Texas Instruments filed an application for a property value limitation, confirming Sherman, Texas as a finalist site for a proposed multi-billion dollar 300mm semiconductor wafer fab. The first phase, with $6.5 billion investment, is expected to begin construction in 2022, equipment installation in 2024, and production by 2025. Total investment across four phases could reach $29.4 billion.
Polimeros Sinteticos and EMCO Chemical Distributors signed an exclusive distribution agreement for Polimeros' product line throughout the Midwest.
Arxada and Troy Corp. entered into an agreement to combine the two companies.
Prinoth, part of the HTI Group, announced an agreement to purchase 100% of the capital stock of Jarraff Industries Inc., a US manufacturer of right-of-way maintenance and tree care equipment based in St. Peter, Minnesota.
Hiab, part of Cargotec, received three large orders totaling EUR 12.9 million for MOFFETT truck mounted forklifts and HIAB loader cranes from US customers, including two builders' supply companies and a liquified gas distributor.
Nelson Global Products Inc acquired Tru-Flex LLC, a manufacturer of flexible exhaust system components. HBM Holdings, Tru-Flex's parent, retains an ownership stake through an investment in Nelson Global Products.
General Motors and Wolfspeed announced a strategic supplier agreement for silicon carbide power device solutions for GM's future electric vehicle programs. The devices will be used in GM's Ultium Drive units and produced at Wolfspeed's Mohawk Valley Fab in Marcy, New York.
ENTEK Manufacturing announced the opening of a new 98,000 square foot manufacturing and engineering facility in Henderson, Nevada. The company is investing over $10 million in new equipment and expects to hire 50 or more employees by late 2022. The facility will produce wear parts, fabrication, and assembly.
Spirit AeroSystems opened its National Defense Prototype Center (NDPC) in Wichita, Kansas, a joint project with Wichita State University's National Institute for Aviation Research. The 125,000 sq ft center focuses on high-temperature materials for defense and space applications.
Fred Weber, Inc. sold its aggregates and asphalt assets to New Frontier Materials. The transaction closed in July 2021. Terms were not disclosed.
nVenia has opened a new 256,000 square foot, $15 million office and manufacturing facility in Wood Dale, Illinois, serving as its headquarters. The facility is fully operational.
The Department of Management Services of the State of Florida awarded Noble a contract for statewide purchasing of facilities maintenance, repair, and operations (MRO) and industrial supplies through the NASPO ValuePoint program.
USALCO LLC was awarded an $18,946,760 firm-fixed-price contract by the U.S. Army Corps of Engineers to supply aluminum sulfate and polyaluminum chloride to the Washington Aqueduct. The contract has an estimated completion date of Sept. 30, 2026.
Stryker Sales LLC was awarded a maximum $100 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency for patient monitoring and capital equipment systems and accessories. The contract has a five-year base with a five-year option, with ordering period through Sept. 30, 2026.
The Manitowoc Company completed its purchase of H&E Equipment Services Inc.'s crane business for about $130 million. The acquired business will operate under the new subsidiary MGX Equipment Services, LLC.
ResMed completed the acquisition of Ectosense, maker of the NightOwl cloud-connected home sleep test device. The deal expands ResMed's diagnostic portfolio for sleep apnea.
Olympic Steel acquired the assets of Shaw Stainless and Alloy, including its stainless steel distribution and fabrication businesses, as well as architectural and barrier defense businesses. The all-cash purchase is immediately accretive; terms were not disclosed.
Leprino Foods announced plans to build an 850,000 square foot mozzarella cheese and nutrition manufacturing facility in East Lubbock County, Texas, with an investment of $870 million. The plant will process 8 million pounds of milk per day.
Martin Marietta Materials completed the acquisition of assets from Lehigh Cement Company LLC on October 1, 2021, pursuant to a Securities Purchase Agreement dated May 23, 2021.
Westlake Chemical Corporation completed the acquisition of Boral Limited's North American building products businesses for $2.15 billion in cash. The deal includes 29 manufacturing sites in the US and Mexico and approximately 4,600 employees.
Pries Enterprises is adding a 100,000 sq ft expansion with a new 44MN extrusion line at its Independence, Iowa facility. The line is expected to be fully operational by December 31, 2021, and will increase capacity by 50%.
The US Air Force awarded a $2.6 billion contract to Rolls-Royce for 608 F130 engines to re-engine the B-52H bomber fleet. Integration by Boeing is planned, with first modified aircraft delivery by end of 2028.
Applied Control and PCE Pacific agreed to merge, combining their industrial automation businesses in the western United States. The merged entity will operate as Emerson Impact Partners.
AT&T has selected Ericsson to expand its 5G network and C-band spectrum build. The contract was announced on October 1, 2021.
Trademark Metals Recycling LLC (TMR), a subsidiary of Nucor's David J. Joseph Company, agreed to purchase the assets of Garden Street Iron & Metal Inc. in Fort Myers, Florida. The transaction is expected to close on October 4, 2021.
Advantage Metals Recycling (AMR), a subsidiary of Nucor's David J. Joseph Company, completed the purchase of Grossman Iron and Steel in St. Louis, Missouri on September 30, 2021. The acquisition adds a scrap recycling facility to AMR's network.
