WABCO has signed a 10-year agreement with a major European high-end passenger vehicle manufacturer to develop and supply innovative air suspension technology, including air supply modules and control software.
Ravago Holdings America Inc. has acquired H.B. Chemical Inc., a distributor of synthetic rubber and specialty chemicals for the North American rubber industry. The acquisition includes H.B. Chemical's businesses in the U.S., Canada, Mexico, and Asia.
KPS Capital Partners has completed the sale of the Paladin and Pengo business units of International Equipment Solutions to Stanley Black & Decker. KPS retains the Genesis and Crenlo Global units.
Doyon Project Services contracted Blue Mountain Electric to provide electrical, communications, security, and lightning protection systems for the P-604 Missile Mag project at Naval Magazine Indian Island. The project will construct five missile magazines over two years.
Tribus Aerospace Corp. completed the acquisition of Midwest Precision Holdings Inc., a manufacturer of precision components for aerospace, defense, energy and engineered products markets. Terms were not disclosed.
General Electric division Datex-Ohmeda won a $100 million contract to supply the U.S. Department of Defense with patient monitoring systems, accessories and training. The five-year base contract includes a single five-year option period, with performance through March 2024.
AE Industrial Partners has acquired Resolute Industrial Holdings, a leading independent provider of specialty HVAC&R equipment rental solutions, compressor remanufacturing, and refrigerant storage services in North America. Terms were not disclosed.
Delta Electronics, through a wholly-owned subsidiary, has signed a definitive agreement to acquire Amerlux, a US-based LED architectural lighting solutions company.
Smurfit Kappa is expanding Bag-in-Box packaging capacity with a new 100,000 sq ft plant in Texas, USA, acquired recently, to be equipped with modern dosing technology and employ 70 people at full capacity.
Dynamic Manufacturing and Global Battery Solutions have formed a strategic partnership to create Dynamic GBS, described as the industry's largest EV battery remanufacturing supplier. The new entity is headquartered in Holland, Michigan.
ARCH Global Precision has acquired Competitive Carbide, a manufacturer of customized solid carbide drills, end mills, reamers, indexable tools and PCD-tipped tools, based in Mentor, Ohio. The acquisition broadens ARCH's cutting tool product offering.
TNT Crane & Rigging's subsidiary Allison Crane & Rigging has acquired the crane division assets from Affirm Oilfield Services, a subsidiary of Select Energy Services. The acquisition adds 12 cranes to Allison's fleet and more than 30 employees.
Michigan Potash and Salt Co. and Barton Malow Co. have partnered to build a $750-million potash and salt facility north of Big Rapids, Michigan. The project life is capable of spanning over 150 years.
Maxim Crane Works has acquired B&G Crane Service, a subsidiary of NCSG based in New Orleans, Louisiana. The acquisition includes B&G's fleet of more than 150 cranes and branches in Louisiana and Texas.
Coolisys Technologies, through its subsidiary Enertec Systems 2001, received a $2.9 million contract from a leading defense and aerospace OEM to develop and manufacture a satellite testing system for its space division.
Nouryon (formerly AkzoNobel Specialty Chemicals) is investing in a new world-scale polymerization plant in the US for its Expancel expandable microspheres. The project is scheduled for completion in late 2020, subject to final board approval.
The U.S. Army awarded a potential $704.2 million contract to Leading Technology Composites, 3M's Ceradyne subsidiary, and TenCate Advanced Armor to supply hard armor plates. Work is expected to finish by March 5, 2023.
GE Power signed a contract with Fortress Transportation and Infrastructure Investors to supply HA gas turbine technology for the 485 MW Long Ridge Energy Generation Project in Hannibal, Ohio. GE will also deliver a steam turbine, generator, and heat recovery generator.
CoorsTek broke ground on a 50,000 sq ft expansion at its Benton, Arkansas facility, representing $26 million in capital investments. The expansion will increase workforce by approximately 15% and support aerospace and defense industries.
NOVI Energy selected GE's HA gas turbine technology for the planned 1,060 MW Charles City Combined Cycle Plant in Virginia. The technology selection is expected to become an order by end of 2019.
Dana Incorporated announced a strategic partnership with Hyliion Inc., taking an equity position as a lead investor. Dana will supply traditional driveline components and e-Axles for Hyliion's Class 8 hybrid systems.
Corvid Technologies, a CNI Family Company, was awarded a $223.3 million contract over five years to build, integrate, and launch sub-orbital flight vehicles for the U.S. Navy and other organizations.
Lotte Chemical Corp. will begin full-fledged commercial production at its new ethane cracker and ethylene glycol complex in Lake Charles, Louisiana, next week. The $3.1 billion project has a capacity of 1 million tons of ethylene and 700,000 tons of EG per year.
Dynovis Inc. will invest $592,000 to renovate a 75,000-square-foot vacant facility in Rockbridge County, Virginia, establishing a new manufacturing operation and creating 44 jobs.
