X-FAB Silicon Foundries SE is expanding its silicon-carbide (SiC) capacity at its Lubbock, Texas facility, which has a capacity of 26,000 wafers per month, and adding internal SiC epitaxy capabilities. The expansion includes new epitaxy toolset and characterization tools.
An affiliate of Mount Franklin Foods is purchasing the ARRO Food Processing Division and ARRO Ingredients Division from ARRO Corporation. The divisions will become part of a new independent business unit called Element Food Solutions LLC, based in two locations in Illinois.
GT Advanced Technologies (GTAT) and ON Semiconductor signed a five-year agreement valued at up to $50 million for GTAT to produce and supply its CrystX silicon carbide material to ON Semiconductor for use in power electronics applications.
Elgi Equipments' wholly-owned subsidiary Elgi Compressors USA Inc formed a joint venture company with Bryan Becker, managing partner of the LLC, on 19 March 2020, disclosed to exchanges on 11 May 2020.
Agility Fuel Solutions, a Hexagon Composites business, received an order from an existing U.S. transit bus customer for compressed natural gas fuel storage systems worth an estimated USD 10.0 million. Deliveries are expected to start in July 2020.
Miami Industrial Trucks, Inc., a material handling distributor, opened a new full-service 10,000 sq ft facility in Holland, Ohio (Toledo area) to include shop service, parts, equipment inventory, rentals, and safety training.
Inteva Products announced plans to expand its operations in Bluffton, Indiana, by leasing, renovating and equipping a 260,000-square-foot facility. The $42 million investment will support manufacturing and assembly of interior systems and is expected to create up to 419 new jobs by the end of 2023.
Everkem announced a move to a new 48,000-square-foot facility at 120 Regent Drive in Winston-Salem, North Carolina, roughly twice the size of its current location. The relocation began March 16, 2020, and is expected to take three to five weeks.
Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama Ventures, and Far Eastern Investment, decided to extend the pre-construction period for its integrated PTA-PET plant in Corpus Christi, Texas, through the end of 2020 due to rising labor costs. No additional capital contributions from Alpek are required during this period.
Warn Industries announced the acquisition of Factor 55, a manufacturer of rigging hardware for vehicle recovery. Factor 55 will operate as a division of Warn Industries.
McKee Foods plans to invest over $500 million over 15 years, with the first phase of $225 million over five years including a $110 million expansion of its Apison plant in Collegedale, Tennessee, doubling its size and adding production lines. The first phase is scheduled for completion in summer 2020, creating 125 jobs initially and 480 total.
Ball is adding a fourth canmaking line at its plant in Rome, Georgia, USA.
R&D Dynamics Corporation of Bloomfield, Connecticut was awarded a production contract to supply oil-free, foil-bearing compressors for a major fuel cell manufacturer, to be made at its Connecticut facility.
Atlas Copco has acquired Dekker Vacuum Technologies, a Michigan City, Indiana maker of highly engineered vacuum pumps and systems. Prairie Capital Advisors was exclusive financial advisor to Dekker. Terms were not disclosed.
Global Products LLC, an Elkhart-based distribution company, acquired Wiper Technologies, a subsidiary of Diesel Equipment Co. Financial terms were not disclosed.
Samsung is negotiating a $17 billion expansion of its existing fabrication plant in Austin, Texas, to produce logic chips and create 1,900 jobs.
LG Hausys added a new manufacturing line at its Adairsville, Georgia campus, increasing Viatera quartz surface production capacity by 50%, and opened a new warehouse and showroom in Orange County, California.
Lansing Building Products acquired the distribution business of Harvey Building Products, adding 36 branches in the Northeast and bringing its total to 113 locations. Markel Ventures obtained a majority stake in Lansing.
Australian-based Ixom, a water treatment and chemical distribution company, has acquired Dickinson-based Medora Corporation, a provider of water treatment products including SolarBee and GridBee.
Mycronic AB has received an order from Intel Corporation for two SLX mask writers for deployment in the US. The order value is between USD 10 and 15 million, with first delivery planned for H1 2021.
TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million. The facility includes a GE LM2500 gas turbine and an ABB steam turbine and has been operational since 1991.
Broadwind announced an order from a new wind turbine OEM customer valued at approximately $5 million. With this order, Broadwind now supplies three global wind turbine manufacturers and has secured nearly 70% of its full-year 2020 production capacity.
Toray Plastics (America), Inc., opened a $4 million, 5,000-square-foot PEF Division Innovation Center at its Front Royal, Virginia facility, part of a $40 million expansion that added a new extrusion line, irradiation unit, and salt bath unit.
GW Plastics is expanding its GW Silicones affiliate in Royalton, Vermont, with a $2 million investment adding 3,000 ft² of Class 8 cleanroom space for 8-10 new injection-molding machines, to support liquid silicone rubber medical device business growth.
