MBCC Group has signed an agreement to acquire Fabpro Polymers, a developer and manufacturer of synthetic polypropylene fibers for reinforced concrete in North America. The transaction closed simultaneously with the signing.
Tindall Corporation has opened a new utility facility at 2877 Fairforest Clevedale Road, featuring state-of-the-art automation, to increase production capacity for precast components. The grand opening was held on August 5-6, 2021, and 20 new jobs will be created.
Kaman Corp. received a $43 million order under Option 16 of its Joint Programmable Fuze contract with the U.S. Air Force for foreign militaries. Deliveries are expected to begin in 2022.
Endeavour Capital acquired Forrest Machining, Inc. (FMI Aerostructures), a manufacturer of critical aerospace and defense components based in Valencia, California. The deal was announced on August 10, 2021.
Lightning eMotors and Forest River entered a strategic partnership to deploy up to 7,500 zero-emission shuttle buses with a potential value of $850 million, including powertrains and charging products.
Kornit Digital acquired all assets of Voxel8, a Somerville, Massachusetts-based company with advanced 3D additive manufacturing technology for textiles.
Huntington Ingalls Industries' Technical Solutions division received a five-year, $273 million contract to support U.S. Navy aircraft carrier and surface ship maintenance programs.
Arnett Engineered Solutions, a pump and valve manufacturer, will open a facility at 61 Innovation Drive in Bamberg County, South Carolina, creating 19 jobs. The facility is expected to be operational by September 2021.
Zekelman Industries plans to build a $30 million, 83,000-sq.-ft. fully automated warehouse at its Wheatland Tube facility in Warren, Ohio, scheduled to begin operating in December 2022.
PSSI has signed a definitive agreement to acquire Safe Foods Corporation, a food safety performance management company specializing in antimicrobial technology. Safe Foods will remain an independent subsidiary.
Walmart has partnered with Symbotic to implement its automated warehouse system at 25 additional regional distribution centers, building on a previous installation in Brooksville, Florida.
Vecna Robotics has announced a partnership with Alta Material Handling Company to bring Vecna's high-capacity autonomous mobile robots (AMRs) for pallet handling to Alta's customers in distribution, warehousing and manufacturing centers across the United States.
Nihon Kohden Corporation has acquired Advanced Medical Predictive Devices, Diagnostics and Displays, Inc. (AMP3D), owner of clinical predictive algorithms and a SaaS platform. The acquisition will integrate AMP3D's CoMET software into Nihon Kohden's digital health ecosystem.
Oransi, an air purification company, has entered into a definitive merger agreement with Motion Control Technology company Aviemore. Oransi will use Aviemore's proprietary technologies to manufacture air purifiers at a new facility in Radford, Virginia, creating more than 100 jobs.
Guarantee Electric acquired Aschinger Electric Company, a leading electrical contractor in Missouri. Financial terms were not disclosed.
Viking Energy agreed to acquire a 60% stake in Simson-Maxwell, a manufacturer and supplier of industrial engines and power generation products. Financial terms were not disclosed.
Ravago Holdings America acquired Specialty Chemical Sales (Cleveland, Ohio) and JF Shelton (Seattle, Washington) from Lorama Group. Both are specialty chemical distributors serving the paint, coatings, adhesive, and polymer markets in North America.
ESCO Technologies Inc. completed the acquisition of I.S.A Altanova Group S.R.L. on July 29, 2021, and acquired the assets of Phenix Technologies, Inc. on August 9, 2021. Both companies will combine with ESCO's Utility Solutions Group to create a stronger global platform for growth in the power and utility markets.
Wildpack Beverage has signed a binding agreement to buy Vertical Distilling, LLC, a Colorado aluminum can filling business, for US$4.5 million cash, subject to holdbacks. The target is the leading can filler in Colorado and surrounding states.
The Bradbury Co., Inc. is expanding its test and assembly facility in Moundridge, Kansas, by approximately 40% to increase manufacturing capacity and add space for testing custom-built production lines. The multi-phase expansion is expected to be complete by February 2022.
MPE Partners portfolio company Plastic Components Inc. (PCI) has acquired Sports Molding LLC (SMI) of Clearfield, Utah. SMI is an ISO 9001:2015 certified injection molder serving medical, industrial, recreation, and consumer sectors. SMI management, led by CEO Shane Cave, will continue.
Toyota Tsusho America Inc., Southern Mobility Products, and SteelSummit Holdings (a Sumitomo Corp. of Americas subsidiary) have formed a joint venture called Madison Metal Processing (MMP) to operate a new $40 million, 110,000-square-foot factory near Huntsville, Alabama, to supply steel blanks to Mazda Toyota Manufacturing.
Modine announced a $7 million investment to convert its former warehouse in Rockbridge, Mississippi, into a new production line for Airedale brand data center cooling solutions, supplementing its existing Grenada plant.
Nephron Pharmaceuticals Corporation has opened Nephron Nitrile, a new plant in West Columbia, South Carolina, to produce medical-grade nitrile gloves. The $100 million investment will create 250 new jobs.
