Korean automotive parts supplier Duckyang will invest $10 million to open its first U.S. manufacturing facility in Braselton, Jackson County, Georgia, creating 285 jobs. The facility will supply battery modules and energy storage systems to SK Battery America.
Carboline, a St. Louis-based coatings manufacturer, launched CarboNext, an initiative aimed at young corrosion professionals.
Pyran Inc. received an additional $500,000 grant from the National Science Foundation following its latest fundraising round.
Boeing received an $18,884,180 order to produce and deliver 48 automatic backup oxygen system retrofit kits for the T-45 aircraft, with work in San Antonio and St. Louis.
Crane Technologies Group Inc. received a $20,077,068 contract to modernize up to seven 60/15-ton portal cranes at Norfolk Naval Shipyard and Puget Sound Naval Shipyard, with first task order of $2,598,471.
Multivac opened a new 33,368-square-foot logistics center in Kansas City, Missouri, including an automated small parts warehouse and pallet store, to support spare parts logistics and production growth.
S&C Electric Company broke ground on a 55,000-square-foot manufacturing expansion in Franklin, Wisconsin. The expansion will add 50 skilled jobs and is expected to open in 2022.
Franklin Electric acquired New Aqua, a water treatment business with more than 230 employees and 590 independent dealers in the US, in an all-cash transaction valued at $150 million.
Precision Aviation Group acquired Keystone Turbine Services of Coatesville, Pennsylvania, adding Rolls-Royce M250 engine MRO capabilities to its portfolio.
PIDC awarded Dominion Energy a 10-year electric utility operations and maintenance contract for the Philadelphia Navy Yard, effective November 1, 2021.
Ampere, a chip startup founded by former Intel executive Renee James, announced that Microsoft, Oracle Cloud, and Tencent Cloud are major customers for its data center processors.
PIDC awarded Dominion Energy a 10-year electric utility operations and maintenance contract for the Philadelphia Navy Yard, effective November 1, 2021.
Schmalz Inc. held a groundbreaking for the Phase I expansion of its headquarters in Raleigh, NC, which will triple the size of the existing facility. The expansion is scheduled for completion by early December 2021 and will create up to 62 new jobs.
Performance Food Group Company will acquire Core-Mark Holding Company in a cash-and-stock deal valued at $2.5 billion. The acquisition is expected to close in the first half of 2022.
EPTAM Precision Solutions, a Frazier Healthcare Partners portfolio company, acquired Mendell Machine and Manufacturing, a medical component manufacturer in Lakeville, MN. The acquisition combines complementary capabilities for orthopedic, cardiovascular, MIS, and RAS components.
Jacobs was awarded an IDIQ MATOC contract to support the U.S. Army Corps of Engineers Mobile District Military Design and Construction Program, with a shared program capacity of $249 million over five years.
An unnamed Alabama company has received a $17 million contract from the U.S. Air Force for cargo pallets.
Symetrics Industries LLC (doing business as Extant Aerospace) was awarded a $39,701,664 indefinite-delivery/indefinite-quantity contract by the U.S. Air Force to fabricate, integrate, test and deliver line replaceable units and shop replaceable units for the ALE-47 Counter Measure Dispenser System. Work will be performed in Melbourne, Florida, and is expected to be completed by May 21, 2024.
IC Biomedical will open an advanced manufacturing facility near Cartersville, Georgia, with a multi-million dollar investment, creating over 80 jobs. The facility is 75,000 sq ft.
MacLean-Fogg Component Solutions, a division of MacLean-Fogg Company, acquired the assets of Formetrix, LLC, including its metal-powder intellectual property portfolio. The new entity will be called MacLean Formetrix and be based in Macomb Township, Michigan.
The City of La Crosse has broken ground on a $68 million infrastructure reinvestment project at its Wastewater Treatment Facility. The project includes improvements for regulatory changes, future capacity, and flood resiliency, and is expected to take at least three years to complete.
Knight Wall Systems has expanded its fabrication plant in Deer Park, Washington, adding 28,000 square feet of manufacturing space to double capacity. The expansion includes new equipment to control costs and lead times.
Romi USA has entered a distribution agreement with WSM Technology, under which WSM will represent Romi's line of machine tools in Northern Ohio, Western Pennsylvania, and West Virginia.
Weybridge LLC acquired Mika Metal Fabricating, a custom sheet metal fabricator serving medical, surgical, electronics, energy, electrical, and general industrial markets.
Advance Turning & Manufacturing purchased Scott Machine, which will operate as a division, adding a fourth manufacturing facility and expanding services in aerospace, medical equipment and material handling robotics.
OneCharge Lithium Batteries has opened a new manufacturing facility and headquarters in Garden Grove, California, tripling its manufacturing space. The facility houses all in-house manufacturing, assembly, logistics, a service center, and headquarters.
