JV Driver and SNC-Lavalin have been awarded a lump-sum EPC contract from INEOS Oligomers to design and build a 120,000 metric tons per annum polyalphaolefin unit at the INEOS petrochemical complex in Chocolate Bayou, Texas. The unit is expected to come online in October 2019.
JW Aluminum announced a $255 million expansion of its Mount Holly flat rolled aluminium plant in Goose Creek, South Carolina. The expansion includes a new 220,000 sq ft building and will increase production capacity by 175 million pounds. Completion is expected in early 2020.
TRUMPF Inc. expanded its training center in Farmington, Connecticut by 18,000 square feet to a total of 40,000 square feet, with an investment exceeding USD 3 million. The center now offers classroom and hands-on instruction for precision sheet metal fabrication customers and employees.
American Axle and Manufacturing (AAM) will supply power transfer units (PTUs) for Ford crossover vehicles with all-wheel drive, starting with the 2019 Ford Edge and Lincoln Nautilus.
Green Bay Packaging plans to build a new paper mill in Brown County, Wisconsin, replacing its 71-year-old mill, with an investment reported as over $580 million. The project is expected to retain about 600 jobs and create up to 200 more by 2022, with the new mill running by 2021.
Miron Construction is a local contractor building the new Green Bay Mill for Green Bay Packaging, which will replace a 71-year-old paper mill and require nearly 1,000 construction jobs over 2.5 years.
Green Bay Packaging announced an investment of over $500 million to build a new 100 percent recycled paper mill in Green Bay and expand its shipping container division, with about 200 jobs expected statewide.
ATEK Metal Technologies is expanding its low-pressure casting capacity by 40%, adding precision machining, and will install a robotic system for de-gating and deburring at its New Hampton, Iowa foundry. A building expansion consolidating warehousing and shipping is also planned.
Parsons was awarded two facility upgrade projects by the Gulf Coast Authority at its Bayport, Texas wastewater processing facility: detailed design for an overflow pipeline and engineering/procurement support for a BioSan Pipeline upgrade.
Bombardier and its partners (Balfour Beatty, ACS Infrastructure, Fluor Enterprises) have been awarded a US$4.9 billion contract to build and operate a passenger transit system at Los Angeles International Airport. Bombardier's portion includes a US$219 million order to design and build the system with 44 INNOVIA automated vehicles.
Zeus Industrial Products, a polymer extrusion manufacturer, has acquired MWC Technologies, a manufacturer of medical device components based in Chattanooga, TN. The acquisition expands Zeus's capabilities and product portfolio.
SGS, the world's leading inspection and testing company, acquired Polymer Solutions Incorporated, a polymer testing lab based in Christiansburg, Virginia. The company will operate as SGS – Polymer Solutions Incorporated.
BAE Systems received a contract from General Dynamics Electric Boat to produce two sets of four payload tubes each for the Virginia Payload Modules on submarines SSN 804 and SSN 805. Work will be performed in Louisville, Kentucky with deliveries starting in 2020.
Infinite Electronics International acquired Integrated Network Cable (INC), a distributor of cables and connectivity products based in Chesterfield, Missouri. INC will operate as a stand-alone business unit.
American Axle & Manufacturing has a new contract to produce power-transfer units (PTUs) for Ford Motor Co. all-wheel drive crossover vehicles, starting with the 2019 Ford Edge and Lincoln Nautilus. The EcoTrac products will be manufactured at AAM plants in Michigan, China, Mexico, and Poland.
Gebr. Knauf KG will acquire all outstanding shares of USG Corporation in a transaction valued at approximately $7.0 billion. USG shareholders will receive $44.00 per share ($43.50 cash plus $0.50 special dividend). The combined company will be a global building materials leader. USG's headquarters will remain in Chicago.
American Axle & Manufacturing (AAM) will supply Power Transfer Units (PTUs) for Ford Motor Co. crossover vehicles with all-wheel drive, starting with the 2019 Ford Edge and Lincoln Nautilus. The PTUs are part of AAM's EcoTrac Disconnecting AWD system and will be manufactured in Michigan, Mexico, China and Poland.
The US Army awarded an $841.3 million contract to Leonardo DRS for production of the next-generation Mounted Family of Computer Systems (MFoCS) II, including dismountable tablets, processor units, and ruggedized displays.
PTC Inc. agreed to sell 10,582,010 shares of its common stock to Rockwell Automation at $94.50 per share, for an aggregate purchase price of approximately $1.0 billion, as part of a strategic partnership.
PTC and Rockwell Automation entered a strategic partnership, with Rockwell Automation making a $1 billion equity investment in PTC and Blake Moret joining PTC's board. The partnership aligns smart factory technologies.
Corrugated Synergies International, a sheet feeding equipment maker, is opening a facility near the Santa Teresa Port of Entry in New Mexico. The company is investing nearly $40 million and expects to create about 120 manufacturing jobs.
Private equity firm Arsenal Capital has acquired two adhesives makers, Adhesives Technology and Epoxy Technology, to form the Meridian Adhesives Group, announced June 10, 2018.
WuXi Biologics will invest $60 million and hire 150 employees to build a biologics manufacturing facility in Worcester, Massachusetts, its first U.S. site, announced June 10, 2018.
