United Technologies announced that the spin-off of its Carrier air conditioning and refrigeration subsidiary is substantially complete and expected to occur early in the second quarter of 2020.
AeroAggregates of North America closed a $24 million growth equity investment from Valterra Partners. Proceeds will expand its Eddystone, Pennsylvania facility and fund two new facilities in New England and the Southeast.
DARPA awarded BAE Systems an $8 million contract under the T-MUSIC programme to design and develop wafer-scale mixed-signal electronics on a silicon foundry platform.
Mammoet has been awarded a heavy haul and levee crossing contract for the construction of Methanex's Geismar 3 methanol plant in Louisiana, USA. The plant will produce 1.8 million US tons of methanol annually.
EVCO Plastics brought online a new UV-cured paint line in DeForest, Wisconsin, a $600,000 investment for applications in power sports, electrical housings and industrial parts.
EVCO Plastics broke ground on a 31,000 ft² addition to its Oshkosh, Wisconsin plant to accommodate two new 2500- and 3500-ton Engel presses. The new space will open in Q1 2020.
Retech Systems, a manufacturer of specialized furnaces for melting titanium, will relocate its corporate headquarters and operations from California to Buffalo's Northland campus, leasing 48,934 square feet and bringing 36 jobs with plans to grow to 80.
Georgia-Pacific will shut its Darlington, South Carolina, cup plant by September and close its current distribution center sometime in 2021. Cup customers will be served from its Lexington, Kentucky, and Lehigh Valley, Pennsylvania, plants.
Georgia-Pacific will invest more than $145 million to expand and modernize plate and bowl production at its Darlington, South Carolina, Dixie plant, with work starting in March 2020 and targeted for completion in Q1 2022. The investment includes a new plate printing press and a new warehouse and creates no new jobs.
O2 Investment Partners acquired First Class Air Support, Inc. and Cargo Repair, LLC from their founder. The transaction was completed on January 28, 2020.
Loc Performance plans to open another manufacturing facility later in 2020, either in Texas or Michigan, as part of its ongoing expansion from 240,000 to 940,000 square feet.
As a result of the U.S. Army contract, Loc Performance will invest an additional $5 million into its facilities, including 11 new machine tools, two robotic assembly lines, and automated inspection, creating 40 new jobs.
Loc Performance received a $41.4 million prime contract from the U.S. Army for track systems supporting Bradley, PIM, and AMPV armored vehicles, with an option for an additional $85 million. The work will be performed in Texas and Michigan facilities.
Texas Instruments is continuing construction of a new 300mm wafer plant in Richardson, Texas. The shell of the building is expected to be completed in late 2021, with tool installation and staffing dependent on market demand.
Texas Instruments announced it will close two 150mm wafer plants in Dallas and Sherman, Texas, over the next three to five years, affecting about 500 employees each. The closures are expected between 2023 and 2025.
Construction Supply Group, a portfolio company of The Sterling Group, has acquired Hub Construction Specialties, a construction supply and concrete accessory provider with 15 branches in California and Arizona.
Maxcess announced its intent to merge with RotoMetrics, combining their web handling and precision cutting die businesses under the Maxcess International name.
AeroAggregates LLC announced a $24 million investment from Valterra Partners LLC to add a third production line at its Eddystone plant and open new plants in New England and a Southeastern state in 2020.
Raytheon was awarded a $403M System Demonstration Test Articles contract by the U.S. Navy for the Next Generation Jammer Mid-Band. The test pods will be delivered to the fleet after testing, with Initial Operating Capability targeted for 2022.
TSI Solutions acquired the assets, employees, and customer contracts of SherTek, an industrial automation solutions provider in Georgia. The combined business will operate under the TSI Solutions brand.
Conagra Brands will invest $31.9 million to expand its Fort Madison, Iowa, production facility, adding 91 jobs. The expansion includes new equipment for canned beans production, with installation starting July 2020.
Silgan Holdings signed a binding offer to acquire the dispensing business of Albea for $900 million, adding engineered pumps, sprayers and foam dispensing solutions for personal care. Completion is subject to regulatory approvals and is expected in the first half of 2020.
IHI announced it will expand its automotive turbocharger plant in Illinois, USA, investing about 4 billion yen and raising annual capacity to 1.5 million units by fiscal 2021. The expansion adds an adjacent building and assembly equipment, with mass production starting in December 2020.
Graphic Packaging agreed to acquire Greif's Consumer Packaging Group business for approximately $85 million, adding seven US converting facilities with over $200 million in annual revenue, with closing expected in Q1 2020.
BorgWarner agreed to acquire Delphi Technologies in an all-stock transaction valuing Delphi's enterprise value at approximately $3.3 billion, strengthening its power electronics and propulsion capabilities.
