Wencor Group, an aerospace aftermarket provider, has acquired Accessory Technologies Corporation (ATC), a certified repair station specializing in pneumatic valves and electro-mechanical actuators. Terms were not disclosed.
SouthCorr, a corrugated packaging manufacturer owned by Interstate Resources, plans to invest $6.7 million to expand its plant in Asheboro, Randolph County, North Carolina, creating 22 new jobs.
Thiele Kaolin Co. acquired the silica and trucking operations of Short Mountain Silica, a producer of high-purity silica in Mooresburg, Tennessee. The deal value was not disclosed.
SWF Companies, a wholly-owned subsidiary of Dover Corporation, acquired Tisma Machinery Corporation of Elk Grove Village, Illinois, a maker of high-speed cartoning machinery.
Microchip Technology signed an agreement to buy Atmel for $8.15 per share in cash and stock, with an equity value of about $3.56 billion, topping a previous offer from Dialog Semiconductor.
ENGIE North America and Axium Infrastructure US won a 50-year concession valued at $1.165 billion to manage energy for Ohio State University's Columbus campus, approved by the Board of Trustees on April 7, 2017.
PGT Innovations, through its subsidiary PGT Industries, entered into a Product Supply and Sales Agreement with Kuraray America for polyvinyl butyral and ionoplast interlayer products. PGT will purchase 100% of its requirements from Kuraray through December 31, 2019.
Unic Capital Management Co., Ltd., an affiliate of Sino IC Capital, and China Integrated Circuit Industry Investment Fund Co. agreed to acquire Xcerra Corporation for approximately $580 million. Xcerra provides semiconductor and PCB test equipment.
JCB launched 13 new products at CONEXPO-CON/AGG, including skid steer loaders, compact track loaders, a rough-terrain forklift, and a telescopic handler.
Kubota Tractor Corporation unveiled its new North American headquarters building in Grapevine, Texas, in a ribbon-cutting ceremony with Governor Greg Abbott. The company moved from Torrance, California.
Midland Cogeneration Venture, the largest gas-fired combined-cycle plant in the US, plans a $500 million expansion adding 700 MW through two new gas turbines and a steam turbine in Midland, Michigan.
Hologic won a maximum $721.1 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.
Nanocomp Technologies was selected by the US Government to supply carbon nanotube yarn and sheet material for Department of Defense programs. The company also committed to building a large-scale manufacturing facility in Merrimack, N.H.
Amec Foster Wheeler has been awarded a $48.4 million design-build contract by the U.S. Army Corps of Engineers to upgrade the water treatment plant at the Bunker Hill Superfund site near Kellogg, Idaho.
D. Wheatley Enterprises (DWE) is relocating its headquarters and manufacturing operations to Belcamp, Harford County, investing over $2.3 million in a new 45,000 sq ft building and adding 40 new jobs over four years.
PowerSecure announced the acquisition of Florida-based distributed power system service provider Power Pro-Tech Services (PPT). The transaction closed on April 7, 2017.
GE Aviation's vice president Colleen Athens announced a $4.3 billion investment over five years in GE Aviation's U.S. operations, including new factories in Lafayette, Indiana, and Asheville, North Carolina.
TCC Materials' Amcon Concrete Products business acquired block plants in Harrisburg, South Dakota, and Worthington, Minnesota, from Sweetman Construction Co., dba Concrete Materials.
Shanhai Capital completed the acquisition of Analogix Semiconductor for approximately USD 500 million. China IC Fund joined as a limited partner in Shanhai Capital's fund.
Mitsubishi Caterpillar Forklift America Inc. (MCFA) and Jungheinrich Lift Truck Corp. formed a joint venture, Industrial Components of Texas, LLC (ICOTEX), to manufacture industrial components. The 71,000 sq ft facility in Conroe, Texas, is scheduled to open in late summer 2017 and will employ about 80 people.
Beijing Shanhai Capital Management Co., Ltd. completed the acquisition of Analogix Semiconductor for approximately $500 million. China Integrated Circuit Industry Investment Fund Co., Ltd. joined as a limited partner.
Beijing Shanhai Capital Management Co., Ltd. completed the approximately $500 million acquisition of Analogix Semiconductor, with China IC Fund as a limited partner.
BASF signed an agreement to sell its Bleaching Clay and Mineral Adsorbents businesses to EP Minerals. The transaction includes a production site and clay mine in Mississippi and mineral rights in Arizona, affecting about 70 employees. Financial details were not disclosed.
Watson Metal Masters Inc. is expanding its manufacturing plant in Republic, Missouri, with a $4.8 million investment that will double floor space to 47,000 square feet and add 40 jobs. The expansion is expected to be completed in August 2017.
Lotte Chemical USA is investing in a $1.9 billion joint venture with Westlake Chemical to build an ethane cracker complex in Lake Charles, Louisiana. The complex is under construction and expected to begin operating in 2019, producing 1 million tons per year of ethylene.
