Tenova, through its Pomini Tenova brand, has commissioned a roll grinding machine and roll shop equipment for JW Aluminum's new hot rolling mill at its expansion plant in Goose Creek, South Carolina.
General Motors is investing $70 million in its Tonawanda Engine Plant in New York and $6 million in Parma Metal Center in Ohio to boost engine production and metal assembly for full-size Chevrolet Silverado and GMC Sierra pickups.
indie Semiconductor entered a definitive merger agreement with SPAC Thunder Bridge Acquisition II, Ltd. The transaction implies an equity value of about $1.4 billion and is expected to close in Q1 2021.
Norfolk Iron & Metal Co. has agreed to acquire The Coeur d'Alenes Company (Cd'A Metals), a metal service center in the Inland Northwest. The transaction is expected to close by December 31, 2020.
Span Tech LLC plans to invest $13.2 million to build a 100,000-square-foot facility in Glasgow, Kentucky, creating 40 jobs. Construction is expected to start in spring 2021 with completion by early 2022.
Oceaneering International has been awarded a contract by TechnipFMC to supply 2-inch M5 connectors and chemical throttle valves for the Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico. The award was reported on 15 December 2020.
Novolex has acquired the business of B&H Bag Company, a paper bag manufacturer with one plant in Brookshire, Texas, to add production capacity to its Duro Bag operations. The announcement was made on 15 December 2020.
Mazak Corporation launched its MAZATROL SmoothEz CNC machine line for the job shop market, as part of an overall company effort to ramp up investment and production into 2021.
Mazak Corporation announced a $15 million investment in its Florence, Kentucky headquarters, including a $3.8 million spindle rebuild facility supporting over 2,000 spindle models. The investment is part of a strategy to ramp up production into 2021.
Ambu Inc. announced it has been granted a national single-use endoscopy contract with a major U.S. Group Purchasing Organization (GPO). The contract gives Ambu a sole position in single-use bronchoscopes and single-use rhinolaryngoscopes, effective through November 2023, serving 160 acute care hospitals and over 2,600 total sites across 20+ states.
Wells, the largest precaster in the U.S., has acquired Waukesha, Wisconsin-based precaster and machinery manufacturer Spancrete. The acquisition expands Wells' footprint from Canada to New Mexico and Colorado to Indiana, with Spancrete's plants in Valders, Wisconsin; Crystal Lake, Illinois; and Sebring, Florida, and its machinery division in Waukesha remaining in operation.
American Gypsum Company LLC will modernize and expand its wallboard plant in Duke, Oklahoma, with Grenzebach delivering a complete plant by Q3 2027, increasing production capacity by over 25% and reducing operating costs by nearly 20%.
Mitsubishi Chemical announced it will close its 135,000 t/y MMA plant in Beaumont, Texas, with production stopping on February 28, 2021, to boost competitiveness and optimize supply chain.
Hardinge Inc. announced plans to shift manufacturing of its milling and turning machining center solutions from its Taiwan plant to its Elmira, New York facility, investing in new assembly capabilities and heat-treat equipment. The transition will be completed in Q1 2021.
Mitsubishi Chemical Corp. is studying the feasibility of building a more than $1 billion methyl methacrylate manufacturing complex in Geismar, Louisiana, with a capacity of 350,000 tons per year. A final investment decision is expected by mid-2022, with initial operations as soon as 2025.
Hyster-Yale Group and Capacity Trucks signed a memorandum of understanding to co-develop electric and hydrogen-powered terminal tractors with automation-ready capabilities. Initial prototypes are targeted for 2021.
Komatsu plans to expand in Peoria, with construction on new facilities beginning in April.
Wolter Group LLC has added BOSS Railcar Movers to its railcar mover division, becoming a servicing partner for the equipment manufacturer in Wisconsin and Illinois. The announcement was made on December 14, 2020.
Masaba Mining Equipment is building a 50,000-square-foot addition to its facility in Vermillion. The expansion was announced on December 14, 2020.
NAGASE Specialty Materials NA LLC and Sirrus, Inc. entered a partnership to market and sell Sirrus' CHEMILIAN and FORZA lines of methylene malonate monomers and oligomers, initially focusing on developing applications and markets.
JinTech America, a supplier of interior automobile parts, opened its first U.S. advanced manufacturing facility in West Point, Georgia, investing nearly $4.5 million and creating 70 jobs.
Olympic Steel Inc. acquired the assets of Action Stainless & Alloys, Inc., a distributor of stainless steel and aluminum products based near Dallas, Texas. Terms were not disclosed.
Green Bay Packaging awarded Voith a contract for a complete 300-inch testliner production line for a new PM 4 at its Green Bay, Wisconsin site, targeting start-up in early 2021. The package includes paper machine, effluent treatment, stock preparation and a seven-year roll management contract.
Minnesota Diversified Industries, a nonprofit plastics manufacturer, is adding a polypropylene extruder to its Grand Rapids facility with a nearly $3 million investment. The expansion will add 75 jobs over the next decade.
Rhythmlink International, LLC acquired Chalgren Enterprises, a California-based medical device manufacturer of neurodiagnostic electrodes, on December 11, 2020. The acquisition expands Rhythmlink's product lines for brain and nervous system monitoring.
