Seven Seas Water Group has signed a contract with the City of Alice, Texas to build a brackish water desalination plant under a public-private partnership. The plant will be financed, designed, built, operated and maintained by Seven Seas.
Paragon Medical broke ground on a 34,000-square-foot addition to its manufacturing plant in Pierceton, Indiana, with an initial investment of $16 million and plans for an additional $19 million over five years. The expansion will support 15 new employees and focus on 3D printing of porous titanium implants, expected to be fully operational by end of 2022.
The Department of the Air Force awarded a $2,604,329,361 contract to Rolls-Royce Corporation for 608 military derivative commercial engines, plus spares and support, for the B-52H Stratofortress bomber fleet. The Rolls-Royce F130 engine will replace the TF33-PW-103, with first modified aircraft delivery by end of 2028.
Intel broke ground on two new leading-edge chip factories at its Ocotillo campus in Chandler, Arizona, as part of a $20 billion capacity expansion. The project is the largest private investment in Arizona's history and brings Intel's total investment in the state to over $50 billion.
Chance Aluminum acquired the closed JW Aluminum facility in Williamsport, Pennsylvania, and plans to invest over $18.5 million to set up an aluminum rolling mill for foil and common alloy coils, creating about 100 jobs.
Novozymes contracted GEA for the turnkey fitting of a plant-based protein facility in Blair, Nebraska. The factory is part of Novozymes' DKK 2 billion ($315 million) investment and is expected to be completed by end of 2023.
Exeter Engineering and Key Technology formed a sales and service partnership, appointing Exeter as exclusive agent for Key's OCULUS digital sorters for fresh market potatoes in the US, Canada and Mexico.
Schneider Electric signed a $10 million, 20-year Energy Savings Performance Contract with the University of North Texas Health Science Center to modernize cooling infrastructure for research labs.
Helix Electric announced its first manufacturing facility in Arizona, a 112,000-square-foot plant in Goodyear, to manufacture building components for electrical construction. The facility will create over 100 jobs.
Virginia Industrial Plastics Inc. is investing over $6.5 million to expand its plant in Elkton, Virginia, creating 92 new jobs. The expansion will increase capacity for Cabinet Savers and VIP Golf Cars product lines.
Tyber Medical has reached an agreement to purchase all assets of CatapultMD, a contract manufacturer based in Bonita Springs, Florida. The acquisition will double Tyber's manufacturing footprint to 100,000 square feet and add up to 24 employees.
Kopin Corporation announced it has received an approximately $850,000 follow-on order for its proprietary Lightning 2K silicon backplane wafers for OLED microdisplays.
Constellium SE announced it will supply aluminium structural components for the all-electric Ford F-150 Lightning, including windshield header, rocker, and radiator support. The components will be supplied from Constellium's plant in Van Buren, Michigan.
Chadwick-BaRoss Inc. has completed the acquisition of J.F. McDermott Corp., a distributor of equipment to the water and wastewater industries based in Whitman, Massachusetts. Financial terms were not disclosed.
Florim USA will expand its operations in Clarksville, Tennessee, as announced by state officials.
GE Healthcare entered an agreement to acquire BK Medical, a leader in surgical visualization, from Altaris Capital Partners for $1.45 billion cash, expanding its ultrasound portfolio into surgical interventions.
Andritz Hydro Corp. was awarded an $89,743,530 firm-fixed-price contract by the U.S. Army Corps of Engineers for refurbishment of Robert S. Kerr generator units in Keota, Oklahoma, with completion by June 4, 2029.
Ball Corporation announced plans for a multi-line aluminum beverage can plant in North Las Vegas, Nevada, with a nearly $290 million investment, about 180 jobs and production starting in late 2022.
Kruger Packaging is building its first US packaging plant in Elizabethtown, Kentucky, a $114 million investment expected to create 150 jobs and produce 2.4 billion square feet of corrugated boxes per year.
Omni Medical Systems Inc. was awarded a $29 million firm-fixed-price contract by the U.S. Army for the Parachute Flotation Device. Work will be completed by September 21, 2026.
GS Plastic Optics (GSPO) will expand its injection molding facility in Rochester, New York, with an 8,000-square-foot addition and new equipment, funded by a $35 million federal contract to LightDeck Diagnostics. GSPO will produce laser waveguides for LightDeck's COVID-19 antibody test platform.
Chance Aluminum, an aluminum and stainless steel producer, will invest $18.5 million to reopen the former JW Aluminum facility in Williamsport, Pennsylvania, as an aluminum rolling mill. The plant will produce aluminum foil and other alloy coils and create 100 jobs.
Sumitomo Corporation of Americas signed a non-exclusive sales agreement to market EcoVAP's industrial wastewater elimination technology to its global network. EcoVAP's technology evaporates water at a rate nearly 60 times faster than conventional evaporation ponds.
Aery Aviation is breaking ground on a new 60,000-square-foot hangar facility at Newport News/Williamsburg International Airport, investing $15.3 million and creating 211 new jobs. The facility will expand capabilities in maintenance, modification, and engineering.
Clearlake Capital Group has agreed to acquire specialty packaging solutions provider Mold-Rite Plastics from Irving Place Capital.
