Carrier Global Corporation announced that Samsung Electronics has joined the Carrier Alliance program and signed a long-term strategic agreement to supply compressors and inverter technologies for Carrier's Residential HVAC portfolio, including Carrier-branded replacement compressors.
Captona formed a joint venture, Catamaran Renewables, with South Jersey Industries and announced the acquisition of a 7.5 MW fuel cell portfolio in New York.
AVEVA agreed to acquire OSIsoft, a provider of real-time industrial data software, for $5.0 billion. The combination aims to join AVEVA's industrial software portfolio with OSIsoft's PI System.
Bunzl agreed to acquire MCR Safety, a US distributor of largely own-brand personal protection equipment and safety products, in a deal expected to complete at the end of August 2020. Aggregate revenue of the businesses being acquired in 2019 was US$248 million.
Konecranes Nuclear Equipment & Services, with Broadwind Industries as key supplier, won a $410 million contract from the U.S. Navy to build up to seven massive cranes for nuclear submarine work at Naval shipyards. The cranes will be built in Manitowoc, Wisconsin.
MiTek plans to expand its manufacturing operations in Tolleson, Phoenix, Arizona, adding 40 new jobs and investing $5 million in facility and equipment. The expansion will add 153,000 square feet to produce Lateral Systems and Builder Products.
Granite Inliner, a subsidiary of Granite Construction, landed five sewer renewal contracts worth $148 million from the City of Chicago for CIPP lining and sewer repairs.
Tyson Foods announced plans to expand its Amherst, Ohio plant and add up to 200 new jobs, with over $20 million invested in the Cooper's Point development.
Air Power, a distributor of industrial products based in High Point, North Carolina, has acquired Zenmar Power Tool and Hoist Systems of Cockeysville, Maryland. The acquisition expands Air Power's geographic footprint in the Mid-Atlantic region.
Granite Inliner, a subsidiary of Granite, was awarded five sewer renewal contracts totaling approximately $148 million by the City of Chicago for CIPP lining of sewers.
Adient closed the sale of its 30% ownership stake in Yanfeng Global Automotive Interior Systems (YFAI) to joint venture partner Yanfeng Automotive Trim Systems for US$309 million in cash, plus up to US$60 million deferred. The term of the YFAS joint venture was extended to 2038.
Evoqua Water Technologies was selected by Magnolia Pointe Municipal Utility District to design, manufacture and install a new 0.5 MGD wastewater treatment plant near Josephine, Texas, using the OMNIPAC SBR system.
SteelFab, Inc. is investing over $5 million to expand its Florence, South Carolina operations, creating 28 new jobs. The expansion will add a third production line and increase capacity for cutting, drilling and fabrication of structural steel. Construction is expected to be completed by Q2 2021, with overall expansion by 2025.
G-CON Manufacturing is expanding its College Station, Texas facility from 189,000 sq. ft. to 245,000 sq. ft., increasing production capacity to 355 PODs per year. Construction will be complete in November 2020 and fully operational in Q1 2021.
Altium Packaging plans to invest more than $3 million in new equipment at its Argos facility in Marshall County, Indiana, creating 10 jobs and retaining 48 existing jobs. The Argos Town Council approved a personal property tax abatement for the project.
Schulz of America, a US subsidiary of Joinville-based Schulz Compressores, opened a new facility in Acworth, near Atlanta, Georgia, after investing about US$2.5 million to expand its presence in the North American market.
Green Bay Packaging will begin construction of a new 550,000 sq ft corrugator plant in Tulsa, Oklahoma, replacing its 180,000 sq ft plant there. Construction starts September 1, 2020, with start-up scheduled for October 2021.
Vericor Power Systems signed a strategic alliance with Atlas Copco Gas and Process to power integrally geared centrifugal compressors and Companders with Vericor gas-driven turbines.
Hem Mills Inc., a hemp weaving and knitting mill, is expanding its knitting operations to a second factory in Haw River, North Carolina by December 2020, due to increasing demand for specialty athletic wear and sustainable apparel.
Caterpillar Inc. agreed to supply six Cat G20CM34 gas generator sets and other equipment for a 58 MW power plant repower at NorthWestern Energy's Huron Generating Station in South Dakota. Construction began in July 2020, with commercial operation expected by end of 2021.
Greiner Bio-One and Haematologic Technologies announced a collaboration to provide end-to-end development and custom manufacturing of blood collection tubes for IVD and clinical diagnostic device developers.
Suncore, a subsidiary of Clyde Companies, finalized the asset acquisition of Depatco, Inc., a construction company in Idaho Falls, to expand its geographic footprint and product offering in Eastern Idaho.
Amplitech Group, Inc. entered into a joint venture agreement with Orban Microwave to develop 5G and airline Wi-Fi products, combining AmpliTech's low noise amplifiers with Orban's antennas.
Space Florida has finalized a multi-million-dollar investment in Aerion Supersonic to accelerate development of Aerion Park, a new state-of-the-art design and production campus in Melbourne, Florida. The project is expected to create at least 675 jobs by 2026, with groundbreaking later in 2020.
