Iowa Fluid Power (IFP) has begun construction on a $5.7 million expansion adding 44,000 square feet at its Cedar Rapids, Iowa site for manufacturing and distribution. The article is dated November 2019.
Cardinal Health 200 LLC, a unit of Cardinal Health Inc, was awarded a maximum $2.25 billion modification to a contract with the Defense Logistics Agency for ordering and distribution of medical surgical supplies.
Sientra acquired the dedicated FDA-approved silicone breast implant manufacturing operation in Franklin, Wisconsin from Lubrizol Life Science, including a turnkey facility in commercial scale-up.
Gulfstream Aerospace selected GKN Aerospace to design and manufacture floorboards, bonded fuselage panels, and empennage for the G700 business jet.
The U.S. Federal Trade Commission ordered Ottobock to divest the assets obtained from Freedom Innovations, saying the merger would weaken competition in the market for computer-controlled prosthetic knees.
Venus Concept Inc. completed its merger with Restoration Robotics, Inc., creating a combined medical aesthetics company. The combined company raised $28 million in private placement and will trade under ticker VERO.
Riviana Foods Inc. is investing $27 million to double production capacity for Minute brand microwavable rice products at its Memphis, Tennessee plant. The expansion will add approximately 25 jobs.
PDI, a global leader in infection prevention, acquired a majority share of Tru-D SmartUVC, a maker of UVC disinfection robots. The deal was announced on November 7, 2019.
DC Norris North America, a provider of industrial food processing equipment, relocated its North American headquarters to a new 7,500-square-foot office and warehouse in Traverse City, Michigan, to accommodate planned growth.
Nucor Corporation has selected SMS group to supply a single-strand continuous caster for ultra-wide and thick slabs for its new plate mill facility in Brandenburg, Kentucky, USA. The caster will have an annual capacity of 1.45 million tons.
Shorehill Capital acquired an ownership interest in Triad Technologies, a Vandalia, Ohio distributor of industrial fluid power and automation products, alongside management and the Wissman family; terms were not disclosed.
Oatey acquired Keeney Manufacturing's plastic injection moulding operation in New Hampshire, distribution facilities in Georgia and Nevada, and international subsidiaries, adding the Keeney, Plumb Pak and Belanger brands.
Time Manufacturing Company/Versalift, a manufacturer of aerial lifts, acquired BrandFX, a manufacturer of composite service bodies and fiberglass components for specialty equipment. BrandFX will continue operations in Fort Worth, Texas.
Giga-tronics received a multi-year production order from a major prime contractor for high-performance RADAR filters used in airborne military applications. The order includes a firm first-year commitment of $2.9 million and options for $5.5 million in subsequent years.
York Wallcoverings, a residential and commercial wallcoverings manufacturer, acquired Hytex Industries, a supplier of acoustical wallcovering and decorative textiles for commercial interiors and industrial markets.
Cadence Aerospace, a portfolio company of Arlington Capital Partners, acquired B&E Group's OEM Manufacturing Division, a provider of complex engine components for aerospace and defense. B&E has facilities in Southwick and Westfield, Massachusetts.
Sister companies AJ Adhesives and Mid-America Packaging acquired Holmes, Pa.-based Evco Industries.
Gabriel Performance Products, a U.S.-based specialty chemicals company, announced the acquisition of a select portfolio of alkyd resins from Deltech Resin Co.
Aircastle Limited entered into a definitive agreement to be acquired by affiliates of Marubeni Corporation and Mizuho Leasing for $32 per share, valuing the company at approximately $2.4 billion. The transaction is expected to close in the first half of 2020.
Eastman formed a carpet recycling effort to address the 3 billion pounds of carpet sent to US landfills in 2018.
Niagara Transformer announced plans to open a new $3.3 million research and development facility in Cheektowaga, New York, next month.
SureWerx USA acquired Sure Foot Corporation, the company behind the Due North brand of winter traction aids, based in North Dakota.
Cooper Machinery Services, a portfolio company of Arcline Investment Management, completed the acquisition of Reciprocating Technology Services (RTS), a TTS Energy Services company.
Life Flight Network signed a purchase agreement with Bell Textron for four Bell 429s and four Bell 407GXis to add to its HEMS aircraft fleet.
Hyster-Yale Group will invest $25.7 million to expand its facility in Berea, Kentucky by 160,000 sq. ft, greatly increasing manufacturing capacity.
Lubrizol's CDMO, now renamed Lubrizol Life Science Health (LLS Health), opened a new 5,000 sq. ft commercial manufacturing facility in Bethlehem, Pa., as part of a $60 million investment.
