KCM Capital has acquired Mobile, Alabama-based Industrial Valve Sales & Services LLC, a provider of specialty valve services and products, with financing from PNC Mezzanine Capital, Five Points Capital and Hancock Capital Management. Financial terms were not disclosed.
GTA Containers of South Bend, Indiana received an additional $9.5 million contract modification to build collapsible fabric fuel tanks for the US Air Force, bringing the cumulative value above $15 million.
Lokeren-based Dhollandia is investing 30 million (euro, as reported) to build a new factory in the United States, its sixth site, marking its 50th anniversary.
Blue Devil Products of Charleston, SC, has purchased PJ1 Corporation of Phoenix, AZ. The acquisition is effective immediately and combines automotive sealant and performance chemical brands.
Alkaline Water Company Inc. will acquire all shares of AQUAhydrate, Inc. in an all-stock transaction. Both companies produce premium bottled water.
Conagra Brands is selling its Direct Store Delivery snacks business, including brands like Tim's Cascade Snacks and Snyder of Berlin, to Utz Quality Foods. The transaction is expected to close before the end of 2019.
Faddis Concrete Products will build a $6.7 million precast concrete manufacturing plant at 2794 Old Richburg Road in Richburg, South Carolina, creating 60 jobs. The site is expected to be operational by the end of 2019.
Yanmar Group completed the acquisition of 100% of ASV Holdings Inc., a compact equipment manufacturer, for total consideration of $70.70 million.
Linde+Wiemann GmbH KG opened its first U.S.-based assembly operation in Hart County, Georgia, a 54,000 SF facility representing a capital investment of more than $35 million and employing approximately 200 people.
Mitsubishi Caterpillar Forklift America Inc. expanded its Houston headquarters to include an onsite dedicated training center, adding over 16,000 square feet of space for dealer technical training.
Jefferson Industries Corporation (JIC) announced plans to expand its facility in West Jefferson, Ohio, investing $10.8 million and creating 150 new jobs. The expansion will add 77,000 square feet to increase hot stamping production capacity for lightweight automotive body frames.
Viant, a global services provider to the medical device industry, acquired Meraqi Medical, a Silicon Valley-based design and development firm specializing in interventional technologies and bioelectronics. The acquisition expands Viant's capabilities in minimally invasive surgical devices and adds a West Coast D&D hub.
CPI Aerostructures has received orders valued at approximately $4.6 million from Turkish Aerospace Industries to manufacture window assemblies for 109 T70 Turkish Utility Helicopters over an estimated 5-year period.
The Cape Fear Public Utility Authority awarded a $35.9 million construction contract to Adams-Robinson Enterprises Inc. for adding eight deep-bed GAC filters at Sweeney Water Treatment Plant in Wilmington, North Carolina. The project also includes a $3 million contract with Black & Veatch for construction support.
Tippmann Innovation will begin work on a 1.4 million cubic foot freezer expansion for Mattingly Cold Storage in Melbourne, Florida. The expansion adds 6,100 pallet positions of zero-degree freezer space.
Envases USA, a subsidiary of Mexico's Envases Universales Group, acquired Merrimack Valley Plastics of Methuen, Massachusetts, a PET bottle manufacturer. The former owners will remain with the company in their current roles.
Carel inaugurated an expansion of its Manheim, Pennsylvania plant and North American headquarters, adding 40,000 square feet to double the site's size. The site is expected to employ around 70 people.
SP Systems (317830) has signed a contract with Hyundai Motor Manufacturing Alabama, LLC to supply industrial robot automation systems. The contract is valued at 5.01 billion won and was signed on September 10, 2019.
DC Machine, an industrial design and machining center, is expanding its Dorchester County operations in Summerville, South Carolina, with a $9.5 million investment expected to create 63 new jobs. The expansion includes purchasing an existing building and increasing operational space to over 61,000 square feet.
JCB announced it will double the size of a new factory currently under construction in San Antonio, Texas, due to newly announced tariffs. The factory was originally announced as a $500 million investment on a 400-acre site.
Grand River Aseptic Manufacturing (GRAM) is undertaking a $60 million expansion at its Butterworth site in Grand Rapids, Michigan, adding a 61,500-square-foot facility with cleanroom, formulation suites, and high-speed equipment. The expansion will triple or quadruple capacity.
Burlington Industries LLC, a division of Elevate Textiles, was awarded a $1.6 million contract to supply microdenier polyester fabrics to the U.S. Marine Corps for physical training trunks. The fabrics will be manufactured at its Cordova and Burlington, N.C. plants.
Burlington has been awarded a $1.6 million military contract.
De Nora Tech announced a 17,000-square-foot expansion adjacent to its new Mentor facility to house manufacturing of PMX, a material used as an asbestos substitute. The investment is about $6 million and will create 14 technician jobs.
De Nora Tech held a ribbon-cutting ceremony for its new 107,000-square-foot manufacturing facility in Mentor, Ohio, relocating electrode technologies operations from Chardon. The project cost was estimated at $31 million.
