Grand Rapids-based private investment firm Auxo Investment Partners has acquired Midway Rotary Die Solutions, a die manufacturer in Williamston, Michigan. Auxo plans to add six toolmakers and machinists and four programmers across Midway and its existing portfolio company Bernal Rotary Dies.
NIBCO purchased a 173,055-square-foot building in Buena Vista, Virginia from STAG Industrial for $3.7 million.
NIBCO plans to invest $14 million to update and expand its Stuarts Draft plant in Augusta County, Virginia, adding new equipment and 30 jobs.
Palmer Manufacturing and Tank will invest $16 million in its Garden City, Kansas manufacturing facility, which was re-acquired by its original owner, and grow to employ 201 people within three years.
County Materials Corporation acquired the Indiana-based manufacturing assets and real estate of the Sanders Companies, including a precast manufacturing facility in Whitestown, IN, effective August 6, 2018.
Daseke Inc. acquired Memphis-based Builders Transportation Co., a steel, aluminum, and metal products carrier, for $53.8 million including $3.4 million in stock.
Bolts & Nuts Corporation, a Tecum Capital portfolio company, has completed a merger with Technical Threads of Franklin, Indiana. Technical Threads is a provider of engineered pipe, valve and fitting fasteners and gaskets.
Abiomed opened a new $17 million, 29,800 square-foot innovation center in Danvers, Massachusetts, housing R&D laboratories, a production line, and administrative spaces.
Quench, an operating platform of AquaVenture Holdings, acquired substantially all assets of Alpine Water Systems, a point-of-use water filtration company based in Las Vegas, Nevada. Alpine serves large national customers across 11 major U.S. metropolitan areas.
American Electric Technologies (AETI) agreed to sell the U.S. assets of its M&I Electric Industries subsidiary to Myers Power Products for $17.3 million. The buyer will also assume approximately $12.8 million in liabilities.
Samsung subsidiary NeuroLogica won a $250 million firm-fixed-price contract to supply the US Department of Defense with radiology systems, accessories and training. The contract has a five-year base and five-year option period, with performance completion by August 2, 2028.
Skyworks Solutions signed a definitive agreement to purchase Avnera Corporation, a developer of analog system-on-chips for audio and voice processing. The acquisition is expected to close by September 2018.
SJW Group amended its merger agreement with Connecticut Water Service to an all-cash acquisition of all shares for $70.00 per share, valuing the transaction at $1.1 billion.
Triumph Group received a contract extension from Lockheed Martin to supply titanium exhaust screens for the F-35 Lightning II fighter jet. The work will be performed at its facility in Hot Springs, Arkansas.
ABB will expand its Thomas & Betts operation in Athens, Tennessee, adding 60,000 square feet and creating up to 70 new jobs. The expansion is expected to be completed by the end of 2019.
Swisslog Logistics Automation will implement its CarryPick goods-to-person automation system at Waytek's distribution center in Chanhassen, Minnesota.
Parker Aerospace, a division of Parker Hannifin, has been chosen by Safran Oil Systems to supply oil reservoirs for the CFM International Leap aircraft engine using robotic welding techniques.
V Group signed an agreement with US beverage co-packer United Packaging Group to produce its beverage brands, including RK Super and And Fitness Water, in bottles and dumbbell packaging.
Sealed Air acquired Austin Foam Plastics, Inc. (AFP, Inc.), a provider of engineered protective packaging, and will integrate it into its Product Care Division. AFP has six US facilities and a presence in Asia and Mexico.
GE Aviation invested $50 million in an expansion of its Hooksett, New Hampshire plant to increase production capacity for blisks used in LEAP engines.
The Virginia Port Authority is implementing a $320 million expansion at Virginia International Gateway (VIG) and a $350 million expansion at Norfolk International Terminals (NIT), including new cranes, wharf, and rail yard, to increase container capacity by 40% by 2020.
MW Industries, a provider of springs, fasteners, and machined parts, has acquired Ameriflex Inc., a manufacturer of precision-formed metal bellows, flexible metal hoses, and metal flanges for semiconductor, microelectronics, and aerospace industries.
FibreTuff Medical Biopolymers is opening a new facility in West Unity, Ohio to manufacture its PAPC filament for medical devices. Production is expected to begin in August 2018, and the company plans to hire 20 more people over three years.
Continental Motors Group (CMG) has started foundation work for a new 275,000-square-foot manufacturing facility in Mobile, Alabama, as part of a $75 million plan to transform its operations. The facility will focus on advanced engine and parts manufacturing, including additive manufacturing and automation.
ON Semiconductor announced plans to invest over $600 million (over 10% of $5.5 billion revenue) in its fabs and power packaging facilities, including investments in the South Portland, Maine fab for SiC epi wafers, the Mountaintop, Pennsylvania fab for power MOSFETs, the Busan, Korea fab for IGBTs, and increasing ownership in a joint fab with Fujitsu in Japan. The company is also planning a move to 300mm wafers in the Asia-Pacific region within 2-3 years.
