Daimler Trucks agreed to acquire a majority stake in Torc Robotics to develop automated truck technology. The announcement was made on March 29, 2019.
JELD-WEN Holding, Inc. completed the acquisition of VPI Quality Windows, Inc. on March 29, 2019, for $57.5 million. The deal was signed on March 4, 2019, and is expected to add approximately $60 million in annualized revenue.
Mill Point Capital portfolio company Huntington Solutions agreed to acquire the assets of Virginia-based RADVA Corporation, a maker of packaging for medical, pharmaceutical and food industries. No financial terms were disclosed.
Greer, S.C.-based Huntington Foam LLC will acquire the assets of Radford, Va.-based Radva Corp, a supplier of expanded polystyrene and polypropylene protective packaging and an EPS recycler.
The Port of New Orleans board of commissioners approved a $23.5 million contract with Shanghai Zenhua Heavy Industries for the construction and delivery of two 100-foot gauge container gantry cranes for the Napoleon Avenue Container Terminal.
Daikin Applied Americas, a subsidiary of Daikin Industries, will lease new office space at the Atria building in Plymouth, Minnesota, adding to 132 new jobs from a previously announced $40.3 million Faribault facility expansion. The company intends to occupy the space within 2019.
Kuraray America Inc. is investing approximately $15 million to install plant-based high barrier resin production capabilities in Houston, Texas. The resin plant is scheduled to be completed by end of September 2019 and begin operating in early 2020.
Smart Phases Inc. (DBA Novacab), a Quebec-based energy storage manufacturer, is expanding into Plattsburgh, New York, establishing a 30,000 sq ft manufacturing facility at Plattsburgh International Airport. The company plans to invest $1.5 million and create 32 new jobs.
Protech Metal Finishing has completed the expansion of its facility in Vonore, Tennessee, increasing production space to 32,000 square feet and adding more production lines. The building was completed in July 2018, with equipment upgrades continuing through early 2019.
Cytiva and Rockwell Automation announced a collaboration on March 28, 2019, to combine automation, IT and single-use solutions for biopharmaceutical manufacturing, with Cytiva joining the Rockwell Automation PartnerNetwork Program as an OEM Partner.
Kerry celebrated a US$65 million expansion in savory capabilities at its Taste Center of Excellence in Clark, New Jersey. The new Savory Center of Excellence will expand development and manufacturing competencies, creating 85 additional jobs.
CLARK plans to expand its North American headquarters in Lexington, Kentucky, with a third production plant to be put into operation at the location.
South Bend-based GTA Containers is one of several companies sharing a $47 million U.S. Department of Defense contract for producing tank fabrication berm liners for the Navy and Air Force, with work expected to run to March 2024.
Orwigsburg manufacturer Clearly Clean Products bought the former City Shirt Co. plant in Frackville's industrial park to make recyclable food trays. It will open with 25 employees and plans to grow to 125.
Alfa Laval won an order worth about SEK 110 million to supply Niagara air cooler systems to a US gas processing plant. Deliveries are scheduled for 2019.
MacDon Enterprises, a Canadian agricultural equipment manufacturer, broke ground on a research and development facility in Sun Prairie, Wisconsin, on March 27, 2019. The facility will enable the company to double its Madison-area workforce to about 20.
HSAA/HSAU factories in Enterprise, Alabama received a $6 million investment to expand production of underbody air conditioning hoses for Chrysler, Hyundai, Kia, and General Motors vehicles, creating over 160 jobs.
UniCarriers Americas Corp. (UCA) and Rocla, both Mitsubishi Logisnext companies, launched a partnership on March 27, 2019, for UCA to sell Rocla's automated guided vehicles (AGVs) in North America through a new UniCarriers System Solutions division.
SNC Technical Services won new federal and commercial contracts for manufacturing tactical apparel and gear, creating approximately 400 new jobs and expanding into a new facility in Camuy, Puerto Rico.
Penn Machine Company enhanced its Transit Division's machining capacity by adding two 1200mm Honor Seiki vertical turning centers with a Fanuc robot to its Blairsville, PA facility.
Sekisui Voltek, a lightweight flexible foam manufacturer, proposes a $13.8 million investment in equipment, facility and technology improvements in Coldwater, Michigan, creating 22 new jobs and transferring 10 employees.
Envirolite, a foam-based products manufacturer, proposes a $3.2 million, 70,000-square-foot expansion of manufacturing and warehousing space in Coldwater, Michigan, creating 30 new jobs.
Guardant Health agreed to acquire Bellwether Bio, a private company focused on epigenomic research for early cancer detection, for an undisclosed sum.
Jupiter Aluminum plans to invest $12 million to expand its presence at the Beech Bottom Industrial Park in Brooke County, West Virginia, more than doubling its workforce. The company recycles aluminum scrap into coils for building and construction, license plates, and recreational vehicles.
AM General received a Department of Defense contract award for 103 armored M1152A1B2 HMMWVs with a value of approximately $14.8 million. The vehicles will be delivered in Q3-Q4 2019.
