MacLean-Fogg Component Solutions (MFCS) and Richard Bergner Verbindungstechnik (RIBE) formed a joint venture, Aluform USA LLC, to manufacture and market high-strength aluminum fasteners for the North American automotive market. The venture will be headquartered in Chesterfield, Michigan.
Electrolux will start production at its new $250 million refrigeration plant in Anderson, South Carolina soon.
Thermo Fisher Scientific will invest over $30 million to expand its Logan, Utah facility, doubling capacity and creating several hundred new jobs. Construction has started and the facility is expected to be completed in 2020, with full qualification by 2021.
Brenntag Specialties, Inc. announced a new distribution agreement with Yipin USA Inc. to distribute Yipin's iron oxide pigments for coatings, cosmetic, and personal care applications in the United States.
Cisco agreed to acquire Acacia Communications, a supplier of high-speed optical interconnect technologies, for $70 per share in cash, or approximately $2.6 billion net of cash and marketable securities.
Gelest announced the acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers for coatings, adhesives, and advanced technology applications. Bimax will continue to operate under its own name.
Pretium Packaging invested $2 million in new reheat stretch PET blow molding equipment and infrastructure at its Troy, Alabama plant. The lines can make cold- and hot-fill containers from 6 ounces to 2 liters.
Yamaha Marine Precision Propellers broke ground on a new 54,000 square foot manufacturing facility in Greenfield, Indiana, to increase annual propeller production from 60,000 to over 100,000, with an $18.3 million investment and 30 new jobs.
MDU Resources Group's subsidiaries Bombard Electric and Bombard Mechanical were awarded electrical and mechanical construction contracts for the Resorts World Las Vegas mega-resort on the Las Vegas Strip.
Spacelabs Healthcare, a division of OSI Systems, received an approximately $8 million order to provide patient monitoring systems to upgrade women's health and pediatric care facilities of a U.S. hospital network.
ITT has acquired Matrix Composites, Inc., a specialty aerospace component manufacturer located in Rockledge, Florida. Matrix specializes in precision composite components for aircraft and aircraft engine platforms.
Mitsubishi Hitachi Power Systems received an order from J-POWER USA Development for a 1.2 GW natural gas-fired GTCC power plant in Elwood, Illinois, featuring two M501JAC gas turbines. Operation is scheduled for April 2022.
SPX Corporation has completed the acquisition of SGS Refrigeration Inc., a manufacturer and distributor of industrial refrigeration products based in Dixon, Illinois. SGS's 2018 annual revenues were approximately $15 million.
Sif Holding N.V. will manufacture 84 monopiles (103 KTon steel) for the 800 MW Vineyard offshore wind project in Massachusetts, USA. Delivery is scheduled for 2020-2021.
JSR Micro, Inc. has begun construction on a new state-of-the-art facility in Hillsboro, Oregon, to expand semiconductor materials manufacturing capabilities, with an estimated investment of USD 100 million. Operations are scheduled to start in 2020.
The European Union has approved the acquisition of American Standard Iron and Steel Holding Company by Sumitomo and Nippon Steel. The target produces forged steel wheels and axles for freight rail and rolling stock, mainly in North America.
Alo, a supplier of agricultural machinery, will establish operations in Mauldin, South Carolina, with a $6 million investment creating 44 jobs. The facility will include distribution, steel fabrication, and assembly, and is projected to come online in October 2019.
Yamaha Marine Precision Propellers broke ground on a 54,000 sq ft propeller manufacturing plant in Greenfield, Indiana, expected to be completed in mid-2020 and add 30 jobs. The expansion could raise propeller output by more than 40,000 a year.
CRI Pumps is setting up wholly owned subsidiaries in the US and Mexico, with an assembly facility in Houston estimated at around $5 million, to cut US lead times from 120 days to under 5. It also plans a California facility within six months.
Itron Inc. signed a contract with Liberty Utilities to deploy Itron's OpenWay Riva IoT solution for gas, electricity and water metering across its utilities in 13 U.S. states.
Rusal signed a contract to supply 200,000 tonnes of low-carbon aluminum annually for 10 years to the Braidy Industries plant in Ashland, Kentucky, after its launch.
Rusal and Braidy Industries signed an agreement to build an aluminum flat-rolled products plant in Ashland, Kentucky. Rusal will invest $200 million for a 40% stake, and the plant is expected to start operations in 2020.
Ferrovial Agroman's subsidiary PLW Waterworks has won contracts worth $312 million to upgrade two water treatment plants in Houston and Pearland, Texas. The projects are expected to be completed in 2024 and 2023 respectively.
The US Air Force awarded L3 Technologies a $499.5 million contract to upgrade the avionics of 176 C-130H Hercules aircraft for the Air National Guard and Air Force Reserve Command, with work through September 2029.
PPG Industries signed a five-year, $78 million contract with the US Navy's Military Sealift Command to provide coatings, solvents, and technical services for approximately 125 vessels.
