Japanese automotive supplier Topre plans to expand its manufacturing facility in Smyrna, Tennessee, investing $38.2 million and creating 35 new jobs.
Shandong Ruyi Technology Group will invest $410 million in the former Sanyo facility in Forrest City, Arkansas, creating up to 800 jobs. The plant will spin Arkansas cotton into yarn, with renovations starting in late 2017 and production expected by mid-2018.
World Water Works, Inc. was selected to implement its IFAS technology at the Emporia Wastewater Treatment Plant in Emporia, Kansas, to increase capacity from 4 MGD to 5.4 MGD. The system is expected to be operational within the next year.
Sigma Plastics Group acquired BJK Flexible Packaging, adding 45 million pounds of blown film capacity and serving food packaging and other end markets in Kentucky.
GKN Aerospace announced a new manufacturing facility at VentureCrossings Enterprise Center in Panama City, Florida, representing a $55 million capital investment and creating 170 jobs with an average salary of $65,000, expected to open in 2018.
PVS Steel Services Inc., a division of PVS Chemicals Inc., purchased certain assets of Pittsburgh-based ISSI Holding, Inc. The acquisition enhances PVS's offerings to the steel and oil and gas industries.
Isopure Corp., a medical equipment manufacturer of water-purification and concentrate mixing devices for kidney dialysis, is relocating from Simpsonville to a larger 66,800-square-foot building in Jeffersontown, Kentucky to accommodate growth. The company has 38 employees and expects to grow.
TE Connectivity acquired MicroGroup, a manufacturer of precision metal tubing for medical devices. The acquisition strengthens TE's capabilities in the medical device space.
Inland completed installation of an HP Indigo 20000 digital press at its Neenah, Wisconsin facility to expand digital printing capabilities for flexible packaging, shrink sleeves, and pressure sensitive products.
Siemens and Chromalloy Gas Turbine Corp. formed a joint venture called Advanced Airfoil Components, with a $130 million combined investment, to produce turbine blade and vane cast components for power generation. The new facility will employ up to 350 people and is scheduled to begin operations in 2018.
Siemens and Chromalloy Gas Turbine Corp. formed a joint venture, Advanced Airfoil Components, to supply Siemens with turbine blade and vane cast components for power generation, with a combined investment of approximately $130 million and up to 350 new jobs in the US. A new facility is planned, with groundbreaking later in 2017 and completion in fall 2018.
4 Eco Services acquired the assets of All Seasons Heating and Air Conditioning, a Kansas City-based HVAC and home services provider, to expand its services in the Kansas City market.
Cardiff International, Inc. signed a Letter of Intent to acquire MedicaMetrix, Inc. in an all-stock transaction valued at approximately $6 million. MedicaMetrix is the creator of the ProstaMetric medical device for prostate cancer diagnosis.
Gevo Inc. entered into a five-year offtake agreement with HCS Holding GmbH to supply renewable isooctane. The first phase involves isooctane from Gevo's demonstration plant in Silsbee, Texas, starting May 2017; the second phase will supply 300,000 gallons per year from a planned commercial facility in Luverne, Minnesota.
Kohlberg & Company closed the acquisition of Pexco and merged it with PPC Industries (including Kelpac Medical) to form The Spectrum Plastics Group, a medical device plastics supplier with 20 plants across five countries and three continents.
Siemens and Chromalloy Gas Turbine Corporation have formed a joint venture called Advanced Airfoil Components to produce turbine blade and vane cast components for power generation. The partners are investing approximately USD 130 million to create a new production facility in the United States, creating up to 350 jobs.
LINAK U.S. Inc. broke ground on a $33 million expansion of its Louisville, Kentucky plant, adding approximately 145,000 square feet to double the facility's size. The project will create 413 full-time jobs and includes new production equipment.
Proactive Packaging and Display LLC, a portfolio company of CK Pearl Fund, was sold to New-Indy Containerboard LLC, a joint venture of Schwarz Partners and Kraft Group.
New-Indy JV Corp., a joint venture of Kraft Group and Schwarz Partners, agreed to acquire Carolina Container Company, a longtime leader in corrugated packaging based in High Point, North Carolina.
ESCO Technologies Inc. acquired NRG Systems, Inc. (Renewable NRG Systems), a global leader in decision support tools for the renewable energy industry, based in Hinesburg, Vermont. The business will join ESCO's Utilities Solutions Group. Terms were not disclosed.
Tolmar Inc. announced plans to add a 225,000-square-foot manufacturing and administrative site in Windsor, Colorado, to its existing facilities in Fort Collins, to meet growing demand for its product portfolio.
Hill PHOENIX, a Dover operating company, acquired certain assets and intellectual property of Tyler Refrigeration, a unit of Carrier Corporation. The deal includes inventory, equipment, order backlog, intellectual property, service parts business, and five service branches. Financial terms were not disclosed.
Dover Corporation, through its Dover Electronics subsidiary, signed a definitive agreement to acquire Knowles Electronics, a manufacturer of micro-acoustic components and MEMS microphones, for $750 million. The transaction is expected to close in September 2005.
Prysmian Group has been awarded a three-year supply agreement from Verizon worth approximately $300 million to supply over 17 million fiber kilometers of ribbon and loose tube cables for network expansion.
