Lockheed Martin was awarded a $1.15 billion contract by the U.S. Navy for sustainment services in support of the F-35 Lightning II aircraft for multiple customers, including the U.S. Air Force, Navy, non-U.S. DoD participants, and Foreign Military Sales customers.
AAI Corp., doing business as Textron Systems, was awarded a $19.6 million firm-fixed-price contract by the U.S. Air Force for production of the Joint Service Electronic Combat Systems Tester (JSECST) and retrofit kits for multiple aircraft. Work will be performed in Hunt Valley, Maryland, with completion expected by April 28, 2021.
The U.S. Air Force awarded Boeing a $5.7 billion indefinite-delivery/indefinite-quantity contract for KC-46 Pegasus Combat Capability (PC2), covering post-production requirements for the KC-46 air vehicle. Work will be performed in Seattle, Washington, with completion expected by April 28, 2029.
Indian Creek Stone Products has started production at a previously vacant stone mill facility near Bedford, Indiana, adding over 26,000 square feet for slab production and custom fabrication. The expansion was financed with an SBA 504 loan and is expected to create five new jobs.
Precision Optics Corporation has received a $2.2 million follow-on order from CardioFocus, Inc. to manufacture a cardiovascular endoscope for the HeartLight Endoscopic Ablation System. Deliveries are scheduled over two years starting April 2019.
Rocksolid Surfaces has moved its solid surface fabrication division to a new facility at 15740 Industrial Parkway in Cleveland, Ohio, to support growth and efficiency. The company also invested in two dust collection systems.
Big Joe Forklifts completed an expansion of its Wisconsin Dells, Wisconsin facility, tripling loading dock capacity, reconfiguring the manufacturing floor, and expanding office areas. The expansion increased throughput by roughly 2,500 units annually.
Webasto Roof Systems plans to add a new 300,000-square-foot manufacturing facility at its campus in Plymouth Charter Township, Michigan, to produce automotive roof systems. The project involves a capital investment of nearly $48 million and is expected to create 441 new jobs.
Generac Holdings acquired Pika Energy, a manufacturer of battery storage technologies, to expand into the energy storage market. The acquisition closed on April 26, 2019.
GlaxoSmithKline is spending $100 million to increase production at its vaccine facility in Hamilton, Montana, which makes adjuvants for vaccines including Shingrix. The expansion aims to address demand since Shingrix was approved in the US in 2017.
The Acutronic Company AG announced the acquisition of 100% of the shares of The Perfect Parts Company, which includes Sullivan UV, a market leader in alternators, starter-generators, and electronic control hardware for the UAV market. Regulatory approvals have been received.
Next Generation Films and Charter NEX Films announced a definitive agreement to join forces, backed by private equity firms Leonard Green & Partners and Oak Hill Capital. The combined company will have 11 manufacturing plants and more than 100 extrusion lines in Ohio, Wisconsin, South Carolina and Massachusetts.
ResinTech held a groundbreaking ceremony for a new 27-acre manufacturing campus in Camden, New Jersey, supported by nearly $140 million in tax incentives. The facility will include 163,000 sq ft of manufacturing space for water filter cartridges, lab water systems, ion exchange resins and activated carbons, and 175,000 sq ft for packaging and production.
W&K Containers won a firm-fixed-price indefinite-delivery contract from the Defense Logistics Agency to supply intermodal and Quadcon freight containers, competing for up to $19.5 million through October 2024.
Sea Box won a firm-fixed-price indefinite-delivery contract from the Defense Logistics Agency to supply intermodal and Quadcon freight containers, competing for up to $471.8 million through October 2024.
NexGen Composites won a firm-fixed-price indefinite-delivery contract from the Defense Logistics Agency to supply intermodal and Quadcon freight containers, competing for up to $253.6 million through October 2024.
US medical technology company Conmed Corp completed its acquisition of Buffalo Filter LLC from Filtration Group.
Pentair plc entered into definitive agreements to acquire Aquion and Pelican Water Systems, both US water treatment equipment companies.
Supermicro is expanding its Silicon Valley headquarters with Building 23, the third of five facilities under construction at its San Jose Green Computing Park, scheduled for completion by end of 2019.
The Arcticom Group (TAG) acquired KIC Refrigeration, a full-service maintenance and repair company focusing on supermarkets, convenience stores and commercial buildings in Southern California. Financial terms were not disclosed.
Polynt-Reichhold and IMCD announced that effective June 23, 2019, IMCD will become Polynt-Reichhold's exclusive North American coatings resin distributor, expanding the existing agreement to include 12 southern US states.
Load King LLC announced the acquisition of Terex Corporation's boom truck, truck crane and crossover product lines. The acquisition expands Load King's manufacturing portfolio.
PowerBuilt Material Handling Solutions LLC announced plans to expand its facility in Bellefontaine, Ohio, investing $2 million and creating 18 new jobs. The expansion includes a new 52,399-square-foot facility.
