Honeywell plans to invest more than $10 million and add up to 5,000 square feet of manufacturing space at its Greer, South Carolina aerospace facility, creating about 30 jobs by 2019. South Carolina committed additional tax incentives over 20 years.
Minnetronix announced the completion of a 22,000-square-foot expansion of its St. Paul, Minnesota facility, bringing total space to 125,000 square feet and increasing production capacity by 50%.
Gage Brothers Concrete Products announced plans for a new $40 million, 210,000-square-foot precast concrete plant in Sioux Falls, South Dakota. Construction will begin in summer 2017 with completion expected in January 2019.
A joint venture of S.A. Healy (Lane Construction subsidiary) and Salini Impregilo won a $580 million design-build contract from DC Water for the Northeast Boundary Tunnel in Washington, D.C. Work is expected to begin in September 2017 and be completed in 2023.
Mitsubishi Chemical Corporation announced it will acquire the thermoplastic polyurethane elastomer (TPU) business of AdvanSource Biomaterials Corporation. The acquisition is expected to close in January 2020.
L-3 Communications awarded Rockwell Collins a repair chain management contract to support repair of over 500 parts for 59 U.S. Air Force KC-10 aircraft, managing 4,000 repairs annually.
Bell Helicopter Textron Inc. was awarded a maximum $17,129,411 firm-fixed-price delivery order by the Defense Logistics Agency for yoke assemblies, with performance through November 15, 2021.
Addivant held a ribbon-cutting ceremony on June 30, 2017, marking a multi-million-dollar expansion for its WESTON 705 nonylphenol-free antioxidant at its Morgantown, West Virginia manufacturing facility, more than tripling production capacity.
Franklin International Inc. announced plans to invest $4.4 million to construct a new 12,500-square-foot R&D facility at its corporate headquarters in Columbus, Ohio, adding eight new employees.
Bunting Magnetics Co. has signed an agreement to acquire Global Magnetics, Inc., a Florida-based distributor of magnetic systems and mineral separation equipment built by Master Magnets Ltd. This follows Bunting's acquisition of Master Magnets in January 2017.
Behr Process Corp., a paint manufacturer, leased nearly 230,000 square feet of office space in Santa Ana, California, to consolidate office employees and free up space for manufacturing. The move could accommodate over 700 employees.
The U.S. Defense Department awarded Lockheed Martin a $5.6 billion undefinitized contract for work on the eleventh lot of F-35 aircraft, covering 91 U.S. aircraft and 50 international aircraft.
American Alloy Acquisition LLC signed an agreement to acquire CC Metals & Alloys (CCMA) from Georgian American Alloys Inc. CCMA produces high-grade ferrosilicon alloys in Calvert City, Kentucky.
Fleetwood Metal Industries, a parts supplier for Honda, will complete a 60,000 sq. ft. facility in Sylacauga, Alabama, as an expansion of its existing operations. The project is expected to create at least 30 jobs, with potential for 60-70 jobs.
Ashland Capital Partners has acquired Boccella Precast, a manufacturer of structural precast concrete products. Boccella's pre-stressed hollow core concrete plank products are used in the Northeast and Mid-Atlantic regions of the United States.
Wright-Mix Material Solutions will invest $8.5 million to expand into an existing building at the Greenup/Boyd Riverport in Wurtland, Kentucky, creating 130 jobs. The facility will be used for automated toll blending and bagging of cement-based products.
Hatzel & Buehler's Delaware Office was awarded an electrical contract for Chester County Hospital's 250,000 square foot expansion, including a new electrical service distribution system and backup generator.
Ultra Electronics Holdings plc agreed to acquire Sparton Corporation for $23.50 per share in cash. The transaction is expected to close no later than January 1, 2018.
Entellus Medical has agreed to acquire Spirox, a maker of the Latera Absorbable Nasal Implant, for $25 million in cash and approximately 3.4 million shares of Entellus common stock worth about $56 million.
INTECH was awarded a supply and engineering services contract for PCS & SIS panels at a compressor station as part of a natural gas storage expansion project in the Northwestern United States.
ScentLok Technologies acquired rival Robinson Outdoor Products, including its ScentBlocker, ScentShield, Tree Spider and Whitewater Outdoors brands and all intellectual property. The deal closed on July 6, 2017.
Roxul, a stone wool insulation manufacturer, announced plans to build a $150 million plant in Ranson, West Virginia, creating 150 jobs. Construction is expected to start in October 2017.
Steel Dynamics announced a $75 million project at its plant in Columbia City, Indiana, near Fort Wayne.
Konica Minolta signed a definitive agreement to acquire Ambry Genetics for up to $1 billion, with $800 million paid upon closure and up to $200 million in additional payments.
Boral Ltd. consummated a $2.6 billion takeover of Headwaters Inc. following FTC clearance, forming a new division Boral North America with $1.8 billion in annual sales.
