Oldcastle APG, a manufacturer of concrete building and hardscape products, will invest $10.2 million to expand its operations in Clarksville, Tennessee, creating 45 new jobs. The project involves retrofitting and expanding existing facilities to increase production of concrete paver products.
G6 Materials Corp. executed a definitive purchase agreement to acquire all membership interests of GX Technologies, LLC. The consideration was 25,000,000 common shares of G6 at a deemed price of C$0.20 per share, totaling C$5 million.
Steffes, LLC announced a $20.9 million investment to acquire a manufacturing facility in Shelby, North Carolina, creating 130 new jobs. Production is expected to start in late 2021 and be fully operational by Q1 2023, providing metal fabrication services for OEM products.
Inovair has added three Mazak CNC mills and three Okuma CNC lathes to its Lenexa, Kansas manufacturing campus in the past year to support on-time delivery of its blowers and compressors.
US LBM, a portfolio company of Bain Capital, acquired Junior's Building Materials, a building materials distributor in Chattanooga, Tennessee. The deal was advised by FourBridges Capital Advisors, and founder Otto 'Junior' Boehm Jr. will continue to lead day-to-day operations.
Generac Power Systems purchased a new building in Pewaukee, Wisconsin for over $8 million to create a Customer Contact Center, housing approximately 300 employees, with occupancy beginning in August 2021.
US Wind announced plans to develop a steel fabrication facility at Tradepoint Atlantic in Sparrows Point, Maryland, creating 500 permanent manufacturing jobs.
Mitsubishi Chemical is preparing to construct a new $915 million methyl methacrylate (MMA) resin production plant in Louisiana, with a capacity of 350,000 tn/yr, projected to start operations in 2025.
LANXESS completed the acquisition of Emerald Kalama Chemical, a U.S.-based specialty chemicals manufacturer, for approximately USD 1.04 billion. The deal adds 470 employees and three production sites.
Arlington Capital Partners signed a definitive agreement to acquire L3Harris Technologies' Electron Devices and Narda Microwave-West divisions, which will operate as Stellant Systems. The company has over 800 employees across three facilities.
Honeywell announced the next phase of a $23 million modernization project with Fort Benning to improve energy resilience, covering over 300 buildings. The project is expected to generate $1.4 million in annual energy savings.
Flexicon Corp. expanded its Bethlehem, PA manufacturing space by 50,000 sq ft to meet increased demand for bulk handling equipment. The new space is primarily for warehousing and staging.
PCX Aerosystems, LLC announced the acquisition of Integral Aerospace, a Santa Ana, CA-based aerospace systems manufacturer specializing in metallic and composite solutions for military, commercial and space applications.
Noblelift North America announced a new branch in Ontario, California, with 11,700 sq ft of warehouse space, to open by September 1, 2021, for inventory and equipment sales.
Greenland Technologies Holding Corporation has announced a strategic partnership with Shandong Zhongcha Heavy Industry Machinery Co. to launch a lithium battery forklift using Greenland's integrated drivetrain system, available for sale in the U.S. starting July 2021. Deliveries for the GEF-series EV forklift will start in September 2021 in North America.
Pilot Chemical Co. is undertaking a multi-phase expansion of its proprietary ice-cold sulfonation technology at its production site in Middletown, Ohio. The entire project is due to be completed by the second half of 2023.
Marvell Technology announced a definitive agreement to acquire Innovium, a provider of cloud-optimized Ethernet switching solutions, in an all-stock transaction. The acquisition is expected to add $150 million in incremental revenue in fiscal 2023.
Amgen announced plans to invest $550 million to build a new manufacturing facility in Holly Springs, North Carolina, creating 355 jobs. The facility is set to begin operating in 2025.
On Semiconductor is starting to ramp production from its 300mm fab in East Fishkill, New York, as part of its capacity expansion. The company reported record revenue of $1.67 billion in Q2 2021.
Hanwha Cimarron will invest $130 million in a new factory in Opelika, Alabama, making carbon fiber-wrapped hydrogen storage tanks and pressure vessels. The project will create 261 jobs.
Pratt Industries plans to add over 100,000 square feet to its recycled corrugated box plant in Albany, Georgia, with more than $18 million of investment and 30 jobs, according to the Albany-Dougherty Economic Development Commission announced on Aug. 3, 2021. Completion is planned for January 2022.
Greif is spending $10 million to add a third jumbo flexo folder gluer at its CorrChoice Concord sheet feeder operation in North Carolina, due by spring 2022, with up to 30 new jobs.
Atlantic Packaging wants to build a 488,450-square-foot corrugated box factory at 2601 Mason Road in Elgin, in a development of about $30 million. The city planning commission recommended approval, and the full city council still has to vote.
Bridgestone Americas broke ground on a $51 million expansion of its Firestone Industrial Products air springs production facility in Williamsburg, Kentucky. The 68,000-square-foot expansion will add 250 jobs and is expected to be completed by December 2022.
Grede, a producer of engineered cast and machined iron components, acquired the advanced cast product business in Meadeville, Pa. from Neenah Enterprises Inc. Financial terms were not disclosed.
