Faurecia plans to invest $10.7 million and create 505 jobs to assemble automotive seats, seat frames, foam cushions and seat covers at two plants in Highland Park.
The U.S. Air Force awarded a $10.9M contract to Raytheon and an $8.1M contract to BAE Systems to develop radio frequency components and subsystems under the T-MUSIC and DiSCO programs.
J.G. Petrucci announced steel topping out at a new 57,000 sq ft warehouse for Permadur Industries dba SISSCO Material Handling in Hillsborough, New Jersey. The facility will streamline operations and increase manufacturing of overhead crane and lift equipment, with completion slated for year-end 2019.
Siemens was awarded a 17-year, $9.2 million contract by the City of Deerfield Beach, Florida, for energy performance services including HVAC replacements, lighting upgrades, a CNG fueling station, and solar PV panels across more than 20 city facilities.
Evapco announced the expansion of its LCR-C line of low-charge packaged ammonia chillers with new LS and LD models, increasing capacity to 250TR for process cooling and 400TR for air conditioning.
NIBCO agreed to acquire the entire Milwaukee Valve Company, including its products, facilities and assets, with the deal expected to close in the fourth quarter of 2019 pending regulatory approvals. Terms are confidential.
North Branch Capital's portfolio company Randazzo merged with Vredevoogd Heating and Cooling, based in Grandville, Michigan, marking North Branch's eleventh transaction since 2014.
De Nora Water Technologies inaugurated a $29 million greenfield electrode manufacturing facility in Mentor, Ohio, USA. The 110,000 sq ft plant will reduce lead time and optimize capacity, with an additional process line planned for implementation in the next two years.
Aptiv and Hyundai Motor Group announced a 50/50 joint venture valued at $4 billion to develop autonomous driving technology, with Aptiv contributing its technology and about 700 employees. The venture will be based in Boston and aims for a production-ready platform by 2022.
ORAFOL Europe GmbH acquired Kay Automotive Graphics, including its subsidiaries Kay Premium Marking Films and Kay Graphicas Automotrices, to strengthen its position in the solid-color wrap and OEM automotive markets.
Boeing won a $227 million delivery order to procure main and nose landing gear assemblies for F/A-18E/F Super Hornet and EA-18G Growler aircraft. General Electric also won a separate Navy award. Total contracts are worth $446 million.
The Water Authority of Dickson County contracted J. Cumby Construction to upgrade and expand the Fairview Wastewater Treatment Plant in Fairview, Tennessee. The $5.7 million project will increase plant processing capacity to over 2.2 million gallons per day.
Elutriate Systems and Aries Tek LLC announced the merger of their business operations to offer turnkey wastewater solutions for wine and brewery industries. The combined entity will operate under the Aries Tek brand.
Align Capital has acquired Southwest Elevator Co., a Texas-based company. The acquisition was announced on September 24, 2019.
Graphic Packaging Holding Company announced a $600 million investment in a new coated recycled board (CRB) machine at its Kalamazoo, Michigan mill. The machine is expected to have an annual capacity of approximately 500,000 tons and be the largest and lowest cost producer of CRB in North America.
StandardAero Component Services celebrated the grand opening of a 30,000 sq. ft. expansion of its Hillsboro, Ohio engine component manufacturing and repair facility on September 20, 2019. The expansion adds capacity for aerospace engine low pressure turbine vane manufacturing.
Extruflex is planning a $1 million investment in its Pelham, Alabama facility to create a new factory within its current facility and expand its product line, adding 16 jobs.
Solvay will increase soda ash production capacity by 600 kilotonnes at its Green River site in Wyoming, USA, and expand sodium bicarbonate capacity by 200 kilotonnes at its Devnya plant in Bulgaria. Total investment is €185 million over three years.
Zimmer Biomet acquired SIG Medical, developer of the AdvantageRib System, a minimally invasive rib fixation system. Terms were not disclosed.
Hyundai Motor Manufacturing Alabama announced a nearly $300 million investment in new machinery and equipment for its Montgomery factory to support production of redesigned Elantra and Santa Fe vehicles and a new Theta engine. Projects start in November 2019 and complete by April 2020.
Danfoss announced a partnership with master distributor Motors & Armatures, Inc. (MARS) to sell and support aftermarket Danfoss cooling products to HVACR wholesalers across North America. MARS will stock Danfoss components and compressors and begin servicing wholesalers immediately, with plans to support existing Danfoss wholesale partners by early 2020.
Kruger Plastics plans to invest $4 million to consolidate two Michigan plants into a new site in South Bend, Indiana, transferring 90 jobs and creating 30 new jobs.
TemperPack announced a significant expansion of its production facility in Las Vegas, Nevada, to manufacture ClimaCell packaging material. The company invested $6.8 million and created 33 new jobs.
FMH Conveyors announced the expansion of its product offering to include the Motion06 portfolio of high-performance conveyor modules for the American e-commerce and parcel distribution markets. The Motion06 technology was unveiled at Pack Expo on September 23, 2019.
The American arm of Bharat Forge will build a new aluminum forging factory in Sanford, North Carolina, with an investment of over $56 million. The facility will focus on manufacturing lightweight components.
