Teledyne Technologies agreed to acquire FLIR Systems in an $8 billion cash-and-stock deal to combine complementary sensor technologies and unmanned systems.
ICP Group acquired Gardner-Gibson and Sun Coatings, a manufacturer of liquid-applied roof coatings, roofing products, driveway sealers and specialty paints, based in Tampa, Florida.
Wieland Metal Services acquired Wrisco Industries Inc. to expand its aluminum product portfolio and presence in North America.
Russel Metals Inc. acquired Pewaukee-based Sanborn Tube Sales, Inc., a custom manufacturer and distributor of tubing and aluminum extrusions. Terms were not disclosed.
Takkion Holdings LLC, a portfolio company of Apollo Global Management, acquired Sioux Falls, SD-based Renew Energy, Inc., a provider of operations and maintenance solutions for the renewable energy market.
Neste acquired a minority stake in Alterra, a chemical recycling technology company. The companies will partner to commercialize Alterra's waste plastic liquefaction technology in Europe, with a target to start construction of a liquefaction site in Europe during 2021.
Gorbel Inc. announced that one of its affiliate businesses has acquired Engineered Lifting Systems (ELS) & Equipment Inc. of Elmira, Ontario. The acquisition is expected to create up to 90 new jobs in the Rochester, New York area.
On January 4th, 2021, acpo, a manufacturer of self-wound polyester and polypropylene overlaminates and pressure-sensitive films based in Oak Harbor, Ohio, was acquired by Avery Dennison for $6 million.
Jasper Lumber Co. and Canada's Tolko Industries Ltd. have formed a partnership to expand lumber production at a sawmill in Jasper, Alabama, through a $45 million project. The investment will triple capacity and create at least 60 jobs, with plans for new facilities and machinery.
Hytrol announced it will invest more than $20 million to open an advanced manufacturing operation in Fort Smith, Arkansas, creating 250 new jobs within five years. The facility is an existing 300,000 sqft building leased from Spartan Logistics.
DeZURIK acquired Hillenbrand's Red Valve business on December 31, 2020 at an enterprise value of $63 million, including a $58 million cash payment and a $5 million note. Hillenbrand announced the completed sale on January 4, 2021.
Wilo USA, a subsidiary of Wilo SE, held a groundbreaking for a 244,000 sq ft headquarters and production facility in Cedarburg, Wisconsin, which will combine Wilo USA, Weil Pump, Scot Pump and Wilo Machine Co. operations. The facility is expected to open in Q1 2022.
Swedish industrial pump maker Concentric AB acquired Allied Enterprises LLC, a Muncie, Indiana transmission parts manufacturer, in a cash deal valued at $11.7 million.
HUBER Technology Inc. was awarded a contract for the complete modernisation of the La Crosse wastewater treatment plant in Wisconsin, with a total investment volume of about $60 million.
Stepan Company is building a new alkoxylation plant at its existing Pasadena, Texas facility with a $245 million investment. The plant will have a flexible capacity of 75,000 metric tons per year and is expected to come online in early 2024.
Hytrol announced in January 2021 it will invest more than $20 million to open an advanced manufacturing operation in Fort Smith, Arkansas, using robotic systems for conveyor belt production.
Muncie Aviation Company acquired Des Moines Flying Service Inc. on January 1, 2021. Terms were not disclosed.
Combined Metals, through its subsidiary Gibbs Wire & Steel Company LLC (Gibbs Interwire), purchased the assets of Interwire Products, Inc. in 2021.
Ports America Chesapeake ordered 15 hybrid rubber-tired gantry cranes from Konecranes for the Seagirt Marine Terminal at the Port of Baltimore. The contract was signed in January 2021, with delivery in three batches starting Q1 2022.
Leavitt Machinery has acquired Reliable Forklift Sales LLC, a material handling equipment dealer based in Phoenix, Arizona. The transaction was completed on January 1, 2021.
Hytrol Conveyor Co. Inc. plans to invest more than $20 million and create 250 jobs in Fort Smith, Arkansas, for a new manufacturing facility to expand operations. The company will keep its Jonesboro facilities open.
Siemens and Ingersoll Machine Tools expanded their decade-long partnership to support Ingersoll's digital journey, including creating digital twins and expanding into new markets for additive manufacturing.
Firefly Aerospace is transitioning to Automated Fiber Placement (AFP) systems from Ingersoll Machine Tools to produce its all-composite Alpha rocket airframe in as little as 14 days. The first AFP system will be installed in May 2021 at its Briggs, Texas facility, with a second system planned for its Florida factory starting 2022.
GWS Tool Group announced the acquisition of STF Precision, a manufacturer of precision cutting tools including PCD, SCD and CBN tools, located in Arden, North Carolina. This was GWS's third add-on acquisition in 2020.
