Nuverra Environmental Solutions announced on October 5, 2018 that it has acquired Clearwater Solutions.
KOSTAL Kontakt Systeme will invest $57.8 million to construct a new North American headquarters and production facility in Rochester Hills, Michigan, relocating from a leased facility by 2021 to meet growing demand.
Nalco Water, the water-management business of Ecolab, acquired ChemStaff, a provider of strategic consulting and engineering solutions for the global power industry. The acquisition strengthens Nalco Water's services for industrial customers.
Teleflex acquired Essential Medical, developer of the Manta vascular closure device, for an undisclosed amount. The deal expands Teleflex's presence in structural heart and endovascular aneurysm repair markets.
Montage Partners, a private equity firm, has made an investment in Puroflux Corporation, a manufacturer of commercial and industrial water filtration systems based in Simi Valley, California. The investment was made in partnership with Puroflux management.
Dürr Systems AG completed the acquisition of the industrial environmental technology business of Babcock & Wilcox Enterprises, Inc., including MEGTEC and Universal, as of October 5, 2018. The deal strengthens Dürr's air-pollution and noise-control technologies globally.
ATTC Manufacturing, a subsidiary of Japan's Aisin Takaoka, plans to invest more than USD 27.3 million in Perry County, Indiana, as part of 22 manufacturer expansion plans announced on National Manufacturing Day.
The Middleby Corp., an Illinois-based food processing equipment company, acquired M-TEK Corp., a manufacturer of modified atmosphere packaging systems.
Industrial Growth Partners V, L.P., in partnership with management and certain outside investors, acquired BMG, a provider of turnkey thermoforming and packaging systems for the food & beverage market, on October 4, 2018.
Ørsted has completed the acquisition of 100% equity interest in Lincoln Clean Energy LLC from I Squared Capital. Ørsted will create a new business unit named Onshore Wind.
TRC has acquired IJUS, a US-based power/utility engineering firm, for an undisclosed sum.
Eldor Corporation, an Italian manufacturer of automobile systems, started production at its new plant in Botetourt County, Virginia. The company invested $75 million in the facility, which features fully automated production lines and will create more than 350 jobs.
Trane announced it will close its Lexington, Kentucky HVAC plant by the end of 2019, laying off 600 hourly workers. Production will be consolidated to its Columbia, South Carolina plant, where Trane plans to hire more than 750 employees.
Buckles-Smith of Santa Clara, CA, has agreed to acquire Allied Electric of Fresno, CA, a family-owned electrical distributor serving California's Central Valley. The acquisition will create one of the largest independent electrical distributors in California and the West.
MDU Resources Group Inc. acquired Sioux Falls-based Sweetman Construction Co., which does business as Concrete Materials Co. The company will become part of Knife River Corp., MDU Resources' construction materials subsidiary. The acquisition includes 260 employees, aggregate reserves, asphalt plants, ready-mix plants, and a railroad.
Kingswood Capital Management acquired WAVE Electronics and will merge it with its portfolio company AVAD LLC to create the largest value-added distributor of high-end audio, video, security, and home automation solutions in North America.
Waldinger Corp. plans to build a $20 million corporate headquarters and production facility in Des Moines, Iowa, following its acquisition of Wolin Mechanical-Electrical. The total cost could reach $22 million.
Caterpillar Inc. will locate a casting facility in Greenwood County, South Carolina, investing $13.5 million and creating 85 new jobs. The company purchased an existing 103,000-square-foot building in Hodges, S.C., to produce specialty castings for engines and transmissions.
KOSTAL Kontakt Systeme, Inc. has formalized plans to invest $57.8 million to construct a new North American Headquarters and production facility along M-59 in Rochester Hills, Michigan. The company designs and manufactures electrical connectors for the automotive industry.
Rubber and plastics manufacturer Lavelle Industries is expanding its operations in Burlington and Whitewater, Wisconsin, with up to $14 million in investment over three years. The expansion is expected to create 70 new jobs and is supported by state tax credits.
Aberdeenshire-based Interventek Subsea Engineering received an order worth over £1 million from Louisiana-based PRT Offshore for its Revolution in-riser shear and safety valves. The valves will be included in PRT's subsea safety system for Gulf of Mexico well operations.
Siemens announced plans to acquire Russelectric, a Massachusetts-based manufacturer of power control systems including paralleling switchgear and automatic transfer switches. The acquisition will add Russelectric's approximately 400 employees to Siemens' US footprint.
The Defense Microelectronics Activity awarded a sole-source contract valued at $14,890,000 to Photronics Idaho for trusted photomask fabrication to meet US government requirements.
Siemens Healthineers has completed a $300 million expansion of its laboratory diagnostics manufacturing facility in Walpole, Massachusetts, creating 275 jobs so far with a commitment to 400 jobs in the next few years. The facility will reopen on Friday.
InnerScope Hearing Technologies Inc. signed a 10-year manufacturing, design and marketing agreement with Zounds Hearing Inc., making InnerScope an FDA-registered hearing aid manufacturer. Zounds will provide design, technology, manufacturing, and supply chain services from its facility in Chandler, Arizona.
