New Nautical Coatings, Inc., parent company of Sea Hawk Paints, acquired Blue Water Marine Paints from Valentus Specialty Chemicals.
Rivacold, an Italian manufacturer of refrigeration systems, is investing $5 million to set up its first U.S. factory in Buford, Gwinnett County, Georgia, creating 140 jobs. The facility is expected to open in summer 2019.
ATW, North America's leading provider of trailers and work trucks, purchased BWise Manufacturing, including the BWise and Bri-Mar trailer brands. The acquisition extends ATW's reach into the Northeast U.S.
Eurazeo, a French investment company, has announced the acquisition of Elemica, a cloud-enabled digital supply network provider, for approximately $250 million in equity. The transaction is expected to close in Q3 2019.
Hillrom announced a definitive agreement to acquire Breathe Technologies, a developer of wearable non-invasive ventilation technology, for $130 million in cash. The deal is expected to close in fiscal Q4 2019.
Boeing opened a new $115 million, 350,000-square-foot facility in Ridley Township, Pennsylvania, dedicated to the production of V-22 Osprey fuselages for the U.S. Navy, Air Force, Marines, and international customers.
Franklin Electric Co. Inc. completed the acquisition of First Sales LLC, an Indiana manufacturer of water treatment and filtration equipment for residential and commercial markets. Financial terms were not disclosed.
Iron Heart Canning purchased its 50th canning line from Wild Goose Filling Systems to expand its mobile beverage canning services. Iron Heart operates from 23 warehouses serving 22 US states.
Gen-Tech Arizona Generator Technology broke ground in August 2019 on a new location at Northern and 70th avenues in Glendale, Arizona, for a power generation company specializing in gaseous and diesel generators.
Stout, a Philadelphia-based textiles company, acquired Bassett McNab, a 125-year-old local textiles brand. The acquisition brings together two family-owned companies with ties dating back over a century.
Faurecia held a ribbon cutting ceremony for its new interiors production facility in Blue Springs, Missouri. The facility represents a capital investment of more than $28.7 million and is expected to bring more than 300 new jobs.
BMC Stock Holdings acquired Kingston Lumber, a supplier of building materials to custom builders and professional remodelers in Kingston, Washington. Kingston Lumber has been in operation since 1946.
Kodiak Building Partners acquired Builders Alliance, a building supply center in Bellingham, Washington. Co-presidents Drew Orem and Mike Werner will remain in their roles and join Kodiak's ownership group.
Sigma Electric Manufacturing Corporation acquired US-based Avalon Precision Casting, headquartered in Cleveland, Ohio, with additional plants in Wisconsin. Avalon manufactures investment castings for aerospace, defense, HVAC, power, agriculture, and oil & gas markets.
Continental Structural Plastics, owned by Japan's Teijin Group, agreed to acquire the assets of AMI Stamping, including its 90,000-square-foot headquarters and manufacturing plant in Manchester, with 70 employees.
Micropulse Inc. is investing $6.8 million to expand and equip its 160,000-square-foot Columbia City facility, including a 15,000-square-foot addition, creating up to 25 new jobs by end of 2020.
Biomerics, a contract manufacturer for medical devices, merged with Northeast Laser & Electropolish (NLE) to form Biomerics NLE, a metals division providing laser processing, machining, and metal finishing services for the interventional and surgical medical device markets.
Advanced Drainage Systems, Inc. announced the acquisition of Infiltrator Water Technologies for about $1.08 billion from an affiliate of the Ontario Teachers' Pension Plan and other stockholders. Infiltrator is a provider of on-site septic wastewater treatment products.
Aero Engines LLC, a joint venture between SkyWest and Regional One, entered an agreement to lease its portfolio of 14 CF34 engines for a 10-year term. The engines will be paired with CRJ700 airframes and leased to a US operator.
German chipmaker Infineon agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion. The deal is on track to close by end of 2019 or early 2020.
Wesco Aircraft Holdings Inc., a distributor and supply chain manager for the aerospace industry, has agreed to be acquired by an affiliate of Platinum Equity in a transaction valued at approximately US$1.9 billion.
ADI American Distributors, LLC acquired the NewVac and DCX divisions from DCX-Chol Enterprises, Inc., a Chatsworth, California-based manufacturer of cable assemblies and interconnect systems for the defense market. The acquisition was announced on August 1, 2019.
KP Components announced in August 2019 a $16 million investment in a new 50,000 square foot building in Easley, South Carolina, to serve US demand. The project will create nearly 50 jobs and install several milling machines.
Metropolitan Industries acquired Emmons Metro LLC (formerly Emmons Pump & Control), a supplier of pumps, equipment and controls based in Albany, New York, in August 2019.
Vactor Manufacturing is expanding its Streator, Illinois plant by 170,000 square feet, adding up to 90 jobs and increasing production capacity, with parent Federal Signal investing up to $25 million. Construction is expected to be complete by the end of 2019.
TechnipFMC announced a new 100,000 square foot facility on 22.4 acres in Speers, Pennsylvania, consolidating its Surface Americas product and service lines, with 40 new jobs over three years. Groundbreaking is planned for Q4 2019 and the grand opening for Q1 2020.
