TransDigm Group completed the acquisition of the Kirkhill elastomers business from Esterline Technologies for $50 million in cash. Kirkhill is a supplier of aerospace elastomers headquartered in Brea, California.
MFG Chemical announced on March 15, 2018, the acquisition of Gulf Bayport Chemicals LP (GBC), a manufacturer of maleic anhydride derivatives based in Houston, Texas, with plant operations in Pasadena, Texas.
Hexagon AB announced on March 15, 2018, the acquisition of AGTEK, a US-based software company specializing in planning and productivity solutions for the heavy civil construction industry. AGTEK is headquartered in Livermore, California.
Maxim Crane Works opened a $4.71 million, 17,000-square-foot office in Wilder, Campbell County, Kentucky, consolidating operations and creating 100 full-time jobs. The ribbon-cutting ceremony was held on March 15, 2018.
Nellson Nutraceutical officially opened a new $70 million, 300,000-square-foot nutrition bar manufacturing plant in Ontario, California, replacing its Irwindale facility.
The Wrench Group, a national home services company, acquired Ragsdale Heating and Air Conditioning Inc. to expand its presence in the Atlanta market. Ragsdale will continue to operate under its current brand.
L Catterton, a consumer-focused private equity firm, has entered into a definitive agreement to acquire Airxcel, a designer and producer of HVAC and appliance products for RV, marine, and industrial markets. Terms were not disclosed.
Tissue Machine Company (TMC) and Valley Tissue Packaging (VTP) entered into a joint partnership on March 5, 2018 to offer enhanced packaging solutions to the global tissue industry, combining their product ranges and services.
Peco InspX Corporation has signed a representation agreement with Valcour Process Technologies (VPT) to commercialize its X-ray contaminant detection systems in the US and Canadian cheese production and converting markets.
Patricia Industries, part of Swedish Investor AB, has signed an agreement to acquire a majority stake in Sarnova Holdings, parent company of Bound Tree Medical, Cardio Partners, Emergency Medical Products, and Tri-anim Health Services. Founder Matthew D. Walter and Water Street Healthcare Partners will retain minority stakes.
New Horizons Baking Company announced a $4.6 million expansion project in Norwalk, Ohio, adding over 5,200 square feet to its existing facility and creating 18 new jobs.
IKO has officially opened a new 250,000-square-foot asphalt shingle production facility in Hillsboro, Texas. The plant began production in late December 2017 and will employ 65 people.
Great Rock Capital closed a $23 million senior secured loan with PCX Aerostructures, a supplier of precision flight critical parts for military and commercial aerospace. The facility includes a $21 million term loan and a $2 million capex facility.
United Supply Co., a residential and commercial HVAC and plumbing distributor, has completed its acquisition of Nutley Heating & Cooling Supply Co. Inc., a commercial HVAC distributor based in Nutley, New Jersey.
Schneider Electric helped Dow Corning upgrade its distributed control system at the Carrollton, Kentucky plant to the EcoStruxure Foxboro DCS, reducing capital expenditure by 50% and completing the project ahead of schedule.
Ingevity Corp. completed the acquisition of Georgia-Pacific's pine chemicals business for a cash purchase price of $310 million, and entered into a 20-year crude tall oil supply contract.
Borsight will expand its state-of-the-art airport hangar facility in Ogden, Utah, adding up to 95 jobs and an estimated $6.3 million in capital investment.
Laborie Medical Technologies will acquire Cogentix Medical for $3.85 per share in cash, totaling approximately $239 million. The transaction is expected to close in the second quarter of 2018.
RJR Technologies opened a new 30,000-square-foot manufacturing facility and relocated its headquarters from Oakland, CA to Phoenix, AZ. The facility expands capacity for Air Cavity semiconductor packaging and received first customer qualification in April 2017.
Motion Industries announced that EIS, a wholly owned subsidiary of Genuine Parts Co., has become the electrical specialties group of Motion Industries, effective January 2, 2018.
CPI Aerostructures received a contract amendment from Bell Helicopter for production of engine cowl assemblies and support assemblies for the AH-1Z Viper attack helicopter. The amendment is worth $3.8 million and extends the contract period by one year.
BP awarded Kongsberg Digital a contract to design, engineer, build, install and test a multi-purpose dynamic simulator for the Mad Dog Phase 2 project in the Gulf of Mexico.
Rubber and plastics manufacturer JDS Technologies will invest $2.2 million to establish a new manufacturing facility in Winfield, Scott County, Tennessee, creating about 110 jobs over five years. The company will refurbish a former American Bag Company building.
Kuraray completed its $1.3 billion acquisition of US activated carbon producer Calgon Carbon on March 9, 2018. Calgon will be reported as part of Kuraray's Functional Materials division.
ONICON Measurement Solutions was acquired by the TASI Group, effective April 24, 2019. All ONICON business units are included. John Norris was named President of the TASI Flow Group.
Stryker completed its acquisition of Entellus Medical.
