Sivers Semiconductors has completed the integration of MixComm, creating a global challenger in 5G, SATCOM and radar. The integration entails synergies of approximately SEK 10 million per year.
AZZ Inc. will contribute its AZZ Infrastructure Solutions segment to a joint venture and sell a 60% interest to Fernweh Group at an implied enterprise value of $300 million. The transaction is expected to close before end of 2022.
Select Milk Producers has acquired Mill Haven Foods, a custom blender and packager of dry dairy ingredients. The acquisition was announced on June 21, 2022.
Leonardo DRS Inc. and RADA Electronic Industries Ltd. entered into a definitive agreement to merge in an all-stock transaction. RADA shareholders will own approximately 19.5% of the combined company, which will retain the name Leonardo DRS and trade under the symbol 'DRS'.
ENPRESS LLC acquired Applied Process Equipment (A.P.E.) of Scottsdale, Arizona, a leader in commercial and industrial water filtration solutions. The acquisition adds vertical integration in water treatment for commercial and industrial applications.
Schweitzer-Mauduit International (SWM) and Neenah announced that the combined company from their pending all-stock merger of equals will be named Mativ, Inc., with expected close around July 1, 2022, subject to approvals.
ARCH Cutting Tools acquired New York State Tool, a custom-made solid round carbide tools manufacturer for aerospace and defense, based in Chadwicks, New York. Terms were not disclosed.
Invista's polymers business will invest in its Camden, South Carolina facility to transform it from carpet fiber to nylon 66 polymer production, increasing supply capacity for the merchant market. Construction begins later in 2022 and is expected to be completed in 2024.
Wilo SE officially opened its Wilo USA headquarters in Cedarburg with a 244,000-square-foot building that expands manufacturing and production, after a ribbon-cutting on June 21, 2022.
Keiding, Inc., a Milwaukee-based maker of molded pulp protective packaging, is opening a second factory at N90 W14507 Commerce Drive in Menomonee Falls, Wisconsin, creating 20 manufacturing jobs. The facility is expected to open in November 2023.
Sprinkles Donut Shop is investing $606,998 in a new 10,919-square-foot central industrial kitchen at 3453 Quincy Street in Jamestown Charter Township, Michigan. The kitchen is expected to directly create 10 new jobs and enable wholesale production.
MFP Automation Engineering, a fluid power and automation company, is investing $824,013 in a 10,000-square-foot expansion of warehousing and office space at its existing facility in Jamestown Charter Township, Michigan. The expansion is expected to create five new jobs.
Zeus announced a multi-million dollar investment to expand its catheter manufacturing capacity worldwide, with the first phase underway at its San Jose, California facility, increasing its footprint by 127% to 32,000 square feet and doubling braiding and coiling capacity.
Austal USA has been awarded a $128 million contract to design and build an auxiliary floating dry dock for the U.S. Navy. The project will be the second steel project performed on the company's new steel panel line in Mobile, Alabama.
Fincantieri Marinette Marine awarded Philadelphia Gear, a Timken company, a contract option to deliver main reduction gears for the future USS Congress (FFG-63), the second frigate in the Constellation class, with potential revenue over $150 million if all 10 frigates are built.
AstenJohnson announced the creation of AJ Nonwovens, a new division combining Eagle Nonwovens and Foss Performance Materials, and a new facility in Waco, Texas with two Dilo Needlepunch lines, to increase production capacity and serve customers in the South and Mexico.
Acoustical Sheetmetal Company (ASC) will invest $45.8 million to expand its operations with a new 250,000-square-foot building in Virginia Beach, creating 350 new jobs. The expansion is on track to be completed in early 2027.
Intech, a medical device manufacturer, broke ground on a $23.5 million, 40,000-square-foot expansion to its Athens, Alabama facility. The expansion will create 30-50 new jobs and is expected to be completed in summer 2023.
Aurubis AG broke ground on a €300 million multimetal recycling plant in Augusta, Georgia, with capacity to process 90,000 tons of complex recycling materials annually, creating over 120 jobs and expected to be operational by mid-2024.
Italian food-service equipment maker Ali Group secured conditional EU antitrust approval for its $3.4 billion acquisition of Welbilt, agreeing to divest Welbilt's global ice-making machine business including three manufacturing facilities in China, Mexico and the United States.
Jeryong Electric has signed a contract with Public Service Electric and Gas Company (PSE&G) to supply 22 types of 3-phase pad-mounted transformers. The contract is valued at 19.5 billion won and runs until December 31, 2023.
Babcock Power Inc., a provider of energy-related products and services, acquired Renewable Concepts Inc., a U.S. provider of maintenance and service solutions for the wind-power industry. Terms were not disclosed.
The U.S. Department of Defense selected Qorvo to participate in the Starry Nite program to develop and mature open state-of-the-art RF GaN foundries. Qorvo's technology will secure domestic high-volume manufacturing of 90 nm GaN foundry processes for defense applications.
Shafer Services Plus, a San Antonio-based HVAC and plumbing company, merged with Braune Air Conditioning & Heating of Lockhart, Texas. The merger creates one of Texas' largest plumbing and HVAC businesses and expands Shafer's service area along the IH35 corridor.
Babcock Power Renewables LLC, a subsidiary of Babcock Power Inc., acquired substantially all assets of Renewable Concepts Inc. and its affiliate R. Tinsley Projects Inc., providers of maintenance and service solutions for the wind power industry.
