Marlen International, a subsidiary of Duravant LLC, acquired Unitherm Food Systems, a designer and manufacturer of thermal food processing equipment. The acquisition expands Marlen's thermal solutions offering in the meat and protein sector.
The Port of Virginia signed a $44.8 million contract with Zhenhua Heavy Industries Co. (ZPMC) for four new ship-to-shore cranes, the largest ZPMC has delivered to the U.S. The cranes are part of the $320 million expansion of Virginia International Gateway and are slated for delivery in April 2019.
Great Lakes West, a Michigan-based E&S dealer, has purchased Kessenich's Ltd., a family-owned dealer in Madison, Wisconsin. Terms were not disclosed. Kessenich's will operate as a division of Great Lakes West.
Nordam received an order from Boeing to manufacture spare leading-edge flaps for the US Navy's F/A-18 A-D Hornet fighter jets, with work through June 2022.
Zekelman Industries announced that American Tube Manufacturing has been renamed Atlas Tube – Birmingham, reflecting its integration into the Atlas Tube operating system. The plant now stocks an expanded size range of HSS products for next-day delivery in the southeastern US.
Dominion Packaging of Richmond, Virginia, installed a Tresu Flexo Innovator press (FI1400-10, 55-inch, 10-units) to produce folding carton packaging for tobacco, food and beverage markets.
Adient PLC signed a definitive agreement to acquire Futuris Group for approximately $360 million, including assumption of $18 million net debt. Futuris is a global designer and manufacturer of automotive seating and interior systems.
Cagan McAfee Capital Partners and Myles Sherman acquired Minimally Invasive Devices (MID), a laparoscopic surgery solutions company. The company will be renamed FloShield, Inc.
The San Francisco Public Utilities Commission awarded a $939 million contract to a joint venture of MWH Constructors and Webcor Builders to replace biosolid digester facilities at the Southeast Water Pollution Control Plant. The project will be built in two phases starting in 2018, with completion scheduled for mid-2025.
Greenheck Group announced it will build a new campus in Tulsa, Oklahoma, with initial facilities for its Accurex brand of commercial kitchen ventilation systems and Greenheck Tempered Air Products line. The first facility is expected to be operational by summer 2018, with about 75 jobs in the first year.
Microsemi Corp has become a member of PowerAmerica and been awarded a contract to support the commercialization of 1.7kV and 3.3kV SiC MOSFETs and Schottky diodes, as part of PowerAmerica's $70m DoE-backed initiative.
MPW Industrial Services was awarded a contract to provide a mobile wastewater treatment system for a power plant with generation capacity over 1,000 MW, treating up to 1 million gallons per day during an eight-month outage.
Carl Zeiss Meditec AG acquired Veracity Innovations, LLC, a cloud-based platform for cataract surgical planning, management and analysis, to expand its digital offerings in ophthalmology.
Packaging Corporation of America will convert its No. 3 paper machine at the Wallula, Washington mill into a 400,000 ton-per-year virgin kraft linerboard machine, starting in the second quarter of 2018.
Packaging Corporation of America agreed to acquire substantially all assets of Sacramento Container Corporation and related sheet operations in California for a cash price of $265 million. Closing is expected in early Q4 2017.
Pritzker Group portfolio company ProAmpac has acquired Clondalkin Flexible Packaging Orlando, a maker of lidding foils and films, from Clondalkin Group. No financial terms were disclosed.
B&G Foods entered into an agreement on August 20, 2017 to acquire Back to Nature Foods Co., a joint venture between Brynwood Partners and Mondelez International, for approximately $162.5 million. The acquisition adds the Back to Nature and Snackwell's brands to B&G Foods' portfolio.
Sempra Energy announced an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80% of Oncor Electric Delivery Company, for approximately $9.45 billion in cash. The enterprise value including Oncor's debt is about $18.8 billion.
MediSurge will take over manufacturing for Inrad's current line of products, including biopsy needles and accessories, in Grand Rapids, Michigan. MediSurge will hire Inrad manufacturing employees.
HEICO Corporation's Electronic Technologies Group signed a stock purchase agreement to acquire 100% of AeroAntenna Technology Inc. for $316.5 million in cash, plus a potential $20 million earnout.
New York Air Brake will expand its Premtec Division plant in Salisbury, Rowan County, North Carolina, creating 28 jobs and investing over $1 million. The project is supported by a $50,000 One North Carolina Fund grant and could reach 40 jobs long term.
Orbital ATK was awarded a $157 million contract from the U.S. Navy to produce Lot 6 for the Advanced Anti-Radiation Guided Missile (AARGM), converting AGM-88B missiles into 230 AGM-88E AARGM All-Up-Rounds and six captive air training missiles.
Southern Home Services Corp. acquired FAST of Florida, Patricks Heating & Air Conditioning, and Duron Smith A/C & Heat, expanding its HVAC, plumbing and electrical service operations in Florida.
