Pro Refrigeration will manufacture CryoBuilt's EVEREST Cryotherapy system at its facility in Mocksville, North Carolina, expanding its capacity for low-temperature systems. Pro Refrigeration has invested nearly $1 million in equipment and upgrades to the facility.
Pro Refrigeration will manufacture CryoBuilt's EVEREST Cryotherapy systems at its facility in Mocksville, North Carolina. Pro Refrigeration has invested nearly $1 million in equipment upgrades to support the partnership.
Swedish agricultural machinery maker Väderstad AB has acquired 100% of AGCO-Amity JV LLC, which markets the Concord, Wil-Rich and Wishek brands. The acquisition will be integrated under the name Vaderstad Inc.
SI Group announced plans to invest more than $50 million across three manufacturing sites in North America to install main antioxidant capacity. The new capacity is expected to come online in the second half of 2022.
Kraton Corp., a producer of specialty polymers and bio-based products, entered into a definitive merger agreement to be acquired by DL Chemical Co. Ltd., a subsidiary of DL Holdings Co. Ltd., in an all-cash transaction.
Whirlpool Corporation is investing $15 million in its Tulsa, Oklahoma factory to increase production capacity and create about 150 new jobs, with an additional $1 million from the state of Oklahoma. The plant makes freestanding and slide-in ranges.
TAT Technologies plans to move its heat exchanger thermal components manufacturing from Israel to Tulsa, Oklahoma, and expand Limco Airepair there. It also plans a new global R&D center on its Tulsa campus.
Air Industries Group received a $7.4 million order for Thrust Struts, a critical component of the Geared Turbofan (GTF) jet engine for commercial aviation.
Frequency Electronics received a follow-on order valued at approximately $3 million for g-compensated Oven Controlled Quartz Oscillators, critical components for US Government communications systems on military platforms. The contract period is about 22 months.
BDT Capital Partners agreed to acquire Culligan International from Advent International and Centerbridge Partners. The deal values Culligan at $6 billion.
SyBridge Technologies has completed the acquisition of ToolStats software and related intellectual property from CaptureMore. The acquisition enables the launch of SyBridge IoT Cloud.
Friedman Industries announced plans for a new facility in Sinton, Texas to support future growth. No further details on investment or capacity were provided.
Schreiber Foods is moving ahead with a $52 million expansion of its distribution center in Carthage, Missouri, which will double its footprint and create at least 16 new jobs. Construction is expected to begin in July 2021.
Hanwha Aerospace signed a contract with General Electric to supply 72 types of aircraft engine parts worth about $320 million (360 billion KRW), with deliveries from 2023 to 2026.
Marotta Controls announced that its custom fin Control Actuation System (CAS) for Lockheed Martin has achieved full component-level qualification and is transitioning into high-volume production. The company expanded its manufacturing capabilities to support the program.
Novelis' plant in Scriba, New York, will be a primary supplier of high-strength, lightweight aluminum for the body panels of Ford's all-electric F-150 Lightning pickup. The supply arrangement was reported on May 25, 2021.
Tier one automotive parts supplier Marelli has signed a five-year contract with DHL Supply Chain for fourth-party logistics services in North America. DHL will oversee Marelli's regional supply chain operations to reduce transport costs.
Hanwha Systems will complete the acquisition of a 9.1% stake in U.S. satellite antenna maker Kymeta for 33.2 billion won on May 28, 2021. The deal includes exclusive distribution rights for Kymeta products in South Korea and joint development of next-generation electronic satellite communication antennas.
Komatsu Mining Corp.'s $285 million headquarters complex in Milwaukee's Harbor District remains on track for full occupancy in spring 2022, with initial move-in of office employees beginning in fall 2021. The project includes new corporate offices and a plant.
Boeing received a $101,730,845 modification to its KC-46 engineering, manufacturing, and development contract for interim contractor support and logistics service representatives support at Seymour Johnson Air Force Base.
NextPhase Medical Devices LLC acquired Proven Process Medical Devices Inc., expanding its expertise in R&D, engineering, design and manufacturing of FDA Class II and III therapeutic and diagnostic devices.
LANXESS completed the acquisition of Emerald Kalama Chemical, adding around 470 employees and production sites in the U.S., the Netherlands, and Great Britain.
Valens Semiconductor, a provider of high-speed connectivity solutions, will merge with SPAC PTK Acquisition Corp. in a deal valued at $1.16 billion. The combined company will list on the NYSE under the symbol VLN.
California-based Stewart Tool Company will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, Virginia, renovating a former Kloeckner Metals facility and creating 22 jobs.
Poland-based can maker CANPACK plans a beverage can plant in Muncie, Indiana, expected to create 345 jobs by the end of 2023.
CentroMotion, owned by an affiliate of One Rock Capital Partners, signed a definitive agreement to acquire Carlisle Brake & Friction from Carlisle Companies. CBF, based in Medina, Ohio, makes friction materials and mechatronic brake and transmission products for off-highway vehicles.
