AptarGroup has announced plans to acquire premium airless and colour cosmetics packaging company Fusion Packaging (FusionPKG) through a binding agreement. The deal is aimed at meeting demand for fast beauty packaging.
AMPO POYAM Valves was awarded a contract by BP to supply additional highly engineered 20-inch, 600 lb gate valves for its Whiting refinery in Indiana. Delivery is scheduled for September 2020.
Butterball selected Amcor to provide flexible packaging for its new snacking product line, including an easy-open EZ Peel lid with matte film and anti-fog properties. The article is dated February 14, 2020.
Aptar entered into a binding agreement to acquire Fusion Packaging I, L.P. (FusionPKG), a Dallas-based maker of prestige airless and color cosmetics packaging for the North American beauty market. The transaction is subject to customary closing conditions and the value was not disclosed.
RADA Technologies, LLC (RADA USA) opened a 25,000 sq ft office and manufacturing facility in Germantown, Maryland, for producing AESA tactical radars. The company plans to add 80 jobs by 2023 and invest close to $4 million.
Nucor is planning a $300 million expansion of its Berkeley mill in South Carolina, with $40 million for construction and $260 million for equipment, creating at least 50 jobs.
E.I. Williams Industries will establish a manufacturing facility in Sarepta, Louisiana, to produce industrial sound-control equipment, creating 100 jobs with a $700,000 capital investment.
Navistar broke ground on a $125 million expansion of its manufacturing facility in Huntsville, Alabama, adding 110,000 square feet and 145 jobs to produce next-generation big-bore powertrains.
Texas Instruments is building a new 300mm (12-inch) wafer fab at its Richardson facility in Texas, expected to be completed by the end of 2021.
Calpine Corp acquired a 25% stake in the 615 MW Russell City Energy Center, a combined-cycle gas turbine power plant in Hayward, California, from GE Energy Financial Services.
Chromatic Industries acquired certain assets and the principal business of Quality Oil Tools in Jennings, Louisiana, in 2017, operating it as a subsidiary, Chromatic Oil Tools.
On January 12, 2018, Curtiss-Wright Flow Control acquired a license from Chromatic Industries to use its patented valve technology in the nuclear power generation market.
Landev Engineers acquired civil engineering firm Cates-Clark & Associates on February 12, 2020.
Hyperion Water Technologies will purchase its first Aquafortus commercial processing plant in April 2020 with a capacity of 10,000 barrels of brine per day.
PetroH2O, Aquafortus' US licensee, entered a joint venture with Pilot Corporation to form Hyperion Water Technologies, with a $25 million commitment to deploy Aquafortus ZLD technology in the US oil and gas market in 2020.
Esmalglass-Itaca Group signed an agreement to acquire the Tile Coatings Business of Ferro Corporation for USD 460 million in cash, with potential additional USD 32 million. Closing is expected no earlier than summer 2020, subject to regulatory approval.
Trader Interactive purchased The Cosby Harrison Company, owner of Trade-A-Plane, NextTruck, Rock & Dirt, and Tradequip marketplaces. The acquisition supports Trader Interactive's expansion in commercial trucking and equipment industries.
Hormel Foods will spend $60 million to renovate the old Shopko Distribution Center building in Papillion, Nebraska, to produce Spam, Jennie-O turkeys and Skippy peanut butter. The plant will create about 200 jobs.
Hearing Lab Technology is expanding production by introducing a larger 40-liter Aridion nano-coating system from P2i, increasing the volume of hearing aid devices treated and expanding to headsets and electronics.
Kal-Polymers is spending up to $4 million to install an integrated processing line at its Flowery Branch, Georgia plant. The line, designated Line No. 4, boosts PP recycling capacity and can handle higher contamination levels, producing fully compounded resins.
The U.S. Navy has awarded Ameresco a task order to implement a $58 million energy resiliency project at Portsmouth Naval Shipyard in Kittery, Maine. The project includes a new 7.5 MW CHP plant, battery storage, and microgrid controls.
Olin and Univar Solutions have signed a new U.S. national distribution contract for epoxy resins.
Douglas Machine Shop, Inc., a custom metal fabricator and machine shop, plans to expand its operations in Chesterfield County, South Carolina, with a $2.5 million investment creating 13 new jobs. The expansion will add 8,000 square feet and is expected to be completed by mid-March 2020.
Novelis, a subsidiary of Hindalco Industries, has completed its acquisition of US-based aluminum rolled products producer Aleris Corporation. The deal is expected to generate about USD 150 million in synergies.
Mauser Packaging Solutions is investing in new quart and gallon F-style metal can lines at its Memphis, Tennessee facility to more than double combined capacity. The gallon line is expected to be operational in Q3 2020.
Ardurra Group acquired multidiscipline engineering firm LNV on February 11, 2020.