Novolex has agreed to purchase Flexo Converters USA and some of its affiliates for an undisclosed amount. Flexo manufactures paper bags and sacks for restaurants and foodservice distributors, with facilities in Meriden, Connecticut, and Monroe, Georgia.
American International Machinery delivered a custom-built Signature Albatross specialty gluer to Miami Valley Packaging Solutions. The 10-foot-wide machine handles oversized corrugated sleeves and includes a first-of-its-kind turning module, increasing productivity from 5,000 to 50,000 units per day.
Trucent plans to invest an additional $2 million in its Indiana facility over the next few years.
Quench, a provider of filtered water solutions, has acquired Eastern Pure Water, a dealer of Wellsys-branded point-of-use drinking water systems based in Warwick, RI. The acquisition adds more than 500 customers to Quench's base.
Hydro-Gear, a power equipment drive systems manufacturer, is locating a new operation in Huntingdon, Tennessee, expected to create 375 new jobs.
Cobham Mission Systems received a follow-on contract from Thales Alenia Space Italia to supply regulators and latch valves for NASA's Orion European Service Modules, covering ESM 4 through 6 with launches planned for 2026-2027. The announcement is dated 18 May 2021.
Seguin Fabricators completed an expansion by moving into a 65,700-square-foot facility at 1001 Schriewer Road in Seguin, Texas, with an estimated $500,000 in improvements, supported by a $15,000 performance-based incentive from the Seguin Economic Development Corporation.
The Statesville City Council gave final approval on May 17, 2021, to Martin Marietta's plan to expand its Statesville quarry by 53.8 acres and invest $40 million in relocating and upgrading equipment.
Siemens has signed an agreement to acquire Supplyframe, a Design-to-Source platform for the global electronics value chain, for $0.7 billion. The acquisition will strengthen Siemens' digital marketplace strategy and SaaS portfolio.
Cardinal Glass Industries is completing a $25 million expansion of its factory in Durant, Oklahoma, adding a new tempering furnace and other upgrades. The new line is expected to open by mid-June 2021 with full production by July, creating 16 new jobs.
Panasonic Corp. agreed to acquire the remaining 80% of supply chain software company Blue Yonder for approximately $5.6 billion, with total investment valued at $7.1 billion including debt repayment. The deal follows Panasonic's 20% stake purchase in 2020.
ICP Group, backed by Audax Private Equity, acquired Choice Adhesives, a manufacturer of contact adhesives serving roofing and laminate markets. No financial terms were disclosed.
Reedy Industries, a commercial and industrial HVAC services company, acquired Standard Plumbing & Heating/Sheet Metal Crafters of Canton, Ohio, expanding its services footprint in the Ohio region. No financial terms were disclosed.
AirBoss of America Corp.'s subsidiary AirBoss Defense Group completed the acquisition of BlackBox Biometrics, developer of the Blast Gauge System of wearable blast overpressure sensors. The deal includes $7 million cash paid at closing and up to $20 million in royalties over eight years.
A multi-generation family-owned aerospace business in Hauppauge, New York, sold substantially all its business assets to a Connecticut-based private equity firm. The supplier provides aerospace structural components and assemblies for programs including Boeing 777/767 and U.S. Military V22 Osprey and CH-47 Chinook.
Glatfelter Corporation completed the acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million. The transaction includes an airlaid manufacturing operation in Mount Holly, NC and a nonwovens product development operation in Memphis, Tenn.
PowerSouth Energy Cooperative is constructing the 640MW Lowman Energy Center, a gas-fired combined-cycle power plant in Washington County, Alabama, to replace a retired coal plant. Construction started in June 2020 and is expected to be completed by June 2023.
Ondas Holdings has entered into a definitive agreement to acquire American Robotics, a developer of autonomous drone systems, to provide industrial IoT solutions for utility and industrial markets.
Shalby Advanced Technologies, a subsidiary of Mars Medical Devices, has acquired California-based Consensus Orthopedics for $11.45 million, including a manufacturing plant and implant inventory.
Siemens has completed a three-year, $36 million expansion of its Spartanburg, South Carolina manufacturing facility, adding 52,000 square feet and more than 180 new jobs. The plant produces busway products, lighting panels and power distribution switchboards for critical infrastructure markets.
Bright Machines, a software-defined manufacturing automation company, has entered into a definitive merger agreement with SPAC SCVX. The transaction values Bright Machines at a pro forma enterprise value of $1.1 billion and is expected to provide up to $435 million in gross cash proceeds, including a $205 million PIPE.
Domtar will invest more than $60 million to expand its Engineered Absorbent Materials manufacturing operations in Jesup, Georgia, adding a large-scale airlaid nonwoven production line and 75 jobs. The expansion is expected to increase exports through the Port of Savannah by 60%.
Viking Masek purchased an undisclosed stake in robotics company IAS, Inc. to combine packaging and automation capabilities.
restor3d, a leader in patient-specific 3D printed implants, has merged with Kinos Medical, a total ankle replacement company, to accelerate expansion into the foot and ankle market.