Worksport Ltd. received four purchase orders totaling US$720,000 for its soft-folding tonneau covers and began shipping them from its 222,000 sq. ft. Western New York manufacturing facility.
MAN Energy Solutions won an order from Air Products for six air-compressor trains for an air-separation unit at Air Products' Clean Energy Complex in Darrow, Louisiana. The complex will produce blue hydrogen and blue ammonia and is expected to start commercial operation in 2026.
Akers Packaging has moved its Chicago team into a new 280,000-square-foot facility at 425 Crossing Drive, University Park, Illinois, which houses a new Fosber corrugator and will add converting machines in the third quarter.
Cardbox Packaging Inc. cut the ribbon on an 11,000-square-foot expansion of its U.S. manufacturing headquarters in Pittston, Pennsylvania, with state officials attending.
Baker Hughes won a Bechtel contract to supply three main refrigerant compressors, six Frame 7 turbines and 18 centrifugal compressors for three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, with 17.61 MTPA nameplate capacity.
Bechtel Energy awarded Baker Hughes an order to supply three Main Refrigerant Compressors for the first three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, including six Frame 7 gas turbines and 18 centrifugal compressors with 17.61 MTPA nameplate capacity.
Duravant LLC acquired PPM Technologies, a Newberg, Oregon maker of conveying, coating and thermal processing equipment, from Stonehenge Partners. The deal was announced in July 2023.
Westrock Coffee plans to invest over $300 million and create 600 new jobs over five years at its development, production, packaging and distribution facility in Conway, Arkansas, with the facility using advanced robotics.
Arcline Investment Management proposed a take-private acquisition of Burlington, Massachusetts-based CIRCOR International at $57 per share, above KKR's $51 per share offer. The proposal was announced on June 28, 2023.
Ireland-based Bevcraft Group acquired the mobile canning business of Tripod Canning in Mountainside, New Jersey, entering the US market; it is its third acquisition in 18 months.
Johnson Controls announced its acquisition of M&M Carnot, a maker of CO2-based industrial refrigeration equipment with low GWP, based in Annapolis, Maryland and Trois Rivières, Quebec. Announced June 2023.
NuZee, Inc. agreed to produce its coffee brew bag format using Corberosa Premium air-roasted coffee, which Corberosa will distribute to California hospitality customers. No contract value is given.
FirstElement Fuel will expand its hydrogen refueling station module manufacturing line and high-pressure cryogenic hydrogen pump capacity at 660 E. Dyer in Santa Ana, California, creating 38 jobs. A testing stand will also be installed in Livermore, California.
Continuim Equity Partners, with Ronald Mumbray, has acquired Fluid Sealing International and Anchor Seals, forming Anchor Holding Group, a Coraopolis, Pennsylvania maker of seals, gaskets and pumps. It is the first of Continuim's planned fluid control acquisitions.
Ingersoll Rand agreed to buy Howden Roots LLC from Chart Industries for an all-cash price of about $300 million. Roots has about $115 million in revenue, and the deal is expected to close in Q3 2023 pending regulatory approvals.
Vanair Manufacturing announced a $8.3 million expansion adding about 100,000 square feet to its Michigan City facility in La Porte County, Indiana, creating 75 new jobs. Completion of the building by J. Shoffner is expected in the fourth quarter of 2023.
A Prysmian and DEME Group consortium was awarded the balance of plant contract by Dominion Energy Virginia for the Coastal Virginia Offshore Wind project, worth about $1.8 billion in total, of which about $730 million relates to Prysmian. Completion is expected by 2026.
PM Corporate Group acquired AMP Printing + Graphics, strengthening its high-graphic packaging manufacturing in Sacramento, Tijuana and China. The combined business will operate as PM Packaging with about 1,500 employees across six units.
Graycliff Partners provided subordinated debt financing for Rox Capital's acquisition of Neil Technical Services and its merger with Scruggs Company in Texas, creating a regional pump, motor and valve service provider in Houston.
Ziemann Holvrieka was awarded a turnkey contract to engineer, install, commission and train staff for a new large-scale hard seltzer brewery for Mark Anthony Brewing in the United States. Installation has started, with first fermentation and storage tanks already in place.
Plastilene Group opened its Sustainable Food Packaging Innovation Center at the Rocktenn building in Washington Court House, Ohio, its first US facility, on Wednesday June 7, 2023. The $47 million facility is expected to create 58 new jobs.
Denver-based private equity firm Platte River Equity acquired Womack Machine Supply Company, a Farmers Branch, Texas distributor of hydraulic, pneumatic and automation components.
Sulzer Pump Solutions Inc. announced a $5.3 million investment to expand its Easley, South Carolina manufacturing operations at 155 Ahlstrom Way to support new product lines, creating 25 new jobs.
Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.
KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.
Asahi/America opened its newly constructed 59,000-square-foot fabrication facility in Paulina, Louisiana, for large-scale thermoplastic pre-fabrication. The facility operates as Asahi/America - PPI and was celebrated with a grand opening on June 1, 2023.