High Steel Structures LLC completed fabrication of over 50,000 tons of structural steel for the $3.98 billion New NY Bridge Project, its largest contract ever. The company also completed an $11.4 million expansion of its Williamsport facility, adding 30,000 sq. ft. and 200 jobs.
Hach Co. is opening an 86,000-square-foot research and development facility in Loveland, Colorado, its third building there. The $25 million investment will house 50 employees relocating from leased space and support the company's water quality testing business.
Thermamax Inc. expanded its facility in Aurora, Illinois by nearly 50,000 sq. ft. to enable production of almost the entire Thermamax product portfolio, including sheet metal insulation for larger diesel and gas engines.
Daiichi Kasei Co., Ltd. acquired Ultrafabrics, LLC, a pioneer in high-performance polyurethane fabrics, for an enterprise value of $150 million.
Rodenhouse Inc., a manufacturer of building envelope fastening solutions, was acquired by Altenloh, Brinck, & Co. U.S., Inc. (formerly Trufast Corporation), effective August 1, 2017.
Energy Capital Partners and a consortium including Access Industries and Canada Pension Plan Investment Board agreed to buy Calpine Corp. for $5.6 billion in cash, or $15.25 per share. Including debt, the deal is valued at over $17 billion.
Kenda has been selected by Slate Auto as the official original equipment tire supplier for the Blank Slate electric pickup. Kenda will provide its KLEVER S/T EV tire, developed specifically for the vehicle, and will also supply accessory tire offerings.
Roman Stone has been selected to supply its EZ-KEY Precast Duct Bank System for a major hyperscale data center project in Canton, Ohio. The company will use mobile manufacturing operations to produce precast concrete products at or near the project site.
Safran plans to open a manufacturing operation at Mobile Aeroplex in Alabama, investing approximately $1 million in equipment and hiring 20 employees over three years. The facility will produce and install aircraft engine nacelles, with an opening planned for November 2017.
Artemis Capital Partners acquired StanChem, a specialty chemicals manufacturer of emulsion polymers, specialty adhesives, and intumescent coatings, from its CEO and owner Jack Waller.
MinXray has been awarded a maximum $100 million firm-fixed-price contract from the US Department of Defense to supply radiology systems, accessories and training to the Air Force, Army, Navy, Marine Corps and federal civilian agencies. The contract has a 5-year base period with a 5-year option.
Stratus Plastics International Inc. will invest $4 million to locate a factory in Morgantown, Kentucky, creating 29 full-time jobs. The facility will supply the automotive and appliance industries.
GE Appliances will move the production of hotel lines from Kentucky to Tennessee.
Parts Authority announced the acquisition of World Auto Parts, a supplier of replacement parts with three stores in the Cleveland area. The three locations will be integrated with Parts Authority's system.
Artemis, a private equity firm, led the acquisition of StanChem Polymers, a specialty chemicals manufacturer based in East Berlin, Connecticut.
United Rentals agreed to acquire Neff for $1.3 billion in cash, or $25 per share, winning a bidding war against H&E Equipment Services.
Straumann Group acquired ClearCorrect, a manufacturer of clear aligners, for approximately $150 million. ClearCorrect will continue operations in Round Rock, Texas.
GE Appliances is investing $9.3 million to expand its Selmer, Tennessee, facility to produce Monogram refrigerators and freezers and move Zoneline hotel AC production from Louisville. The expansion will create 210 jobs.
JW Hill Capital acquired GKN Aerospace Bandy Machining, Inc., a producer of specialized hinges for aerospace and defense, from GKN Aerospace. The transaction closed on August 11, 2017.
Ascend Performance Materials unveiled a $6.2 million expansion at its Greenwood campus, adding 24 million pounds of staple fiber production and creating 27 jobs.
Boeing commemorated a 90,000 square-foot expansion of its Helena, Montana facility to support 777X airplane production. The site will install new machine tools to fabricate titanium parts for the 777X.
D&H Industries purchased a Sesco large coil feed line (30,000 lb capacity, .150" x 30" thick) and a US Machine large coil feed line (30,000 lb capacity, .500" x 30" thick) for its large mechanical presses in Oconomowoc, Wisconsin.
TREMEC Corporation is moving its Michigan operations from Plymouth to Wixom, investing over $50 million and creating approximately 130 jobs over three years, with expanded engineering and assembly operations.
M.H. Eby, a manufacturer of aluminum trailers and truck bodies, acquired a 95,000 sq. ft. production plant in Ephrata, Pennsylvania, to consolidate its Pennsylvania manufacturing operations.
Smith & Nephew Inc. plans a $25.7 million expansion of its medical manufacturing facility in Fort Worth, Texas, creating 100 new jobs and retaining 83 employees.
Hexagon Composites received a contract worth over $10 million to produce compressed hydrogen cylinders for new fuel cell electric vehicles. Production will be done at Hexagon Lincoln, with the contract running until 2020.
Rada Electronic Industries received an $8 million order for dozens of Multi-Mission Hemispheric Radars from a key US military force. The radars will be delivered during 2017.