Air Industries Group's Sterling Engineering subsidiary has received a life-of-the-program extension of a long-term agreement to deliver PW-4000 turbine exhaust case components. The company expects the extension to generate over $6 million in revenue.
Atlanta packaging company Battle Copacking plans to invest $13.6 million in a new 128,000-square-foot building at Deerfield Business Park in Mooresville, Iredell County, creating up to 20 jobs. The building is expected to be delivered by the end of the year.
Unibloc Pump, a Kennesaw, Georgia flow control manufacturer, has acquired Standard Pump, a Duluth, Georgia maker of sanitary and industrial process pumps, on January 5, 2022.
Novvia Group has acquired Rhino Container Inc., a Chino, California distributor of plastic, metal, corrugated and glass packaging products. Financial terms were not disclosed.
Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
ILSUNG HISCO signed a contract with Honeywell UOP to supply columns and pressure vessels for the VG-PLNG project in the USA, in January 2022.
Valve actuator maker Harold Beck & Sons converted to a 100% employee stock ownership plan at the end of 2021, with 135 employees, according to the company's president Doug Beck.
DSS, Inc.'s subsidiary Premier Packaging is nearing completion of a new 105,000 sq ft paperboard packaging facility in Henrietta, NY, near Rochester, with operations expected to begin February 1, 2022.
Bosch Rexroth will invest $12.8 million to expand its hydraulics manufacturing campus in Fountain Inn, Greenville County, South Carolina, adding a testing facility and 60 jobs over five years, with completion expected by 2025.
SupplyOne, the largest independent US supplier of corrugated packaging, acquired Romanow Container, a corrugated and protective packaging maker based in Westwood, Massachusetts. It is SupplyOne's first acquisition in New England.
Sonoco agreed to acquire Ball Metalpack, a metal packaging joint venture owned by Platinum Equity and Ball Corporation, for $1.35 billion in cash. Ball Metalpack is projected to generate about $850 million in 2021 revenue.
BillerudKorsnäs agreed to acquire Verso Corporation, a North American coated paper producer, for about USD 825 million in cash. The deal is expected to close in the second quarter of 2022, subject to shareholder and regulatory approvals.
Bona US held a groundbreaking for a 280,000-square-foot building at Monroe Corporate Center in Monroe, North Carolina, its second facility at the industrial park. The company plans to invest more than $20 million and create 124 jobs.
Rohrer Corp. purchased Jay Packaging, extending its manufacturing into the Northeast United States. Financial terms and exact locations were not given in the article.
Kampack, a division of National Packaging Group, will relocate its headquarters and build a new corrugated packaging manufacturing facility in the King Mill Distribution industrial park in Henry County, Georgia. The $35 million investment is expected to create 120 jobs.
Triumph Group received a production contract extension from Boeing Commercial Airplanes to continue manufacturing hydraulic and actuation equipment for 737 MAX, 777, 777X and 767 aircraft at its facilities in Clemmons, North Carolina, and Yakima, Washington.
Pratt Industries broke ground in Henderson, Kentucky, on a $500 million paper mill and box factory complex that will create 321 jobs across two facilities. The box factory is due for completion by 2023.
The Amarillo Economic Development Corporation plans to pay North Carolina-based Manteenbar incentives, including a property tax deferral and $10,000 per job, to build a $40 million factory in Amarillo, Texas, that would employ about 160 workers. The deal goes to city council in early January 2022.
Richland-based Fluid Controls and Components Inc. received a 2020-21 Bechtel Global Supplier Award for providing 9,000 nuclear-certified valves and sourcing frit for the Hanford Waste Treatment Plant in Washington state.
International Paper announced it will build a state-of-the-art corrugated packaging plant in Atglen, Pennsylvania, employing about 150 people. Construction starts in Q1 2022 with full operation expected in Q1 2023.
Ohio Transmission Corporation, an industrial equipment distributor, acquired TP Pump, a pump line supplier serving New Mexico and northern Arizona from Albuquerque. The deal was announced on December 15, 2021, and terms were not disclosed.
Vallourec was awarded a contract by BOE Exploration & Production to supply OCTG products for the Shenandoah deepwater project offshore Louisiana. Drilling is expected to begin in Q3 2022 with first oil in Q4 2024.
Saint-Gobain acquired HyComp, a US aerospace manufacturer established in 1886 with about 120 employees, which supplies composite components. The announcement was made on March 12, 2018.
Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.
Sullair has acquired its long-time Salt Lake City distributor Compressor-Pump & Service, which sells and services compressors, blowers and pumps across a 83-county territory in Utah, Nevada, Oregon, Idaho and Wyoming. All 33 employees remain.
WestRock will invest more than $47 million to expand its Claremont manufacturing facility in Catawba County, North Carolina, adding a 285,000 sq ft building and 50 new jobs, supported by a $125,000 One NC Fund grant.
