Meredith-Springfield Associates Inc., a plastics manufacturer, broke ground on an expansion in Ludlow, Massachusetts, adding 5,000 sq ft of light manufacturing space, 12,000 sq ft of warehouse space, and three loading docks, bringing total facility to 83,000 sq ft. The expansion will accommodate six new machines to automate production and increase capacity.
Ammeraal Beltech announced the expansion of its uni brand modular belt manufacturing operations in Reading, Pennsylvania. The multi-phase investment will increase production capacity for plastic modular belts and chain, with completion scheduled for fall 2022.
NOVONIX will expand its Chattanooga, Tennessee operations by purchasing and retrofitting a former Alstom building to produce anode material for lithium-ion batteries. The project represents an investment of approximately $160 million and will create 290 new jobs.
S&B Engineers and Constructors was awarded an engineering and construction contract by Chevron Phillips Chemical to build a world-scale 1-hexene unit in Old Ocean, Texas. The unit will produce up to 266,000 metric tons per year, with construction starting in Q3 2021 and startup expected in 2023.
Marotta Controls, a New Jersey aerospace and defense supplier, announced it has integrated additive manufacturing into its services and validated it with a patented selective laser sintering method for a manifold valve.
Prysmian Group was selected as preferred supplier for the SOO Green HVDC Link project, a $900 million contract to provide high-voltage direct current cable systems for a 350-mile underground transmission line connecting the Midwest to the mid-Atlantic.
Techmer PM has entered into a multiyear, strategic partnership with NanoXplore to formulate and engineer GrapheneBlack materials into graphene-enhanced plastic compounds for various industries.
Speedrack Products Group Ltd. is investing nearly $65 million to build a 275,000-sq.-ft. pallet racking manufacturing facility in Walker, Michigan, creating 160 jobs. The facility is expected to be completed by March 2022.
Greenland Technologies and Shandong Heavy Industry announced a strategic partnership to launch a lithium battery forklift in the U.S. in July 2021 and jointly develop next-generation lithium-powered forklifts.
Hyundai Motor Group completed the acquisition of a controlling 80% stake in Boston Dynamics from SoftBank Group, valuing the mobile robot firm at $1.1 billion. SoftBank retains a 20% stake.
Kerry Group plc agreed to acquire Hare Topco, Inc. (trading as Niacet Corp) from SK Capital Partners and other shareholders for €853 million on a cash-free, debt-free basis. Niacet is a global leader in preservation technologies for bakery, pharma, meat and plant-based food.
Prysmian was awarded a $900 million contract to supply high-voltage direct current cable systems for the SOO Green HVDC Link, a 2,100-megawatt underground transmission project connecting MISO and PJM in the United States. Cable production is expected to start in 2023.
Westlake Corporation has entered into a definitive agreement to acquire Boral's North American building products businesses in roofing, siding, trim, shutters, decorative stone, and windows for $2.15 billion in an all-cash transaction. The deal is expected to close in the second half of 2021.
CNH Industrial has entered into an agreement to acquire 100% of Raven Industries for $58 per share, representing a $2.1 billion enterprise value. The acquisition enhances CNH Industrial's precision agriculture capabilities and is expected to close in Q4 2021.
Unifrax, backed by Clearlake Capital, has signed a definitive agreement to acquire Lydall for $62.10 per share, implying a total enterprise value of approximately $1.3 billion. The acquisition creates a global specialty materials platform focused on battery materials, filtration, and energy-saving technologies.
Synopsys signed a definitive agreement to acquire the semiconductor and flat panel display solutions from BISTel, a leader in AI applications for semiconductor smart manufacturing. The acquisition is expected to close in Synopsys' fiscal Q4 2021.
Qarbon Aerospace announced an agreement with LIFT Aircraft Inc. to perform complete system integration and assembly for LIFT's eVTOL aircraft, HEXA, at Qarbon's facility in Red Oak, Texas.
Prysmian Group was selected as preferred supplier for the SOO Green HVDC Link project, a 2,100 MW, 350-mile underground transmission line. The contract is valued at approximately $900 million and includes supply of ±525 kV HVDC cable systems.
Sypris Technologies received orders for specialty high-pressure closures for the Golden Pass LNG Export project in Texas and the Cherry Point Refinery renewable diesel project in Washington state. Shipments are expected in 2021; terms were not disclosed.
Sypris Technologies received an order for Tube Turns Tool-less closures for filtration systems to upgrade the Cherry Point Refinery's renewable diesel optimization project in Washington state. Shipments are expected in 2021; terms were not disclosed.
Sypris Technologies, a subsidiary of Sypris Solutions, received orders for specialty Tube Turns D-bolt closures for filtration systems at three new compressor stations in the $10 billion Golden Pass LNG Export project in Sabine Pass, Texas. Shipments are expected in 2021; terms were not disclosed.
Mitsubishi Heavy Industries Regional Jets (MHIRJ) will expand at North Central West Virginia Airport with two new hangars totaling over 100,000 square feet. The $19.1 million project could bring up to 800 jobs, including 300 during construction.
Westlake Chemical Corporation announced it will acquire Boral Limited's North American building products businesses for $2.15 billion in an all-cash transaction. The deal includes brands in roofing, siding, trim, shutters, decorative stone, and windows, and is expected to close in the second half of 2021.
