A 22.7 MW flexible gas power plant delivered by Wärtsilä to Cooperative Energy in Benndale, Mississippi, commenced commercial operations on April 8, 2020. The plant uses two Wärtsilä 31SG gas engines.
Vyaire Medical Inc. was awarded a $407 million contract by the U.S. Department of Health and Human Services to produce 22,000 ventilators by the end of June 2020 for the Strategic National Stockpile.
Kratos Defense & Security Solutions announced that its Kratos Unmanned Systems Division has been selected for an IDIQ-MAC to support the US Navy's Unmanned Surface Vehicle Family of Systems, with a contract ceiling of $982.1 million.
The AEgis Technologies Group acquired EMRC Heli, a designer and manufacturer of small unmanned aerial platforms based in Huntsville, Alabama. Terms were not disclosed.
Vertex Aerospace's Aircraft Integration & Sustainment division was awarded a seat on a multiple award IDIQ contract with the Naval Air Warfare Center, Aircraft Division on April 15, 2020. The contract has a not-to-exceed ceiling of $7.14 billion and work is expected to be complete by April 2031.
AAR's Mobility Systems division was awarded a sole-source firm-fixed-price contract from the US Army worth $11.9 million over five years to produce Lightweight Multi-Purpose Shelters at its Cadillac, Michigan facility.
Astar Heating & Air, a portfolio company of Dubin Clark, acquired the residential HVAC, plumbing and related assets of Petcosky & Sons Plumbing, Heating & A/C, Inc. in Vestal, New York.
Bimbo QSR, a division of Grupo Bimbo, is planning to build a commercial bakery at an unselected site in the southeastern US, with sites in Florida, Georgia and Mississippi under consideration. Site selection is expected in Q2 2020.
CarbonLITE Industries LLC is planning to construct a polyethylene terephthalate recycling plant near Orlando, Florida, with an estimated EPC cost of $80 million. The plant will have capacity to produce 70-80 million lb of food-grade pellets per year, with construction expected to begin in 2021.
BlueNalu, Inc. is planning to establish a cell-based seafood pilot plant adjacent to its offices in San Diego, California, with an estimated EPC cost of $20 million.
Alliance Metals USA is planning to construct an aluminum smelter in Wenden, Arizona, with an estimated EPC cost of $30 million. The facility will process scrap metal into aluminum ingots and T-bars for automotive, aerospace and military industries.
HAECO Group acquired Texas-based aero-engine maintenance provider Jet Engine Solutions LLC, marking its debut in North America's on- and near-wing aero-engine market. Terms were not disclosed.
Atlas Tube is expanding its Blytheville production facility with a new ERW mill that will produce the largest single seam HSS sections in the world. The mill was announced in July 2019 and is expected to open in 2020.
Alexium International Group will exclusively supply its Alexicool phase change material products to Soft-Tex International for bedding systems based on Soft-Tex's Reactex technology.
Borealis completed the acquisition of NOVA Chemicals' 50% ownership interest in Novealis Holdings LLC, giving Borealis full ownership of the joint venture. Novealis holds a 50% stake in Bayport Polymers (Baystar) in Houston, Texas.
MaxLinear announced that Aviat Networks is using its MxL1105 CMOS transceiver and MxL85652 and MxL85110 modems in Aviat's new WTM 4800 E-Band and Multi-Band Radios.
Sechan Electronics and 27 other companies were awarded a $7,143,500,000 indefinite-delivery/indefinite-quantity contract by the Naval Air Warfare Center, Aircraft Division (NAWCAD) for support services.
Horton is opening a 112,000-square-foot engine cooling plant in the Oconee Industry and Technology Park in Westminster, South Carolina, with an early-May 2020 opening and plans to grow staff from 10 to 125 within five years.
Hartmann's Inc. will purchase a 100,000-square-foot facility in Abilene, Texas, for $12 million to serve as its corporate headquarters and manufacturing operation, retaining 27 employees and creating 70 new jobs over seven years.
Bernhard Capital Partners acquired Ascension Wastewater Treatment, the largest private sewer utility operator in Louisiana. The acquisition was finalized on April 14, 2020.
Paradigm Industrial LLC purchased Vulcan Tool Co. of Dayton, Ohio. Vulcan Tool manufactures tube cutters, trimming dies, and spindle attachments.
Festo announced a $90 million expansion of its Mason, Ohio manufacturing center, adding 350 jobs over five years. Construction will be in two phases, completed by 2024.
Koch Separation Solutions (KSS) announced it is expanding the manufacturing capacity of its PURON reinforced hollow fiber membrane technology by 50 percent at its Wilmington, Massachusetts facility.
Premier Mounts expanded its West Coast warehouse and operations in Corona, California, increasing logistics capacity from 2,000 to 20,000 square feet and adding a new Amada 1253NT Press Brake to its manufacturing line.
Siemens Gas and Power will provide three 33 MW SGT-700 industrial gas turbines and a Long-Term Program to Ascend Performance Materials' facility in Decatur, Alabama, as part of a $175 million expansion. The turbines will be manufactured in Finspång, Sweden, with commissioning expected in Q4 2021.
