Oxco, Inc. will build a 150,000-square-foot facility in Fort Mill's Lakemont Business Park, investing $13 million and creating 130 new jobs by the second quarter of 2018.
PAC Machinery completed plans to relocate its Converting Technology plant to a 72,000-square-foot facility in Milwaukee, Wisconsin, doubling manufacturing capacity. The move will create new jobs in customer service, sales, engineering, and manufacturing.
Columbia/Okura formed a strategic alliance with Statec Binder to provide North American producers with end-to-end automated bag line solutions, combining robotic palletizing and bagging technologies.
Tank Connection is nearing completion of an expansion at its Galesburg, KS facility, adding a technologically advanced glass/porcelain enamel coating line for liquid storage tank panels. The new line came online in January 2017.
Aero Turbine received a $128.7 million contract from the U.S. Air Force to overhaul J85-GE-5/-21 engine components, with work in Stockton, California expected to be complete by July 2022.
Lear Corporation is expanding its existing operations in Duncan, South Carolina, adding equipment and upgrading infrastructure with a $7.7 million capital investment to support automotive seating programs for Volvo and BMW assembly plants.
MACOM Technology Solutions completed its acquisition of Applied Micro Circuits Corporation (AppliedMicro) for $3.25 in cash and 0.1089 shares of MACOM common stock per share. The deal closed on January 26, 2017.
Mitsubishi Caterpillar Forklift America Inc. and Jungheinrich Lift Truck Corp. formed a joint venture, Industrial Components of Texas, LLC (ICOTEX), to manufacture industrial components. A 71,000-square-foot facility broke ground in Conroe, Texas, and is scheduled to open in late summer 2017, creating about 80 jobs.
Teknor Apex Co. will build a 200,000-square-foot distribution facility in Brownsville-Haywood County Industrial Park, representing a $32.2 million investment and creating 50 jobs. The building should be operational by September 2017.
Cleveland Steel Container Corporation acquired privately held U.S. Coexcell, Inc. of Maumee, Ohio, a maker of multi-layer plastic drum packaging, in a transaction for which P&M Corporate Finance was exclusive financial advisor.
Rio Nuevo approved SmithGroupJJR+WSM as architects and Sundt Construction as general contractor for Caterpillar's new Surface Mining & Technology facility in Tucson, Arizona.
United Rentals agreed to buy NES Rentals Holdings II Inc for about $965 million in cash, expanding its presence in the U.S. East Coast, Gulf states and Midwest.
NewCold Advanced Cold Logistics and Fisher Construction Group have broken ground on a high-bay automated storage and retrieval system warehouse near the Port of Tacoma and Interstate Highway 5 in the United States.
GE will supply three 7F.05 gas turbines, three steam turbines and heat recovery steam generators for the Cricket Valley Energy Center in New York, a 1,100 MW combined-cycle power plant. GE Capital also helped secure approximately $1 billion in credit facilities for the project.
Cricket Valley Energy Center LLC awarded Bechtel a contract to design and build a 1,100-megawatt natural-gas fired combined-cycle power plant in Dover, New York. The plant will provide electricity for one million homes and create approximately 1,100 construction jobs, with completion expected in 2020.
System Logistics, a Krones Group company, acquired the Vertique business from Illinois Tool Works Inc. through its US subsidiary System Logistics Corporation. Vertique, based in Arden, North Carolina, provides warehouse automation solutions for the food and beverage market.
Nordic Semiconductor announced that NXT-ID has selected its nRF52832 Bluetooth low energy System-on-Chip for connectivity in NXT-ID's IoT Stamp module.
Ducommun received a multiyear, multimillion dollar contract from Airbus to produce additional titanium structures for engine support and engine frames on the A320neo aircraft. The parts will be manufactured at Ducommun's operations center in Parsons, Kansas.
M-D Building Products is expanding its Oklahoma City headquarters with a 100,000-square-foot addition and adding 105 jobs over three years, with an $11.9 million investment. Construction has already broken ground and will be completed by summer 2017.
Tenova was awarded a contract to design and build a walking beam furnace for NLMK Group's Pennsylvania mill, part of an $80 million investment. The furnace will replace three outdated pusher furnaces and start up in 2018.
Teknor Apex will invest $32.2 million to build a 200,000-square-foot distribution facility in Brownsville, Tennessee, creating 50 new jobs. The expansion will allow growth of manufacturing units at its existing plant.
Bicycle Corporation of America opened a new factory in Manning, South Carolina, investing $6 million in robots and creating 140 jobs. The facility brings back 10% of manufacturing from China.
Sonoco Products will invest about $20 million in a new packaging center in Fairburn, Fulton County, Georgia, creating 130 full-time and 465 part-time jobs to support Duracell's North American battery packaging operation.
Figeac Aero was awarded an eight-year contract by Spirit AeroSystems to build primary parts and subassemblies for Airbus A350 and Boeing 737, 747-8, 767 and 777 aircraft.
