BAE Systems was selected by New York City Transit Authority to supply 435 electric hybrid power and propulsion systems for new transit buses, produced at its Endicott, New York plants. Reported June 24, 2020.
BAE Systems was selected by the New York City Transit Authority to supply 435 electric hybrid power and propulsion systems for its new fleet of transit buses. The Series-E systems will be produced at its Endicott, New York facilities.
Denver-based private equity firm Lion Equity Partners acquired Global Compression Services from Warren Equipment Company, a Midland, Texas provider of heavy equipment. The deal was announced December 31, 2024.
Global Compression Services opened a new 14,000-square-foot facility in Bloomfield, New Mexico, to serve customers across the San Juan Basin and replace its Farmington site. The announcement is dated June 5, 2025.
PSP.US, Inc., owned by PSP PTE. LTD. of Singapore, acquired the assets of PolyCera, Inc., a membrane company. The acquisition was finalized on June 23, 2020.
Alabama Shipyard was awarded a $23.75 million firm-fixed-price contract by the U.S. Navy's Military Sealift Command for the regular overhaul and drydocking of USNS Supply. Work will be performed in Mobile, Alabama, and is expected to be complete by November 2020.
A platform established by KKR and XPV Water Partners acquired Environmental Dynamics International (EDI), a manufacturer of diffused aeration systems. EDI will integrate into Nexom.
Teel Plastics Inc. is expanding its injection molding production by purchasing two new presses to meet demand for swab sticks for COVID-19 testing, medical packaging, and water filtration components.
Magna International plans to invest $35.4 million over three years to expand its seat manufacturing facility in Highland Park, Michigan, creating 480 jobs. The expansion supports new full-seat assembly contracts.
Hitchiner Manufacturing Co. is designing and constructing a new 85,000 square foot facility at its main Milford campus to scale up its counter-gravity investment casting process.
CPI Aerostructures secured a $1.2 million follow-on order from Lockheed Martin to supply rudder island and drag chute canisters for the F-16 Block 70/72 configuration, bringing the total contract value to $8.7 million.
Thrace Group completed the sale of its Thrace Linq Inc. industrial property in Summerville, South Carolina, to an affiliate of GFI Investors for $14.5 million, following the permanent cessation of operations at the subsidiary.
SECO/WARWICK Group has sold two Vector vacuum furnaces to an international aerospace manufacturer for its factories in the USA and Singapore. One furnace will be used for heat treatment of exotic electrical steels, the other for annealing 3D-printed parts.
Alfa Laval won an order worth approximately SEK 160 million to supply Niagara air cooler systems to a US gas processing plant, with delivery scheduled for 2021.
Pratt & Whitney will invest $12.5 million in its North Berwick, Maine facility to add maintenance, repair and overhaul work on high pressure turbine and compressor modules for the PW1100G-JM engine.
Techniplas, LLC executed a sale of its core assets to existing investors Bayside Capital, Amzak Capital Management, and The Jordan Company, who contributed over $50 million in fresh capital. The sale closed June 19, 2020.
LeMaitre Vascular, Inc. acquired the business and assets of Artegraft, Inc., which processes and sells biologic vascular grafts. The deal includes $90 million upfront plus potential earnout payments of $17.5 million.
Saint-Gobain Adfors America, Inc. acquired the assets of P-D Valmiera Glass USA Corp., a Georgia-based producer of glass fiber materials, through a bankruptcy court-approved sale. The company had invested over $100 million in two facilities.
Chroma Color Corp. acquired Epolin Chemicals LLC, a supplier of near-infrared absorbing dyes and thermoplastic compounds, for an undisclosed amount. Epolin will operate as an independent subsidiary of Chroma Color.
A consortium of equity investors including APG, MEAG, and Clal Insurance Company acquired 100% of Astoria Project Partners LLC and approximately 55% of Astoria Project Partners II LLC, which own two 615 MW combined cycle generating facilities in Astoria, Queens, New York. The selling owners included ENGIE, Mitsui & Co, and others.
WESCO International completed its $4.5 billion acquisition of Anixter International, creating a combined distributor of electrical, industrial, data networking and security products with $17 billion in 2019 sales.
TechnipFMC's new factory for deep-water submersible robots at the Port of Sacramento has stalled again due to the pandemic, delaying the start into fall 2020.
National Composites acquired Sunrise Fiberglass LLC from North Central Equity. The change in ownership took effect on June 22, 2020.
Adesto Technologies announced that CFIUS completed its review of the pending acquisition by Dialog Semiconductor with no national security concerns. The transaction is expected to close on June 29, 2020.
Wolfspeed is building a new semiconductor manufacturing plant in the Carolina Core, investing more than $5 billion and creating 1,800 jobs. The plant will produce silicon carbide materials for EVs and clean energy.
Siemens Mobility is building a $220 million advanced manufacturing and rail services center in Davidson County, North Carolina, creating 506 jobs. The facility will be carbon neutral.