PGI Steel recently purchased a new Doosan DBM 2540 double column machining center for its Birmingham, Alabama facility. The machine is expected to be installed and producing in Q2 2020.
U.S. Steel's $412 million electric arc furnace at its Fairfield Tubular Steel plant in Fairfield, Alabama, is nearing completion. The furnace will employ about 150 full-time employees and produce 1.6 million tons of steel per year, with production expected to begin in the second half of 2020.
United Gear & Machine Co., Inc. is adding nearly 8,000 sq ft of new manufacturing space at its South Suffield, Connecticut facility. Three new CNC gear shapers are on order and will arrive when the building is finished later in spring 2020.
Soft-Tex International merged with Reactex Technology Group LLC and acquired all of its intellectual property, patents and pending patents. Reactex was a joint venture between Soft-Tex and Radiant Thermodynamics.
Simmons Machine Tool Corporation received a nearly $14 million contract for wheel reprofiling machines, including five new Stanray TN-84C Wheel Truing Machines, a Stanray M3 Underfloor Wheel Truing Machine, and upgrades to four existing machines. It is the largest machine order in company history.
Comfort Systems USA acquired Starr Electric Co., an electrical contractor founded in 1928 with offices in North Carolina and South Carolina.
Terex announced the merger of its Tower and Rough Terrain crane operations into its Materials Processing division. Marco Gentilini will report to Kieran Hegarty, president of Materials Processing.
Collins Aerospace plans to invest $145 million to expand its carbon brake manufacturing facility in Spokane, Washington, by more than 50% (75,000 sq. ft.), creating 50 new jobs. Expansion slated to begin in 2021.
Collins Aerospace announced plans to open a new 110,000 sq. ft. Landing Systems facility in Fort Worth, Texas, for wheel & brake MRO and landing gear assembly, creating 40 new jobs.
Gryphon Investors signed a definitive agreement to make a strategic investment in Pacur LLC, a supplier of extruded PETG sheet for medical device packaging based in Oshkosh, Wisconsin. Terms were not disclosed and the founding family and management will remain owners.
Petoskey Plastics closed on $20 million in New Markets Tax Credits to finance a new rail-served recycling and manufacturing facility in McKinney, Texas, creating 154 jobs. The announcement was made on February 11, 2020.
Leonardo DRS was awarded a contract worth up to $808 million to provide a suite of electronic products to link C5ISR equipment to combat vehicles across the armed services and for federal agencies.
Rimkus Consulting Group acquired mechanical and electrical engineering consulting firm Amset Technical Consultants on February 10, 2020.
NTN Driveshaft will invest $58 million and create up to 140 new jobs to expand its driveshaft production facilities in Anderson, Indiana.
Tooling Tech Group announced the completion of a 14,000 sq. ft. expansion at its TTG Automation facility in Temperance, Michigan, bringing total size to 59,000 sq. ft., on February 10, 2020.
SAFTI FIRST announced the second phase of an $8 million expansion at its fire rated glass manufacturing facilities in Merced, California, adding a 45,000 sq. ft. building with automated equipment.
Comar is building a new 230,000 sq. ft. custom facility in Rancho Cucamonga, CA, consolidating operations from existing plants in Rancho Cucamonga and Garden Grove. Construction is planned to begin in spring 2020, with production startup by the end of 2020.
Premier Automation has opened a new facility in Forsyth County, Georgia, to manufacture customized electrical control panels for regional customers. The facility began production in October 2019.
Collins Aerospace announced plans to open a new Landing Systems facility in Fort Worth, Texas, as part of a $225 million investment across three projects. The company expects to create more than 100 jobs across all projects.
Collins Aerospace is investing $145 million to expand its carbon brake manufacturing facility in Spokane, Washington, adding three buildings totaling 75,000 sq ft. The expansion is slated to begin by 2021 and will create 50 jobs.
Coats Group plc completed the acquisition of Pharr High Performance Yarns from Pharr Yarns, LLC for $37 million on February 10, 2020. The deal was signed on November 25, 2019.
Intertape Polymer Group agreed to acquire substantially all operating assets of Nortech Packaging, a maker of automated packaging machines near Chicago, Illinois, for about $36.5 million in cash plus potential earn-out. The deal was announced on February 10, 2020.
Valeritas Holdings agreed to sell substantially all of its business to Zealand Pharma A/S. The transaction includes retention of nearly all Valeritas employees and is being conducted through a Chapter 11 bankruptcy process with a stalking horse bid.
The NATO Support and Procurement Agency (NSPA) awarded an $84 million contract to Terma Denmark for delivery of Pylon Integrated Dispensing System Universal (PIDSU) and other hardware for U.S. Air National Guard F-16s. Delivery will start in late 2020 over five years.