Wolong Electric Group completed the acquisition of General Electric's small industrial motors business for $160 million. The deal includes several GE entities in Mexico and the US.
DHE Climate Solutions LLC acquired a fellow HVAC contractor. Details of the target and deal value are not disclosed.
Novelis broke ground on a $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. The 400,000 sq.ft. plant will create 125 jobs and have an annual capacity of 200,000 metric tons, with production starting in 2020.
Adesto Technologies announced a definitive agreement to acquire Echelon Corporation for $8.50 per share, representing a total equity value of approximately $45 million. The acquisition aims to expand Adesto's semiconductor solutions for the Industrial IoT.
Big River Steel announced a $1.2 billion expansion of its LEED-certified scrap recycling and steel production facility in Osceola, Arkansas. The expansion will double hot-rolled steel production capacity to 3.3 million tons annually and enhance electrical steel capability.
PumpMan Holdings has completed the acquisition of Healdsburg, California-based Groundwater Pump & Well, which provides irrigation, fire protection and water solutions. Groundwater will be integrated into PumpMan's Bartley Pump in Santa Rosa.
Dryvit Inc. committed to staying and expanding in Rhode Island after Providence changed its ordinance on EIFS products. The company signed a lease for 140,000 square feet in North Kingstown and will add jobs.
THS Constructors completed and opened a new 73,000-square-foot manufacturing facility for Norafin Americas in Mills River, North Carolina. The plant is Norafin's first U.S. production site and will create 50 jobs.
Consolidated Precision Products Inc., a portfolio company of Arlington Capital Partners, acquired Wollaston Alloys Inc., a designer and manufacturer of high alloy steel sand castings for defense and power generation industries.
ESCO Technologies Inc. acquired Doble Engineering Company for approximately $319 million in cash. Doble provides diagnostic test solutions for the electric utility industry.
Allied Power Group completed the acquisition of Eta Technologies, an independent provider of parts and maintenance for Siemens V-Series gas turbines, and purchased its Houston facility.
H2O Innovation was awarded four new industrial projects in North America worth $3.1 million, including a wastewater treatment system for a manufacturer in North Carolina and an RO system expansion in the Midwest.
Shawmut Corp. and Glen Raven Technical Fabrics have agreed to merge GRTF's automotive headliner and specialty industrial fabrics business into Shawmut, with Shawmut as majority owner.
American RENOLIT Corp broke ground on a new calender line at its La Porte, Indiana plant. The expansion will add 30 new jobs and is expected to reach full production in 2019.
Kerry celebrated the $28.6 million expansion of its facility in Rochester, Minnesota, which increases manufacturing capacity for naturally-derived fermented ingredients. The expansion includes a new spray dryer and two 10,000 gallon dryer feed tanks, and a ribbon-cutting ceremony was held on June 27, 2018.
AVITA Medical announced it has entered into an agreement to acquire a manufacturing facility in Ventura, California, to support the planned U.S. launch of the RECELL device. The facility is currently operated by a Fortune 500 contract manufacturer and AVITA will take over operations effective July 1, 2018, via an exclusive lease.
Synthomer announced plans to expand its existing manufacturing operations in Spartanburg County, South Carolina, with a $16 million investment that will create 10 new jobs. The expansion includes installing a new production reactor and associated equipment at its Roebuck facility.
Unipres, a Japanese stamping supplier, plans to invest $40 million to expand its production facility in Steele, Alabama, creating 70 jobs. The announcement was reported on June 28, 2018.
Crown Equipment received a tax credit to expand its New Knoxville, Ohio plant by 57,000 square feet, nearly doubling the facility. The expansion will create 63 full-time jobs and $2.5 million in new annual payroll by 2021.
IDEX Corporation announced the acquisition of the intellectual property assets of Phantom Controls, a St. Louis fire-pump control company, which will operate within IDEX Fire & Safety. The deal was announced on June 28, 2018.
CompanyBox has purchased an HP PageWide C500 digital press for its greenfield all-digital corrugated packaging plant in Charlotte, North Carolina. The press is scheduled for installation in fall 2018 and will be its largest digital investment.
Curtiss-Wright Corporation received a contract worth over $28 million from Bechtel Plant Machinery to supply submarine propulsion plant valves and spares for the U.S. Navy's Virginia-class submarines. Work is performed at its East Farmingdale, New York facility and runs through 2022.
Medtronic won a $471.6 million contract from the US Department of Defense to supply cardiovascular products to the Army, Navy, Air Force, Marine Corps and federal civilian agencies, with a performance completion date of July 1, 2023.
LG Electronics plans to invest $28 million to build a solar module assembly plant in Huntsville, Alabama, creating 160 jobs and producing 500 megawatts of solar panels annually starting in early 2019.
Superior Forge and Steel and A. Finkl & Sons received a contract from the U.S. Air Force to produce BLU-137/B penetrator warheads. The value and duration are not specified in the provided text.
Borgman Capital, through Material Handling Holdings, acquired Solution Dynamics Inc., Lift Products Inc., and Derco Mfg. Inc. in southeastern Wisconsin, with 40 employees continuing at their locations.
