Stryker announced an extension of its cash tender offer for all outstanding ordinary shares of Wright Medical Group N.V. The offer now expires on November 10, 2020, with 12.4% of shares tendered as of October 23.
Elbit Systems of America received a $442 million other transaction authority contract from the U.S. Army to produce Enhanced Night Vision Goggle – Binoculars. Work will take place in Roanoke, Virginia, with production by December 2021.
Oldcastle APG announced a $25 million greenfield concrete masonry plant in Ridgeway, South Carolina, dedicated to Belgard hardscape units, with a projected payroll of 100 employees.
Spirit AeroSystems amended its agreement to acquire Bombardier's Shorts Brothers plc and Bombardier Aerospace North Africa SAS, reducing the purchase price from $500 million to $275 million. The deal is expected to close on October 30, 2020.
Siemens and Ingersoll Machine Tools have expanded their decade-long partnership to support Ingersoll's digital journey, including creating digital twins and expanding into additive manufacturing for the aerospace market.
Private equity group KCE of Bilbao, Spain completed the acquisition of CTL Packaging USA Inc., the U.S. manufacturing subsidiary of Corporacion Juan Celaya located in North Carolina, via a stock deal.
Tremco Inc. is proposing a $25 million, 113,100-square-foot expansion of its Mameco plant in Cleveland, Ohio, straddling the city boundary with Warrensville Heights. The expansion will increase production of AlphaGuard rooftop sealant.
Graebener Maschinentechnik will supply a calibration and straightening press to Borusan Berg Pipe for its LSAW pipe production plant in Panama City, Florida, in addition to previously ordered pre-bending press, bending press, and tack welding machine.
Plymouth Industries, Inc. started construction on a 13,000 square foot addition to its Sheboygan County, Wisconsin facility on October 23, 2020. The expansion is driven by growth in shipping rack, material handling equipment, and industrial automation markets, and is projected to complete in January 2021.
SMS group is supplying a single-strand continuous slab caster, reheating system, and heat treatment facilities for Nucor's new heavy-plate production plant in Brandenburg, Kentucky. Nucor held the ground-breaking ceremony on October 23, 2020.
Cummins Inc. will invest more than $25 million at its Seymour Engine Plant in Seymour, Indiana, to upgrade infrastructure and launch a new engine platform in 2024. The investment is expected to create and retain over 150 jobs over 5-10 years.
Hörmann LLC celebrated the grand opening of a 325,000-square-foot manufacturing facility in White County, Tennessee. The company invested approximately $64 million in the project, which was announced in 2018.
Empirical Foods held a groundbreaking ceremony for a new ground beef processing facility in Garden City, Kansas. The facility represents an investment of up to $250 million, is expected to be operational in 2023, and will bring about 300 new jobs.
Nucor Corp. broke ground on a $1.7 billion steel plate manufacturing mill in Brandenburg, Kentucky. The 1.5 million-square-foot facility will have 1.2 million tons of annual capacity and create 400 full-time jobs. The mill is expected to open in 2022.
East/West Manufacturing Enterprises will build a 43,000 square foot facility in Round Rock, Texas, to expand its Electronics Manufacturing Services (EMS) capabilities, retaining 30 jobs and adding at least 30 new jobs over five years.
Revolution Sustainable Solutions announced the acquisition of Polar Plastics, a Minnesota-based manufacturer of commercial film and sheeting products.
North Star BlueScope awarded Russula a contract to supply water treatment systems for a melt shop expansion project in Delta, Ohio, that adds 950,000 short tons of sheet capacity, with commissioning anticipated for 2021.
Lely North America, a subsidiary of the Netherlands-based Lely Group, broke ground on a new headquarters in Pella, Iowa. The project investment is estimated at $20-22 million, with the facility expected to open in Q1 2022.
Butech Bliss invested $1.25 million to purchase a 50,000 sq ft manufacturing facility in Salem, Ohio, adjacent to its existing operations. The expansion will add 10-20 new jobs over the next few years, with operations expected to start moving in by end of 2020.
Outdoor Network is consolidating and expanding its call center and distribution headquarters in Albany, Georgia, and adding a manufacturing operation for OXE diesel outboard engines, with a $22 million capital investment creating 92 new jobs.
ExOne announced it was awarded a contract by the National Center for Defense Manufacturing and Machining (NCDMM) on behalf of the US Air Force Research Laboratory to develop binder jet manufacturing processes for AF-9628 high-strength steel alloy.
Elbit Systems of America was awarded a US Army contract for Enhanced Night Vision Goggle binocular systems (ENVG-B) with a potential value of $442 million. An initial order worth $22.5 million for low-rate initial production was placed, with delivery through December 2021.
Celanese announced the addition of a new GUR ultra-high molecular weight polyethylene production line at its Bishop, Texas manufacturing facility. The expansion will add approximately 15kt per year of capacity by the start of 2022.
Ball Corporation and Kroenke Sports & Entertainment launched a global partnership covering aluminum beverage packaging and recycling at venues in Denver, Los Angeles and London, including naming rights for the Denver arena.
