Tuson Corporation of Vernon Hills, Illinois acquired the assets of ISPT, LLC of Story City, Iowa on March 2, 2022, creating the Tuson Manufacturing Company division. ISPT makes precision machined components for fluid power and industrial automation. Terms were not disclosed.
DXP Enterprises completed its acquisition of Drydon Equipment, a distributor of pumps, valves and controls based in Elgin, Illinois, serving the water and wastewater industry. Terms were not disclosed.
Stevanato Group's subsidiary OMPI of America agreed with BARDA, a US government agency, to receive up to about $95 million to expand planned vial manufacturing capacity in Fishers, Indiana. The aim is to strengthen US national defense and public health readiness.
Baker Hughes announced an investment in San Francisco-based GreenFire Energy, leading its Series A financing, and will take a board seat while the companies collaborate on retrofitting wells for geothermal power.
Diageo opened Diageo Lincolnway, a 225,000 square-foot canning plant with two high-speed can lines in Plainfield, Illinois, with an investment of about $110 million and 50 full-time jobs.
Emerson completed a multimillion-dollar expansion of its engineering facility in Sidney, Ohio, adding 110,000 square feet of lab space for compressor and HVACR research and testing.
MRC Global Norway was awarded contracts by Aker Solutions to supply valves, instrumentation, piping, tubing and fittings for the 924 MW Sunrise Wind offshore project off New York. Full operation is expected in 2025.
ProMach, a processing and packaging machinery maker, has acquired TechniBlend, a provider of engineered liquid processing systems for beverages, dairy and chemicals. The deal expands ProMach's processing technology portfolio. Financial terms were not disclosed.
ABB was selected by ioneer for a significant automation engineering and equipment contract at the Rhyolite Ridge lithium-boron project in Nevada, covering process automation, power management and electrical distribution. Financial terms were not disclosed.
Bericap SC LLC plans to add several production lines to its Cowpens, South Carolina plant by June 2026 with a $19.7 million investment. The expansion targets North American demand in water, dairy, soft drink and sports beverage markets.
Menasha Packaging Company signed an agreement to acquire the assets of Color-Box, a corrugated packaging business unit of Georgia-Pacific with about 550 employees and plants in Indiana, Mississippi and California. Terms were not disclosed and closing is expected in early summer 2022.
Apollo Global Management agreed to buy a majority stake in packaging maker Novolex Holdings from Carlyle Group, which will keep a minority stake. Bloomberg's headline cites a $6 billion value, although the article text says financial terms were not disclosed.
Trivium Packaging is investing $40 million to install new aluminum impact-extruded can and bottle lines at its Youngstown, Ohio and Itupeva, Brazil plants. The added capacity is expected in 2023 to meet demand from aerosol and beverage customers.
LUFKIN Industries relocated the machine shop operations of its Don-Nan unit from Midland, Texas to an expanded facility in Claremore, Oklahoma, adding at least 70 full-time jobs. A ribbon cutting for the expanded facility took place on February 10, 2022.
Evergreen is adding a 54,000-square-foot building to its Clyde, Ohio facility to house four food-grade rPET manufacturing lines. Completion is expected in June 2022, raising annual rPET capacity to 217 million pounds.
Alliance Compressors is investing $45 million over two years to expand its compressor assembly facility in Natchitoches, Louisiana. The announcement was made in February 2022.
Sea Box of Cinnaminson, New Jersey won a federal contract worth $31,092 from the Defense Logistics Agency for containers, packaging and packing supplies, as reported on February 8, 2022.
Honeywell International of Phoenix, Arizona won a federal contract worth $2,444,826 from the Defense Logistics Agency for pumps and compressors, as reported on February 8, 2022.
Austin-based craft beverage packaging maker American Canning signed a long-term lease for a 154,786-square-foot facility at Park 183 in Southeast Austin for a new plant and headquarters. The expansion is planned for 2022.
Proconex is combining the former Emerson valve repair facility in Burlington, New Jersey with its Atlantic Valve Services center in Swedesboro, New Jersey, expanding its valve repair and service capabilities.
Delmarva Corrugated Packaging has selected Dover, Delaware for a new $91 million corrugated box plant employing 159 people, replacing its New Jersey facility. The plant will have capacity of 75 tractor trailer loads per day when fully staffed.
McKinley Packaging, a subsidiary of Bio Pappell, is building a box manufacturing plant of over half a million square feet on East Pleasant Run in Lancaster, Texas. The more than $35 million facility will add 125 jobs and is scheduled for completion at the end of 2022.
WestRock plans a new corrugated boxing plant in Longview, Cowlitz County, double the size of its current facility, to be built by the end of 2023. The company cites growing demand from regional customers in the Pacific Northwest.
Flotek Industries agreed a long-term contract to supply its green downhole chemistry solutions to a dedicated portion of ProFrac's hydraulic fracturing fleets for three years. The contract creates an expected backlog of more than $230 million, and Flotek is also issuing $10 million of convertible notes to ProFrac.
