Nexans inaugurated a modernised cable-making plant in Charleston, South Carolina, to deliver some 110 km of high-voltage cables for Orsted's 132 MW South Fork offshore wind project off New York.
Exponential Power, Inc. acquired MaeTec Power, Inc., a provider of DC power services for the telecom and broadband industries, expanding its national reach.
Liebherr Container Cranes Ltd handed over three fully automated rail-mounted gantry cranes to the CSX Carolina Connector Intermodal Terminal in Rocky Mount, North Carolina.
Qnovo, a Silicon Valley software company, raised $24 million in Series C funding led by BorgWarner. The investment will support expansion of battery management software into EV manufacturing and grid-scale storage.
Aluminium Insights began construction of a new aluminum extrusion plant in Syracuse, Indiana, with an investment of about €15.5 million. The plant will feature a 2,920-ton press line and a CNC fabrication area.
Alcorta Forging Group (AFG), a Spanish forging company, acquired the New Boston Forge plant in Detroit, USA, from LC Manufacturing. The acquisition supports AFG's geographical and market diversification.
Daikin Applied Americas announced majority investments in two of its representatives: ThermalNetics (Detroit) and TriState HVAC Equipment (Philadelphia area). The deals aim to enhance customer care and innovation.
Centrisys founder and CEO Michael Kopper reacquired total ownership of the company from Chinese company Techcent. The transaction closed on Dec. 31, 2021. Terms were not disclosed.
GE Renewable Energy signed a service contract with Avista Utilities to modernize four generator units at the Long Lake hydropower plant. The first unit is scheduled for commissioning at the end of 2024.
Private equity firm Crestview Partners has completed the acquisition of Emerald EMS from New Water Capital. Financial terms were not disclosed.
Liebherr Container Cranes has supplied three fully automated rail mounted gantry cranes to CSX's Carolina Connector Intermodal Terminal in Rocky Mount, North Carolina.
ABC Technologies Holdings Inc. has entered a definitive agreement to acquire dlhBOWLES, Inc. from MPE Partners for approximately US$255 million. dlhBOWLES is a leader in camera and sensor cleaning systems, windshield washer systems, and other automotive fluid management solutions.
American Equipment Holdings has acquired Eastern Crane & Hoist, an industrial overhead crane and service provider in the southeastern USA. Terms were undisclosed.
TEAM Technologies, Inc., backed by Clearlake Capital, has acquired iiMED Medical Solutions, a nearshore specialty manufacturer of FDA Class I & II consumable medical devices based in Amherst, NY with operations in Reynosa, Mexico. Financial terms were not disclosed.
Central Moloney Inc. will open a new manufacturing operation in Bay County, Florida, leasing a 140,000 sq ft facility. The company will invest over $20 million and create 200 jobs, producing single-phase pole mounted transformers.
GKN Aerospace has been selected as a supplier on Gulfstream's new G800 and G400 business jets, producing empennage components, floorboards, fuselage panels and wing skins, with production in the Netherlands, Mexico and the US.
Nucor announced it will build a new state-of-the-art sheet mill in Mason County, West Virginia, costing approximately $2.7 billion, with 3 million tons annual capacity, creating 800 jobs, construction expected to take two years.
Colombia-based Plastilene Group will establish its first U.S. operation in Washington Court House, Fayette County, Ohio, a $47 million sustainable food packaging research and production facility expected to create 58 jobs.
Aptiv completed the acquisition of Wind River, a software provider for the edge, for $3.5 billion. The deal was announced on January 11, 2022 and closed on December 23, 2022.
Novelis Inc. announced a $365 million investment to build a highly advanced recycling center for automotive aluminum adjacent to its existing plant in Guthrie, Kentucky, with an annual casting capacity of 240 kt of sheet ingot and creating 140 new jobs.
SG Blocks Inc., through its SG ECHO division, was selected by HTR Investors for a design-build contract to supply approximately 150 RV and glamping units for delivery to campground sites across the U.S.
Donnelly Energy was awarded a contract by PSE&G to implement the Direct Install Program in four New Jersey counties, valid through 2023. The program provides energy efficiency upgrades to eligible businesses.
Aras announced the merger of Minerva Group, a PLM implementation partner, effective immediately. Minerva brings PLM functionality for medical devices and high-tech electronics, and expertise in automotive, aerospace, defense, and industrial equipment.
Senior plc announced that its Senior Aerospace unit has been awarded multi-year contracts from Boeing to supply floor beam assemblies for the 767 and quadrant assemblies for flight control systems on the 737 and 777 platforms. Deliveries commence January 2022 and Q1 2022.
Novelis announced a Phase 2 expansion of its Guthrie, Kentucky operation, investing approximately $365 million to construct a new recycling center with 240,000 tons annual capacity, creating 140 jobs.
EMD Electronics, the North American electronics business of Merck KGaA, announced a new factory in Chandler, Arizona to manufacture gas and chemical delivery systems equipment, with a $28 million investment. Operations are expected to start by end of 2022 with more than 100 employees at full ramp-up.
