The Radant Technologies Division of Communications & Power Industries (CPI) acquired AdamWorks, a composite structures manufacturer for aerospace and defense. AdamWorks is based in Centennial, Colorado.
Airbus announced a third final assembly line for A320 aircraft at the Mobile Aeroplex at Brookley, creating 1,000 new jobs. The 350,000-square-foot facility will break ground in the first half of 2023 and begin production in Q2 2025.
Modular Devices Acquisition, a portfolio company of O2 Investment Partners, acquired Cardiac Services Mobile Inc. in Nashville. The acquisition adds nearly 33 percent more capacity to existing infrastructure.
Premix, Inc. was awarded a $79.9 million contract by the U.S. Department of Defense to establish a plastic compound manufacturing plant in Gaston County, North Carolina, to produce materials for diagnostic testing. The facility is planned to be operational by September 2025 and will employ about 30-35 people.
Saur has signed an agreement to acquire Veolia's European Mobile Water Services division for approximately €190 million, expanding its industrial water activities in Europe. The transaction is subject to regulatory approvals.
Marvell has announced a definitive agreement to acquire privately-held Tanzanite Silicon Solutions, a developer of Compute Express Link (CXL) technologies, in an all-cash transaction to strengthen its cloud-optimized CXL portfolio.
Dover agreed to acquire Malema Engineering, a Boca Raton, Florida designer of high-precision flow-measurement instruments for biopharma and semiconductor production, announced May 9, 2022. Malema will join Dover's PSG business unit within the Pumps & Process Solutions segment.
M&M Carnot has begun building industrial transcritical CO2 refrigeration systems in a new leased 25,000 sq ft factory in Federalsburg, Maryland, with a further 25,000 sq ft planned.
Welch Packaging, based in Elkhart, Indiana, bought a 98-inch Fosber corrugator for a new operation at 4200 Industrial Blvd in Indianapolis, expected to add at least 50 jobs.
Nashville Box has started manufacturing at its 100,000-square-foot corrugated box plant in Lebanon, Tennessee, after installing converting lines, announced May 2022.
Heartland Home Services acquired Williams Refrigeration & Heating, a residential and commercial HVAC services company based in Warren, Michigan. The transaction closed on May 6, 2022.
Parker Hannifin Corp. was awarded a USD 43 million firm-fixed-price, requirements contract by the Naval Supply Systems Command for repair of 10 components in support of F/A-18 aircraft hydraulic systems. Work will be performed in multiple locations and is expected to be completed by May 2024.
In-Pipe Technology (IPT) was awarded a three-year contract by the Oklahoma City Water Utilities Trust to control fats, oils, and grease in the city's wastewater collection system, extending a 10-year relationship.
Doyle Equipment Manufacturing and Riverview Manufacturing are expanding in Palmyra, Missouri, with an estimated $1 million investment and 30 new jobs. The project adds 80,000 square feet of production space for dry fertilizer handling equipment.
BICO acquired all shares of San Diego-based Allegro 3D Inc. for an upfront enterprise value of USD 6 million, plus up to USD 5 million in earnout. The acquisition adds light-based 3D bioprinting technology to BICO's portfolio.
InterSky Precision Aerospace acquired T-Aerospace LLC, an asset purchase to expand MRO services for cargo, commercial and military aviation. T-Aerospace will operate as an independent unit in Memphis, Tennessee.
Spinal Simplicity, a medical device company, acquired Intralink-Spine and its injectable spinal disc stabilization product. The deal includes a novel technology using naturally derived compounds.
Uponor North America opened a $5.5 million, 25,000 sq ft expansion of its Hutchinson, Minnesota facility, raising PEX-a pipe extrusion capacity by more than 10%.
Premix Inc. received a $79.9 million contract from the US Department of Defense and Department of Health and Human Services to build a plastic compound manufacturing plant in Gaston County, North Carolina, producing materials for diagnostic testing applications.
B&G Foods has acquired the frozen vegetable manufacturing operations of Growers Express, including inventory, equipment, a sublease for a facility in Yuma, Arizona, and a lease for a warehouse in San Luis, Arizona. Approximately 155 employees will transfer to B&G Foods.
Morgan Automation partnered with Siemens to install motion control and material handling systems for three automated cranes at Big River Steel's greenfield steel mill in Arkansas, handling 30,000 tons of steel daily.
SEMCORP Advanced Materials Group announced a $916 million investment to build a manufacturing facility in Sidney, Ohio, producing separator film for EV batteries and creating nearly 1,200 jobs.
Industrial Service Solutions and Wabtec Transportation Systems signed a three-year agreement to deliver low-carbon primary and backup power systems in the Western Hemisphere, combining Wabtec's reduced-emissions generators with ISS battery storage.
MaxLinear has entered into a definitive agreement to acquire Silicon Motion in a cash and stock transaction valued at $3.8 billion. The combined company will have an enterprise value of $8 billion.
Cox Engineering announced its acquisition of US Air Conditioning-Heating, Inc., a Weymouth-based HVAC servicing company. US Air will continue to operate as a division of Cox Engineering.
