Curium US Holdings agreed to acquire Lantheus for $102.50 per share in cash at closing plus up to $12.00 per share in contingent value rights, for a total transaction value of up to $8.0 billion.
Stryker made a $400M preferred equity investment in CMR Surgical, with an exclusive option to acquire the company, and will serve as exclusive U.S. sales agent for the Versius surgical robotic portfolio.
onsemi agreed to acquire Ferric, an innovator in integrated voltage regulator technology, for $600 million in cash plus up to $175 million in contingent consideration, to strengthen power delivery for AI processors.
onsemi and Synaptics amended their merger agreement, with onsemi acquiring Synaptics for $123 per share in cash, totaling approximately $5.7 billion, down from the prior $7 billion deal.
Carl Buddig and Company acquired a 280,000-square-foot former Butterball facility in Montgomery, Alabama, its fourth manufacturing site in the state. Production is expected to begin in spring 2018.
KLX Inc., a provider of aerospace fasteners and logistics services, has acquired THG Corporation (The Hope Group) and all its subsidiaries. The acquisition was announced on January 19, 2018, and no changes to customers or suppliers are expected.
Diamon-Fusion International announced that Quality Enclosures will use its FuseCube glass coating machine to apply Diamon-Fusion protective coating to shower doors at its facility in Port Orange, Florida.
Martin Instrument and Western Data Systems completed a merger to create AllTerra Central, a Trimble solutions provider for surveying and construction markets in Texas and Oklahoma.
Prysmian Group announced a definitive merger agreement to acquire General Cable in a transaction valued at $3 billion, including debt. The deal is expected to close in Q3 2018.
ICP Construction, a division of Innovative Chemical Products (ICP Group), acquired Arizona Polymer Flooring, a manufacturer of high-performance flooring products and concrete coating systems. The acquisition extends ICP Construction's manufacturing and distribution capabilities to Arizona and the West Coast.
Hexion sold its additives technology group (ATG) to Münzing Chemie for approximately $50 million. The sale includes manufacturing sites in Somersby, Australia, and Sungai Petani, Malaysia, and produces specialty chemicals for engineered wood, paper impregnation, and laminating industries.
Sumitomo Machinery Corporation of America (SMA) will invest $10 million to add 100,000 square feet to its North American headquarters in Chesapeake, Virginia. The project will retain 20 jobs and create 26 new jobs.
Felling Trailers, Inc. has completed a new state-of-the-art Fabrication Center designed to increase manufacturing efficiencies and improve workflow. The facility was built in just under a year and includes new technologies and equipment.
Emerson announced it has acquired ProSys Inc., a global supplier of software and services for the chemical, oil and gas, pulp and paper, and refining industries. ProSys will become part of Emerson Automation Solutions.
The U.S. Army Corps of Engineers awarded J.E. Dunn Construction Company a $52 million contract for a 50,544-square-foot addition to the Langley Air Force Base Hospital. Construction is expected to start in 2019 and be complete in winter 2021.
ArrMaz celebrated the opening of its new ArrMaz Innovation Center at its headquarters in Mulberry, Florida on January 18, 2018. The facility houses the company's R&D team with advanced laboratory equipment for analytical and synthetic chemistry.
Kruger Plastic Products, a custom injection molding manufacturer, was acquired by HC Private Investments.
Saw Mill Capital Partners acquired MeTEOR Education from Hudson Ferry Capital through its second fund.
AOC MetalWorks, a portfolio company of Amzak Capital Management, acquired StampTech, a metal fabrication and stamping company.
Hubbell Power Systems has entered into a definitive agreement to acquire Aclara, an affiliate of Sun Capital Partners, for approximately $1.1 billion in an all-cash transaction. The deal is expected to close in Q1 2018.
Sulzer Pumps Solutions has completed the acquisition of JWC Environmental, which will operate as part of its pumps equipment division and remain headquartered in Santa Ana, California.
Clarke Energy, as GE's channel partner, will provide a turnkey combined heat and power plant with two GE Jenbacher gas engines to Sebewaing Light & Water in Michigan. The 7.7 MW plant is funded by a public bond and will reduce electricity costs.
VF Corporation will invest up to $52 million to open a new distribution center in Jonestown, Pennsylvania, creating more than 175 new jobs. The facility will support distribution for Vans, The North Face and Timberland brands and is expected to be operational by early 2019.
Xtreme Manufacturing delivered the first six production models of the XR1055 rough-terrain telehandler to roofing contractor Empire Roofing. The telehandlers were handed over at the Xtreme Manufacturing facility in Henderson, Nevada, and will be deployed in Texas.
Qualcomm announced that the European Commission and Korea Fair Trade Commission have authorized its acquisition of NXP Semiconductors. The deal has now received 8 of 9 required approvals, with China remaining.
Daystar Products International has acquired HCT (Hard Core Tuning), a UTV product and tuning company. HCT's founder Andy Burgio will remain as sales and product development manager.