Valencell secured financing from strategic investors led by Halma, with participation from existing investors, to accelerate investments in biometric sensor systems and blood pressure technology. Terms were not disclosed.
Valencell and SunTech Medical signed a multi-year collaboration agreement to jointly develop clinical-grade blood pressure solutions augmented with PPG sensor technology.
AkzoNobel's Chemcraft brand partnered with Alabama-based start-up DM Supplies to distribute its wood coatings to woodworking professionals in North and Central Alabama.
H2O Innovation closed a US$200 million platform-level project debt facility to finance the acquisition, construction, and development of water infrastructure assets across the United States.
Hilltop Opportunity Partners, along with WestFront Capital Group, acquired a non-controlling interest in Moser Energy Systems, a provider of natural-gas-powered generators. The Moser founding family retains ownership alongside the investors.
Rolls-Royce has secured a $69M contract from the U.S. Air Force to support the T56 aircraft engine under the Component Improvement Program. Work will include development, modifications and repairs, and will take place in Indianapolis through Dec. 31, 2029.
Salini Impregilo (now Webuild) has signed a USD153M contract with the Northeast Ohio Regional Sewer District to build the Dugway Storage Tunnel in Cleveland, Ohio. The tunnel is 4.5 km long with an 8-metre diameter.
Precision Castparts Corp. announced it will invest $128 million in two facilities on 31 acres in Mason, Ohio: a concept research and development integration center for its PCC Aerostructures division and a manufacturing innovation center for its SPS Technologies business. The campus is expected to bring 190 new employees.
HollyFrontier chose Topsoe's HydroFlex technology for a large renewable diesel unit at its Artesia refinery in New Mexico, with Topsoe licensing and supplying engineering, equipment, catalysts and services.
Klinger Group closed a stock purchase agreement to acquire GPI, a West Texas industrial sealing company headquartered in Borger, effective January 1, 2020. GPI operates four business locations in Texas.
Broadcom has entered into long-term contracts with Apple to supply wireless components and modules into 2023. The deals, supplementing a 2019 contract, are projected to pay out $15 billion to Broadcom.
Mueller Water Products is building a finished goods brass foundry in Decatur, Illinois, expected to employ 250 workers and increase production capacity for the water infrastructure industry.
Safran Nacelles' large jet engine exhaust system, produced primarily in titanium, took flight on the maiden flight of Boeing's 777X jetliner on January 25, 2020. This marks the first major supplier program for Safran Nacelles with Boeing.
Maruho Medical, the U.S. orthopedic subsidiary of Maruho Co., acquired Valeris Medical, an orthopedic surgical device manufacturer. The deal closed on January 24, 2020; terms were not disclosed.
Johns Manville announced plans to build a polyiso production plant in Hillsboro, Texas. Construction is expected to begin later in 2020, with completion anticipated in mid-2021, creating over 50 jobs.
A startup subsidiary of Aircraft Solutions will create 475 jobs and invest nearly $100 million to establish a new aircraft recycling operation at the Global TransPark in Kinston, North Carolina.
MiTek has acquired US-based Hornet Saw Systems and related software by iN4 Solutions, Inc., broadening MiTek's automation solutions for component manufacturers.
CEMEX Ready Mix USA will deliver approximately 80,000 cubic yards of ready-mix concrete for the $530 million 1105 West Peachtree complex in midtown Atlanta, developed by Selig Enterprises.
Smith & Nephew completed the acquisition of US firm Tusker Medical, developer of the Tula System for ear tube placement in children without general anesthesia. Terms were not disclosed.
Loar Group Inc., a subsidiary of JLL Partners, plans to acquire Culver City-based Pacific Piston Ring Co. Inc. Terms were not disclosed.
Smith+Nephew acquired California-based Tusker Medical, developer of the Tula System for in-office ear tube placement, to complement its ENT portfolio.
Bristow Group Inc. and Era Group Inc. have entered into a definitive agreement to combine in an all-stock transaction. The combined company will be named Bristow and will have a fleet of more than 300 aircraft, strengthening its global leadership in offshore aviation transportation and search and rescue.
Pactiv Corporation will invest a minimum of $8 million to expand its Greensboro facility in Guilford County, North Carolina, creating 25 new jobs, as announced by Governor Roy Cooper on January 24, 2020.
Prodways Group, a French 3D printer manufacturer, acquired a minority stake in US-based XD Innovation, a Dassault Systèmes Platinum Business Partner, to set up XD Innovation Europe.
Burns & McDonnell was selected as EPC contractor by the New York Power Authority for a $134 million electrical control system modernization at the 2,525-MW Robert Moses Niagara Power Plant, part of a $1.1 billion Next Generation Niagara program.