INEOS Group intends to expand phenol production capacity at its Mobile, AL plant by up to 850,000 tn/yr, making it the largest phenol unit in the world.
Willdan Group, Inc. has signed an agreement to acquire all outstanding shares of Lime Energy Co. for $120 million in cash. The acquisition is expected to close in Q4 2018.
Evanesce Packaging Solutions will locate its first large-scale production facility in Walterboro, South Carolina, to manufacture compostable food service trays. The $70 million investment is expected to create 368 jobs over five years, with production starting in early 2019.
Meggitt secured a multi-year contract worth $323 million from the US Defense Logistics Agency to supply wheels, brakes, and related spare parts for military aircraft including H-60 Blackhawk, F-16, and CH-47 Chinook. The contract has a five-year base period with a possible five-year option.
New-Indy JV agreed to acquire Resolute Forest Products' Catawba paper and pulp mill in Catawba, South Carolina, which makes coated mechanical paper, specialty paper and market pulp. The deal is expected to close by December 31, 2018.
Jiangyin Eastern Valve supplied 671 API 603 stainless steel gate, globe and check valves for a Dow Chemical project in the USA, delivered at the end of September 2018. The end customer is MRC, and the valves were made for FORUM-COOPER.
Kordsa Inc., a unit of Kordsa Teknik Tekstil, acquired 100% shares of Advanced Honeycomb Technologies Corporation for $3.2 million, expecting to generate about $4 million in annual composite revenue increase in the US.
Waterlogic acquired Minnesota Water, based in Maplewood, Minnesota, and Water Engineering Technologies, based in Burien, Washington, expanding its direct service and sales presence in the US.
Ta Chen Stainless Pipe Co plans to acquire Alumax Mill Products Inc for US$350 million in cash to increase aluminum manufacturing capacity in the US and bypass heavy tariffs, with the transaction expected to close in Q2 2019.
Auto Parts Manufacturing Mississippi (APMM) is increasing production in Lee County, Mississippi, with a $100 million investment and the creation of 50 jobs, to support increased production for the 2019 Toyota Corolla.
Macquarie Infrastructure Partners (MIP) closed the deal to purchase Wheelabrator Technologies from Energy Capital Partners for an undisclosed sum, after receiving all necessary regulatory approvals.
Raven Industries' Raven Aerostar division was awarded a five-year $36.2 million contract by the US Navy to deliver, install, operate and sustain air surveillance radar systems on T-EPF class ships.
The US Department of Justice cleared United Technologies Corporation's $30 billion acquisition of Rockwell Collins, requiring divestiture of two businesses to approved buyers.
US Well Services signed a contract with PW Power Systems to purchase MOBILEPAC natural gas turbine generators for use in hydraulic fracturing, with exclusive supply rights for that application.
Elkhart Plastics Inc. signed a definitive agreement to purchase the assets of The Plastic Professionals (P2) and Connect-A-Dock (CAD) in Atlantic, Iowa. The transaction is expected to finalize within 30 days.
TTI, Inc., a specialty distributor of electronic components, announced the closing of its acquisition of RFMW Ltd., a RF and Microwave specialty component distributor headquartered in Silicon Valley, California. RFMW will continue to operate under its brand name.
Krones Inc. acquired W.M. Sprinkman Corp., a Waukesha, Wisconsin maker of food and beverage processing equipment with 125 employees, for an undisclosed price. The deal closed on October 2, 2018.
Resolute Forest Products agreed to sell its Catawba, South Carolina paper and pulp mill to New-Indy Containerboard for about $300 million, including $260 million in cash and about $40 million of assumed liabilities. Closing is expected around year-end 2018.
A Subsea 7 and OneSubsea joint venture won a sizeable contract from Fieldwood Energy for the deepwater Katmai field in Green Canyon 40, US Gulf of Mexico. OneSubsea supplies subsea production systems and Subsea 7 supplies umbilicals, riser and flowline systems; offshore installation is scheduled for 2019.
Standex International Corporation acquired Agile Magnetics, a provider of high-reliability magnetics, for $39.0 million in an all-cash transaction. The acquisition was announced on October 1, 2018.
Becton, Dickinson and Co. announced a $200 million investment across its Nebraska portfolio of sites in Columbus, Holdrege, and Broken Bow, supporting the creation of 300 new jobs. The investment was announced in October 2018.
Hampton Farms, a division of Severn Peanut Company Inc., will invest $5.735 million to install a bulk peanut butter production line at its peanut processing operation in Southampton County, Virginia, creating 14 new jobs.
GRAEF-USA Inc. acquired Waukesha-based Czarnecki Engineering Inc. The transaction closed on October 1, 2018 for an undisclosed price.
Monogram Food Solutions is investing $30 million to expand its Monogram Snacks meat snacks facility in Martinsville, Virginia, creating 300 jobs over two years. This is the fourth expansion of the plant.
The US Coast Guard awarded Huntington Ingalls Industries' Ingalls Shipbuilding division a $97 million fixed-price contract to purchase long-lead materials for an 11th National Security Cutter.