Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) was selected to provide industrial drive and automation solutions for 86 Konecranes Automated-Stacking Cranes at the Port of Virginia's Norfolk International Terminal and Virginia International Gateway facilities. The combined cost of the projects is $670 million.
Mueller Industries announced it will expand to Utah by building a new copper tube manufacturing facility in Cedar City, Iron County, creating up to 125 jobs over eight years.
Nucor Corp. spent $900 million in the fourth quarter to buy three major tubing manufacturers: Independence Tube (Chicago), Southland Tube (Birmingham), and Republic Conduit (Louisville). The acquisitions include hollow structural sections and electrical conduit tubing.
J-POWER Westmoreland LLC, a subsidiary of J-POWER USA Investment Co., purchased an equity stake in the 925-MW Tenaska Westmoreland Generating station under construction near Pittsburgh, Pennsylvania. The plant is now jointly owned by Tenaska, Diamond Generating Corp., and J-POWER.
ERAPSCO, a joint venture of Sparton Corp and Ultra Electronics USSI, was awarded a $30.3 million contract by the U.S. Navy for sonobuoys. Production is expected to be completed by November 2018.
Orbital plans to move into an existing facility in Bingen, Washington, within six months to support its engine supply deal with InSitu. The facility will initially create about 15 jobs.
Orbital, an Australian UAV engine maker, signed a three-year, $90 million agreement with Boeing subsidiary InSitu to supply a new UAV engine. It will set up a facility near InSitu in Bingen, Washington, creating about 15 jobs initially.
Mitsubishi Chemical Holdings will acquire a 1,000 t/y carbon fiber plant in Evanston, Wyoming, from SGL Carbon. The transaction, worth several billion yen, will be concluded by Mitsubishi Rayon's US subsidiary and is due to be completed in April 2017.
Mitsubishi Heavy Industries plans to double research employees at its U.S. forklift division to about 100 by October 2017 and is ready to add capacity at its turbocharger factory in Franklin, Indiana, which produced 1.2 million units in 2016.
Saw Mill Capital Partners II, LP and affiliated funds have acquired iAutomation, a value-added designer and distributor of automation products. Terms were not disclosed.
TMEIC has been selected to provide industrial drive and automation solutions for 86 Konecranes Automated-Stacking Cranes at the Port of Virginia's Norfolk International Terminal and Virginia International Gateway facilities.
Packsize International will expand its Utah operations, adding up to 354 jobs over seven years and an expected $9.2 million in capital investment, with the company positioning Utah as its global base.
Vulcan Materials Co. and Fairfax Water signed an agreement to convert Vulcan's quarry in Lorton, Virginia, into a water storage reservoir over 70 years. The reservoir will hold up to 17 billion gallons of water, developed in two stages: the northern part by 2035 and the remainder by 2085.
Ecolab Inc. acquired Abednego Environmental Services, a Michigan-based engineering firm specializing in water recycling, paint booth management, and waste treatment for auto manufacturers. The deal adds $40 million in new annual revenue to Ecolab's Nalco Water business. Terms were not disclosed.
Zschimmer & Schwarz Inc. acquired the Lexolube division of Inolex Chemical Co., expanding its specialty lubricants portfolio. The company plans to build a new $50 million facility in Gordon, Georgia, creating 75 jobs.
Enel, a global energy company based in Rome, acquired Demand Energy Networks, a Liberty Lake company that makes energy storage systems. Demand Energy will remain in Liberty Lake and continue to grow.
Trans-Pacific Aerospace Company signed a letter of intent to acquire a meaningful ownership interest in a North American Aerospace manufacturing company (NAACO). The transaction is expected to close in H1 2017.
Cahill Services, LLC acquired the intellectual property and worldwide distribution rights of JetHeat LLC, a specialty flameless heating product company. Terms were not disclosed.
Dana Corporation signed a multi-year commercial sales agreement with Navistar to supply driveline components for on-highway, city-delivery, bus and vocational vehicles.
ABB won an order worth over $100 million from Los Angeles Department of Water and Power (LADWP) to modernize the Sylmar HVDC converter station in California, part of the Pacific Intertie link. The order was booked in Q4 2016.
H.B. Fuller Co. purchased the industrial adhesives business of Wisdom Worldwide Adhesives. The business will be included in H.B. Fuller's Americas Adhesives operating segment.
Nordson Corp. acquired Plas-Pak Industries Inc., a manufacturer of injection molded, single-use plastic dispensing and packaging products.
Innovative Chemical Products acquired MinusNine Technologies. MinusNine will be integrated into ICP Industrial, Inc.
SCIGRIP completed the acquisition of Glue Boss Inc. Glue Boss will join Integra Adhesives in the SCIGRIP family.
Shurtape Technologies LLC acquired Syntac Coated Products LLC. The combined portfolio includes cloth, duct, masking, paper, packaging, foil, film, double-coated and transfer tapes.
Firestone Building Products Co. LLC reached a definitive agreement to acquire Gaco Western. The acquisition will strengthen Firestone's position in commercial roofing.
