Cree Wolfspeed celebrated the topping off of its new silicon carbide wafer fabrication facility at the Marcy Nanocenter in New York. The facility is on schedule for production to begin in 2022.
Firefly Aerospace announced a commitment to purchase Automated Fiber Placement (AFP) Mongoose Hybrid systems from Ingersoll Machine Tools to automate composite rocket production. The first system will be installed in May 2021 at Firefly's Briggs, Texas facility, and a second at its Florida factory starting in 2022.
Alliant Healthcare Products was awarded a Patient Monitoring & Capital Equipment (PMCE) contract by the Defense Logistics Agency valued at $450 million over 10 years. The contract covers over 8,000 medical devices from OEM partners for the Department of Defense and other federal agencies.
Eaton's final site plan for a 230,000-square-foot expansion at its Waukesha, Wisconsin facility was approved. The $24 million project will consolidate operations from two closing area plants and increase employment to over 700.
Lucite International is designing and developing a multibillion-dollar chemical plant, Alpha 3, on the US Gulf Coast to produce MMA (methyl methacrylate), the main building block of acrylic. The plant is expected to be fully operational in 2025.
Sartorius is expanding its presence in Massachusetts with a 40,000-square-foot Customer Interaction Center in Marlborough, creating 100 jobs. First units open in early 2021.
Nova Steel USA Inc. plans to locate a tube manufacturing facility in Bowling Green, Kentucky, with a $70 million investment creating 110 jobs. Initial phase opens summer 2021.
AOC Materials, a Piperton-based company, acquired a business from Ashland Global Holdings Inc. for $100 million to expand its market access.
Aspen Aerogels was awarded a contract by a major U.S. automotive OEM to supply PyroThin thermal barriers for its EV battery platform, with production expected to begin in 2021.
Marvell Technology Group Ltd. and Inphi Corporation announced the execution of an Agreement and Plan of Merger and Reorganization on October 29, 2020.
Firefly Aerospace announced a commitment to increase manufacturing capacity by acquiring Automated Fiber Placement (AFP) Mongoose Hybrid systems from Ingersoll Machine Tools. The first system will be installed in May 2021 at its Briggs, Texas facility, and a second at its Florida factory beginning 2022.
Cummins-Wagner finalized its acquisition of F.R. Mahony & Associates, a Rockland, Massachusetts water and wastewater manufacturer's representative and distributor, effective October 29, 2020. All FRMA employees transferred to Cummins-Wagner's employee stock ownership plan.
Voith has been contracted by Domtar to deliver equipment and technical services for converting the paper machine at its Kingsport mill in Tennessee to recycled containerboard. The mill is expected to be complete in 2022 and will produce 600,000 tonnes of linerboard and corrugated medium per year.
Forterra, Inc. announced the completion of its acquisition by Quikrete Holdings, Inc. for $24.00 per share in an all-cash deal. Forterra became a wholly owned subsidiary of Quikrete and its stock was delisted from Nasdaq.
Teleflex Incorporated entered a definitive agreement to acquire privately-held Z-Medica, LLC, a manufacturer of hemostatic products, for an upfront cash payment of $500 million and up to $25 million in milestone payments. The acquisition is expected to close in Q4 2020.
Optomec delivered a new industrialized 3D Printed Electronics system to a major US healthcare manufacturer for volume production of a diagnostic medical device, fulfilling a $1 million contract.
Spectrum Paint Co. and members of the Richard family announced plans to acquire the assets of Richard's Paint Mfg. Co. in Rockledge, Florida. The acquisition is expected to be finalized November 30th.
Nova Molecular Technologies announced plans to expand operations in Sumter County, South Carolina, with a $14.9 million investment creating 25 new jobs. The expansion is expected to be completed by 2024.
Nucor Corporation has entered into an asset purchase agreement to acquire Precoat Metals Corporation's paint line facility in Armorel, Arkansas, with a capacity of approximately 250,000 tons per year.
Dana Incorporated announced it has acquired a non-controlling stake in Pi Innovo LLC, a leader in embedded software solutions and electronic control units for light vehicle, commercial vehicle and off-highway markets, to enhance its e-propulsion systems capabilities.
Caterpillar will be the exclusive heavy equipment partner for the proposed Rhyolite Ridge lithium-boron mine, supplying haul trucks, hydraulic shovels, wheel loaders and other machinery. The equipment and services over the first five years are valued at roughly US$100 million.
Caterpillar has been named exclusive heavy equipment partner for ioneer's Rhyolite Ridge lithium-boron project in Nevada. The equipment and services supplied during the first five years of operation are valued at approximately US$100 million.
Ardagh Group, Glass - North America, has selected TricorBraun WinePak, a division of TricorBraun, in a strategic alliance announced October 28, 2020. The article is a short excerpt with few details.
McKinley Paper will receive a $5 million state Local Economic Development Act grant to build a new boiler, water systems and wastewater treatment in McKinley County, New Mexico, retaining at least 125 jobs after its power supply closed.
U.S. Corrugated of Delaware chose Dover, Delaware as its preferred location for a new $80 million, 457,000 sq ft box-manufacturing plant creating 159 jobs, with state grants of over $3 million under consideration.
