Veolia, through its subsidiary Veolia Energy Operating Services, entered a multi-year agreement to upgrade, operate and maintain the utilities infrastructure at DuPont's Spruance manufacturing facility in Richmond, Virginia. The contract includes operation of the cogeneration facility and waste collection services.
Hyundai Power Transformers (HPT) will begin a $33 million expansion of its Montgomery, Alabama facility in July 2018, expected to create 86 jobs and increase power transformer production by over 60%.
Colorobbia USA, part of Gruppo Colorobbia, will invest $5 million to establish its first US location in Cookeville, Tennessee. The 50,000-square-foot facility will produce pigments and glazes for ceramic tiles and will employ approximately 30 people.
Molded Acoustical Products of Easton (MAP of Easton) is adding new production lines at its Clarksdale, Mississippi manufacturing facility, a $480,000 investment that will create at least 24 jobs.
United Technologies opened the UTC Center for Intelligent Buildings in Palm Beach Gardens, Florida, a state-of-the-art innovation center and global headquarters for UTC Climate, Controls & Security. The building houses 500 employees and plans to create 100 additional jobs.
Vantage Specialty Chemicals, a portfolio company of H.I.G. Capital, has acquired B&B Tritech, a manufacturer of surface treatment solutions for defense and commercial aviation markets. The acquisition closed on April 17, 2018.
Parker Products launched a line of baked inclusions (brownies, cookies, cakes) for dairy, bakery, confection, beverage, and QSR segments. The launch is supported by a new production facility with three times the capacity of the previous location.
Waste Management, Inc. acquired EnviroSolutions, Inc. from PennantPark Investment Corporation, Ascribe Capital, LLC and Guggenheim Partners Investment Management LLC on April 17, 2018.
Sepro America launched the 5-axis 7X-45 robot, the first Sepro robot built outside France, at NPE2018. The company plans to build 40 robots this year at its expanded Warrendale, PA plant.
Tempo closed a $20 million Series B funding round to build a new connected factory and headquarters in San Francisco, increasing manufacturing capacity by 10X.
Curtiss-Wright was awarded a contract valued at more than $85 million to provide main propulsion steam turbines and related equipment for the Ford-class aircraft carrier program. The announcement was made on May 22, 2018.
Proto Labs Inc. will receive $850,000 in state aid for a 202,000-square-foot expansion in Brooklyn Park, Minnesota, investing $29.9 million and creating 139 new jobs. The company purchased a 152,000-square-foot facility and plans to add 50,000 square feet, relocating CNC machining operations from Plymouth.
Ineos Oligomers has let a lump-sum EPC contract to a joint venture of SNC-Lavalin and JV Driver to design and build a 120,000 tonnes/year polyalphaolefin (PAO) unit at the Chocolate Bayou complex in Alvin, Texas. Startup is scheduled for October 2019.
Robinson Metal, Inc. has acquired Product Handling Concepts (PHC), a custom engineering company specializing in automated solutions for tissue, food and beverage, pharmaceuticals and consumer goods. PHC becomes the fifth division of Robinson Metal.
GenNx360 Capital Partners acquired GenServe Inc., the largest independent provider of power generator maintenance and sales in the North Atlantic region, effective April 12, 2018. Financial terms were not disclosed.
ORS Labs, parent of Oneida Research Services, acquired Silicon Cert Laboratories, a testing lab in Reading, Pennsylvania, serving telecom, defense, automotive, aerospace and medical-device industries.
CurveBeam announced that its pedCAT and InReach extremity CT imaging systems received an innovative technology contract from Vizient, Inc., the largest member-driven healthcare company in the U.S.
Private equity firm H.I.G. Capital acquired pigment supplier Lansco Colors and will combine it with Dominion Colour, a pigment maker it bought in 2016. The merger creates a provider of high-performance pigments and dispersions to coatings, plastics, and inks industries.
Sechan Electronics Inc. was awarded a $12,620,729 firm-fixed-price contract by the Naval Undersea Warfare Center to fabricate electronic components for MK 48 heavyweight torpedoes. The contract includes options that could bring the total value to $34,402,997.
Brehob Corp. plans to spend more than $3 million to renovate and expand its headquarters in Indianapolis, adding 17,000 square feet of production space and 24 new jobs.
GAR Electroforming, a division of Electroformers Inc., signed a 5-year sole source agreement with Bell Helicopter to provide abrasion sheaths for the Bell 429 helicopter. GAR is upgrading its Danbury, CT facility and remodeling a 16,000 sq/ft building at 10 Eagle Road.
ON Semiconductor plans to invest $23.2 million to upgrade its manufacturing plant in South Portland, Maine, adding new equipment and facilities to introduce two new technologies and create over 25 jobs. The company received a $1 million challenge grant from the Maine Technology Institute.
Essendant Inc. will merge with Genuine Parts Company's S.P. Richards business in a deal valuing S.P. Richards at $680 million and Essendant at $347 million. Genuine Parts shareholders will own 51% of the combined company, which will be named Essendant.
Power Grid Components, Inc., formed by Shorehill Capital and Rick McClure, completed the acquisition of Instrument Transformer Equipment Corporation (ITEC), a manufacturer of dry molded and oil-filled instrument transformers based in Monroe, North Carolina.
