XP Power acquired Comdel of Gloucester, Massachusetts, for $23 million, making it the RF Power Division of XP Power. The deal closed on October 18, 2017.
H2O Innovation Inc won a C$9.1 million contract with the City of San Diego, California to design, manufacture and commission a 12-train hollow fibre ultrafiltration system for the North City Pure Water Facility, treating 40 MGD of wastewater.
Bosch Rexroth opened a new research and development vehicle testing area near its manufacturing facility in Fountain Inn, South Carolina. The testing area includes gravel, concrete, and wash pads for evaluating machinery and endurance levels.
Quest Diagnostics has signed a definitive agreement to acquire Cleveland HeartLab from equity investors including Cleveland Clinic. The transaction is expected to close in Q4 2017.
Hanes has acquired Alternative Apparel, an Atlanta-based apparel company, in a deal valued at $60 million. CEO Evan Toporek will continue to lead the company.
Braidy Industries expects to break ground next quarter on a $1.3 billion rolling mill in Kentucky that would start up in 2020. The mill will have an annual capacity of 370,000 tons, producing aluminum sheet for automotive and aerospace.
Link-Belt Cranes was awarded a maximum $121,890,993 fixed-price contract by the Defense Logistics Agency for commercial construction equipment. The five-year contract has no option periods and performance location is Kentucky.
Transocean Ltd. announced a two-year contract valued at approximately $106 million for its ultra-deepwater drillship Deepwater Invictus with a subsidiary of BHP Billiton. The contract will commence in Q2 2018.
Aircraft Readiness Alliance, LLC (ARA) was awarded a contract to provide aircraft depot level maintenance services to Fleet Readiness Center Southwest San Diego and deployed squadrons. The contract value is $275 million.
The U.S. Army Corps of Engineers awarded a $1,795,700 contract to Mohawk Valley Utility Construction Corp. for electrical transformer replacement at the Cold Regions Research and Engineering Laboratory in Hanover, New Hampshire.
ExxonMobil Chemical Company commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The project is part of the company's Growing the Gulf expansion initiative and will increase total polyethylene capacity to over 2.5 million tons per year.
ALBIS PLASTICS CORPORATION acquired the remaining shares in ALBIS Barnet Polymers LLC, a joint venture with William Barnet & Son, LLC specializing in recycling post-industrial raw materials. The acquisition was completed on October 1, 2017, and activities will be fully integrated from 2018.
Insulet Corporation has broken ground on a new manufacturing facility in Acton, Massachusetts. The $100 million investment is expected to create hundreds of jobs, with production planned to begin in 2019.
Cummins Inc. has announced the acquisition of Brammo, Inc., a designer and developer of battery packs for mobile and stationary applications.
Synopsys has acquired Sidense Corporation, a provider of one-time programmable non-volatile memory IP, to expand its DesignWare IP portfolio. Terms were not disclosed.
Alden Equipment has been awarded a five-year blanket purchase agreement to supply Xtreme telehandlers to the US Defense Logistics Agency.
Daimler AG plans to invest $1 billion to expand its Mercedes-Benz operations in Alabama, including manufacturing electric SUVs, building a battery plant, and a global logistics center. The project will create over 600 jobs.
Covestro plans to expand production capacity for thermoplastic polyurethane (TPU) at its New Martinsville, West Virginia plant by 25% through debottlenecking. The new capacity is expected to be in the market by Q2 2018.
Kloeckner Metals Corp. opened an expanded manufacturing facility in Greenville County, South Carolina, following an $11.3 million investment. The expansion adds a 50,000-square-foot bay with a new automated slitting line and will create 19 new jobs.
Genie, a Terex subsidiary, expanded its Oklahoma City facility, which spans 200,000 square feet and serves as the company's center of excellence for telehandlers. In October 2017, it opened a new testing ground for telehandlers and consolidated reconditioning operations there.
Lamb Weston unveiled a new $200 million expanded processing line for frozen potato products at its Richland plant. The 290,000-square-foot expansion doubles capacity to 2 million pounds per day and adds 150 jobs.
Hindalco Industries is preparing to mount a multi-billion dollar bid to acquire Aleris Corp., a US-based aluminium parts maker, after exclusive negotiations between Aleris and China Zhongwang Holdings expired on October 13, 2017.
Arthrex will invest $69 million to establish a 200,000-square-foot production facility in Sandy Springs, Anderson County, creating 1,000 jobs by 2025. Construction is expected to begin in Q1 2018 and complete by early 2019.
Funds advised by Triton have signed an agreement to acquire Rocore Group, a US producer and supplier of heat exchange products.
Bastian Solutions, a Toyota-owned material handling and robotics integrator, will invest over $8 million to construct a 90,000-square-foot manufacturing center in Westfield, Indiana, creating up to 87 new jobs by 2020.
