Ingersoll Rand announced it will acquire HVAC company Trane (formerly American Standard) in a transaction valued at $10.1 billion, including fees and assumption of net debt.
Rockfon LLC, a subsidiary of Rockwool International, broke ground on its first North American acoustic ceiling panel manufacturing facility in Marshall County, Miss., with an initial investment of $40 million, expected to create 90 jobs and commence production mid-2017.
Carrier signed an agreement with Robert Bosch North America Corp. to form a joint venture to develop and manufacture geothermal and water-source heat pumps for North American residential and commercial segments, to be based in Fort Lauderdale, Fla.
Eagle Materials agreed to buy two cement plants in Sugar Creek, Mo., and Tulsa, Okla., from Lafarge North America for $446 million, along with distribution terminals, quarries, ready-mix plants and a fly ash business.
Owens Corning agreed to sell its Siding Solutions business, including Norandex/Reynolds distribution and three vinyl siding plants, to Saint-Gobain for $371 million. The transaction is expected to close in Q3 2018.
Comtech Telecommunications Corp. was awarded a multi-year contract valued at approximately $134 million from a major US wireless carrier to provide enhanced 911 call routing technologies for its nationwide 3G, 4G, and 5G networks.
ArcelorMittal has won an order for 770 metric tons of specialty steel plates from Royal Dutch Shell for use in liquid-gas storage tanks at Shell's Appalachian ethane cracker plant in Pennsylvania.
Johnson & Johnson Medical Devices Companies acquired Orthotaxy to develop a next-generation robotic-assisted surgery platform in orthopaedics.
Lubrizol is expanding its thermoplastics polyurethane (TPU) capacity across North America, Europe, and Asia with a combined investment of nearly $80 million. New capacity is coming onstream in North America later in 2018, a new compounding line and extrusion lines in Songjiang, China were inaugurated in February 2018, and further expansions are planned in Europe and Asia in 2019.
Topcon Corporation, through its American subsidiary, acquired all outstanding shares of ClearEdge3D, a developer of as-built modeling and construction verification software. Terms were not disclosed.
Eaton Compressor & Fabrication plans a 60,000-square-foot factory in Englewood, Ohio to make Eaton-Max DIY compressors for retail channels. The project needs $5 million in start-up funds and will initially hire 40 workers, rising to 75.
Curtiss-Wright agreed to acquire the Dresser-Rand Government Business from Siemens Government Technologies for $212.5 million in cash. The business makes high-speed rotating equipment such as reciprocating compressors and steam turbines for the U.S. Navy.
Bidell Gas Compression shipped the first compressor units fabricated at its Weirton, West Virginia facility to natural gas industry customers. The facility began operations in October 2017 and the company has 35 direct employees.
Cementir Holding's American subsidiary Aalborg Cement Company signed an agreement to acquire an additional 38.75% stake in Lehigh White Cement Company from Lehigh Cement Company (HeidelbergCement) for $106.6 million. After closing, Cementir will hold 63.25% of LWCC, which operates two white cement plants in Waco, Texas and York, Pennsylvania.
Westlake Chemical is investing $140 million to add 110 million pounds per year of suspension polyvinyl chloride at its Geismar, Louisiana plant. The company is also pursuing a VCM and PVC expansion to boost combined annual volume to 1 billion pounds. Expansions in Geismar and Burghausen are expected to be completed in 2019.
Total, Borealis and NOVA Chemicals signed definitive agreements to form a joint venture on the U.S. Gulf Coast. Total will own 50% and Novealis Holdings (Borealis and NOVA Chemicals) will own 50%. The JV includes an under-construction ethane cracker in Port Arthur, Texas, Total's existing polyethylene facility in Bayport, Texas, and a new Borstar polyethylene unit at Bayport.
L&M Radiator is investing $17.6 million to add 100,000 square feet of manufacturing and office space to its existing facility in Hibbing, Minnesota, and hiring 22 new workers.
Sanden International and Unicla International signed an alliance to collaborate and share technologies in the transport sector, with Unicla's heavy duty compressors to be co-branded and distributed by Sanden.
Jewell, an Oldcastle APG company, opened a 23,000-sq.-ft. dry mix concrete and mortar packaging plant on a 15-acre site in Burnet, Texas, with a quarry, to serve residential and commercial markets.
The U.S. military awarded GE Aviation a contract valued at $143,481,258 to build 22 T408-GE-400 engines and provide logistics and engineering support for the CH-53K heavy-lift helicopter. MTU Aero Engines, with an 18% work share, is responsible for the power turbine.
AAR has signed a long-term Repair and Overhaul License agreement and a Parts Supply agreement with Honeywell Aerospace. AAR will repair over 1,800 Honeywell component items in its New York and Amsterdam shops and source over 4,000 piece parts from Honeywell.
Ohio Transmission Corporation has acquired Compressed Air Systems, LLC, a Lafayette, Louisiana compressed air products and services provider and Quincy Compressor master distributor. The company will operate as a division of Air Technologies.
Colortech, Inc. announced plans to expand its Morristown, Tennessee operations, adding 44,000 square feet and creating approximately 25 new jobs. The expansion is estimated to cost $11-12 million, with building completion by end of 2018 and production starting in 2019.
