SAERTEX multiCom opened a new production and warehouse building in Huntersville, North Carolina, investing over $20 million and creating more than 40 jobs. The facility produces GRP liners for trenchless pipe rehabilitation.
Daldorado has relocated its fiberglass production facility from Florida to the Midwest, expanding capacity and introducing new products. The new facility is larger, climate-controlled, and FDA/OSHA certified.
CarbonBuilt and Blair Block announced an agreement to retrofit a production line at Blair Block's facility in Childersburg, Alabama, using CarbonBuilt's low-carbon concrete technology to produce over 2 million blocks per year with over 80% reduction in carbon intensity.
voestalpine RFC Aerospace has chosen a MODIG HHV3 machining solution for machining extrusions and bars. The order includes a horizontal machining center for processing long extrusions from 3 to 30 feet.
Medtronic signed an agreement with Acutus Medical to acquire its left-heart access portfolio, including the AcQCross and AcQGuide product lines, for exclusive distribution and eventual ownership.
Giga Carbon Neutrality Inc (GCN) has signed a Memorandum of Understanding to acquire a majority stake in Admiral Corporation of America Inc and its subsidiaries.
Gorman-Rupp agreed to acquire the assets of Fill-Rite and Sotera, a division of Tuthill Corporation, for $525 million, or about $445 million net of expected tax benefits. The deal is expected to close in the second quarter of 2022.
Hydro Aluminum Metals USA, LLC plans to construct a new facility in Cassopolis, Michigan, to support the electric vehicle market. The project represents a total capital investment of $150 million and will create up to 67 jobs.
NIM Group has entered into a definitive agreement to acquire Plateplus, Inc.'s Tulsa, Oklahoma facility. The transaction is expected to close on April 29, 2022.
Safran Electrical & Power and Safran Ventilation Systems signed a five-year exclusive contract with AJW Group to maintain electrical generators, contactors, and ventilation systems for over 350 Airbus A320 and A330 aircraft.
May River Capital formed Automated Handling Solutions by combining Spiroflow and Cablevey Conveyors, creating a material handling equipment and automation platform.
Nucor Corporation has placed an order with Fives Group for two galvanizing lines for its new sheet mill in West Virginia. Each line will have an annual capacity of 500,000 metric tons.
Novaria Group has signed a definitive agreement to acquire FMi Chemical, a supplier of nonmetallic aerospace sealants and coatings. The transaction is expected to close in May 2022.
Konecranes has received an order from the Port of Savannah in Georgia, USA, for 22 container cranes. The value of the order was not disclosed.
The Georgia Ports Authority has ordered 7 STS cranes and 15 RTG cranes from Konecranes for the Port of Savannah. The order was booked in Q1 2022, with RTGs delivered by August 2023 and STS cranes by mid-2025.
Trelleborg Sealing Solutions has signed and finalized the acquisition of EirMed, LLC, a US-based company specializing in precision plastic injection-molded components for medical devices, with sales of approximately SEK 100 M in 2021.
BAE Systems has made a multimillion-dollar investment in its Endicott, New York facility that develops and manufactures subsystems for electric aircraft, including energy storage, controls and power conversion systems.
Seadrill has secured contracts for two drilling rigs in the U.S. Gulf of Mexico: a four-well extension for the West Neptune drillship with LLOG worth $71 million, and a three-well extension for the Sevan Louisiana semi-submersible with Talos worth $34 million.
Imerys has announced a capacity expansion and optimization investment at its Sylacauga, Alabama plant, the Group's largest North American site. The plan includes new industrial equipment and automation upgrades to nearly double current equipment capability, supporting growing demand for Ground Calcium Carbonate products.
Terumo Blood and Cell Technologies received a $10.6 million contract from MTEC, sponsored by the U.S. Defense Health Agency, to continue development of freeze-dried plasma.
MACOM Technology Solutions Inc. received a contract from the U.S. Department of Defense to develop a 45-kilowatt RF transmitter using GaN technology.
Wolfspeed announced that Lucid Motors deploys its silicon carbide power device solutions in the Lucid Air electric vehicle.
Wolfspeed officially opened its Mohawk Valley Silicon Carbide fabrication facility in Marcy, N.Y., a 200mm wafer fab for silicon carbide-based semiconductors. The facility will support production for customers including Lucid Motors.
The Port of Albany awarded a $42.7 million contract to CDMG Building Systems of Pennsylvania to purchase four metal buildings that will serve as the centerpiece of the nation's first offshore wind tower manufacturing plant.
Advanced Energy Industries, Inc. completed the acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. The acquisition adds complementary products to Advanced Energy's medical power offerings and extends its presence in industrial markets.
Bayou Metal Supply, part of the Eastern Shipbuilding Group team, was awarded the start of fabrication for the fourth United States Coast Guard Offshore Patrol Cutter. The company is building modular aluminum panels and parts for the four ships under construction.
