Kinderhook Industries, LLC acquired Rental Equipment Investment Corporation (REIC), a rental equipment services platform headquartered in Kalispell, MT. Financial terms were not disclosed.
Stryker announced a definitive merger agreement to acquire all outstanding shares of Vocera Communications for $79.25 per share, with a total equity value of approximately $2.97 billion and enterprise value of $3.09 billion.
TricorBraun has acquired Zuckerman Honickman, a King of Prussia, Pennsylvania beverage packaging business serving the US and Canada. The company will operate as a stand-alone TricorBraun company.
Green Bay Packaging will build a new 600,000 sq ft corrugator plant in Fort Worth, Texas, replacing its existing 200,000 sq ft plant there. Construction is set to begin in Q1 2022 with startup scheduled for Q2 2023.
Air Industries Group's Sterling Engineering subsidiary has received a life-of-the-program extension of a long-term agreement to deliver PW-4000 turbine exhaust case components. The company expects the extension to generate over $6 million in revenue.
Eaton completed the acquisition of Royal Power Solutions, a manufacturer of high-precision electrical connectivity components for EV, energy, industrial and mobility markets, for $600 million.
Triman Industries, a portfolio company of AE Industrial Partners, acquired Brighton Cromwell and Crestwood Technology Group. The combination creates a leader in military aftermarket distribution and supply chain management. Terms were not disclosed.
Voyager Space Inc. completed the acquisition of a majority stake in Space Micro, a San Diego-based provider of satellite communications and electro-optic systems. Space Micro has contracts including work for NASA's Artemis program.
Integrated Global Services (IGS) acquired GE Steam Power's on-site thermal spray coatings technology, AmStar, including the AmStar 888 material and related coatings for power generation equipment.
Saint-Gobain, through CertainTeed, announced over $400 million in investments to expand production at four US locations: a roofing shingle plant in the Southeast ($100M, 31 jobs, online early 2024), insulation plants in Chowchilla, CA ($32M, 13% capacity increase, online 2022) and Athens, GA ($30M, loose-fill insulation line), and a gypsum plant (details not fully shown).
K-Tec Earthmovers and Ashland Industries, through the KA Group, acquired Metalcraft of GA, Inc., a manufacturer of earthmoving scrapers based in Louisville, Georgia. The acquisition adds a Southeastern US facility and expanded product offerings.
Culligan International and Waterlogic Group Holdings signed an agreement to form a combined company providing water solutions and services, including filtration, purification and water treatment.
Federal Equipment Company has begun construction on a 50,000 square foot facility near Cincinnati, Ohio, expected to open in mid-2022, to increase manufacturing capacity.
Fairbanks Morse Defense acquired Federal Equipment Company, including its Military and commercial businesses, to expand product capabilities for shipyard, defense, and industrial customers. The acquisition was announced on January 5, 2022.
AMF Bakery Systems acquired Workhorse Automation, Inc. of Kirkwood, Pennsylvania, to combine their automation technologies for bakeries. The acquisition was announced on January 5, 2022.
Trelleborg Industrial Solutions acquired the coated fabrics business of US-based Alpha Engineered Composites, gaining access to heat-resistant silicone coated fabrics. The deal was completed on 30 December 2021.
LINXIS Group, together with its financial sponsor IK Partners, acquired Shaffer, a manufacturer of industrial mixers and process equipment, from Bundy Baking Solutions. The Bundy family will remain as minority owners.
Link-Belt Cranes completed a $9-million warehouse expansion at its parts distribution center in Lexington, Kentucky, adding 60,000 sq.-ft. of space, bringing total parts space to 132,000 sq.-ft.
Lockheed Martin Aeronautics was awarded an $8,240,416 cost-plus-fixed-fee order for program management and logistics support services to deliver air vehicle initial spares for F-35 production aircraft. Work will be performed in Fort Worth, Texas, and completed by December 2022.
Atlanta packaging company Battle Copacking plans to invest $13.6 million in a new 128,000-square-foot building at Deerfield Business Park in Mooresville, Iredell County, creating up to 20 jobs. The building is expected to be delivered by the end of the year.
Unibloc Pump, a Kennesaw, Georgia flow control manufacturer, has acquired Standard Pump, a Duluth, Georgia maker of sanitary and industrial process pumps, on January 5, 2022.
Novvia Group has acquired Rhino Container Inc., a Chino, California distributor of plastic, metal, corrugated and glass packaging products. Financial terms were not disclosed.
Bortek Industries, Inc. finalized an agreement to purchase the operating assets of Carolina Industrial Equipment, Inc. (CIE). CIE will operate as an independent entity as Carolina Industrial Equipment, LLC.
Grundfos and Enaqua management signed an agreement for the management team to purchase all shares of Enaqua, a UV water treatment solutions provider. The acquisition allows Enaqua to strengthen its technology portfolio.
