Merck (known as MSD outside US and Canada) announced a definitive agreement to acquire Acceleron Pharma Inc. for $180 per share in cash, totaling approximately $11.5 billion equity value. Acceleron focuses on TGF-beta superfamily therapies, including sotatercept for pulmonary arterial hypertension and REBLOZYL for anemia.
Hexion Holdings Corporation announced plans to separate into two independent companies: Hexion Holdings (adhesives and Versatic Acids) and Hexion Coatings and Composites (US) Inc. (epoxy-based coatings and composites), via an IPO and spin-off.
Watts Water Technologies acquired Sentinel Hydrosolutions, LLC, a provider of leak detection solutions based in Escondido, California, in an all-cash merger transaction completed in September 2021. The deal value was not disclosed.
USALCO, LLC acquired the water treatment business of ALTIVIA, which operates a manufacturing facility in Houston, Texas, producing ferric sulfate, ferrous sulfate, and specialty coagulant blends. The deal broadens USALCO's coagulant product offering and geographic coverage in Texas.
Sandvik Group completed the acquisition of CNC Software Inc., a provider of CAD/CAM software for manufacturing industries. The deal value was not disclosed.
ASMPT signed a definitive agreement to acquire Mycronic's subsidiary AEi, a leader in automated sensor assembly and test equipment, in an all-cash transaction. The deal is subject to customary closing conditions and regulatory approvals.
Silgan Holdings acquired Unicep Packaging, a precision dosing dispensing packaging maker with two plants in Spokane, Washington and Sandpoint, Idaho, for $237 million, with projected 2021 sales of about $45 million.
Jianas Brothers Packaging was awarded a contract worth up to $47.09 million by the Defense Logistics Agency.
Spanish paper and packaging group SAICA plans to invest $800 million over the next five years to expand in the US market, via acquisition or new plant construction, while building a corrugated paper plant in Hamilton, Ohio due to open in early 2022.
Northrop Grumman Systems Corp. was awarded a $43,830,377 firm-fixed-price order to procure spare components for the Japan configuration of the E-2D Advanced Hawkeye aircraft. Work will be performed at multiple locations and is expected to be completed by March 2027.
Ritchie Bros. Auctioneers has entered into a definitive agreement to acquire SmartEquip, a multi-manufacturer platform for equipment service lifecycle management and parts procurement, for approximately $175 million.
HEICO acquired 80.1% of RH Laboratories, a company specializing in RF/microwave assemblies and components.
TransTech Energy, through its subsidiary Energyneering Solutions, LLC, acquired a majority ownership of ENERGYneering Solutions (ESI), a biogas technical services provider. The acquisition extends TransTech's biogas engineering, construction, operations, and maintenance capabilities.
ENERGYneering Solutions (ESI) partnered with TransTech Energy to expand resources and geographic presence in the biogas industry. ESI will continue under President Benny Benson, who retains an ownership position.
Nolan Capital acquired Apollo Technologies, a Southern California-based water treatment service contractor specializing in cooling tower and boiler systems for industrial and commercial facilities, primarily in food-processing and cold storage markets.
Samsung Electronics is close to finalising a $17 billion semiconductor factory in Williamson County, Texas, that will make advanced logic chips and create about 1,800 jobs. A final decision has not been made.
Commercial Metals Company announced that its subsidiaries CMC Steel Fabricators, Inc. and TAMCO entered into a Purchase and Sale Agreement and Joint Escrow agreement on September 29, 2021, to sell the businesses. The filing is an 8-K form with the SEC.
GE announced that four of its TM2500 aeroderivative gas turbines have been ordered, delivered, installed, and commissioned in 42 days by the California Department of Water Resources, Kiewit Power Constructors, and GE. The turbines provide up to 120 MW of peak power at Roseville and Yuba City Power Plants.
PDC Machines has signed the lease on a new 148,000 square foot plant in Lower Salford, Pennsylvania to scale up production of diaphragm gas compressors for hydrogen refuelling stations, with capacity of thousands of units per year.
Picard Medical Inc., a portfolio company of Hunniwell Lake Ventures, has acquired SynCardia Systems LLC, the global leader in total artificial heart technology.
E.A.S. Manufacturing Co. Inc. was awarded an $11,968,246 U.S. Navy contract to produce and deliver Aircraft Launcher Interface Computer chassis and assemblies for F-15/F-16 aircraft.
Crestview Aerospace acquired KEMCO Aerospace Manufacturing, a Missouri-based manufacturer of machined components.
The Ultra-Met Company in Urbana, Ohio, was awarded a $47.8 million U.S. Army contract, generating new work for the manufacturer.
Harpak-ULMA announced a partnership with FANUC America to improve robotics, automation and software solutions for food packaging and manufacturing. Harpak-ULMA will showcase FANUC products in its customer experience centers starting December 2021.
HeidelbergCement has signed an agreement to make a minority investment to acquire 45% in Command Alkon, a supply chain technology provider for heavy building materials, as part of a partnership with majority owner Thoma Bravo.
Lumentum Holdings Inc. announced plans to establish a new U.S. manufacturing facility in Greensboro, NC, to produce advanced indium phosphide-based optical devices for AI data centers. The company will invest hundreds of millions of dollars and create over 400 jobs at the 240,000-square-foot site acquired from Qorvo.
