Solvay will buy all the renewable energy certificates for 15 years from the Moffett Solar 1 farm in South Carolina, which is expected to open by the end of 2017.
Borealis and NOVA Chemicals signed a preliminary agreement with Total to form a joint venture to build a 1,000 ktpa ethylene cracker in Port Arthur and a 625 ktpa Borstar PE plant in Bayport, Texas, plus Total's existing Bayport PE facility. Start-up is planned for late 2020.
Continental Motors Group announced a new state-of-the-art manufacturing facility and corporate office at the Mobile Aeroplex at Brookley in Mobile, Alabama. The nearly 225,000 square foot facility will replace the current 11-building footprint and is part of a 3-year global investment plan.
A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.
Kansas City-based Alphapointe signed a seven-year contract to produce prescription bottles for Express Scripts Holding Co., a private-sector addition to its existing Veterans Affairs bottle contract, reported on 27 March 2017.
BWAY Corporation completed the acquisition of the assets of Ball Corporation's metal packaging business in Hubbard, Ohio, which produces general line, household and specialty metal containers, announced on 27 March 2017.
S&K Aerospace, a subsidiary of S&K Technologies, received a $4.2 billion contract from the U.S. Air Force for procurement and logistic support for aging weapon systems. The contract may extend to 15 years and add 100 employees.
Schlumberger and Weatherford announced a joint venture, OneStim, to deliver completions products and services for unconventional resource plays in the US and Canada land markets. Schlumberger will have 70% ownership and Weatherford 30%, with Schlumberger paying Weatherford USD 535 million. The transaction is expected to close in H2 2017.
The Sherwin-Williams Co. and The Valspar Corp. have extended the termination date of the definitive agreement under which Sherwin-Williams will acquire Valspar from March 21, 2017 to June 21, 2017.
SEaB Energy was awarded a contract to supply a FLEXIBUSTER waste-to-energy unit to the State of California Energy Commission for a five-year research programme at a US Naval Base in Ventura County, California. Installation is planned for October 2017.
Danfoss Silicon Power will open a facility in the Quad-C building on SUNY Poly's campus in Marcy, New York, to package silicon-carbide wafers from GE. The state is investing $215 million, and the plant is expected to create at least 300 jobs and be operational in early 2018.
Goldner Hawn Johnson & Morrison has acquired a majority position in Applied Adhesives, a supplier of hot melt, water-based, and reactive adhesives, from Ellipse Capital. Financial terms were not disclosed. The current management team retains ownership and will continue leading the company.
COLTENE Holding AG acquired the business and assets of Diatech LLC, a telesales and online vendor of dental burs and orthodontic products, based in Mount Pleasant, South Carolina. The acquisition price was not disclosed. Closing is expected on March 31, 2017.
Lippert Components plans to build a $19 million manufacturing plant in New Haven, Indiana, creating 140 jobs by the end of 2019.
Akoustis Technologies signed definitive agreements to acquire a 120,000 sq. ft. wafer manufacturing facility in Canandaigua, New York, including MEMS business with $3M annual revenue, for $2.75 million cash.
Canyon Bridge Capital Partners refiled its proposed $1.3 billion acquisition of Lattice Semiconductor Corp with the Committee on Foreign Investment in the United States (CFIUS).
Mogul Nonwovens, a Turkish company, began ramping up production at its new spunlace nonwoven fabric plant in Gray Court, South Carolina, in April 2017. The facility is the company's first outside Turkey and will primarily serve the wipes and hygiene markets.
The Georgia Ports Authority has commissioned the first of four new Neo-Panamax ship-to-shore cranes at the Garden City Terminal, bringing its fleet to 23.
Drake Plastics Medical Products will add 24,000 square feet of manufacturing space at its Cypress, Texas campus, with groundbreaking in April 2017 and completion in August 2017.
Elbit Systems of America was awarded a $49.8 million contract by the US Navy to supply 126 helmet display tracker systems (HDTS) for MH-60 Seahawk helicopter pilots. The contract is expected to be completed by 2021.
Lubrizol Corporation began construction of a new polyisobutylene (PIB) unit at its Deer Park, Texas facility. The unit, expected to be fully operational in the first half of 2019, will produce highly reactive PIB for next-generation dispersants and lubricants.
Dätwyler Sealing Solutions announced the construction of its first U.S. First Line production facility in Middletown, Delaware. The $100 million plant will produce elastomer components for injectable drug-delivery systems and is expected to be fully operational in Q4 2018.
Pratt & Whitney plans to invest approximately $386 million in projects at its Columbus, GA complex, including a new isothermal forging plant to produce turbine disks and compressor rotors, and a new building for GTF engine overhaul. The investment is expected to create 500 new jobs.
EMCOR Group Inc. acquired CCI Mechanical, a mechanical service and design-build contractor for commercial, industrial, and data center markets, headquartered in Salt Lake City. Terms were not disclosed.
WABCO opened a new facility in North Charleston, South Carolina, to localize production of air disc brakes for commercial vehicles in the US. The company invested USD 20 million in the plant.
