Ashland announced plans to increase production capacity of Natrosol hydroxyethylcellulose at its site in Hopewell, Virginia.
The Lithuanian factory of Harju Elekter Group signed an agreement for the supply of motor controls to the USA.
Taihan's US subsidiary TEUSA secured a supply order for an extra-high-voltage power grid from a major US power corporation, worth about KRW 60 billion.
Edwards announced a new state-of-the-art manufacturing facility in Chandler, Arizona, to support North American semiconductor demand for vacuum and abatement solutions. The facility is expected to create about 200 jobs.
Premix held a groundbreaking ceremony for a new 66,000 sqft compounding manufacturing plant at Apple Creek Corporate Center in Gaston County, North Carolina. The facility will double production capacity, employ 30-35 people, and be operational by August 2025.
LaMotte Company will invest $3.3 million to expand manufacturing and R&D capacity at a new 79,000-square-foot site in Newark, Delaware, adding more than 100 jobs.
Green Plant LLC acquired its third high pressure processing (HPP) unit, the Hiperbaric 420i, making it the largest toller in Florida with capacity to process up to 250,000 pounds of food and beverage products per day.
ARCH Cutting Tools Corp. acquired Greene Tool Systems, Inc., of Dayton, Ohio, a designer and manufacturer of custom cutting tools.
National Glazing Solutions (NGS) acquired CHB Industries, based in Hauppauge, New York, expanding its sales and operations into New York and Chicago markets.
Basco Shower Enclosures acquired Michigan-based Glassource, a tempered glass and shower door solutions provider. The acquisition expands Basco's footprint and adds a third tempering and fabricating location.
Trivitron Healthcare acquired 100% shareholding in The Kennedy Company, a US manufacturer of radiation protection X-ray shielding material and acoustic barrier products based in Scottsboro, Alabama.
May River Capital, a private equity firm, acquired Cablevey Conveyors, a global manufacturer of tubular-drag conveyor systems based in Oskaloosa, Iowa.
Keystone Powdered Metal Company and Engineered Sintered Components Company, both affiliates of Sumitomo Electric Industries, announced plans to merge. The merged entity will retain the Keystone Powdered Metal Company name.
BMW announced a $200 million investment to construct a new 219,000-square-foot press shop at its Spartanburg County plant in South Carolina, creating 200 new jobs. Production is expected to start in summer 2024.
L-3 Communications Integrated Systems was awarded a $13,999,995 firm-fixed-price and cost-plus-fixed-fee contract for Aircraft Structural Integrity and Propulsion System Integrity Programs, with work in Greenville, Texas, expected to be completed by Feb. 28, 2025.
Tuson Corporation of Vernon Hills, Illinois acquired the assets of ISPT, LLC of Story City, Iowa on March 2, 2022, creating the Tuson Manufacturing Company division. ISPT makes precision machined components for fluid power and industrial automation. Terms were not disclosed.
The U.S. Navy awarded a $21.35 million contract to Insitu, a Boeing subsidiary, to provide aircraft and airframe components. The contract was awarded in March 2022.
Pipeline Plastics opened a new facility in Fair Bluff, North Carolina to expand production capacity for high-performance polyethylene pipe, serving municipal water customers on the East Coast.
Hitachi Construction Machinery Americas (HCMA) officially began leading Hitachi brand mining equipment sales and service in North America and Latin America on March 1, 2022, replacing the joint venture with John Deere. HCMA added over 60 new team members and enlisted seven dealers in North America and eight in Latin America.
Air Conditioning Specialist, Inc., a Hidden Harbor Capital Partners portfolio company, partnered with Chancey & Reynolds Inc., expanding its HVAC footprint to Tennessee.
Scott Bader invested $16 million in a new production site in Mocksville, North Carolina, which will be developed into a gelcoat and structural adhesives facility, creating 27 jobs.
Holcim completed the acquisition of Malarkey Roofing Products, a US residential roofing company with projected 2022 net sales of USD 600 million. The deal expands Holcim's roofing systems portfolio in the US market.
Fralock Holdings was awarded a multi-year, multi-million-dollar contract with a leading U.S. aerospace and defense company to design, develop and produce all-polyimide etched foil flexible cables for telecommunication satellites.
Vantage Specialty Chemicals acquired JEEN International Corporation and BotanicalsPlus, Inc., expanding its portfolio of naturally derived ingredients for personal care and cosmetics.
TriMas has acquired Intertech Plastics, a custom injection molder based in Denver, Colorado, to expand its packaging group into medical end markets. Intertech generated approximately $32 million in revenue in fiscal year 2021.