Percival Scientific announced a $2 million expansion of its factory in Perry, Iowa, adding about 60% more production space (approximately 30,000 square feet) to its current 50,000-square-foot facility. The expansion will increase production of incubators and plant growth chambers.
AMD announced a definitive agreement to acquire Xilinx in an all-stock transaction valued at $35 billion. The acquisition aims to strengthen AMD's position in AI and the data center market.
Prince Metals Stamping, a Canadian-based automotive supplier, will invest $45,765,000 to expand its facility in Gadsden, Alabama. The expansion was supported by tax abatements from the Gadsden city council and is expected to create new jobs.
Argonics consolidated its manufacturing operations from Louisville, Colorado into its Gwinn, Michigan facility, adding production and dispensing space and a climate-controlled warehouse. The expansion increases production capacity for polyurethane products for the bulk material handling industry.
Würth Industry North America acquired the Louisiana assets of Techni-Tool Inc. (formerly MDM Tool and Supply), a supplier of cutting products and services for the metalworking and machining industries. The deal expands Würth's footprint in the Gulf region and its metalworking capabilities.
Vehicle Service Group (VSG) announced a $7 million expansion to its Madison, Indiana operation, including a new paint line, improved manufacturing flow, and increased manufacturing capacity. Groundbreaking is expected in the coming weeks, with completion in late 2021.
Health Supply US began deliveries of American-made isolation gowns to the U.S. Defense Logistics Agency under a year-long contract to produce up to 35 million gowns for the Strategic National Stockpile, creating or supporting over 1,000 jobs.
Bravida Medical was awarded a contract by the U.S. Department of Health and Human Services for Silverlon burn dressings, valued at $18 million over five years, for potential use in mass casualty incidents.
Univar Solutions and PVS Chloralkali announced an agreement where PVS will transfer railcars and sourcing agreements for hydrochloric acid to Univar Solutions, expanding Univar's HCL network in North America.
ILJIN was selected as the sole wheel bearing/hub assemblies supplier for Advance Auto Parts' premium CQ Professional brand. The parts hit shelves in May 2020.
G&F Precision Molding, a Sturbridge custom injection molder, acquired Form Tech Tool & Mold of Biddeford, Maine. Form Tech provides precision injection molds and engineering support to the medical device industry and will be renamed Form Tech Mold and Engineering.
Peerless Products, Inc. bought a 150,000 sq ft facility in Iola, Kansas, to expand production of architectural aluminum windows and doors. The $10.35 million investment is expected to create 100-120 jobs over five years.
Simmons Machine Tool Corporation established the Niles Technical Application Center at its Albany, New York facility to offer Niles-Simmons machines to North American customers. A Niles-Simmons N30 MC multi-axis turning center will be installed in Q1 2021.
Gantrade Corporation and Tiarco-RST have announced a partnership to provide products and technical solutions for emulsion polymer producers and manufacturers of paints, coatings and related products. The partnership combines Gantrade's supply chain with Tiarco-RST's chemistry portfolio.
Katena Products, a provider of ophthalmic instruments, has purchased Micro-Select Instruments Inc., a manufacturer of precision ophthalmic instruments based in St. Clair, Missouri. The acquisition will be combined with Katena's earlier acquisition of Micro Medical Instruments.
HOBAS Pipe Inc. is nearing completion of a major expansion at its Houston, Texas facility, adding a 32,000-square-foot building for production of FRP Non-Circular Pipe, creating over 25 jobs.
Advanced Micro Devices (AMD) and Xilinx entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at approximately $35 billion, announced on October 26, 2020.
Flexible packaging converter Glenroy, Inc. appointed Tom Danneker as President and CEO and William Dopp as CFO; the company plans a major campus expansion to boost film and pouch production, due for completion in 2021.
Ardagh Group is adding two new high-speed beverage can manufacturing lines at its Olive Branch, Mississippi facility, starting production by end of 2020 and adding more than 80 jobs.
Toyota Industries Compressor Parts America will expand its Pendergrass, Georgia production facility to add a DC-AC inverter production line and 15,000 sq ft, investing $5.5 million and creating at least 27 jobs over 18 months.
Denali Water Solutions acquired the stock of Veris Environmental, a residuals management services company, and AWS Dredge, a service provider to hard rock mines, both in the western United States.
The Naval Air Systems Command issued a contract modification to Sikorsky Aircraft Corporation, a Lockheed Martin company, for the procurement of Lot IV Low Rate Initial Production of six CH-53K Heavy Lift aircraft, including support and rate tooling, valued at $573,689,540.47.
Nestlé Purina PetCare announced a $550 million investment to build a new pet food factory in Williamsburg Township, Ohio. The 1.2 million sq.-ft. facility will produce dry dog and cat food brands and employ more than 300 people by 2024.
Penske Logistics was awarded a new contract with BMW Manufacturing Co. for Lead Logistics Provider services at the BMW plant in Spartanburg County, South Carolina.
Lion Equity Partners acquired T-Y Group and Harbor Linen from Bed Bath & Beyond Inc. The acquired companies will be merged with Lion Equity's existing portfolio company Riegel Linen to form a combined textiles provider.