Meritor will invest over $4 million to expand its trailer operation in Morganton, North Carolina, adding 25 new jobs. The expansion will increase production capacity of axles and underframe components for the North American semi-trailer market.
JLS Automation plans a 50,000-square-foot expansion of its headquarters in York, Pennsylvania, to increase production capacity for large automated packaging systems.
Wauseon Machine acquired robotics integrator McAlister Design, doubling the size of its automation business.
Baldwin Richardson Foods will invest $50 million to upgrade its plants in Macedon and Williamson, New York, adding machinery and creating up to 60 jobs.
Salt Creek Capital acquired All Metals Industries, Inc., a distributor of carbon, aluminum, stainless and coated sheet/coil products in the Northeast U.S. The transaction was announced on February 10, 2022.
HEICO Corporation's Flight Support Group agreed to acquire 74% of Pioneer Industries, a specialty distributor of spares for military aviation, marine, and ground platforms, for cash at closing plus potential additional consideration.
The U.S. Navy awarded Austal USA a $145 million contract for two Towing, Salvage and Rescue Ships (T-ATS), and Austal contracted with SSAB to supply steel for the ships.
SEAM Group, backed by Align Capital Partners, has acquired Electrical Engineering & Service Co. (EESCO) of Holbrook, Massachusetts. EESCO specializes in electrical power systems testing and maintenance, and the acquisition broadens SEAM Group's NETA-certified services.
ABB won a large contract from ioneer Ltd. for project management, engineering, and supply of power and automation systems for the Rhyolite Ridge Lithium-Boron Project in Nevada, USA. The order was booked in Q1 2022; financial details were not disclosed.
Three new neo-Panamax STS cranes arrived at Port Houston's Bayport Container Terminal. The cranes were manufactured by ZPMC in Shanghai.
Endoscopy MD LLC was awarded a maximum $30,000,000 fixed-price contract by the Defense Logistics Agency for medical equipment and accessories. The five-year contract has an ordering period end date of Feb. 9, 2027.
LUFKIN Industries relocated the machine shop operations of its Don-Nan unit from Midland, Texas to an expanded facility in Claremore, Oklahoma, adding at least 70 full-time jobs. A ribbon cutting for the expanded facility took place on February 10, 2022.
Willdan Group, Inc. was awarded a contract by Utah State University to develop a strategic decarbonization plan for the USU central utility plant, focusing on heating, cooling, and power generation systems.
Glen Raven Custom Fabrics, LLC is expanding its Norlina, North Carolina plant with an investment of up to $82 million, adding 200 jobs. The expansion will increase the plant's physical base by 1.5 times and is expected to be fully operational in early 2023.
National Resilience, Inc. announced that its subsidiary Ology Bioservices was awarded a contract valued up to $250 million from the U.S. Department of Defense for manufacturing development of a monoclonal antibody against botulinum neurotoxin.
United States Steel Corporation broke ground on a $3 billion advanced steel mill in Osceola, Arkansas. The facility will feature two electric arc furnaces with 3 million tons per year of capacity and is expected to create 900 plant jobs.
Mevion Medical Systems and Proton International announced the selection of the MEVION S250i Proton Therapy System to equip the UT Health San Antonio Proton Therapy and Research Center, the first proton therapy system in San Antonio and South Texas.
Novelis announced a $130 million investment at its Oswego, New York plant to expand the facility's hot mill capacity.
Cummins Inc. has signed an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., which supplies engine braking, cylinder deactivation, and other technologies. The acquisition will support Cummins' advanced diesel engine platforms and zero-emissions strategy.
Tennessee Medical Innovations Inc. (TNMI), a portfolio company of Mundomedis, has acquired substantially all assets of Insightra Medical Inc., a US-based medical device manufacturer. Mundomedis will also become the main shareholder of Insightra's Indian subsidiary.
GlobalTech Plastics, a plastic-injection molding company, has joined forces with Molded Dimensions, a manufacturer of molded rubber and polyurethane parts. The acquisition expands Molded Dimensions' plastic manufacturing capabilities.
Lockheed Martin Aeronautics Co. received a not-to-exceed $315,806,063 modification to a previously awarded contract for procurement, delivery, installation, and configuration of F-35 support equipment and non-aircraft spares, with work expected to be completed in December 2027.
First Nation Group LLC was awarded a maximum $225,000,000 fixed-price contract by the Defense Logistics Agency for ventilator systems, patient monitoring systems, telemetry systems and sensors, with a five-year base and one five-year option period.
Evergreen is adding a 54,000-square-foot building to its Clyde, Ohio facility to house four food-grade rPET manufacturing lines. Completion is expected in June 2022, raising annual rPET capacity to 217 million pounds.
Reliable Power Systems announced a new partnership with TurnPoint Services Group, which invested in the company. The announcement was made on February 10, 2022.
