm compressors for Raven SR's renewable hydrogen production facility in California, US.
Phillips 66 has agreed to expand its use of CruxOCM's pipeBOT robotic process automation technology to cover more pipelines. The value of the deal was not disclosed.
Circularix, a joint venture of HPC Industries and Macquarie Group, plans to build and operate five PET recycling facilities across the U.S. with a total annual capacity of over 275 million pounds of rPET resin. The first facility in Hatfield, Pennsylvania, is expected to be operational by December 2022.
The LYCRA Co. announced that a group of financial institutions (Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Ltd.) have gained full equity control of the company, following the conclusion of a receivership process related to loan defaults by former parent Ruyi Textile and Fashion International Group.
Telair, a TransDigm Group company, has been selected by Kansas Modification Center and NIAR WERX to supply the main deck cargo handling loading system and floor panels for the KMC 777-300ERCF freighter conversion program.
Rocky Mountain High Brands' subsidiary, Rocky Mountain Productions, upgraded its reverse osmosis and deionized water systems and acquired additional machinery and equipment to increase production capacity and versatility at its co-packing facility.
Boston Centerless announced the opening of a 16,000-square-foot production facility in southeast Fort Wayne, Indiana, creating up to 20 new jobs and investing up to $619,000 by the end of 2023. It is the company's first facility outside its Woburn, Massachusetts headquarters.
Tellurian Inc. awarded Baker Hughes a contract to provide electric-powered Integrated Compressor Line (ICL) technology and turbomachinery equipment for Lines 200 and 300 of the Driftwood Pipeline project in Beauregard and Calcasieu Parishes, Louisiana. The initial pipeline investment is $240 million.
Electronic Components, Framingham, Massachusetts, won a $121,339 federal contract from the Defense Logistics Agency for digital microcircuits.