Alphacore, Inc. entered into an exclusive agreement with Quantum Leap Solutions to sell and distribute its analog, mixed-signal, and RF IC design products to technology companies across North America.
Baker Hughes was awarded a contract by Tellurian's Driftwood Pipeline to supply electric-powered Integrated Compressor Line technology and turbomachinery for Lines 200 and 300 in southwest Louisiana, part of a $240 million pipeline investment.
Glen Raven, Inc. announced the next phase of a $250 million multi-phase expansion plan to increase fabric output, including new production facilities, a distribution center, and equipment upgrades in the U.S. The plan will create over 400 jobs and increase production capabilities by more than 30%.
BCI Steel Co. is partnering with Nextracker to manufacture solar tracker components at a former Bethlehem Steel factory in Leetsdale, Pennsylvania. The project will create up to 120 jobs over three phases and cost tens of millions of dollars.
Terminalift LLC has awarded a contract to Sigma Powertrain to supply EMAX multi-ratio gearbox transmissions for Terminalift's reach stacker vehicles, enabling electrification of port vehicles.
Primus Aerospace, sponsored by Angeles Equity Partners, acquired Raloid Corporation, a precision component manufacturer for aerospace, defense, and space programs. Financial terms were not disclosed.
The Defense Logistics Agency awarded Parker Hannifin a potential 10-year, $444.4 million contract to maintain actuators for A-10, E-3, F-15, F-16 and KC-135 aircraft.
BASF will increase production capacity for polyetheramines and tertiary amines at its Geismar, Louisiana site, with the expansion expected to be on-stream by mid-2023.
Sila Services, LLC has acquired Libertyville Unique Indoor Comfort, Inc., an HVAC contractor in Libertyville, Illinois. The terms were not disclosed.
II-VI Inc has received anti-trust clearance from China for its pending acquisition of Coherent Inc, with closing expected on or about July 1, 2022.
AEROMETALS won a $39,448 federal contract from the Defense Logistics Agency for aircraft structural panels.
General Dynamics NASSCO received a $500 million modification to a previously awarded contract to procure long-lead-time material in support of T-AO 211 and 212. Work will be performed at multiple locations and is expected to be completed by June 2027.
Boston Scientific will construct a new manufacturing and supply chain facility in Johns Creek, Georgia, with a $62.5 million investment, expected to create roughly 340 jobs over seven years.
INEOS Oligomers is expanding its High Viscosity PAO unit in LaPorte, Texas, by 50%, increasing capacity from 25 kTpa to nearly 40 kTpa. Completion is expected by mid-2025 to meet demand for wind turbines and industrial applications.
Defense Logistics Agency Aviation and Hill Air Force Base awarded Parker Aerospace a $444 million, ten-year performance-based contract to support actuators on multiple Air Force aircraft, signed June 28, 2022 at Hill Air Force Base, Utah.
German packaging maker Papier-Mettler acquired an industrial building in Moorefield, West Virginia, in May and will invest $48 million to create up to 100 jobs there, its first US production plant.
Caterpillar Inc. announced plans to move its global headquarters from Deerfield, Illinois, to its existing office in Irving, Texas.
Siemens Government Technologies was awarded a $295 million firm-fixed-price contract by the U.S. Army Corps of Engineers for procurement, installation, maintenance and service of building automation systems. Work will be completed by June 22, 2029.
Park Aerospace Corp. announced its commitment to fully support Airbus's planned A320neo production rates of 65 aircraft per month by mid-2023 and 75 per month by 2025. Park is the sole supplier of composite materials for the engine transcowl and thrust reverser components on A320neo aircraft with CFM LEAP-1A engines.
O'Neal Manufacturing Services has opened a 130,000-square-foot custom steel fabrication center in Fayette, Alabama. The company plans to invest over $4 million and create 80 jobs.
Manitou Group announced plans to invest $80 million in expanding its manufacturing facilities in Madison and Yankton, South Dakota. Construction is expected to begin in July 2022, with the expansion opening in 2023.
GlobiTech, a subsidiary of GlobalWafers, will establish an additional manufacturing facility in Sherman, Texas, creating 1,500 new jobs and generating billions in capital investment. The project will be the first new silicon wafer facility in the U.S. in over two decades.
Kruger Packaging's Elizabethtown team produced the first sheets of corrugated paper at its soon-to-open corrugated box plant, with construction continuing toward completion. The milestone was reported on June 27, 2022.
Hugg & Hall Equipment Co. acquired Southern Material Handling Co., a Toyota forklift dealership in Tulsa, Oklahoma. The deal expands Hugg & Hall's Toyota territory to cover all of Oklahoma.
Designatronics, Inc. announced it will acquire the manufacturing facility and business segment of Grobet USA in Cheyenne, Wyoming. The transaction is expected to close by August 1, 2022.