Yongsan Automotive USA is investing more than $5.5 million to open a manufacturing facility in Opelika, Alabama, that will employ 150 workers after three years. The facility will produce interior parts for Hyundai Motor Manufacturing of Alabama and begin operations in April 2019.
MACOM Technology Solutions Inc. was awarded a contract from the United States Air Force Research Laboratory to develop advanced GaN-on-SiC semiconductor process technology for millimeter-wave MMIC products. The contract is valued at approximately $4.0 million.
Mayville Engineering Company (MEC) announced a definitive agreement to acquire privately held Mid-States Aluminum Corp., expanding its capabilities in lightweight materials. The acquisition is expected to be immediately accretive to MEC's EPS, Adjusted EBITDA and Free Cash Flow at closing.
Air Industries Group secured a follow-on contract valued at over $11.0 million for landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft. Production is scheduled to commence in the second half of 2025.
Eaton announced a new manufacturing facility for three-phase transformers in Jonesville, South Carolina, creating 700 local jobs. Hiring will begin in 2027.
Westlake Chemical Corporation will acquire Boral Ltd.'s North American building products businesses for $2.15 billion, nearly doubling Westlake's building products business.
Owens Corning announced a $3.9 billion acquisition of Masonite, a manufacturer of interior and exterior doors and door systems, to strengthen its position in building and construction materials.
Ares Strategic Mining has been awarded a Pentagon contract to supply acid-grade fluorspar to the U.S. Department of Defense. The multi-year deal has an initial value of $169 million, with potential task orders reaching $250 million over five years.
BASF has broken ground on the third and final phase of its MDI expansion project at the Geismar, Louisiana Verbund site. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade, with an investment of $780 million for this phase.
CRH plc has reached an agreement to acquire a portfolio of cement and readymixed concrete assets in Texas from Martin Marietta Materials for $2.1 billion. The assets include a 2.1mt capacity cement plant and 20 readymixed concrete plants.
Air Industries Group received a $110 million, 7-year contract for the production of Thrust Struts used in Geared Turbo-Fan aircraft jet engines, expanding its backlog to over $280 million.
Tenax Aerospace Acquisition, LLC and Air Industries Group entered into a merger agreement to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing.
HKW, a private equity firm, acquired Handling Systems and Conveyors, Inc. (HSC), a designer and manufacturer of material handling systems for aerospace, industrial manufacturing, and transportation.
MP Materials began construction on a rare earth magnetics factory in Texas, part of a $700 million investment to restore the U.S. rare earth magnetics supply chain. The facility will create about 150 skilled jobs and supply magnets for GM's EV programs starting in late 2023.
Hitachi, Ltd. acquired Flexware Innovation, Inc., a manufacturing systems integrator, on August 31, 2022. The acquisition strengthens Hitachi's MES and SCADA business in North America.
Eaton has been awarded a contract valued at approximately $15 million to provide electrical distribution, control solutions and engineering services for a new electrical distribution facility at the Miami-Dade South District Wastewater Treatment Plant.
Novanta Inc. has reached an agreement to acquire Schneider Electric Motion USA (Intelligent Motion Systems) for $115 million in cash. The transaction is expected to close in the third quarter of 2021.
Skyworks Solutions and Qorvo have entered into a definitive agreement to combine in a cash-and-stock transaction valued at approximately $22 billion, creating a U.S.-based leader in high-performance RF, analog and mixed-signal semiconductors.
Therma Bright Inc. has secured an initial purchase order for 100 Venowave VW5 units from new national distribution partner Valor Medical Solutions of San Antonio, Texas.
Worthington Steel's joint venture TWB Company has signed a licensing agreement with ArcelorMittal Tailored Blanks for patented ablation technology to produce hot formed tailored blanks. TWB plans to install a fully automated ablation line at its Monroe, Michigan facility.
VSE Corporation has entered into a definitive agreement to acquire Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners, for approximately $2.025 billion in cash and equity. The acquisition expands VSE's aviation aftermarket capabilities.
VPT Inc. and SST Components Inc. have formed a collaboration called VPT Components to supply the high-reliability electronics market with discrete semiconductor products for military, defense, satellite, and aerospace industries.
American Posts LLC, a sister company of Universal Metals, has acquired Ohio-Kentucky Steel, a steel slitting company based in Franklin, Ohio, to bring slitting capabilities in-house.
Raytheon Co. was awarded a $17,828,176 firm-fixed-price delivery order for aircraft radar system spare parts. Performance location is Mississippi, with completion by Dec. 20, 2021.
METYX USA is adding 11,000 tons of production capacity for composite reinforcements at its factory in Gastonia, North Carolina, bringing forward planned 2020 and 2021 investments into 2019. The new capacity will be available in the second half of 2019.
Fortress Transportation and Infrastructure Investors selected GE's 7HA.02 gas turbine for the 485-MW Long Ridge Energy Generation Project in Hannibal, Ohio. The order includes a steam turbine, generator, HRSG, and a services agreement.