Angeles Equity Partners has simultaneously acquired RōBEX LLC and Mid-State Engineering LLC, two industrial automation integrators. RōBEX will serve as the platform investment with Mid-State as the first bolt-on acquisition. Financial terms were not disclosed.
Baker Hughes was awarded a contract by Venture Global LNG to provide an LNG system for the first phase of the Plaquemines LNG project in Louisiana. The order includes modularized liquefaction train systems and field services.
Spang Engineered Solutions, a business unit of Spang and Company, has acquired Wirebenders, Inc., a manufacturer of magnetic components and coaxial cable assemblies in Phoenix, Arizona.
Unison Tube LLC and Moore Machine Tools have teamed up to provide their customer bases with a wider range of machine tool solutions.
Methods Machine Tools acquired Koch Machine Tool. The announcement was made in March 2022.
Voith GmbH & Co. KGaA completed the acquisition of the remaining 35% stake in Voith Hydro Inc. from Siemens Aktiengesellschaft on March 1, 2022.
DXP Enterprises completed its acquisition of Drydon Equipment, a distributor of pumps, valves and controls based in Elgin, Illinois, serving the water and wastewater industry. Terms were not disclosed.
Stevanato Group's subsidiary OMPI of America agreed with BARDA, a US government agency, to receive up to about $95 million to expand planned vial manufacturing capacity in Fishers, Indiana. The aim is to strengthen US national defense and public health readiness.
Baker Hughes announced an investment in San Francisco-based GreenFire Energy, leading its Series A financing, and will take a board seat while the companies collaborate on retrofitting wells for geothermal power.
Diageo opened Diageo Lincolnway, a 225,000 square-foot canning plant with two high-speed can lines in Plainfield, Illinois, with an investment of about $110 million and 50 full-time jobs.
TechPro Power Group acquired Sentinel Power Services on February 28, 2022. The terms of the transaction were not disclosed.
John Deere acquired full ownership of three Deere-Hitachi joint venture factories in Kernersville, N.C.; Langley, Canada; and Indaiatuba, Brazil. The factories will continue to manufacture Deere-branded excavators and forestry equipment.
Jamison Door Company, a manufacturer of temperature-controlled and specialty doors, merged with BMP Door Group, a subsidiary of BMP Europe. The merger creates a global high-performance door company.
LaMotte Chemical Products Co. plans to invest about $3.3 million to develop a 79,000-square-foot research, development and production facility in Glasgow, Delaware, creating 104 new jobs.
Takeuchi agreed to purchase the former KOBELCO plant in Moore, South Carolina, for $34.35 million. It plans to begin manufacturing compact track loaders at the plant by the end of the year, boosting U.S. production capacity by about 40%.
Wisconsin Aluminum Foundry (WAF) acquired castings manufacturer DEE, Inc. in Crookston, Minnesota. WAF will add 30 new positions in Minnesota as production grows.
Kratos Defense & Security Solutions acquired CTT Inc. and Cosmic Advanced Engineered Solutions for approximately $60 million. CTT makes power amplifiers and other electronic devices for military systems.
LaMotte Co. is building a research and development and manufacturing facility in Glasgow, Delaware, with $1.2 million in state incentives and $3.3 million in company spending, creating 57 jobs in the first year.
onsemi signed a definitive agreement to sell its wafer fabrication facility in South Portland, Maine to Diodes Incorporated, and closed the sale of its Oudenaarde, Belgium fab to BelGaN Group BV, as part of its fab-liter manufacturing strategy.
KPS Capital Partners has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. from CRH plc for approximately $3.45 billion in cash. The transaction is expected to close in mid-2022.
DeSHAZO, a manufacturer of industrial equipment for materials handling and automation, has acquired Integrated Machinery Solutions (IMS), an engineering consulting firm and custom machinery builder in Azle, Texas. IMS will operate as a separate business unit under its current management.
Arkema finalized the acquisition of Ashland's Performance Adhesives business on 28 February 2022 for an enterprise value of US$1,650 million. The business employs about 330 people and operates 6 production plants, mainly in North America.
IDEX Corporation signed a definitive agreement to acquire KZ Co. (KZValve), a Nebraska maker of electric valves and controllers for agriculture, expected to close in Q2 FY2022.
Munters Group AB will invest $36 million to relocate its Buena Vista, Virginia operations to a new facility in Botetourt County's Greenfield business park in Daleville, Virginia, to meet growing demand for data center cooling systems.
RoMan Manufacturing acquired Grand Power Systems, a manufacturer of engineered electrical products, on February 27, 2022.