MHS, a provider of material handling automation, has acquired eMotion Controls Co., a controls system integration and software company based in Grand Rapids, MI. The acquisition will support MHS's Lifecycle Performance Services growth plan.
TPG Capital completed the acquisition of Denali Water Solutions, a specialty waste and environmental services company, from The Firmament Group. Financial terms were not disclosed.
Hanwha Aerospace acquired EDAC Technologies in late 2019, renaming it Hanwha Aerospace USA. The Connecticut-based company produces aircraft engine components for GE, Pratt & Whitney, and others.
Primoris Services Corporation, through its Heavy Civil segment, was awarded a contract valued over $54 million by the Louisiana Department of Transportation and Development for infrastructure work in southern Louisiana.
Numalliance acquired the assets of Addition Manufacturing Technologies in the US and Mexico via a new company, AddEaton by Numalliance, including patents and brands.
Sigmatex announced on January 22, 2020, the launch of a recycled carbon fiber non-woven fabric produced from internal and customer waste streams, with area weights from 100-600 gsm.
Peterson Farms, a fruit processor in Shelby, Michigan, announced a $22 million expansion adding 35,500 square feet and 54 jobs, including juice bottling and applesauce production lines, with construction underway and completion expected by end of 2020.
Material Handling Systems Inc. (MHS) acquired controls system integration and software company eMotion Controls Co. Terms were not disclosed. eMotion will be added to MHS's Lifecycle Performance Services unit.
SANY completed a $500,000 expansion project adding 51,200 square feet of manufacturing space at its Atlanta, Georgia headquarters, increasing excavator production capacity to 45 SY215Cs per month.
Regent Square Capital and Galtney Partners acquired Generator Source LLC, a commercial standby generator sales and service provider based in Brighton, Colorado, from founder Ed Vecchiarelli, Sr.
The City of Houston chose VTScada as the SCADA software platform for the Northeast Water Purification Plant expansion, a $1.4 billion project that began construction in fall 2017 and is scheduled for completion in 2024.
Thomaston Mills announced it has completed a major capital improvement project at its Thomaston Mills Finishing plant in Easley, South Carolina. The plant, acquired in 2018 and formerly known as Palmetto Finishing, has been revitalized with new equipment and systems.
Aeris Communications and Volkswagen Group of America formed Ventic LLC, a joint venture 51% owned by VW and 49% by Aeris, to develop connected vehicle platform technologies for Volkswagen vehicles in North America, starting with the Car-Net platform later in 2020.
Minth Group will invest $87 million to expand its manufacturing operations in Lewisburg, Tennessee, creating 254 new jobs. The company will construct a 236,000-square-foot facility for production of injection-molded, painted and chrome-plated plastic components for automotive OEMs, to be completed by 2021.
General Motors committed to invest at least $3.5 billion in Michigan, as part of amendments to a MEGA tax credit agreement approved by the Michigan Strategic Fund. The investment supports electric vehicle and future mobility development.
KEB America announced a major expansion of its US headquarters in Shakopee, Minnesota, increasing the facility from 80,000 to 150,000 square feet. The project was slated for completion in the second quarter of 2020.
NEPA Carton & Carrier, a folding carton maker in northeastern Pennsylvania, is adding a second Koenig & Bauer Rapida 145 press, due for delivery in spring 2020, to increase its capacity by 50%.
ARCH Global Precision has acquired Arundel Machine Tool, a manufacturer of high-precision components for aerospace, defense, semiconductor, and oil and gas industries. Arundel will join the ARCH Precision Components Segment.
Minth Group plans to build a 236,000-square-foot facility in Lewisburg, Tennessee, for injection-molded and chrome-plated auto components, creating 254 jobs. The investment is $87 million.
Lanxess Corp. appointed Vinmar Polymers America to distribute its high-performance materials products, including Durethan PA-6 and -6,6 compounds and Pocan PBT compounds, in Canada, the U.S., and Mexico.
Jescraft announced it will open a new 28,000-square-foot manufacturing facility in Oxford, Connecticut, with an anticipated opening date of March 2020. The facility will initially be set up for assembly and eventually serve as a full-scale manufacturing and warehousing location.
Onkos Surgical entered a multi-year agreement with Integrum to expand the US market for Integrum's OPRA Implant System, an FDA-approved bone-anchored prosthetic technology for amputees.
Petoskey Plastics completed a $30 million, three-phase expansion at its Morristown, Tennessee facility, adding 32,000 square feet and creating 70 jobs. The expansion was funded partly by a state infrastructure grant.
Minimizer, backed by Capital Partners, acquired Premier Manufacturing, combining two heavy-duty trucking parts and accessories brands. Premier will continue operations in Tualatin, Oregon.
Tate Engineering acquired Site Support Services, a precision cooling and power solutions specialist for data centers and mission critical applications. Terms were not disclosed.