Lystek International Ltd. has been awarded multi-year, multi-million dollar contracts by the cities of Benicia and Palo Alto, California, to manage biosolids at its Organic Material Recovery Center in Fairfield, California.
Casteel Heating, Cooling, Plumbing, and Electrical merged with Knight Air Conditioning and Heating, expanding services to homeowners in the East Atlanta area. Knight, founded in 1971, will now offer electrical and plumbing services in addition to HVAC.
Gold Medal Service, a provider of HVAC, plumbing, and electrical services, merged with Water Works, a plumbing, heating, air conditioning and water purification company in Westwood, New Jersey. The partnership expands services in Bergen, Rockland, and Passaic counties.
Merrill Steel in Schofield, Wisconsin, was awarded a subcontract for structural steel and miscellaneous metals work as part of the Foxconn development in Mount Pleasant. Eight Wisconsin companies collectively share contracts valued at $14 million.
Auveco, a leader in automotive fastener and body hardware aftermarket, acquired Marli Manufacturing, a provider of automotive aftermarket mechanical components including engine head bolts and oil drain plugs.
Great Plains Manufacturing entered into a contract to purchase a 350,000-square-foot building in Abilene, Kansas, to expand production of its Land Pride division's tractor implements and attachments.
Steel Dynamics announced a $240 million expansion at its Columbus, Mississippi facility, including a third galvanizing line and other improvements, expected to create at least 45 jobs by 2020.
Infiltrator Water Technologies purchased the assets of Delta Environmental Products from Pentair Flow Technologies, including technologies, approvals, trademarks and physical assets. The products will be sold under a new subsidiary, Delta Treatment Systems LLC.
Costco is constructing a new chicken processing plant in Fremont, Nebraska, operated by Lincoln Premium Poultry. The 360,000 sqft facility will process 2 million chickens per week, employ 1,000 people, and be equipped with Marel Poultry systems.
Philips and Jackson Health System signed an 11-year agreement for Enterprise Monitoring as a Service. The agreement was announced on June 27, 2018.
Huvis Corp. plans to establish a polyester staple fiber (PSF) factory in a joint venture with Thailand's Indorama Ventures in the United States to broaden market share and avoid trade barriers.
Tokai Carbon Co. Ltd. has entered into an agreement to acquire Fort Worth-based Sid Richardson Carbon Ltd. and its affiliate companies in a transaction valued at about $308 million. Sid Richardson Carbon is the largest carbon black producer in the United States.
Choggiung Ltd., a village corporation, acquired a majority ownership of the Bristol Alliance of Companies, a group of construction and environmental services firms, from the Bristol Bay Native Corporation. The deal was announced on June 26, 2018.
Viking Plastics, an injection molding and assembly service provider, acquired Genesis Plastics and Engineering, a manufacturer of automotive interiors and custom injection molded products. The acquisition expands Viking Plastics' product capabilities and customer portfolio.
Lu-Ve Group acquired 100% of Zyklus Heat Transfer Inc, a Texas-based manufacturer of heat exchangers for commercial refrigeration and air conditioning, for $10 million. The deal closed on June 26, 2018.
AgriVision Equipment announced it will acquire Pender Implement in late August 2018, pending Deere and Company approval. The deal adds Pender's location to AgriVision's network of 17 stores across Iowa, Nebraska, Missouri and South Dakota.
Danfoss has purchased minority shares in Nelumbo, an American start-up in Hayward, California, that developed a surface treatment technology for heat exchangers.
ROCKWOOL (North America) broke ground on its second stone wool insulation manufacturing facility in the US, located in Ranson, West Virginia. The 460,000 sq. ft. facility represents an investment exceeding US$150 million and will create around 150 jobs.
Gross-Wen Technologies Inc. has received a $2 million investment from Doerfer Corporation to further develop its algal wastewater treatment technology, the Revolving Algal Biofilm Treatment System (RAB).
NutraDried Food Company LLC, a subsidiary of EnWave, has signed an equipment purchase agreement to acquire a second 100kW REV machine and a 10kW REV machine to expand production capacity for Moon Cheese snacks.
ON Semiconductor plans to invest $51 million to expand its facility in Wright Township, Pennsylvania, to increase production and create more than 70 new jobs. The initial phase of expansion is underway.
General Electric Co. agreed to sell its Distributed Power business, including Jenbacher and Waukesha engine brands and manufacturing sites in Austria, the U.S. and Canada, to Advent International for $3.25 billion. The deal is expected to close in the fourth quarter of 2018.
Medigus Ltd. entered into a development and manufacturing agreement with A.M. Surgical Inc. to develop an integrated visualization device based on micro ScoutCam technology for orthopedic endoscopic procedures. The total project budget is $780,000, paid based on milestones.
Danfoss purchased minority shares in Nelumbo, an American start-up in Hayward, California, that has developed a surface treatment technology for heat exchangers. The investment aims to enhance Danfoss's HVAC offerings.