Sri Trang Gloves announced its intent to establish production in the United States with a proposed 100-plus acre campus including a nitrile glove manufacturing facility, distribution center and warehouse. Potential US production is estimated to reach 2.5 billion nitrile gloves annually after the first full year.
Vizient, Inc. announced an agreement with Thailand-based Sri Trang Gloves for chemo-rated nitrile exam gloves under the Vizient Novaplus Enhanced Supply program. The agreement includes onshore inventory requirements to improve supply assurance.
Shuttleworth announced a 50,000-square-foot expansion to its headquarters facility in Huntington, Indiana, with an investment of $4.67 million. The project will add 20 net new jobs by the end of 2024 and is slated for groundbreaking in Fall 2021 with completion in 2022.
Meritor Inc announced it will supply its Blue Horizon 14Xe integrated electric drive axles to Hyliion for use in the Hypertruck ERX hybrid-electric powertrain.
The Biden Administration awarded a $6.5 million contract to U.S. Cotton LLC to increase domestic production of polyester tipped swabs for COVID-19 testing. The company will ramp up production capacity from 92 million to 371 million swab tips per month by May 2022.
Muncie Power Products bought a former industrial building at 2500 N. Priority Way in Yorktown, Indiana, and will add 100,000 sq ft and invest over $20 million to consolidate operations there.
Liberty Oilfield Services selected Rolls-Royce mtu gas generator sets to power its digiFrac electric frac pumps, with 14 gensets to be supplied by the end of 2021 through distributor Stewart & Stevenson.
Apex Companies has acquired Engineered Handling, Inc., a storage and warehouse equipment supplier based in Charlotte, North Carolina. The acquisition expands Apex's reach into the Mid-Atlantic and Southeast U.S. and adds capabilities in the automotive parts and tool crib market.
Price Container, a division of TricorBraun, signed a lease for a 30,000 sq ft facility in the Port of Centralia's Park I development in Washington to open a new metal and plastic packaging operation.
Consolidated Equipment Group, a portfolio company of Hanover Partners and Northstar Capital, was acquired by Dominus Capital. Terms were not disclosed. CEG designs and manufactures skid-steer and tractor attachments.
Grote Co., a family-owned food slicing and assembly equipment company, acquired Precision Food Innovations (PFI), a manufacturer of conveying equipment, from Precision Inc. on August 13, 2021. Terms were not disclosed.
The U.S. Navy awarded a $1.7 billion contract to 381 Constructors, a joint venture of TIC (Kiewit), Cianbro, and Middlesex, to enlarge and reconfigure Dry Dock 1 at Portsmouth Naval Shipyard in Kittery, Maine. The project will extend through 2028.
Benvic Group announced the acquisition of Chemres, a US-based specialty compounder focused on high-performance polymer compounds for medical, packaging, and wire & cable industries. The deal allows Benvic to enter the US market.
Corrigan OSB, a subsidiary of Martco L.L.C. (RoyOMartin), announced a new oriented strand board (OSB) production facility in Polk County, Texas, with $211 million in capital investment and 50 new jobs.
The US Naval Air Warfare Center awarded three indefinite-delivery/indefinite-quantity contracts to Machine Tools Marketing Inc., Machine Tools USA Inc., and Pacific IC Source for machine tools and support services. The aggregate ceiling for all contracts is $40 million.
Memic Innovative Surgery Ltd. and MedTech Acquisition Corporation announced a definitive agreement for a business combination. The combined company will operate under the Memic name and list on Nasdaq. The transaction is expected to close in Q4 2021.
Arconic announced a $100 million expansion of its Blount County operations in Alcoa, Tennessee, to increase capacity for industrial and can sheet aluminum. The project will create 200 new jobs.
Basalite Concrete Products opened a new 189,000 sq ft production and distribution facility in Fort Lupton, Colorado. The initial investment was $55.7 million, with an anticipated additional $17.5 million, and the facility supports 60 relocated jobs and 10 new jobs.
The Weir Group plans to expand its operations in Utah, adding up to 133 new jobs over 10 years with a capital investment of $22.6 million. The company is a global leader in slurry handling equipment.
Continental AG is building a 215,000 SF greenfield manufacturing facility in New Braunfels, Texas, to produce products for Advanced Driver Assistance Systems (ADAS). Operations are expected to start in the second half of 2022, creating 580 jobs.
MTU Aero Engines AG sold Vericor Power Systems, a marine and industrial gas turbine OEM, to US private equity company CSL Capital Management. No financial details were provided.
CSL Capital Management formed Kanaci Technologies, integrating BJ Energy Solutions' technology, and acquired Vericor Power Systems, a supplier of aeroderivative gas turbines. Vericor will operate as a subsidiary of Kanaci Technologies.
Genuen, a provider of test solutions, acquired Versatech, an engineering firm specializing in robotic and production automation equipment. The acquisition adds production line automation and test capabilities to Genuen's offerings.
BKV Corporation, in partnership with Banpu Power US Corporation, signed an agreement to purchase the Temple 1 power plant in Temple, Texas, for $430 million, expected to close in Q4 2021.
Kaman Aerospace Group, Inc. was selected by Transcend Air Corporation to build the Vy 400 High Speed Vertical Takeoff and Landing aircraft, a high-speed VTOL design for regional city-to-city travel.