Danfoss has closed its acquisition of all outstanding shares of UQM Technologies, a Longmont, Colorado developer of motors and inverters up to 250 kW. The deal adds North American electrification capacity to Danfoss's on-highway offering.
GILLIG LLC completed its relocation to a newly constructed, custom-designed 600,000 sq ft facility in Livermore, California, with over 40 cranes and hoists installed. The facility is more than double the size of the previous Hayward site, which has ceased operation.
CoolSys acquired Agape Mechanical, an HVACR and plumbing contractor based in Lakeville, Minnesota, expanding its light commercial division and Midwest presence into six new states.
P.W. Gillibrand Co. Inc. has acquired Pioneer Sands, with operations in Brady/Voca, Texas, and Bakersfield, California.
Private investment firms RedNest Partners and Admiral Capital Group have partnered to acquire Tecmotiv Corporation, a provider of MRO&U services for military vehicles. Terms were not disclosed.
FiberVisions, an Indorama Ventures company, awarded a major engineering and project services contract to Chemtex Global Corporation for a new specialty fiber manufacturing line at its Covington, Georgia facility.
Capitol Investment Corp. IV and Nesco Holdings I closed their merger, forming Nesco Holdings, Inc., which will trade on the NYSE under NSCO. Nesco provides specialty rental equipment for electric utility, telecom, and rail markets.
Argentum Medical acquired worldwide exclusive licensing rights from Noble Biomaterials to manufacture silver-plated nylon fabrics for advanced wound care. The deal was inked July 12, 2019. Argentum Medical expects to assume manufacturing by February 2021.
Silicon Technologies Inc won a two-year contract with the U.S. government to develop Radiation Hardened by Design, Process Portable, Mixed Signal Design IP for strategic and space missions.
Airgas completed a rip-and-replace upgrade of its 25-year-old Foxboro I/A DCS to Siemens PCS 7 at one of its facilities, with a 10-day shutdown for system cutover after two years of preparation.
Northrop Grumman was awarded a $167 million contract by the U.S. Navy for Lot 8 Full-Rate Production of the AGM-88E Advanced Anti-Radiation Guided Missile (AARGM), including options for the Italian Air Force and foreign military sales.
Zekelman Industries announced it will build the world's largest continuous ERW tube mill in Blytheville, Arkansas, adjacent to its existing Atlas Tube mill. The $150 million project will create 75 new jobs and is scheduled to start up in September 2021.
Integra LifeSciences acquired Arkis Biosciences, a neurosurgical devices maker, to expand its neurocritical care and catheter technology markets. The deal includes the CerebroFlo EVD catheter with Endexo technology.
Danfoss Power Solutions completed its merger with UQM Technologies, a Longmont, Colorado developer of electric motors, generators and power electronic controllers. Shareholders were paid $1.71 per share, and the deal adds North American manufacturing capacity to Danfoss.
Magna held a groundbreaking ceremony for a new 150,000-square-foot seat structure manufacturing facility in Lancaster, Ohio. The $60 million investment is expected to create 300 jobs by 2021.
Honda Aircraft Co. broke ground on an 83,000-square-foot expansion at its Piedmont Triad International Airport campus in North Carolina. The $15.5 million project brings total investment to $245 million.
Songwon International-Americas signed an exclusive agreement with a new US distribution network including Trans Western Chemicals, Chem-Materials, and Callahan Chemical Company to supply its product line.
Consolidated Precision Products announced plans for a new advanced manufacturing facility in Euclid, Ohio, near its Cleveland headquarters, expected to create over 120 jobs. Cuyahoga County may recommend a $300,000 grant.
Monaghan Medical Corporation broke ground on a new 65,000-square-foot facility in Plattsburgh, New York, investing approximately $10 million. Completion is expected in July 2020 with production starting in fall 2020.
Comprehensive Decommissioning International (CDI), a joint venture of SNC-Lavalin and Holtec International, was awarded a contract worth hundreds of millions of dollars to decommission the Oyster Creek nuclear power plant in New Jersey. Work begins in 2019 after ownership transfer to Holtec.
Transphorm has been awarded a $18.5 million contract from the US Department of Defense Office of Naval Research to commercialize N-polar GaN epiwafers for RF/mm-wave and power electronics applications. The contract includes a $2.6 million base and a $15.9 million option.
BBA Aviation plc has entered into an agreement to sell Ontic, a provider of OEM-licensed parts for legacy aerospace platforms, to CVC Fund VII for an enterprise value of $1.365 billion. Completion is expected in Q4 2019.
Volex plc signed an agreement to acquire Servatron Inc. for $28.6 million, including assumption of net debt of approximately $6.7 million. The transaction is expected to close on July 31, 2019.
Cantel Medical Corp. has reached an agreement to acquire Hu-Friedy Mfg. Co., a 111-year-old manufacturer of dental instruments and reprocessing workflow systems. The acquisition will combine Hu-Friedy with Cantel's dental division, Crosstex.