Ingersoll Rand Inc. bought Paragon Tank Truck Equipment, a Catersville, Georgia maker of blowers and pumps for tank truck loading, in an all-cash deal of about $40 million. Paragon has around 55 employees and revenue above $25 million.

Trivium Packaging is finalizing a decision on two new lines at its Youngstown plant, which would add 93 jobs. Ohio approved an estimated $725,000 tax credit for the project, which competes with New York and Virginia; the company expects to decide by March 31.

Motion & Control Enterprises (MCE) acquired Precision Pump & Valve, a Lake Charles, Louisiana distributor and repairer of safety relief and control valves and pumps. PPV operates six facilities in Louisiana, Texas and Ohio. No deal value was disclosed.

Hexagon Purus has opened a 60,000 sq ft facility in Westminster, Maryland, to make hydrogen Type 4 composite cylinders, with capacity for up to 10,000 cylinders a year and up to 150 jobs. It replaces its Taneytown, Maryland operation.

Trivium Packaging is investing $51 million in two new aluminum monobloc production lines at its Youngstown site, adding 93 jobs to meet demand in aerosol and beverage markets.

Triumph Group's Actuation Products and Services business won a multi-year Airbus contract to supply A220 On Wing Emergency Exit Door control cables, to be produced in Shelbyville, Indiana.

Xylem agreed to acquire water treatment company Evoqua in an all-stock deal valued at an implied enterprise value of about $7.5 billion. The combined company expects $140 million in annual run-rate cost synergies within three years.

US industrial packaging distributor B2B Industrial Packaging has acquired custom packaging supplier Next Press of Mahwah, New Jersey. It is B2B's 27th acquisition in 13 years.

Nestlé Health Science will invest $43 million to add two production lines at its Eau Claire, Wisconsin factory, making Boost and Carnation Breakfast Essentials ready-to-drink products. The expansion will add 60 jobs.

Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.

Helios Technologies is expanding its Daman Products plant in Mishawaka, Indiana by 50,000 square feet and adding a significant number of employees. The site will become a Center of Excellence for North American manifold operations, with relocation expected by Q3 2023.

Fluid power and industrial automation distributor Triad Technologies completed its acquisition of Industrial Service Products, LLC, expanding its Illinois presence. Terms were not disclosed.

Horizon Acres Associates proposes a $142 million, 1.5 million square-foot flex campus with six commercial/industrial facilities in the Town of Pembroke, New York. Construction is planned to start later this year and could create up to 400 jobs.

Edwards Vacuum, part of Atlas Copco, is seeking incentives for a first phase of $212 million to build a semiconductor dry pump manufacturing facility at STAMP in Genesee County, New York. It would create 343 high-wage jobs.

Trendsetter Engineering was awarded a multi-year rental and servicing contract to provide a 20,000 psi subsea well intervention package for Beacon Offshore Energy's Shenandoah project in the Gulf of Mexico, with delivery scheduled for 3Q 2023.

Engineered Foam Packaging, a J.B. Poindexter subsidiary, plans to establish a 117,000-square-foot facility in Bishopville, Lee County, investing $15 million and creating 53 jobs. Operations are expected online by August 2023.

Wärtsilä will supply 34DF dual-fuel engines for two new U.S. power plants ordered by a major investor-owned utility in the Upper Midwest, totalling 75 MW from eight engines. The order was booked in November 2022 and announced on 10 January 2023.

Atlas-SSI, a North American traveling water screen and bulk material handling manufacturer, has acquired Cooling Tower Valves and Screens LLC of Baton Rouge, Louisiana. The announcement was made on January 6, 2023.

Finnish technology group Valmet has completed its acquisition of the US-based Process Solutions business of NovaTech Automation. The deal was announced in November 2022.

Polymer Packaging, Inc. acquired The William-Allen Company, a flexible packaging and container supplier with a 33,000 square foot warehouse in North Canton, Ohio. Terms were not disclosed.

Edwards opened a 200,000-square-foot facility in Chandler, Arizona, in November 2022 for remanufacturing and assembly of vacuum pumps for the US semiconductor market. The site is expected to create about 200 new jobs.

J. Sloan & Co. advised on the sale of Arlington, Texas-based water treatment equipment supplier Pumps and Controls to an undisclosed industry buyer. The transaction closed on September 30, 2022, and terms were undisclosed.

Hollingsworth & Vose will invest $40.2 million to expand its Floyd County, Virginia facility by over 28,000 square feet for new production equipment, creating 25 new jobs. Governor Glenn Youngkin announced the project on 3 January 2023.

EFP, a J. B. Poindexter subsidiary, has opened its first South Carolina plant in Bishopville, Lee County, a 117,000 sq ft facility for custom protective packaging and cold chain solutions. The $15 million investment was first announced in January 2023 and the company has hired 30 employees toward a planned 50.

Holland Pump Co acquired BPR Pumping & Vacuum Solutions, a Texas pump rental business with branches in Houston and Austin, adding dewatering services. The deal was reported in the first quarter of 2023.

