Entegris Inc. announced a $6.5 billion cash and stock acquisition of CMC Materials, Inc. (formerly Cabot Microelectronics Corporation).
Leonardo Electronics US Inc. announced plans to expand its presence in Oro Valley, Arizona, by purchasing 12 acres and constructing a new 120,000-square-foot semiconductor laser manufacturing facility. The $100 million investment will add 170 jobs over five years.
ABB secured a contract valued at more than $10 million from the City of Baltimore to upgrade the automation, electrical, and power management of the Patapsco Wastewater Treatment Plant. The three-year project will implement ABB Ability 800xA control system, switchgear, and energy management system.
EQ United, an Indiana-based logistics provider and RV components manufacturer, is consolidating its manufacturing into a new facility in Cassopolis, Michigan with a $6.2 million capital investment and up to 175 jobs. The Michigan Strategic Fund supports the project.
SBP Holdings has acquired Watts Steam Store and subsidiaries, which operates three locations in Twin Falls and Idaho Falls, Idaho and Ogden, Utah. The business will join SBP's Dakota Fluid Power platform, announced December 1, 2021.
Management of Vorteq Coil Finishers LLC and other investors completed a buyout of the company from Peninsula Pacific in late November 2021.
ARCH Medical Solutions acquired Tier ONE, a contract manufacturer of high-precision assemblies for life science and medical diagnostic markets, expanding its presence in healthcare and life sciences.
General Shale, a North American brick producer, has acquired Meridian Brick and is rebranding its production and sales locations in the U.S. and Canada under new brands including Canada Brick, Michigan Brick, and Red River Brick.
Regal Rexnord, a manufacturer of industrial powertrain solutions, has acquired Arrowhead Systems, a provider of industrial process automation solutions including conveyors and palletizers. The acquisition expands Regal Rexnord's conveyor offerings into sub-systems and palletizing.
Germany-based Meteor acquired Creative Extruded Products in Tipp City, Ohio, halting the plant's closure. Creative Extruded has more than 200 employees.
Paper Excellence Group announced the successful closing of its acquisition of Domtar, a provider of fiber-based products. Domtar stockholders received $55.50 per share.
CNH Industrial completed its acquisition of Raven Industries, a U.S.-based leader in precision agriculture technology. The announcement was made on 30 November 2021.
Will-Mor Manufacturing, a precision CNC machining and fabrication company, was acquired by Global Precision Products, LLC. The announcement was made on 30 November 2021.
The Boeing Co. was awarded an $85,014,425 ceiling-priced delivery order for overhaul of 40 ship-sets of F-18 landing gear systems in support of F/A-18E/F and EA-18G aircraft. Work will be performed through April 2024.
Pittsburgh-based West View Cunningham Co. bought certain assets of G&W Industrial Sales of Parkersburg, West Virginia, taking over sales of Wilden Pumps and Strahman Valves product lines. The deal strengthens its Parkersburg location's engineering and maintenance capabilities.
KaMin LLC has entered into a definitive agreement to acquire the BASF kaolin minerals business, including production hub sites in Georgia, related mines, reserves, and mills.
MiddleGround Capital, which acquired Banner Industries in 2019, has acquired National Kwikmetal Services and added it to the Banner platform. NKS is a specialty metal services provider for medical and other markets.
Buffalo Pumps, a division of Ampco-Pittsburgh subsidiary Air & Liquid Systems, has been selected by Fincantieri Marinette Marine to supply centrifugal pumps for the construction of guided-missile frigates for the U.S. Navy. The contract has a ceiling value of $22 million over six years, with shipments expected to begin in late 2022.
Austal USA has contracted with SSAB Americas to provide steel for the construction of steel-hulled Towing, Salvage, and Rescue ships (T-ATS) for the U.S. Navy, supporting hundreds of jobs in Mobile, Alabama.
Nemak USA will invest $27 million to expand its Glasgow, Kentucky facility with new equipment and building upgrades, creating 170 jobs to support electric vehicle component production. Production is expected to begin in early 2022.
Mercury Systems, Inc. acquired Atlanta Micro, Inc., a designer and manufacturer of high-performance RF modules and components, for an undisclosed all-cash amount. The acquisition is expected to be immediately accretive to adjusted EPS.
Buffalo Pumps, a division of Ampco-Pittsburgh subsidiary Air & Liquid Systems, was selected by Fincantieri Marinette Marine to supply centrifugal pumps for US Navy guided-missile frigates. The six-year contract has a ceiling value of USD 22.0 million, with shipments expected from late 2022.
INEOS has agreed to acquire LyondellBasell's ethylene oxide and derivatives business, including the Bayport Underwood site in Texas, for $700 million. The deal includes a 420,000 t/yr EO plant, a 375,000 t/yr EG plant, and a 165,000 t/yr glycol ethers plant, with completion targeted for Q2 2024.
Aditya Birla Chemicals is planning to build a new epoxy facility in Beaumont, Texas, with an initial investment of up to $50 million. The 35-acre site will house its first US manufacturing and R&D facility for chemicals, creating at least 32 jobs, and is estimated to be completed in Q1 2027.