Bruks Siwertell secured a contract from Packaging Corporation of America to supply a receiving hopper, screw conveyors and belt conveyor handling old corrugated cardboard rejects for boilers at PCA's Jackson, Alabama mill, with delivery scheduled for February 2022.
Zep Inc. completed and started up a new AFCO production facility in Kingman's Industrial Park, Arizona, to serve western US customers in the food and beverage processing industry, with about 25 jobs expected over two years.
R.R. Donnelley's board accepted a revised proposal from Atlas Holdings affiliates to acquire the company for $10.35 per share in cash, a 21.5% premium, valuing the deal at about $2.2 billion enterprise value.
BorgWarner Thermal Systems is expanding its Cadillac, Michigan assembly plant in a $11.2 million project expected to create 30 jobs, supported by a $225,000 state grant.
Trendsetter Engineering (TEI) won a framework agreement from BHP for subsea manifolds, HIPPS and subsea connection and jumper systems supporting the Shenzi North expansion in the Gulf of Mexico, with deliveries from Q4 2022 to Q1 2023.
Nashville Box, LLC will invest $3.3 million to set up corrugated box manufacturing operations in Lebanon, Wilson County, Tennessee, creating 48 new jobs.
Henkel closed its acquisitions of Darex Packaging Technologies, a metal packaging sealants supplier based in Cambridge, MA, for US$1.05 billion, and the Sonderhoff Group, a Cologne-based foamed gasketing and dosing equipment maker, with undisclosed terms.
Mission Ready Solutions' subsidiary Unifire received an IDIQ contract with a ceiling of US$200 million from the US Defense Logistics Agency to supply COTS shelter systems, over a one-year base period plus three option years.
Kruger Packaging is building a $114 million, 400,000 sq ft packaging plant in Elizabethtown, Kentucky, expected to open in summer 2022 and create nearly 150 jobs.
Plasser American will dedicate a 45,000 sq ft office building as the first phase of a $52.6 million expansion of its North American headquarters and manufacturing center in Chesapeake, Virginia, adding 98 jobs and doubling production capacity with an 82,000 sq ft plant.
New Jersey-based Imperial Dade has acquired Nashville business American Paper & Twine, a supplier of food service packaging and janitorial products. It is Imperial Dade's 44th acquisition since 2007.
EQ United, an Indiana-based logistics provider and RV components manufacturer, is consolidating its manufacturing into a new facility in Cassopolis, Michigan with a $6.2 million capital investment and up to 175 jobs. The Michigan Strategic Fund supports the project.
SBP Holdings has acquired Watts Steam Store and subsidiaries, which operates three locations in Twin Falls and Idaho Falls, Idaho and Ogden, Utah. The business will join SBP's Dakota Fluid Power platform, announced December 1, 2021.
Pittsburgh-based West View Cunningham Co. bought certain assets of G&W Industrial Sales of Parkersburg, West Virginia, taking over sales of Wilden Pumps and Strahman Valves product lines. The deal strengthens its Parkersburg location's engineering and maintenance capabilities.
Buffalo Pumps, a division of Ampco-Pittsburgh subsidiary Air & Liquid Systems, was selected by Fincantieri Marinette Marine to supply centrifugal pumps for US Navy guided-missile frigates. The six-year contract has a ceiling value of USD 22.0 million, with shipments expected from late 2022.
Wildpack Beverage closed its acquisition of KT Murray Corporation dba Land and Sea Packaging, an aluminum can brokering business in Grand Rapids, Michigan, for US$37.2 million, paid partly in cash and partly in shares. The closing was announced November 23, 2021.
Liberty Diversified International has acquired Dallas Container Corporation, a corrugated packaging maker with about 100 employees in Dallas and Amarillo, Texas. The purchase price was not disclosed.
Watson-Marlow has broken ground on a 150,000 sq ft manufacturing facility at Devens, Massachusetts, for peristaltic pumps, tubing and fluid path products. The site is expected to create over 150 positions.
Graham Packaging is adding a new production line at its Altavista facility to make a new product for an existing customer. The line adds 42.6 million units per year and creates 12 jobs. It was announced November 19, 2021.
Air Hydro Power Inc. of Louisville, Kentucky acquired the assets of Gatterdam Industrial Services, a provider of electrical motor, monitoring and fluidic pump repair and field services, effective November 15, 2021. The acquisition adds twenty employees.
Controls technology company SJE Inc. has purchased L. W. Allen LLC and its Altronex brand, which supply pumps and control systems for municipal water and wastewater in Madison, Wisconsin. The announcement is dated November 18, 2021, and no value was disclosed.
Genstar Capital signed a definitive agreement to acquire Brook + Whittle, a North American premium prime label and sustainable labeling maker headquartered in Guilford, CT, from TruArc Partners. The deal was announced on November 18, 2021, and no value was disclosed.
J.M. Smucker announced an investment in a new manufacturing facility in McCalla, Alabama to accelerate growth of its Smucker's Uncrustables products. No investment amount or job numbers were given in the source.