DAVCO is investing $3.5 million in its Saline, Michigan campus to create an Advanced Electronics Manufacturing Center for electric vehicle components. The facility is expected to be fully operational in early 2022 and create 20 new jobs.
Doosan Bobcat unveiled the world's first all-electric compact track loader, the Bobcat T7X, at CES 2022. Sunbelt Rentals committed to purchasing a large national fleet of Bobcat all-electric machines.
Stoughton Trailers installed a new chassis production line at its Stoughton, Wisconsin facility, expecting to employ an additional 150 people. The expansion is part of a $25 million investment.
Stoughton Trailers is investing $25 million in a new intermodal chassis production facility in Waco, Texas, creating 125 jobs. Construction is underway, with production expected to begin by early Q2 2022.
Unilock plans to start construction in spring 2022 on a more than $40 million manufacturing facility on the west side of Hamilton County for concrete paving stones and wall products.
FourQuest Energy Services acquired Boyle Energy Services & Technology, Inc. (BEST), a US-based provider of pre-commissioning and commissioning services for large-scale energy projects. The acquisition was effective January 1, 2022, and BEST was renamed BEST Energy Services Inc.
Beacon Building Products acquired Crabtree Siding and Supply, a wholesale distributor of residential exterior building materials in Cookeville, Tennessee. The acquisition was effective January 1, 2022.
NSK Americas acquired Alliance Bearing Repair and Reclaim, LLC, a bearing reconditioning service provider based in Alliance, Ohio. The acquisition expands NSK's bearing services capabilities in the Americas.
RaySearch Laboratories signed an agreement with Proton International Arkansas to provide the RayStation treatment planning system for the UAMS Radiation Oncology Center in Little Rock, Arkansas, which is set to open in 2023.
Wieland has acquired Busby Metals, a service provider of specialized high-performance copper-based alloys, to expand its global aerospace product portfolio and service network. The transaction closed on December 31, 2021.
The City of Nicholasville signed an agreement with LOVO Systems to program a remote monitoring and control system for the Jessamine Creek Environmental Control Facility expansion. The expansion is a $20 million project doubling capacity from 4.1 to 7.1 MGD.
Altra Industrial Motion has acquired Nook Industries of Cleveland. No financial terms were disclosed.
Austal USA has contracted SSAB Americas to supply steel for a group of steel-hulled towing, salvage and rescue ships being built under a $145 million U.S. Navy contract. The steel will be sourced from SSAB's facility in Mobile, Alabama.
Parisi Construction Company has joined the Walbec Group family of companies. Both are third-generation, family-owned heavy civil engineering and construction firms.
Aggregate Industries, a subsidiary of LafargeHolcim, acquired the ready-mix concrete and aggregate assets of Cowden Inc. in Bellingham, Washington. Over 100 Cowden employees will join AI.
R.W. Beckett has acquired Delavan Spray LTD and Delavan LLC from Collins Aerospace Corp. Delavan is a global designer and manufacturer of spray nozzles for fluid, diesel exhaust, and spray drying systems, operating in Bamberg, South Carolina, and Widnes, UK.
Lockheed Martin has received a more than $847 million contract from NAVAIR for long-lead items for 105 F-35s in Lot 17. Work will be performed in Fort Worth, Texas, El Segundo, California, and Warton, England.
Englander Enterprises, Inc. (EEI) has acquired ESAM, Inc., a provider of custom cable assemblies and electronic sub-assemblies. The acquisition is backed by VergePointe Capital.
Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.
IDE Technologies implemented its MAXH2O-PFRO high-recovery reverse osmosis solution at the Cherokee Metropolitan District's wastewater treatment plant in Colorado, USA. The system has a capacity of 8,000 m³/day and was commissioned in 2022.
C2Dx, a Michigan-based medical device company, acquired Hemostatix Medical Technologies, a Bartlett-based company that makes a thermal scalpel. The deal closed in early January 2022.
Monroe Engineering, through its Monroe Integro division, purchased the assets of Integro Inc., a New Britain, Connecticut-based company specializing in cable assemblies and power distribution. The acquisition expands Monroe's power distribution capabilities.
The Port of Virginia ordered three Konecranes Rail-Mounted Gantry cranes for its Norfolk International Terminals facility. The order was booked in November 2021, and the cranes will be delivered by the end of 2023.
KME Special Products GmbH & Co. KG, through its subsidiary KME Special Products America Inc., acquired Roser Technologies Inc. (RTI) on January 1, 2022. RTI is a provider of continuous caster maintenance services to steel producers, based in Titusville, Pennsylvania.
Bast Fibre Technologies (BFT) completed its purchase of Georgia-Pacific's Lumberton Cellulose LLC in Lumberton, North Carolina. The facility will operate as BFT Lumberton and serve cosmetic cotton, filtration, hygiene and nonwovens segments.
Lake Shore Systems Inc. integrated into Trident Maritime Systems as of January 1, 2022, rebranding as Trident Maritime Systems - Heavy Equipment Group. All facilities remain open and employees retained.