AkzoNobel plans to invest $10 million in its Nashville operations and hire 70 people over five years, including 40 professional service positions and manufacturing roles.
WireCo WorldGroup has begun a $14 million expansion of its manufacturing facility in Sedalia, Missouri, adding 90,000 square feet and over 30 jobs, with completion targeted for early 2017 and equipment installation by summer 2017.
Xylem won a $1.5 million contract to supply 10 Flygt NP-3400 submersible pumps to replace aging pumps at the McAlpine Creek Wastewater Treatment Plant in Pineville, North Carolina.
DMT Clear Gas Solutions has been selected to build the world's largest biogas upgrading installation using membrane technology at an undisclosed US biogas plant, its first such installation in the US. The plant will use pig manure as feedstock.
ZPower, a developer of silver-zinc microbatteries, is collaborating with Starkey Hearing Technologies to launch a rechargeable option for the Muse micro RIC 312t hearing aid in February 2017.
Triumph Group finalized an eight-year agreement with Rolls-Royce to supply thrust links for the Trent XWB engine program. Triumph Precision Components will deliver the first components in 2019 after a two-year development period. The contract value is $52 million.
Figeac Aero North America was awarded the largest contract in its history from Spirit AeroSystems to build parts and sub-assemblies for Airbus A350 XWB and Boeing 737, 747-8, 767 and 777 aircraft, with work to be done in Wichita and other sites.
Crown Paper Group's Montebello Container installed an automated dry end at its La Mirada sheet feeder plant plus conveyors, unitizers and wet-end upgrades, and improved safety and waste at Pico Rivera and Santa Fe Springs. Montebello increased production more than 20 percent in 2016.
Crown Paper Group promoted Anthony Salcido to chairman and Larry Vas to president of Montebello Container Corporation, a Southern California corrugated sheet producer it acquired in 2015.
Chicago-based Flack Steel changed its name to Flack Global Metals, reflecting the consolidation of recent acquisitions of Consolidated Metal Products in Columbia, South Carolina, and JD Steel Products in Toledo, Ohio.
Continental Dairy Facilities and the city of Coopersville reached an agreement for a $6.5 million wastewater pre-treatment process and plant upgrade to address capacity issues, allowing for future expansion.
LED Medical Diagnostics Inc. entered a definitive agreement to acquire 100% of Apteryx Inc., a dental software developer based in Akron, Ohio, for $10.25 million. The transaction is expected to close in Q1 2017.
Technimark opened the Donald F. Wellington Innovation Center, a nearly 30,000 sq. ft. facility at its Asheboro, N.C. campus, consolidating design and engineering staff for injection-molded packaging and components.
Daikin North America LLC assembled the first VRV unit at its new $417 million, 4 million sq. ft. Daikin Texas Technology Park campus in Waller, Texas. The facility will manufacture Daikin, Goodman, and Amana branded HVAC systems.
Prysmian Group is investing $200 million to build a new submarine power cable manufacturing plant at Brayton Point, Massachusetts. The plant will produce inter-array and export cables for offshore wind farms.
Silicon Labs announced the acquisition of Zentri, an innovator in low-power, cloud-connected Wi-Fi technologies for the Internet of Things.
Momentive Performance Materials purchased Sea Lion Technology, a Texas City, Texas, contract manufacturer that has been supplying Momentive with silanes, including its NXT brand silane used in fuel-efficient tires.
Delfingen Industry S.A. acquired Drossbach North America effective January 23, 2017. Drossbach North America reported turnover of $18 million in 2016.
Battery Handling Systems, Inc. invested in a second laser cutter and a computerized press break to speed up production of all-steel products at its St. Louis facility, and added two new professional positions.
Thompson Friction Welding won an order for a 50-tonne friction welding machine from American Friction Welding, which will use it to join components for semiconductor, defence, electrical and aerospace industries.
Automated Tool & Machine announced plans to acquire and relocate to a 50,000 square foot industrial building in Rosman, North Carolina, to increase investment and add jobs.
Icahn Enterprises L.P. closed its all-cash acquisition of Federal-Mogul Holdings Corporation for $10.00 per share, making Federal-Mogul a wholly owned subsidiary of Icahn Enterprises.
WestRock agreed to acquire all outstanding shares of Multi Packaging Solutions (MPS) for $18.00 per share in cash plus about $873 million of net debt, a total enterprise value of $2.28 billion. The deal was announced on January 24, 2017.
Weir Group is moving Delta Industrial valve manufacturing from Michigan to an existing facility in St. Louis, Missouri, starting June 2017 to support planned expansion.
Silgan Holdings agreed to buy WestRock's specialty closures and dispensing business for about $1 billion, a purchase that includes 13 plants.
South Atlantic Packaging has acquired ProStar Packaging in Pottstown, Pennsylvania, enhancing its presence in the food and beverage packaging arena.