Evoqua Water Technologies purchased the remaining equity of Frontier Water Systems, LLC, a supplier of engineered equipment packages for water and wastewater treatment. Financial terms were not disclosed.
Sanara MedTech Inc. entered into a definitive merger agreement to acquire Precision Healing Inc. The purchase price consists of approximately $5.1 million in stock and cash, plus earnout obligations, valuing Precision Healing's equity at about $7.8 million.
Unison Industries announced a long-term agreement with Blue Origin to design, manufacture, test and support ignition systems for Blue Origin's BE-7, BE-3U and BE-4 engines.
Xeriant Inc. signed a 50/50 joint venture agreement with Movychem s.r.o. to acquire exclusive worldwide rights to the Retacell eco-friendly fire retardant technology and commercialize it.
HOLT Aerial placed a large order for several Bronto S341HLA 104-metre aerial work platforms, including the first in North America, increasing its fleet by over 65%.
Xeriant and Movychem signed a definitive agreement to establish a 50/50 joint venture that has acquired exclusive worldwide rights to the patented Retacell eco-friendly fire retardant technology. The joint venture will develop applications and commercialize products derived from Retacell.
Synopsys and Juniper Networks have closed a transaction to form a new, separate company that will provide an open silicon photonics platform with integrated lasers. The new company is jointly owned with Synopsys as majority owner, formed from Juniper's silicon photonics assets.
Ice Industries has secured additional contracts for large outdoor machine enclosures, investing more than $4 million to add powder coating capabilities and upgrade stamping press lines at its Grenada, Mississippi facility. Over 120 jobs will be added, with production launch slated for Q3 2022.
Klöckner Pentaplast committed to a multimillion-dollar expansion at its Beaver plant in Raleigh County, West Virginia, to add post-consumer recycled PET production for North America. The plant was previously named the company's Plant of the Year.
Connecticut Spring and Stamping (CSS) broke ground in April 2022 for a 48,000-square-foot addition to its Farmington facility, a nearly one-third increase to accommodate a new power press.
Hollister Incorporated has been awarded a three-year group purchasing agreement by Vizient, Inc. for its urological products, including VaPro hydrophilic catheters, effective April 1, 2022.
Johnson Controls completed a $7.5 million investment in new automation equipment at its commercial HVAC manufacturing plant in Norman, Oklahoma, in April 2022, to increase capacity and productivity.
ENTRUST Solutions Group announced its acquisition of TG Advisers, a consulting firm specializing in steam turbine, gas turbine, and generator services, in April 2022.
ProLift Toyota Material Handling and Toyota Material Handling Ohio, two equity-owned Toyota dealerships, merged into a single entity. ProLift will absorb TMH Ohio's three locations in northern Ohio under its brand.
CertainTeed, a subsidiary of Saint-Gobain, will invest $118.8 million to expand its roofing shingle manufacturing facility in Oxford, North Carolina, adding 225,000 square feet and creating 37 new jobs.
Saint-Gobain announced a $32 million investment to increase production capacity by 13% and reduce the carbon footprint of its CertainTeed fiberglass insulation plant in Chowchilla, California, as part of a $400 million expansion plan across four U.S. facilities.
PCX Aerosystems acquired Honematic Machine Corporation, a supplier of extendable refueling probes for the rotorcraft market, on April 1, 2022. The acquisition enables vertical integration and collaboration with recently acquired Aero-K.
IPEX announced the acquisition of Harrington Corporation (Harco) as of April 1, 2022, gaining seven manufacturing plants and distribution centres across the US.
Sarcos Robotics acquired RE2 Robotics for $100 million ($30M cash, $70M stock) to develop robots for dangerous tasks in aviation, construction, defence, and energy.
Stamford-based private equity firm Olympus Partners has acquired Omega Environmental Technologies, an aftermarket distributor of climate control products for automotive sectors, from AEA Investors for an undisclosed sum.
Concentric Equity Partners, through its newly formed HVAC and plumbing platform Leap Partners Holdings, recapitalized Conditioned Air Solutions, a residential and commercial HVAC services provider in North Alabama.
Fairbanks Morse Defense (FMD) acquired Maxim Watermakers, a provider of desalination and water treatment technologies for marine defense applications, based in Shreveport, Louisiana.
Sandvik completed the acquisition of Australian-based Deswik, a leading provider of mine planning software. Deswik will become part of a newly formed Digital Mining Technologies division within Sandvik Mining and Rock Solutions.
MP Materials was awarded a $35 million contract from the U.S. Department of Defense to support construction of a commercial-scale heavy rare earth elements processing facility at Mountain Pass.
Architectural Surfaces, a distributor of natural stone and tile, acquired ARC Natural Surfaces, an importer and distributor of natural stone and quartz with facilities in Virginia Beach and Ashland, Virginia.
Saica Pack started up its first US box plant, a 360,000 sq ft greenfield facility in Hamilton, Ohio, in April 2022. It currently runs one shift with 32 employees and targets 140m sqm of corrugated board per year by 2029.