Smith-Midland Corp. was awarded a contract by FAM Construction LLC to supply 900,000 square feet of SoftSound noise absorptive precast concrete sound wall panels for the Interstate 66 Outside the Beltway Express Lanes project in northern Virginia. Fabrication will begin in mid-2018.
Sunroc Corporation announced the acquisition of Arrowhead Concrete in Rock Springs, Wyoming. No financial details were disclosed.
Infineon Technologies Corp. is investing $1.5 million in its Livonia, Michigan facility and creating 25 high-tech jobs to expand in the autonomous vehicle industry. The company received a $200,000 performance-based grant from the Michigan Economic Development Corp.
Smith-Carolina, a subsidiary of Smith-Midland Corporation, will invest over $3 million to build a new 15,000 sq ft manufacturing facility on 46 acres in Reidsville, North Carolina, creating 10 new jobs by end of 2018.
Hyundai Heavy Industries will sell 100 shares of its Alabama-based subsidiary Hyundai Power Transformer to affiliate Hyundai Electric & Energy Systems for 30.9 billion won (approx. $29 million) on April 16, 2018, to transfer the business.
Allura has re-opened its 438,000-square-foot plant in Terre Haute, Indiana, which manufactures exterior siding, trim, soffit and shakes. The facility employs 60 workers and plans to double employment and increase capacity.
Elbit Systems Ltd. completed the acquisition of the assets and operations of Universal Avionics Systems Corporation for approximately $120 million, enhancing its position in the commercial aviation market.
Flomatic Corp. is investing $3.3 million to add production, research and training space at its valve manufacturing plant in Glens Falls, New York, which will add jobs and speed up production.
Matholding Group acquired a 51 percent stake in OCV Control Valves LLC, a Tulsa, Oklahoma valve maker, to expand its hydraulic control and process valve portfolio.
SILON, a Czech producer of technical compounds and polyester fibers, held a ribbon-cutting on April 12, 2018 for its new $20 million industrial plant in Peachtree City, Georgia. The facility will create more than 20 jobs.
Merry X-Ray announced its acquisition of Nationwide Imaging Services of Manasquan, New Jersey, expanding its service and reconditioned sales capabilities.
Private equity firm Altaris Capital Partners acquired Analogic for $1.1 billion, taking the medical imaging company private.
Med-Eng, a brand of The Safariland Group, was awarded a five-year IDIQ contract by the United States Air Force to provide EOD 10 bomb suits. The contract has a maximum value of $15 million for up to 305 suits.
Kimberly-Clark Corporation approved a capacity expansion project at its Mobile, Alabama manufacturing facility to support bath tissue category growth. The estimated investment is more than $100 million over two years.
Formosa Plastics Corporation USA is well underway with a $5.1 billion expansion at its Point Comfort, Texas complex, including a 2.65-billion-pound-per-year Olefins 3 ethylene unit, an EO/EG unit, an LDPE unit, and a polyethylene unit. Completion of the ethylene unit is expected in Q4 2018.
Pratt & Whitney is investing more than $450 million to grow its Columbus, Georgia facility and create over 500 new jobs to support Geared Turbofan engine and F-135 production lines.
Pratt & Whitney entered into a five-year strategic long-term agreement with Dedienne Aerospace for PW1100 Geared Turbofan (GTF) engine stands, announced at the MRO Americas Conference in Orlando, Florida. A license agreement for PW1100 engine stands was also announced.
Kush Bottles signed an agreement to acquire Summit Innovations for 1.28 million shares and $3.2 million in cash, with closing expected in May 2018 subject to regulatory approvals.
NIBCO, the Elkhart, Indiana valve and fittings maker, is in the midst of a $100 million capital investment in its facilities over four years. Four facilities, including Blytheville, Arkansas, are undergoing expansions totaling 350,000 square feet.
Valmiera Glass (Valmieras stikla šķiedra) opened its second factory in Dublin, Georgia, USA on 11 April 2018. The first stage involved $20 million investment and 150 jobs; the second stage plans $90 million additional investment and 425 more jobs by 2022.
Agropur Inc. announced a $21.3 million expansion at its processing plant in Wyoming, Michigan, to modernize production lines and increase capacity, creating 62 new jobs over three years.
ICP Construction, a division of Innovative Chemical Products Group, acquired Pli-Dek Systems, a manufacturer of specialty coatings for the building industry, including waterproof deck coatings and fluid applied waterproofing membranes.
Performance Inflatables Co. acquired Avon Engineered Fabrications, Avon Rubber's US-based hovercraft skirt and bulk liquid storage tank business. The acquisition includes facilities in North Kingstown, RI and Picayune, MS.
JR Automation, a provider of intelligent automated manufacturing solutions, acquired Setpoint Systems and Setpoint Inc., automation solutions companies based in Ogden, Utah. The acquisition expands JR Automation's capabilities in e-commerce and amusement industry automation.
Tapestry Solutions, a Boeing subsidiary, won a deal to supply its enterprise sensor integration IoT platform to BAE Systems for deployment across multiple manufacturing facilities. The platform has gone live at BAE Systems' Nashua facility and will be deployed in plants in New Hampshire, New Jersey, Texas and California.
American Airlines selected GE Aviation's GEnx-1B engines to power its 47 newly ordered Boeing 787 Dreamliners and signed a TrueChoice overhaul agreement for up to 20 years of maintenance, repair and overhaul. The engine order and agreement are valued at more than $6.5 billion.