Brickworks North America Corporation, parent of Glen-Gery Corporation, acquired several key businesses from Southfield Corporation, including Illinois Brick, Indiana Brick, Rose Brick, and others, comprising 17 supply centers. This makes Brickworks the largest independent brick distributor in the US.
Gryphon Investors, a middle-market private equity firm, acquired Wittichen Supply Company, a wholesale distributor of HVAC/R equipment and supplies in the Southeastern US. Financial terms were not disclosed.
HG Medical USA expanded with a new state-of-the-art facility in Holland, Michigan, adding 124,000 square feet of production space and nearly 180 new jobs, representing a $41 million investment.
Avery Dennison signed an agreement to acquire Vestcom, a provider of pricing and branded labeling solutions for retailers and CPG companies, for nearly USD 1.5 billion.
Myers Industries acquired the assets of Trilogy Plastics, a custom rotational molder, to expand its rotational molding platform. The transaction was financed with Myers' revolving credit facility.
Curtiss-Wright Corporation was selected by X-energy to develop the Reactivity Control and Shutdown System for the Xe-100 Generation IV High-Temperature Gas-cooled Reactor. The system includes control rod drive mechanisms, control rods, and associated power supply and control systems.
Doosan Bobcat North America held a groundbreaking ceremony for a $70 million, 600,000-square-foot manufacturing, warehouse and distribution addition to its complex in Statesville, North Carolina. The expansion will double the facility's footprint to nearly 1.2 million square feet and add 62 acres, making it the company's largest manufacturing campus worldwide.
BDT Capital Partners, with Mubadala as an anchor partner, completed the acquisition of Culligan International, a global leader in sustainable water solutions, from Advent International and Centerbridge Partners. Advent retains a minority stake. Financial terms were not disclosed.
Grand Pharmaceutical Group (GP) announced it will acquire 100% of FastWave Medical Inc for up to $72 million, and invest up to $8 million to co-develop an intravascular shockwave calcification treatment system for arterial calcification. FastWave will become GP's wholly owned subsidiary and overseas R&D platform for precision interventional devices.
Detroit Lakes-based controls company SJE Inc. bought L. W. Allen LLC, a Madison, Wisconsin supplier of wastewater pumps, pump stations and Altronex control systems. L. W. Allen has about 45 employees.
Eastman and Procter & Gamble signed an agreement under which P&G will use Eastman Renew materials, made by molecular recycling of waste plastic, in select products and packaging. The companies will also collaborate on plastic recycling infrastructure.
Hanwha Cimarron signed a $260 million, 10-year contract with Sunbelt Services for storage tanks for compressed natural gas.
FAMUR received an order from Century Mining LLC to supply powered roof supports for the newly built Longview coking coal mine in West Virginia, USA.
Sea-Land Chemical Company expanded its distribution agreement with Seppic Inc to cover the entire United States for Seppic's performance materials product line, effective August 1, 2021.
Findlay Machine and Tool (FMT) is investing an additional $7.2 million to expand its plastic injection molding operations in Findlay, Ohio, adding over 50 jobs and 15 high-tonnage presses. This brings total local investment to over $40 million in 36 months.
Autocam Medical announced a $60 million investment through 2024 to expand its manufacturing footprint in West Michigan, including a new 100,000 sq. ft. manufacturing facility and global headquarters in Kentwood, Michigan. The expansion is expected to create 250 jobs.
Brenntag, the global market leader in chemicals distribution, acquired all operating assets and business of Matrix Chemical, LLC, a solvents distributor and the largest distributor of acetone in North America with sales of around USD 200 million year to date in 2021. The acquisition closed on August 1, 2021.
Grand Traverse Plastics is investing $11.5 million to expand its existing facility in Whitewater Township, Michigan, adding high bays, shipping docks, and manufacturing space. The project is expected to create 43 jobs.
Chiorino SpA, an Italian manufacturer of light-weight belting, has acquired Safari Belting Systems, Inc., a US-based plastic modular belt manufacturer. The acquisition expands Chiorino's manufacturing footprint in the United States.
In August 2021 S.J. Electro Systems acquired L.W. Allen, a Madison, Wisconsin provider of pumps, motors and control systems for the water and wastewater industry.
Relevant Solutions, LLC closed its purchase of 505 Industrial Supply, LLC, a hydraulic hose, fitting and valve distributor based in Albuquerque, NM, on August 1, 2021. The deal adds the business to Relevant's network, which now employs 250 associates.
Georgia-Pacific is adding a third production line at its first mailer manufacturing site in the Phoenix area, Arizona.
Georgia-Pacific is manufacturing curbside recyclable paper padded mailers at a new facility in Jonestown, Pennsylvania, to serve Northeast customers including Amazon.
Pump manufacturer Blackmer is expanding in Grand Rapids, Michigan, with a $7.3 million investment supported by the Michigan Strategic Fund.
Gen3 Defense and Aerospace is moving into a larger facility in Kent County, Michigan, with a $8.7 million capital investment expected to create up to 269 high-wage jobs. Michigan was chosen over a site in Florida.