Green Bay Packaging announced that its new 600,000-square-foot corrugator plant in Fort Worth, Texas, is nearing completion this fall. It will replace an older facility built in 1986 and will house a new 110-inch Fosber corrugator.
TricorBraun signed an agreement to be the preferred distributor of AFA Dispensing Group's rechargeable Flairosol sprayer in the US and Canada. The device is an alternative to aerosol packages.
GHK Capital Partners completed its acquisition of JohnsByrne, a Niles, Illinois maker of premium folding carton packaging and specialty print solutions. Terms were not disclosed.
Viega will build a new manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, to make its ProPress and MegaPress metal pipe fittings and valves. The investment is approximately $200 million.
Following the closing of its acquisition by Bain Capital, Harrington Process Solutions appointed Chief Operating Officer Bob Graham as Chief Executive Officer, while former CEO Dave Abercrombie became Vice Chairman.
Bain Capital Private Equity has closed its acquisition of Harrington Process Solutions, a specialty distributor of industrial flow control process solutions based in Chino, California. The deal was announced as completed on October 5, 2023.
Dover agreed to acquire FW Murphy Production Controls from Genisys Controls for $530 million in cash, to join its Dover Precision Components unit. The deal is expected to close in Q4 2023 subject to regulatory approvals.
StationServ announced its acquisition of East Texas Pump Service, a Nacogdoches, Texas fuel system installation and maintenance firm. Financial terms were not disclosed.
Massimo Zanetti Beverage USA signed an agreement with Ultramar Caffè - La Natura Lifestyle AG to install a new packaging line for aluminum espresso capsules at its Suffolk, Virginia facility by the second half of 2024, with capacity of 100 million capsules per year.
Baker Hughes was awarded a contract by Venture Global under a master equipment supply agreement to provide a modularized LNG liquefaction train system and power island for US projects, with the contract booked in Q3 2023.
Massimo Zanetti Beverage USA signed an agreement with Ultramar Caffè - La Natura Lifestyle AG to create a new packaging line for aluminum espresso capsules at its Suffolk, Virginia facility. The line, due by the second half of 2024, will produce 100 million capsules per year.
Summit Steel & Manufacturing, Fairlawn Tool, Laser Specialties and Summit Storage Solutions announced the formation of a single manufacturing entity, Caldera Manufacturing Group, in October 2023.
ValTek LLC expanded its Odessa, Texas facility across four buildings, adding more than 16 machine tools to double parts manufacturing capacity and cut pump test turnaround times in half. The expansion was reported on October 1, 2023.
Pratt Industries pledged a further $500 million over 10 years in Pennsylvania for recycling, remanufacturing and clean energy infrastructure, creating hundreds of new jobs, as announced with Governor Josh Shapiro.
PumpMan acquired Flo-Systems, Inc., a family-owned water and wastewater pump service firm serving the St. Louis metro and Southern Illinois, to expand its coverage.
Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, a Gardner Denver industrial air compressor distributor, roughly doubling its industrial air compressor business.
Nephron Pharmaceuticals committed to minimum orders of over $400 million over 10 years from Sharps Technology, starting with about $30 million of revenue in the first year, with product delivery scheduled for Q1 2024.
Sharps Technology signed an asset purchase agreement to acquire Nephron Pharmaceuticals' InjectEZ specialty syringe manufacturing facility for $50 million, backed by a term sheet for up to $75 million in debt financing.
Odessa Pumps, a DNOW subsidiary, entered an exclusive partnership with EagleBurgmann to offer its mechanical seals and supply systems in Texas, New Mexico and parts of Arkansas and Louisiana.
Viega will build a 180,000 sq. ft. manufacturing plant for ProPress and MegaPress fittings in Shalersville, Ohio, with about $200 million of investment, expected to be operational in early 2025 and to create more than 68 jobs.
National Vacuum Equipment announced further investment in new automated machinery at its Traverse City, Michigan factory to increase manufacturing capacity for industrial vacuum equipment.
Ford Meter Box announced plans to expand and modernize its existing foundry operations in Wabash, Indiana, including a new 300,000-square-foot foundry in the same city to increase production capacity.
Finland's Wärtsilä signed a ten-year Guaranteed Asset Performance agreement with Omaha Public Power District for the 150 MW Standing Bear Lake Station in Omaha, Nebraska, which is set to start commercial service in 2024.
McElroy Manufacturing, a maker of thermoplastic fusion equipment, announced a strategic partnership with Lawrence, Massachusetts-based thermoplastic valve and pipe maker Asahi/America, providing a tool fleet for butt and socket fusion of pipe up to 630 mm plus an online welding certification system expected in early 2024.