Inteplast Group's AmTopp division plans to add two cast film extrusion lines at its newly acquired facility in Remington, Indiana, expanding stretch film capacity by 60 million pounds to a total of 445 million pounds. The company is investing an additional $20 million in new equipment and expects to start operations by the end of 2020.
American Woolen Company Inc. is supplying high-quality fabric for the U.S. Army's newly unveiled classic uniform, as part of a military contract.
Essentra plc acquired 100% of the share capital of Innovative Components Inc. and Componentes Innovadores Limitada for an undisclosed cash consideration. The acquisition strengthens Essentra's Components division in plastic and metal components.
Hexpol has acquired Preferred Compounding in a $232 million deal, expanding its custom rubber mixing capabilities.
Eaton will use additive manufacturing to supply the aluminum housing and valve for the ram air valve assembly on Aerospace Industrial Development Corp.'s Advanced Jet Trainer, consolidating 22 parts into two printed parts.
Synthomer plc announced a definitive agreement to acquire OMNOVA Solutions Inc., a global manufacturer of emulsion polymers, specialty chemicals and surfaces, for $10.15 per share in cash, implying an enterprise value of $824 million.
Ampo Poyam Valves will design and manufacture electric actuated gate valves for Gulf Coast Growth Ventures' chemical facility in San Patricio County, Texas. Construction starts in Q3 2019 with start-up expected by 2022.
Ensign-Bickford Aerospace & Defense Company announced a $10 million expansion of its Simsbury, Connecticut operation, anticipating 140 new jobs over three years. The expansion will include a new state-of-the-art facility.
Meridian Adhesives Group, backed by Arsenal Capital Partners, announced the acquisition of PolyCom Industries and its affiliate Eco Dispersions, a manufacturer of industrial adhesives and coatings based in Dalton, Georgia.
Airbus Canada marked the first anniversary of leading the A220 program, with highlights including ground-breaking for a new A220 manufacturing facility in Mobile, Alabama, and expansion at the Mirabel facility. The Mobile facility is under construction with first delivery planned for mid-2020.
PPG was awarded a five-year, $78 million contract by the U.S. Navy Military Sealift Command to provide coatings, solvents and technical services to MSC's fleet of approximately 125 ships.
Whirlpool confirmed the completion of the sale of its Embraco refrigeration compressor business unit to Japanese company Nidec. The deal was cleared after Nidec committed to sell its Secop compressor business.
Remote Diagnostic Technologies, a Philips subsidiary, won a potential 10-year, $100M contract from the Defense Logistics Agency to supply patient monitoring systems to U.S. military branches and federal agencies.
LifeQuest World Corporation acquired BioPipe Global Corp. on July 2, 2019. BioPipe Global will operate as a wholly owned subsidiary of LifeQuest.
Ross Valve of Troy, New York, acquired the Green Island property from LAI International for $2.5 million and plans to hire 50 new employees over five years while retaining 10 workers.
Mecalac, a designer and manufacturer of compact construction equipment, opened a new 14,000-square-foot facility in Norfolk, Massachusetts, serving as its North American headquarters. The facility centralizes offices, inventory, parts, and service, and includes a training center. It opened in July 2019.
Barrick Gold Corporation and Newmont Goldcorp Corporation formed a joint venture, Nevada Gold Mines, combining operations in Nevada. Barrick owns 61.5% and Newmont 38.5%, expecting to save approximately $480 million per year.
Universal Pure Holdings LLC acquired Stay Fresh Foods LLC, combining two providers of high-pressure processing (HPP) services. The consolidated platform will operate 15 HPP machines across six locations in the US.
Mallard Manufacturing opened a new 30,000-square-foot manufacturing facility in Maquoketa, Iowa, on July 1, 2019, dedicated to producing carton flow rack systems to meet rising demand.
Mitsubishi Chemical Composites America (MCCA) announced a nearly $5 million expansion of its ALPOLIC production facility in Chesapeake, Virginia, adding approximately 40,000 square feet to increase storage, shipping and receiving capabilities. Construction is expected to begin in July 2019.
A subsidiary of Mitsubishi Heavy Industries completed the acquisition of all shares of Pon Material Handling NA, Inc. and renamed it Equipment Depot, Inc.
Medin Technologies, a medical contract manufacturer owned by Seven Point Equity Partners, completed its add-on acquisition of Monroe, Washington-based Advantage Manufacturing Technologies (AMT), a manufacturer of orthopedic implants. The acquisition was completed through a newly formed subsidiary named AMT Medical.
InterCool USA, an industrial refrigeration design-build contractor, acquired the industrial refrigeration division of Freije-RSC, which has sites in Indiana and Ohio. The division will maintain its name and leadership.
Cascades Inc. has reached a final agreement to acquire all assets of Orchids Paper Products for $207 million USD, including plants in Barnwell (South Carolina) and Pryor (Oklahoma), and an agreement with Fabrica de Papel San Francisco in Mexico.
Pratt and Whitney Military Engines will build spare F135-PW-100 and F135-PW-600 engines for the F-35 Lightning II under a $358.5 million contract modification. Work will be performed in East Hartford, Indianapolis, and Bristol, with completion by June 2022.