The Arcticom Group (TAG) has acquired southern California-based Market Refrigeration Specialists (MRS), a commercial refrigeration and HVAC services provider. Financial terms were not disclosed.
CasterDepot completed its acquisition of Bastian Solutions' caster and wheel division, originally announced in January 2019. CasterDepot moved to a new permanent Indianapolis stocking-sales center.
Broshuis was selected by the U.S. Army Tank-automotive and Armaments Command (TACOM) to build 170 semi-low loaders for heavy equipment transport, in cooperation with Oshkosh Defense, with a total order value of over €50 million.
The Brownsville Navigation District ordered two Konecranes Gottwald Model 6 mobile harbor cranes for the Port of Brownsville, Texas, to be delivered fully assembled and commissioned by December 2019.
GE secured an order from Caithness Energy to supply 7HA.02 gas turbines, heat recovery steam generators, and steam turbine generators for the 1.875GW Guernsey Power Station in Guernsey County, Ohio. The plant is scheduled for completion in Q4 2022.
IPEX has entered into a share purchase agreement to acquire Silver-Line Plastics, a manufacturer of plastic pipe products with facilities in North Carolina, Oklahoma, and Florida. The transaction is subject to regulatory approval.
DuPont Electronics & Imaging signed an agreement to sell its Compound Semiconductor Solutions (CSS) business to SK Siltron, a South Korean silicon wafer supplier. The transaction is expected to close by end of 2019.
Barrick Gold Corp. and Newmont Goldcorp Corp. formed a joint venture, Nevada Gold Mines, combining their Nevada operations. Barrick owns 61.5% and Newmont 38.5%, expecting approximately $480 million in annual synergies.
Lockheed Martin broke ground on a new Long Range Fires Production Facility in Camden, Arkansas, as part of a $142 million investment that will add 326 new jobs by 2024. The facility adds over 70,000 square feet of production and office space.
GE Power secured a contract to supply 7HA.02 gas turbines, heat recovery steam generators, and steam turbine generators for Caithness Energy's 1.8GW Guernsey Power Station in Guernsey County, Ohio. The contract also includes a multi-year services agreement and digital solutions. The project is expected to be completed in Q4 2022.
Zhejiang Kaishan Compressor's wholly owned US subsidiary Kaishan Compressor USA (KCA) held an opening ceremony for a new $15 million plant in Baldwin County, Alabama, which makes oil-free screw compressors. The plant began construction in July 2018 and covers 65,000 square feet.
Shopify Inc. announced a US$450 million deal to acquire 6 River Systems, a robotics company that builds systems for automating warehouse operations. The acquisition supports Shopify's fulfilment network plans.
Aterian Investment Partners announced a strategic partnership with PJ Mechanical, a full-service provider of mechanical construction, engineering, sheet metal fabrication and maintenance services for HVAC systems in the greater New York City market. The partnership involves an investment by Aterian.
Enviro Tech Chemical Services announced an $8 million investment in a new chemical manufacturing facility in Levelland, Texas, which will initially employ 25 people and process around 10,000 tons of raw materials annually.
General Atomics Aeronautical Systems was awarded $29.3 million by the US Army to deliver performance-based logistics support for the MQ-1C Gray Eagle unmanned aerial vehicle programme, with work performed in Poway, California and completion by September 2020.
Boeing has selected Kitco Defense, a subsidiary of Wencor Group, to provide sub-assemblies, supply kits and related parts for A-10 Thunderbolt II wing sets under a subcontract valued at over $15 million.
SPX Corp. has acquired SGS Refrigeration Inc. of Dixon, Illinois.
SAIC has won a potential seven-year, $950 million indefinite-delivery/indefinite-quantity contract from the Defense Logistics Agency to supply Federal Supply Group 80 products (adhesives, brushes, paints, sealers) to the U.S. military.
Allison Transmission acquired the assets of Walker Die Casting in Lewisburg, Tennessee, and C&R Tool and Engineering in Muscle Shoals, Alabama, for approximately $103 million in cash.
Tigerpoly Manufacturing will invest over $10.7 million to add 105,000 square feet and new machinery at its Grove City, Ohio facility, creating 40 new jobs.
Elliott Group merged Ebara International Corporation, based in Sparks, Nevada, with its operations in Jeannette, Pennsylvania. The transaction was listed in the Q2 2019 pump M&A review.
Commander Aircraft Corporation will invest $8 million to build a 100,000-square-foot production facility in Norman, Oklahoma for its Commander single-engine aircraft. The company anticipates hiring 30-50 employees and construction will begin within three years.
AAR has secured a $118.6 million firm-fixed price contract with Naval Air Systems Command to deliver two 737-700 IGW aircraft, modified to C-40A configuration, to the U.S. Marine Corps. The contract is estimated to last two years.
Yanmar America will acquire ASV in an all-cash transaction valued at $7.05 per share, after approximately 80.7% of shares were voted in favor. The transaction is expected to close on September 11, 2019.
WM Thermoforming Machines and SencorpWhite agreed that SencorpWhite will sell WM's thermoforming machines in the U.S. and Canada under a co-branded name, including FC, Flex, and FT series.