US-based packaging automation company K2 Kinetics acquired Robotic Packaging Machinery (RPM), a designer and manufacturer of case packing solutions. Financial details were not disclosed.
Arkema will add 15 kt/year capacity for 1233zd at its Calvert City site in the US, with an estimated investment of $60 million, expected to start in late 2023.
SPX Corporation entered into a binding agreement to sell its wholly-owned subsidiary SPX Transformer Solutions to GE-Prolec Transformers for $645 million in cash. The transaction is expected to close in the second half of 2021.
nVent Electric signed a definitive agreement to acquire CIS Global, a provider of data center power solutions, for approximately $200 million in cash. The deal is expected to close by Q3 2021.
Honeywell will own a majority stake in a new quantum computing joint venture with Cambridge Quantum Computing, investing $270 million to $300 million after the deal closes in Q3 2021. The combined company will have over 300 employees.
KAMIC Group AB has acquired all shares in Talema Group LLC, a global manufacturer and supplier of magnetic components such as transformers and inductors, from the Park and Daily families.
Green Dot Bioplastics has started construction on an expansion at its Onaga, Kansas facility to double production capacity, ahead of new product launches in compostable packaging.
Austal USA was awarded a $3.6 million U.S. Navy contract for functional design of the Navajo-class Towing, Salvage and Rescue Ship (T-ATS), a steel-hulled vessel, with work to be performed in Mobile, Alabama.
AFG Holdings, Inc. acquired the shares of Maass Flange Corporation and its affiliated businesses in Mexico and Canada, creating Ameriforge LLC to offer a broad spectrum of forged products including carbon, stainless and nickel alloy flanges.
Cottrell, a US trailer equipment maker, will build a second manufacturing facility in Gainesville, Georgia, investing $125 million. The 46,500 sq.m plant is expected to break ground in Q3 2021 and be complete in 2023, doubling capacity to 400 units per month.
Akkerman is expanding its facility with a new 10,800-square-foot weld shop, which will also create dedicated warehouse space. The expansion is underway and on schedule.
Cargill and HELM formed a joint venture, Qore, to build the first commercial-scale renewable 1,4-butanediol (BDO) facility in the US, with a combined investment of $300 million.
Angeles Equity Partners agreed to acquire Primus Aerospace, a manufacturer of complex precision components for the aerospace, defense, and space sectors. Financial terms were not disclosed.
GlobalWafers (Global Crystal) signed an $800 million long-term supply contract with GlobalFoundries for 12-inch SOI wafers. GlobalWafers will increase 12-inch SOI wafer production and expand 8-inch SOI wafer capacity at its existing fab in St. Peters, Missouri.
Abbiamo Pasta Company is spending $5.2 million to expand its Casselton, North Dakota plant by 94,400 square feet, adding a third production line. The expansion will double capacity, adding 60 million pounds of pasta production per year, and create 26 new jobs. The Cass County Board approved a tax break in November 2020.
MEP Ltd., a UK-based manufacturer of complex plastic and metal components for aerospace and defense, will invest $6.4 million to establish its first U.S. operation in Danville, Virginia. The project will create 45 new jobs. The company will operate as Making Everything Possible LLC and will occupy a temporary space while its new facility is constructed at Cyber Park.
GlobalWafers Co., Ltd. announced an $800 million long-term agreement with GLOBALFOUNDRIES to add 300mm SOI wafer manufacturing and expand 200mm SOI wafer production at GWC's MEMC facility in O'Fallon, Missouri. The deal includes nearly $210 million in capital expenditures and will create more than 75 new jobs. The 300mm pilot line is on track to be completed in Q4 2021.
Duravant, a US-based engineered equipment and automation solutions provider, closed its acquisition of Foodmate, a manufacturer of poultry processing equipment. The deal was announced in April 2021 and closed in late May 2021. Financial terms were not disclosed.
Probo Medical, a global provider of medical imaging equipment, has acquired Tenvision, a Tennessee-based ultrasound equipment sales, service and training company. Terms were not disclosed.
Shermco, backed by Gryphon Investors, has acquired two Washington-based electrical specialty businesses: Sigma Six Solutions and Innovative Electric.
GLOBALFOUNDRIES and GlobalWafers announced an $800 million long-term agreement to add 300mm SOI wafer manufacturing and expand 200mm SOI wafer production at GlobalWafers' MEMC facility in O'Fallon, Missouri, including $210 million in capital expansion and over 75 new jobs.
Vulcan Materials Company will acquire all shares of U.S. Concrete, Inc. for $74.00 per share, totaling $1.294 billion in equity value. The deal is expected to close in the second half of 2021.
Copley Equity Partners merged Magna IV Engineering and Power Solutions Group to create a leading NETA accredited electrical testing and engineering services provider with 16 offices and 180 technicians. Financial terms were not disclosed.
Wonbiogen completed US FDA registration for hydrocolloid wound dressing products, enabling export expansion to North America. The company is negotiating supply contracts with US companies and plans to build a dedicated production plant.
Wieland North America Inc. plans to build a $100 million copper and copper-alloy recycling facility in Shelby County, Kentucky, creating 75 jobs.