Triangle Pump Components expanded manufacturing and shipping/receiving areas at its Cleburne, Texas valve plant, with construction starting September 2021 and completed by year end. The expansion added new machines and doubled inventory capacity.
May River Capital, a Chicago-based investment firm, has acquired Cablevey Conveyors, a global producer of tubular drag conveyor systems based in Oskaloosa, Iowa. The acquisition aims to build a larger conveyance platform.
Vitesco Technologies received an order worth over €1 billion from a major North American automaker to supply millions of 800-volt silicon carbide inverters, with production to be localized in North America starting in early 2025. The order was announced on January 10, 2022.
Douglas Machine will lease a redeveloped property in Alexandria, Minnesota, including a 108,757-square-foot addition and remodeling of a 38,900-square-foot building, creating 10 jobs. The project was approved for tax increment financing on January 10, 2022.
Eckert & Ziegler Radiopharma GmbH signed a joint venture and exclusive long-term supply contract with Atom Mines LLC for Ytterbium-176, a precursor for Lutetium-177 cancer therapies. The deal was announced on January 10, 2022.
Kohler Co.'s Power Group has signed an agreement to acquire Curtis Instruments, a multinational supplier of motor speed controllers and electrification solutions for off-highway OEMs. Terms were not disclosed.
Tramec Sloan, a division of Tramec LLC, has acquired Penz Products Inc., a manufacturer in Mishawaka, Indiana, to expand its manufacturing capabilities in thermoforming, vacuum forming, and urethane foaming for the commercial vehicle market. The acquisition was finalized on December 31, 2021.
REFCOTEC, Inc. acquired the assets of EXOCHEM Corporation and entered into a joint venture with Koremart Limited to form THERMOTEC, LLC, creating the largest riser sleeve and feeding aid manufacturer in the US.
Havis, Inc. has acquired ENS Group, a provider of mobile and point of sale mounting solutions, to expand into warehouse, logistics, and other industrial mounting verticals. The acquisition closed on October 29, 2021.
HeidelbergCement's subsidiary Lehigh Hanson has finalized the acquisition of Corliss Resources, Inc., a family-owned aggregates and ready-mixed concrete company in the Greater Seattle area, with annual sales of about 2 million tonnes of aggregates and 0.3 million cubic meters of concrete.
Sun Chemical has acquired SAPICI, a global leader in high-performance polyurethanes for coatings, flexible packaging, and industrial adhesives, to expand its polymer and lamination adhesives portfolio.
BluMetric Environmental Inc. acquired Gemini Water, a water treatment systems company in Gainesville, Florida, in September 2024, to expand product offerings and geographic footprint into the U.S. and Caribbean.
Vitesco Technologies has secured an order worth over €1 billion from an unnamed North American car manufacturer to supply millions of 800-volt inverters with silicon carbide technology, with production starting in North America in early 2025.
Medtronic plc announced a definitive agreement to acquire Affera, Inc., a Boston-area medical technology company specializing in cardiac mapping and navigation systems and catheter-based cardiac ablation technologies.
AGC Chemicals Americas Inc. announced an expansion at its Thorndale, Pennsylvania production facility, adding up to 50% more manufacturing, quality control lab and office space. Construction began in December 2021 with a target completion date of July 2023.
CECO Environmental agreed to acquire GRC, a maker of rubber expansion joints and flow control products, through its Effox-Flextor-Mader joint venture. The deal is expected to close by April 2022.
SK Telecom separated its AI semiconductor business and established SAPEON Inc. as an independent corporation in the United States, as the first joint project of the ICT alliance. The incorporation occurred in early January 2022.
EBNER Group, headquartered in Leonding, Austria, acquired a majority interest in Hazelett Strip-Casting Corporation of Colchester, Vermont. Financial terms were not disclosed. The deal was announced on January 8, 2022.
Narda-MITEQ acquired Intelligent RF Solutions (iRF), a designer and manufacturer of RF and microwave systems for military and intelligence applications, based in Sparks, Maryland.
LiftOne, a CTE company, acquired Briggs Equipment's operations in Atlanta, Georgia, effective December 31, 2021, expanding its Hyster and Yale dealership to the Atlanta market.
Trive Capital has partnered with the senior leadership of Aerospace Engineering Corp. (AEC) and AMRO Fabricating Corporation to create Karman Space & Defense, a supplier of complex systems for space, missile, and hypersonic markets.
StandardAero has signed a definitive agreement to acquire PTS Aviation, a supplier of serviceable aircraft engines and components. Terms were not disclosed.
TriMech acquired the Mastercam businesses of MACDAC Engineering and Compumachine. Terms were not disclosed. MACDAC is based in Somers, Connecticut, and Compumachine in Danvers, Massachusetts.
Bell Boeing Joint Program Office was awarded a not-to-exceed $1,643,701,284 firm-fixed-price contract for repair, replacement, and supply support for MV-22B, CMV-22, and CV-22 Osprey aircraft components. Work will be performed in Fort Worth, Texas and Ridley Park, Pennsylvania, with completion expected by December 2026.