Phlow Corporation received a US$354 million base award from BARDA to manufacture essential medicines at risk of shortage, including for COVID-19. The total contract value is up to US$812 million with options.
Apple will pay Dialog Semiconductor US$300 million to license power management technologies, transfer certain assets and over 300 employees. Dialog will also supply products to Apple for an additional US$300 million over three years.
Total has signed an agreement with PureCycle Technologies to purchase part of the output of PureCycle's future facility in the United States and to assess developing a new plant together in Europe. PureCycle will begin construction on its first plant in Ohio this year, producing 48,000 tons of recycled polypropylene.
Boeing won a $13.2 million deal for the AN/USQ-82(V) Program supporting DDG-51 Class destroyer new construction and modernization. Work will take place in Smithfield, Pennsylvania and is expected to be finished by August 2021.
S&K Aerospace won a $30.9 million deal for repair, overhaul and upgrade of 361 commercial common items used on the P-8A Poseidon maritime patrol aircraft. Work will be performed at various locations including Byron, Georgia, with completion by May 2025.
The Port of Virginia received the final group of 86 automated stacking cranes from Konecranes under a $217 million contract. The cranes were delivered over 27 months to Norfolk International Terminals and Virginia International Gateway, marking near-completion of the terminal expansion.
Centrisys Corporation secured orders for American-made decanter centrifuges from the City of Waterloo, Iowa and Lancaster County, South Carolina. Lancaster County will receive one centrifuge by December 2020, and Waterloo will receive two by March 2021.
C&L Aerospace signed a multi-year worldwide distribution agreement with ACR ARTEX for the company's entire aviation product line, including ELT replacement batteries and emergency locator transmitters.
Canada's Transcontinental made a $1.32 billion offer to purchase Coveris Americas, which operates 21 facilities producing labels and shrink films, to become a major North American packaging company.
Magna International, through a wholly owned subsidiary in a joint venture, agreed to purchase the remaining 50 per cent interest in STT Technologies, a North American supplier of transmission and engine oil pumps.
Accredo Packaging expanded its Sugar Land, Texas facility by 200,000 square feet, with a $50 million investment in the recent phase, completed in the first quarter of 2020.
Medela AG announced a new US production line for its Vario 18 AC portable suction pumps, with up to 10,000 units to be produced and shipped to hospitals by August 2020.
Brunswick County awarded two contracts totaling $129.1 million to upgrade and expand the Northwest Water Treatment Plant with reverse osmosis equipment and a discharge pipeline. Oscar Renda Contracting received the plant contract for $122.6 million.
Lhoist North America received permit approval from the Texas Commission on Environmental Quality to construct a new energy efficient vertical lime kiln at its New Braunfels, Texas facility. The kiln is expected to be operational in 2021, driven by demand from steel and construction industries.
Wells, a precast concrete provider, announced the grand opening of a new 122,673 sq. ft. office and production facility in Brighton, Colorado. The facility consolidates two existing Denver plants and increases capacity with long line prestressing forms.
Caljan Inc., a Danish manufacturer of conveyors and automated labeling products, acquired a 105,500-square-foot building in Menomonee Falls, Wisconsin, to relocate manufacturing operations currently performed overseas. The move is expected by August 2020, with plans to add employees.
Parts Warehouse Inc. (PWI) and Tri-States Automotive Warehouse announced intentions to merge, with Tri-States becoming part of PWI. The merger is expected to be completed in August 2020, combining operations across nine US states.
INOX Market North America, a subsidiary of Italy-based INOX Market Service, plans to build a new 139,800-square-foot facility in Delaware County, Indiana, investing over $15 million and creating 100 jobs.
Thermo Fisher Scientific announced a $40 million expansion of its Lenexa, Kansas operation, including a new facility and 300 new jobs, to produce over 8 million viral transport tubes per week for COVID-19 testing.
Van Doren Sales Inc., a manufacturer of fresh produce sorting and packaging equipment, acquired Agjet LLC, a data integration company specializing in case handling, coding and traceability.
IRIS USA is preparing to start production in fall 2020 at its new 500,000-square-foot manufacturing and distribution facility in Humboldt Industrial Park, Pennsylvania, with an $80 million investment and plans to hire 40 full-time positions initially, with a commitment to create 95 jobs over three years.
Konecranes signed a contract with Long Beach Container Terminal for 30 additional Konecranes Gottwald Automated Guided Vehicles (AGVs), to be delivered in Q4 2021 and commissioned by Q2 2022.
Cybernet Systems Corporation was awarded a contract by the Office of Naval Research to demonstrate autonomous retrieval and delivery techniques for Naval Depot Sustainment and Modernization tasks.
Huntsman Corporation completed the acquisition of CVC Thermoset Specialties, a specialty chemical manufacturer, from Emerald Performance Materials for approximately $300 million in cash.
Nabell USA, a bellows manufacturer and subsidiary of Japan's Nabell Corporation, plans to invest about $2.9 million in its existing Albemarle, North Carolina facility and create 15 new jobs within 24 months.