The U.S. Navy awarded Pratt & Whitney a $319.7 million contract to produce 32 F135 propulsion systems for F-35 fighter planes for the Navy, Air Force, and Japan.
BigRentz, the nation's largest equipment rental network, announced a merger with Illinois-based Lizzy Lift, a provider of construction equipment rental services. Terms were not disclosed.
AquaVenture shareholders approved the merger agreement with Culligan, with the acquisition expected to close by end of March 2020. Shareholders will receive $27.10 per share.
Daikin Applied previewed two new ultra-high-efficiency chillers, the Magnitude Magnetic Bearing Centrifugal Chiller and Aptitude Oil Bearing Centrifugal Chiller, at the AHR Expo.
Daikin Applied opened a new manufacturing facility in southern Minnesota dedicated to production of the Rebel Applied packaged rooftop system, featuring advanced fabrication and automation technologies.
Hayashi Telempu North America (HTNA) plans a $7 million expansion of its Jasper, Alabama plant, creating 19 jobs. The company manufactures automotive interior components.
Standex Refrigerated Solutions Group reached a definitive agreement to sell its Master-Bilt and Nor-Lake refrigeration businesses to Ten Oaks Group. The closing is expected within 45 days.
UMC received city approval and a $300,000 grant from the Minnesota Investment Fund for a 52,000 sq ft expansion adjacent to its existing facility in Monticello, Minnesota. Construction is targeted to start April 25, 2020, and the expansion is expected to create 60 new jobs.
Brookfield Renewable Partners has entered into a definitive merger agreement to acquire all outstanding shares of TerraForm Power, offering 0.381 of a Brookfield Renewable unit per share.
Cepheid received an $18 million sales tax exemption from CAEATFA for a large CAPEX investment in the San Joaquin Valley and SF Bay Area. Construction of a mega-factory in Lodi has begun.
Cheniere and Bechtel awarded AMPO POYAM Valves a new contract for cryogenic valves up to 36 inches for the third marine berth at the Sabine Pass LNG terminal in Louisiana. The project will add 180 LNG cargoes annually.
Huntsman Corporation agreed to acquire CVC Thermoset Specialties, a North American specialty chemical manufacturer, for $300 million in cash. The transaction is expected to close around mid-2020.
Lyco Manufacturing, Inc. acquired certain consumable service parts assets from Hughes Equipment Co. of Columbus, Wisconsin, including parts for blancher/cooker and snap bean product lines.
Nidec Press & Automation is building a 25,000 sq ft addition to its service, repair parts, machining and remanufacturing facility at its headquarters in Minster, Ohio. The expansion is part of a global push in remanufacturing capacity.
West River Conveyors and Machinery Company received a $1.225 million loan from VCEDA to expand its Oakwood, Virginia facility by 8,000 square feet, add equipment, and create 12-15 jobs over 10 years.
Core & Main LP closed its acquisition of R&B Co., based in San Jose, California, to grow its presence in the California market.
Precision Cutting Technologies, Inc. acquired Supermill LLC, a Connecticut-based manufacturer of high-performance carbide end mills. Supermill founder Tom Hale will continue to lead the company.
Confluent Medical Technologies is expanding its Orange County, California R&D, prototyping, and rapid development operations to support increased demand for balloon catheters, including doubling cylindrical balloon forming capacity and adding staff.
DHL Supply Chain signed an expanded multi-site services agreement with Locus Robotics to install 1,000 warehouse robots at 10 US facilities in 2020.
Gemma Power Systems has secured an EPC services contract from NTE Connecticut to build the 650MW Killingly Energy Center natural gas-fired power plant in Killingly, Connecticut. Construction is expected to begin in 2020.
Watervale Equity Partners has acquired Duke Manufacturing, a contract manufacturer of precision metal components for aerospace, defense, power generation, marine, and medical industries. Duke is headquartered in Willoughby, Ohio. The purchase price was not disclosed.
New York private equity firm Monomoy Capital Partners acquired Jacksonville-based paper and packaging distributor Mac Papers, which generates over $600 million in annual sales. The price was not disclosed, and Mac Papers' COO Rick Mitchell will become president.
Evoqua Water Technologies has completed a $1.3 million investment in new paint and blast rooms at its Thomasville, Georgia plant, replacing facilities dating back to 1971.
ACCEDIA Group, a holding company, has acquired ASI Drives, a US manufacturer of transaxles and wheel drives for electric machines. ASI Drives will join forces with ACCEDIA's existing company Tornado Drives.
OMRON announced the grand opening of its new 128,000 square foot robotics and safety automation business headquarters in Pleasanton, California, with a $10 million investment. The facility will design, develop, test and manufacture robotic and safety automation solutions.
Rolls-Royce created a new engine controls capability near Purdue University in West Lafayette, Indiana, to assemble and test electronic engine controllers for its U.S. defense business. The first controller has been completed.