Titan Medical Manufacturing will invest $7.5 million in a new facility in Lexington, Tennessee, creating 87 jobs. The plant will add production capacity for medical device instrumentation and implants.
Voith installed a multi-million dollar, 200-ton capacity Vertical Turning Lathe at its York County, Pennsylvania plant to enhance hydropower component manufacturing.
Santen's US subsidiary entered a multi-year agreement making Glaukos the exclusive US distributor of the MicroShunt, a glaucoma surgical device, pending FDA approval.
Aisin AW will invest approximately $400 million to expand its AW North Carolina plant to produce automatic and hybrid transmissions for SUVs, adding about 900 employees and 200,000 units/year capacity.
Ingersoll-Rand plc agreed to spin off its Industrial business and merge it with Gardner Denver Holdings in a cash-and-stock Reverse Morris Trust deal valued at about $15 billion, announced April 30, 2019.
Parker-Hannifin entered a merger agreement under which it will acquire LORD Corporation for $3.675 billion in cash on a cash-free, debt-free basis, to be financed with new debt.
Siemens Gamesa Renewable Energy was selected by EDF Renewables North America to supply 96 SG 4.5-145 turbines plus service for the 241 MW Coyote project in Texas and the 246 MW Oso Grande project in New Mexico.
Siemens Gamesa was selected by EDF Renewables to supply SG 4.5-145 and SWT-2.3-108 wind turbines for the Coyote project in Texas and Oso Grande project in New Mexico. Coyote is expected to complete construction in summer 2020, Oso Grande in Q4 2020.
Specialty Products (SPI), a manufacturer of polyurea elastomers and polyurethane foams, joined the VersaFlex family of specialty coatings companies. The acquisition broadens VersaFlex's portfolio in polyurea coating and foam solutions.
Kiewit Infrastructure West Co. was awarded a design-build contract by the Klamath River Renewal Corporation for the removal of four hydroelectric dams on the Klamath River. The initial award is $18.1 million for preliminary services, with the full project estimated at $450 million.
Electrolux is constructing a 60-foot-wide underground tunnel under Bill Jones Industrial Boulevard in Springfield, Tennessee, to connect its two plant sites, enabling two-way truck traffic and a conveyor belt for transporting stoves. The project is part of a $250 million expansion reinstated in February 2019 after a halt due to steel and aluminum tariffs.
Verus Investment Partners sold VanDeMark Chemical Inc. for an undisclosed value. CEO Mike Kucharski will continue as CEO.
Gray, an engineering, architecture and construction firm, has acquired 100% of SPEC Engineering, a specialty process engineering and equipment fabrication company in Plainfield, Illinois.
On April 24, 2019, Knauf acquired USG, combining the second and third largest drywall producers globally. The deal strengthens Knauf's competitive position in the world drywall and building plaster industry.
Meritor has been contracted to supply all-electric drivetrain systems for 38 terminal tractors for use at Port of Long Beach and Port of Oakland. The $17.1 million contract is with SSA Marine.
Mallinckrodt celebrated the completion of its expanded operations and manufacturing facility for StrataGraft regenerative skin tissue in Madison, Wisconsin. The 35,000-square-foot facility provides capacity for clinical trials and commercial availability.
ALTIVIA announced the completion of a new multipurpose production unit at its Phosgene Derivatives Unit in La Porte, Texas, resulting in a 30% increase in capacity for acid chlorides and chloroformates.
Shick Esteve announced plans to spend $1.7 million to build a new 15,000 sq. ft. technology center in Kansas City, Missouri, for testing and demonstrating ingredient and mixing automation, process controls and IIoT technology. The center is expected to open in Q4 2019.
Anytime Heating, Cooling and Plumbing acquired Engineered Comfort Specialist (ECS), a residential HVAC services company based in Newnan, Georgia. The deal expands Anytime's service area in the Atlanta region.
Bühler North America has acquired PR&D, Inc., a pellet mill and equipment service company based in Perham, Minnesota, to strengthen its feed, pet food, grain and oilseed processing offerings in the U.S.
American Packaging Corporation announced a $50 million expansion adding 126,000 square feet to its Roto Center of Excellence in DeForest, Wisconsin, with two new rotogravure presses, an adhesive laminator and slitting equipment.
Hitachi entered into a definitive contract to acquire JR Automation Technologies, LLC, a US-based robotic system integrator, from Crestview Partners. The acquisition is expected to close by the end of 2019.
Voith Hydro unveiled a new state-of-the-art vertical turning lathe (VTL) at its York County, Pennsylvania plant, representing a $10 million investment to produce larger turbines for hydroelectric power.
Wynnchurch Capital acquired Alliance Designer Products, a manufacturer of polymeric sand and installation products for hardscaping.
Gridiron Capital acquired Remington Products Company, a maker of orthotic products including foot beds and insoles for footcare and orthopedic markets.
MiddleGround Capital acquired Peterson American Corporation (Peterson Spring), a specialty spring manufacturer serving automotive, industrial, and other sectors.
Michigan approved a $2.7 million grant for an auto parts expansion project.