Fenner Precision Polymers, a Michelin Group company, acquired industrial conveyor belting and wire cloth manufacturer Lumsden Corp. The acquisition adds 126 local employees and strengthens Fenner's position in specialized conveying products.
Lordstown Motors and Hon Hai Technology Group (Foxconn) reached an agreement in principle to jointly develop electric vehicle programs at Lordstown Motors' assembly plant in Lordstown, Ohio. Foxconn will also purchase $50 million of Lordstown Motors' common stock.
Siemens Government Technologies has been awarded a contract worth over $1.784 million by the FDA to install and configure an Advanced Digital Design and Manufacturing demonstration line for regulatory science use.
Toshiba Energy Systems & Solutions Corporation, through its affiliate Toshiba America Energy Systems Corporation, completed the acquisition of the EtaPRO business from GP Strategies Corporation. The acquisition was originally announced in May 2021.
Misonix, a provider of minimally invasive therapeutic ultrasonic technologies, has been acquired by Bioventus. Misonix stockholders received either 1.6839 shares of Bioventus class A common stock or $28.00 in cash per share.
Opus Packaging Group acquired the assets of Palmetto Packaging Corporation, a corrugated products maker in Florence, South Carolina, effective October 1, 2021. The deal adds Opus's seventh manufacturing facility and extends its footprint in the southeast US.
GTCR announced on October 1, 2021 its acquisition of PPC Flexible Packaging, a Buffalo Grove, Illinois maker of flexible packaging, from seller MSCP. PPC had completed seven acquisitions under MSCP's ownership.
The State of Florida Department of Management Services awarded Noble a statewide contract for facilities maintenance, repair and operations supplies and industrial supplies through the NASPO ValuePoint program.
Hydraquip, Inc., part of Employee Owned Holdings, acquired substantially all assets of Flint Hydraulics, a Memphis-based distributor of hydraulic pumps, motors and parts, on October 1, 2021. Flint Hydraulics will keep serving clients under its own name.
The U.S. Navy awarded a $144.6 million contract to Austal USA for detailed design and construction of two Navajo-class towing, salvage and rescue ships. The contract was awarded on September 30, 2021.
Ridge Corporation announced a $11 million expansion of its production facility in Frazeysburg, Ohio, on September 30, 2021. The project will add 107,000 square feet and create 85 new jobs.
Danimer Scientific is collaborating with Chevron Phillips Chemical to explore a loop slurry reactor design for manufacturing Rinnovo PHA, aiming to lower costs and increase production volumes.
Enginuity Power Systems received a $3.67 million contract from the U.S. Army to build two hybrid genset prototypes. West Virginia University will assist in design and testing.
The U.S. Air Force awarded Rolls-Royce North America a $2.6 billion contract to supply 608 F130 engines for the B-52H Stratofortress, including spare parts and support. The engines will extend the B-52's service life to the 2050s.
Machine Tool Research in Rochester, New York, was awarded a $31,476,471 firm-fixed-price contract by the Defense Logistics Agency for shaft lathes. The contract has a performance completion date of March 28, 2026.
Lordstown Motors and Hon Hai Technology Group (Foxconn) reached a non-binding agreement in principle to jointly develop electric vehicle programs at Lordstown's Ohio plant. Foxconn will also purchase $50 million of Lordstown Motors common stock.
Welbilt stockholders approved the merger agreement with Ali Group with 99.72% of votes in favor. The companies will divest the Manitowoc Ice brand to address antitrust concerns, with the acquisition expected to close in early 2022.
Edgewater Capital Partners acquired Technetics PTFE & Polymer Solutions (Technetics Group Houston), effective September 3, 2021. The business has been renamed Altamira Material Solutions LP, including facilities in Houston and Hatfield, Pennsylvania.
HarbisonWalker International announced plans to build a new manufacturing and service hub for steel customers in the U.S., increasing refractory production capacity. Construction will begin once a site is selected, with opening expected as early as Q3 2022.
Siemens Gamesa received a firm order from Orsted and Eversource for 77 offshore wind turbines: 65 SG 11.0-200 DD for the 715 MW Revolution Wind project off Rhode Island (completion expected end of 2024) and 12 for the 132 MW South Fork project off Long Island, New York (completion expected end of 2023).
Emerson and BayoTech announced a multiyear strategic framework agreement. Emerson will provide advanced automation technologies, software, and products to enable BayoTech to build hundreds of hydrogen generation units for cleaner, lower-cost hydrogen.
Sixeight, a Knoxville-based growth equity firm, acquired US Machine & Tool, a precision CNC machining and fabrication company in Murfreesboro, Tennessee, on September 30, 2021.
Domtar's Engineered Absorbent Materials (EAM) facility in Jesup, Georgia, announced an expansion project earlier in 2021 to add a large-scale airlaid nonwovens production line. When complete in 2022, it will make Domtar the second-largest airlaid supplier in the US and third-largest globally.
Tension Packaging & Automation, a division of Tension Corporation, will acquire Colorado Automation & Design (CAD) on October 1, 2021. The acquisition enhances Tension's offerings in e-commerce and pharmacy automation.