Takeda Pharmaceutical Company received U.S. FDA approval for its new plasma manufacturing facility near Covington, Georgia to produce FLEXBUMIN 25% [Albumin (Human)], USP, 25% Solution. The facility had previously received FDA approval for GAMMAGARD LIQUID in June 2018.
New York Air Brake (NYAB) announced the acquisition of Snyder Equipment Co., a locomotive fueling, servicing and component remanufacturing company based in Nixa, Missouri. Terms were not disclosed. Snyder will operate as a division of NYAB.
NSI Industries, LLC announced a merger with Platinum Tools, a Newbury Park, California-based provider of datacom products. Platinum Tools employs about 40 people and will continue to operate out of Newbury Park.
Bodine Aluminum Troy in Missouri will invest $62 million to add equipment to produce an additional 864,000 cylinder heads for Toyota's New Global Architecture.
C&B Machinery of Brighton, Michigan, received an order from a major North American manufacturer of large construction and mining equipment to supply a specialty grinder for grinding large connecting rods. The grinder will be built using a remanufactured Mattison 100C-5 base machine.
The Will Group, through its subsidiary Lyons View Manufacturing, will break ground on a new $5.4 million electrical equipment production facility in Chicago, Illinois, creating and retaining 48 jobs.
Teradyne announced a definitive agreement to acquire Universal Robots, a Danish collaborative robot manufacturer, for $285 million net of cash acquired, plus up to $65 million in earn-outs.
Opus Packaging Group affiliate Opus Packaging – Wabash acquired Wabash Container, a corrugated sheet conversion plant in Mount Carmel, Illinois, from its owners the Burton family. Rhoades McKee advised on the deal.
HUBER Technology, Inc. began construction on a new facility in the Charlotte metropolitan area, North Carolina, that will serve as its North American headquarters and manufacturing center. The facility, covering over 4,000 m², is expected to be completed by the end of 2019.
SAIC won a $57 million Seaport-e task order to provide engineering support services to the Polymers and Undersea Sensors Branch at the Naval Surface Warfare Center, Crane Division.
Toyota announced nearly $750 million in new investments across five US states, adding 586 jobs. Investments include RAV4 Hybrid production in Kentucky, engine capacity expansion in Alabama, hybrid transaxle capacity in West Virginia, and building expansions in Tennessee and Missouri.
Toyota Motor Manufacturing Alabama announced a $288 million expansion at its Huntsville plant, adding 450 jobs. Annual engine capacity will increase from 670,000 to 900,000 by the end of 2021.
DuPont announced a $220 million investment to expand its Circleville, Ohio plant, adding 46 jobs. The investment will expand the Kapton film line used in electronics manufacturing.
SteelSummit Holdings, a flat rolled metals processor-distributor, announced the acquisition of Magic Steel Sales, a steel service center company headquartered in Grand Rapids, Michigan. Terms were not disclosed.
Toyota announced a $749 million investment across five U.S. plants, adding 586 jobs. The investment includes expanding engine capacity in Huntsville, Alabama; doubling hybrid transaxle capacity in Buffalo, West Virginia; and building expansions in Troy, Missouri, and Jackson, Tennessee.
HP Hood selected Evoqua Water Technologies to design and build an expanded wastewater treatment system at its Winchester, Virginia plant to accommodate increased production capacity. The upgrade includes a new anaerobic BVF reactor and retrofitted SBR.
Huber Technology Inc., a subsidiary of German company Huber SE, broke ground on a new $11 million headquarters and manufacturing plant in Airlie Business Park near Denver, North Carolina. The first phase includes a 75,000-square-foot office building, with a second 75,000-square-foot manufacturing facility to follow within two years.
TransDigm Group completed its acquisition of Esterline Technologies, a supplier to the aerospace and defense industry, for approximately $4.0 billion in total consideration, including the assumption of debt. Esterline shareholders received $122.50 per share in cash.
Electra USA, a subsidiary of Electra Group, is acquiring 51% of the share capital of Hellman Electric and Gilston Electrical, both New York-based electrical contractors.
Maxon Precision Motors Inc. is opening a new design engineering and production facility in Taunton, Massachusetts, covering 60,000 square feet, with a grand opening scheduled for March 19, 2019.
Roll Group has been awarded a contract to transport 24 modules for Total's ethane cracker project in Port Arthur, USA, with voyages scheduled between March and August 2019.
Toyota announced nearly $750 million in investments across five U.S. plants, including $62 million for Bodine Aluminum's Troy, Missouri foundry and $50 million for its Jackson, Tennessee foundry, to increase production of cylinder heads, engine blocks and hybrid transaxle cases.
Toyota Motor Manufacturing West Virginia will invest $111 million to expand its facility and double hybrid transaxle capacity from 120,000 to 240,000 units annually by 2021, creating 123 new jobs.
Toyota announced it will invest $111 million and add 123 jobs at its Buffalo, West Virginia plant to double production of hybrid transaxles. The expansion adds 72,000 square feet and will increase annual production from 120,000 to 240,000 units by 2021.
