JobsOhio awarded Burrows a $400,000 grant to support investment in new machinery, equipment and infrastructure at its food-packaging manufacturing plants in Mount Vernon and Franklin, Ohio.
EW GROUP, a German strategic holding company, announced the acquisition of Hygiena, a leader in food safety and environmental testing solutions, from Warburg Pincus. The transaction is expected to close in March 2021; terms were not disclosed.
CPI Aerostructures received an $8.7 million purchase order from the U.S. Air Force for structural modification kits and sustainment services under the T-38C Pacer Classic III program, increasing total funded contract value to $24.0 million.
Louisiana-Pacific Corporation will convert its Houlton, Maine mill to manufacture SmartSide engineered wood siding, with production beginning in early 2022.
Ioneer signed a memorandum of understanding with Caterpillar to adopt Cat Command for hauling and Autonomous Haulage System technology at the Rhyolite Ridge lithium-boron project in Nevada.
Packaging Technologies & Inspection LLC awarded its Waldner agency business to WNA Packaging Technologies LLC, which will operate under the Waldner North America brand for sales, service and new product development.
Huntington Ingalls Industries – Newport News Shipbuilding awarded a contract to Timken's Philadelphia Gear to supply main reduction gears for the future USS Doris Miller (CVN-81) aircraft carrier. The contract value is in excess of $100 million, with delivery scheduled for 2025-2026.
Regal Beloit and Rexnord agreed to combine Rexnord's Process & Motion Control segment with Regal through a tax-free spin-off and Reverse Morris Trust transaction, creating a power transmission provider with about $4.1 billion pro forma 2020 revenue and $120 million targeted annual cost synergies.
Monarch Steel Company, a provider of flat-rolled steel products, acquired the Cleveland operations of Feralloy Corporation to strengthen its presence and customer base in Northeast Ohio.
GLOBALFOUNDRIES announced a strategic partnership with the U.S. Department of Defense to provide a secure supply of semiconductor chips manufactured at its Fab 8 in Malta, New York, for sensitive defense applications.
Hall Industries Inc. plans to invest over $11.8 million to move its operations to the Cooper Industrial Commons building in Grove City, Pennsylvania, streamlining its operations in a 468,000-square-foot facility.
Electrical Consultants Inc. (ECI), a power delivery provider, has acquired Casco Systems, a consulting firm providing design, protection, integration, automation and testing services to utilities and energy clients. Financial terms were not disclosed.
JobsOhio provided Burrows, a Novolex brand, a $400,000 grant to invest in new machinery, equipment and infrastructure at its food-packaging plants in Franklin and Mount Vernon, Ohio, where more than 300 employees work.
Lanxess agreed to buy Emerald Kalama Chemical from private equity firm American Securities for an enterprise value of US$1.075 billion. Emerald Kalama is a specialty chemicals maker with about 500 employees and US$425 million in 2020 sales.
Hall Industries purchased the former Cooper Industries plant in Grove City, Pennsylvania, in a deal valued at $12 million. The company will produce rotary rail car dumpers at the site, creating 57 jobs over three years.
American Axle & Manufacturing (AAM) secured the next generation axle and driveshaft program for Ram's heavy duty pick-up trucks (2500 and 3500) as strategic driveline supplier through 2030, with expected sales exceeding several billion dollars over the lifetime.
ATS Automation Tooling Systems received an order from Holtec International to design, build and test specialized tooling equipment for decommissioning retired nuclear plants in Holtec's U.S. fleet. The order was booked in Q3 fiscal 2021 and will be delivered over 9 months.
TDK has signed an agreement to acquire Chirp Microsystems, a pioneer in high-performance ultrasonic 3D sensors, to expand its sensor business. The acquisition will combine Chirp's technology with TDK's fingerprint, MEMS, and piezo-ceramic sensors.
Allison Transmission will offer its eGen Flex electric hybrid propulsion system to Gillig for its transit buses. Gillig has received their first order for Allison eGen Flex-equipped buses from IndyGo.
Eriez announced the completion of a major expansion to its Wager Road facility in Erie, Pennsylvania, adding 38,000 square feet to the existing building, bringing it to 148,000 square feet. The expansion includes a new Recycling Test Center, expanded Aftermarket Repair Center, new R&D area, and a new Electronics Lab.
Alfa Laval has joined the Carrier Alliance program by executing a strategic long-term agreement to supply engineered heat exchangers across Carrier's Commercial HVAC and Refrigeration portfolios globally.
A rail spur built by Stevens-Leinweber Construction gives Georgia-Pacific's GP Corrugated 100,000-square-foot Tolleson, Arizona facility direct Union Pacific rail access, completing the Tolleson Rail Corridor project.
Soucy International's Defense Division has been awarded a contract by the US Army Ground Vehicle Systems Center to manufacture and deliver prototype Segmented Composite Rubber Track systems for the Optionally Manned Fighting Vehicle technology demonstrator.