Infinity Machine & Engineering completed an 8,900 square meter expansion of its Green Bay facility in 2020, increasing manufacturing capacity. The company has also quadrupled machine sales to European tissue plants since 2017.
Leadec acquired Diversified Automation, an industrial automation system solutions provider specializing in the express parcel shipping industry, on January 11, 2021. Terms were not disclosed.
Huntsman Corp. completed the sale of approximately 42.4 million ordinary shares of Venator Materials PLC to funds advised by SK Capital Partners, LP, for about $100 million in cash.
iNRCORE, LLC announced the acquisition of Gowanda Components Group (GCG), a US-based designer and manufacturer of high-performance electronic components for high-reliability applications including medical devices, aerospace and defense. GCG's brands (Gowanda Electronics, DYCO Electronics, TTE Filters, RCD Components) will operate as wholly-owned subsidiaries of iNRCORE.
AP&M Holdings, LLC acquired Turbine Controls & Excitation Group (TC&E), a global power generation controls and excitation company. TC&E will merge with AP&M's aero-derivative service team to form the AP4 Services division.
Toyota Industries Compressor Parts America is investing $5.5 million to expand its automotive compressor parts plant in Pendergrass, Jackson County, adding 15,000 sq ft, a new production line and at least 27 jobs.
MasterBrand Cabinets Inc. is opening a Southeastern U.S. manufacturing and distribution facility near Jackson, Georgia, expected to add nearly 400 jobs when it opens in 2021.
Mullen Technologies has won an order for 1,500 all-electric MX-05 vehicles from Unlimited Electrical Contractors (UEC) for the US market. The initial purchase order is worth around USD 75 million.
Matalco started production at its new $80 million aluminum plant in Wisconsin Rapids, Wisconsin, on November 19, 2020. The plant can produce 240 million pounds of aluminum annually and employs 80 permanent workers.
TreeHouse Foods has signed a definitive agreement to acquire the majority of the U.S. branded pasta portfolio of Riviana Foods, a subsidiary of Ebro, for $242.5 million in cash.
Cantrell•Gainco Group opened a new corporate headquarters and manufacturing facility in Gainesville, Georgia.
Mark Anthony Brewing plans to build a new state-of-the-art brewery and production facility in Columbia, S.C. with a $400 million investment.
Hispanic Cheese Makers-Nuestro Queso expanded its Kent, Ill. operation, investing $15 million in new processing and packaging equipment plus additional cooler space.
BrandD Foods, maker of frozen meat products, opened a new facility valued at about $15 million in Sumter, Ga.
Anheuser-Busch is spending $150 million to expand its Cartersville, Ga. operations.
Freshpet opened its new 140,000-sq.-ft., $100 million expansion begun in 2019, planning to hire 125 workers at its Hanover Township location near Bethlehem, Pa.
Campbell Soup Company expanded its Willard, Ohio Goldfish cracker facility with a new production line, oven and packaging capabilities. The approximately $40 million project began operation in July.
Associated Wholesale Grocers, Inc. is planning a highly automated logistics center in Hernando, Miss. with WITRON Logistik + Informatik GmbH; startup is planned for August 2023.
Lockheed Martin Aeronautics Co. was awarded a $903,585,384 modification to a previously awarded contract to procure long-lead materials for 133 Lot 16 F-35 aircraft for the U.S. Navy, Marine Corps, Air Force, non-DOD participants and FMS customers.
Ken's Foods is investing $103 million to expand its dressings and marinades manufacturing and distribution operations in Henry County, Georgia, creating 70 new jobs.
American Polymers Corp., doing business as Polycoat Products, acquired ChemCo Systems, a leader in high performance construction epoxies. ChemCo will operate as an independent subsidiary of Polycoat.
American Polymers Corp., doing business as Polycoat Products, has acquired ChemCo Systems, an international leader in high-performance construction epoxies. ChemCo will operate as an independent subsidiary.
Arsenal Capital Partners' platform Seal For Life Industries acquired the Canusa-CPS and Dhatec businesses from Shawcor. Canusa provides corrosion protection and adhesive solutions for infrastructure applications, with operations in the US, Canada, Netherlands, and UAE.
Teleflex announced on December 29, 2020, that it has completed its previously announced acquisition of hemostatic product maker Z-Medica for an upfront cash payment of $500 million, with up to an additional $25 million upon achieving certain commercial milestones.
Collagen Matrix, a portfolio company of Linden Capital Partners, announced on December 29, 2020, the acquisition of Sunstar's Degradable Solutions division, including the GUIDOR brand of synthetic bone graft and membrane products.
BAE Systems Information and Electronic Systems Integration Inc. -- Electronic Solutions won an $86.9 million award from the U.S. Naval Information Warfare Systems Command for systems engineering and integration of Multifunctional Information Distribution System Low Volume Terminals (MIDS-LVTs) for naval and allied jets.