Eli Lilly and Company will invest over $470 million to build a new pharmaceutical manufacturing facility in Durham, North Carolina, creating more than 460 jobs.
Danfoss plans to close its Arkadelphia, Arkansas manufacturing facility by the end of 2020, affecting 170 employees, citing decreasing market demand for small capacity scroll compressors.
Danfoss Commercial Compressors will close its Arkadelphia, Arkansas plant by the end of 2020 because of declining demand for small scroll compressors, affecting about 170 employees. Production will be consolidated elsewhere.
IG Design Group agreed a merger to acquire US consumer product maker CSS Industries for $9.40 per share in an all-cash deal valued at about $88 million, announced January 21, 2020.
North Star BlueScope Steel announced a $700 million expansion of its plant in Delta, Ohio, expected to increase steel coil production by 40%. The project is to be completed in 2022.
Arconic Inc. announced it will separate into two standalone companies: Howmet Aerospace and Arconic Corporation, with the spin-off of its Global Rolled Products segment. The separation is on track for Q2 2020.
Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, acquired RLS Machining, Mill Creek Machining, and Murphy Machine Products on January 15, 2020. The transactions closed simultaneously; details were not disclosed.
Evoqua Water Technologies completed the upgrade of the Bellefonte Borough Authority Wastewater Treatment Plant in Pennsylvania using its BioMag system, providing a 41% organic capacity increase. The project was completed by January 20, 2020.
Two ferrous foundries, C.A. Lawton Co. and Temperform, have merged to form a specialty metals platform, coordinated by private equity firm Oakland Standard. The combination allows each foundry to access the other's products and improve value-added offerings. Financial terms were not disclosed.
INTECH Process Automation Inc. wins a project to provide control system and remote I/Os on skids for a major hydrogen diesel plant in the Southwestern US. The scope includes design, procurement, integration, and testing of over 1500 I/Os on more than 50 skids.
BAE Systems has reached a definitive agreement to acquire Raytheon's Airborne Tactical Radios business for $275 million in cash, with an expected tax benefit of approximately $50 million. The acquisition is subject to regulatory approvals and the closure of the Raytheon-UTC merger.
BAE Systems has reached a definitive agreement to acquire Collins Aerospace's military Global Positioning System business for $1.925 billion in cash, with an expected tax benefit of approximately $365 million. The acquisition is subject to regulatory approvals and the closure of the Raytheon-UTC merger.
Arcosa Inc. has agreed to acquire Cherry Industries Inc. for $296 million, making Arcosa the top player in recycled concrete material.
Orizon Aerostructures has installed a flexible manufacturing system based on nine Starrag five-axis Ecospeed machining centres at its new plant in Grove, Oklahoma, as part of a total investment of over $50 million. The FMS is the largest integrated system of its type in the western hemisphere.
Rapid Application Group held an opening ceremony for its new 15,000 ft² additive manufacturing facility at its headquarters in Broken Arrow, Oklahoma, as part of its growth strategy.
Optimized Armor has announced plans to establish operations in Rock Hill, S.C. with a $3.7 million investment expected to create 100 jobs.
Gabriel Performance Products announced the acquisition of a select portfolio of alkyd resins from Deltech Resins Co.
Nouryon has selected Green Bay, Wisconsin, as the location for a new facility to produce its Expancel expandable microspheres.
RPM International Inc. announced that its Rust-Oleum business has acquired Ali Industries LLC, a manufacturer of sandpaper and other abrasives.
Adient will invest $23.5 million to expand its manufacturing facility in Lexington, Tennessee, creating approximately 330 jobs. The expansion is the company's second significant investment in Henderson County since 2018.
Kuenz has booked an order to deliver six FreeRider RTGs to Norfolk Southern Railway for its terminal in Austell, Georgia. The cranes will be delivered for manual operation but ready for full automation.
SK Innovation is constructing a $1 billion electric vehicle battery plant in Commerce, Georgia, with 28% of construction completed. The plant will have 9.8 GWh annual capacity, is due for completion in the second half of 2021, with mass production starting in 2022. Batteries will supply Volkswagen and other EV brands.
Eagle Materials received FTC approval to acquire the assets of Kosmos Cement, a joint venture between Cemex and Buzzi Unicem, for $665 million. The acquisition includes a 1.7Msta cement plant in Louisville, seven distribution terminals, and raw material reserves, boosting Eagle's cement capacity by about 25%.
Mitsubishi & Co. has agreed to sell its entire 36.5% economic interest in the Astoria I gas-fired power generation project in New York City to a consortium including APG, MEAG, Clal Insurance and other US institutional investors.
ENF Kyle Technology, a South Korea-based company, broke ground on a $45 million, 75,000-square-foot electronics material manufacturing facility in Kyle, Texas. The company expects to hire 45 to 50 employees in the second half of 2020.