NSI, a Tigard, Oregon supplier of gas and chemical equipment to semiconductor makers, is moving to a newly built 62,000 square foot plant in Sherwood, quadrupling its factory space this year.
Link Manufacturing opened its 50,000 square foot Plant 4 manufacturing and training facility on its Sioux Center, Iowa campus. The plant is now the manufacturing core for its air management and suspension control products and adds 50 local staff.
Rand-Whitney held a groundbreaking for a 384,000 square foot packaging facility in Boylston, Massachusetts, designed and built with PROCON. When fully operational it will be able to produce 300 million boxes annually.
Tark inc., a maker of pumps and cooling systems, held a ribbon cutting on April 14, 2022 for a new 50,735 square foot facility on Byers Road in Miamisburg, Ohio, moving from Washington Township. The site adds 20,000 square feet of production space and may create up to 3 new positions.
IAG M&A Advisors announced the sale of Precision Powered Products, a Houston maker of oil and gas pump products installed on over 40% of Gulf of Mexico rigs. The buyer was not named and the price was not disclosed.
Memphis-based packaging company Bryce Corp is investing $80 million to expand its Searcy, Arkansas operations, including a new manufacturing facility and distribution center. The expansion is expected to create 142 jobs.
Saica plans a second phase at its Hamilton, Ohio plant, adding two converting machines including a 4-colour Bobst flexo folder-gluer and a 2-colour Bobst rotary die-cutter. Civil works are to start in coming months, with both machines running in the second half of 2023.
United Launch Alliance awarded Aerojet Rocketdyne a contract for 116 RL10C-X engines for its Vulcan Centaur rockets, the largest RL10 contract ever. The engines will support Amazon's Kuiper satellite launches and are built at West Palm Beach, Florida.
Parker Aerospace in Irvine, California was selected by the Sikorsky-Boeing team to supply hydraulics and flight control components for its Defiant X entry in the US Army's Future Long-Range Assault Aircraft competition. Financial terms were not disclosed.
Saica Group started corrugated packaging production at its new 360,000 square-foot plant in Hamilton, Ohio, its first U.S. corrugated plant. The plant has capacity over 1,500 MSF/year and is part of a $800 million U.S. investment plan; about 500 jobs are expected.
Summit Packaging Systems broke ground on a 77,000-square-foot facility expansion in Racine, Wisconsin, a $20 million project expected to create about 145 jobs and to be completed within 12 months.
Parent company KSB Mining invested $44 million to expand GIW's slurry pump manufacturing plant in Grovetown, Georgia, which added a foundry expansion of 77,000 square feet and two new furnaces. A ribbon-cutting for the expanded plant was held on Wednesday, most likely 6 April 2022.
US packaging company TricorBraun agreed to acquire PBFY, a California-based flexible packaging distributor, from Pacific Western Sales. The transaction was expected to close later in April 2022.
Datwyler has signed a contract to acquire QSR, a US supplier of silicone seals and components for electrical connectors, from Q Holding and its private equity owner 3i. Closing is expected in Q2 2022.
Fairbanks Morse Defense, through its subsidiary Hunt Valve, was awarded a contract worth about $2 million by Newport News Shipbuilding to supply parts for the Ford-class aircraft carriers CVN 78 to CVN 81. Deliveries are due in Q2 and Q3 2022. The company announced it on 5 April 2022.
Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
Fairbanks Morse Defense, through its Hunt Valve unit, was awarded a contract of about $2 million by Newport News Shipbuilding to supply valves and actuator parts for Ford Class aircraft carriers CVN 78 to CVN 81, for delivery in Q2 and Q3 2022.
Klöckner Pentaplast committed to a multimillion-dollar expansion at its Beaver plant in Raleigh County, West Virginia, to add post-consumer recycled PET production for North America. The plant was previously named the company's Plant of the Year.
Saica Pack started up its first US box plant, a 360,000 sq ft greenfield facility in Hamilton, Ohio, in April 2022. It currently runs one shift with 32 employees and targets 140m sqm of corrugated board per year by 2029.
Georgia-based Pratt Industries leased 1 million square feet in Hillwood's High Point 67 business park in Cedar Hill, Texas, for a new plant and shipping center. The company plans to create 150 jobs and invest more than $200 million.
Germany's Fresenius Kabi signed a definitive agreement to acquire US-based medical technology firm Ivenix. The deal includes an upfront payment of $240 million plus milestone payments tied to commercial and operating targets, with closing expected mid-2022.
LPW Group, a Wynnchurch Capital portfolio company, announced the acquisition of El Mar Ventures and its subsidiaries and Advanced Industrial Technologies. The Houston-based combined business makes specialty valves, pneumatic actuators and gears under the Ladish, Smith, AIT and Diamond Gear brands.
Italian metal packaging maker Fanti USA started building renovations for its first U.S. production facility at the Half Moon Industrial Park in Weirton, West Virginia, on March 30, 2022. The $30 million project is expected to create an initial 40 full-time jobs.
Italian packaging company Gruppo Fanti held a groundbreaking for its first US production site in Weirton, Brooke County, West Virginia, investing $30 million to make metal packaging containers and creating 40 jobs.