Blonde Technology's subsidiary Guangdong Blonde Technology signed a contract and received a purchase order for KN95 masks from a US company valued at $975 million. The buyer agreed to pay 40% upfront.
Cisco has announced plans to acquire Luxtera, a silicon photonics firm, for $660 million. The acquisition will integrate Luxtera's technology into Cisco's networking portfolio and is expected to close in Q3 of Cisco's financial year.
ProMach, a US-based packaging machinery manufacturer, has acquired STOCK America, a provider of sterilization equipment for the food processing industry. STOCK will join ProMach's portfolio alongside the Allpax brand.
Toyota Industries Corp (TICO) has agreed to buy forklift component manufacturer Cascade Corp for $759 million in cash. The deal is expected to be completed by the end of 2012.
Mitsubishi is buying Bombardier's CRJ200 jet line and will continue servicing existing aircraft, while planning to debut its SpaceJet in 2022 or 2023. The deal includes the 145,000 square-foot Bombardier Regional Aircraft Services facility at North Central West Virginia Airport.
Barrick Gold and Newmont Mining announced an implementation agreement to create a joint venture combining their mining operations, assets, and reserves in Nevada. The JV is expected to capture $500 million in average annual pre-tax synergies.
Komatsu Mining Corp announced plans to build a new 2.5 million-square-foot headquarters and manufacturing campus in Milwaukee's Harbor District, with a $300 million investment. The project is expected to be completed in 2022.
Weir Group has entered an agreement to acquire ESCO Corporation for $1.2 billion. ESCO is a US-based mining equipment maker with operations in 19 countries.
Komatsu Ltd has entered an agreement to purchase Joy Global Inc for a total deal value of $3.7 billion, including debt. The acquisition aims to expand Komatsu's presence in underground mining equipment.
Toyota announced nearly $749 million in investments across five US states, including adding RAV4 Hybrid and Lexus ES 300 Hybrid production in Kentucky, expanding engine capacity in Alabama, and increasing hybrid transaxle capacity in West Virginia. The investments will create 586 new jobs.
Airbus has broken ground on a new $300 million A220 aircraft assembly facility in Mobile, Alabama. The plant will assemble four A220s per month and create over 400 jobs, with production expected to begin in Q3 2019.
PLW Waterworks, owned by Ferrovial subsidiaries Webber and Cadagua, was awarded contracts worth $312 million for two water treatment plants in Texas. The projects include expanding Houston's Northeast Water Purification Plant and building a plant in Pearland.
Construction Supply Group completed the acquisition of Constar Construction Supply, a California-based distributor of construction materials. The deal expands CSG's footprint in the West and Southwestern U.S.
ArcelorMittal Tailored Blanks opened a new steel plant in Detroit, Michigan, on February 26, 2020. The $83 million facility covers 310,000 sq ft and will employ over 80 people, scaling to 120.
Novelis has announced plans to build a $300 million aluminium plant in Guthrie, Kentucky, with a 200,000 metric tonne capacity and 125 jobs, producing flat rolled aluminium for automakers.
Kobelco Construction Machinery USA has opened a $41 million hydraulic excavator production facility in South Carolina, with a 156,000 sq ft plant and capacity of 1,800 units per annum.
Private equity firm Thoma Bravo announced a definitive agreement to acquire heavy building materials IT leader Command Alkon from Quilvest Capital Partners. The acquisition aims to accelerate integration of supply chain operations in heavy construction.
Metal effect pigments provider SCHLENK acquired the industrial company API Americas in Lawrence, Kansas.
PROENERGY has been selected by WattBridge Energy to provide a turnkey power plant solution for the Topaz Power Station in Texas, including 7 LM6000PC peaking generation units with a total capacity of 336 MW.
Quaker Windows and Doors opened a 200,000 square foot manufacturing facility in Eldon, Missouri, dedicated to commercial aluminum window and door production. The plant began operations on May 18, 2020 and will employ more than 150 new team members.
TSMC announced plans to build and operate an advanced semiconductor fab in Arizona, USA, with 5-nanometer technology, 20,000 wafers per month capacity, and over 1,600 direct jobs. Construction is planned to start in 2021 with production targeted to begin in 2024, with total spending of approximately US$12 billion from 2021 to 2029.
Chemours started operations at a new HFO-1234yf refrigerant plant in Corpus Christi, Texas, doubling production capacity. The project began in 2016 and was completed in 2020.
Ruili Group Co., Ltd. completed the acquisition of an approximately 41.2% stake in SORL Auto Parts Inc. for approximately $33.8 million, announced on May 14, 2020.
Leading Technology Composites Inc. in Wichita won a new $26.8 million defense contract for body armor plates, announced on May 14, 2020.
Dow appointed Univar Solutions as the exclusive distributor of VORASURF Silicone Polyurethane Additives across North America, effective May 14, 2020.