ClearPoint Neuro announced a multi-product joint development and option agreement with Blackrock Microsystems to develop products for neurosurgery markets, including microelectrode recording platforms and smart biopsy needles. Initial product launches are expected in 2023.
Herculite Products Inc. acquired the Laminated Fabrics Division of Burlan Manufacturing LLC. The acquisition was announced on 11 February 2021.
DuPont acquired Tex Tech's Core Matrix Technology, a patented monolithic fabric structure for ballistic protection. Financial terms were not disclosed.
Colorado Mechanical Systems (CMS) acquired AMI Mechanical Systems, an HVAC, plumbing and building controls services company based in Thornton, Colorado. The acquisition expands CMS's services in the Mountain West region.
Antares Vision Group acquired Applied Vision Corporation, a machine vision solutions provider for metal container inspection, for $45 million. The deal was completed in December 2020.
Generac Power Systems plans to open a new manufacturing, assembly, and distribution operation in Trenton, South Carolina, creating about 450 jobs. The facility will be operational by Q3 2021 and will support demand for home standby generators.
Arlington Capital Partners agreed to purchase Triumph Group's manufacturing facility in Red Oak, Texas, for composite and metallic aircraft components. The sale includes a 1 million-square-foot factory and approximately 400 workers.
American Refrigeration Company (ARC) acquired Capitol Engineering Co., a commercial/industrial HVAC system design, installation, and service company. The acquisition enhances ARC's HVAC capabilities in New England.
Harvia agreed to buy a facility in Lewisburg, West Virginia, for approximately EUR 2.1 million. The facility will increase production capacity of Almost Heaven Saunas by about one third, with production expected to begin in September 2021.
Tenaris supplied the full strings of conductor casing and other OCTG products for Total's Gulf of Mexico South Platte project through its Rig Direct model, including technical support for a 33,000 ft. exploration well.
Amentum-Kupono joint venture won an $854 million contract from the U.S. Navy for range operations support. The contract was announced on February 10, 2021.
Maxco Supply, a produce packaging design and manufacturing company, recently started operations at its newest plant in Parlier, California.
Generac Power Systems plans to open a new manufacturing, assembly, and distribution operation in Trenton, South Carolina, creating approximately 450 new jobs over two years, with the facility expected to be operational by Q3 2021.
Abaco Systems announced a design win with an initial value of $505,000 and a lifetime potential of $4.5 million to support a major defense prime's upgrade of the Side Head Up Display platform in AC-130J gunships.
SNF will invest $300 million in 2021-2022 to add 30,000 MT/yr of powder-grade PAM and 100,000 MT of acrylamide production at its Plaquemine, Louisiana facility. Infrastructure work begins in 2021 with completion in late 2022.
Greenkote completed a major expansion of production capacity at its headquarters facility in Brook Park, Ohio, in response to increased demand for anticorrosion coatings on metal fasteners and hardware.
Astronics Corporation was awarded an order of approximately $11 million from Collins Aerospace for business jet connectivity equipment. The order is a follow-on to previous orders for inflight connectivity hardware.
Hollingsworth & Vose announced the completion of a $40+ million expansion of one of its manufacturing plants in Floyd, Virginia, coinciding with the company's 50th anniversary in the community.
Veramaris, a joint venture of DSM and Evonik, upgraded automation and equipment at its Blair, Nebraska facility to scale up production of Omega-3 oil from marine algae.
Mitsubishi Logisnext Americas group will become 100% owned by Mitsubishi Logisnext, as its subsidiary MCFA acquires the shares held by Caterpillar Industrial Inc.
Archer Aviation, a developer of eVTOL aircraft, entered into a business combination agreement with Atlas Crest Investment Corp to list on the NYSE. The deal is expected to provide $1.1 billion in gross proceeds, including a $600 million PIPE.
VA Commercial Repair Solutions announced a joint venture with Fire and Safety Equipment of Lynchburg to provide commercial HVAC repair and installation services in Virginia.
Alpen High Performance Products moved to a new 59,000-square-foot facility in Louisville, Colorado, nearly 40% larger than its previous facility, consolidating operations and adding automation machinery.
American Refrigeration Company (ARC) acquired Capitol Engineering Co, a regional leader in commercial/industrial HVAC systems. The acquisition was announced on February 9, 2021. Financial terms were not disclosed.
Bridge to Life, a supplier of organ preservation solutions, and Tevosol, a medical device startup, announced their merger to develop and commercialize Tevosol's portable ex-vivo lung perfusion machine and normothermic organ preservation platform. The merger was announced on February 9, 2021.
UpT Reliability Solutions, a newly formed provider of motor repair and automation services, has partially acquired Perceptive Controls, a systems integrator for water/wastewater and industrial customers based in Plainwell, Michigan.
ZF Group is expanding its transmission plant in Gray Court, South Carolina, investing EUR 150 million and creating 500 new jobs. Production of the PowerLine automatic transmission for commercial vehicles will start in 2023.