RF Investment Partners closed an investment in InterCoolUSA to support its acquisition of the industrial refrigeration business of Freije RSC and provide growth capital.
Triumph Group delivered the first ramp and ramp door structures to Boeing Defense, Space & Security for the V-22 Osprey tiltrotor aircraft, expanding its scope of work on the program.
Gravel Conveyors Inc. (GCI Slingers) plans to invest $7.5 million to add 10,000 square feet to its Zionsville facility, creating up to 39 jobs over three years.
Draeger won a $60 million contract from the U.S. Defense Department for patient monitoring systems, subsystems, accessories, consumables and training, with performance in Pennsylvania.
Hamilton Medical won a $75 million contract from the U.S. Defense Department for patient monitoring and capital equipment systems and accessories, with a five-year base period and performance in Nevada.
KanPak, a dairy and coffee-based beverage manufacturer, will expand its operations in Penn Yan, Yates County, New York. The project includes a new wastewater treatment plant and expansion of manufacturing line and warehouse, adding 195,000 square feet and creating up to 15 jobs.
Auveco, a specialty automotive fastener and body hardware aftermarket company, acquired W&E Sales Company, a provider of autobody fasteners and specialty hand tools. The transaction was effective as of June 27, 2019.
2A S.p.A., an Italian die-casting company, plans to invest $15 million to expand its foundry in Auburn, Alabama, creating over 50 jobs and doubling the facility's die-casting area. The company serves as a Tier 1 supplier to automotive and heavy truck manufacturers.
Hyundai Engineering joined a $534 million project won by KEPCO and Korea East-West Power to build a 200 MW combined cycle power plant in Dededo, Guam. Hyundai Engineering will serve as EPC contractor; commercial operation is due in October 2022.
Chevron U.S.A. awarded Schlumberger's OneSubsea a 20-year master contract for subsea equipment and services for development projects in the Gulf of Mexico, using a preapproved catalog of standard subsea equipment.
Waukesha Bearings unveiled plans to add a nearly 35,000 sq ft extension to its Antigo, Wisconsin plant, bringing the facility to nearly 100,000 sq ft. Completion is scheduled for January 2020. The announcement is dated July 23, 2019.
Steel Dynamics announced it will build a new $1.7 billion steel mill near Sinton, Texas, with an annual production capacity of approximately 3.0 million tons. The facility will produce advanced high-strength steel and include finishing lines, creating about 600 direct jobs.
Andersen Corporation broke ground on a $35 million expansion of its Renewal by Andersen manufacturing campus in Cottage Grove, Minnesota. The expansion includes a 350,000-square-foot Value Add Center and is expected to create at least 125 new jobs.
Hutchinson announced the acquisition of Mide Technology Corporation, an advanced engineering company based in Woburn, Massachusetts, specializing in smart material technology and mechatronics for automotive and aerospace markets.
Renco Corporation, through its subsidiary American Performance Polymers LLC, is expanding its rubber and plastics fabrication facility in Colebrook, New Hampshire. The expansion will add high-volume production of nitrile gloves and custom dipping services, with the facility currently having capacity for 40 million gloves per year and employing 20-30 people.
CEVA has acquired the Hillcrest Laboratories business from InterDigital, adding sensor processing and sensor fusion software for consumer and IoT devices to its smart sensing technology portfolio.
Broetje-Automation has signed a lease to occupy 43,200 square feet in the Elk Grove Technology Park for its U.S. headquarters and production facility, manufacturing robotic systems and automated composite equipment for aerospace. An opening is planned for October 2019, with 80-100 new jobs expected.
Eaton has completed its acquisition of Innovative Switchgear Solutions (ISG), a U.S. manufacturer of medium-voltage electrical equipment based in Dacono, Colorado. The deal value was undisclosed; ISG had sales of $18 million in 2018.
PPG announced it has reached a definitive agreement to acquire Dexmet Corporation, a manufacturer of specialty materials for aerospace, automotive and industrial applications. Financial terms were not disclosed.
Henkel Corporation announced it will invest up to $45 million in new equipment and improvements at its Salisbury, North Carolina facility, including a new production line for UV Acrylic Adhesives, its first in North America.
M&M Refrigeration, a US supplier of industrial ammonia/CO2 cascade systems, acquired Carnot Refrigeration, a Canadian supplier of transcritical CO2 systems. Terms were not disclosed.
The J.M. Smucker Company is set to hold a ribbon cutting on July 31, 2019 for its new Smucker's Uncrustables plant at 2900 Peak Ave. in Longmont, Colorado, with Governor Jared Polis attending.
Arsenal Capital Partners of New York agreed to buy the controlling interest in Little Rock-based Revolution, a plastics bag and recycling maker with over 800 employees and plants in Arkansas, California and Texas. The price was not disclosed. Arsenal plans to fund new collection, washing and recycling plants.
Stantec was selected by the New York City Department of Environmental Protection to deliver design services during construction through project closeout for upgrades to the Wards Island Wastewater Treatment Plant.
Lockheed Martin received two U.S. Navy contracts worth about $112.4 million for F-35 work: a $34.7 million contract for a fuselage bulkhead modification and a $77.7 million contract for software data loads and long-lead materials for low-rate initial production Lots 12-14.