Magnitude 7 Metals plans to open a new aluminum smelter in the former Noranda Aluminum smelter in New Madrid County, Missouri, in May 2018, hiring 450 people. 140 people have already been hired.
Swisslog announced that Walmart will install a Swisslog automation solution, including ASRS with SynQ software and Vectura cranes, at a new milk processing facility in Robinson, Texas. The facility is scheduled to open in 2026 and will serve over 750 Walmart stores and Sam's Clubs.
Baker Hughes announced a Power Frame Agreement with Venture Global and GE Vernova to supply gas turbines, steam turbines and equipment for up to 16 power island units for behind-the-meter power generation supporting LNG production and potential data centre projects in the US. Deliveries are scheduled between 2028 and 2034.
Daikin North America plans to increase its workforce at its Waller, Texas facility from over 4,000 to up to 7,000 personnel. The company has already invested over $417 million in the facility, which was completed in 2017.
Rockwell Automation has completed the acquisition of Plex Systems, a cloud-native smart manufacturing platform. Plex has over 700 customers and will be reported as part of Rockwell's Software and Control operating segment.
Yokogawa Corporation of America has been selected as Main Automation Contractor for the $13 billion Commonwealth LNG project in Louisiana. The contract was awarded by Technip Energies and includes engineering, control systems, and system integration.
IMI has been awarded a contract to supply severe service valves (SSVs) for the new combined cycle power plant under construction in Homer City, Pennsylvania. The 4.4 GW facility will be the largest natural gas-powered plant in the US.
Howden completed its acquisition of Compressor Products International, a Houston-based provider of aftermarket components and services for reciprocating compressors. The deal increases Howden's addressable markets by $1 billion. Completed on 23 December 2021.
Ampo Poyam Valves secured multiple contracts to supply around 15,000 engineered valves for the first five liquefaction trains of the Rio Grande LNG project in Texas, developed by NextDecade and built by Bechtel. Announced on 9 July 2026.
UAE-based Hotpack has announced a $100 million investment in a new manufacturing and distribution facility in Edison, New Jersey, its first North American production base. The 70,000 sq ft plant will customise plastic and paper cups, containers and clamshells and create 200 jobs in the first phase.
Sun Chemical has acquired the Metal Deco ink business of PPG, a US-based supplier of paints, coatings and specialty materials. The deal was announced on 8 March 2018.
Calpine Corporation was acquired by an affiliate of Energy Capital Partners and a consortium including Access Industries Inc. and Canada Pension Plan Investment Board. The deal was completed on March 8, 2018, with Calpine stockholders receiving $15.25 per share.
Mazda Motor Corporation and Toyota Motor Corporation established Mazda Toyota Manufacturing, U.S.A., Inc. to build a vehicle assembly plant in Huntsville, Alabama. The $1.6 billion plant will have an annual capacity of 300,000 units and create up to 4,000 jobs, with production starting in 2021.
Probo Medical Inc. acquired MedCorp, LLC, creating the largest ultrasound equipment reseller. The combined company will refurbish and resell ultrasound systems and probes.
McWane, Inc. has purchased Waterman Industries, a manufacturer of water control products based in Exeter, California. McWane plans to invest in Waterman's production facility to modernize operations.
Beltservice Corporation and Movex S.P.A. have entered into an expanded strategic-business agreement to market and service Movex plastic modular belts, chains and conveyor components in the United States and Canada.
Braidy Industries plans to start construction in spring 2018 on a $1.3 billion rolling aluminum mill in Greenup, Kentucky, creating about 1,000 construction jobs and 600-700 full-time jobs. The company also acquired Veloxint for $75 million to produce advanced alloys on site.
Boeing received a $282.3 million contract modification from the U.S. Navy for long lead parts for 19 Lot 10 P-8A aircraft, with work expected to be completed by March 2022.
Cypress Semiconductor and Spansion announced an all-stock merger valued at approximately $4 billion. The combined company will be headquartered in San Jose, California, and named Cypress Semiconductor Corporation. The deal is expected to close in the first half of 2015.
Florida Power & Light has signed a seven-year contract renewal with Itron for managed services, Gen5 hardware, and professional services to upgrade its smart grid network.
Fenner, through its U.S. subsidiary Fenner Inc., has acquired National Bearings Company, a Lancaster, Pennsylvania-based manufacturer of custom polymer and metal bearings.
Duravant LLC acquired US conveyor and integrated systems manufacturer QC Industries LLC, expanding its material handling portfolio in North America. The value was not disclosed.
StandardAero Component Services announced a $16 million investment to expand facilities in Cincinnati and Hillsboro, Ohio, and Miami, Florida, adding a total of 260,000 square feet of shop capacity during 2018.
Olympus announced the grand opening of its expanded Bartlett campus in Tennessee, including a new National Service Center East and medical asset warehouse/distribution center. The $12 million, 110,000-square-foot facility started operations in October 2017 and is expected to create about 280 jobs.