Chevron Phillips Chemical and QatarEnergy have reached final investment decision on their $8.5 billion Golden Triangle Polymers joint venture in Orange, Texas. The project includes a 2.08m tonne/year ethane cracker and two 1m-tonne/year HDPE units, expected to be operational in 2026.
Kratos Defense & Security Solutions has received an initial production order for a new, affordable, high performance jet engine for an aerial vehicle application from a national security related customer. Work will be performed at a secure Kratos manufacturing facility.
Zenrin USA, Inc. will merge with Abalta Technologies Inc., effective January 1, 2022. Both are wholly owned subsidiaries of Zenrin Co., Ltd., and the merger aims to simplify the group structure and increase business efficiency.
Posco International, together with Erae Ams Company, won a KRW 145 billion ($122 million) contract to supply half shafts for 340,000 Rivian EVs. Parts shipments are to begin next year.
BASF completed capability upgrades for Superabsorbent Polymers at its Freeport, Texas site after a $19.2 million investment, including new equipment and process optimization.
DA Technology signed a contract with Rivian to supply notching and stack equipment for battery assembly.
Battery equipment maker People and Technology clinched a deal to supply coater and press equipment to Rivian.
Local battery material producer CIS is supplying manufacturing equipment for the electrode process to Rivian.
Posco International is supplying approximately 145 billion won ($122 million) of half shafts for 340,000 Rivian vehicles, with deliveries starting next year.
S&S Activewear, the third-largest supplier in the promotional products industry, completed the acquisition of TSC Apparel, the 14th-largest supplier. Financial terms were not disclosed.
Siemens Energy will supply high-voltage electrical equipment for three offshore platforms of Dominion Energy's 2.6 GW Coastal Virginia Offshore Wind project, the largest US offshore wind farm. Commissioning is expected in 2026.
Westlake Chemical Corp. agreed to acquire the global epoxy business of Hexion Inc. for approximately $1.2 billion.
Samsung Electronics announced a $17 billion investment to build a new semiconductor manufacturing facility in Taylor, Texas, creating over 2,000 jobs, with groundbreaking in first half of 2022 and operations starting in second half of 2024.
Ohio-based Gregory Industries is expanding to Alabama with a $30 million steel manufacturing plant, creating 100 jobs.
T. Hasegawa USA, Inc. announced plans to open a 60,000-square-foot sweet flavor manufacturing facility in Rancho Cucamonga, California in March 2022. The facility will increase U.S. manufacturing resources by 50% and headcount by over 30% over five years.
POSCO International and Erae AMS won a 145 billion won ($122 million) order to supply half shafts for about 340,000 electric vehicles to Rivian Automotive, with supply starting in 2022.
Honeywell International Inc. was awarded a $21,797,957 firm-fixed-price contract by the Naval Supply Systems Command for the repair of five aircraft parts associated with digital displays in support of FA-18, EA-18, and AV-8 weapon systems. Work will be performed in Phoenix, Arizona and is expected to be completed by November 2026.
IDEX Corporation announced a definitive agreement to acquire Nexsight, LLC and its businesses Envirosight, WinCan, MyTana and Pipeline Renewal Technologies for $120 million in cash. The acquisition expands IDEX's wastewater inspection and monitoring capabilities.
The Defense Logistics Agency awarded GE two contracts totaling over $1 billion to support T700 turboshaft engine fleets across the U.S. military: a $284 million contract for field-level consumables and services, and a $722 million contract for depot-level repairables and module components.
NOVONIX opened a new synthetic graphite anode materials plant in Chattanooga, Tennessee, with a $160 million investment. The facility aims to produce at least 10,000 metric tons per year by 2023 and will employ 290 people.
Heavy Metal Equipment & Rentals (HME) acquired Blue Diamond Machinery, a Nevada-based heavy equipment rental company. Blue Diamond's owner Curry Smythe became HME's Vice President of US Operations.
Blue Star NBR and American Glove Innovations (AGI) broke ground on a medical glove manufacturing facility in Wythe County, Virginia. The facility is expected to create about 2,500 jobs and produce more than 60 billion gloves per year.
COIM USA completed a second extension at its West Deptford, New Jersey plant to increase saturated polyester production capacity by 1.7 times. The first extension, completed in July 2021, increased low free monomer prepolymer capacity by 2.5 times. The new polyester line will start full production in January 2022.
Kaiser Aluminum Corporation acquired the Alcoa Warrick aluminum rolling mill in an equity deal for $670 million, bringing nearly 1,200 employees into its fold. The mill is a dedicated can sheet mill in North America.
Smith & Co., a precision CNC machining startup, will invest $2.56 million to open a 7,500-square-foot facility in Birmingham, Alabama, creating 54 jobs over three years. The facility will serve defense, aerospace and automotive industries.
Mondelēz International will invest $122.5 million over three years to expand its Richmond Biscuit Bakery in Virginia, adding 68,000 square feet and a high-speed Oreo production line. A new sales fulfillment center will open in 2022, creating about 80 jobs.