TJM Capital Partners purchased the Machine Tool Solutions Division of the UK's 600 Group, including Colchester Machine Tool Solutions and Clausing Industrial, on April 8, 2022.
Nucor will invest $350 million to build a new micro mill steel plant in Davidson County, Lexington, North Carolina, creating 180 jobs. The plant will produce steel bar and rebar with an estimated capacity of 430,000 tons of rebar per year.
Summit Supply, a division of All States Ag Parts, acquired Dominion Equipment Parts, an OEM parts distributor for Morooka rubber track carriers and aftermarket rubber tracks and undercarriage parts.
Littelfuse agreed to acquire C&K Switches from Sun Capital Partners for $540 million. C&K is a maker of electromechanical switches headquartered in Waltham, Massachusetts, with annualized sales over $200 million.
West Michigan Tool & Die is expanding its operations in Benton Harbor Township, Michigan, with a $3.4 million project expected to create 22 jobs. The company will add a bay and reconfigure its machining building.
Summit Packaging Systems broke ground on a 77,000-square-foot facility expansion in Racine, Wisconsin, a $20 million project expected to create about 145 jobs and to be completed within 12 months.
EN Engineering announced the acquisition of TG Advisers, LLC, a steam and gas turbine, generator, and utility plant consultant based in Wilmington, Delaware. The acquisition complements EN's power services team.
Encina announced plans to invest $1.1 billion to build a new manufacturing facility in Point Township, Pennsylvania, that will convert post-consumer plastic materials into feedstock. The facility will create 300 full-time jobs and process 450,000 tons of post-consumer materials annually.
Lockheed Martin Aeronautics Co. received a $261.4 million contract modification to procure long-lead materials for 24 F-35 aircraft for the U.S. Navy and non-DOD participants. Work will be performed at multiple sites and is expected to be completed by May 2026.
Mars Wrigley will invest $175 million to expand its chocolate manufacturing facility in Topeka, Kansas. The expansion will add production of Snickers, Milky Way and 3 Musketeers and create more than 100 jobs.
WEG held a groundbreaking ceremony for a $10 million expansion of its medium power transformer plant in Washington, Missouri. The expansion includes a new winding room and assembly platforms, and is expected to be operational by March 31, 2023.
Freestone Partners, in partnership with GP Capital Partners, acquired the assets of Formwork Services and Supply, an independent provider of concrete forming and shoring solutions based in Houston, Texas.
Race Winning Brands, a portfolio company of MiddleGround Capital, acquired PAC Racing Springs, a manufacturer of high-performance valve springs for the automotive and powersports aftermarket. PAC is based in Southfield, Michigan.
Northrop Grumman received a $108 million award from the U.S. Air Force to purchase long-lead items for the initial production lot of B-21 Raider bombers. The award was announced on April 7, 2022.
Swedish point-of-use filtration specialist Bluewater has completed a full-scale merger with US-based FloWater, after initially taking a stake.
Toyota Material Handling dealer Hugg & Hall Equipment Company has acquired fellow Toyota dealer Southern Material Handling Company, expanding its Toyota presence to cover the entire state of Oklahoma.
HomeServe USA acquired Sure Temp Air Conditioning LLC, a residential HVAC services provider based in Mesa, Arizona. Sure Temp employs over 20 people and will continue operations under HomeServe.
Quarra Stone Company is building a new production and executive management facility in Sun Prairie, Wisconsin. The $17.9 million facility will create 34 jobs and is supported by up to $350,000 in state tax credits.
CITIC Dicastal invested $140 million in a production facility in Greenville, Michigan, expanding manufacturing space by 100,000 sq ft to a total of 660,000 sq ft, to produce 3 million aluminum alloy wheels annually.
SinnovaTek will purchase and expand a 62,500 sq ft shell building in Middlesex Corporate Center, Nash County, NC, for its FirstWave Innovations aseptic co-packing operation, creating 50-75 jobs with $11 million capital investment.
Titan America announced a $37 million investment to build a new 70,000-ton dome at its Roanoke Cement Company import terminal in Chesapeake, Virginia, expanding truck and rail capabilities and enabling distribution of low-carbon cements and raw materials.
Clip Automation acquired Sapphire Automation, an industrial SCADA software company. The acquisition expands Clip's industrial data intelligence platform with Sapphire's equipment control and automation capabilities.
ProMach, a leader in processing and packaging machinery, acquired TechniBlend, a provider of liquid processing systems for beverage and other industries. TechniBlend also operates subsidiary ProBrew.
Avgol has partnered with YanJan USA LLC to deliver apertured spunbond products to the North American market. YanJan will obtain base spunbond materials exclusively from Avgol, and both will develop and manufacture products tailored to customer needs.