SteelFab will invest $23.6 million to expand its structural steel facility in Roanoke, Alabama, adding 40,000 sq. ft. to the Heavy Fab building and creating 32 jobs, with completion by June 2021.
Dalrada Financial Corp. executed a term sheet for Tongrun International to exclusively manufacture Likido products in Bonham, Texas, for the North American market under a two-year agreement.
Rite-Hite Holding Corp. unveiled plans for a new headquarters facility in Milwaukee's Reed Street Yards business park, including a 158,300 sq ft office building and a 103,000 sq ft R&D building, housing over 300 employees.
Rolls-Royce announced a $13.9 million investment in its Power Systems business unit for a new R&D building and expansion of its MTU power generation manufacturing facility in Mankato, Minnesota, adding 28,000 sq ft and 20 jobs.
Firefly Aerospace announced a commitment to increase manufacturing capacity by transitioning to Automated Fiber Placement systems from Ingersoll Machine Tools, enabling production of Alpha rocket airframes in 14 days.
The CABB Group completed the sale of a 100% equity stake in its US-based production site Jayhawk Fine Chemicals Corporation to Anupam Rasayan India Ltd for $150 million.
Aerion Supersonic has started development of Aerion Park, a $300 million global headquarters and production facility for the AS2 supersonic business jet at Orlando Melbourne International Airport. The project is expected to create 675 jobs by 2026.
QIAGEN North American Holdings is expanding its US headquarters and R&D manufacturing facility in Germantown, Maryland, renovating its 146,000-square foot facility to expand production of COVID-19 and other disease testing products. The company has already added around 80 contracted staff and invested over $7 million.
Windsor Mold USA Inc., parent company of Canada-based Tenneplas, will invest $3.5 million in a 37,500-square-foot expansion of its operations complex in Giles County, Tennessee, creating 40 jobs over five years. The company also purchased over $2.4 million in manufacturing equipment.
EuWe Eugen Wexler US Plastics, Inc., a subsidiary of the Germany-based EuWe Group, announced an $8.6 million expansion of its production facility in Williamston, Anderson County, South Carolina, creating 16 new jobs. The expansion includes acquisition of 13 acres and is expected to be completed by mid-2021.
Hyundai Motor Group agreed to acquire an approximately 80% stake in Boston Dynamics from SoftBank Group, valuing the mobile robot firm at $1.1 billion. SoftBank will retain about 20%.
Electrotek's parent company World Power Technologies (WPT) acquired Dranetz Technologies and Daytronic Corporation, and BMI and Dranetz merged to form Dranetz-BMI.
The Tennessee Valley Authority has selected Emerson to modernize and optimize its Magnolia power plant, according to a 11 December 2020 announcement.
Horn USA relocated all production capabilities to a new facility 0.5 miles from its original office in September 2020, with an investment of approximately $29 million. The new building has a total area of 11,000 square meters and can accommodate up to 300 people.
Howmet Aerospace expanded its manufacturing capacity in Whitehall, Michigan, with a 160,000 square foot facility housing 15 casting furnaces, improving capacity by 22 percent. The expansion project began in April 2018 and was completed by 2020.
ABB announced plans to expand its manufacturing facility in Hackettstown, New Jersey, doubling the solid dielectric switchgear footprint to 24,000 sq ft and adding 60 jobs. Completion is expected in late 2021.
Globus Medical signed a group purchasing agreement with Premier covering its trauma platform, including Anthem plating, Autobahn nailing, Arbor external fixation and Captivate screw platforms.
Windsor Mold USA Inc., parent company of Tenneplas, will invest $3.5 million in a 37,500-square-foot expansion at its Giles County, Tennessee facility, adding 40 jobs over five years. The expansion adds warehousing and manufacturing capacity.
Wabash Plastics has signed a strategic long-term agreement with Carrier to supply injection molded components and assemblies for Carrier's Residential HVAC portfolio, joining the Carrier Alliance program.
L&T Technology Services has been selected as an engineering partner by a global oil and gas major for a five-year, $100 million contract. LTTS will provide multi-discipline plant engineering, site sustenance, and control automation support for two integrated refining and chemicals facilities in the United States.
Electrocomponents plc reached an agreement to acquire Synovos, a provider of integrated supply solutions in the Americas, for $145 million on a debt-free, cash-free basis. The acquisition is expected to complete in Q1 2021.
Main Post Partners-backed Fortis Solutions, which employs over 850 people across 14 sites, has acquired Kala Packaging, and intends to keep pursuing acquisitions.
LTTS was selected by a global oil and gas major as primary engineering partner for two integrated refining and chemicals facilities in the USA, a five-year engagement with potential value above USD 100 million.
AAR was awarded a $148,357,084 firm-fixed-price, indefinite-delivery/indefinite-quantity follow-on contract by Naval Air Systems Command to provide contractor logistics support for the C-40A aircraft, including maintenance at its Oklahoma City MRO facility and line maintenance at US Naval Air Stations.
Allied Air Enterprises, a subsidiary of Lennox International, announced plans to build a new 405,000-square-foot warehouse in Orangeburg, South Carolina, investing $35.7 million and creating 20 jobs. The facility is expected to be completed by October 2021.