Cataler North America Corporation, a Toyota affiliate, plans to construct a 100,000-square-foot manufacturing facility in Hickory, North Carolina, for automotive catalysts. The project involves a minimum investment of $42 million and creation of 151 jobs over five years.
Marglen Industries has revealed plans for a major expansion of its plastic recycling plant in Rome, Georgia, involving recycling of industrial fibers and used plastic beverage bottles into new polyester fibers and bottle-grade pellets.
FDH, CA has acquired AEROSPHERES UK, an aftermarket chemicals/consumables distributor, from Acorn Growth Companies, and also BTC ELECTRONIC COMPONENTS, a distributor of high-performance connectors and accessories.
Polyglass U.S.A., Inc. has opened a new 62,000-square-foot facility in Phoenix dedicated to manufacturing premium roof coatings and primers, doubling manufacturing capacity.
Wieland North America announced it has entered into a definitive agreement to acquire the business of specialty metals reroller Scott Brass through an asset purchase transaction.
AAON Coil Products Inc. will build a new $30 million, 195,000 sq ft HVAC manufacturing facility adjacent to its existing plant in Longview, Texas, creating 155 jobs. The project is financed in part by $23 million in New Markets Tax Credits.
Cree Inc. spent $8 million to purchase 7 acres of property and expand its campus east of Research Triangle Park, including a four-story, 81,000-square-foot office building.
Reliance Steel & Aluminum Co. has agreed to purchase all outstanding capital stock of Fry Steel Company, a general line and long bar distributor in Santa Fe Springs, California. The transaction is expected to close in early 2020; terms were not disclosed.
PLZ Aeroscience Corporation acquired Liquid Technologies, Inc., a contract formulator and manufacturer of professional hair and skin care products, from Frontenac Company. Financial terms were not disclosed.
Sectra's medical image management system will be installed at 14 hospitals in the US after BJC Healthcare purchased the system.
Valmet will supply an Advantage ThruAir tissue machine to Irving Consumer Products for its mill in Macon, Georgia, adding 75,000 annual tonnes of capacity. The order value was not disclosed.
Dantherm Cooling announced the grand opening of its new 42,000 sq. ft. global headquarters in Spartanburg, South Carolina, housing corporate sales offices, engineering design suites, full manufacturing space, a custom showroom, and a UL-certified lab. The company expects to add up to 100 new employees over the next few years.
CoolSys, a parent of refrigeration and HVAC services companies, has announced the acquisition of Tech Mechanical, a provider of commercial and industrial HVAC and refrigeration services in Southeast Michigan, expanding CoolSys' market presence into Michigan.
VIRTEX, an Austin-based EMS provider, has announced the acquisition of Precision Technology (PTI), a Plano, Texas-based EMS provider serving the aerospace and defense sector in a high-mix, low-volume production environment.
MEYER launched MEYER Aftermarket Services (MAS), offering inspection, machining, welding, repair, remanufacture and recertification of oilfield pressure control equipment, led by Mike Colby and Shane Wood. The launch was announced on December 17, 2019.
MEYER announced the acquisition of Texas West BOP (TWBOP), headquartered in Odessa, Texas, adding service locations in US shale basins. The announcement was made on December 17, 2019.
Valmet received a repeat order from Irving Consumer Products in the United States for a complete tissue production line with an Advantage ThruAir machine. The line will add 75,000 annual tonnes of tissue capacity and is planned to start up in 2022.
The U.S. Army Engineering and Support Center, Huntsville awarded a $400 million IDIQ contract to Johnson Controls for expansion and upgrades of Metasys Building Automation Systems for the Army Corps of Engineers' Utility Monitoring and Control Systems program.
Shimtech Industries has acquired Fastener Technology Corp. (FTC), a North Hollywood-based supplier of high-strength specialty fasteners for aerospace applications. FTC serves over 400 customers including Lockheed Martin and Boeing.
Ultra Electronics USSI was awarded a $24,865,776 contract by the Naval Undersea Warfare Center to manufacture hydrophones for U.S. Navy submarine sonar systems, with completion expected by July 2024.
Transtar Industries acquired the assets of Dean Transmission Parts of Agawam, Massachusetts. Dean will continue operations under Transtar's name, increasing coverage in the New England market.
Aspen Surgical Products, Inc. acquired Beatty Marketing & Sales LLP, a provider of orthopedic disposable products. The deal advances Aspen's leadership in orthopedic disposables.
Eagle Roofing Products has begun a significant expansion at its Sumterville, Florida manufacturing plant, including a 90,000 square foot addition and a fourth high-speed production line to increase capacity by nearly 30%. Completion is expected in Spring 2020.
Ohio Transmission (OTP Industrial Solutions) acquired Keller Electrical, a Phoenix-based industrial motor manufacturing and repair company. The terms of the transaction were not disclosed.