Maxim Crane Works and Essex Rental Corp have entered into a stock purchase agreement, in which Maxim will acquire Coast Crane Company, an indirect wholly-owned subsidiary of Essex.
Kyocera SGS Precision Tools broke ground on a $9.5 million Tech Hub in Danville, Virginia, a 30,000-square-foot facility expected to create over three dozen jobs. The hub will support engineering and manufacturing of cutting tools for automotive, aerospace, medical and power generation industries.
DE-STA-CO, a Dover Corporation company, acquired Industrial Motion Control, LLC (IMC), a manufacturer of mechanical motion control products with annual revenues of approximately $50 million. Terms were not disclosed.
INVISTA is investing over $65 million in state-of-the-art fiber production equipment at its Camden, South Carolina facility to expand capacity of Nylon 6,6 fiber, including high-tenacity specialty fibers for CORDURA fabrics, airbags, and industrial sewing threads.
PMI Aerospace, based in Rockford, Illinois, acquired Reno, Nevada-based Precision Valve, a maker of hydraulic servo valve components for commercial and military aircraft flight control systems.
Daikin Applied and Daikin North America have named Gardiner as the factory sales and parts representative in Northern Ohio, and Gardiner acquires Daikin Applied's service business for the Cleveland market. Gardiner will represent Daikin, replacing its previous relationship with Trane.
Boral has received final US approval for its $2.6 billion acquisition of Headwaters Inc., which will merge with Boral's US business to form Boral North America.
Elixir Extrusions will invest more than $8 million to expand its operations in Douglas-Coffee County, Georgia, adding a 70,000-square-foot facility with automated anodizing equipment and creating 100 new jobs.
Becton, Dickinson and Co. is investing $60 million in Nebraska to begin bringing plastics production in house.
Gentry Plastics added more equipment for mold making and injection molding at its expanded site in North Carolina.
Avantor entered into a definitive agreement to acquire VWR for $33.25 per share in cash, reflecting an enterprise value of approximately $6.4 billion.
Emefcy Group Limited signed a Letter of Intent to merge with RWL Water in an all-stock transaction, creating Fluence Corporation, a global provider of water and wastewater treatment solutions.
GSK announced a $139 million investment to expand its biopharmaceutical manufacturing site in Rockville, MD, to increase bulk drug substance production for BENLYSTA by close to 50%.
Alfa Laval won an order worth approximately SEK 85 million to supply evaporative air cooler systems to a gas processing plant in the U.S. Deliveries are scheduled for 2017.
Orix Corp will acquire a 22% ownership stake in Ormat Technologies from FIMI and Bronicki Investments for about $627 million, and enter into a strategic partnership.
Balfour Beatty, through its joint venture Pegasus Link Constructors LLC, won a £484M contract from the Texas Department of Transportation to reconstruct an 18km stretch of the Southern Gateway in Dallas, Texas. Construction will start later in 2017 and be completed in 2021.
American LandMaster announced plans to expand operations in Columbia City, Indiana, with a $4 million investment to lease and equip a 112,000-square-foot facility. The plant will serve as headquarters and consolidate manufacturing from Roseland, Louisiana, and Fort Wayne, with up to 67 new jobs by 2020.
ProSolus Pharmaceuticals, owned by Mission Pharmacal, opened a new transdermal patch manufacturing facility in Boerne, Texas, more than doubling its capacity to up to 100 million patches per year. The company already has a facility in Miami, Florida.
Armstrong World Industries was selected to provide ceiling material for the East Side Access project in Manhattan, New York, a major infrastructure project by the MTA.
Vitro Architectural Glass broke ground on a $55 million jumbo MSVD coater at its Wichita Falls, Texas plant. The coater will produce large low-e glass and create at least 50 new jobs.
Ohio packaging firm Sandusky Packaging chose a KBA Rapida 106 seven-color press with UV capability for its 50,000 sq ft facility in northeast Ohio, with operation to begin in late summer 2017.
Highlander Partners' portfolio company Twitchell Technical Products acquired The Quantum Group, a manufacturer of yarns and high-performance woven fabrics for furniture, construction, recreational, industrial, healthcare, automotive and airline industries. Quantum's facilities are in Colfax, North Carolina.
Nokian Tyres' Board of Directors made a principal decision to invest in a new greenfield tyre factory in Dayton, Tennessee, USA. The investment is approximately USD 360 million, with an annual capacity of 4 million tyres and 400 employees.
Medtronic is expanding its Greenwood County, South Carolina facility with a $6.5 million investment in a new production line. The line will be capable of producing up to 9,000 finished good units per day to meet increased customer demand.
Digital Power Corporation has signed a definitive agreement to acquire control of Microphase Corporation, a 62-year-old designer and manufacturer of RF and microwave components for defense, aerospace and telecom. The transaction is valued at an undisclosed amount and is expected to double Digital Power's revenues.
Pro Mach, a packaging machinery manufacturer, has acquired Stork-Texwrap, a manufacturer of fully automatic shrink wrapping systems. The acquisition expands Pro Mach's secondary packaging product line and will maintain Texwrap's facility in Washington, Missouri.