Machinery Services Co. and Rapid Pump & Meter Service Co., a Hidden Harbor Capital Partners portfolio company, acquired Delta-Electro Power, which provides maintenance and electrical services for motors and pumps. The deal expands Rapid Pump into Rhode Island and Massachusetts.
Georgia-Pacific's Packaging & Cellulose business rolled out Infor's CloudSuite, powered by M3 ERP, in a first completed phase across its mill-based businesses. The announcement was made on 19 September 2023.
Pratt Industries committed to invest $500 million in Pennsylvania over the next ten years in recycling, remanufacturing and clean energy infrastructure, creating hundreds of jobs, announced with Governor Shapiro.
R.R. Donnelley installed an EFI Nozomi C18000 Plus single-pass digital inkjet printer at its Milwaukee packaging facility to expand into corrugated packaging, cutting time-to-market by 25%. The press is expected to be operational by fall 2023.
International Paper celebrated the opening of its new $100 million corrugated packaging facility in Atglen, Pennsylvania, providing more than 100 manufacturing jobs.
Pratt Industries opened a $700 million recycled paper mill and corrugated box factory in Henderson, Kentucky, employing 325 people, with a new paper machine producing 1,500 tons of paper daily.
Pratt Industries officially opened its new $500 million paper mill and box factory in Henderson, Kentucky, across two facilities, creating over 320 jobs. The project is the largest investment in the region in more than 25 years.
Finish Thompson acquired Penguin Pumps, parent of Filter Pump Industries, a 24-person southern California maker of corrosion-resistant pumps, mixers and filter systems. Penguin Pumps will operate as an independent subsidiary.
Sauer Compressors USA, an affiliate of J.P. Sauer & Sohn GmbH, announced plans to expand its facilities and workforce and to pursue strategic acquisitions in North America.
Ametek Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined into a single business named Bison, headquartered in Kent, Ohio, as a unit of Ametek Inc.
Novelis signed an anchor customer contract with Ball Corporation in early 2023 to supply aluminum beverage can sheet from its new Bay Minette, Alabama plant, which has secured all of that plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
Novelis signed a long-term anchor customer contract with Ball Corporation to supply aluminum can sheet from its new Bay Minette, Alabama plant, which has secured all of the plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
Sonoco completed its acquisition of the remaining equity in RTS Packaging from joint venture partner WestRock, along with a WestRock paper mill in Chattanooga, Tennessee, for $330 million. The deal adds 15 operations and 1,100 employees.
AMETEK Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined on September 7, 2023 into a single business named Bison, a business of AMETEK, Inc., offering fluid-moving, motor and gear drive products.
Pratt Industries plans a new 496,000-square-foot corrugated box factory in Warner Robins, in Peach County, Georgia, with more than 125 jobs and over $120 million of investment. Operations are expected to begin in late 2024.
Tellurian signed a deal with Baker Hughes to supply eight main refrigerant compression packages, including LM6000PF+ gas turbines and compressors, for Phase 1 of the proposed Driftwood LNG plant near Lake Charles, Louisiana.
Baker Hughes agreed to supply eight main refrigerant compression packages, including LM6000PF+ gas turbines and refrigerant compressors, for Phase 1 of Tellurian's Driftwood LNG project. The agreement supports initial LNG production targeted for 2027.
TCCI, an automotive compressor maker in Decatur, Illinois, plans to invest some $20 million to shift EV compressor production to its home base, supported by a state REV Illinois Act incentive package and $21.3 million in Rebuild Illinois grants for an EV cluster.
Flexpak LLC completed its acquisition of Katzke Packaging Co., a packaging distributor based in Aurora, Colorado, on 1 September 2023, backed by Shorehill Capital.
Pratt Industries is building a new $120 million production facility in Peach County, Georgia, expected to be operational in late 2024 and producing corrugated boxes and containerboard.
Treplar, a joint venture of Klarpet of Turkey and Triton International Enterprises of the USA, is setting up a food packaging facility in Berkeley County, WV with a total investment of $50 million and about 600 jobs by year three.
New York City Environmental Protection awarded Fleet Pump & Service Group a sole-source supply contract worth $2,516,950 for Flygt pumps, control systems and parts for citywide wastewater facilities.
PSG recently completed an $11 million expansion at its Grand Rapids plant, adding 56,000 square feet of manufacturing, office and R&D space.
Private equity firm KKR is set to acquire Circor International, a global pump-and-valve manufacturer, for about $1.7 billion or $56 per share, after outbidding a rival offer from Arcline. The deal is expected to close in Q4 2023, pending regulatory approvals.
Shore Capital-backed packaging distributor 360Pack acquired Colorado-based custom packaging solutions provider Team Packaging. No financial terms were disclosed, and founder Mike Anderson will continue to lead commercial strategy.
Bell has placed a contract with Moog for components for the FLRAA program and the V-280 Valor aircraft. The article provides no further details on value or scope.