Shape Corp. announced plans to expand its aluminum division Magnode LLC with a new $41 million facility in Trenton, Ohio, creating 171 jobs. The facility will focus on aluminum extrusion and post extrusion for the automotive industry.
Matsu Ohio, part of Matcor-Matsu Group, announced a $44.5 million investment to expand its Edgerton, Ohio operations, adding 104 new jobs. The investment will fund new machinery and equipment to support new vehicle programs.
Nucor Corporation, through its subsidiaries Nucor Insulated Panel Group Inc and Vulcraft Canada Inc., entered into a definitive agreement to acquire the insulated metal panels, metal roof and wall systems, and metal coil coating businesses of Cornerstone Building Brands, Inc. The purchase price was not disclosed.
Marion Manufacturing and Augustine Die & Mold Inc. were awarded a $24,960,614 firm-fixed-price contract from the U.S. Department of Defense to provide various machined items for the Portsmouth Naval Shipyard.
Roche Tissue Diagnostics broke ground on a 60,000-square-foot production building in Marana, Arizona, to house instrument and service production. The project costs $43.5 million and will move about 150 existing employees there upon completion in 2022.
Lehigh Cement Co. LLC dropped its $151 million deal to acquire Keystone Cement Co. after the FTC voted to block the merger due to competition concerns.
Seal Bond Inc. is planning to relocate to a new 200,000-square-foot facility in Norton Shores, Michigan, for storage, warehousing, and light manufacturing.
Acuity Brands has agreed to acquire the North America-based Digital Systems business of ams OSRAM, which manufactures lighting control systems, electronics and drivers. The business has about 1,100 employees.
Corbion has invested in more efficient and sustainable technology at its lactic acid facility in Blair, Nebraska, increasing capacity by 40% without increasing total energy-related carbon emissions. The project reduces the cradle-to-gate carbon footprint per ton of lactic acid by 9%.
Vestas has signed an agreement to sell its tower manufacturing facility in Pueblo, Colorado, to CS Wind, a Korea-based tower manufacturer. The deal aims to enable increased volume and multi-brand tower production, with Vestas securing an agreed volume of output.
Montreal-based geosynthetics manufacturer Solmax finalized the acquisition of TenCate Geosynthetics, headquartered in Pendergrass, Georgia, creating the largest geosynthetics company in the world.
Jubilant HollisterStier announced a $92 million investment to expand sterile injectable manufacturing capacity at its Spokane, Washington facility, adding a high-speed fill line and lyophilizers, to be commercially operational by end of 2024.
Century Aluminum hosted a ribbon cutting ceremony for a planned 50% production capacity increase at its Mount Holly, South Carolina smelter, involving a $60 million investment and creation of 100 new jobs.
Zume Inc. announced a deal with Jefferson Enterprise Energy to build a renewable energy-powered molded fiber manufacturing facility in Lufkin, Texas, using Zume's patented technology and biomass energy from Jefferson.
Pearl Technologies, an industrial cutter manufacturer, will renovate and upgrade its headquarters and manufacturing facilities in Savannah, Wayne County, New York. The project will add and retain more than 60 jobs and bring in-house production of industrial knives currently outsourced overseas. Empire State Development is assisting with up to $200,000 in tax credits.
Artera Services announced it has entered into an agreement to acquire K.R. Swerdfeger Construction Inc., a provider of natural gas distribution and water infrastructure services based in Pueblo West, Colorado. The acquisition expands Artera's gas distribution services into Colorado and New Mexico.
Summit Interconnect, backed by HCI Equity Partners, announced it acquired Eagle Electronics on June 1, 2021. Eagle is a printed circuit board manufacturer focused on high-performance applications for aerospace, defense, and commercial markets. Financial terms were not disclosed.
Airbus has selected L3Harris Technologies to provide nano Microwave Power Modules for OneSat satellites operating in multiple frequency bands for next-generation software-defined networks.
DTE Energy is developing the 1.15GW Blue Water Energy Centre natural gas-fired combined-cycle power plant in St. Clair County, Michigan, with construction started in August 2019 and commissioning expected by June 2022.
Archroma has signed a distribution agreement with Van Horn, Metz & Company to distribute its Mowilith emulsions and premiere Core Shell technology in the US market.
LifePort LLC was awarded a maximum $42 million fixed-price contract by the Defense Logistics Agency for medical equipment and accessories. The five-year contract has a June 2, 2026 ordering period end date.
BraunAbility acquired a majority ownership position in Q'STRAINT, a global mobility company providing wheelchair securement solutions. The transaction closed on May 28, 2021.
Carlisle Construction Materials began construction on its sixth TPO manufacturing line in Carlisle, Pennsylvania, to produce 16-foot-wide TPO membranes. Production is expected to begin in early 2022.
Cacique, LLC will open a new food processing operation in Amarillo, Texas, creating 187 jobs and $88 million in capital investment. A groundbreaking celebration is scheduled for June 3, 2021.
Trachte Building Systems announced plans to expand its Roof Mart facility in Lamar County, Alabama, with an $11.5 million investment that will create 70 jobs over three years.