The Weir Group is investing an additional $15 million in its Newton manufacturing facility in Mississippi as part of a total $50 million plan supporting 150 jobs at the plant.
Scholle IPN Packaging will invest $10.29 million to expand its production facility in Chilhowie, Smyth County, Virginia, creating 42 new jobs. Virginia state and county incentives support the project.
C-P Flexible Packaging, a portfolio company of First Atlantic Capital, acquired Buffalo, New York-based custom plastic manufacturing and printing firm Flexo Transparent from ORIX Mezzanine and Sidereal Capital Group. No financial terms were disclosed.
Pierce Manufacturing's authorized Pennsylvania dealer Glick Fire Equipment opened a service center in Hatfield, Pennsylvania, in late 2018 and expanded its mobile service fleet to 18 units.
Hudbay Minerals agreed to acquire United Copper and Moly's 7.95% interest in the Rosemont copper project for $45 million cash plus three annual installments of $10 million, simplifying ownership and allowing Hudbay to seek a new joint venture partner.
Sisler Manufacturing Group is investing $14 million to expand its Dickson, Tennessee operations by adding 40,000 square feet. The expansion is driven by a large program of stampings and welded assemblies for Nissan's 2021 model, and is expected to be operational in Q3 2019.
Konecranes will supply four rubber-tyred gantry cranes to the Massachusetts Port Authority for the Conley Terminal in Boston. The cranes, scheduled to arrive before the end of 2019, will increase Massport's RTG fleet to twelve. They feature Active Load Control and auto-steering systems.
Baystar Polymers held a groundbreaking ceremony for a new 625,000 metric ton-per-year Borstar polyethylene unit at its Pasadena, Texas site. The unit is expected to start up in 2021 and will use Borstar technology for the first time in North America.
Altitude Aerospace Group acquired an interest in US-based engineering firm Altech Aerospace to expand its international engineering leadership and presence in the US market.
Smith & Nephew agreed to buy Osiris Therapeutics for about $660 million in cash to gain regenerative skin and wound products.
Twin Disc broke ground on a new 50,000-square-foot manufacturing facility in Lufkin, Texas, to produce power take-offs and clutches for heavy duty industrial equipment. The facility is set to open in early January 2020 and will create 20-30 jobs in the first year.
Exactech acquired XpandOrtho, a designer of soft tissue balancing instruments for knee replacement, to enhance its ExactechGPS computer-assisted navigation system.
Blackstone Infrastructure Partners closed the purchase of 100% of the membership interests in Tallgrass Energy's general partner and an approximately 44% economic interest for $3.2 billion. GIC and Enagás are minority investors in the transaction.
Maksteel, owned by Union Partners, has acquired LexWest Steel, a Los Angeles-based distributor of flat-rolled steel products. LexWest will be rebranded as Maksteel USA, expanding Maksteel's North American facilities to nine.
KIHOMAC has secured a contract to fabricate and produce counter unmanned aerial systems (C-UAS) drone fuselage prototypes for Monarc Holdings' ANAX UAS Platform.
Securisyn Medical was awarded a $158,000 Small Business Innovation Research Phase I contract by the U.S. Air Force to enhance its airway stabilization system for military healthcare.
Innovative Chemical Products (ICP Group) acquired ASTEC, a brand of fluid-applied membrane systems for roofs, walls and industrial surfaces. The deal expands ICP's building solutions portfolio.
TPG Capital acquired a majority stake in Goodnight Midstream, a midstream produced water infrastructure company, for approximately $930 million from Tailwater Capital and private investors.
Ingredion acquired Western Polymer Corporation, a potato starch processor for food and industrial markets. The deal expands Ingredion's specialty ingredients business.
SGL Carbon and Onur Materials Services signed a multi-year contract for delivery of engine cowling blankets for V2500 engines on Onur Air's Airbus A321 fleet, totaling 32 engines. Onur Materials Services will also act as a sales partner for distribution in the Middle East. Delivery starts in the first half of 2019.
Aegion Corporation's unit Insituform Technologies received a $10.6 million contract from the City of Lawrence, Massachusetts, for the Wastewater Rehabilitation Project. Insituform will rehabilitate nearly 8 miles of wastewater pipelines using cured-in-place pipe technology, with work starting in April 2019 and expected to be completed within two years.
The US Navy awarded a $322.5 million contract to Northrop Grumman for engineering and manufacturing development of the AGM-88G AARGM-ER missile's solid rocket motor. Work will be performed in Northridge, California, with completion expected by the end of 2023.
NVIDIA has reached a definitive agreement to acquire Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion, uniting leaders in high performance computing.
Vessco Inc., a water and wastewater treatment technology supplier and portfolio company of O2 Investment Partners, has made an investment in Dorner Products, a flow control equipment supplier in Wisconsin.
Barrick Gold and Newmont Mining have signed an implementation agreement to create a joint venture combining their mining operations in Nevada, with Barrick as operator and ownership split 61.5% Barrick and 38.5% Newmont.
Golden West Packaging Group, a New York-based packaging holding company, acquired Renton, Washington-based Allpak Container, which makes consumer and industrial packaging at facilities in Seattle and Spokane.