Peak Nanosystems, parent of Peak Nano Optics and Peak Nano Films, acquired Cleveland-based polymer technology developer PolymerPlus. The acquisition was funded by a $25 million investment from Squadron Capital.
GE Aviation secured a potential $138.2 million firm-fixed-price contract from the U.S. Air Force to provide TF-34 aircraft turbofan engine supplies, with a five-year base period through Sept. 30, 2025, and a five-year option period.
TER Chemicals, a division of German-based TER Group, acquired Trexan Chemicals, Inc., a US chemical distributor specializing in adhesives raw materials, to expand its US marketplace presence.
Siemens Gas and Power was selected to provide three 33-MW SGT-700 industrial gas turbines and an eight-year Long-Term Program to Ascend Performance Materials' facility in Decatur, Alabama. Commissioning is expected in Q4 2021.
All States Ag Parts, LLC announced the acquisition of H&R Construction Parts and Equipment, Inc. on April 14, 2020. The acquisition creates a one-stop-shop for ag, industrial, and construction equipment parts.
Alliant Healthcare Products was awarded a Laboratory ECAT contract by the Defense Logistics Agency valued at $43,750,000 over 5 years. The company will work with Olympus Life Sciences to provide microscopes and laboratory products to federal agencies.
The Memphis District U.S. Army Corps of Engineers awarded a $10 million contract to Mississippi Limestone Corporation for articulated concrete mattress casting at Richardson Landing Casting Field. Work is expected to begin within the next few months.
Wharton-Smith was awarded a $90 million CMAR project for upgrades at the Buckman Water Reclamation Facility in Orlando, Florida, including UV disinfection, biosolids handling, and aeration improvements. Work is expected to begin in September 2020.
Sonoco will spend $83 million to retool operations in South Carolina and Wisconsin, converting a Hartsville, S.C. machine to uncoated recycled paperboard with about 180,000 tons per year capacity. The project starts late 2020 and is slated for early 2022.
Canadian-based RS Technologies Inc. plans to invest approximately $35 million to establish a manufacturing and distribution facility in St. George, Utah, creating over 350 jobs, with hiring starting in spring 2021 and potential opening by January 2021.
Olympus Corporation announced an agreement to acquire Veran Medical Technologies, Inc., a provider of interventional pulmonology devices, for up to USD 340 million, through its subsidiary Olympus Corporation of the Americas.
Recochem announced a strategic partnership acquiring Adam's Polishes and B&B Blending, effective April 9, 2020, marking its first US operations.
StoneAge, Inc. acquired Breadware, Inc., an industrial IoT product development company based in Reno, Nevada, on March 31, 2020. Breadware will operate as a wholly-owned subsidiary to help StoneAge deliver robotic and IoT enabled solutions for industrial cleaning.
Skanska, in joint venture with MAPP Construction, secured a contract to construct phase one of the new University Medical Center in New Orleans, Louisiana. Skanska's 90% share is USD 470 million (about SEK 3 billion). The hospital is expected to open in February 2015.
Trelleborg signed an agreement to acquire Maine Industrial Tire, a U.S. leader in solid tires for forklifts, with annual sales of approximately SEK 600 M. Completion expected in Q4 2012.
ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation formed a 50/50 joint venture to acquire ThyssenKrupp Steel USA, a steel processing plant in Calvert, Alabama, for US$1,550 million. The plant has a total capacity of 5.3 million tonnes.
Solvay is building a new specialty polymers PEEK resin unit at its site in Augusta, Georgia, expected to come on stream in mid-2016. Combined with an expansion in Panoli, India, Solvay will invest over $85 million to raise total PEEK neat resin capacity to more than 2,500 metric tons worldwide.
Philly Shipyard was awarded a contract by TOTE Services to build up to five National Security Multi-Mission Vessels for MARAD, with an initial order for two ships valued at approximately $630 million, with deliveries in spring and winter 2023.
Beacon Point Associates won a potential five-year, $600 million indefinite-delivery/indefinite-quantity contract from the Defense Logistics Agency to provide hospital equipment and accessories to the U.S. Army, Air Force, Navy, and Marine Corps.
Medtronic is increasing production of its Puritan Bennett 560 ventilator, which received FDA emergency use authorization, and expects to have it on the U.S. market as early as May 2020 with an average price of less than $10,000.
The U.S. Department of Health and Human Services awarded General Motors and Philips a total of $1.1 billion to supply 73,000 ventilators under the Defense Production Act. Philips will receive about $647 million for 43,000 ventilators, and GM will receive the remainder for 30,000 ventilators.
Engineered Polymer Industries, a newly formed entity, has acquired RD Rubber Technology Corporation, a manufacturer of molded rubber and LSR components. The company will continue to operate as RD Rubber Technology Corp.
Alfa Laval acquired Niagara Blower Company, a Buffalo, New York maker of engineered-to-order heat transfer products such as air-cooled heat exchangers, on May 29, 2013. The company has about 120 employees.
Uponor, Inc. is expanding its Apple Valley, Minnesota manufacturing facility with an investment of EUR 16 million ($18 million), adding about 8,175 m2 of manufacturing and office space with equipment.
Yokogawa Electric Corporation completed the acquisition of all shares of Fluid Imaging Technologies, Inc., a provider of flow imaging particle analysis solutions, on April 8, 2020.