NOVA Chemicals completed the acquisition of Williams Partners' indirect 88.46% ownership interest in the Geismar, Louisiana olefins plant, along with 525 acres of adjacent land and interest in the Ethylene Trading Hub.
The U.S. Navy awarded Northrop Grumman a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly for the MK 48 heavyweight torpedo. Work will be performed at facilities in Annapolis, Maryland and Braintree, Massachusetts.
Hitachi published a notice setting the transfer execution date for its acquisition of a U.S.-based air compressor manufacturer. The article gives no target name, value or closing details.
TTI Inc. has acquired Symmetry Electronics, a privately held semiconductor distributor based in Hawthorne, California. Symmetry will operate as a wholly-owned subsidiary of TTI with current management remaining in place.
Emerald Transformer, a division of Versatile Processing Group, acquired the Transformer Services group of Clean Harbors Inc. The acquisition expands Emerald's national footprint to 10 locations across the United States. Financial terms were not disclosed.
Stratosphere Quality, a quality assurance and outsourcing services provider, was acquired by Sojitz Corporation (majority shareholder) and Green Tec Corporation. Founder Steve Cage will remain on the advisory board.
Digirad won a maximum $100 million firm-fixed-price contract with the US Department of Defense to supply computed tomography imaging equipment. The 5-year base contract has a completion date of June 29, 2022.
The Wonderful Group, a Chinese tile and ceramics manufacturer, is investing $150 million in a 500,000-square-foot manufacturing facility in Tennessee.
Southern Power, a unit of Southern Co., signed an MOU with Wartsila to develop two flexible gas-fired power plant projects, each up to 450 MW, in the United States.
Lockheed Martin received two contract modifications worth a combined $73.9 million from the U.S. Navy to support low-rate initial production of F-35 Lightning II aircraft. One modification covers long-lead parts for five F-35B jets, and the other covers hardware and engineering services for Lot 11 F-35 jets for Japan.
OMB Valves s.p.a. signed on 5 July 2017 to acquire the Vogt Valves division from Flowserve Corporation for approximately $28 million and completed the deal on 6 July 2017, with an expected gain of about $10 million for Flowserve.
Emerson selected Caltrol as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada and Hawaii, effective 5 July 2017. Emerson purchased the business unit from Pentair on 28 April 2017.
Halliburton announced it will acquire Tulsa, Oklahoma-based Summit ESP, which makes pumps for artificial lift in oil and gas wells. Financial terms were not disclosed.
TriQuint Semiconductor has been awarded a $17.5 million Defense Production Act Title III contract by the US Air Force Research Laboratory to develop gallium nitride (GaN) manufacturing technology. The work will be performed at TriQuint's Richardson, Texas facility.
Steel Dynamics, Inc. (SDI) announced a $75 million expansion of its Structural and Rail Division in Columbia City, Indiana. The project will add a rolling mill to produce 240,000 tons of reinforcing bar annually and create 33 jobs, with completion expected in Q4 2018.
Houston-based distributor Puffer-Sweiven was named Emerson's representative in the Gulf Coast and Central Texas region for valve brands acquired from Pentair, including Crosby, Keystone and Anderson Greenwood. It can now sell and service control, isolation and relief valves.
Minnesota-based Cortec introduced CorrTainer corrosion protection boxes with vapour phase corrosion inhibitors in the cardboard walls, produced on a newly installed box-making machine.
POWER Engineers Incorporated closed a deal to acquire Sega Inc., a Kansas City-based consulting engineering firm specializing in power generation and power delivery, strengthening POWER's U.S. presence in power engineering markets.
Severn Trent Plc approved the sale of its North American business operations to a group led by current U.S. management and backed by PPC Enterprises LLC and Alston Capital Partners LLC, forming an independent American company effective July 3, 2017.
Tiarco Chemical, a subsidiary of Textile Rubber & Chemical Company, is expanding its Dalton, Georgia chemical production facility. Construction began in Q1 2017 and will be fully operational by Q2 2018, adding approximately 40% to the site's footprint.
Standard Textile has expanded its Union County, South Carolina facility twice since 2013, adding 50 new jobs, 39,000 square feet, and over USD 10 million in capital investment. The plant produces textiles for the hospitality industry.
Pratt & Whitney received a $339.6 million contract modification from the U.S. Navy to provide initial spare modules, parts and engines for Lot 11 F-35 propulsion systems. Work will occur in Connecticut, Indiana and the UK through June 2020.
AK Steel has announced the acquisition of Precision Partners Holding Co. for $360 million in cash. Precision Partners specializes in tooling, die making, and stamping of automotive components.
NCI Inc is to be acquired by H.I.G. Capital, LLC for approximately $283 million ($20.00 per share). NCI will become a privately held company.
Henkel completed its acquisition of the global Darex Packaging Technologies business, based in Massachusetts, for $1.05bn on a cash and debt-free basis. Darex makes sealants, coatings and cans for the metal packaging industry.