Graycliff Partners LP completed the acquisition of Electro-Mechanical Corporation (EMC), a manufacturer of medium voltage electrical equipment including switchgear and transformers, based in Bristol, Virginia. EMC serves utility and industrial end markets.
OHLA Group, via its subsidiary OHLA USA, received a $379 million contract from Caltrans to improve traffic flow along the I-5 North freeway in Santa Clarita and Los Angeles County, California. The project includes lane widening, bridge reconstruction, and other infrastructure work.
Kemco Aerospace Manufacturing won a contract to annually manufacture 30,000 units of a single aerospace component. To fulfill the contract, Kemco invested in an automated robotic cell featuring Hwacheon machines and a FANUC robot.
Xeriant and XTI Aircraft have executed a Letter of Intent to pursue a merger whereby Xeriant would acquire 100% of XTI's shares. The parties will negotiate a definitive merger agreement by October 22, 2021.
Knauf Insulation will establish a new fiberglass insulation manufacturing and distribution facility in McGregor, Texas. The project will create 151 jobs and involve more than $210 million in capital investment.
Carrier Global Corporation signed an agreement to acquire Nlyte Software, a leader in data center infrastructure management software. The acquisition is expected to close in Q4 2021.
RAE Corporation, a climate control solutions manufacturer, acquired Honeycutt Construction, a steel building manufacturing and installation company. Both are family-owned and based in Pryor, Oklahoma.
The U.S. Department of Defense, through DLA Strategic Materials, awarded a $4,570,094.21 contract for 420,000 pounds of ENKA 300/60 AS Select rayon, with delivery over 720 days from the award date of September 21, 2021.
GS Plastic Optics (GSPO) has been awarded a contract to produce optical components (waveguides) for LightDeck Diagnostics' COVID-19 antibody testing platform. GSPO will invest $5 million in an 8,000 sq. ft. expansion of its Rochester, NY facility, creating 15 jobs, to support production of one million waveguides per month by Fall 2022.
Karman Missile & Space Systems, backed by Trive Capital, has acquired TMX Engineering to expand its capabilities in precision machining for space, missile, and hypersonic markets. The TMX senior leadership team will continue as equity holders.
ZF Friedrichshafen AG announced the full integration of MICO, a developer of hydraulic and electrohydraulic braking systems, into its Off-Highway Business Unit. MICO was acquired by WABCO in 2016 and became part of ZF when ZF acquired WABCO in 2020.
The U.S. Army awarded a $7.7 million contract to Russellville-based G&G Steel to build and deliver a new lift gate for the Melvin Price Lock and Dam in Alton, Illinois. Work is expected to be completed by April 1, 2024.
Sandvik Coromant is adding a new solid round tools production line at its Westminster, South Carolina facility to serve aerospace and automotive customers. The transfer will be in full operation by Q2 2022.
Truvant signed a lease and began interior construction of a 355,517 square foot packaging facility in Hazlet, Texas, expected to open in early 2022. The expansion will create over 150 jobs, with plans to grow to over 500 workers within 36 months.
Grundfos entered into an agreement to acquire Mechanical Equipment Company, Inc. (MECO), a US-based water treatment solutions provider. The transaction is expected to close in autumn 2021, subject to regulatory approvals.
Boston Scientific announced an agreement to acquire Devoro Medical, developer of the WOLF Thrombectomy Platform, for an upfront payment of approximately $269 million for the 84% stake not yet owned, plus up to $67 million in milestones.
Brunswick Corporation's Advanced Systems Group acquired SemahTronix, a supplier of electrical wiring harnesses for marine, mobile, and defense industries. The acquisition enhances Brunswick's integrated systems offerings.
PTI Technologies was awarded an indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency Aviation for Anti-Ice Starting Bleed Valves used on GE T700 engines in UH-60 Black Hawk and AH-64 Apache helicopters. The contract runs for five years.
Curtiss-Wright received contracts valued at approximately $100 million from Bechtel Plant Machinery to supply pumps for the US Navy's Virginia-class and Columbia-class submarines and Ford-class aircraft carriers. The work is performed at its Cheswick, Pennsylvania facility.
Clarendon Specialty Fasteners, Inc. (CSF) acquired Aircraft Hardware West (AHW) on September 20, 2021. AHW is a distributor of aerospace and commercial fasteners, headquartered in Long Beach, California.
Calvert Street Capital Partners acquired Machine Specialties, Inc., a machining and metal-finishing specialist in Whitsett, North Carolina. The acquisition closed on September 20, 2021.
DXP Enterprises acquired Premier Water, a Charlotte, NC-based provider of products and services for the wastewater and water treatment markets. The financial terms were not disclosed.
Aramsco, Inc. acquired Penn Valley Chemical Company, a regional distributor of janitorial supplies and equipment based in Lansdale, PA. The acquisition expands Aramsco's distribution network in the Northeast.
Generac, Inc. acquired Tank Utility, a provider of IoT monitoring for delivered fuels. The acquisition will enable Tank Utility to offer a broader product line and access to Generac's global supply chain.
Thomas H. Lee Partners (THL) agreed to acquire Brooks Automation's Semiconductor Solutions Group (automation business) for $3 billion in cash. The transaction is expected to close in the first half of 2022.