Angeles Equity Partners acquired Crenlo Cab Products from KPS Capital Partners and Worthington Industries Engineered Cabs from Worthington Industries, merging them into a combined business majority owned by Angeles.
CNH Industrial announced its agreement to acquire ATI Inc., a global manufacturer of rubber track systems for high horsepower tractors and combine harvesters. The acquisition includes ATI's engineering and manufacturing plant in Mt. Vernon, Indiana.
SECO Group signed an agreement to acquire 100% of InHand Electronics, a Maryland-based provider of low-power embedded systems and software for OEMs. The acquisition is subject to CFIUS approval.
Bell-Boeing received a $146 million contract modification from US Naval Air Systems Command to upgrade nine MV-22 aircraft from Block B to Block C configuration and perform planned maintenance on eight MV-22 aircraft. Work is expected to be complete in March 2022.
AAR won a $118.6 million firm-fixed price contract from Naval Air Systems Command to deliver two 737-700 IGW aircraft modified as C-40A for the U.S. Marine Corps.
CellMark Chemicals announced a new 52,000 sq ft facility for CellMark Ingredients in Naugatuck, CT, expected to become operational in Q2 2020.
ANDRITZ received an order from Steel Dynamics Inc. to supply key furnace equipment for the continuous galvanizing line #1 at its Columbus, Mississippi plant. The project includes a new Direct Fired Furnace and will be implemented in Q4 2020.
Marvell completed its acquisition of Avera Semiconductor, the ASIC business of GLOBALFOUNDRIES, for a net deal consideration of approximately $600 million.
Fluid power distributor SunSource joined forces with The Hope Group, a Northborough, Massachusetts distributor of hydraulics and pneumatics, as announced in a letter to customers and vendors on November 5, 2019; the deal was announced internally on October 31, 2019.
Aerospace manufacturer Flexial Corporation broke ground on a 10,000-square-foot expansion of its Cookeville facility, adding production capacity and an engineering environmental test lab, and plans to hire 25-30 employees within two to three years.
Louisiana oilfield services firm Danos won multiple contracts from an unnamed midstream provider to fabricate, install and automate compressor station components at five Permian Basin sites in Texas and New Mexico, with work started in June 2019.
Hunt Valve Company, a May River Capital portfolio company, completed its acquisition of Pima Valve, a maker of severe-duty bronze marine valves in Chandler, Arizona, announced November 5, 2019.
Canadian packaging firm GELPAC acquired WBC Extrusion Products of Haverhill, Massachusetts, a maker of single-use blown polymer films, as announced by advisor Woodbridge International. The deal strengthens GELPAC's North American position.
Kaman Corporation agreed to acquire Bal Seal Engineering, a maker of precision springs, seals and contacts, for $330 million in cash. Bal Seal expects about $95 million in revenue for 2019.
Pro Medicus' subsidiary Visage Imaging signed a 5-year contract with The Ohio State University Wexner Medical Center to implement Visage 7 technology across all radiology departments, valued at A$9 million.
Granite State Manufacturing (GSM) was awarded $25 million in U.S. Navy contracts to produce cable systems for Virginia-class submarines and equipment for Columbia-class submarines. The company plans to add 40-50 jobs and expand into a new site in Nashua, New Hampshire.
Lockheed Martin expanded production at its Johnstown, Pennsylvania facility for F-35 Lightning II components with a new facility and added jobs, implementing iBASEt's MES software to support growth.
Post Glover Resistors will invest nearly $4.63 million to expand its facility in Boone County, Kentucky, by 30,600 square feet, creating up to 15 jobs to support contracts for subway and locomotive fans.
Wolter Group LLC acquired Bohnert Equipment Company, a material handling equipment provider in Kentucky, to expand its Midwest footprint.
BioDirection, Inc. leased a 9,000 sq. ft. facility in Albuquerque, New Mexico to manufacture a key nanosensor component of its Tbit System for concussion diagnosis. The facility is expected to be fully operational within several months.
MAHA USA and ARI-HETRA announced a partnership to design, manufacture, sell and service heavy-duty truck maintenance shop equipment in North America, combining manufacturing at MAHA's facility in Pinckard, Alabama.
Aisin AW (AW Texas) broke ground on a $400 million automatic transmission plant in Cibolo, Texas, expected to employ 900 workers by 2023. Production is slated to begin by September 2021.
Koch Membrane Systems has acquired Eco-Tec, Inc., a leading ion exchange systems manufacturer. As part of the transformation, the company will now operate under the name Koch Separation Solutions (KSS).
ALTIVIA Ketones & Additives, LLC has completed the acquisition of Dow's Acetone Derivatives Business and associated chemical manufacturing assets at Institute, West Virginia, as well as the Institute Industrial Park. Operations were assumed on November 1, 2019.