Meggitt Polymers and Composites in Rockmart, Georgia, received a maximum $8,476,025 delivery order from the Defense Logistics Agency for F/A-18 aircraft fuel tanks. Performance is expected to be completed by April 28, 2023.
Supreme Integrated Technology (SIT) of Harahan, Louisiana, has acquired the assets of C.S. Controls, a Houma, Louisiana manufacturer of marine systems such as steering gears, cranes and winches. C.S. Controls joins Employee Owned Holdings.
SAMSON USA, headquartered in Baytown, Texas, has completed installation of a Flexible Manufacturing System with 2 horizontal machining centers and a 24-pallet robotic loading system built by MCM of Italy, increasing its manufacturing capacity.
Integrated Polymer Solutions, a portfolio company of Arcline Investment Management, has acquired Swift Textile Metalizing, a designer and manufacturer of metalized fabrics for EMI/RFI shielding applications. The acquisition was announced on June 15, 2021.
Naval Facilities Command Mid-Atlantic awarded Duke Energy and Ameresco a $38 million utility energy services contract to improve energy efficiency, resiliency, and cybersecurity across 139 buildings at Marine Corps Air Station Cherry Point in Havelock, North Carolina.
W. R. Grace & Co opened a new state-of-the-art analytical lab at its LUDOX colloidal silica manufacturing site in East Chicago, Indiana. The investment supports ongoing innovation and growing global demand for colloidal silica.
Textron Aviation won a $12.5 million contract from the U.S. Air Force to support the sale of eight T6 aircraft to Tunisia. Work is expected to run through October 2022.
NHanced Semiconductors is expanding the cleanroom of its North Carolina foundry to house a new high-volume advanced packaging line. The new line is expected to begin production in the second half of 2022, capable of producing up to 10,000 3DIC wafer stacks per month.
KNOLL America Inc., a supplier of conveyor and filtration systems, will invest more than $7.8 million to locate a new U.S. headquarters and manufacturing facility in Gaston County, North Carolina, creating 31 jobs.
LCI Industries, through its subsidiary Lippert Components, acquired substantially all business assets of Trazcor, Inc., a specialized metal fabrication company in Goshen, Indiana, that supplies aluminum sidewalls and panels to recreation and transportation OEMs.
Boeing has started construction of a new factory in North Charleston, South Carolina, to increase production capacity for the Boeing 787 Dreamliner, with an investment of over $1 billion and more than 1,000 new jobs.
Stellex Capital Management completed its acquisition of the U.S. and Australia-based conveying business units from Komatsu Mining Corp. The acquired businesses formed a new standalone organization called Continental Global Material Handling. Financial terms were not disclosed.
Zeus Industrial Products, Inc., a manufacturer of advanced polymer solutions, finalized an agreement to integrate CathX Medical Inc. into its operations.
Wabtec Corp. opened an 11,000-square-foot additive manufacturing facility at Pittsburgh International Airport's Innovation Campus. The company began operations there on June 8, 2021.
Indorama Ventures completed its acquisition of CarbonLite Holdings' Dallas, Texas PET recycling facility, bought for nearly $64 million in a bankruptcy auction. The site, renamed Indorama Ventures Sustainable Recycling, has combined capacity of 92,000 tons a year of food-grade rPET pellets and supports more than 130 jobs.
IDEX Corporation completed its acquisition of Airtech Group, Inc. and US Valve Corporation from EagleTree Capital, adding vacuum pumps, blowers, compressors and valves to its Health & Science Technology segment.
Saint-Gobain has signed a definitive agreement to acquire all outstanding shares of GCP Applied Technologies for $32.00 per share in cash, valuing the transaction at approximately $2.3 billion (€2.0 billion).
Caterpillar has started production and shipping of the new Next Generation Cat 374 and 395 excavators at its Victoria, Texas facility. The models are large excavators with improved efficiency.
Cummins announced it will close its turbocharger factory in Memphis by the end of the third quarter, leaving about 300 people out of a job.
Cummins Turbo Technologies will spend $10.7 million to expand its North Charleston campus with new production lines for diesel engine turbochargers, adding 252 jobs. The expansion includes shifting production from its Memphis plant and building a new remanufacturing site.
IBM filed a lawsuit against GlobalFoundries alleging fraud and breach of contract related to the 2015 acquisition of IBM's semiconductor business. Filed June 2021.
Intel has made a takeover offer for SiFive, with an asking price of more than $2 billion, according to a Bloomberg report. Reported June 11, 2021.
Pilot Chemical Co. is undertaking a multi-phase expansion of its ice-cold sulfonation technology at its site in Middletown, Ohio, to increase production capacity. Announced August 3, 2021.
IES Holdings acquired STR Mechanical, an HVAC services provider in the Carolinas and Virginia, on June 11, 2021. Terms were not disclosed.
Warn Industries acquired substantially all assets of Fabtech Motorsports, a manufacturer of suspension systems and lift kits based in Chino, California.
Arconic signed contracts worth US$1.5 billion to supply aluminium can sheet to six canmakers, returning to the US canstock market after five years.