McKinley Paper Company, a subsidiary of Bio PAPPEL, is acquiring 100% of Midwest Paper Group, a Wisconsin containerboard producer with 500 thousand tons annual capacity, from investment fund IOP.
Scholle IPN agreed to be acquired by SIG, a Swiss aseptic carton packaging company, creating a combined firm with nearly 8,000 employees and 69 sales and manufacturing sites. The announcement was made on February 1, 2022.
Swiss packaging company SIG Combibloc is acquiring privately held U.S. packaging maker Scholle IPN for an enterprise value of EUR 1.36 billion ($1.53 billion) to strengthen its sustainable packaging position. The deal is to be financed with shares and cash.
Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.
Bison Bag Company will add 45,000 square feet to its facility in the Town of Lockport, Niagara County, New York, in a $4 million expansion expected to be completed this fall, with up to 10 new jobs committed.
Mississippi-based Summit Plastics Inc. is acquiring Clear View Bag Co. Inc., expanding its geographic presence and product line.
Crown Holdings announced it will add a new food can production line at its Owatonna, Minnesota plant, adding about 40 jobs. Operations are expected to start in Q3 2022.
Samuel Packaging Systems Group announced on January 26, 2022 an $11.5 million expansion of its 203,300-square-foot production facility in Fort Mill, adding 20 jobs.
Titan Steel Door will invest more than $11 million to open a new manufacturing facility of over 145,000 square feet in Hartwell, Hart County, Georgia. The expansion will create 90 new jobs and add detention steel door, frame, wall and ceiling production.
XNRGY, a custom air handling manufacturer, announced a new 1 million-square-foot manufacturing facility in the Greater Phoenix area that will serve as its U.S. headquarters. The estimated $300 million investment is expected to create more than 900 jobs over time.
Bender CCP was awarded a two-year multi-year contract by Chelan County Public Utility District No. 1 in Washington for machine shop repair of hydropower generation equipment, including valves, turbines and other components.
The BoxMaker began production at a new 62,000 sq ft plant in Lowell, Arkansas, making digitally printed custom corrugated boxes and retail displays, as part of a multimillion-dollar investment that doubles its capacity.
F.W. Webb Company acquired Stritt & Priebe Inc., a specialist in industrial valve supply, service and repair based in Buffalo, New York, announced January 24, 2022.
Aerzen USA announced on January 19, 2022 the acquisition of Vooner FloGard Corporation, a vacuum pump manufacturer headquartered in Charlotte, North Carolina with manufacturing in Greeneville, Tennessee. The newly formed company will be known as Vooner FloGard LLC.
Aerzen USA, a subsidiary of Aerzener Maschinenfabrik GmbH, announced the acquisition of Vooner FloGard Corporation, a vacuum pump maker headquartered in Charlotte, North Carolina with manufacturing in Greeneville.
IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
High Purity New England plans to open a fourth manufacturing facility near its three existing buildings in Smithfield, Rhode Island, funded by a federal contract; the company expects about 350 employees after new hires.
High Purity New England received a $15 million contract from BARDA to expand production of single-use biopharma consumables, funding a fourth facility in Smithfield, Rhode Island.
Spectrum Enterprise is providing a Managed Network Edge camera solution to Jamestown Container Companies to enhance employee safety across its six facilities in Western New York and Cleveland, Ohio. The announcement was dated 18 January 2022.
Duplomatic Oleodinamica, controlled by AXA Private Equity, acquired the hydraulic components division of Continental Machines Inc. through its US subsidiary Continental Hydraulics. The division had a reported 2010 turnover of USD 18.4 million. The deal value was not disclosed.
Hydraulic cylinder maker Rosenboom Machine and Tool will invest $4 million over 36 months in new manufacturing capabilities at its Bowling Green, Ohio facility, adding a production line and about 70 jobs. The expansion aims to serve customers in the Eastern United States.
Colombia-based Plastilene Group will establish its first U.S. operation in Washington Court House, Fayette County, Ohio, a $47 million sustainable food packaging research and production facility expected to create 58 jobs.
EMD Electronics, the North American electronics business of Merck KGaA, announced a new factory in Chandler, Arizona to manufacture gas and chemical delivery systems equipment, with a $28 million investment. Operations are expected to start by end of 2022 with more than 100 employees at full ramp-up.
Triangle Pump Components expanded manufacturing and shipping/receiving areas at its Cleburne, Texas valve plant, with construction starting September 2021 and completed by year end. The expansion added new machines and doubled inventory capacity.
TricorBraun has acquired Zuckerman Honickman, a King of Prussia, Pennsylvania beverage packaging business serving the US and Canada. The company will operate as a stand-alone TricorBraun company.
Green Bay Packaging will build a new 600,000 sq ft corrugator plant in Fort Worth, Texas, replacing its existing 200,000 sq ft plant there. Construction is set to begin in Q1 2022 with startup scheduled for Q2 2023.