MasTec secured a large US pipeline construction award with an expected contract value of over $1.5 billion. Construction is expected to start in 2018.
Celanese announced plans to expand compounding capacity at facilities in Nanjing and Suzhou (China), Florence (Kentucky), Bishop (Texas), and Forli (Italy), adding 50-60 kt/year. Also adding LFT capacity in Winona (Minnesota).
Cypress Semiconductor Corp. and Spansion, Inc. announced a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4 billion. The combined company will be a $2 billion global leader in microcontrollers and specialized memories.
Northeast Tool announced a $2.5 million capital investment in new machine tool technology at its Charlotte, N.C., facility, purchasing four new milling and turning machining centers from DMG Mori USA.
Porcher Industries, a France-based producer of technical textiles and thermoplastic composites, has announced plans to expand in the US automotive market, having completed its acquisition.
Manus Medical won a $9.9 million contract with the US Department of Defense to supply medical equipment to the Army, Navy, Air Force, Marine Corps and federal civilian agencies over five years.
Xcerra Corporation stockholders approved the merger with Hubei Xinyan Equity Investment Partnership and China Integrated Circuit Industry Investment Fund Co., Ltd. The transaction is valued at $10.25 per share.
Sakthi Automotive held a ceremonial groundbreaking for a $7 million, 60,000-square-foot manufacturing and distribution facility expansion in southwest Detroit. The project is expected to be completed by mid-2018 and will add about 200 new jobs. The facility will support production of under-carriage steering components and safety knuckles.
Tambrands, a Procter & Gamble-owned tampon manufacturer, completed a 33,000-square-foot, $6.2 million expansion at its Auburn, Maine plant, adding two production lines. The company also spent $4.6 million on safety upgrades, including a pump house and a delivery area. The plant produces 9 million tampons daily.
Sakthi Automotive Group, the U.S. subsidiary of India's Sakthi Group, is building a 60,000-square-foot plant in Detroit to accommodate a new contract to build steering arms and knuckles for Volkswagen AG vehicles.
China Jushi USA Corporation selected Gray Construction to design and build its first U.S. manufacturing facility and headquarters in Columbia, South Carolina. The campus will include five buildings totaling 660,135 square feet and an 80,000-ton production line, expected to take 18 months to complete.
Empirical Systems Aerospace, Inc. opened a new 32,200-square foot manufacturing facility in San Luis Obispo, California, to design, produce, test, and certify electric and hybrid aircraft. The facility will create about 40 new jobs.
Dilo received an order from Foss Floors to supply a complete Dilo needlepunch line for the production of floor covering felts, including opening and blending line, carding machine, crosslapper, and needlelooms.
Pelican Energy Partners sold downhole sand protection tool provider Multilift, based in Houston, Texas, to Forum Energy Technologies.
Halliburton bought electric submersible pump technology and services provider Summit ESP of Tulsa, Oklahoma, which has more than 500 employees.
Mercury Systems received a $3.2 million follow-on order from a leading defense prime contractor for high-speed, rugged memory devices integrated into an airborne command, control, and intelligence computing system.
INNOVA Global Ltd. acquired the shares of Braden, a gas turbine auxiliary equipment specialist, from Global Power Equipment Group. The acquisition includes Braden Manufacturing LLC in Tulsa, Consolidated Fabricators in Auburn, Massachusetts, and Braden-Europe in Heerlen, the Netherlands.
G.S. Precision celebrated the completion of a $17 million expansion at its facilities in Brattleboro, Vermont, which is expected to bring up to 100 new jobs. The expansion was completed as of October 12, 2017.
Victor Capital Partners and the private equity group of The Allstate Corporation have acquired PrimaLoft, a manufacturer of high-performance insulations, fabrics and yarns, in partnership with the company's management team. The acquisition was announced on October 12, 2017.
Tetra Tech Inc. has acquired Glumac, a sustainable infrastructure design company with 12 offices in the Western US and one in Shanghai. Glumac has more than 300 employees.
JERA agreed to acquire a 50% equity interest in Linden Cogen Holdings LLC, owner of a 972MW natural gas-fired cogeneration complex in New Jersey, from funds managed by Oaktree Capital Management and Ares Management.
Brainerd Chemical acquired Honeywell's plant in Danville, Illinois in the third quarter of 2017.
Global Tooling Solutions LLC announced a strategic partnership with Autogrip Machinery Co. to distribute Autogrip's power chucks, including hydraulic and pneumatic chucks, in the U.S. market.
Oxiteno's new alkoxylation plant in Pasadena, Texas is nearing completion and scheduled to start up in early 2018. The plant has a capacity of 170,000 metric tons per year and will create more than 100 direct jobs.
5N Plus Inc.'s Electronic Materials segment was awarded a multi-year program by the U.S. Government to supply engineered semiconductor materials for space and aeronautical missions. The program is expected to commence in the second half of 2018.