Parker Hannifin plans to add 52 employees at its Colorado Springs facility to expand its engine mobile aftermarket division, manufacturing fuel and oil filters for automotive and medium-duty trucking. Total local workforce will grow to over 70.
PTG Holroyd received an order for its 17th EX Series rotor milling machine (model 3EX-R) from a leading air compressor manufacturer. The machine will be built at PTG Holroyd's Rochdale facility and installed at the customer's North American plant to produce rotors for portable and stationary air compressors.
Leonardo DRS Naval Power Systems won a potential five-year, $72.8 million contract from the U.S. Navy for low-rate initial production of a shipboard energy magazine. Work will be performed in Menomonee Falls, Wisconsin and Joplin, Missouri.
ERYTECH and Catalent have entered a long-term supply agreement for the clinical and commercial supply of eryaspase (GRASPA).
Catalent has acquired ERYTECH's U.S. cell therapy manufacturing facility for $44.5 million. The companies also entered a long-term supply agreement for eryaspase (GRASPA).
Summit Carbon Solutions said it hopes to buy 51 carbon dioxide reciprocating compression packages for $113.5 million from Xebec Adsorption under a memorandum of understanding, with completion expected by the end of Q3 2023. The packages will be built at Xebec Systems USA's Colorado facility for a planned $4.5 billion carbon capture project.
Novvia Group acquired Southern Container, a Dalton, Georgia distributor of intermediate bulk containers, plastic and steel pails and drums, and other rigid packaging. The terms were not disclosed. The deal closed on April 25, 2022.
Straub Brewery announced that St. Marys Box Company is manufacturing eco-friendly cases for its 16 oz. returnable glass bottles, starting a long-term collaboration. The announcement was made around Earth Day 2022.
Hunt Valve Company completed its acquisition of Pima Valve, a Chandler, Arizona maker of severe-duty bronze marine valves, serving the U.S. Navy and industrial customers. The deal was announced on April 25, 2022.
Anchor Packaging LLC announced the acquisition of Panoramic Inc., a rigid food packaging company located in Janesville, Wisconsin.
Biomerics, a contract manufacturer for medical devices, merged with Northeast Laser & Electropolish (NLE) of Monroe, Connecticut, to form a new metals division called Biomerics NLE. The merger was announced on August 1, 2019.
Thermo King announced plans to expand its operations in Greenville County, South Carolina, with a $30 million investment that will create 220 new jobs and add nearly 300,000 square feet of manufacturing capacity. The site is expected to be operational by mid-2023.
Pratrivero USA Inc., a division of Pratrivero Nonwovens, is investing $17.6 million to establish a stitchbond nonwoven fabric manufacturing and distribution facility in Orangeburg County, South Carolina, creating 34 jobs.
DAK Americas LLC plans to invest $54 million over 2021-2025 in building and machinery upgrades at its Sandy Run, Calhoun County operations, following the creation of 75 new jobs in 2021.
Nova Tube and Steel, an entity of Nova Steel Inc., is constructing a $105 million facility near Delta, Ohio, to produce hollow structural sections and standard pipe. The facility will create 102 jobs and occupy over 250,000 square feet.
Parts Authority, an automotive and truck parts distributor, acquired Gem Auto Parts Co. Inc., a six-location auto parts supplier based in Chelsea, Massachusetts. The transaction was finalized on April 22, 2022.
Lockheed Martin has opened a new facility in Davidsville, Pennsylvania, to produce parts for F-16 fighter jets. The company plans to hire 80 mechanics and technicians, with 20 already working there.
LGH has opened a new 26,000-square-foot warehouse in Norcross, Georgia, doubling the size of its previous site to serve the Southeast region with lifting, rigging, hoisting, and material handling equipment rentals.
Sandy Alexander, a Snow Peak Capital portfolio company, has acquired Abbott Communications Group (ACG).
Snow Peak Capital has acquired TurbineAero, Inc., the world's largest independent provider of MRO services for aircraft auxiliary power units and aeroengine components.
Snow Peak Capital has sold a majority interest in Dalco-GFT Nonwovens, a manufacturer of needle-punched nonwoven specialty fabrics, to Arvind Advanced Materials Limited, a subsidiary of Arvind Limited. Snow Peak and CEO Joey Duncan retain a minority stake.
Munters is expanding its dedicated production facility in the US for data center solutions in 2022 to meet high demand.
Marel acquired Sleegers Technique, a specialist in slicing, interleaving, and modular machine construction for the food industry, on April 22, 2022. The terms of the transaction were not disclosed.
New South Construction Supply signed a letter of intent to acquire American Contractors Supply (ACS), a distributor of tilt-up products based in Atlanta, Georgia. The acquisition is expected to close in the second quarter of 2022, and ACS will operate under the New South name.