H2O LLC acquired the assets of BOSS Separators, a manufacturer of oily water separators for the marine industry, from Recovery Energy, Inc. The BOSS Separators brand will remain intact as a product of H2O LLC.
AA Metals, Inc., a North American aluminum and stainless steel distributor, has bought the former JW Aluminum plant in Williamsport. The plant will begin operation around Q4 2021 under the name Chance Aluminum Corp.
Aprilaire, a brand of Research Products Corp., accelerated expansion plans by adding a 110,000 sq ft distribution and shipping center and a 60,000 sq ft manufacturing facility, and doubling its total employees to about 700.
Creation Technologies Inc. will acquire all outstanding shares of IEC Electronics Corp. for $15.35 per share in cash, representing an enterprise value of $242.3 million including debt. The merger will combine two electronics manufacturing services providers.
The Boeing Co. has been awarded a maximum $26,810,487 firm-fixed-price delivery order by the Defense Logistics Agency for F/A-18 aircraft spare parts. The delivery order end date is Oct. 31, 2027.
Boston Scientific Corp. has been awarded a maximum $265,230,300 fixed-price, indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency for cardiovascular procedural packages and supplies. The five-year contract has a Sept. 30, 2026 ordering period end date.
Centerbridge Partners, L.P. announced a definitive agreement to acquire IPS Corporation from Cypress Performance Group, LLC. Financial terms were not disclosed.
Banpu Power Plc, through its joint venture BKV-BPP Power LLC, agreed to acquire 100% of Generation Intermediate Holdings II LLC, which owns the 768 MW Temple 1 combined cycle gas turbine power plant in Texas, for $430 million.
Nucor Corp. completed its $1 billion acquisition of two insulated metal panel brands, CENTRIA and Metl-Span, from Cornerstone Building Brands. The deal adds 830 employees from seven manufacturing facilities.
Rumiano Cheese Company celebrated the grand opening of a new 46,766-square-foot cheese processing and packaging plant in Willows, California, which will double packaging volume by end of 2025.
Aurora Material Solutions, a leader in PVC compounds, was acquired by Nautic Partners in partnership with management. The previous owners were Wind Point Partners and Ontario Teachers' Pension Plan.
Alverno Laboratories, a large U.S. laboratory network, selected Ibex Medical Analytics' AI-powered Galen platform to support pathologists in cancer diagnosis. The deal was announced on August 11, 2021.
Omni-Lite Industries Canada received a follow-on order valued at over US$100,000 for a custom high voltage switch driver from a top-tier defense prime contractor. The drivers will be used in an X-Band sensor on an airborne platform.
ASAHI INTECC, a global leader in precision-drawn wire and braided technologies, acquired Rev.1 Engineering, a California-based medical device contract design and manufacturing organization. Rev.1 will operate under ASAHI's Solution Device Division.
F&P America Manufacturing plans to invest at least $3 million to build a 36,000-square-foot addition to its facility in Troy, Ohio, for manufacturing, storage and shipment of metal parts. The building permit was approved in late May 2021.
Concentric, an OnPoint Group Company, closed the acquisition of STANGCO Industrial Equipment Inc., expanding its motive power solution presence across southern California and the west coast market.
Canpack will increase its investment in its Olyphant, Pennsylvania plant by $10 million to raise final manufacturing capacity, as part of its wider US expansion.
Lockheed Martin completed construction of a 215,000 square foot intelligent, flexible factory at its Palmdale, California campus for the Skunk Works division, part of over $400 million in capital investments at the site, creating over 1,500 new jobs in California since 2018.
PPG announced on August 10, 2021, that it is adding capacity for overvarnish coatings for beverage can exteriors at its Delaware, Ohio plant. Combined with existing capacity at Oak Creek, Wisconsin, this will increase PPG's U.S. overvarnish production by 40%.
Electrical Components International (ECI) announced on August 10, 2021, the acquisition of Rochester Industrial Control (RIC), a manufacturer of high-voltage wire harnesses and electromechanical assemblies for commercial electric vehicle, oil and gas, and medical markets. RIC will continue to be led by its current management.
Greenlane Renewables signed three contracts totaling $12.8 million (US$10.2 million) for biogas upgrading systems for RNG projects in the United States: one for an international energy company (repeat order) and two for dairy farm projects in Wisconsin and New York.
Enovix signed a Master Purchase Agreement and Cooperation Agreement with a California-based technology leader for the wearable device space, valued at up to $20 million with commercialization scheduled to begin in 2025. Enovix will receive $3.5 million in pre-payments over 12 months.
Enovix announced on August 10, 2021, that it completed equipment installation for its first U.S.-based advanced battery production line in Fremont, California. The factory is expected to start production and customer deliveries in 2022, with a planned capacity of 45 million batteries per year.
Henkel announced a $30 million investment to expand its manufacturing facility in Brandon, South Dakota, to increase production of thermal interface materials for high-performance electronics. Construction is expected to begin mid-2022.
MORryde broke ground on a 130,000-square-foot manufacturing plant in Elkhart, Indiana, to support growth in RV and non-RV business. The plant is expected to open by mid-2022.