JetZero announced it will build its first advanced manufacturing and final assembly facility at Piedmont Triad International Airport in Greensboro, NC, to produce its Z4 all-wing aircraft. The project is expected to create over 14,500 jobs and reach full production capacity of 20 aircraft per month by the late 2030s.
Hoffman & Hoffman announced a $13.5 million capital investment to expand operations at its new location in Greensboro, North Carolina, creating 131 new jobs and retaining 335 positions. The expansion strengthens the company's HVAC and building automation services footprint.
Generac announced a $53 million investment to expand its Wisconsin operations, adding 700 new manufacturing and office jobs. The company plans to purchase a new building in Pewaukee and is eligible for $9 million in state tax credits.
Freudenberg Filtration Technologies plans to acquire Protect Plus Air Holding to grow its North American portfolio.
Vestas secured a 207 MW order from Duke Energy Sustainable Solutions for the Ledyard Windpower project in Iowa, USA. The order includes 46 V150-4.5 MW turbines, supply, commissioning, and a 10-year service agreement. Delivery begins Q2 2022, commissioning in Q4 2022.
Ford and SK Innovation plan to invest more than $11.4 billion to build twin lithium-ion battery plants in central Kentucky and a 3,600-acre campus in west Tennessee called Blue Oval City, creating nearly 11,000 jobs. The campus will include a battery plant, assembly plant for electric F-Series trucks, supplier park, and recycling center.
HeidelbergCement AG agreed to acquire a 45% stake in Command Alkon Incorporated from Thoma Bravo, L.P. on September 28, 2021. Thoma Bravo will retain the majority stake. The deal is subject to regulatory approvals.
First Quality announced a $418 million expansion of its Macon, Georgia facilities to increase manufacturing capacity by 50 percent, creating 600 new jobs. The expansion was announced in April 2024 and funding was finalized in October 2024.
Choctaw Defense Manufacturing in McAlester, Oklahoma, received a $26,334,300 contract from the U.S. Navy for Small Munitions Trailers, involving fabricated structural metal manufacturing. Work is expected to start in early 2022.
LafargeHolcim in the United States has acquired Utelite Corp., a producer of expanded shale lightweight aggregate in Coalville, Utah. The acquisition strengthens LafargeHolcim's aggregate position in the Mountain Region.
Mespack and Cloud, two flexible packaging equipment companies, have joined forces to create Mespack-Cloud, offering integrated packaging solutions. Cloud's production plant in Des Plaines, Illinois, will serve US and Canada customers.
Private equity firm MFG Partners has completed the acquisition of Mellott Company, an aggregates processing services and equipment provider headquartered in Warfordsburg, Pennsylvania. Terms were not disclosed.
Rolls-Royce has been selected by the US Air Force to provide F-130 engines for B-52 Stratofortress bombers, in a contract potentially worth up to $2.6 billion. The initial contract is worth $500 million.
Jervois Global Limited is advancing construction at its Idaho Cobalt Operations (ICO) in Idaho, USA. The company has committed over US$30 million towards equipment, materials, and labor, with commissioning and first production of cobalt concentrate expected from mid-2022.
Siemens Healthineers will invest more than $32 million to expand its laboratory diagnostics manufacturing facility in Newark, Delaware. The project is expected to take 24 months and will expand manufacturing capabilities for the Atellica Solution.
Kraton Corporation has entered into a definitive merger agreement to be acquired by DL Chemical Co., Ltd. in an all-cash transaction implying an enterprise value of approximately $2.5 billion.
Altech Recycling LLC, a joint venture between Toyota Tsusho America and Alter Trading Corporation, began operations in September 2021 in Little Rock, Arkansas, to produce high-grade aluminum product Twitch from recycled scrap.
Cargill has agreed to acquire Arkema's epoxides business, including a facility in Blooming Prairie, Minnesota, to gain end-to-end production capabilities in bio-based plasticizers and polyols.
SOMIC America agreed to provide GOYA Foods with a proprietary retail-ready end-of-line packaging machine, the 424 T2+ case packer, announced on the opening day of PACK Expo Las Vegas.
Crown Holdings will build a two-line aluminium beverage can facility of 355,000 sq ft in Mesquite, Nevada, creating 126 jobs. Operations are scheduled to start in the second quarter of 2023.
Intel broke ground on two new semiconductor factories at its Ocotillo campus in Chandler, Arizona, representing a $20 billion investment. The fabs are scheduled for completion in about three years.
L3Harris Technologies has been selected by the U.S. Army to produce 2,498 Leader Radios under a $118.7 million purchase order and 2,320 Manpack Radios under a $226.5 million purchase order.
Novelis is restarting idled equipment at its Terre Haute plant to resume household aluminum foil production, investing $7 million and hiring 37 new employees. The company had 167 employees in mid-August.
Nuvotronics, a Cubic subsidiary, has been awarded a contract to deliver line replaceable unit test assets for potential F-16 upgrades. The contract involves design, development, production, testing, qualification and delivery to Georgia Tech Research Institute.