Applied Composites Holdings, a portfolio company of AE Industrial Partners, acquired North Coast Composites and North Coast Tool & Mold from Unitech Holdings. Terms were not disclosed.
Parent company KSB Mining invested $44 million to expand GIW's slurry pump manufacturing plant in Grovetown, Georgia, which added a foundry expansion of 77,000 square feet and two new furnaces. A ribbon-cutting for the expanded plant was held on Wednesday, most likely 6 April 2022.
US packaging company TricorBraun agreed to acquire PBFY, a California-based flexible packaging distributor, from Pacific Western Sales. The transaction was expected to close later in April 2022.
Datwyler has signed a contract to acquire QSR, a US supplier of silicone seals and components for electrical connectors, from Q Holding and its private equity owner 3i. Closing is expected in Q2 2022.
PFNonwovens celebrated a $75 million expansion and new production line (Line 9) at its Humboldt Industrial Park facility in Hazle Twp., Pennsylvania. The line produces soft polypropylene fabric for hygiene products.
Tailwater Capital announced an equity commitment for Renovo Resources, a water treatment company providing produced water treatment solutions to the energy and industrial sectors.
Embody Inc. will invest $5 million to expand its headquarters in Norfolk, Virginia, adding 10,000 square feet and creating 92 new jobs to increase product research and development capabilities.
BID Group received a turnkey order from Westervelt Lumber to modernize their planer mill in Moundville, Alabama, featuring the first robotic trim block management system with AI. Start-up is expected in Q1 2023.
Pamesa Group made an $11.2 million direct equity investment into eCombustible Energy in connection with the fuel supply contract.
HealthTrust awarded Getinge an infection control contract, giving its members access to Getinge's infection control product portfolio for the first time in over a decade.
Biomerics announced a multi-million dollar investment in a new 52,000 square foot facility in Brooklyn Park, Minnesota for its Advanced Catheter division. The facility will include cleanroom manufacturing and is expected to create over 120 jobs.
Solmetex, a dental waste compliance products provider, signed an agreement to acquire Sterisil, a dental water line infection control products innovator. The combined company will be the category leader in dental water treatment.
Inframark, an infrastructure services company, acquired BL Technology Inc. (BLTI), a provider of SCADA and control system integration solutions. The transaction closed on March 31, 2022.
Solectrac, an electric tractor manufacturer and Ideanomics operating company, moved into a new 36,000 square-foot facility in Windsor, California, to expand manufacturing and assembly capacity. The facility is operational and expected to run at full capacity by June 2022.
MediPurpose signed an agreement with Partner's Cooperative to offer Anzen Safety Scalpels to all members at contracted pricing. This is the first collaboration between the two organizations.
American Residential Services (ARS/Rescue Rooter) acquired ESCO Heating, Air Conditioning, Plumbing, and Electric in Salt Lake City, Utah. ESCO has served the area since 1977.
Enviva Inc. announced a $250 million investment to build a new wood pellet production plant in Bond, Mississippi. The facility will create around 100 local jobs and is fully contracted under long-term supply agreements.
SaltMED, a medical device company, announced a manufacturing agreement with Jabil to become the manufacturer and supplier of SaltMED's current and future products, including The SaltFacial Skin Renewal System.
BGIS, a portfolio company of CCMP Capital, has acquired Millian-Aire Enterprises, a commercial and residential HVAC maintenance and installation services provider. The transaction was announced on April 5, 2022.
Fairbanks Morse Defense, through its subsidiary Hunt Valve, was awarded a contract worth about $2 million by Newport News Shipbuilding to supply parts for the Ford-class aircraft carriers CVN 78 to CVN 81. Deliveries are due in Q2 and Q3 2022. The company announced it on 5 April 2022.
Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
Fairbanks Morse Defense, through its Hunt Valve unit, was awarded a contract of about $2 million by Newport News Shipbuilding to supply valves and actuator parts for Ford Class aircraft carriers CVN 78 to CVN 81, for delivery in Q2 and Q3 2022.
Howmet Aerospace invested more than $5 million in new machinery and upgrades at its titanium production plant in Niles, Ohio, announced on April 4, 2022.
Buffalo Wire Works Co. will invest more than $5 million to renovate and expand its manufacturing facilities on Buffalo's East Side, retaining 179 employees and creating 25 new jobs.
Lehigh Hanson, Inc., a subsidiary of HeidelbergCement, has acquired all assets of Meriwether Ready Mix, including four ready mixed concrete plants and a fleet of mixer trucks in the Metro Atlanta Area. The acquisition strengthens Lehigh Hanson's footprint in the growing market.