J-Power USA Development Co. has ordered two M501JAC power trains from Mitsubishi Hitachi Power Systems for the 1,298 MW Jackson Generation Project in Elwood, Illinois. The project will create 500 construction jobs and 35 permanent jobs, with commercial operation expected in 2022.
Forge Resources Group (FRG) has acquired Star Manufacturing Company, a manufacturer of hot formed, forged and heat-treated parts based in Freeport, Illinois. Star Manufacturing will operate as Star Freeport Company.
Pioneer Power Solutions has reached an agreement to sell its liquid filled and dry type transformer businesses to Mill Point Capital for $65.5 million in cash and notes. The sale includes Pioneer Transformers Ltd., Jefferson Electric, Bemag Transformer and Harmonics Limited.
J-Power USA Development Co. ordered two M501JAC power trains from Mitsubishi Hitachi Power Systems for the 1,298 MW Jackson Generation Project in Elwood, Illinois. The project will create 500 construction jobs and 35 permanent jobs, with commercial operation expected in 2022.
Pratt & Whitney has secured a $358.5M contract modification to deliver nine F135 engines for the F-35 spare parts pool, with work to be completed by June 2022.
Cerahelix Inc has been awarded a contract by a major manufacturer of personal care products to provide ceramic membranes for wastewater treatment using picofiltration.
Montage Partners, a private equity firm, has acquired Advanced Manufacturing and Development, Inc., dba METALfx, a precision sheet metal fabricator, from a subsidiary of Avista Corporation.
FPE Automation is expanding its St. Louis operations and opening a robotics training center.
Sunbelt Transformer, a portfolio company of Trilantic North America, merged with Solomon Corporation, a provider of transformer refurbishment and repair services. The combined entity will serve commercial, industrial and electric utility customers in North America.
The Naval Facilities Engineering Command Atlantic awarded a $30 million IDIQ multiple award contract to six companies for new and overhauled weight handling equipment at Navy, Marine Corps and other federal activities worldwide. The initial delivery order of $241,700 to Piedmont Hoist and Crane Inc. is for a crane and monorail at Naval Air Warfare Center in Lakehurst, New Jersey.
The Carlyle Group and Stellex Capital Management announced an agreement to acquire and merge Vigor Industrial and MHI Holdings, creating a bicoastal maritime and defense services company. Financial terms were not disclosed.
Kaman Corporation sold its industrial distribution business to Littlejohn & Co. for $700 million in Q3 2019, to focus on its aerospace business. The deal is reported in a fluid handling industry M&A roundup.
First Reserve has completed its acquisition of Trillium Flow Technologies, formerly Weir Flow Control, from The Weir Group. Trillium makes 15 pump and valve brands for power, oil and gas, water and mining customers. Final terms were not disclosed.
Mexican paper maker Biopappel, through its US subsidiary McKinley Paper Company, acquired 55 percent of US Corrugated Inc and subsidiaries. The amount was not disclosed, and the deal doubles Biopappel's US operations.
Airtech Group, a portfolio company of EagleTree Capital, acquired Champion Valves Inc. and Valve & Pump Specialties, Inc., designers and distributors of industrial check and butterfly valves, in July 2019.
Formosa Flexible Packaging America, a Hotai company, obtained a new manufacturing facility in San Fernando Valley, California, on July 1, 2019, its first manufacturing subsidiary in the United States.
Haltec Corporation held a groundbreaking for a 59,000-square-foot manufacturing facility in the Leetonia World Trade Park, Ohio, expected to open early next year and add 30 to 40 jobs within three years.
Veelo Technologies was awarded a $2.9 million contract to accelerate the manufacturing readiness level of VeeloVEIL, an ultra-lightweight conductive non-woven material for aerospace and defense. The contract was effective June 30, 2019.
Kratos Defense and Security Solutions received a $31.8 million contract from the US Air Force and a $25.4 million contract from the US Navy in June 2019 to build drones for target practice. The company has doubled its Sacramento footprint in the last 12 months.
Edwards Lifesciences kicked off construction on a multibuilding expansion of its Irvine headquarters, investing $239 million to add nearly 500,000 square feet of office, research, and manufacturing space. The project will result in hundreds of additional employees.
L3Harris Technologies was formed through the all-stock merger of Harris Corporation and L3 Technologies, creating the sixth largest defense company in the U.S. with approximately $17 billion in revenue and 50,000 employees.
LU-VE Group, through its subsidiary Zyklus Heat Transfer, will construct a 300,000+ square-foot manufacturing facility in Norman Industrial Park, Jacksonville, Texas. The project was approved by the City Council on June 11, 2019.
Volvo Group announced on June 28, 2019 plans to invest nearly $400 million over six years to upgrade and expand its New River Valley, Virginia plant, adding 777 jobs. The project includes expansion of the industrial footprint and installation of new equipment.
Super Products broke ground in April 2019 on a new $15 million, 170,000-square-foot facility in Mukwonago, Wisconsin, consolidating its manufacturing and customer support operations. The facility is expected to be operational in early 2020.