GaAs monolithic microwave IC maker WIN Semiconductors has become a supplier of satellite communication ICs used in SpaceX's Starlink, according to industry sources.
Mollenhour Gross has acquired ADPma, an aerospace OEM and PMA aftermarket parts and components company based in Tennessee.
Continental Structural Plastics will invest $45 million to expand its Salisbury, North Carolina facility, adding 50,000 square feet and a new paint/prime line. The expansion will create 61 jobs.
Serva Group announced the acquisition of ValTek Industries, a Permian-based maker of hydraulic fracturing pumps and pump parts with facilities in Odessa, Texas.
MHI Compressor International will supply syngas and ammonia refrigerant compressor trains for Gulf Coast Ammonia's ammonia plant in Texas City, Texas, which Air Products will build and operate.
Sensata Technologies acquired PRECO Electronics, a vehicle safety technology company, to extend its capabilities in collision avoidance systems for heavy-duty vehicle markets.
JIDA Industrial Solutions and its subsidiary Global Trade Logistics established operations in Greenville County, South Carolina, with a $4.5 million investment creating 78 new jobs. The facility is 150,000 square feet.
Parker Block, a masonry block manufacturer, acquired Concrete Building Systems, a precast concrete manufacturing company in Delmar, Delaware. Terms were not disclosed.
Kovalus Separation Solutions announced an investment of over $20 million in a state-of-the-art spiral assembly factory in Wilmington, Massachusetts.
Fox Chase Cancer Center partnered with plastic injection mold company The Rodon Group to develop nasal and oral collection swabs for COVID-19 testing. Rodon could produce 40-50 million swabs per year once equipment is set up.
EVRAZ North America plans to expand its Rocky Mountain Steel plant in Pueblo, Colorado, with an investment of approximately $500 million, creating 1,000 new jobs.
Wrench Group acquired Easy A/C in Tampa, Florida, and Service Champions North in California, expanding its HVAC service footprint.
L3Harris Technologies won a $34.99 million contract from the US Navy for a Medium Unmanned Surface Vehicle (MUSV) prototype, part of a $281 million program for up to nine MUSVs.
Welspun Tubular LLC has received an order for nearly 200 miles of 36-inch line pipe for the Keystone XL Pipeline, to be manufactured at its facility in Little Rock, Arkansas, providing work for over 500 employees through at least early 2021.
PaperWorks is adding a Komori GLX740 offset printing press and two Bobst MasterFold folding gluing lines at its Greensboro, North Carolina facility to increase production capacity. The equipment is expected to be in production in Q4 2020.
Dover Precision Components opened a new roughly 12,000 sq ft Innovation Lab in Houston, Texas, housing test rigs for fluid film bearings and reciprocating compressor components.
Seven Seas Water was selected by the Alice, Texas City Council as the winning bidder to finance, design, build, own, operate and maintain a brackish water reverse osmosis desalination plant. The initial contract term is 15 years, after which the city will assume ownership.
FATHOM, a CORE portfolio company, acquired GPI Prototype & Manufacturing Services, a metal additive manufacturing services provider. The acquisition was announced on August 20, 2020.
Refrigerated Solutions Group decided to continue production of the Master-Bilt Endless Glass Door Merchandiser Series at its New Albany, Mississippi facility, reversing a previous plan to discontinue operations there.
Vineyard Wind awarded Linxon a contract to build a turnkey 220/115-kV substation for the Vineyard Wind 1 offshore wind project, the first utility-scale offshore wind project in the US. The substation will connect clean energy to the ISO New England grid.
Buyers Products, maker of SnowDogg snow plows, is adding a 300,000-square-foot addition to its headquarters at 9049 Tyler Blvd in Mentor, Ohio, with completion expected by next year.
Shelby Materials relocated its ready-mix concrete plant to a new 10-acre site at 18050 Mule Barn Road in Westfield, Indiana, upgrading to a state-of-the-art facility with dual batch operation and increased production capacity.
Kellogg Co. will invest $43 million to expand its manufacturing plant in Zanesville, Ohio, that processes Morningstar Farms products. The investment includes $25 million in upgraded equipment and $18 million in capacity expansion, scheduled for completion by end of 2021, adding 40 employees.
Polytronics (聚鼎) announced it will acquire Henkel's TCLAD (metal substrate and circuit board) business for $26 million through its subsidiary Juye (聚燁). The acquisition is expected to close in Q4 2020 or Q1 2021.
Canoo Holdings Ltd. and Hennessy Capital Acquisition Corp. IV announced a definitive merger agreement. The transaction will provide approximately $600 million in gross proceeds and Canoo will list on Nasdaq under ticker CNOO.
TemperPack Technologies completed a $31.3 million capital raise to invest in production facilities in Henrico County, Virginia, and Las Vegas, Nevada, increasing ClimaCell thermal liner production by 60%.