Siemens opened a new Test Observatory at its Norwood Motor Manufacturing plant near Cincinnati, Ohio, extending the testing range from 10,000 to 20,000 hp. The project began in 2016 and includes new testing equipment that recycles power to the grid.
The Pentagon awarded Huntington Ingalls Industries a $165 million contract for procuring long-lead-time materials and non-recurring engineering activities for the first San Antonio-class Flight II ship (LPD-30). Construction is scheduled for 2020.
Midwest Paper Group is investing $30 million and creating up to 321 jobs to restart and convert the former Appleton Coated mill in Combined Locks, Wisconsin, to produce packaging-grade paper.
Hexagon's Mining division acquired Guardvant, a provider of integrated safety solutions for the mining industry, including fatigue monitoring technology. The acquisition strengthens Hexagon's mine safety portfolio.
Brakebush Brothers has reached an agreement to acquire the House of Raeford cooked chicken plant in Moc.
Riverland Ag Corp., a wholly owned subsidiary of Ceres Global Ag Corp., has acquired 100% of the equity of Nature's Organic Grist, a supplier of organic and ancient grains, milled flours, and animal feed products.
Versalift, a Time Manufacturing Company, announced the acquisition of O.G. Hughes & Sons, resulting in the creation of a new company-owned distributor called Versalift Southeast, serving Tennessee, Georgia and Alabama.
Ergon, Inc. announced that its wholly owned subsidiary, Ergon Chemicals, LLC, completed the purchase of Resinall Corp and related entities on August 1, 2018. Resinall is a manufacturer of thermoplastic resins and polymers with facilities in Mississippi and North Carolina.
Israel-based private equity firm FIMI Opportunity Funds is acquiring defense electronics company Aitech Rugged Group Inc. for $30 million. Part of the sum will be used to buy Aitech from its current owners and the rest will be infused into the company for operational growth.
D&W Fine Pack is investing over $8 million to modernize its straw, cutlery and kitting operations at its 650,000-square-foot plant in Fountain Inn, South Carolina, adding three new injection molding machines and hiring automation engineers.
General Electric was awarded a $630.5 million firm-fixed-price contract by the U.S. Navy for repair, replacement and program support of 773 F414 engine components used on F/A-18 E/F and EA-18G aircraft. Work will be performed at various GE supplier locations and in Jacksonville, Florida, with completion expected by April 2022.
Mercury Systems received an $11.8 million order from a leading defense prime contractor for custom radiation-tolerant solid-state drives for a defense data storage application. The order was booked in the company's fiscal 2018 fourth quarter.
The Port of Virginia received the first six of 60 rail-mounted gantry cranes at Norfolk International Terminals as part of a $375 million capacity expansion project. The project will increase annual throughput capacity by 400,000 container units and is expected to be complete by mid-2020.
Genstar Capital, a private equity firm, has acquired BBB Industries, an automotive aftermarket parts remanufacturer based in Daphne, Alabama. The acquisition aims to expand product offerings through investments in new technologies, capacity expansions, and acquisitions.
Michigan Metal Coatings is expanding in Port Huron, Michigan, by purchasing an additional 66,375-square-foot facility to add capacity. The project is part of a broader announcement of three expansions generating $115.2 million in private investment and 91 jobs.
Arconic is expanding its operations in Whitehall, Michigan, to meet growing demand from aerospace engine customers. The project is expected to generate a total capital investment of approximately $100 million and create 45 new jobs.
Berry Global Group acquired Laddawn Inc. in August 2018, adding five manufacturing plants and boosting film sales capabilities.
Kanthal acquired Custom Electric Manufacturing Co., a manufacturer of heating elements in North America, headquartered in Wixom, Michigan. The transaction closed on August 1, 2018.
Micron Technology announced plans to invest $3 billion by 2030 to increase memory production at its Manassas, Virginia plant, creating 1,100 new jobs. Initial clean room expansion is expected to be completed in fall 2019 with production ramp in first half of 2020.
Brookfield Business Partners and institutional partners completed the acquisition of Westinghouse Electric Company from Toshiba Corporation for $4.6 billion, and Westinghouse emerged from Chapter 11 bankruptcy.
Drake Enterprises, an auto and heavy truck supplier, announced it will open a second manufacturing facility in Clinton Township, Michigan. The 38,000 sq. ft plant will focus on swaging and will be occupied in September 2018, fully operational by mid-2019.
COIM USA broke ground on an expansion at its West Deptford, NJ plant to increase capacity for Low Free Polyurethane pre-polymers by up to 2.5 times, with completion expected by Q1 2020.
Union Partners announced that Lee Steel, Berg Steel, JIT Steel Service, and JIT Steel Transport will operate as Maksteel, and Opus Metals will change its name to Mak Specialty Metals, effective August 1, 2018.
Doyon Project Services was awarded a contract to replace the HVAC system at U.S. Coast Guard Base Seattle for $1.8 million.
CAE acquired US-based Alpha-Omega Change Engineering (AOCE) for approximately $29 million through its subsidiary CAE USA Mission Solutions. AOCE provides crew training, evaluation, and technical support services to the US Department of Defense.