Entegris and CMC Materials received antitrust clearance from China's State Administration for Market Regulation for Entegris' acquisition of CMC Materials. The transaction is expected to close on or about July 6, 2022.
Century Mechanical Holdings acquired Copperhead Plumbing, Heating, Cooling & Electrical, a full-service plumbing, HVAC, and electrical solutions provider based in Bridgewater, New Jersey.
The joint venture of Woolpert and RS&H was selected by the U.S. Army Corps of Engineers Norfolk District for a five-year, $240 million IDIQ contract to provide architecture and engineering services for military and other agencies.
Hanley Energy will invest $8 million to open a new facility at 44381 Russell Branch Parkway in Ashburn, Virginia, expanding its Electrical division to serve the data center market. The project will create 343 new jobs.
ICG's North American Direct Private Equity team has completed the acquisition of Seaway Plastics Engineering, a provider of injection-molded components for medical and industrial markets. Financial terms were not disclosed.
Renovare Environmental, Inc. signed a non-binding letter of intent to merge with Harp Renewables and its affiliate Harp Electric Engineering. The transaction is subject to a definitive agreement and shareholder approval.
Gainwell Engineering opened its first U.S. location in Fayette County, West Virginia, and is building a new state-of-the-art manufacturing facility. The first phase is underway and expected to be completed in 2023.
Industrial Service Solutions (ISS) acquired full ownership of Servo South, Inc., a U.S.-based electronic and electromechanical service provider specializing in CNC machinery and automated manufacturing. The acquisition expands ISS's position in the industrial automation sector.
Metal Exchange Corporation acquired Medalco Metals Inc., a U.S. distributor of light gauge aluminum rolled products. Medalco will operate as a division of MEC.
Bioventus amended its agreement to acquire CartiHeal, reducing the closing payment to $50 million and deferring $215 million into tranches, with the acquisition expected to close by end of July 2022.
A permit was issued for a $24.4 million project at Polyplex Americas' Decatur plant, part of a $90 million expansion to add a second BOPET film line and create 100 jobs.
Johnson Controls acquired Tempered Networks, a zero-trust cybersecurity provider based in Seattle, Washington, to secure building data from edge to cloud using Airwall technology.
Narrow Aisle Ltd, UK-based manufacturer of Flexi Truck intralogistics solutions, announced a significant investment in its distribution capacity across the USA, South and Central America.
MilliporeSigma opened a €59 million, 70,000 square foot expansion of its high-potent active pharmaceutical ingredients (HPAPI) facility in Verona, Wisconsin, doubling production capacity and creating 50 new jobs. The facility was officially opened on June 23, 2022.
Crusoe Energy Systems LLC acquired Easter-Owens Electric Co., a manufacturer of modular data centers and specialized electrical systems, to vertically integrate data center design and manufacturing capabilities.
Hyundai Construction Equipment Americas announced a dealership agreement with Shafer Equipment to sell and service Hyundai wheel loaders and excavators in West Virginia.
Exponential Power, Inc. acquired MaeTec Power, Inc., a provider of DC power services for telecom and broadband industries, expanding its national reach. This is Exponential Power's third acquisition in four months.
Vista Metals Georgia broke ground on a $30 million casthouse expansion project at its Adairsville, Georgia facility, including a 7th aluminum casthouse, melting furnaces, homogenizing ovens, and a new finishing facility. Expected to be fully operational in 2024.
West Pharmaceutical Services broke ground on a 37,000-square-foot expansion of its manufacturing facility in Williamsport, Pennsylvania, including a new product mixer line and production equipment.
AJ Manufacturing opened a new 55,000-square-foot fabrication and warehouse facility in Kansas City, Missouri, for commercial HVAC equipment, including HEPA filtration units and hospital operating room ceiling systems.
OneWater Marine signed a definitive agreement to acquire Ocean Bio-Chem, a supplier of marine appearance and maintenance products, for approximately $125 million in an all-cash transaction.
Bio-Techne Corporation reached an agreement to acquire Namocell, a provider of single cell sorting and dispensing platforms, to complement its Cell and Gene Therapy franchise.
Evoqua Water Technologies signed a definitive agreement to acquire Smith Engineering, a provider of custom high purity water treatment equipment, to enhance its portfolio and expand its North American service footprint.
Core Industrial Partners portfolio company Re3Dtech acquired GoProto, a provider of custom manufacturing services, to form an additive manufacturing platform focused on production parts using Industry 4.0 capabilities.
TELAIR has been selected by Kansas Modification Center and NIAR WERX to supply the main deck cargo handling loading system and floor panels for the Boeing 777-300ERCF passenger-to-freighter conversion program.