Pratt Industries opened its $253 million advanced corrugated box factory in Cedar Hill, Texas, on June 27, 2023. At capacity the 1.1 million square foot plant will employ 375 people.
Novelis signed a new long-term contract to supply aluminum can sheet to Coca-Cola's authorized North American bottlers via CCBSS, with supply partly from its Bay Minette, Alabama plant under construction and due to commission in 2025. The deal includes closed-loop recycling and a confidential multi-year volume.
Premier Packaging, a unit of DSS, Inc., signed a three-year contract extension with an existing retail client worth a minimum of $12 million, with a fourth-year option bringing potential revenue to over $15 million.
Sulzer Pumps Solutions, a subsidiary of Swiss Sulzer Ltd, will invest $5.3 million to expand its manufacturing operations at its Easley plant on Ahlstrom Way in Pickens County, South Carolina, to add new product lines and create 25 jobs.
AD, a buying group for independent distributors, announced an intent to merge with The Baron Group, a buying group serving groundwater, well and pump distributors, with closing expected June 30, 2023. The combined members have almost 100 locations across the US and Canada.
Blackstone funds completed the acquisition of a majority stake in Emerson's Climate Technologies business, valued at $14.0 billion, which will be renamed Copeland. Emerson receives about $9.7 billion in upfront proceeds and keeps 40% common equity.
Puget Sound Naval Shipyard awarded American Compressor Company a firm-fixed-price contract with one base year and two option years to lease four High Pressure Air Compressors, valued at $905,280.
Monterey Wine Company in King City, California agreed with British firm Frugalpac to become the first U.S. contract filler of Frugal paper bottles for wines and spirits.
Parker Aerospace, a segment of Parker Hannifin, signed a five-year indefinite delivery contract with the US Army AMCOM to overhaul and upgrade UH-60 Blackhawk hydraulic pumps and flight control actuation, with support at Corpus Christi Army Depot, Texas.
Triosim Corporation signed a purchase agreement for the assets of Somarakis, Inc., including inventory and intellectual property, making it the authorized Somarakis pump repair provider. Triosim will build new Somarakis-model vacuum pumps at its facilities in Leland NC, Clinton LA, Middletown OH and Montgomery AL.
Kronospan plans a new oriented strand board manufacturing plant on its 460-acre site in Oxford, Alabama, with a $350 million investment creating 125 new jobs. Oxford City Council approved tax abatements for the project, and groundbreaking is slated for later in 2023.
Xylem said it would acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, expanding its industrial and municipal pumping operations.
Domtar's Engineered Absorbent Materials facility in Jesup, Georgia completed a $90 million project adding an airlaid production line and 75 jobs, celebrated with a ribbon-cutting on May 23, 2023.
Korean automotive thermal management maker Hanon Systems announced a $40 million factory in Statesboro, Georgia, to supply HVAC parts to Hyundai and Kia near Hyundai's EV plant, hiring at least 160 people with operations targeted for May 2024.
UN1F1ED² Global Packaging, a Kraft-owned company, has a roughly 300,000-square-foot building adjacent to the Rand-Whitney plant in Boylston, which it intends to use for storage. It makes foam, air pack and wood packaging components.
Rand-Whitney Container, owned by The Kraft Group, opened a 384,000-square-foot corrugated box plant in Boylston, Massachusetts, backed by a $125 million investment. The plant can make up to 300 million boxes a year.
good natured Products signed a two-year contract to supply GoodGuard tamper-evident Bio-PET packaging to a regional US snack food producer, produced at its Houston, Texas facility. Revenue of about USD 1.2 million is expected in the first year, with first shipment in Q3 2023.
Gelpac, a Canadian packaging manufacturer, announced the acquisition of Standard Multiwall Bag Mfg. Co., a maker of industrial and food-grade multiwall bags with plants in Beaverton, Oregon and Lubbock, Texas. The deal was financed by CDPQ, W Investments and a bank syndicate led by National Bank of Canada.
Georgia-Pacific and Dixie completed a $145 million expansion of their Darlington plant, which now makes more Dixie plates and bowls and includes a new distribution center and printer. A ribbon-cutting is planned for the end of May 2023.
Bauer Compressors is expanding its Norfolk, Virginia location and will add 47 new jobs.
TekniPlex Consumer Products plans a 200,000 sq ft specialty molded fiber manufacturing facility in Ohio, scheduled to start operations in early 2024. It is the company's eighth molded fiber facility and follows three recent acquisitions.
Crane Engineering, a Wisconsin fluid technology distributor, acquired Professional Pump, Inc., a Belleville, Michigan distributor of pumps and fluid process equipment. The deal extends Crane's service footprint into Michigan and Northwest Ohio. Existing management will remain.
DXP Enterprises announced it completed the acquisitions of Riordan Materials Corporation and Florida Valve & Equipment/Environmental MD, both water-market suppliers, funded with cash. Riordan serves Mid-Atlantic and Northeast states and Florida Valve serves Florida municipal water markets. The definitive agreements were signed May 1, 2023.
New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.