European Union antitrust regulators have opened an in-depth investigation into Novelis' proposed $2.6 billion purchase of Aleris, announced in summer 2018. The deal would acquire Aleris' 13 global manufacturing facilities, including automotive finishing lines.
ON Semiconductor Corporation agreed to acquire Quantenna Communications for $24.50 per share in an all-cash transaction, representing an equity value of approximately $1.07 billion and enterprise value of about $936 million.
Synopsys announced a collaboration with Samsung Foundry to provide a secure, scalable cloud-based IC design and verification environment using the Synopsys Cloud Solution. Samsung Foundry accelerated its 7nm library characterization by about 30% using this solution.
Nucor Corporation announced it will build a new steel plate mill in Brandenburg, Kentucky, with an investment of approximately $1.35 billion. The mill will have a capacity of 1.2 million tons per year and create over 400 jobs. It is expected to be fully operational in 2022.
Private equity firm Thomas H. Lee Partners L.P. acquired supply chain systems integrator Fortna Inc. Terms were not disclosed. The deal aims to accelerate Fortna's growth in e-commerce and warehouse automation.
Macquarie Group's green investment arm closed a third round of debt financing to build battery storage sites in Southern California, now estimated at 63 MW, for Southern California Edison.
General Atomics Electromagnetic Systems is investing $50 million to expand its manufacturing capacity in Shannon, Mississippi, adding a new 100,000-square-foot facility and creating 75 jobs over five years.
Huntington Ingalls Industries received a $1.47 billion modification to a Navy contract for the detail design and construction of LPD 30, the first LPD 17 Flight II amphibious ship. Work is expected to be completed by February 2025.
Kuraray will invest $15 million to install plant-based high barrier resin production and supporting capabilities in Houston, Texas.
Sealed Air is investing $24 million in its Simpsonville, South Carolina facility to produce plant-based food packaging using Plantic materials, with production scheduled to begin in 2020. Kuraray is investing $15 million in Houston for high barrier resin production.
OPRA Turbines has entered into a Partnership Agreement with AFGlobal, under which AFGlobal will act as a reseller, packager and service provider for OPRA's gas turbine generator sets in the Americas.
Arkema celebrated the opening of a new unit producing PEKK plastic at its plant in Axis, Alabama. The expansion added about 23 new jobs, bringing the workforce to 110.
Nokian Tyres is currently building a $360 million facility in Dayton, Tennessee, spanning 830,000 square feet. The plant plans to hire about 150 employees by the end of 2019, ramping up to 400 jobs.
La-Z-Boy moved forward with a considerable expansion to its facility in Dayton, Tennessee, announcing plans in 2017 to create 115 jobs as part of a multi-million-dollar investment.
Formosa Plastics Corporation, U.S.A. and Entec Polymers announced a partnership to supply the automotive market with Formosa's Formolene polyolefin resins. Entec will provide sales, business development, and technical support across the Americas and beyond.
Arkema has successfully started up a Kepstan PEKK production plant at its site near Mobile, Alabama. The plant was inaugurated on March 25, 2019, and supports demand for carbon fiber reinforced composites and 3D printing.
Canadian utility Enmax Corp will buy Emera Inc's electric transmission and distribution unit, Emera Maine, for $959 million. The sale is expected to close in late 2019.
SRI International has been awarded a maximum $87,707,816 contract by the Defense Logistics Agency for the generalized emulation of microcircuits production program. The five-year contract with one six-month option period runs through January 31, 2024.
Wood agreed to sell its Terra Nova Technologies conveying and material handling business to Cementation Americas, owned by Murray & Roberts, for expected cash proceeds of $38 million. Closing is expected in the June quarter of 2019.
H2O Innovation has partnered with Sustainable Water on over 45 wastewater reclamation and reuse projects in the United States, including the Virginia WaterHub serving a major manufacturing plant. The partnership includes Water Processing Agreements covering development, finance, and investment.
Bettcher Industries Inc. has acquired Cantrell, a U.S.-based manufacturer of equipment and systems for the poultry processing industry. The acquisition expands Bettcher's presence in the poultry industry.
Big River Steel has commissioned SMS group to expand its steel plant in Osceola, Arkansas, increasing annual output to about three million tons. The expansion includes a second electric arc furnace, second CSP strand, and additional equipment.
Murray & Roberts, through its Cementation Americas unit, acquired 100% of Terra Nova Technologies for US$38 million. TNT designs and supplies overland conveyors, crushing systems, and stacking systems for mining.
Fibertex Personal Care celebrated the grand opening of its first North American manufacturing facility in Asheboro, North Carolina on March 22, 2019. The company plans a $114 million investment and expects to create 145 jobs.
Fluid-power distributor Iowa Fluid Power plans a 45,000 sq ft expansion of its Blairs Ferry Road NE facility in Cedar Rapids, Iowa, valued at $5.7 million, with 12 new jobs and completion expected in August 2019.