Power Services Group of Anderson, SC added Orbital Energy Services and Turbine Generator Maintenance as wholly-owned subsidiaries alongside three existing Airco companies, creating a combined maintenance, repair and overhaul provider for rotating equipment in power generation and industrial markets.
Zeochem LLC is investing in a multi-million dollar expansion at its Louisville, KY plant, adding a new adsorbents line that will double capacity for adsorbents used in oxygen production. Start-up is expected in fall 2017.
EnerSys was awarded a long-term contract valued at over $71 million by the U.S. Defense Logistics Agency for production and supply of Hawker ARMASAFE Plus batteries for combat and tactical vehicles and generators. The contract is for three years with an option for two additional years.
A Vermont company won a U.S. Army contract for a lightweight combat helmet. Details are limited in the provided text.
Parsons was selected to provide design and construction management services for the upgrade and expansion of Elsinore Valley Municipal Water District's Regional Water Reclamation Facility, increasing capacity from 8 mgd to 12 mgd.
Valence Surface Technologies, a portfolio company of Trive Capital, has acquired Magnetic & Penetrant Services Company (MAPSCO), a metal finishing services provider for aerospace and defense industries based in Seattle, Washington.
Stantec signed an agreement to sell its software business Innovyze, a provider of wet infrastructure modeling and simulation software, to EQT Mid Market US fund for USD 270 million. The sale is expected to close in Q2 2017.
aluplast GmbH, a manufacturer of plastic profile systems for windows and doors, acquired US-based Chelsea Building Products, Inc., a manufacturer of custom PVC windows and doors and cellular PVC cladding based in Oakmont, Philadelphia. The transaction closed on March 21, 2017.
Subsea 7 won a contract from BP for the Mad Dog 2 Gulf of Mexico deepwater development, providing engineering, procurement, construction and installation of subsea umbilicals, risers and flowlines. The contract is valued between $300 million and $500 million.
Revision Military has been awarded a $98 million contract by the U.S. Army for the Advanced Combat Helmet Generation II (ACH GEN II), with up to 300,000 units to be produced by March 2022.
GE Healthcare is expanding its MRI components production operations in Florence, South Carolina, with a $40 million capacity expansion expected to create 100 new jobs.
BP awarded OneSubsea, a Schlumberger company, an EPC contract to supply the subsea production system for the Mad Dog 2 development in the Gulf of Mexico. Subsea 7 was separately awarded an EPCI contract for subsea controls, risers, pipelines and umbilicals. The announcement was made on 21 March 2017.
Weichai Power Co., Ltd. invested $60 million to acquire 40.71% of Power Solutions International Inc. (PSI), a US-listed engine manufacturer, becoming its largest shareholder. The deal includes an option to increase the stake to 51% after 18 months.
Mrs. Gerry's Kitchen, a salad and side dish manufacturer in Albert Lea, Minnesota, has completed its ninth expansion, including the installation of a TOMRA Orbit 350 steam peeling line, to expand its 'Ready to Eat Refrigerated Entrees' production.
Arconic announced a multi-year deal to be the exclusive supplier of aluminum sheet for Toyota North America's Lexus RX line. The contract covers supply from Arconic's Davenport, Iowa and Danville, Illinois plants.
Aircraft Recycling International Ltd., a Hong Kong-based unit of China Aircraft Leasing Group, has acquired 100% of Universal Asset Management Inc., a Memphis-based aircraft recycling and repair company. The acquisition was announced on March 20, 2017.
Fairbanks Scales Inc. and its distributor Associated Scale provided a LabelBank/DataBank Rapid Bar Code Labeling System to Whitewater Processing Company, a turkey processing facility in Harrison, Ohio.
Curtiss-Wright's Defense Solutions division has contracted with Zentech Manufacturing to expand secure manufacturing capabilities for sensitive U.S. DoD aerospace and defense programs.
OFD Foods will build a $25 million, 50,000 square foot manufacturing facility in Henrietta, New York, focused on freeze-drying services for bulk industrial packaging, creating 30 jobs.
Sussex Wire, Inc. announced the acquisition of Marox Corporation, a provider of CNC precision machined orthopedic implants and aerospace components, backed by Argosy Private Equity.
Salt River Materials Group (SRMG) was awarded a long-term fly ash marketing agreement by Deseret Power Electric Cooperative for the Bonanza Power Plant in Vernal, Utah, effective March 2017. SRMG gains exclusive rights to the plant's Class F fly ash.
Pratt Industries opened a $60 million corrugated packaging facility in Beloit, Wisconsin on 20 March 2017. At full capacity the 350,000 sq ft plant will employ 140 people and produce 600 tons of recycled boxes a day.
Nova Steel Inc. completed the acquisition of the assets of Sheffield Steel Products in Macedonia, Ohio. The business will operate as Sheffield Steel Inc., a member of the Nova Steel Group.
Chromaflo Technologies Corp. has acquired the Elementis Tint-Ayd line of colorant products and select Dapro driers from Elementis Specialties, Inc., effective March 17, 2017. The purchase price was not disclosed.
TOTAL Mechanical, Inc. acquired key operating divisions of Tri-Cor Mechanical, LLC, a mechanical contractor based in Janesville, Wisconsin. Terms were not disclosed.