Georgia-based Pratt Industries leased 1 million square feet in Hillwood's High Point 67 business park in Cedar Hill, Texas, for a new plant and shipping center. The company plans to create 150 jobs and invest more than $200 million.
Germany's Fresenius Kabi signed a definitive agreement to acquire US-based medical technology firm Ivenix. The deal includes an upfront payment of $240 million plus milestone payments tied to commercial and operating targets, with closing expected mid-2022.
Bunting Architectural Metals announced the construction of a new aluminium extrusion facility in Lawrence County, Pennsylvania. The project will create about 80 jobs and received a $2.1 million loan from the state.
Origin Materials Inc. announced plans to invest at least $750 million to develop a biomass manufacturing facility in Ascension Parish, Louisiana, using sustainable wood residue.
Atlas Holdings LLC entered into an agreement to acquire Carlex Glass America, LLC and Carlex Glass Luxembourg S.A. from Central Glass America, Inc. and Central Glass Co., Ltd. The transaction is subject to German competition authority approval.
Core & Main entered into a definitive agreement to acquire substantially all assets of Lock City Supply Inc., a distributor of water and wastewater products based in Lockport, New York.
Linamar Corporation agreed to acquire GF Casting Solutions' 50% interest in their joint venture GF Linamar LLC in Mills River, North Carolina, giving Linamar 100% ownership. The JV manufactures aluminum and magnesium structural and powertrain components for automotive and commercial vehicle customers.
Bunting Inc. purchased a 333,980-square-foot building in New Castle, Pennsylvania, to repurpose as an aluminum extrusion mill, creating 79 new jobs. The company plans to invest over $16.8 million in the project over four years.
Contech Engineered Solutions announced it is merging the product lines of Bio Clean into its stormwater management product portfolio, following Quikrete Holdings' acquisition of Forterra Inc, Bio Clean's parent company.
Ionetix and Atonco signed a partnership agreement for GMP manufacturing and supply of radiopharmaceuticals for Atonco's bladder cancer clinical studies and commercialization in the US.
Eastman Chemical Company completed the sale of its adhesives resins business to Synthomer plc for $1 billion in cash. The sale included hydrocarbon resins, pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid based resins product lines.
Ellume officially opened its new 215,000 square foot production facility in Frederick, Maryland, with capacity to produce approximately 15 million COVID-19 Home Tests per month, creating hundreds of new jobs.
Babcock & Wilcox will partner with Kiewit Industrial to deliver Fidelis New Energy's 200-MW biomass power plant at the Port of Greater Baton Rouge, Louisiana. B&W will provide engineering, design, equipment, and technology services including a biomass boiler and OxyBright carbon capture technology.
FPS Food Process Solutions acquired a 140,000 sq ft facility in Michigan to serve as its new US headquarters, with US-based manufacturing, fabrication and service. Production is expected to commence before end of 2022, with full manufacturing in early 2023.
BAE Systems' FAST Labs received a $5 million Phase 2 award from DARPA to continue developing integrated RF mixed-mode circuit designs for the Technologies for Mixed-mode Ultra Scaled Integrated Circuits (T-MUSIC) program. Work will be performed at facilities in New Hampshire, Massachusetts, and Virginia.
Red Dot, a global HVAC manufacturer, announced plans to relocate its headquarters from Tukwila to a newly completed 200,000-square-foot warehouse in Puyallup, Washington, leased from IDI Logistics. The move is expected in July 2022 and will consolidate local operations from two sites into one.
FlexRadio Systems, in collaboration with BAE Systems, has been awarded a multi-year production contract by the U.S. Air Force to provide high frequency software defined radios for the Airborne High Frequency Radio Modernization program.
Corrosion Resistant Alloys, LP has broken ground on a new manufacturing facility in Brenham, Texas, for high alloy nickel tubulars. Phase I will include cold pilger mills, CNC machines and inspection facilities on a 40+ acre campus.
Chevron Phillips Chemical Co. LLC has let a contract to MHI Compressor International Corp. (MCO-I) to supply compressor train equipment for a new propylene unit at its Cedar Bayou plant in Baytown, Texas. The unit will be a 1-billion lb/yr C3 splitter.
Republic Services announced it will build an integrated plastics recycling facility (polymer center) in Las Vegas, expected to begin operations next year, producing over 100 million pounds per year of recycled plastic.
Integrated Tactical Technologies (iT2) was awarded a multi-phase contract worth up to $19.4 million by the Defense Innovation Unit to develop a wearable two-way communication solution for the 'Wireless Soldier'.
A US-based manufacturer of specialty building materials is building a new 90,000 sq ft production facility with eight automated lines to quadruple capacity for coatings and sealants. The $25 million project is being executed with RoviSys.
PureCycle Technologies commenced construction on its second plastic waste purification facility in Augusta, Georgia, which will produce ultra-pure recycled polypropylene. The site can support up to eight purification lines, each with capacity of about 1 million pounds per year.
Munters received a $115 million order from a leading US colocation data center operator for its SyCool Split cooling systems and installation services. Deliveries are expected from Q4 2022 to Q1 2024.