Mitsubishi Rayon, through its subsidiary MRCFAC, plans to acquire all shares of SGL Carbon Fibers LLC in Evanston, Wyoming, from SGL Group. The acquisition will add 1,000 tonnes of annual carbon fiber capacity and is expected to close by April 2017.
Owen Steel Company of South Carolina, a subsidiary of Commercial Metals Company, signed a definitive asset purchase agreement to acquire seven recycling facilities from OmniSource Corporation, a subsidiary of Steel Dynamics Inc.
Saab plans to relocate its North American headquarters to its DeWitt site and invest $55 million in an expansion, creating nearly 260 new high-tech jobs and retaining over 450 existing employees.
Saab Defense and Security USA will move its headquarters from Ashburn, Virginia to East Syracuse, New York, creating 260 high-tech jobs. The company will invest $55 million, supported by $30 million in state incentives.
Integra LifeSciences has signed a definitive agreement to acquire Derma Sciences for $7.00 per share in cash, expanding its regenerative technology and advanced wound care capabilities. The transaction is expected to close at the end of Q1 2017.
Vestas has received a firm order for 150 V110-2.0 MW turbines totaling 300 MW in the USA. Delivery is expected to begin in Q2 2017 with commissioning in Q4 2017.
PacMoore has commissioned and started production on a new full-scale Coperion 120mm twin screw extruder at its Mooresville, Indiana facility. The line can produce up to 3,000 pounds of finished products per hour.
Hill-Rom Holdings, Inc. signed a definitive agreement to acquire Mortara Instrument, Inc., a leader in diagnostic cardiology and patient monitoring solutions, for $330 million in cash, with an effective purchase price of approximately $290 million after tax benefits.
Acton Optics & Coatings redesigned a portion of its suburban Boston manufacturing facility to enhance and expand production of Metachrome and Unichrome UV-conversion coatings, including a new automated system and a processing chamber with 4x capacity increase.
Marlen, Inc., a subsidiary of Duravant LLC, has acquired Afoheat, a provider of gas-powered heating, roasting, searing and grilling equipment for the food industry. The acquisition adds continuous thermal processing technologies to Marlen's portfolio.
Archer Daniels Midland Company signed an agreement to acquire Crosswind Industries, a Kansas-based producer of pet treats and foods. The acquisition adds five facilities including four extrusion plants and a packaging facility.
Mitsubishi Caterpillar Forklift America Inc. announced plans to build a 71,000-sq.-ft. manufacturing facility and distribution center in Houston, Texas, as part of a joint venture with Jungheinrich AG.
Boyce Technologies is building a 100,000 sq ft manufacturing facility in Long Island City, Queens, New York, to consolidate operations. The facility is expected to open early 2017.
Amcor Rigid Plastics will invest $40 million to double production at its Bellevue, Ohio facility, adding about 126,000 sq ft of manufacturing space and 85,000 sq ft of warehouse space, supported by a JobsOhio grant. The expansion started in 2017 and is expected to finish in 2018.
Allied Mineral Products, Inc. has announced its intent to purchase Pryor-Giggey Co., a monolithic refractory and precast shapes company with plants in Anniston, AL and Chehalis, WA. The acquisition is expected to be completed by the end of January 2017.
MultiSeal Inc. plans to invest $700,000 in an expansion including new warehousing facilities and process lines in Evansville, Indiana, adding 25 jobs over five years.
Bridgestone Americas announced an additional $180 million investment in its Wilson, North Carolina passenger tire plant, bringing total investment to $344 million. The expansion includes a new rubber mixer, 16 jobs, and will increase daily capacity by 3,000 tires to 35,000 by 2018.
Wastewater technology firm JWC Environmental has acquired FRC Systems International, an industrial wastewater process design and equipment company, for an undisclosed amount.
Luxembourg-based Armacell has acquired foam maker Nomaco's insulation business. Both companies have major operations in the Triangle area of North Carolina.
World Product Sourcing (WPS) announced plans to build a manufacturing plant in Ringgold, Georgia to support its Fusion brand of rigid core resilient flooring, enabling faster replenishment for distributors.
Empire, a private investment firm, completed the acquisition of AmeriWater, a provider of water treatment solutions for dialysis, healthcare and industrial applications, from SUEZ North America on December 30, 2016. Financial terms were not disclosed.
PENTAX Medical, a division of HOYA Group, acquired C2 Therapeutics, developer of the C2 CryoBalloon Ablation System for endoscopic ablation of Barrett's esophagus. The acquisition amount was undisclosed.
Fiat Chrysler Automobiles will invest $1 billion in two US factories to produce three new Jeep models including a pickup truck, creating 2,000 jobs. The Warren, Michigan plant will be modernized for the Wagoneer and Grand Wagoneer, and the Toledo, Ohio plant will get new equipment for the pickup.
Fiat Chrysler Automobiles announced it will invest $1 billion in two U.S. factories and create 2,000 new jobs to add three new Jeep models including a pickup truck. The Warren, Michigan plant will be modernized to build the new Jeep Wagoneer and Grand Wagoneer, and the Toledo, Ohio plant will get new equipment to make a new Jeep pickup.