Aditya Birla Chemicals Thailand Limited has acquired Recyclamine technology from Connora Technologies, a recyclable epoxy resin technology. The acquisition builds on a joint development agreement since 2016.
Siemens Gamesa Renewable Energy secured a conditional order to supply 1.7 GW of SG 8.0-167 DD wind turbines for three US offshore wind farms (Sunrise Wind, Revolution Wind, South Fork) awarded by Ørsted and Eversource.
CPC broke ground on a new $26 million headquarters and manufacturing plant in Roseville, Minnesota on July 18, 2019. The 132,000-square-foot facility will include a clean room sterile facility and is expected to be occupied in summer 2020.
Bilsing Automation's North American subsidiary moved to a new facility at 20220 Cornillie Drive, Roseville, Michigan, offering 15% more manufacturing space at 10,400 sq. ft. of shop and 3,300 sq. ft. of administrative space.
Albireo Energy, a Huron Capital platform, acquired Alabama Controls, a provider of building automation and HVAC control solutions, expanding into the southeastern U.S. Financial details were not disclosed.
Artisan Medical Displays is constructing a $1.8 million, 20,000-square-foot facility in Zeeland Charter Township, Michigan, to expand capacity for manufacturing medical display models, with relocation expected by end of 2019 and up to 10 new jobs.
Xilinx announced the acquisition of startup NGCodec, a video codec technology company, to enhance cloud video capabilities.
ENGIE North America Inc. acquired Conti Corporation, a construction services firm specializing in renewable energy, electrical, mechanical, and HVAC+R services. The transaction was advised by FMI Capital Advisors.
Genera secured more than $118 million in financing, anchored by WindSail Capital Group, for a manufacturing facility in Vonore, Tennessee, to produce Earthable compostable paper and packaging products. The facility is under construction and expected to start deliveries next year.
Salini Impregilo (now Webuild) and The Lane Construction Corporation (S.A. Healy) won a $580 million contract from DC Water to build the Northeast Boundary Tunnel in Washington, D.C. Work is expected to begin in September 2017 and be completed in 2023.
Hiab, part of Cargotec, has signed a record-breaking agreement worth over €60 million to supply Moffett truck-mounted forklifts to a major US home improvement chain. Deliveries will start in Q3 2019 and continue until May 2020.
AE Industrial Partners has signed a definitive agreement to acquire Columbia Helicopters, a provider of heavy-lift rotorcraft services and MRO. Terms were not disclosed, and the deal is expected to close later in 2019.
Watsco has signed an agreement to acquire the HVAC business of Peirce-Phelps, Inc., a Philadelphia-based distributor with annual sales of $206 million. The transaction is expected to close within 30 days, and Peirce-Phelps will operate under Carrier Enterprise.
SECO/VACUUM, a SECO/WARWICK Group company, has received an order for a high-volume nitrocarburizing line from a tier-one automotive supplier. The furnace will be used to produce parts for a major carmaker in North America.
Paradigm Mechanical Corp. and the Sapper West–Spectrum Service Group joint venture won five-year IDIQ contracts worth $147 million combined for US Marine Corps facility construction, repair and renovation.
Construction Supply Group has acquired Best Materials (Phoenix), Advantage Construction Supply (California) and Spec-West Concrete Systems (California), adding to its network of distributors for concrete and masonry contractors.
Arcline Investment Management signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company, which manufactures compression and engine systems in Houston, Texas and Salina, Kansas. The price was not disclosed.
STULZ announced a new manufacturing plant in Dayton, Tennessee, its second US manufacturing location, expected to create 25 high-skill jobs initially.
Niagara Bottling will invest $68 million in a 420,000-sq.-ft. production plant near the intermodal center in Kansas City, Missouri, creating 50 jobs, with completion targeted for early 2020.
3B Scientific, a portfolio company of JH Whitney Capital Partners, acquired Excellus Technologies Inc. dba Cardionics, a leader in auscultation simulation products. Cardionics will continue operations under its current COO.
Daifuku Wynright Corp. is spending $26 million on a 320,400-square-foot facility in Hobart, Indiana, to consolidate operations from two Illinois facilities. The move is expected to create 582 new jobs by 2021.
Daifuku Wynright Corp. will close its headquarters in Elk Grove Village, Illinois, and a facility in Oak Lawn, Illinois, as it relocates to a new $26 million facility in Hobart, Indiana, by the end of 2019.
Shine Solar acquired Palmer HVAC of Springdale, Arkansas, renaming it Shine Air. The deal included assets, employees and customer contracts; financial terms were not disclosed.
Rand-Whitney Container LLC acquired Specialty Finance & Consulting Corporation (SF&C) of Red Lion, Pennsylvania, a corrugated sheet and packaging manufacturer, including its Specialty Industries, NuPak Printing and Krafcor Industries units. The deal expands Rand-Whitney into the Mid-Atlantic region.
Ag Growth International (AGI) made a US$15 million minority equity investment in ag tech firm Farmobile, effective July 17, 2019, with the right to appoint two directors to Farmobile's board.