Sikorsky Aircraft Corp., a Lockheed Martin company, received a $73,221,421 modification to a firm-fixed-price order to procure 362 spare parts and support for the repair and maintenance of CH-53K aircraft. Work is expected to be completed by December 2026.
Guthrie & Frey Water Conditioning is acquiring KH Water Specialists, adding a fourth office in southeastern Wisconsin. Terms were not disclosed.
Wildpack Beverage signed a binding agreement to acquire CraftPac LLC, an aluminum can decorator in Georgia, for US$2.15 million cash, with closing expected around June 30, 2021. Announced June 18, 2021.
Green Plains Inc. has selected Fagen, Inc. as the general contractor to construct and install Fluid Quip Technologies' MSC system across its biorefining platform. Construction will begin at Obion, Mount Vernon, and Central City locations, with completion expected over 9-12 months.
MHIRJ celebrated the expansion of its MRO hangars at its Bridgeport, West Virginia location, investing $20 million to add 100,000 square feet of space. Construction is expected to be finalized and operational in about 18 months.
Generac Power Systems is expanding operations in Edgefield County, South Carolina, at its Trenton location. The expansion will create 300 new jobs and increase capacity for home standby generators and energy technologies.
Siemens Energy will provide two SGT6-5000F hydrogen-capable turbines to power Omaha Public Power District's new Turtle Creek Station Peaking Plant in Papillion, Nebraska.
Nexus Pharmaceuticals is opening a $250 million pharmaceutical manufacturing facility in Pleasant Prairie, Wisconsin. MECO will supply its MASTERfit water purification system for the plant.
The city of Powell awarded SPX Transformer Solutions a $1 million contract for two transformers for the Vining Substation upgrade, with one transformer delivered on June 10.
Flex-N-Gate Group plans to invest $52 million and add 245 new jobs in Troy, Michigan, where it is building out a 205,000-square-foot plant for a new product line under a five-year contract.
Akima's subsidiary Sunik was awarded a $26 million contract by the USDA to provide operations and maintenance support services at the Western Regional Research Center in Albany, California, over five years.
Kemira has completed the installation of new production units for emulsion polymers and bio acrylamide monomer at its Mobile, Alabama site. The investment is around €70 million, and production has started, with full operations expected by summer 2021.
Owens Corning Infrastructure Solutions dispatched the first load of domestically produced Mateenbar Fiberglas Rebar in April 2021 to an Ohio Department of Transportation project. The rebar is fabricated at Mateenbar USA's new plant in Concord, North Carolina.
Jubilant HollisterStier will supply the COVID-19 vaccine Covaxin from its Spokane, Washington facility for Ocugen. The contract supports potential commercialization in the US and Canada.
Sanofi received FDA approval for an additional influenza manufacturing facility in Swiftwater, PA, expanding production of Fluzone High-Dose Quadrivalent. The $425 million investment will create up to 200 jobs.
Triumph Group's Actuation Products & Services unit will provide hydraulic utility actuation valves engineering and material support to Lockheed Martin for F-35 sustainment at MCAS Cherry Point over five years, from its Clemmons, North Carolina facility. Announced June 17, 2021.
Fluidra has completed the acquisition of all substantial assets of Built Right, a Florida-based manufacturer of heat pumps. The acquisition will add 30 new jobs in Punta Gorda.
Strikepoint Group Holdings acquired First Class HVAC, a provider of heating, cooling and plumbing services based in Delaware. The acquisition was announced on June 16, 2021.
Momentum Manufacturing Group is investing in a major expansion at its Georgetown, MA headquarters and a new 8-inch aluminum extrusion press in Franklin, NH, nearly doubling its extrusion capacity. The company also acquired H&M Metals in April 2021.
Beckwood Press Company was awarded a contract by Metal Forming Industries to manufacture a 200-ton hydraulic forming press for making copper components used in the utility industry. Delivery is scheduled for later this year.
Befesa S.A. will acquire 100% of American Zinc Recycling's recycling assets for $450 million and invest $10 million for a minority stake in American Zinc Products, forming a joint venture. The deal creates a global leader in recycling steel mill dust.
Torque Lifestyle Brands Inc. entered into a 51% ownership of a new manufacturing joint venture with contract manufacturer Zero Day Nutrition. Torque will contribute capital for machinery, while Zero Day contributes manufacturing expertise and client sales.
NanoXplore Inc. entered into a multiyear agreement to supply GrapheneBlack grade products to Techmer PM, LLC, a plastic compounder in Tennessee. The agreement includes customer-based exclusivity.
Volvo Cars will invest an additional $118 million into its Ridgeville, South Carolina plant to produce the fully electric Polestar 3 under contract for Polestar Cars. The investment brings total Volvo investment in South Carolina to over $1.2 billion.
Nexii Building Solutions announced a partnership with Joe Flacco to open a manufacturing plant in Hazleton, Pennsylvania, set to open mid-summer 2021. The plant, operated by NEXUS-1, will produce Nexii's green building panels using Nexiite material, with an investment of over $20 million and creating 200 jobs.
Rambus signed an agreement to acquire AnalogX, a provider of low-power multi-standard connectivity SerDes IP solutions, to accelerate its data center interface solutions. The transaction is expected to close in Q3 2021.
Globe Composite Solutions, Goodrich Corp., and Westland Technologies were awarded a combined maximum $72 million contract for submarine materials. The five-year contract was awarded by the Naval Surface Warfare Center, Carderock Division, with work expected to be completed by June 2026.