TGW Systems Inc. plans to move to a new facility two miles away in Norton Shores to double capacity and accommodate growth from its parent company's Austrian operations.
Ring Container Technologies of Tennessee plans to open a plastic bottle plant near Hagerstown, Maryland, in a revamped existing building, producing HDPE bottles for food packaging. It is expected to start operating around mid-2018 and initially employ 18 people.
General Dynamics Mission Systems received a five-year, $208 million indefinite delivery, indefinite quantity contract from the US Navy for continued procurement, testing and delivery of the AN/USC-61(C) Digital Modular Radio.
Phillips-Medisize, a Molex company, announced an expansion of production for a medical customer's cancer detection diagnostic kit at the Molex Little Rock facility, doubling production with new molding and automation equipment. Production is expected to begin in Q2 2018.
Gulfstream Aerospace Corp. announced it will build a new $40 million, 180,000-square-foot service center at Appleton International Airport in Greenville, Wisconsin, creating about 200 jobs.
Integra LifeSciences signed a lease for a 110,000-square-foot portion of an industrial building at Cabot Business Park in Mansfield, Massachusetts. Nearly 200 employees from its Raynham site will relocate to the new facility, which will include offices, clean room, R&D space, and manufacturing for neurosurgery products.
CIG Logistics acquired the SANDSTORM product suite from Propell Oilfield Equipment, a TYCROP company. SANDSTORM is a last-mile frac sand logistics and well-site storage solution. The acquisition expands CIG's end-to-end proppant logistics offering.
A Balfour Beatty joint venture (LINXS) clinched a $1.95 billion contract to build an above-ground transport system at Los Angeles International Airport.
Pfizer is investing $147 million at its Portage, Michigan manufacturing complex, including a 98,500 sq ft warehousing and distribution expansion (completed) and a 10,000 sq ft aseptic processing center (under construction) for Act-O-Vial production.
Ovivo USA and MICRODYN-NADIR will hold the grand opening of a 27,000 sq ft facility in Austin, Texas on May 3, 2018, housing a fully automated membrane module production line for BIO-CEL MBR membranes and offices for Ovivo staff.
General Electric Co is exploring a sale of its industrial gas engine business, which includes Jenbacher and Waukesha engines, potentially worth up to $2 billion. GE has hired Citigroup to prepare a sale process.
Metal Powder Products LLC (MPP), a Mill Point Capital portfolio company, announced the acquisition of NetShape Technologies Inc., a manufacturer of engineered metal components using powdered metal and metal injection molding technologies, headquartered in Floyds Knobs, Indiana.
Post Holdings' Michael Foods business plans an $85 million, 150,000 square-foot pre-cooked egg manufacturing and distribution facility in Norwalk, Iowa, with construction targeted for summer 2018 and completion in 2019. The plant is expected to create 100-150 jobs.
Cummins-Wagner Co., a mid-Atlantic industrial process equipment distributor, agreed to acquire the operating assets of EESCO Pump & Valve, a Baltimore service and machine shop. The deal was expected to close by October 2017.
Lumi, a US packaging manufacturer for e-commerce brands, raised $9 million in a Series A round led by Spark Capital, Forerunner Ventures and Homebrew Management.
Berry Global Group acquired plastic products company Clopay for $475 million to optimise production capacity and reduce costs.
Bombardier will begin deliveries of its CSeries jet to Delta Air Lines in the U.S. in 2018, following a favorable ITC ruling. The company is also moving ahead with its partnership with Airbus to assemble U.S.-bound jets in Alabama.
Lockheed Martin's Sikorsky Aircraft subsidiary received a $126.5 million contract modification from the U.S. Navy to supply long lead materials for low-rate initial production of seven Lot III CH-53K King Stallion helicopters.
Suominen has decided to initiate a growth investment project worth approximately €6 million at its production plant in Green Bay, Wisconsin, installing new carding machinery on an existing spunlace production line.
Zeus Industrial Products is expanding its existing operations in Aiken County, South Carolina, with a $15.7 million investment to convert warehousing to manufacturing space, adding 51 jobs.
Georgia-Pacific is in the final construction phase of an oriented strand board (OSB) facility in Clarendon, S.C., part of a $400 million acquisition from Grant Forest Products. The company will spend an additional $30 million to complete the facility, which is expected to start in December 2011 and create about 150 permanent jobs.
The Georgia Ports Authority ordered 8 Konecranes Boxporter RMG cranes for the Mason Mega Rail Project at the Port of Savannah, with delivery in 2019 and 2020.
Jamco, a Florida materials handling distributor, acquired the business activities of Forklift Garage Inc. to strengthen its footprint in the Central Florida market.
Marlen, a subsidiary of Duravant, acquired Unitherm Food Systems, a provider of thermal food processing equipment. The acquisition adds thermal processing technologies to Marlen's portfolio.
Winsupply Inc. announced it has purchased Thomas Pipe & Supply, a Phoenix, AZ distributor of industrial pipe, valves and fittings.
KBR was awarded a multi-year Master Engineering Services Agreement by Covestro LLC to provide project management and engineering services for Covestro's site in Baytown, Texas and other North American facilities.
LyondellBasell announced a definitive agreement to acquire A. Schulman, a supplier of high-performance plastic compounds, for a total consideration of $2.25 billion. The acquisition will create a premier Advanced Polymer Solutions business.