RPM International announced that its Carboline subsidiary has acquired Dudick Inc., a provider of high-performance coatings, flooring systems and tank linings.
P&H Casters is undertaking a $15 million relocation and expansion project in Arlington, Texas, building a 173,000-square-foot facility to house manufacturing, office and warehouse operations, set to open early 2022.
Premier Tech will expand its footprint in Utah, adding up to 63 new high-paying jobs and investing $18.8 million in capital over 10 years, with a tax credit from the Utah Governor's Office of Economic Development.
Aquatech International and Upwell Water have launched a joint venture called AQUIOS to provide water treatment services with no upfront customer cost. Aquatech plans to deploy over $500 million in water infrastructure through the platform.
indie Semiconductor, an Autotech solutions innovator, has completed its business combination with SPAC Thunder Bridge Acquisition II, Ltd. The combined company will trade on Nasdaq as 'INDI' starting June 11, 2021.
Heartland Steel Products is investing $650,000 to expand its Harrison, Ohio facility by 10,000 square feet and add at least 25 new jobs. The expansion increases production capacity for custom warehouse solutions.
Rotunda Capital Partners acquired and combined American Equipment, Pacific Crane & Hoist, and Allied Crane to form American Equipment Holdings, the largest independent overhead crane and hoist solutions provider in the Western U.S.
Audax Private Equity acquired a majority stake in S.J. Electro Systems, a manufacturer of control solutions for the water and wastewater industry. Terms were not disclosed.
Dow announced plans to build an integrated MDI distillation and prepolymers facility at its Freeport, Texas site, replacing its La Porte, Texas capacity and supplying an additional 30% product to customers, with startup expected in 2023.
GLOBALFOUNDRIES and GlobalWafers signed an $800 million agreement to add 300mm silicon-on-insulator wafer manufacturing and expand existing 200mm SOI wafer production at GlobalWafers' MEMC facility in O'Fallon, Missouri, with $210 million in capital expenditures and over 75 new jobs.
Boeing received a $13,972,948 contract modification to procure 69 Primary Bleed Air Pressure Regulator and Shut Off Valve Delta Kit modifications and 384 new valve kits for F/A-18 series aircraft, with work in Windsor, Connecticut; El Segundo, California; and St. Louis, Missouri, completed by September 2024.
Mayville Engineering Company finalized plans to open a roughly 450,000 sq ft leased manufacturing facility in Hazel Park, Michigan, to serve a new strategic customer, planning to hire up to 390 employees and invest $35-45 million.
A&R Logistics was chosen by Epsilyte, a large US expandable polystyrene manufacturer, as its third-party logistics provider to manage much of its global supply chain.
GE-Prolec Transformers, Inc. (Prolec GE) has signed a definitive agreement to acquire SPX Transformer Solutions business (SPXT) from SPX Corporation for $645 million cash. The deal is expected to close by end of 2021.
Fehrer Automotive invested over $6 million to expand its Gadsden, Alabama facility by 200,000 square feet, adding 15 jobs and bringing total space to 500,000 square feet. The expansion was announced on June 10, 2021.
Evapco is investing approximately $12.5 million to expand its industrial cooling and refrigeration facility in Lake View, Iowa, with about $9.5 million in construction costs and $3 million in equipment purchases. Construction is expected to begin later in 2021.
DMG MORI Manufacturing USA has consolidated production at a new official location in Davis, California, investing nearly $1 million in new equipment. The facility produces horizontal milling technology, automation, and digitization solutions.
Frauenthal Gnotec, a Swedish manufacturer of metal components for automotive and commercial vehicles, will invest $8.2 million to establish operations in an existing facility in Fountain Inn, South Carolina, creating 82 jobs.
Renco Group, a New York City-based holding company, acquired Renfro Brands, a textile manufacturer based in Mount Airy, North Carolina. The purchase price was not disclosed.
Worthington Industries Inc. has acquired certain assets of Shiloh Industries' U.S. BlankLight business, expanding its laser welded products joint venture TWB Co. LLC with three facilities and adding a blanking facility to its Steel Processing business. The transaction adds about 200 employees and four facilities in Kentucky, Michigan, and Ohio.
Wrench Group LLC of Marietta, Georgia has acquired Williams Comfort Air and its subsidiaries, including Mr. Plumber, Jarboe's Plumbing Heating & Cooling, and Thomas & Galbraith Heating Cooling & Plumbing. The acquired companies have more than 400 employees. Financial terms were not disclosed.
Ascend Performance Materials has expanded production capacity for HiDura long-chain polyamides at its Greenwood, South Carolina plant. The multi-million dollar expansion will help meet growing demand for the product line launched in November 2020.
Tecogen Inc. announced manufacturer representative agreements with I-REFCO and RESCO to support sales of Tecofrost refrigeration systems in parts of the western United States and Canada. I-REFCO will cover several US states and Canadian provinces, while RESCO will cover California, Nevada, Arizona, and Hawaii.
PepsiCo's Frito-Lay division is spending $200 million at its Rosenberg, Texas facility to add two manufacturing lines for Funyuns and tortilla chips, and increase warehouse capacity. The expansion is expected to be completed by 2023 and will create 160 full-time jobs.