General Electric agreed to sell its GE Industrial Solutions business to a European rival for $2.6 billion. The deal is expected to close in the first half of 2018.

Enovation Controls, a Sun Hydraulics subsidiary in Tulsa, Oklahoma, announced a merger with fellow Sun subsidiary High Country Tek, which operates in Nevada City, California. The merger is scheduled for December 31, 2017.

Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.

American Electric Technologies' M&I Electric business won a $4 million turnkey power delivery contract from a large US midstream oil and gas company for three compressor stations on a new crude pipeline from the Permian Basin to Nederland, Texas, with delivery expected in early 2018.

BorgWarner agreed to acquire Sevcon, Inc. in a transaction with an enterprise value of approximately $200 million, subject to Sevcon shareholder approval and competition clearance.

ABB and Thomas & Betts announced a $20.7 million expansion that consolidates R&D functions at a new location in Memphis, Tennessee, creating 90 new jobs in Shelby County.

Sensus, a Xylem brand, signed an agreement with Alliant Energy to add its FlexNet communication system, meters and installation to Alliant's Iowa power grid and gas system over three years. The project is one of Sensus's largest US communication deployments.

Integrated Power Services (IPS), a motor and generator repair and distribution provider, signed a partnership with Gefran Drives and Motion Control Group to offer drive and motion control products and services in North America. The agreement was announced on June 14, 2017.

The US FTC gave conditional approval for Emerson's proposed $3.15 billion acquisition of Pentair plc under a proposed consent order requiring Emerson to divest Westlock Controls Corporation to Crane Co. The divestiture addresses combined switchbox market share of about 60%.

AMETEK agreed to acquire all outstanding shares of MOCON, a Minneapolis gas analysis instrumentation maker, at $30 per share in cash. The aggregate enterprise value is approximately $182 million.

RAM Company, a maker of specialty electromechanical parts, plans an $11 million expansion with a new 80,000 square foot building in St. George, pending city approval of up to $10 million in industrial development revenue bonds.

REMA USA LLC is moving its US headquarters to a new 38,000 square-foot facility at 385 South Woods Drive in Fountain Inn, SC, about 10 miles from its current site. The move is set for April 2017 and will add production, engineering and product development capacity for materials handling and EV charging markets.

Ohio Transmission Corp. has acquired the assets of the Somerset, New Jersey branch of Argo International, an industrial pump and repair distributor. The branch will operate as part of OTP Industrial Solutions with eight employees.

Pioneer Power Solutions extended its contract to supply liquid-filled transformers to the second largest municipal-owned utility in North America. The five-year contract, effective January 1, 2017, is expected to generate about $4 million in annual revenue.

Electromechanical manufacturer G.W. Lisk will renovate a 17,000 sq ft research and development facility in Phelps, Ontario County, New York, and buy new equipment, creating 40 jobs within five years. Empire State Development offered up to $600,000 in Excelsior Jobs tax credits; completion is expected in spring 2017.

Sun Hydraulics agreed to acquire the Power Controls and Vehicle Technologies business lines of Enovation Controls, LLC for an initial $200M plus up to $50M earn-out, expected to close within 30 days.