Ball Corporation and Kroenke Sports & Entertainment established a partnership across venues in Denver, Los Angeles and London to provide aluminum beverage packaging and boost recycling. The Denver arena will be named Ball Arena.
Pratt & Whitney, a division of Raytheon Technologies, plans to invest approximately $650 million through 2027 in a new manufacturing facility in Buncombe County, North Carolina. The operation is intended to create 800 new positions.
Diversified Ingredients announced it will acquire Foremost Farms USA's Preston, Minn., manufacturing facility. The new entity will be called Preston Protein Products and will be a joint venture between Diversified Ingredients and Johnson Farms.
Mueller Systems was selected by the City of Newport Beach, CA to deploy 26,500 advanced metering infrastructure (AMI) water meters using the Mi.Net system. The project includes replacing or retrofitting all current water meters.
Flynn Group of Companies and Noorda BEC Inc. signed a Letter of Intent to combine their operations. Noorda has over 400 employees and offices in Salt Lake City, St. George, and Boise.
Novolex is investing in a new water treatment system at its North Vernon, Indiana recycling plant to increase recycling capacity for store drop-off plastics by more than 227,000 kg per year.
The Fallon Company and Shawmut Corporation announced a new domestic manufacturing operation in West Bridgewater, MA, to produce N95 respirators. The facility will have capacity for up to 180 million masks per year and create 300 jobs, supported by a $2.7 million state grant.
AVANGRID will acquire all outstanding shares of PNM Resources for $50.30 per share in cash, representing an equity value of approximately $4.3 billion. The merger creates a leading U.S. regulated utility and renewable energy platform.
CPI Aerostructures received multiple purchase orders totaling $1.4 million from Turkish Aerospace Industries for window assemblies on the T70 helicopter program.
TOPY America Inc. completed a $38 million renovation at its steel wheel manufacturing plant in Frankfort, Kentucky, including a new automated assembly line and painting line.
Chicago-based private-equity firm Capital Concepts Holdings, LLC acquired QCC, a precision machining, assembly and testing services provider. The announcement is dated 29 April 2021.
QCC LLC acquired the Woodward EFC (Electronic Fuel Control) product line, supporting continuity of supply for industrial, mobile off-highway and energy customers. The announcement is dated 16 December 2024.
The Silvi Group Companies, through its Sahara Sand division, acquired 572 permitted mining acres in Cumberland County, New Jersey, adding significant permitted reserves adjacent to its existing deposit. The company is also installing a 2,000,000 ton per year construction grade sand plant at the site.
Koniag acquired Big G Electric & Engineering, an electrical services provider based in Soldotna, Alaska, to strengthen its electrical and oil field services capabilities.
Caljan invested in new production facilities in Wisconsin, US, and Latvia, boosting total annual capacity to more than 3,000 telescopic conveyors to meet e-commerce demand.
Mercedes-Benz U.S. International is building a $53.6 million, 530,000-square-foot parts facility in Tuscaloosa County, Alabama, to support electric vehicle production. The facility will create 373 jobs and is expected to be operational in late 2021 or early 2022.
TechPrecision Corporation has agreed to purchase STADCO, a custom precision parts manufacturer, for 1 million shares of TechPrecision common stock. The acquisition is expected to close on December 1, 2020.
Colson Medical, LLC announced the merger of its two companies, Acumed and OsteoMed. The combined business will focus on orthopedic surgical markets, with operations integrated over the coming year.
Komatsu Mining Corp. broke ground on a new state-of-the-art headquarters and manufacturing campus in Milwaukee's Harbor District, investing approximately $285 million. The facility will include a heat treating department.
SK hynix has signed an agreement to acquire Intel's NAND memory and storage business for US $9 billion, including the NAND SSD business, NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China. The deal is expected to close in late 2021 with a final closing in March 2025.
General Motors announced a nearly $2 billion investment in its Spring Hill, Tennessee manufacturing plant to build fully electric vehicles, including the Cadillac LYRIQ. The plant will be GM's third EV manufacturing site and its largest facility in North America.
International Automotive Components Group plans to invest over $55.9 million to expand two Alabama facilities: $34.3 million in Tuscaloosa County (119 jobs) and $21.6 million in Calhoun County (63 jobs). The expansions will produce door panels, overhead systems, and other automotive interior components.
An affiliate of Orchard Creek Capital acquired Advantage Plastics of New York and Sherri Plastics, a thermoforming company specializing in vacuum forming, CNC trimming, laser cutting, and laser engraving.
Alfa Laval has won an order worth nearly $15 million to supply a pretreatment processing line, including high-speed separators and heat exchangers, to HollyFrontier for renewable diesel production in the U.S. Delivery is scheduled for 2021.
The Jordan Company has signed a definitive agreement to acquire Potters Industries, the Performance Materials segment of PQ Group Holdings, for an undisclosed amount. The transaction is expected to close by year end 2020.
Sandvik has signed an agreement to acquire US-based CGTech, a market leader in NC/CNC simulation software, for an undisclosed amount. The transaction is expected to close in Q4 2020.