Ascend Performance Materials is expanding adiponitrile capacity by 220,000 metric tons per year at its Decatur, Alabama plant, with projects to be completed by 2022. A 50,000-ton expansion was completed in 2017, another 40,000 tons starts by end of 2018, and a final 180,000-ton project will follow.
Bath Iron Works was awarded a $49,817,723 contract by the U.S. Navy for lead yard services on DDG-51 Arleigh Burke-class destroyers, with options that could bring the total to $304,843,466 over five years.
Banker Steel was awarded a contract to fabricate structural steel for the 62-story, 1,469-ft 350 Park Avenue skyscraper in New York City. The project is targeted for completion in 2032.
Coffee Holding Co., Inc. has acquired all of the assets of Steep N Brew Coffee Company through its joint venture Generations Coffee Company LLC in Ohio.
Pilot Chemical Co. officially opened its new Innovation Center in Pittsburgh on July 25, 2018.
Korea Aerospace Industries Co. has received a 115.7 billion won ($108 million) parts order from Triumph Aerostructure LLC. KAI will supply wing and body parts for the B767 twin-engine jet from January 2019 to December 2025.
DePuy Synthes, part of Johnson & Johnson Medical Devices, has signed a definitive agreement to acquire the assets of Medical Enterprises Distribution LLC, including the ME1000 Surgical Impactor tool used in hip replacement surgery. Financial terms were not disclosed.
Trilantic North America has acquired a majority interest in Sunbelt Transformer from Grey Mountain Partners. Sunbelt provides new and remanufactured electrical power and distribution equipment.
JR Automation, a provider of intelligent automated manufacturing solutions, acquired Esys Automation, a full-service automation solutions provider based in Auburn Hills, Michigan.
Valencell, a wearable biometric sensor technology firm, and Sonion, a microacoustic and micromechanical technology company, announced a strategic partnership. Sonion made a strategic investment in Valencell, becoming a significant shareholder.
MAG Aerospace has partnered with New Mountain Capital, a private equity firm, which is providing financial and strategic resources to support growth initiatives including new contracts and acquisitions.
Himadri Carbon Black has chosen Terra Firma Co. as its exclusive distributor for select end-use markets in the Northeast, Southeast and Southwest United States.
Flex-N-Gate Corp. is spending over $175 million to expand into a new 430,188-square-foot manufacturing facility in Grand Prairie, Texas, including a 50,000-square-foot addition. The company will relocate 172 employees from Arlington and hire 500 more by 2020, with production starting July 2, 2018.
Ellwood Quality Steels broke ground in April 2018 on a $60 million expansion at its New Castle, Pennsylvania plant, adding an 110,000-square-foot building for new arc remelting and electroslag remelting processes. Steel beams were being erected on June 6, 2018.
Piper Plastics announced a $10 million investment in a new 90,000-square-foot facility in Mesa, Arizona, with construction starting July 2018 and operations beginning June 2019, initially creating 130 jobs.
Norafin (Americas) Inc. inaugurated a new production site in Mills River, North Carolina, with a state-of-the-art spunlace line, representing an investment of around €20 million. The plant will create about 35 new jobs by end of 2018.
USHydrations, a Pittston beverage maker, unveiled a new $20 million manufacturing line at its 600,000 sq ft facility, able to produce over 2,000 bottles a minute and adding about 30 jobs.
Winpak Portion Packaging expanded its rigid packaging plant at the LogistiCenter in Sauk Village, Illinois, with a 348,000 sq ft addition, doubling manufacturing, office and warehouse space. Construction began in April 2016 and was completed in Q3 2017, adding more than 100 jobs.
ATI supplied linear valve actuators and Volk Flow Controls supplied gate valves for the 475MW Kings Mountain Energy Centre, a gas-fired combined-cycle plant being built by NTE Energy in Kings Mountain, North Carolina, with commissioning expected by Q4 2018.
Globe Engineering Company, Inc. has installed a fourth all-electric CNC tube bending machine from Unison Ltd. at its Wichita, Kansas site, commissioned earlier in 2018, to increase manufacturing capability for bending aircraft tubing.
Konecranes secured contracts to deliver 10 RTG cranes to the Port of Savannah and 6 ARMG cranes to Hutchison Ports BEST terminal in Barcelona, with deliveries in 2019.
Ameresco entered a Guaranteed Energy Savings Performance Contract with the City of Atlanta for over $7 million to upgrade 19 city-owned buildings with energy efficiency measures.
Berry Global will install a new Spinlace production line at its Mooresville, NC facility, adding 17,000 metric tons of annual capacity for nonwovens, with commercial production expected in mid-2019.
The Georgia Ports Authority approved the purchase of 10 additional Konecranes Rubber Tired Gantry cranes for the Garden City Terminal at the Port of Savannah, bringing the fleet to 156 RTGs.
Johnson & Johnson received a binding offer from Fortive Corporation to acquire its Advanced Sterilization Products (ASP) business for approximately $2.8 billion. The transaction is expected to close by early 2019.
PBC Linear will invest $10 million over two years to expand its South Beloit campus, including a new 66,000-square-foot building and $3.75 million in equipment. The expansion was celebrated with a ribbon-cutting on June 6, 2018.
Russula has received two orders from Nucor Steel Marion: one for complete bar mill automation and electrics (April 2017) and one for a water treatment plant (March 2018). Both are part of an $85 million mill expansion project in Marion, Ohio.