IRIS USA Inc. has completed a $6.1 million expansion at its Pleasant Prairie, Wisconsin factory to ramp up face mask production. The project will add 26 machines over three years, raising capacity to 70 million disposable face masks per month and creating 90 jobs.
Continuim Equity Partners has acquired Anker Industries, a manufacturer of metallurgical powders and briquettes and provider of aluminum processing and slag design services, headquartered near Pittsburgh, Pennsylvania. Former owner Rich Antonelli will remain as President and board member.
Buffalo Construction, Inc. and Nexii Building Solutions Inc. will build a green manufacturing plant in the Louisville area to produce sustainable building products using Nexiite. The plant will create over 200 new jobs.
Siemens has completed a 52,000-sq.-ft. facility expansion in Spartanburg County, Georgia, with a $36 million investment, creating over 180 new jobs.
Tyson Foods is selling its pet treats business, including Nudges, True Chews and Top Chews brands and a production facility in Independence, Iowa, to General Mills for approximately $1.2 billion.
Shick Esteve has acquired W.D. Laramore Manufacturing, a provider of flour reclaim systems, to strengthen its position as a complete ingredient automation provider.
KOITO MANUFACTURING has committed to invest $50 million in Cepton's business through a PIPE offering, following a major ADAS lidar series production award at a global automotive OEM. KOITO has established a manufacturing line for Cepton's MMT lidars, with series production expected to start in 2023.
SteelSummit Holdings, Toyota Tsusho America, and Southern Mobility Products have formed a joint venture, Madison Metal Processing, with a $40 million, 110,000 sq. ft. facility in Limestone County, Alabama, creating 40 jobs. Full production is planned for mid-2022.
China Grand Pharmaceutical and Healthcare Holdings (GP (HK)) will acquire 22.2% equity in CoRISMA MCS Systems for $12 million, and obtain exclusive development, manufacturing and commercialization rights for CoRISMA's heart failure therapeutic system in Greater China and several Southeast Asian countries.
Medtronic plc will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction, implying an enterprise value of approximately $1.1 billion.
Tyonek Manufacturing Group held a ribbon cutting for its new 47,500-square-foot facility in Warner Robins, Georgia, consolidating operations and adding space for growth. The facility is already operational.
Shintech will start up the first phase of an expansion across the polyvinyl production chain at its Louisiana complex in September 2021, increasing PVC output by 48%. The expansion was delayed by COVID-19, hurricanes, and cold snaps.
Brek Manufacturing Company, a California-based aerospace parts manufacturer, plans to purchase two buildings in Wichita, Kansas, investing $4.5 million and creating 75 new jobs over five years.
SVT Robotics, a Norfolk-based robotics software startup, will invest $101,400 to expand its operation in Norfolk, Virginia, constructing a laboratory to demonstrate its SOFTBOT Platform. The expansion will create 37 new jobs.
HEICO Flight Support Group completed the acquisition of 89% of Ridge Engineering (tight-tolerance machining and brazing) and Bechdon (machining/fabrication/welding) in Maryland. Bechdon is a key subcontractor to Ridge.
Deere & Company signed a definitive agreement to acquire Bear Flag Robotics, an agriculture technology startup, for $250 million USD. Bear Flag develops autonomous driving technology for farm machines.
BILSTEIN COLD ROLLED STEEL LP broke ground on a $17.8 million expansion at its Bowling Green campus, adding an 8,500-square-foot facility with new batch annealing furnaces. The expansion is expected to be fully operational by the second half of 2022.
Worldwide Electric, LLC has acquired Georator Corporation and its subsidiary Athlon. Georator designs and manufactures frequency converters and generators. The acquisition adds these products to Worldwide Electric's portfolio of motors, motor controls, and gear reducers.
ZND U.S., a manufacturer of temporary fencing, is considering an expansion of its Statesville, North Carolina facility with an investment of up to $5.1 million and new jobs.
Yanjan USA plans to invest up to $5.2 million and create 50 jobs in an expansion of its operations in Statesville, North Carolina, adding machinery and two production lines.
Intuitive plans to invest more than $500 million in its campus in Gwinnett County, Georgia, creating approximately 1,200 jobs. The expansion will add over 750,000 square feet of manufacturing and engineering space, with completion by 2024.
Hardwoods Distribution Inc. completed its acquisition of Novo Building Products Holdings, LLC for a purchase price of US$302 million, with an effective closing date of July 30, 2021.
DSC Manufacturing Inc., which operates EDJ Precision Machining, has acquired Commercial Plastics Corp. (CPC), a provider of plastic fabricated products and digital printing solutions.
Firestone Industrial Products broke ground on a $51 million expansion of its automotive air springs manufacturing plant in Williamsburg, Kentucky, adding 68,000 square feet and creating 250 new jobs.
Wood will deliver engineering, procurement and construction management services for Röhm's new Methyl Methacrylate production plant at OQ Chemicals' site in Bay City, Texas, using digital solutions from AVEVA.
Reliance Steel & Aluminum Co. has entered into a definitive agreement to acquire Merfish United, a master distributor of tubular building products in the US, from One Equity Partners.