OMNI Environmental Solutions, Inc., a portfolio company of One Equity Partners, acquired Pennsylvania-based Force Environmental Solutions, LLC, a provider of environmental equipment and transportation and disposal services to energy producers in the northeast U.S. The acquisition was announced in March 2019.
Atlas Copco acquired Appleton Compressor Service & Supply, a long-established US distributor of its compressors based in Wisconsin with about 15 employees. The purchase price was not disclosed.
HEICO Corporation's Flight Support Group acquired 80.1% of Decavo, LLC, a composite parts manufacturer, in an all-cash transaction on February 28, 2019. Financial terms were not disclosed.
SuperATV announced it will open a new manufacturing and distribution facility in Shreveport, Louisiana, investing $4.35 million and creating 75 direct and 42 indirect jobs.
Kratos Defense & Security Solutions acquired an 80.1% interest in Florida Turbine Technologies (FTT), a developer of advanced turbine engines, for $60 million ($33 million cash and $27 million stock). FTT will become part of the Kratos Turbine Technologies Division, focused on small jet engines for tactical weapons and unmanned aerial systems.
GE Aviation received a potential five-year, $366.2 million contract from the U.S. Navy to repair components of the T-64 engine used in heavy-lift helicopters. Work will be performed in Cherry Point, North Carolina through February 2024.
Fiberweb (India) Limited received export orders worth INR 141 million (US$ 2 million) for PP Spun Bond and Melt Blown Fabrics from customers in the USA.
Fenix Group, a specialty coatings company, acquired Concrete Coatings, Inc. (CCI), headquartered in Layton, UT, to expand its product offerings and manufacturing footprint in the construction and concrete market.
Hexion Inc. named Brenntag North America as its national distribution partner for epoxy specialty and base epoxy resins and intermediates businesses in the United States and Canada.
Baystar held a groundbreaking ceremony for a new 625,000 metric ton-per-year Borstar polyethylene unit at its Pasadena, Texas site. The unit will double site capacity and is expected to start up in 2021, creating about 1,750 construction jobs.
Platinum Equity has completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million. The business, headquartered in Alpharetta, GA, has six production facilities across North America, South America, and EMEA.
The Middleby Corporation has entered into a definitive agreement to acquire the Cooking Solutions Group of Standex International Corporation, which posted revenues of approximately $100 million last year. The acquisition includes brands such as Ultrafryer, APW Wyott, Bakers Pride and BKI.
Seda North America expanded its Mount Pleasant, Wisconsin operations with new office and training facilities and investment in production equipment, creating 29 jobs and bringing total employment to 245.
Marco Polo International and Global Plastics merged to form MGI International, a new holding company. ITOCHU International Inc. acquired a significant minority stake in MGI International. Financial terms were not disclosed.
Carmeuse Lime & Stone acquired Yager Materials, a Kentucky-based aggregate, asphalt and ready-mixed concrete producer, along with its subsidiaries. The acquisition includes a stone quarry, sand and gravel dredge business, aggregate yards, asphalt plants, concrete plants, a liquid asphalt terminal, and a marine barge division.
ThermAvant Technologies will more than quadruple its engineering and manufacturing space by opening a 33,000-square-foot facility at 2508 Paris Road in Columbia, Missouri in May 2019.
Teijin Ltd. has agreed to acquire Renegade Materials Corp., a North American supplier of heat-resistant thermoset prepreg for aerospace. Renegade will become a wholly-owned subsidiary of Teijin. The acquisition is anticipated to be completed in spring 2019.
Dallas Industries delivered a new UnderLoop SpaceSaver feed line to Wico Metal Products in Warren, Michigan, for use in automotive stamping. The line handles steel up to 0.250 in. thick and 36 in. wide, with coils up to 30,000 lbs.
Sabrewing Aircraft Company and the Aleut Community of St. Paul Island signed an agreement for Sabrewing to provide up to 10 aircraft (Rhaegal and Wyvern models), create an aircraft test range, and form a joint venture logistics company, valued at up to $43 million.
Merck has submitted an all-cash proposal to acquire Versum Materials for $48 per share, representing a premium of 51.7% over the undisturbed price. The combination would create a complementary portfolio of electronic materials for semiconductor and display industries.
ITOCHU Corporation announced its participation by capital investment in the acquisition of The LYCRA Company by Shandong Ruyi Science and Technology Group.
Suominen invested in a new large spunlace line in the US and upgraded existing plants in Green Bay, Brazil, and Spain.
Merck KGaA submitted an unsolicited proposal to acquire Versum Materials. Versum Materials had previously agreed to merge with Entegris in a deal valued at $9 billion.
Emirates Central Cooling Systems Corporation (Empower) signed an agreement with Trane Commercial for the supply of eco-friendly district cooling devices with a total capacity of 110,000 Refrigeration Tons.
Industrial Service Solutions, backed by Edgewater Growth Capital Partners III, completed the acquisition of Madison-Smith Machine & Tool, a Kentucky-based plant maintenance, repair and precision machining provider, in December 2012.