Hyosung Heavy Industries agreed to buy Mitsubishi Electric Power Products' industrial transformer plant in Memphis, Tennessee for $46.5 million. The acquisition will establish a local production base for Hyosung in the U.S. market.
Ferro Corporation signed a definitive agreement to sell its Tile Coatings Business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group (portfolio company of Lone Star Funds), for $460 million in cash, with potential additional $32 million based on pre-closing performance. The transaction is subject to regulatory approvals and customary closing conditions.
Buckeye Corrugated Inc. (BCI) opened a new 260,000-square-foot corrugated sheet plant in Houston, Texas, on December 16, 2019, with equipment transferred from its existing site and several new machines added.
ELGi Equipments received approval to acquire 100 percent of Michigan Air Solutions LLC, a Michigan-based air compressor distributor, through its US subsidiary. The total consideration is around US$6 million.
New-Indy Containerboard plans to invest $240 million to convert its recently acquired Catawba, South Carolina pulp and paper mill from lightweight coated paper to containerboard grades.
Covestro's Supervisory Board approved a EUR1.5 billion investment to build a new 500 kiloton MDI plant at its existing site in Baytown, Texas. The plant is expected to open for production in 2024.
Bouckaert Industrial Textiles announced the addition of three new pieces of equipment coming online in January 2020, including a Bematic card and two Shoou Shyng needle looms, with total capital investments of $1.9 million.
Temp-Con Inc. closed its acquisition of Cobb Refrigeration on December 13, 2019. Cobb Refrigeration is a commercial refrigeration, heating and air conditioning service and installation company. Financial details were not disclosed.
R-V Industries acquired a 44,000 square foot facility on 13 acres adjacent to its headquarters in Honey Brook, Pennsylvania, to consolidate locations and support growth plans. The company operates 160,000 square feet across four Pennsylvania locations.
Solomon Corporation has entered into a partnership with Niagara Power Transformer to expand power transformer capabilities and market penetration. The partnership is effective immediately and offers long-term opportunities.
Blackhall Valves of the United Kingdom was contracted by the Tarrant Regional Water District to supply the largest gate valves for the Integrated Pipeline Project, which completed phase one in spring 2019.
Korea-based Hyosung Heavy Industries will invest $86.9 million to create 410 jobs at a new US production facility in Shelby County, Memphis, Tennessee, making power transformers. Production is planned to start by the first half of 2020.
JUST (Eat JUST, Inc.) has acquired a 30,000-square-foot facility and 40 acres of land in Appleton, Minnesota, previously operating as Del Dee Foods. The facility will be used for protein extraction processing for JUST Egg, and JUST plans to expand its footprint there.
Arcline Investment Management has signed a definitive agreement to acquire Fairbanks Morse, an EnPro Industries company, for $450 million. Fairbanks Morse manufactures heavy-duty engines for marine and power generation applications.
Airbus has acquired MTM Robotics, an industrial automation company based in Mukilteo, Washington, for an undisclosed sum. MTM will operate as a wholly owned subsidiary of Airbus Americas.
Qorvo has signed a definitive agreement to acquire Active-Semi, a power management and intelligent motor drive company. The acquisition combines Qorvo's RF expertise with Active-Semi's power management solutions.
GE Healthcare Life Sciences will expand its operations in Cache County, Utah, creating up to 68 new jobs over five years with a $31 million capital investment and 20,000 square feet of new space.
The U.S. Army awarded GE Aviation an IDIQ contract valued at more than $1B for the continued production of up to 1,700 T700 turboshaft engines through 2024.
Arvin Sango, Inc. will expand its existing manufacturing operations in Henderson, Tennessee, creating 153 new jobs in Chester County over the next five years. It is the company's third Henderson expansion since 2008.
Schlumberger's OneSubsea has received an engineering, procurement and construction contract from Chevron to supply subsea production trees, multiphase flowmeters, manifolds and a multiphase pump station for the deepwater Anchor field in the US Gulf of Mexico. The award was made in March and disclosed in December 2019.
Cascades Inc. is exercising its option to buy the 20.2% interest held by CDPQ in Greenpac Holding LLC, a lightweight containerboard mill in Niagara Falls, New York, for about $93 million. The deal is expected to close January 3, 2020, raising Cascades' stake to 86.3%.
Addipel opened a new 40,000-sq-ft warehouse and production facility in Elyria, Ohio, including ribbon blenders, high-speed mixers, compaction mills, and custom packaging services.
U.S. Farathane LLC is expanding its injection molding facility in Westland, Michigan, with a $20 million investment.
k-Space Associates, Inc. broke ground on a second building in Dexter, Michigan, to expand production capacity and R&D space for thin-film and industrial metrology tools. The facility is expected to be ready for move-in in June 2020.
Otsuka Holdings Co., Ltd. announced a merger agreement to acquire the remaining shares of ReCor Medical, Inc. The transaction is subject to ReCor's shareholder approval.
DuPont acquired Desalitech on December 11, 2019. The terms of the transaction were not disclosed.