MECO, a Grundfos company, acquired San Diego-based Water Works Inc, which designs and installs ultrapure industrial water systems for life science and high-tech customers. The deal was reported in the first quarter of 2023.

AE Industrial Partners signed a definitive agreement to sell portfolio company Resolute Industrial, a North American provider of specialty HVAC&R rental services and compressor remanufacturing, to Aggreko for a transaction value of $440 million on a cash-free, debt-free basis.

Pusterla 1880 is merging with Burt Rigid Box, a rigid box maker in Oneonta, New York, founded in 1886, as its first US site. Burt's president Laura Brodie becomes the first non-family shareholder in Pusterla and heads its North American operations.

Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.

Griffin Dewatering, a portfolio company of Dallas-based Crossplane Capital, purchased the Pump & Integrity Rental segment of Cross Country Infrastructure Services. The deal was reported on 20 December 2022.

Eastern Controls, Inc. expanded its authorized representation of SICK to cover Eastern Pennsylvania, New Jersey, Delaware, Maryland and New York, building on its existing western Pennsylvania, West Virginia and Ohio territories.

Atlas Copco acquired the operating assets of Northeast Compressor, a seller of air compressors and services to industrial customers in upstate New York, strengthening its geographic coverage there; the price was not disclosed.

Nelipak Healthcare Packaging will initially invest at least $11.8 million to establish a flexible healthcare packaging production site in Winston-Salem, Forsyth County, North Carolina, creating at least 36 jobs.

General Machine and Tool Company will invest $3.7 million to expand manufacturing at its headquarters in Elizabethton, Tennessee, creating 25 new jobs in Carter County. The expansion follows its acquisition by Cinco Research Corporation in February 2022.

The Stephens Group acquired Quality Valve, an OEM replacement parts provider, from seller Pfingsten. The article gives no deal value.

Axium Packaging has acquired 83 acres in New Albany, Ohio to secure space for future expansions, adding to the $400 million it has invested in local facilities.

Axium Packaging is investing $45 million to construct a new facility called Vertix in New Albany, Ohio, which will also house a new product line for recycled plastic packaging.

Baker Hughes' Masoneilan valves unit won a contract to supply 21000 and 41000 globe control valves for the Advanced Clean Energy Storage hydrogen project in Delta, Utah, which supports an 840 MW hydrogen-blend gas turbine plant. The project is being built by Mitsubishi Power Americas and Magnum Development.

UFP Packaging, an affiliate of UFP Industries, acquired Titan Corrugated, a corrugated packaging manufacturer, and its affiliate All Boxed Up, a corrugated box distributor. The combined companies had trailing 12-month sales of about $46.5 million, and Titan operates an automated facility in Flower Mound, Texas.

Michigan Automotive Compressor Inc. plans to spend $82 million to retain 241 jobs by installing production lines for electric vehicle parts at its Parma-area factory west of Jackson, Michigan. Production of the new parts is expected to begin in December 2024.

Saica Group has begun operations at a new plant in Hamilton, Ohio, producing corrugated board and packaging. It is the company's first manufacturing site in the US and its tenth country of operation.

Riverstone Credit Partners provided Katy, Texas-based sustainable packaging provider Hoover CS a $160 million senior term loan. The financing gives Hoover CS additional liquidity to execute its growth strategy.

Akers Packaging Service Group acquired SCI Box, a family-owned corrugated packaging business of Mount Vernon, Illinois, founded in 1976. The deal supports Akers' Midwest expansion strategy and adds the Mount Vernon facility.

Central States Industrial (CSI) completed its acquisition of Sierra Seals, a supplier of hygienic pipe, valves, pumps and related equipment, and Sierra Seals is moving to a new site in Ceres, California. The deal was announced on December 1, 2022, and the acquisition was completed on August 1, 2022.

NOVAIR USA plans to invest more than $1 million and add 12 jobs at its North Tonawanda, New York plant to expand oxygen and nitrogen generator manufacturing, including moving some production from America Energy in Miami.

Hidden Harbor Capital Partners acquired Machinery Services Corp. and Rapid Pump & Meter Services Co., based in Paterson, New Jersey, with senior secured credit facilities provided by LBC Credit Partners. The deal was announced on 29 November 2022.

Novvia Group, a packaging distributor backed by Kelso & Company, acquired Innovative Container, a La Mirada, California distributor of plastic, metal, glass and corrugated containers. Financial terms were not disclosed.

Ziehl-Abegg is investing 100 million euros in a new 46,500 m2 US production plant in Winston-Salem, North Carolina, expected ready for occupancy in 2024, with the existing Greensboro site relocated there in 2025.

Edwards plans to open a new dry vacuum pump manufacturing facility in the WNY STAMP park in Genesee County, New York, with a $319 million investment that will create around 600 skilled jobs. The first phase is a 240,000 sq ft site costing about $127 million.

Michigan Automotive Compressor (MACI), a Toyota Industries and DENSO joint venture, plans a $82 million investment to install new production processes at its Parma facility to produce electric vehicle technology products, retaining 241 jobs.