Flexaseal Engineered Seals and Systems acquired Sound Seal and Packing of Edmonds, Washington, gaining its ViseSeal product and a Pacific Northwest presence. Deal value was not disclosed.
Coastal Container, a packaging company in Holland, Michigan, invested in eProductivity Software CorrTrim and CorrTrac solutions to support a new corrugator and expansion adding 65,000 square feet of manufacturing space. The system is expected to go live in mid-2023.
Xano Industri completed its acquisition of Integrated Packaging Solutions, a Denver-based canning-industry packaging company with about $16 million turnover, for $21 million in cash, announced August 22, 2023.
Bessemer-backed Tencarva Machinery Company acquired Fischer Process Industries, a distributor of pumps, valves and process equipment headquartered in Loveland, Ohio. Financial terms were not disclosed.
TC Transcontinental Packaging announced a US$60 million investment in a new biaxially oriented polyethylene film line and a 120,000 sq. ft building expansion at its Spartanburg, South Carolina facility, with completion expected in fiscal 2024. Brückner was selected to supply the equipment.
XANO signed an agreement, through a subsidiary, to acquire all shares in Integrated Packaging Solutions and its subsidiaries, based in Denver, Colorado. IPS supplies machine equipment and integration technology to metal can manufacturers.
Ingersoll Rand completed its all-cash acquisition of Howden Roots from Chart Industries for approximately $300 million, adding low-pressure compression and vacuum technologies. The Connersville, Indiana manufacturing facility transferred to Ingersoll Rand.
Clow Valve, part of McWane Inc., began construction to expand its Oskaloosa, Iowa iron foundry with a $75 million investment adding 36,000 square feet. The project replaces manufacturing equipment up to 45 years old and is expected to nearly double production output.
Elliott Group, a subsidiary of Ebara Corporation, secured an order to supply cryogenic pumps, expanders and compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, awarded by Bechtel Energy. The project's total capital expenditure is estimated at $13 billion.
DrinkPak, a beverage manufacturer founded in 2020 in Los Angeles, is seeking incentives for two plants in Fort Worth, one in Denton County at 25001 Eagle Parkway and one in southeast Fort Worth's Carter Park East industrial park, with a combined $452 million investment and 1,000 jobs. The sites would be finished by January 2027 and January 2028.
Siemens Industry is seeking city incentives for a new advanced manufacturing plant at 7200 Harris Legacy Drive in Fort Worth, Texas, to make low-voltage switchboards and switchgear, with $133 million in building and equipment investment and up to 715 jobs by end of 2026. The Fort Worth City Council will decide on incentives Sept. 12.
Elliott Group won a contract from Bechtel Energy to supply cryogenic pumps, expanders and compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, developed by Sempra Infrastructure. The article gives no contract value.
Elliott Group won an order from Bechtel Energy to supply cryogenic pumps, expanders and boil-off and flash gas compressors for Sempra Infrastructure's Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Voigt-Abernathy Sales Corporation completed the asset purchase of Texas Process Equipment Company, a Houston-headquartered distributor of pumps and process equipment serving Texas and Oklahoma.
A.Y. McDonald broke ground on a new brass foundry in Dickeyville, Wisconsin, expected to employ about 150 workers at initial capacity and be fully operational by summer 2026. The cost was described as nine figures but not disclosed.
Flexi-Hex launched a North America partnership under which Orora Packaging Solutions will stock its full product range, with a focus on demand from the US wine and surfing industries.
Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.
Chickasaw Container Corporation of Okolona, Mississippi is completing its third expansion, adding 22,500 square feet to its plant, and recently installed a new flexo folder gluer. The expansion is expected to be completed in coming months.
Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.
Global packaging company TricorBraun acquired CanSource, a Longmont, Colorado maker of custom cans and packaging for beverage producers, from Broadtree Partners. Terms were not disclosed.
Zilmet plans to open its first U.S. manufacturing facility in Georgetown County, South Carolina, investing $32.7 million and creating 50 jobs. Phase one is expected to be completed in 2024, with production starting in 2025.
Graphic Packaging Holding has agreed to acquire Bell Incorporated, which has three packaging facilities in the Midwest consuming 95,000 tons of paperboard a year. The deal is expected to add about $200 million in sales and close in Q4 2023, subject to regulatory approvals.
Private equity firm Clayton, Dubilier & Rice agreed to buy packaging firm Veritiv in a $2.3 billion deal that would take it private. CD&R will pay $170 per share in cash, a nearly 20% premium to the last close.
UK packaging firm Frugalpac agreed to sell its Frugal Bottle Assembly Machine to California-based Monterey Wine Company, which will use it to make paper wine bottles on-site. It is Frugalpac's first US sale and its second machine sold overall.
Conner Industries Inc. announced the acquisition of Guardian Packaging Industries LP, a foam cutting and integrated packaging provider in Garland, Texas, along with its Southwest Air Products division. The deal was closed with Conner's own cash.
Sypris Technologies, a subsidiary of Sypris Solutions, received an award to supply specialty high-pressure closures for Venture Global's CP2 LNG export terminal and CP Express pipeline in Cameron Parish, Louisiana. Shipments are expected to be completed by year-end 2023; terms were not disclosed.
