Knauf Insulation North America has increased production capabilities at its Albion, Michigan plant through a multi-million dollar investment to convert an idle production line. The expansion will increase production volume by over 30%, add 34 new jobs, and generate over 85 million pounds of loose-fill insulation annually at full capacity.
UACJ's subsidiary Tri-Arrows Aluminum reached an agreement with Novelis North America to begin planning the expansion of manufacturing equipment at the jointly operated Logan Mill to increase flat-rolled aluminum production capacity for beverage cans.
General Motors announced supplier agreements with MP Materials and Germany's Vacuumschmelze (VAC) for rare earth permanent magnets. VAC plans to add U.S. capacity and begin production for GM by 2024.
R.R. Donnelley's board accepted a revised proposal from Atlas Holdings affiliates to acquire the company for $10.35 per share in cash, a 21.5% premium, valuing the deal at about $2.2 billion enterprise value.
Tyson Foods announced a new fully-cooked facility in Danville, Virginia, as part of its capacity expansion.
Tyson Foods announced plans to invest $1.8 billion to expand processing capacity, including opening 12 manufacturing plants over two years to increase capacity by 1.3 billion lbs. Seven fully-cooked chicken plants are targeted for Asia, and two case-ready beef and pork plants are planned.
BAE Systems is investing multi-millions of dollars to upgrade its facility in Endicott, New York, to focus on energy storage, controls, and power conversion systems for aviation applications. The project was announced on December 9, 2021.
Kentuckiana Curb Company (KCC) will expand in Tooele, Utah, bringing up to 120 new jobs over 12 years. The expansion will establish a West Coast presence for manufacturing HVAC products and roof curbs.
APPLIED Adhesives, a portfolio company of Arsenal Capital Partners, has completed its acquisition of Bird Song Adhesives, Inc., a specialty adhesives supplier in Madison, Tennessee. This is APPLIED's fifth acquisition in 2021.
MP Materials entered a binding, long-term agreement with General Motors to supply U.S.-sourced and manufactured rare earth materials, alloy and finished magnets for electric motors in more than a dozen GM models using the Ultium Platform.
MP Materials announced it will build a 200,000 sq. ft. greenfield rare earth metal, alloy and NdFeB magnet manufacturing facility in Fort Worth, Texas. The facility will have capacity to produce approximately 1,000 tonnes of finished NdFeB magnets per year and create more than 100 skilled jobs.
Sensata Technologies acquired Sendyne Corp, a developer of sensing and simulation technologies for electric vehicles and charging stations, to advance its electrification strategy. Financial terms were not disclosed.
The Naval Air Warfare Center Weapons Division awarded five firm-fixed-price, indefinite-delivery/indefinite-quantity contracts with an aggregate ceiling of $49 million to S&B (WG Henschen), Pacific IC Source, Vizocom ICT LLC, Pacific Component Xchange Inc., and Laguna Components Inc. for various instrumentation and electronic components technology.
SABIC named Bamberger Polymers as an authorized distributor of its engineering thermoplastics and polyolefins in the Americas, expanding Bamberger's scope and portfolio. Bamberger started serving SABIC customers in the fourth quarter of 2021.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
CMA CGM Group agreed to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) contract logistics business for $3 billion. The deal is touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise.
Port Washington-based Molded Dimensions acquired Marshfield-based PCO Urethane, a manufacturer of polyurethane parts for agriculture, mining and manufacturing. Terms were not disclosed.
American SpiralWeld Pipe Co. is investing $40 million to upgrade and expand its Columbia, South Carolina manufacturing facility, adding 100 new jobs over five years.
Samsung chose Taylor, Texas as the site for a new $17 billion semiconductor manufacturing facility. The plant will produce advanced logic chips for mobile, 5G, HPC, and AI applications, creating over 2,000 high-tech jobs. Construction begins in early 2022 with production target in second half of 2024.
Fidelity Building Services Group, a national HVAC/mechanical services provider, acquired Air One Industries, a commercial and industrial HVAC provider based in North Carolina. The deal expands Fidelity's portfolio in the integrated building solutions space.
Vestas secured a 235 MW order from Invenergy for V150-4.2 MW and V136-3.45 MW turbines for the Sapphire Sky wind project in Illinois, including a 10-year service agreement. Delivery starts Q2 2022, commissioning Q4 2022.
JOEST USA completed a 15,000+ square foot expansion of its production facility in Piney Flats, TN, more than doubling production floor space and increasing crane capacity to build larger screens and conveyors.
Thermo Fisher Scientific completed its acquisition of PPD, a clinical research services provider, for $17.4 billion on December 8, 2021.
Zep Inc. completed and started up a new AFCO production facility in Kingman's Industrial Park, Arizona, to serve western US customers in the food and beverage processing industry, with about 25 jobs expected over two years.