Lotte Chemical USA announced it will establish its headquarters in Lake Charles, Louisiana, joining its $1.1 billion monoethylene glycol (MEG) plant under construction. The combined facilities will create 130 new direct jobs. The MEG plant is expected to begin operating in 2019.
MA Acquisition LLC, a management-led investment group, acquired Magic Aire (United Electric Corporation) from Carrier Corporation. Magic Aire is a designer and manufacturer of commercial HVAC systems based in Wichita Falls, Texas.
First Aviation Services, Inc. acquired Kelly Aerospace Turbine Rotables, Inc. (KTR), a wholly owned subsidiary of Kelly Aerospace, Inc. KTR is an FAA certified repair station in Wichita, Kansas providing overhaul and repair services for aircraft components.
Appolo Heating, an HVAC and plumbing sales and service provider, acquired Guagliardo Plumbing, Heating and Air Conditioning, Inc. located in Owego, NY. The acquisition expands Appolo Heating's presence in the Southern Tier Region of New York.
American Metals Group plans to bring 80 jobs to Childersburg, Alabama.
Konecranes and GCT USA signed a contract in March 2017 for the delivery of two Konecranes BOXPORTER Rail Mounted Gantry cranes for the ExpressRail Port Jersey intermodal yard at GCT Bayonne, USA.
ETC completed its acquisition of High End Systems from Barco, Inc. on March 31, 2017. High End Systems manufactures lighting products.
Parkson Corporation, a subsidiary of Axel Johnson Inc., acquired Meurer Research Inc. (MRI) of Golden, Colorado. MRI manufactures water and wastewater treatment products.
The Accelity Group, along with current management and co-investors, acquired the assets of United Tool, a Pewaukee, Wisconsin-based precision machining and tooling company. The acquisition will integrate United Tool with Tower Machining LLC.
Kannegiesser USA, a subsidiary of Herbert Kannegiesser GmbH, acquired E-Tech, Inc. of Minneapolis, MN. The merged company, Kannegiesser ETECH, will focus on the North American market for automated laundry equipment.
American Axle & Manufacturing Holdings, Inc. (AAM) completed the acquisition of Metaldyne Performance Group Inc. (MPG) on April 6, 2017. The transaction was unanimously approved by both companies' boards and stockholders.
American BOA, Inc. has acquired Flexial Corporation, a Cookeville, Tennessee maker of welded metal bellows for aerospace and defense markets. Terms were not disclosed.
CNP Technology Water and Biosolids Corp. announced that its AirPrex sludge optimization and phosphorus recovery process has been selected for the Liverpool Wastewater Treatment Plant in Medina County, Ohio. Installation is scheduled for Q4 2017.
Iran Aseman Airlines placed a $3 billion order with Boeing for 30 new 737 MAX narrow-body jets, with purchase rights for an additional 30, expected for delivery from 2022.
Space Exploration Technologies (SpaceX) received a launch services contract from Global-IP Cayman to launch the Boeing-built GiSAT-1 communication satellite aboard a Falcon 9 rocket in 2018.
Kaman Aerosystems received an order from ROTAK Helicopter Services for the supply of two K-MAX single-engine medium-lift helicopters, scheduled for delivery in 2016.
Plug Power Inc announced that Amazon.com Inc acquired the right to buy up to 23% of the company and that it would supply batteries to power forklifts used by Amazon in its warehouses. Amazon must spend at least $600 million over the life of the contract.
Basler Electric Company acquired E2 Power Systems, which provides engineering and installation services to the power generation, power distribution and controls markets. Terms were not disclosed.
Low & Bonar plc acquired PDM Molding, Inc. and PDM Molding NW, Inc., manufacturers of rotational molded plastics, making Low & Bonar the second largest custom rotomolder in North America. Terms were not disclosed.
Walton's Inc., a Kansas-based meat processing equipment distributor, acquired Nebraska-based Advantage Food Equipment & Supplies Inc. The acquisition adds a second location in Omaha and a new seasoning line.
Calgon Carbon won a $13.2 million contract to supply GAC adsorption vessels and activated carbon to treat water at 38 Cal Water well sites in California. The equipment will be installed in stages and expected to be in service by June 2018.
Italcer will soon launch the construction of a 4.0 manufacturing facility in the US, aiming to consolidate its presence in the region.
Woodward Inc. plans to establish a second campus in Loves Park, Illinois for its Aircraft Turbine Systems business, investing $200 million over 10 years and doubling its workforce by 2021.
Qualcomm announced that its $47 billion acquisition of NXP Semiconductors received US antitrust clearance under the Hart-Scott-Rodino Act, and extended the tender offer deadline to May 2, 2017.
Quaker Chemical Corporation and Houghton International Inc. executed a definitive agreement to combine, with Houghton shareholders receiving $172.5 million cash and 24.5% ownership of the combined company.