CorrChoice, a US maker of corrugated paper and industrial packaging, will invest $40 million to increase capacity at its Pennsylvania plant, creating 79 new jobs and enlarging the facility to 32,550 square meters.
Precision Aviation Group (PAG) and LORD Corporation entered a strategic partnership to promote and support LORD elastomeric helicopter components, focusing on Bell 206 and 407 platforms in the US and Canada.
OneH2 signed a definitive agreement to acquire all hydrogen generation and production assets of Nuvera Fuel Cells, LLC, a subsidiary of Hyster-Yale Materials Handling, including the PowerTap brand.
ProFlow, Inc. opened a new factory in North Haven, Connecticut, exclusively for manufacturing chlorine dioxide generators for Ecochlor's ballast water management system, boosting delivery capacity to over 200 units per year.
Fiat Chrysler Automobiles announced a $4.5 billion investment in Michigan, including $1.6 billion to convert the Mack Avenue Engine Complex into a new assembly plant for Jeep SUVs and $900 million to retool the Jefferson North Assembly Plant, creating nearly 6,500 jobs.
Ricardo Defense was selected by Bollinger Motors to supply the braking system including ABS/ESC for the all-electric Bollinger B1 and B2 sport utility trucks. Production is slated to start in 2020.
Doosan Skoda Power signed a contract with Lansing Board of Water & Light to supply an 80-MW DST-S10 steam turbine generator for a 250-MW combined cycle plant in Lansing, Michigan. The turbine is scheduled for commercial operation by spring 2021.
The automotive sunroof and panel systems unit of Inteva LLC plans to invest $13.9 million and hire 334 people in Oakland or Wayne counties, Michigan, after securing a new supply contract.
ST Engineering's Aerospace arm signed a 10-year, $600M agreement to provide aircraft maintenance to a major North American airline, covering over 160 aircraft, commencing in 2020. A new facility in Pensacola, Florida, under construction, will be used and is expected operational by 2022.
ST Engineering's aerospace sector received a potential 10-year, $600M contract to maintain over 160 widebody and narrowbody aircraft for a North America-based customer, commencing in 2020. Work will take place at facilities in Texas and Florida.
GRECO Aluminum Railings acquired Petersen Metals, a manufacturer of architectural metal products, to expand its product offering and national presence.
Kruger Plastics Products acquired Northern California Injection Molding and El Dorado Molds (NCIM) for an undisclosed sum, renaming it Springboard Manufacturing.
Fiat Chrysler Automobiles plans to invest $4.5 billion to build a new assembly plant in Detroit and add production at five existing Michigan facilities, creating nearly 6,500 jobs.
Pratt Industries will invest more than $20 million to finish and expand a shell building in Botetourt Center at Greenfield, Virginia, for manufacturing and converting corrugated boxes and displays, eventually employing 50 people.
CPI Aerostructures received an $8.1 million contract from Northrop Grumman to deliver outer wing panel kits for the E-2D Advanced Hawkeye aircraft. The order covers the first year of a potential multi-year deal valued up to $47.5 million.
The US Federal Trade Commission approved a final order settling charges that the joint acquisition of an under-construction PET production facility by Alpek (DAK), Indorama Ventures, and Far Eastern New Century would violate antitrust law. The order imposes conditions to prevent anti-competitive behavior.
Axiom Materials, a manufacturer of advanced composites, completed a majority recapitalization transaction with Sorenson Capital Partners. Keystone Capital Markets served as financial advisor.
Rolls-Royce announced a plan to manufacture parts and assemble a military version of the BR725 turbofan engine in Indianapolis, if it wins a U.S. Air Force competition to re-engine the B-52H bomber fleet.
Danaher Corporation announced a definitive agreement to acquire the Biopharma business of GE Life Sciences for approximately $21.4 billion in cash, with a net purchase price of about $20 billion after tax benefits.
The City of Scottsdale selected Archer Western as Construction Manager at Risk for a $15 million project to build a reverse osmosis treatment building at the Thomas Groundwater Treatment Facility, delivering a 1 MGD potable reverse osmosis system.
NASA Goddard Space Flight Center awarded Thales Alenia Space two contracts to deliver S-band Transponders and Travelling Wave Tube Amplifiers for the PACE and WFIRST missions.
Tyson Foods Inc. has chosen Pas Reform and NatureForm to equip the hatchery of its new chicken production complex at Humboldt in Gibson County, western Tennessee. The facility will include a feed mill, hatchery, processing plant and related operations, expected to process 1.25 million birds per week when it opens in 2020. The hatchery will have a total weekly capacity of 1.7 million eggs.
Jade Engineered Plastics is moving to a larger factory at 15 New Industrial Road, Warren, Rhode Island.
Polyram Plastic Industries Ltd. has invested $10 million at its Evansville, Indiana site and plans to increase staff to 50 by 2022.
Azane Inc, Star Refrigeration's US low-charge ammonia manufacturer, launched the new and improved packaged Azanefreezer 2.0 at the IIAR Conference in Phoenix, Arizona. The product is designed for cold storage warehousing and food processing applications.