FUJIFILM Imaging Colorants, Inc. celebrated the opening of its first U.S. dispersion manufacturing facility in New Castle, Delaware, a $19 million investment that will create over 21 jobs. The facility produces aqueous ink inkjet dispersions.
Wheel Pros has acquired Transamerican Auto Parts Company (TAP), a vertically-integrated manufacturer and distributor of off-road Jeep and truck accessories. Terms were not disclosed.
Peninsula Polymers has been awarded national distribution rights in the US for Arkema Rheology & Specialty Additives (Coatex) products in the Coatings, Adhesives and Sealants, and Elastomers (C.A.S.E.) markets, effective July 1, 2022.
Komatsu has partnered with Poland-based Becker-Warkop to produce a set of Joy custom-designed longwall powered roof supports (PRS) for Warrior Met Coal's operations in the US. The supports will include Joy's Faceboss RS20s roof support controls.
The final aft section of the T-7A Red Hawk trainer aircraft for the US Air Force arrived at Boeing from Saab, and the sections were joined. The US Air Force awarded Boeing a $9.2 billion contract for 351 T-7A trainers, 46 simulators and support.
SRM Concrete has acquired Young Trucking, the largest bulk cement transporter in southwest Florida. The acquisition is SRM's second in cement distribution.
Humanetics announced the acquisition of mg-sensor GmbH, a specialist in sensors, data acquisition and calibration services. The deal adds sensor capabilities to Humanetics' safety and digital portfolio.
Illinois-based Rockford Spring Company will invest $10.3 million to locate new manufacturing operations in an existing facility at 1100 Garrett Parkway in Lewisburg, Marshall County, Tennessee, creating 62 jobs. The announcement was made on June 16, 2022.
Watson Gravel has awarded Supreme Manufacturing a contract to build a 16-cu.-yd. gantry-style clamshell dredge for its sand and gravel operation in Ross, Ohio. The dredge will have a 200-ft. digging depth.
BID Group has entered into an agreement to acquire Smith Sawmill Service, a supplier of saws, cutting tools and filing room equipment to the wood processing industry. The transaction is expected to close in Q3 2022.
Karman Space & Defense, backed by Trive Capital, has partnered with Cornerstone Research Group to acquire the MG Resin family of technologies for ultra-high temperature composite applications in space and defense.
The U.S. Department of Veterans Affairs has again awarded Medline a contract valued at $150 million annually to be the sole distributor of non-pharmaceutical medical supplies for the CMOP program, delivering over 4.5 million supplies directly to veterans' homes.
Dio signed a supply contract with a large US dental distributor for DioNavi and implant products. The distributor is Nasdaq-listed with 100,000 dental accounts and 60 sales locations. Sales are expected from Q3 2022.
Amphenol and ABB Installation Products announced a collaboration to expand high-performance conduit solutions for transportation, industrial and robotics applications. The alliance will combine ABB's conduit product lines with Amphenol's cable assemblies and connectors.
The Georgia Ports Authority has ordered 7 ship-to-shore cranes and 15 rubber-tired gantry cranes from Konecranes for the Port of Savannah. The RTGs will be delivered by August 2023 and the STS cranes by mid-2025.
WHI Global, LLC was selected by Sikorsky, a Lockheed Martin company, to produce cockpit escape hatches and transition kits for the CH-53K Heavy Lift Helicopter. The contract is valued at over $60 million.
Innovative Hydraulics was awarded a $11.3 million contract to design and manufacture custom hydraulic cylinders for the intake gates of McNary Dam in Umatilla, Oregon, supporting Knight Const. & Supply under the U.S. Army Corps of Engineers.
Flowserve was awarded a contract to supply 5,000 industrial process pumps to TMGcore, a Texas-based high-performance computing firm, for its immersion cooling units, with AGI Industries collaborating on the supply.
John Deere announced a collaborative supply agreement with Wacker Neuson to produce and distribute compact excavators under 5 metric tons for the North American market. Wacker Neuson will design and build Deere-branded models at its plants in Menomonee Falls, Wisconsin, and Linz, Austria.
Raytheon Technologies' Pratt & Whitney Military Engines received a $4.385 billion contract modification for production and delivery of Lot 15 and 16 F-35 propulsion systems, including 178 engines and spares. Work is expected to be completed by September 2024.
Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Microwave Dynamics, a leader in high-precision microwave and millimeter wave components for aerospace, defense, and industrial markets.
AeroVironment received a $6,166,952 firm-fixed-price contract from the U.S. Marine Corps for Puma 3 AE small unmanned aircraft systems and spares, with delivery expected by July 2022.
Chemtros' specialty adhesive material has been selected for use in camera modules for a major North American electric vehicle manufacturer, following Samsung Electro-Mechanics' multi-year camera module supply contract with that automaker.
Terumo Blood and Cell Technologies has inaugurated a new $250 million manufacturing facility in Douglas County, Colorado. The 170,000 sqft plant will produce single-use collection sets for the Rika Plasma Donation System.
Steel Partners Holdings has signed a definitive merger agreement to acquire the remaining common stock of Steel Connect for $1.35 per share in cash plus a contingent value right. The merger is expected to close in the second half of 2022, making Steel Connect a wholly owned subsidiary.