Corrugated Partners Group will invest $52.7 million to establish Keystone Sheets, creating at least 80 jobs in a 420,000-square-foot facility in Chambersburg, Franklin County, Pennsylvania. The plant will produce single, double and triple wall corrugated sheets.
Eaton broke ground on a $100 million expansion of its Nacogdoches, Texas manufacturing facility adding 200,000 square feet and over 200 jobs, doubling capacity for voltage regulators and three-phase transformers. The project was first announced in August 2023.
TC Transcontinental Packaging will install a $60 million biaxially oriented PE (BOPE) film line supplied by Brückner at its Spartanburg, South Carolina plant, which expanded the site by 120,000 square feet, with commissioning planned for spring 2024.
American Packaging Corporation held the grand opening of its 275,000-square-foot Center of Excellence flexible packaging plant in Cedar City, Utah, a $100 million facility expected to create over 135 jobs.
Hanon Systems will invest nearly $170 million and create 600 jobs by establishing a new manufacturing facility in Huntington Park, Loudon County, Tennessee. The plant will supply thermal solutions for electrified vehicles to North American automakers.
LMI Packaging held a groundbreaking for a roughly 50,000-square-foot expansion at its Pleasant Prairie facility, mainly for internal warehouse space. The expansion is planned for completion by December 6.
Sypris Technologies, a subsidiary of Sypris Solutions, received an order to supply 72-inch insulated joints for the expansion of the Atoka Water Pipeline for the Oklahoma City Water Utilities Trust. Shipments run from 2023 to 2024 and terms were not disclosed.
Curtiss-Wright was awarded contracts worth over $250 million from Bechtel Plant Machinery and General Dynamics Electric Boat to supply propulsion valves, pumps and instrumentation and control systems for US Navy submarine and aircraft carrier programs. Work will run through 2028 at its New York and Pennsylvania facilities.
Prysmian Group broke ground on a $63.8 million expansion of its Du Quoin, Illinois plant to increase renewable energy cable manufacturing. The project adds over 100,000 square feet and is expected to create 80 new jobs while retaining 225.
Montebello Packaging announced a $12 million investment in a new production line at its Lebanon plant, marking the site's 25th anniversary. The 160-foot extrusion line is expected to be fully functional by the fourth quarter of 2023.
UK packaging company Flexi-Hex signed an agreement with California-based Orora Packaging Solutions making Orora its exclusive North American distributor of patented hexagonal recycled fiber protective packaging. The agreement was announced in July 2023.
Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.
Berry Global, Deaconess Midtown Hospital and Nexus Circular launched an initiative to recycle non-hazardous, sterile plastic packaging and non-woven fabric from the hospital's Surgical Center, about 500 lbs per week. Waste streams are sent to Evansville Packaging Systems for auditing and separation.
Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.
Wabtec Corporation will invest $2.7 million to expand its Graham-White facility in Salem, Virginia, relocating pneumatic braking system manufacturing lines there. The move is expected to create 38 new jobs.
Mersen officially opened its new manufacturing facility at 795 Santa Fe Pike in Columbia, Tennessee, its 10th US location, after investing USD 70 million. The plant will produce extruded graphite, insulation felt and isostatic graphite.
BBB Industries, a portfolio company of Clearlake Capital Group, has acquired Hydraulex, a Michigan-based remanufacturer and supplier of hydraulic pumps, motors, cylinders and valves. TM Capital acted as exclusive financial advisor to Hydraulex.
Huhtamaki is investing approximately USD 30 million to expand its Paris, Texas facility, adding folding carton manufacturing capacity and consolidating an external warehouse. Production is expected to ramp up in Q1 2025, with up to 80 jobs planned.
The Collins Companies of East Windsor, Connecticut acquired Washburn-Garfield Corporation, a pipe, valves and fittings distributor, and Waites Company of Worcester, Massachusetts, an abrasives and cutting tools distributor. The deal was announced July 18, 2023.
SOLV Holdings LLC acquired Elkhart-based Maverick Packaging Inc., a maker of packaged liquids for the hospitality industry. The deal is expected to pair Maverick with SOLV's Bomag Group in Angola, Indiana.
Air Products awarded MAN Energy Solutions an order for six air-compressor trains for the air-separation unit of its Clean Energy Complex in Darrow, Louisiana, which will produce blue hydrogen and blue ammonia. The article is dated July 17, 2023.
Krusinski Construction is general contractor for a $400+ million, 775,000-SF Kraft Heinz consumer packaged goods distribution center under construction at the ChicagoWest Business Center in DeKalb, Illinois. The project was announced in July 2023 and will bring more than 150 jobs.
Ford Meter Box announced plans to invest up to $300 million in a 300,000-square-foot brass products facility adjacent to its Wabash headquarters, creating up to 126 jobs by the end of 2027.
AAON announced a $40 million expansion adding a 230,000-square-foot building to its Longview, Texas plant to increase production and coil capacity, with about 250 new full-time jobs. Groundbreaking is scheduled for July 18, 2023.