Toyota Motor Corp. is building a $3.79 billion electric vehicle battery plant at the Greensboro-Randolph Megasite in North Carolina. Production is slated to begin in 2025, with capacity for 200,000 vehicles.
Lantheus Holdings completed its merger with Progenics Pharmaceuticals, an oncology company. Progenics stockholders received 0.31 shares of Lantheus common stock and a contingent value right per share.
CoolSys acquired Eastern Refrigeration, a commercial refrigeration and HVAC solutions provider serving Connecticut, Rhode Island and Massachusetts, expanding CoolSys' presence in the Northeast US.
Airborne Systems North America and Mills Manufacturing were awarded an eight-year, $150M firm-fixed-price contract by the U.S. Army to supply MC-6 personnel parachute systems. Work is expected to finish by June 18, 2028.
Tyler Pipe Company will invest $4.9 million to expand its Marshfield, Missouri manufacturing facility, which makes couplings and gaskets, creating 75 new jobs.
Lydall received a $13.5 million contract from the U.S. Department of Defense to support meltblown expansion in New Hampshire.
First Choice Packaging plans to invest $1.6 million to purchase a new machine and renovate its factory in Fremont, Ohio.
Gemini Bioproducts opened a new 25,000-square-foot cGMP manufacturing facility in West Sacramento, California, quadrupling production capacity for cell culture reagents.
Velux Greenwood LLC announced a $26 million investment to increase production capacity for skylight, tubular daylighting devices, dome skylights and glass pane products at its Greenwood County facility.
Bryant Heating & Cooling Systems and Fischer Homes have signed a multi-year agreement for Bryant to provide heating and cooling equipment in all new Fischer Homes, covering over 2,000 homes per year across multiple U.S. markets.
Sechan Electronics Inc. was one of eight small businesses awarded a $14,705,110 five-year firm-fixed-price multiple award contract by the Naval Surface Warfare Center, Crane Division, for build-to-print circuit card assemblies for military projects, including helicopter systems.
PTM Corporation is investing nearly $2 million to expand its manufacturing facility in St. Clair County, Michigan, adding new truck wells, prototype press lines with five 500-800 ton presses, a prototype facility crane expansion, and a robotic flexible assembly cell.
Triosim Corporation, a Wisconsin-based pulp and paper equipment firm, acquired Industrial Pump Services (IPS), which rebuilds and services industrial pumps and compressors from locations in Leland, North Carolina and Clinton, Louisiana. The article's dateline conflicts, listing both June 19 and August 14, 2020.
Brook & Whittle Holdings has acquired Label Impressions, Inc., an Orange County, California label manufacturer serving household, beverage, beauty and food brands, expanding its US manufacturing network to the West Coast.
Spicers Paper, a unit of Central National-Gottesman, will acquire Kilmer, Wagner & Wise Paper Company, a Garden Grove, California supplier of paper and packaging for 65 years. Deal terms were not disclosed.
Eaton plans to expand operations in Greenwood County, South Carolina, by consolidating its busway production into a new location, creating 30 new jobs. The expansion is expected to be completed by the end of 2020.
Big River Steel has entered into an exclusive agreement with Koch Metallics LLC to acquire metallics for its steelmaking operations, leveraging Koch's global supply and transportation capabilities.
Big River Steel is doubling its annual steel production capacity from 1.65 million to 3.3 million tons at its mill in Osceola, Arkansas, with completion expected by end of 2020, ahead of schedule. The $700 million expansion began in June 2019.
Inverness Graham Investments has acquired Catheter & Medical Design, a Minnesota-based manufacturer of complex catheters and catheter shafts for medical applications. Terms were not disclosed.
Minerals Technologies has signed an agreement with Phoenix Paper to rebuild and operate a 35,000 ton per year satellite precipitated calcium carbonate plant at its paper mill in Wickliffe, Kentucky.
Medtronic and Foxconn Industrial Internet announced a partnership to manufacture 10,000 Puritan Bennett 560 ventilators at Foxconn's Wisconn Valley Science and Technology Park in Mount Pleasant, Wisconsin, over the next year.
Power Pool Plus is moving all major manufacturing and fabrication of its industrial power generation products to a new 30,000+ square foot facility at 1107 Willard Road in Greenwood, South Carolina, a multi-million dollar investment projected to create 21 jobs.
Veolia Nuclear Solutions Federal Services was named subcontractor by Aptim Federal Services on a NAVSEA contract to decommission and dismantle the Surface Ship Support Barge at Hampton Roads, Virginia, handling radioactive waste management.
Serioplast US, the North American unit of Italy's Serioplast Group, will begin operating a rigid plastic packaging plant in Red Springs, Robeson County, North Carolina, investing $9.4 million and creating 46 jobs, as announced by Governor Roy Cooper's office.