Dielectric Manufacturing announced a new 100,000-square-foot facility in Richfield, Wisconsin, replacing its current location in Menomonee Falls. Groundbreaking is July 3, 2019, with completion expected in spring 2020.
J-POWER USA started construction of the Jackson Project, a 1,200 MW natural-gas-fired combined cycle facility in Will County, Illinois, with Kiewit as EPC contractor and MHPSA supplying turbines.
Johnson & Towers and Western Branch Diesel have closed a merger, with all entities falling under the newly created Indel Power Group LLC. The companies will continue to operate under their existing brands.
ClockSpring|NRI acquired Milliken Infrastructure Solutions LLC, a subsidiary of Milliken & Co., expanding its composite solutions for pipelines and water/wastewater infrastructure restoration.
Xylem produced, tested and shipped its first Wedeco ozone system from its new facility in Freedom, Pa., acquired in September 2017 from Mitsubishi Electric. The system will be used in a wastewater reuse project at a major U.S. airport.
Konecranes Nuclear Equipment and Services was awarded a $24,997,043 firm-fixed-price contract by the U.S. Army Corps of Engineers for furnishing a rail mounted portal crane in Lettsworth, Louisiana, with completion by July 11, 2022.
PPG has been awarded a five-year, $78 million contract by the U.S. Navy Military Sealift Command to supply coatings, solvents and technical services to its fleet of approximately 125 ships.
AAON will relocate manufacturing of its SA Series self-contained units to its Longview, Texas facility, investing $28 million and creating 125 jobs. The first expansion phase of 195,000 sq. ft. is due by October 2020.
Arlington Capital Partners has acquired a majority interest in Riverpoint Medical, a developer and manufacturer of advanced sutures, implantables, and surgical devices. The transaction was advised by The Walden Group.
ACCO Engineered Systems announced on June 27, 2019 the acquisition of Smith Electric Service (Smith MEP), a specialty contractor based in Santa Maria, California. Smith MEP will continue as a subsidiary of ACCO.
In 2011, AGCO announced plans to expand its Jackson, Minnesota manufacturing facility to produce high-horsepower, wheeled, row-crop tractors previously made in France. The project cost $16.6 million and created 130 FTE jobs.
Quaser Machine Tools (百德機械) announced it will acquire 100% of the US-based Winbro Group for $63.5 million, including its US and UK subsidiaries. The acquisition is expected to close in the fourth quarter of 2019 and will help Quaser enter the aerospace and energy sectors.
MMI Engineered Solutions Inc. is expanding its operations in Michigan and Mexico, as announced on June 27, 2019. Details of the expansion are not provided in the snippet.
Flomatic Valves celebrated its 85th anniversary and the completion of a $3.3 million, 20,000 square foot plant expansion at its facility on Pruyn's Island in Glens Falls, New York.
Airbus Americas subsidiary Satair Group will invest over $10 million to relocate its parts warehouse to a larger 250,000-square-foot facility in Northwoods Industrial Park near Dulles International Airport in Loudoun County, Virginia.
Medtronic closed its acquisition of Titan Spine, a maker of titanium interbody fusion devices. The deal was announced May 9, 2019, for an undisclosed amount.
Tindall Corporation is building a new state-of-the-art batch plant facility at its Spartanburg, South Carolina location to increase production of precast concrete. The facility is expected to be completed in summer 2019.
Central Motor Wheel of America Inc. will expand its aluminum wheel manufacturing facility in Paris, Kentucky, with a $111.9 million investment, adding 145 jobs and increasing production by 50%. Construction begins June 2019, with production starting July 2021.
OCuSOFT Inc., in a joint venture with Essentia Pharma, acquired the intellectual property portfolio of Digital Heat Corporation, including an eyelid warming device to be marketed as OCuSOFT Thermal 1-Touch. The price was not disclosed.
Zyklus Heat Transfer, a subsidiary of Italy-based LU-VE Group, will construct a 300,000+ square-foot manufacturing facility in Norman Industrial Park, Jacksonville, Texas, creating new jobs.
Paper Converting Machine Company (PCMC) will acquire Hudson-Sharp, a bag converting equipment maker, effective October 1, 2019, integrating it into Barry-Wehmiller's converting equipment platform.
Elbit Systems has been awarded a $26 million contract to install a multi-sensor system to monitor the US-Mexico border.
HDT Global has received a $66.6 million contract modification from the U.S. Air Force to provide 19 transporter erector vehicles and spare parts for the Transporter Erector Replacement Program. Work will take place in Ohio and Kentucky through December 2020.
Yanmar Holdings has signed a definitive merger agreement to acquire ASV Holdings, a manufacturer of compact track loaders and skid steer loaders, for $70.7 million. The transaction is expected to close in Q3 2019.
Honeywell is expanding its aerospace facility in Greer, South Carolina, with a $50 million investment to install two electron-beam physical vapor deposition coaters for thermal barrier coatings, adding 10,000 square feet of manufacturing space.
Atlantic Packaging is investing $4.5 million to expand its existing Dorchester County operations with a 100,000-square-foot distribution and warehousing addition, creating 10 new jobs, with completion projected by fall 2019.