Merck KGaA completed its acquisition of Intermolecular, Inc., a California-based advanced materials innovation company, for $1.20 per share in an all-cash transaction representing an equity value of approximately $62 million. Approximately 90 employees at Intermolecular's R&D site in San Jose, California will join Merck KGaA's Performance Materials business.
Cree is continuing a mega materials factory expansion at its global headquarters in Durham, North Carolina, to increase silicon carbide material production capacity.
Honeywell announced it will have selling rights to KE2 Therm Solutions' smart controllers for the refrigeration industry in the grocery vertical. KE2 Therm will also sell Honeywell Multisite technologies. The agreement aims to help grocers, convenience stores and restaurants lower energy costs.
Matalco, based in Toronto, will hold a groundbreaking ceremony on October 1, 2019, for its new $80 million aluminum recycling plant in Wisconsin Rapids, Wisconsin. The 110,000 sq. ft. plant will produce over 230 million pounds of aluminum billet per year and employ 80 people.
Zoll Medical, an Asahi Kasei subsidiary, was awarded a maximum of more than $8.4 million by the U.S. Defense Department for dual-aeromedical certified defibrillators and accessories. The one-year base contract has four one-year options and a performance completion date of September 18, 2020.
Neaton Auto Products Manufacturing Inc., a subsidiary of Japan's Nihon Plast Co. Ltd., plans a $15 million expansion at its facility in Eaton, Ohio.
Double E Company LLC, a portfolio company of River Associates Investments, has acquired Schlumpf Inc., a provider of material handling solutions for rolled goods manufacturing. The acquisition closed on September 20, 2019. Terms were not disclosed.
Airtech Advanced Materials Group, a vacuum bagging and composite tooling materials manufacturer, will invest $13 million and create approximately 30 new jobs at its existing facility in Springfield, Tennessee.
Montrose Environmental Group has acquired Emerging Compounds Treatment Technologies (ECT2) from Haley & Aldrich, Inc. Terms were not disclosed.
Mitsubishi Heavy Industries Engineering has completed construction of a large-scale polyethylene production train for ExxonMobil in Beaumont, Texas, with a capacity of 650,000 tonnes per year.
CEMEX has finished supplying over 170,000 cubic yards of concrete for the construction of the Chase Center in San Francisco, California, which opened in September 2019.
Elmos Semiconductor AG signed an agreement to sell its stake in Silicon Microstructures Inc. (SMI) to Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd., based on a net debt-free enterprise value of USD 95.0 million. Closing is expected in 2019.
CQMS Razer agreed to acquire the mining products and associated IP of California-based Berkeley Forge & Tool, including patents and trademarks, to expand its global market presence.
II-VI obtained antitrust clearance from China for its acquisition of Finisar, with closing expected on or about September 24, 2019. The deal has an equity value of approximately $3.2 billion.
Partners Group agreed to acquire a 50 percent stake in EnfraGen, a Latin American specialty power generation developer, from Glenfarne Group. The transaction includes a primary capital infusion to fund EnfraGen's acquisition of the Termoflores gas turbine asset in Colombia.
SMC Packaging Group is expanding its Partnership Industrial Center plant in Springfield, Missouri, as part of a multiphase project. Phase II, with an estimated cost of $13.5 million, adds rail siding and manufacturing and storage space, with completion estimated for February 2020.
Marvell Technology Group completed its acquisition of Aquantia Corp. for approximately US$452 million, combining Marvell's networking solutions with Aquantia's Multi-Gig automotive PHYs.
Ericsson announced it has chosen Lewisville, Texas for its new 300,000-square-foot fully automated smart factory to produce 5G and Advanced Antenna System radios. The facility, Ericsson's first 5G smart factory in the U.S., will begin commercial operations early next year and initially employ about 100 people.
Biocoat, a maker of hydrophilic coatings for medical devices, has built an in-house finishing lab and hired 10 workers, backed by a controlling investment from 1315 Capital. The company now employs 70, up from 58 at the time of the acquisition.
Navistar announced it will invest over $250 million to build a new manufacturing facility for International Trucks in the San Antonio area, creating about 600 jobs. The plant will build Class 6-8 vehicles and is expected to begin production approximately two years after groundbreaking later in 2019.
Toyota Tsusho America and Modumetal signed a non-binding MOU to form a joint venture called ModuTAI, which will build a new production facility in Houston, Texas, to produce NanoGalv nano-laminated alloy coatings for industrial fasteners. The facility will increase capacity over 10 times to over 100 tons per month.
Kobe Steel subsidiary KPEX held an opening ceremony for a new automotive extrusion plant in Bowling Green, Kentucky. Integrated production began in November 2018.
Azelis Americas CASE entered an agreement with BASF to exclusively distribute BASF's Intermediates product line (PolyTHF, 1,5 Pentanediol, 1,6 Hexanediol, Capromer Poly-CLO) into the CASE and Plastics markets in the U.S., effective October 15, 2019.
Rolls-Royce Corp. was awarded a $23,746,128 task order to procure high pressure compressor stator vane assemblies for T-45 F405-RR-401 Adour engines. Work will be performed in Kingsville, Texas; Meridian, Miss.; Pensacola, Fla.; and Patuxent River, Md., with completion expected by February 2023.
RAI Industrial Fabricators, LLC will build a new steel fabrication facility in Martin Bridge, Banks County, Georgia, investing $20 million and creating 30 new jobs. The facility will double the company's existing capacity.