CeQur Simplicity plans to invest $20 million to begin manufacturing its diabetic insulin patch in Lexington County, South Carolina, contracting with Flex at its West Columbia plant. Manufacturing and R&D work is being moved from Flex's plant in Tijuana, Mexico.
Industrial Products, Conveyors & Drives, Inc. (IPCD) announced plans to expand its manufacturing, sales, and distribution facility in Stanly County, North Carolina. The expansion involves $2.1 million in investments and will create 20 jobs within five years.
Sypris Electronics received a follow-on contract from a U.S. DOD prime contractor to manufacture and test electronic power supply modules for a precision-guided anti-ship missile system, with increased production volume starting in 2022.
GE Aviation is acquiring five GE Additive Concept Laser M Line systems. Four will be installed at GE Aviation's Additive Technology Center in West Chester, Ohio, and one at Avio Aero in Turin, Italy, during 2022 to support serial production of additive components for the GE Catalyst turboprop engine.
The Water Resource Recovery Facility in East Lansing, Michigan installed over 100 Rotork IQT part-turn electric actuators for flow control valves, sluice gates, and a new digester process.
Ahlstrom-Munksjö began a $70 million expansion of its Madisonville, Kentucky facility, expected to create 51 direct jobs and featuring state-of-the-art fiber glass equipment, with operations starting in mid-2023.
Linde expanded its existing agreement with Celanese to supply captured carbon dioxide and hydrogen to Celanese's Clear Lake, Texas facility for low-carbon methanol production, with supply starting in first half of 2023.
MACOM Technology Solutions won a $434,380 federal contract from the Defense Logistics Agency for transistors.
Medtronic USA won a $31,195 federal contract from the Department of Veterans Affairs for Intellis Restore Sensor.
Sherwin-Williams signed an agreement to invest at least $300 million to expand its architectural paint and coatings manufacturing capacity and build a new distribution center in Statesville, North Carolina, adding over 180 jobs.
Showa Glove plans to triple production capacity to meet demand for 'Made in America' PPE gloves, with facility expansions in Alabama. The company aims to increase domestic production to 1.2 billion gloves by end of 2022, with a goal of 2.8 billion gloves overall.
Alliance Compressors is investing $45 million over two years to expand its compressor assembly facility in Natchitoches, Louisiana. The announcement was made in February 2022.
Sea Box of Cinnaminson, New Jersey won a federal contract worth $31,092 from the Defense Logistics Agency for containers, packaging and packing supplies, as reported on February 8, 2022.
Honeywell International of Phoenix, Arizona won a federal contract worth $2,444,826 from the Defense Logistics Agency for pumps and compressors, as reported on February 8, 2022.
Cook Medical agreed to sell its reproductive health business unit to CooperCompanies for $875 million. The unit includes products for obstetrics, gynecology, and IVF, and had $158 million in revenue in 2021.
Hudson Materials is buying a 13-acre site at Centre South Riverport Industrial Park in Chattanooga to build a $10 million asphalt emulsions plant, adding at least 15 jobs.
R&B Grinding, a Racine-based manufacturer of machined components, has been acquired by Willis & Smith Capital, a Texas private equity firm. The transaction closed on February 1, 2022. Terms were not disclosed.
Second Sight Medical Products and Nano Precision Medical have entered into a definitive merger agreement. Second Sight will issue 134 million shares to acquire full ownership of NPM, creating a combined company focused on therapeutic implants.
Prysmian Group is investing $50 million to expand capabilities at its Marshall, Texas plant, adding 75 jobs. The investment supports next-generation power distribution and transmission grids.
Mitsubishi Power Americas signed a purchase contract with HydrogenPro for an initial delivery of 40 electrolyzers to produce green hydrogen for power generation, transportation and industrial applications.
HOLT acquired Kardie Equipment/TGM Wind Services, the Texas-based distributor of Bronto Skylift products. The acquired company will operate as an independent wholly owned subsidiary of HOLT.
LafargeHolcim acquired Tarrant Concrete, a ready-mix concrete company in the Dallas/Fort Worth area, Texas. Tarrant operates three plants with net sales over USD 40 million and 90 employees.
Americo Manufacturing, a manufacturer of floor pads and cleaning accessories, was acquired by Fibrix Filtration on February 7, 2022. Terms were not disclosed.
Yeonghwa Tech signed a 52.3 billion won contract with General Motors to supply Battery Distribution Units (BDUs) for large trucks and SUVs, with the contract running until April 2030.
Avon Protection Ceradyne LLC was awarded a maximum $45,762,327 firm-fixed-price contract by the U.S. Defense Logistics Agency for second generation Advanced Combat Helmets. The contract has a one-year base with four one-year options, with performance in California and New Hampshire.