Rambus Inc. announced it has signed an agreement to acquire Hardent, Inc., a leading electronic design company, to accelerate development of CXL processing solutions for next-generation data centers.
J.H. Fletcher & Co reached an agreement in principle to acquire the Cannon Mining product lines from Lake Shore/Trident, including underground mining equipment such as jumbos, bolters, and scalers. The acquisition is expected to close in May 2022.
Tri-City Extrusion Inc. will invest $30.8 million to expand its manufacturing operations in Bristol, Tennessee, constructing a new 120,500 sq ft facility with a 5,550-ton press. The expansion will create 51 new jobs.
McCarthy Building Companies completed a $270 million expansion of the Tomahawk Creek Wastewater Treatment Facility in Leawood, Kansas, including dual-use disk filtration systems.
Cerrowire broke ground on a 270,000 sq ft Metal Clad cable facility in Hartselle, Alabama. The $100 million investment will create over 80 jobs initially, rising to 120 within three years, with completion slated for January 2023.
Cerrowire announced a $100 million expansion of its Morgan County factory in Hartselle, Alabama, with a new 270,000-square-foot facility to produce metal clad cable. The project is expected to create 130 jobs.
CONMED Corporation announced a definitive agreement to acquire In2Bones Global for $145 million at closing plus up to $110 million in earnout payments. In2Bones develops medical devices for extremities surgery.
Three 5USt capacity overhead cranes were installed at a JR Automation/Setpoint facility in Ogden, Utah, as part of an expansion project. The cranes were supplied by R&M Materials Handling and installed by Hoj Innovations.
Atlas Tube, a division of Zekelman Industries, opened a new steel mill in Blytheville, Arkansas, dedicated to producing Jumbo Hollow Structural Sections. The $150 million project is expected to create over 75 jobs.
Marmon Aerospace & Defense has broken ground on a new 80,000-square-foot manufacturing facility in Hooksett, New Hampshire, with a $30 million investment, expected to be completed by fall 2023 and create 20 production jobs.
Saab will manufacture the aft section of the T-7A Red Hawk trainer jet at its new facility in West Lafayette, Indiana, with over $100 million invested. Production is expected to start in 2023, and the company plans to hire up to 300 employees by 2027.
Summit Interconnect, majority-owned by Lindsay Goldberg, has announced the acquisition of Royal Circuit Solutions, a provider of quick-turn, advanced technology prototype printed circuit boards.
EMCORE Corporation was awarded an initial contract valued at $650,000 by a major international weapons systems manufacturer for multiple SDI170 MEMS Inertial Measurement Units (IMU) for precision-guided munitions. The contract is for qualification, with potential for higher volume orders within 6-12 months.
good natured Products Inc. entered a definitive agreement to acquire the business and operating assets of FormTex Plastics Corporation, a Houston custom plastic packaging manufacturer, for $4.8 million USD cash, subject to closing adjustments.
Girard Equipment has established a new all-in-one headquarters in Vero Beach, Florida, housing its expanded foundry, machine shop, assembly lines and offices. The move is presented as a way to gain efficiencies and keep prices stable amid inflation.
Inline Plastics opened a new manufacturing plant in Gladwin, Michigan, at the former Cam Packaging facility, to increase capacity for PET food packaging production.
House of Design LLC announced a definitive agreement to acquire Go West Robotics Inc., a software developer for industrial automation and robotics. The acquisition aims to strengthen House of Design's robotic engineering and software capabilities for the construction sector.
Huvis, through its investment subsidiary Huvis Global, signed an agreement to purchase a 25% stake in Soliyarn, a US advanced smart textile startup. The deal was announced on May 3, 2022.
Cook Medical celebrated the opening of a new $15 million manufacturing facility in Indianapolis, operated by Goodwill of Central & Southern Indiana, producing medical devices such as drainage catheters and needles, and expected to employ 100 to 200 people.
BID Group announced a $10.6 million strategic capital investment to expand and automate its St. George, South Carolina operations, including facility expansion and acquisition of the adjacent Dover Hydraulics South facility, creating over 20 jobs.
Elastec, Inc. acquired the entire product line and assets of Kepner Plastics Fabricators, Inc., a custom plastic fabricator and oil spill response equipment manufacturer, as of April 29, 2022.
DePue Mechanical has been hired as the Prime General Contractor for a chiller replacement project at the Henkel Cannon Falls location.
Columbiad Fabrication and Aviation, LLC will invest $4.8 million to expand its manufacturing operations in Henry County, Tennessee, by purchasing a building in Puryear and relocating from Paris, creating 144 new jobs over five years.
Titan Medical received a $2.6 million purchase order from Medtronic for instruments and cameras for preclinical activities and evaluation as a potential manufacturing partner.
SHARC International Systems received a purchase order from California/Columbia Hydronics Corporation for a SHARC Wastewater Energy Transfer system to be installed in Seattle, taking advantage of King County's pilot program.