Siemens Gamesa signed two orders in the US for 95 G132-3.465 MW wind turbines totaling 330 MW: one for the Midway Wind project in Texas (47 turbines) and another for an undisclosed customer (48 turbines).
Danfoss Turbocor Compressors will build a new facility in Tallahassee, Florida, within Innovation Park, adding 120 jobs. Construction is expected to begin in early 2018 and finish in 2019.
Bristol Compressors International and DHX Electric Machines announced an exclusive global strategic partnership to develop next-generation HVAC/R compressor technology using DwHX electric motors. The announcement was made on January 18, 2018.
George Industries LLC, a portfolio company of Orangewood Partners, has acquired the assets of Numerical Precision from QCC, LLC. Numerical Precision, based in Wheeling, IL, manufactures components for aerospace and defense.
ICP Construction, a division of Innovative Chemical Products Group, has acquired Arizona Polymer Flooring, a manufacturer of high-performance flooring products and concrete coating systems based in Phoenix, Arizona. The acquisition extends ICP Construction's manufacturing and distribution capabilities to the West Coast.
Indorama Ventures Public Co. Ltd., through its U.S. subsidiary, is bidding as a stalking horse to buy M&G Polymers USA LLC's PET plant in Apple Grove, West Virginia, and R&D site in Sharon Center, Ohio, for $10 million. The sale is subject to bankruptcy court approval.
The U.S. Army Corps of Engineers has awarded a $1,410,000 contract to Eaton Corp. to upgrade switchgear and transformers at the Fort Randall hydropower plant in South Dakota.
Empire Roofing has taken delivery of the first six production models of the Xtreme XR1055 rough-terrain telehandler from Xtreme Manufacturing.
Fujitsu General has combined its VRF system with Ventacity's heat recovery ventilation system as a packaged HVAC solution for the US market, and has invested in Ventacity via its US subsidiary.
Ingersoll-Rand plc and Mitsubishi Electric Corporation have agreed to establish a 50-50 joint venture for marketing, sales and distribution of ductless and VRF heating and air conditioning systems in the U.S. and select Latin American countries, pending antitrust review.
LAI International is opening a new 39,410-square-foot factory in Tempe, Arizona, to house a next-generation engine program for the commercial aerospace industry, expanding its existing facility.
Competitive Power Ventures completed construction of the 680 MW CPV Valley Energy Center, a dual-fuel combined-cycle facility in Wawayanda, New York, capable of supplying 600,000 homes with electricity.
Baker Industries installed an Emco Mecof PowerMill five-axis machining center at its Macomb Township, Michigan facility. It is the first of its kind in the US and one of the largest milling centers in the Midwest, with a 52' x 20' x 10' envelope and capacity for parts up to 2.6 million pounds.
Valmet will supply a second OptiConcept M board production line, with automation, to Pratt Paper for Pratt's new greenfield mill in Wapakoneta, Ohio. Start-up of the PM 17 machine is scheduled for Q4 2019; the order value was not disclosed.
Vertiv, a provider of critical infrastructure for data centers, acquired privately owned custom air handling manufacturer Energy Labs. The deal bolsters Vertiv's portfolio of large air handling solutions for free cooling in data centers and other commercial segments.
GE Power plans to spend up to $400 million across its Greenville, South Carolina campus over the next several years to drive innovation and technology development.
Lincoln Premium Poultry is constructing a poultry processing plant in Fremont, Nebraska, to process chicken exclusively for Costco. The facility will have capacity for 2 million chickens per week and is expected to be completed by June 2019.
Comtech Xicom Technology, a subsidiary of Comtech Telecommunications, received an order worth over $1.3 million for solid-state power amplifiers (SSPAs) for use in an airborne in-flight connectivity system.
Smith-Midland Corporation was awarded a contract by FAM Construction to supply up to 245,000 linear feet of J-J Hooks precast concrete safety barrier for the I-66 Outside the Beltway Express Lanes project in Northern Virginia. The contract is valued at $9 million.
Sulzer completed the acquisition of JWC Environmental, a provider of solids reduction and removal products for wastewater applications. JWC will operate as part of Sulzer's Pumps Equipment division and remain headquartered in Santa Ana, California.
Biotage AB agreed to purchase all outstanding shares of Horizon Technology Inc. for $18.4 million, strengthening its position in environmental applications and food safety.
Wincove Private Holdings acquired Wesco Industrial Products and combined it with Bluff Manufacturing to serve the material handling and warehouse safety products markets.
Huvis is discussing a joint venture with Indorama Ventures to produce low-melt fiber (LMF) in the US and sell it in the NAFTA region.
Enviro Tech Chemical Services completed installation of a bulk peracetic acid delivery and dosing system at Metro Wastewater Reclamation District in Denver, CO, with over 30,000 gallons storage capacity, the largest in the US for wastewater treatment.