IDEX Corporation signed a definitive agreement to acquire KZ Co. (KZValve), a Nebraska maker of electric valves and controllers for agriculture, expected to close in Q2 FY2022.
Haskell converted a vacant warehouse in Plainfield, Illinois into the Lincolnway facility for Diageo, with two high-speed can lines capable of 25 million cases of RTD products per year.
MHI Compressor International secured a contract to deliver compressor train equipment for Chevron Phillips Chemical's new propylene unit at its Cedar Bayou plant in Baytown, Texas. The equipment includes a steam turbine and heat pump compressor for a 500,000 tpy C3 splitter.
Hayward Tyler, Inc. was awarded a multi-million dollar contract to supply variable drive booster pumps for the ITER fusion project. The pumps will be designed, built and tested at its Colchester, Vermont facility.
Permobil announced a 70,000-square-foot expansion of its Lebanon, Tennessee facility with a $15 million investment, expected to create 70 new jobs over five years. The expansion was expected to be finished in summer 2022.
Triumph Group's Actuation Products & Services unit secured a multi-year follow-on contract from Sikorsky, a Lockheed Martin company, to produce equipment for the CH-53K helicopter, including rotor blade folding, lag damper and brake systems. Work will contribute to Triumph's Seattle location.
Quality Valve is relocating its corporate headquarters and distribution warehouse to a new Mobile site at 1541 East I-65 Service Road South, a million-dollar investment giving 70 percent more space.
All American Label & Packaging merged with Western Shield Label and Packaging, a pressure-sensitive label and packaging maker with plants in California, Texas, Ohio and Tennessee. Heartwood Partners supported the merger, announced March 24, 2022.
GIW Minerals, formerly Georgia Iron Works, is opening a 70,000-square-foot, $44 million expansion at its Grovetown, Georgia campus that is expected to add more than 100 jobs and triple production capacity. The grand opening is scheduled for April 6, 2022.
WestRock held a ceremonial groundbreaking for a $47 million expansion of its Claremont plant, adding 285,000 square feet to grow production of food, food service and beverage packaging, with 50 new jobs expected by end of 2023.
B2B Industrial Packaging, a GenNx360 company, announced the acquisition of MillerBevco, a packaging supplies company in Shawnee, Kansas. It is B2B Industrial Packaging's 23rd major acquisition.
Fox Innovation and Technologies acquired Revak Keene Turbomachinery and Industrial Storage Services, which runs a 120,000 sq ft compressor manufacturing facility in La Porte, Texas. The acquirer will target after-sales upgrades and servicing of compressors and turbines.
Cold Chain Technologies acquired Packaging Technology Group, a Fall River, Massachusetts maker of thermally engineered packaging for biotech, biopharma and medical customers, on 2022-03-21. Terms were not disclosed.
White Knight Fluid Handling, a Graco subsidiary, acquired Irvine, California-based International Polymer Solutions (iPolymer), a maker of high-purity plastic fluid handling valves and fittings for semiconductor and other industries.
Niagara Bottling plans a new production facility in Opelika's Northeast Industrial Park, Alabama, with an estimated $112 million investment and 50 initial jobs, as announced by Governor Kay Ivey.
The Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired New England Machinery, Inc., a privately held maker of bottling and packaging line equipment based in Bradenton, Florida. The transaction closed on 11 March 2022 and was announced on 14 March 2022.
Darnel Inc. will invest about $16 million over five years to expand its Monroe, North Carolina plant, including a 60,000-square-foot warehouse and new production equipment, and create about 20 jobs. Union County and the City of Monroe approved incentive grants of up to $352,000 and $320,000.
Venture Global LNG signed a new long-term 20-year sales and purchase agreement with Shell NA LNG for 2 mtpa of LNG from the Plaquemines LNG export facility in Louisiana.
Venture Global LNG awarded Baker Hughes a contract for the liquefaction train system of the Plaquemines LNG project in Louisiana, with deliveries expected from the first half of 2023. Separately, Venture Global signed a 20-year LNG sales deal with Shell for 2 mtpa.
Venture Global LNG awarded Baker Hughes a contract to supply a modularized liquefaction train system with 24 compression trains for the first phase of the Plaquemines LNG project in Louisiana, built in Italy.
Schupan & Sons, a Kalamazoo, Michigan recycler, announced its acquisition of Des Moines, Iowa-based Mid America Recycling, a multi-material and deposit container recycler.
Glenroy Inc. announced on March 8, 2022 the addition of a Tandem Adhesive Laminator at its Menomonee Falls, Wisconsin facility to increase capacity for high-barrier laminations, recyclable pouches and stand-up pouches. The machine will be ready for production in spring 2022.
Kruger Packaging plans to invest $114.2 million in an operation in Elizabethtown, Kentucky, producing corrugated boxes for the food and beverage sector, creating 150 jobs. The deal was supported by an LG&E and KU Opportunity Kentucky grant.
C-P Flexible Packaging, a portfolio company of First Atlantic Capital, acquired privately held Bass Flexible Packaging, which makes stand-up pouches, premade bags and shrink sleeves in Lakeville, Minnesota. Terms were not disclosed.
Edwards announced a new state-of-the-art manufacturing facility in Chandler, Arizona, to support North American semiconductor demand for vacuum and abatement solutions. The facility is expected to create about 200 jobs.