Magna Mirrors, a unit of Magna International, broke ground on a new $31 million, 170,000-square-foot mirror facility in upstate South Carolina, creating 300 jobs. The plant will produce nearly 2 million high-tech mirrors annually and is expected to open in early 2022.
Hyzon Motors signed a strategic collaboration agreement with Sojitz Machinery Corporation of America to explore new fuel cell-powered commercial mobility applications, including forklifts, and to access new markets.
GenServe, a portfolio company of GenNx360 Capital Partners, acquired DynaTech Generators, a provider of generator maintenance and repair services based in Lebanon, Pennsylvania. This is GenServe's fifth acquisition.
Aqua-Aerobic Systems' AquaNereda technology has been selected for a new $39 million wastewater treatment facility in South Sioux City, Nebraska, expected to be mostly complete by summer 2023 and started up by autumn 2023.
Martin Marietta Materials announced it will acquire Lehigh Hanson's West Region business for $2.3 billion in cash, including 17 active aggregates quarries and two cement plants in California and Arizona.
Matsu Ohio, Inc., part of Matcor-Matsu Group, will invest $4.52 million to expand its automotive component manufacturing operations in Edgerton, Ohio, creating 104 jobs.
Magnode, LLC will invest $40.8 million to expand its aluminum manufacturing operations in Trenton, Ohio, creating 171 jobs and doubling capacity at a greenfield site.
Aqua-Aerobic Systems' AquaNereda technology was selected for a new $39 million wastewater treatment plant in South Sioux City, Nebraska. Construction is expected to start by late summer 2021 and be substantially complete by summer 2023.
Algoma Steel, a Canadian steel producer, signed a definitive merger agreement with SPAC Legato Merger Corp. to become a publicly listed company, with an enterprise value of approximately $1.7 billion.
SEI Group LLC of Doraville, Georgia announced the acquisition of Tailored Foam of Florida, Inc. in Sanford, Florida. The deal value was not disclosed.
Pratt & Whitney intends to begin producing high-pressure turbine airfoils for commercial and military aircraft engines at its new North Carolina facility by the second half of 2022.
Munters Group AB broke ground on a $36 million, 365,000 square-foot facility in Botetourt Center at Greenfield, Virginia. The facility will house manufacturing, R&D, and sales for data center cooling and industrial process systems, replacing an existing plant in Buena Vista and retaining all 200 employees.
HXPN, Inc. executed a letter of intent to acquire 100% of H2O EMC2, a manufacturer of atmospheric water generators using hydrogen-based clean power, in an all-stock deal expected to close in Q2/Q3 2021.
Aqua-Chem, Inc. invested in a new automated laser cutting machine to expand production capacity and reduce lead times, supporting demand for its Torrent Ambient WFI and PW systems for the pharmaceutical market.
Tesla signed a contract with Samsung for next-generation 2nm chips to power future electric vehicles and AI systems, providing demand certainty for the Taylor plant.
Samsung Electronics resumed construction on its semiconductor plant in Taylor, Texas, supported by a $4 billion investment for equipment and hiring, with production focused on advanced SF2P process chips.
HUBER Technology was selected to supply equipment including a Multi-Rake bar screen, sludge screen, and belt dryer for the $60M La Crosse 2021 Wastewater Treatment Facility Upgrades in Wisconsin.
Rohde & Schwarz was awarded a subcontract by Boeing to deliver R&S MR6000R software-defined airborne transceivers for the US Air Force's T-7A Red Hawk fleet.
Ardagh Group plans to expand its Winston-Salem, North Carolina aluminum can plant with two new high-speed can lines, investing US$195 million and creating about 94 jobs by 2022.
Heartland Equity Partners acquired a majority interest in ABM Equipment & Supply of Hopkins, Minnesota, on May 20, 2021. Terms were not disclosed.
SK Innovation and Ford signed an MOU to form a joint venture, BlueOvalSK, to produce electric vehicle battery cells and modules in the US. The JV plans to invest about 6 trillion won (approx. USD 5.4 billion) for an annual capacity of 60 GWh, with production starting around 2025.
Aqua-Aerobic Systems, Inc. has been selected to supply its AquaNereda Aerobic Granular Sludge technology for a new wastewater treatment plant in South Sioux City, Nebraska. The overall project cost is $39 million, and construction is expected to be underway by late summer 2021, with substantial completion by summer 2023 and startup by fall 2023.
CoolSys acquired Thermal Resource Sales and Supermarket Environment Services Company (TRS-SESCO), a commercial and industrial HVAC and energy solutions company based in Kernersville, North Carolina.
Leonardo DRS selected Moog's Space and Defense Segment to deliver 28 reconfigurable integrated weapons platform (RIwP) turrets for the US Army's M-SHORAD Inc 1 program, with an initial contract award for 30 turrets.