Cornerstone Specialty Wood Products' new $15 million greenfield manufacturing facility in a suburb of Louisville, Kentucky, will enable the company to more than double its manufacturing output for engineered flooring panel and shelving products.
AbeTech (Abraham Technical Services) acquired Sigma Industrial Automation, a San Antonio-based provider of plant floor automation solutions, on December 7, 2021.
Wieland announced a $52 million investment in its casting operations in East Alton, Illinois, including a new casting unit and building expansion, to meet demand for flat-rolled copper products. Completion is scheduled for 2024.
Envases Ohio announced a $16.6 million investment in its Fremont, Ohio facility, creating 65 new jobs and retaining 109 employees. The project includes building purchase, machinery upgrades, and new production lines.
CRH is planning a $3 billion sale of its U.S.-based unit Oldcastle Building Envelope, which makes glass building products. The company is working with advisers and reaching out to potential buyers.
Boyd Technologies announced a strategic partnership and plans to invest more than $5 million to expand its cleanroom manufacturing footprint, purchase new capital equipment, and hire employees in Lee, Massachusetts.
Arnott Air Suspension acquired JRi Shocks, a performance shock manufacturer, expanding its product portfolio in the aftermarket performance market.
Prinova, a provider of ingredients and nutrient premixes, acquired Lakeshore Technologies, a contract manufacturer specializing in powder micronizing, blending, and repacking. The deal expands Prinova's value-added services.
MixComm, a future subsidiary of Sivers Semiconductors, signed an MoU with South Korean venture Kreemo to develop a 5G module optimized for metaverse applications.
Stryten Energy acquired Tulip Richardson Manufacturing, a manufacturer of injection molding products and battery components, adding four facilities in the US.
EMD Electronics, the North American electronics business of Merck KGaA, announced approximately $1 billion in investments through 2025 in the US to expand R&D and production capacity for semiconductor and display materials. Main investment locations include Arizona, California, Texas, and Pennsylvania.
JR Automation opened a new facility in Holland, Michigan, representing a $1,075,595 capital investment and expected to create 28 high-paying jobs over two years.
Novelis is investing approximately $130 million to upgrade its Oswego, New York plant, increasing hot mill capacity by 124,000 metric tons and enhancing finishing capabilities for automotive sheet. The project starts in spring 2022 and is expected to be completed in 2024.
Meritor announced it will provide its Blue Horizon 14Xe integrated ePowertrain for the next-generation all-electric Saf-T-Liner C2 Jouley school bus from Thomas Built Buses, a Daimler Trucks North America brand, under a five-year agreement starting in January 2024.
BorgWarner Thermal Systems is expanding its Cadillac, Michigan assembly plant in a $11.2 million project expected to create 30 jobs, supported by a $225,000 state grant.
Bizerba USA announced the spring opening of a new plant in Avondale, AZ, that will manufacture labels and produce key equipment for weighing and labeling solutions. The facility will create 40-50 new light industrial jobs when it opens in April 2022.
Prysmian Group and DEME Group have secured a Balance of Plant contract from Dominion Energy Virginia for the Coastal Virginia Offshore Wind project. Prysmian's share is worth about €630 million for cable supply and installation.
Hanwha Cimarron broke ground on a $130 million manufacturing plant in Opelika, Alabama, to produce carbon fiber-wrapped high-pressure storage tanks. The plant will employ 261 people.
SMW Autoblok Group, a workholding solutions leader, acquired Tecnomagnete, a manufacturer of permanent electromagnetic clamping and lifting systems. The acquisition was announced on December 6, 2021.
BAE Systems received a Defense Department contract to qualify radiation-hardened 12-nanometer microchips for space electronics, to be produced and tested at its Space Systems facility in Manassas, Virginia.
Diversey Holdings Ltd. completed the acquisition of Birko Corporation and its subsidiary Chad Equipment LLC on December 6, 2021. Birko manufactures food safety chemical solutions and Chad Equipment makes food safety equipment for the protein industries.
Toyota Motor North America announced the Greensboro-Randolph Megasite in Liberty, North Carolina, as the location for its new $1.29 billion automotive battery plant, Toyota Battery Manufacturing, North Carolina, expected to create 1,750 jobs and start production in 2025.
ADB Safegate broke ground on a 175,000-square-foot Center of Innovation in Gahanna, Ohio, investing $1.5 million and adding 24 jobs. The facility is scheduled to open in October 2022.
Prodol Meditec, manufacturer of Airtraq, selected Mercury Medical as its exclusive North America distributor for its video laryngoscope product line, effective January 1, 2022.
LIBERTY Steel USA will reopen its Georgetown, South Carolina rod mill in mid-January, bringing 65 employees back to work, after a shutdown during the Covid-19 pandemic.
Advanced Drainage Systems (ADS) acquired Jet Polymer Recycling, a privately-owned recycling company with three locations in Alabama and Georgia, to expand its recycling capabilities and secure high-quality recycled plastic.